AllAnalyst Report
logoArgusOctober 26, 2021

SVB Financial Group: Reaffirming HOLD following 3Q results

Symbols
SIVB
Sector(s)
Financial Services
Rating
Current Price
$710.21
Price Target
Earnings Estimate
Summary

SVB Financial Group, a diversified financial services company, provides banking and financial services. The company operates through three segments: Global Commercial Bank, SVB Private Bank, and SVB Capital. It was founded in 1983 and is headquartered in Santa Clara, California. As of September 30, 2021, SVB Financial Group had $183 billion in assets and $355 billion total client funds.

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Analyst Profile

Kevin Heal

Chief Compliance Officer & Senior Analyst: Financial Services
Kevin is the Chief Compliance Officer for the Argus Research Group. His responsibilities include ensuring that the firm is SEC compliant and adheres to all rules and regulations. He has over thirty years of Wall Street experience with both large investment banks and regional dealers most recently with a hedge fund Sandler Capital Management. He will also provide research coverage for select financial institutions under coverage at Argus Research Company. Kevin graduated from Northwestern University with a B.A. in Economics and maintains the Series 65 registration.