LOGO
LOGO

SVB Financial Group Profit Rises In Q2

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

SVB Financial Group (SIVB) announced earnings for its second quarter that climbed from last year.

The company's earnings came in at $502 million, or $9.09 per share. This compares with $229 million, or $4.42 per share, in last year's second quarter.

Analysts had expected the company to earn $6.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

SVB Financial Group earnings at a glance:

-Earnings (Q2): $502 Mln. vs. $229 Mln. last year.
-EPS (Q2): $9.09 vs. $4.42 last year.
-Analysts Estimate: $6.50

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

Latest Updates on COVID-19