SVB Financial Group (NASDAQ:SIVB) will be issuing its quarterly earnings data after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of $4.73 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

SVB Financial Group (NASDAQ:SIVB) last issued its earnings results on Thursday, January 24th. The bank reported $4.96 earnings per share for the quarter, beating the Zacks’ consensus estimate of $4.69 by $0.27. SVB Financial Group had a return on equity of 19.90% and a net margin of 35.87%. The firm had revenue of $673.69 million for the quarter, compared to analysts’ expectations of $697.89 million. During the same quarter last year, the firm earned $2.19 earnings per share. The firm’s revenue for the quarter was up 30.0% compared to the same quarter last year. On average, analysts expect SVB Financial Group to post $20 EPS for the current fiscal year and $22 EPS for the next fiscal year.

Shares of SVB Financial Group stock opened at $249.75 on Wednesday. SVB Financial Group has a twelve month low of $177.70 and a twelve month high of $333.74. The firm has a market capitalization of $13.15 billion, a P/E ratio of 13.70, a PEG ratio of 1.60 and a beta of 2.01. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.65 and a current ratio of 0.65.

In other news, insider Michelle Draper sold 1,748 shares of SVB Financial Group stock in a transaction dated Thursday, January 31st. The stock was sold at an average price of $238.44, for a total transaction of $416,793.12. Following the sale, the insider now directly owns 7,573 shares of the company’s stock, valued at $1,805,706.12. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Christopher Edmonds-Waters sold 3,669 shares of SVB Financial Group stock in a transaction dated Thursday, February 14th. The stock was sold at an average price of $242.39, for a total value of $889,328.91. Following the sale, the insider now directly owns 6,020 shares in the company, valued at $1,459,187.80. The disclosure for this sale can be found here. Insiders sold 16,617 shares of company stock worth $4,096,266 over the last three months. 0.73% of the stock is currently owned by corporate insiders.

A number of brokerages recently weighed in on SIVB. ValuEngine upgraded SVB Financial Group from a “sell” rating to a “hold” rating in a report on Tuesday, April 16th. BidaskClub upgraded SVB Financial Group from a “strong sell” rating to a “sell” rating in a report on Friday, April 5th. Bank of America set a $280.00 target price on SVB Financial Group and gave the company a “buy” rating in a report on Tuesday, March 5th. SunTrust Banks lifted their target price on SVB Financial Group to $280.00 and gave the company a “buy” rating in a report on Monday, January 28th. They noted that the move was a valuation call. Finally, Piper Jaffray Companies set a $291.00 target price on SVB Financial Group and gave the company a “buy” rating in a report on Friday, January 25th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company’s stock. SVB Financial Group currently has an average rating of “Buy” and a consensus price target of $315.07.

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SVB Financial Group Company Profile

SVB Financial Group, a diversified financial services company, provides various banking and financial products and services. The company operates through three segments: Global Commercial Bank, SVB Private Bank, and SVB Capital. The Global Commercial Bank segment offers deposit products, such as business and analysis checking, money market, multi-currency, in-country bank, and sweep accounts, as well as merchant, remote capture, lockbox, electronic deposit capture, and fraud control services; credit products and services comprising term loans, equipment loans, asset-based loans, revolving lines of credit, accounts-receivable-based lines of credit, capital call lines of credit, and credit cards; and payment and cash management products and services, including wire transfer and automated clearing house payment, bill pay, debit and credit cards, account analysis, and disbursement, as well as online and mobile banking services.

Further Reading: Growth and Income Funds

Earnings History for SVB Financial Group (NASDAQ:SIVB)

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