Wall Street analysts expect SVB Financial Group (NASDAQ:SIVB) to post earnings of $4.96 per share for the current quarter, according to Zacks. Eight analysts have made estimates for SVB Financial Group’s earnings, with estimates ranging from $4.77 to $5.59. SVB Financial Group posted earnings per share of $4.42 in the same quarter last year, which suggests a positive year-over-year growth rate of 12.2%. The firm is scheduled to report its next quarterly earnings results on Thursday, July 25th.

According to Zacks, analysts expect that SVB Financial Group will report full year earnings of $20.37 per share for the current year, with EPS estimates ranging from $19.56 to $20.96. For the next financial year, analysts expect that the firm will report earnings of $21.96 per share, with EPS estimates ranging from $20.74 to $23.67. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover SVB Financial Group.

SVB Financial Group (NASDAQ:SIVB) last released its quarterly earnings data on Thursday, April 25th. The bank reported $5.44 earnings per share for the quarter, beating analysts’ consensus estimates of $4.73 by $0.71. SVB Financial Group had a net margin of 36.09% and a return on equity of 20.83%. The business had revenue of $793.26 million during the quarter, compared to analyst estimates of $744.49 million. During the same period in the previous year, the business earned $3.63 EPS.

SIVB has been the subject of a number of recent research reports. SunTrust Banks lifted their price objective on shares of SVB Financial Group to $280.00 and gave the company a “buy” rating in a research note on Monday, January 28th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of SVB Financial Group from a “hold” rating to a “buy” rating and set a $253.00 price objective for the company in a research note on Wednesday, January 23rd. BidaskClub upgraded shares of SVB Financial Group from a “strong sell” rating to a “sell” rating in a research note on Tuesday, January 29th. Maxim Group reduced their price objective on shares of SVB Financial Group to $325.00 and set a “buy” rating for the company in a research note on Monday, April 29th. Finally, Bank of America set a $280.00 price objective on shares of SVB Financial Group and gave the company a “buy” rating in a research note on Tuesday, March 5th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. SVB Financial Group currently has a consensus rating of “Buy” and a consensus target price of $309.60.

In other SVB Financial Group news, insider Michael Descheneaux sold 6,000 shares of the firm’s stock in a transaction on Monday, May 13th. The shares were sold at an average price of $239.55, for a total value of $1,437,300.00. Following the completion of the transaction, the insider now directly owns 23,811 shares of the company’s stock, valued at approximately $5,703,925.05. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider John China sold 11,200 shares of the firm’s stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $249.12, for a total transaction of $2,790,144.00. Following the completion of the transaction, the insider now directly owns 22,172 shares of the company’s stock, valued at $5,523,488.64. The disclosure for this sale can be found here. Over the last three months, insiders sold 20,383 shares of company stock valued at $5,003,767. Insiders own 0.73% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Advisor Partners LLC lifted its holdings in shares of SVB Financial Group by 2.8% during the 1st quarter. Advisor Partners LLC now owns 1,769 shares of the bank’s stock worth $393,000 after acquiring an additional 49 shares during the last quarter. Middleton & Co Inc MA lifted its holdings in shares of SVB Financial Group by 0.5% during the 1st quarter. Middleton & Co Inc MA now owns 10,085 shares of the bank’s stock worth $2,243,000 after acquiring an additional 50 shares during the last quarter. Lyell Wealth Management LP lifted its holdings in shares of SVB Financial Group by 3.3% during the 1st quarter. Lyell Wealth Management LP now owns 1,550 shares of the bank’s stock worth $345,000 after acquiring an additional 50 shares during the last quarter. We Are One Seven LLC lifted its holdings in shares of SVB Financial Group by 5.9% during the 4th quarter. We Are One Seven LLC now owns 1,090 shares of the bank’s stock worth $207,000 after acquiring an additional 61 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of SVB Financial Group by 5.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,155 shares of the bank’s stock worth $257,000 after acquiring an additional 62 shares during the last quarter. 90.52% of the stock is owned by institutional investors.

SVB Financial Group stock traded down $2.53 during mid-day trading on Tuesday, reaching $229.77. The company’s stock had a trading volume of 366,741 shares, compared to its average volume of 452,962. SVB Financial Group has a 12-month low of $177.70 and a 12-month high of $333.74. The firm has a market capitalization of $12.10 billion, a price-to-earnings ratio of 12.60, a P/E/G ratio of 1.50 and a beta of 2.03. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.13.

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.

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

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