SVB Financial Group (SV4.F)
| Previous close | 37.00 |
| Open | 80.97 |
| Bid | 0.00 x 8000 |
| Ask | 0.00 x 8000 |
| Day's range | 33.47 - 82.67 |
| 52-week range | 33.47 - 308.70 |
| Volume | |
| Avg. volume | 0 |
| Market cap | 2.19B |
| Beta (5Y monthly) | 1.08 |
| PE ratio (TTM) | 1.56 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- PR Newswire
SVB Financial Group Enters into Definitive Agreement for the Sale of SVB Capital
SVB Financial Group (Pink Sheets: SIVBQ) today announced that it has entered into a definitive agreement under which a newly created entity affiliated with Pinegrove Capital Partners ("Pinegrove") and backed by permanent capital from Brookfield Asset Management ("Brookfield") and Sequoia Heritage, will acquire the Company's investment platform business, SVB Capital. Under the terms of the agreement, SVB Capital would be acquired for a combination of cash and other economic consideration.
- PR Newswire
SVB Capital Announces SVB Financial Group Will Retain Ownership of the Business and Creates New Operating Committee
SVB Capital Management, LLC ("SVB Capital"), a wholly-owned indirect subsidiary of SVB Financial Group (Pink Sheets: SIVBQ), today announced that, following a review of strategic alternatives, SVB Financial Group and its creditors have determined that retaining the SVB Capital business would result in superior value creation opportunities. In connection with mapping its go-forward strategy, SVB Capital has created a new operating committee that will oversee all aspects of the business' strategic
- PR Newswire
SVB Financial Group Completes Sale of Investment Banking Business to Management Team Group
SVB Financial Group (Pink Sheets: SIVBQ) today announced that it has completed the sale of its investment banking business, SVB Securities LLC (now named Leerink Partners LLC), to the management team bidder group led by Jeff Leerink, Leerink Partners' Chief Executive Officer and Founder, and backed by funds managed by The Baupost Group L.L.C.
