SVB Financial Group (SIVB) Tops Q2 EPS by $2.59
Get Alerts SIVB Hot Sheet
EPS Growth %: -100.0%
Financial Fact:
Foreign exchange fees: 25.94M
Today's EPS Names:
CP, RUSHA, SEIC, More
Join SI Premium – FREE
SVB Financial Group (NASDAQ: SIVB) reported Q2 EPS of $9.09, $2.59 better than the analyst estimate of $6.50.
"Thriving markets for our clients, an improving economy, and effective execution contributed to another quarter of exceptional performance and profitability," said Greg Becker, President and CEO of SVB Financial Group. "Our excellent results and improved full year growth outlook underscore the importance of our continued focus on the innovation economy, and further validate our ongoing investments in employee enablement, client experience, and infrastructure enhancement to drive and support our growth. In addition, we are investing opportunistically, as we said we would in expanding our capabilities through private banking, wealth management, and investment banking, to meet the full range of our clients’ needs. The innovation economy offers tremendous opportunities for growth and we are focused on making the right decisions and investments now to benefit from that growth over the long-term."
For earnings history and earnings-related data on SVB Financial Group (SIVB) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Amphenol (APH) Tops Q1 EPS by 7c, offers guidance
- Pervasip Corp. (PVSP) Reports Q1 EPS of $0.00
- Amphenol (APH) Reports Q1, Announces $2B Share Buyback
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!