Wall Street brokerages expect SVB Financial Group (NASDAQ:SIVB) to announce $539.04 million in sales for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have provided estimates for SVB Financial Group’s earnings, with the highest sales estimate coming in at $553.00 million and the lowest estimate coming in at $516.38 million. SVB Financial Group posted sales of $427.65 million in the same quarter last year, which suggests a positive year over year growth rate of 26%. The firm is expected to report its next quarterly earnings report on Thursday, April 26th.

On average, analysts expect that SVB Financial Group will report full year sales of $539.04 million for the current financial year, with estimates ranging from $2.23 billion to $2.33 billion. For the next financial year, analysts expect that the business will report sales of $2.61 billion per share, with estimates ranging from $2.53 billion to $2.71 billion. Zacks’ sales averages are an average based on a survey of analysts that cover SVB Financial Group.

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SVB Financial Group (NASDAQ:SIVB) last posted its quarterly earnings results on Thursday, January 25th. The bank reported $2.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.60 by ($0.41). SVB Financial Group had a return on equity of 12.83% and a net margin of 24.25%. The company had revenue of $545.97 million during the quarter, compared to the consensus estimate of $523.45 million. During the same quarter in the prior year, the business earned $1.89 earnings per share.

SIVB has been the topic of several recent research reports. Wells Fargo & Co restated an “outperform” rating and issued a $280.00 price target (up from $240.00) on shares of SVB Financial Group in a research report on Tuesday, January 9th. Zacks Investment Research upgraded SVB Financial Group from a “hold” rating to a “buy” rating and set a $271.00 price target on the stock in a research report on Wednesday, December 27th. SunTrust Banks restated a “buy” rating and issued a $280.00 price target on shares of SVB Financial Group in a research report on Wednesday, January 3rd. ValuEngine lowered SVB Financial Group from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Barclays raised their price target on SVB Financial Group from $217.00 to $251.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 2nd. Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. SVB Financial Group presently has a consensus rating of “Buy” and an average price target of $248.62.

In other SVB Financial Group news, insider Gregory W. Becker sold 4,500 shares of SVB Financial Group stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $243.49, for a total value of $1,095,705.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Philip C. Cox sold 1,175 shares of SVB Financial Group stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $252.77, for a total value of $297,004.75. Following the completion of the sale, the insider now directly owns 4,097 shares in the company, valued at approximately $1,035,598.69. The disclosure for this sale can be found here. Insiders have sold a total of 8,185 shares of company stock worth $2,017,574 in the last ninety days. 0.74% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in SIVB. Wagner Wealth Management LLC acquired a new stake in shares of SVB Financial Group in the 4th quarter valued at about $100,000. We Are One Seven LLC acquired a new stake in shares of SVB Financial Group in the 4th quarter valued at about $169,000. Green Square Capital LLC acquired a new stake in shares of SVB Financial Group in the 3rd quarter valued at about $206,000. Lourd Capital LLC acquired a new stake in shares of SVB Financial Group in the 4th quarter valued at about $207,000. Finally, IPG Investment Advisors LLC acquired a new stake in shares of SVB Financial Group in the 4th quarter valued at about $213,000. 89.70% of the stock is currently owned by hedge funds and other institutional investors.

SVB Financial Group (NASDAQ:SIVB) traded down $2.66 during trading hours on Friday, hitting $259.53. The stock had a trading volume of 591,657 shares, compared to its average volume of 452,682. SVB Financial Group has a 1-year low of $159.44 and a 1-year high of $271.79. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.59 and a quick ratio of 0.59. The company has a market cap of $13,720.00, a price-to-earnings ratio of 26.22, a P/E/G ratio of 1.75 and a beta of 1.43.

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SVB Financial Group Company Profile

SVB Financial Group is a financial services company, as well as a bank holding and a financial holding company. The Company’s segments include Global Commercial Bank, SVB Private Bank and SVB Capital. The Global Commercial Bank segment consists of the operations of its Commercial Bank, and of SVB Wine, SVB Analytics and its Debt Fund Investments.

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Earnings History and Estimates for SVB Financial Group (NASDAQ:SIVB)

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