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Is SVB Financial a Buy?

Is SVB Financial a Buy?

SVB Financial Group (NASDAQ: SIVB), the holding company for Silicon Valley Bank, has been about as good a bank stock as you could want over the past decade. For the 10-year period that ended June 30, SVB has had an annualized return of about 17%, which was the best among the 40 largest U.S. banks. As the disclaimer goes, past performance is no guarantee of future results -- but there are a lot of reasons to believe that SVB will continue to be successful.