(VIANEWS) - Shares of SVB Financial Group (NASDAQ: SIVB) jumped 9.71% to $343.82 at 10:46 EST on Thursday, after two successive sessions in a row of gains. NASDAQ is rising 1.95% to $12,046.50, after two consecutive sessions in a row of gains. This seems, up to now, an all-around positive trend exchanging session today.
SVB Financial Group's last close was $313.38, 52.41% under its 52-week high of $658.47.
About SVB Financial Group
SVB Financial Group, a diversified financial services company, offers various banking and financial products and services. It operates through four segments: Global Commercial Bank, SVB Private Bank, SVB Capital, and SVB Securities. The Global Commercial Bank segment provides commercial banking products and services, including credit, treasury management, foreign exchange, trade finance, and other financial products and services. This segment also offers traditional term and equipment loans, asset-based loans, revolving lines of credit, warehouse facilities, recurring revenue and acquisition finance facilities, mezzanine lending, corporate working capital facilities, and credit card programs; treasury management products and services; business and analysis checking, money market, multi-currency, in-country bank, and sweep accounts; receivables services, which include merchant services, remote capture, lockbox, and fraud control services; wire transfer and automated clearing house payment services; business bill pay, credit and debit cards, account analysis, and disbursement services. In addition, it offers foreign exchange and trade finance products and services; letters of credit; and investment services and solutions. The SVB Private Bank segment offers mortgages, home equity lines of credit, restricted and private stock loans, capital call lines of credit, and other secured and unsecured lending products; planning-based financial strategies, wealth management, family office, financial planning, tax planning, and trust services; and real estate secured loans. The SVB Capital segment provides venture capital investment services. The SVB Securities segment provides investment banking services; products and services, including capital raising, merger and acquisition advisory, equity research, and sales and trading. It operates through 56 offices in the United States and internationally. The company was founded in 1983 and is headquartered in Santa Clara, California.
Earnings Per Share
As for profitability, SVB Financial Group has a trailing twelve months EPS of $30.38.
PE Ratio
SVB Financial Group has a trailing twelve months price to earnings ratio of 11.32. Meaning, the purchaser of the share is investing $11.32 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 11.23%.Volume
Today's last reported volume for SVB Financial Group is 864223 which is 17.56% below its average volume of 1048380.
Moving Average
SVB Financial Group's worth is way higher than its 50-day moving average of $236.27 and below its 200-day moving average of $358.52.Revenue Growth
Year-on-year quarterly revenue growth declined by 1.2%, now sitting on 5.83B for the twelve trailing months.
Yearly Top and Bottom Value
SVB Financial Group's stock is valued at $343.82 at 10:46 EST, way under its 52-week high of $658.47 and way higher than its 52-week low of $198.10.
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