|Bid||551.08 x 1000|
|Ask||614.54 x 800|
|Day's range||573.35 - 587.86|
|52-week range||185.89 - 595.90|
|Beta (5Y monthly)||2.07|
|PE ratio (TTM)||18.94|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||10 Feb 1992|
|1y target est||N/A|
Silicon Valley Bank (SVB), the bank of the world's most innovative companies and their investors, today announced the appointment of Christopher Hollins, formerly of JPMorgan Chase, as Head of Product Sales. In this role, he will lead SVB's Product Sales and Implementation teams, which provide foreign exchange, treasury and global payments solutions to SVB clients.
SVB Financial Group (SVB), parent company of Silicon Valley Bank, the bank of the world's most innovative companies and their investors, today announced a new University Scholarship Program, which will fund approximately 25 full-ride scholarships. SVB is providing $5 million in funding for four-year scholarships beginning this fall at Arizona State University, Florida A&M University, Tulane University and Xavier University of Louisiana as part of the company's university relations initiative to expand the pool of talent for its growing business.
SVB Financial Group ("SVB") (NASDAQ: SIVB) today announced the pricing of an underwritten offering of 1,000,000 depositary shares, each representing a 1/100th interest in a share of its Series C Non-Cumulative Perpetual Preferred Stock, liquidation amount $100,000 per share (equivalent to $1,000 per depositary share) at an aggregate offering price of $1 billion. SVB today also announced the pricing of an underwritten offering of $500 million in aggregate principal amount of its 2.100% Senior Notes due 2028 (the "Notes"). The Notes will be sold at 99.883% of the principal amount and will bear interest semi-annually. Both offerings are expected to close initially on May 13, 2021, subject to customary closing conditions. SVB intends to use the net proceeds of both offerings for general corporate purposes.