SVB Announces Availability of Financial Results

Rhea-AI Summary

SVB (NASDAQ: SIVB) announced its financial results for Q1 2022, concluding on March 31. The company, a key player in the innovation economy, focuses on supporting individuals and innovative businesses. It operates several units, including Silicon Valley Bank and SVB Capital. A conference call discussing the results is scheduled for today at 3:00 PM PT. For more details, the earnings release and CEO letter are available on SVB's Investor Relations website.

Positive

• SVB is a leader in the innovation economy, supporting fast-growing businesses.
• The company operates multiple business units to cater to diverse financial needs.

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• None.

SANTA CLARA, Calif., April 21, 2022 /PRNewswire/ -- SVB (NASDAQ: SIVB), the financial partner for the innovation economy, released its financial results for the quarter ended March 31, 2022.  Please visit SVB's Investor Relations website at http://ir.svb.com to view the earnings release, presentation, and CEO letter.

Conference call:  The Company will host a conference call at 3:00 p.m. Pacific Time today to discuss the results.

Dial-in information: 1 (888) 330-3016 or 1 (646) 960-0828, Confirmation 5682116

Audio webcast:  A live audio webcast of the call can be accessed via SVB's investor relations website at http://ir.svb.com.

Replay:  An audio replay of the call will be available at http://ir.svb.com for 12 months beginning April 21, 2022.

About SVB
SVB is the financial partner of the innovation economy, helping individuals, investors and the world's most innovative companies achieve their ambitious goals. SVB's businesses - Silicon Valley Bank, SVB Capital, SVB Private and SVB Securities - together offer the services that dynamic and fast-growing clients require as they grow, including commercial banking, venture investing, wealth planning and investment banking. Headquartered in Santa Clara, California, SVB operates in centers of innovation around the world. Learn more at svb.com/global.

SVB Financial Group (SVB) (Nasdaq: SIVB) is the holding company for all business units and groups. © 2022 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, SVB SECURITIES, SVB PRIVATE, SVB CAPITAL and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group. [SIVB-F]

View original content:https://www.prnewswire.com/news-releases/svb-announces-availability-of-financial-results-301530607.html

SOURCE SVB Financial Group

FAQ

What were SVB's financial results for Q1 2022?

SVB announced its financial results for the first quarter of 2022, which ended on March 31.

When is the SVB conference call for financial results?

The conference call will take place today at 3:00 PM Pacific Time.

How can I access SVB's Q1 2022 earnings release?

You can visit SVB's Investor Relations website to view the Q1 2022 earnings release and other related documents.

What services does SVB offer as a financial partner?

SVB provides commercial banking, venture investing, wealth planning, and investment banking services.

What is the significance of SVB's role in the innovation economy?

SVB plays a crucial role in helping innovative companies achieve their goals and scale their operations.