|Bid||549.21 x 900|
|Ask||550.33 x 900|
|Day's Range||549.65 - 560.17|
|52 Week Range||217.23 - 608.84|
|Beta (5Y Monthly)||2.04|
|PE Ratio (TTM)||15.70|
|Earnings Date||Oct 21, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 10, 1992|
|1y Target Est||618.83|
SVB Financial (SIVB) records a rise in revenues and expenses in the second quarter of 2021.
As you can see from our earnings announcement and slides which we filed a few hours ago, we had another quarter of exceptional growth and profitability marked by continuing trends of outstanding balance sheet growth, strong net interest income, robust fee and market related income and solid credit. As a result of our outperformance, we once again increased our 2021 growth outlook.
SVB (SIVB) delivered earnings and revenue surprises of 40.28% and 34.12%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?