Edition:
United States

SVB Financial Group (SIVB.OQ)

SIVB.OQ on NASDAQ Stock Exchange Global Select Market

240.15USD
16 Nov 2018
Change (% chg)

$0.00 (+0.00%)
Prev Close
$240.15
Open
$237.36
Day's High
$242.52
Day's Low
$235.88
Volume
201,693
Avg. Vol
206,805
52-wk High
$333.00
52-wk Low
$211.91

Latest Key Developments (Source: Significant Developments)

Svb Financial Group Announces Stock Repurchase Program
Tuesday, 13 Nov 2018 04:06pm EST 

Nov 13 (Reuters) - SVB Financial Group ::SVB FINANCIAL GROUP ANNOUNCES STOCK REPURCHASE PROGRAM.SVB FINANCIAL GROUP - AUTHORIZED A STOCK REPURCHASE PROGRAM THAT ENABLES COMPANY TO REPURCHASE UP TO $500 MILLION OF ITS OUTSTANDING COMMON STOCK.SVB FINANCIAL GROUP - THE PROGRAM EXPIRES ON NOVEMBER 15, 2019..  Full Article

Svb Financial Group To Acquire Healthcare Investment Bank Leerink Partners
Tuesday, 13 Nov 2018 04:05pm EST 

SVB Financial Group ::SVB FINANCIAL GROUP TO ACQUIRE HEALTHCARE INVESTMENT BANK LEERINK PARTNERS.SVB FINANCIAL GROUP - WILL ACQUIRE LEERINK FOR $280 MILLION IN CASH UP FRONT TO UNITHOLDERS.SVB FINANCIAL GROUP - NEW ENTITY, SVB LEERINK, WILL OPERATE AS A WHOLLY-OWNED SUBSIDIARY OF SVB FINANCIAL GROUP.SVB FINANCIAL GROUP - WILL PROVIDE A RETENTION POOL FOR EMPLOYEES OF LEERINK OF $60 MILLION TO BE PAID OVER FIVE YEARS.  Full Article

SVB Financial Group CEO's 2017 Total Compensation Was $6.1 Mln Vs $5.1 Mln In 2016
Thursday, 8 Mar 2018 05:18pm EST 

March 8 (Reuters) - SVB Financial Group ::SVB FINANCIAL GROUP CEO GREG BECKER'S 2017 TOTAL COMPENSATION WAS $6.1 MILLION VERSUS $5.1 MILLION IN 2016 – SEC FILING ‍​.  Full Article

SVB Financial Group says ‍consolidated net income available to common stockholders for Q3 $2.79 per diluted common share​
Thursday, 26 Oct 2017 05:26pm EDT 

Oct 26 (Reuters) - SVB Financial Group ::SVB Financial Group - ‍consolidated net income available to common stockholders for q3 $2.79 per diluted common share​.SVB Financial Group - qtrly ‍net interest income fully taxable equivalent basis of $374.6 million, an increase of $31.4 million compared to q2 2017​.  Full Article

SVB Financial sees FY net interest margin between 3-3.10 pct
Friday, 4 Aug 2017 05:08pm EDT 

Aug 4 (Reuters) - SVB Financial Group ::SVB Financial Group - sees FY net interest income increase at percentage rate in high tee‍​ns to low twenties - SEC filing.SVB Financial Group - sees FY net interest margin between 3.00% and 3.10%.  Full Article

SVB Financial ‍says net income available to common stockholders for Q2 $2.32 per diluted common share​
Thursday, 27 Jul 2017 04:33pm EDT 

July 27 (Reuters) - Svb Financial Group ::Svb financial group - ‍consolidated net income available to common stockholders for q2 $2.32 per diluted common share​.Svb financial group - qtrly ‍net interest income of $343.2 million, an increase of $32.9 million or 10.6 percent - sec filing ​.  Full Article

Savara says has entered into a loan agreement with silicon valley bank
Monday, 1 May 2017 08:00am EDT 

May 1 (Reuters) - Svb Financial Group :Savara inc - has entered into a loan agreement with silicon valley bank.Savara inc - agreement provides for a $15 million debt facility, $7.5 million of which is immediately available to savara.Savara inc - primary use of capital is for repayment of pre-merger debt of $3.7 million owed to hercules technology growth capital.Savara inc - immediately after funding of initial $7.5 million,repayment of hercules debt, savara expects to have cash on hand of approximately $19 million..Savara inc - in addition, capital will be utilized to fund savara's ongoing development programs.  Full Article

SVB Financial Group qtrly net interest income of $310.3 mln
Thursday, 27 Apr 2017 04:29pm EDT 

April 27 (Reuters) - SVB Financial Group ::SVB Financial Group - qtrly net interest income of $310.3 million, an increase of $13.4 million.SVB- consolidated net income available to common stockholders for q1 of 2017 $1.91 per diluted common share.SVB - qtrly provision for credit losses of $30.7 million, compared to $16.5 million.Q1 earnings per share view $1.87, revenue view $417.3 million -- Thomson Reuters I/B/E/S.  Full Article

SVB Financial plans to appoint CFO Michael Descheneaux to position of president of Silicon Valley Bank
Thursday, 26 Jan 2017 04:40pm EST 

SVB Financial Group : SVB Financial Group - on Jan. 26, 2017, announced plans to appoint Michael Descheneaux, current CFO, to position of president of Silicon Valley Bank .SVB Financial - Descheneaux's appointment is expected to become effective upon appointment of new CFO, a search for which is currently underway.  Full Article

SVB Financial Group qtrly shr $1.89
Thursday, 26 Jan 2017 04:24pm EST 

SVB Financial Group : Qtrly eps $1.89 per diluted common share .Net interest income, on a fully taxable equivalent basis, was $296.9 million for Q4 of 2016, compared to $289.4 million for Q3 of 2016.  Full Article

Photo

Israel's defense expertise drives tech boom for autonomous cars

SHFAYIM, Israel Technology that has helped Israel's military drive tanks, guide and intercept missiles, and keep its computer systems secure is being redeployed in the development of driverless cars.