SVB Financial Group (SIVB) Announces Proposed Offerings of Common Stock and Mandatory Convertible Preferred Stock

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Goldman Sachs Terminates Coverage on SVB Financial Group (SIVB)

March 10, 2023 1:37 PM EST

Goldman Sachs Terminates Coverage on SVB Financial Group (NASDAQ: SIVB)

Analyst Ryan Nash comments "Effective immediately, we are dropping coverage on SVB Financial Group."

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Stifel Lays Out Biotech Names Exposure to SVB Financial Group (SIVB)

March 10, 2023 1:12 PM EST

Stifel analyst Dae Gon Ha comments "Repercussions of the SVB fallout is dominating headlines and naturally, the majority of our covered companies being unprofitable, pre-commercial companies, stocks under our coverage universe are down sharply today. We have reached out to the respective management teams and are reassured that the impact could be, at least for now, less catastrophic. Of course,... More

Morgan Stanley Cutting Estimates 'by 25%/27%' on Underweight Rated SVB Financial (SIVB)

March 9, 2023 12:16 PM EST

Morgan Stanley analyst Manan Gosalia reiterated an Underweight rating and $190.00 price target on SVB Financial (NASDAQ: SIVB).

The analyst comments "Cutting our EPS estimates for 2023/2024 by 25%/27% to $11.95/$18.60 on weaker NIM as funding costs ramp higher. We are reducing our 2023 EPS estimate by 25% to $11.95 from $16.02, driven by lower NII and higher share... More

SVB Financial Group (SIVB) Stock Offering is Said Expected to Trade March 10 - Bloomberg

March 9, 2023 8:33 AM EST

SVB Financial Group (NASDAQ: SIVB) Stock Offering is Said Expected to Trade March 10 - Bloomberg

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SVB Financial Group (SIVB) sells available for sale securities portfolio at $1.8 billion loss

March 8, 2023 5:09 PM EST

With its equity offering news, SVB Financial Group (NASDAQ: SIVB) said earlier today, it completed the sale of substantially of its available for sale securities portfolio. SVB sold approximately $21 billion of securities, which will result in an after tax loss of approximately $1.8 billion... More