SVB FINANCIAL GROUP
svb.comNo Longer Reporting
The company has not filed an annual or quarterly report since its FY2022 10-K, filed Feb 24, 2023. Its latest SEC filing is a 13F-HR from Nov 10, 2025.
10-K for FY2022, filed Feb 24, 2023
The sections below describe the company as of the FY2022 annual report.
What Did They Do?
Provides banking and investment services to technology, life science and premium-wine businesses, investment firms and private clients; also offers investment banking and fund management.
10-K for FY2022, filed Feb 24, 2023We offer commercial and private banking products and services through our principal subsidiary, Silicon Valley Bank (the “Bank”), which is…View ↗
Our products and services are provided by the Bank and its subsidiaries to clients primarily in the technology and life science/healthcare…View ↗
SVB Private is the private banking and wealth management division of the Bank and provides a broad array of financial solutions for private…View ↗
SVB Capital is the venture capital and credit investment arm of SVB Financial Group, which focuses primarily on funds management. SVB…View ↗
SVB Securities is an investment bank focused on the innovation economy and operates as a wholly-owned subsidiary of SVB Financial Group.…View ↗
We are one of the leading providers of financial services to premium wine producers across the western United States, primarily in…View ↗
How Did They Make Money?
Its main source is the spread between interest earned on loans and securities and interest paid on deposits and borrowings. It also earns fees from financial services, investment banking and sales and trading.
10-K for FY2022, filed Feb 24, 2023
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10-K for FY2022, filed Feb 24, 2023
FY2022 revenue by product or service ↗
$1.5B
-
10-K for FY2022, filed Feb 25, 2023
$1.5B ↗
| Segment | Share | Revenue |
|---|---|---|
|
Client investment fees
|
26%
FY2019: 21%
|
Client investment fees, FY2022
$386M Sources
|
|
Wealth management and trust fees
|
5.5%
FY2019: 0.0%
|
Wealth management and trust fees, FY2022
$83M Sources
|
|
Card interchange fees, gross
|
15%
FY2019: 18%
|
Card interchange fees, gross, FY2022
$227M Sources
|
|
Merchant service fees
|
1.7%
FY2019: 2.1%
|
Merchant service fees, FY2022
$26M Sources
|
|
Deposit service charges
|
8.4%
FY2019: 10%
|
Deposit service charges, FY2022
$126M Sources
|
|
Investment banking revenue
|
28%
FY2019: 22%
|
Investment banking revenue, FY2022
$420M Sources
|
|
Commissions
|
6.5%
FY2019: 6.4%
|
Commissions, FY2022
$98M Sources
|
|
Fund management fees
|
3.9%
FY2019: 3.8%
|
Fund management fees, FY2022
$59M Sources
|
|
Other
|
5.2% |
Other, FY2022
$78M Sources
|
Who Were Their Customers?
Commercial banking serves technology and life science companies, premium-wine businesses and investment firms; private banking serves individuals such as industry executives. The Bank and its subsidiaries provide these services.
10-K for FY2022, filed Feb 24, 2023Our products and services are provided by the Bank and its subsidiaries to clients primarily in the technology and life science/healthcare…View ↗
SVB Private is the private banking and wealth management division of the Bank and provides a broad array of financial solutions for private…View ↗
We offer commercial and private banking products and services through our principal subsidiary, Silicon Valley Bank (the “Bank”), which is…View ↗
We are one of the leading providers of financial services to premium wine producers across the western United States, primarily in…View ↗
Did Revenues Turn Into Profits?
Yes. Its net income in FY2022 was larger than its revenue and turned 176 cents into free cash flow.
How Were They Changing?
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Nov 8, 2024
Chapter 11 plan took effect and existing company shares were canceled
The company abandoned its equity in Silicon Valley Bank for no consideration; common equity holders received no distribution.
Sources
8-K, filed Nov 8, 2024
The Confirmed Plan provided that (unless otherwise agreed in writing by the UCC and the Required Ad Hoc Senior Noteholder Parties) the…View ↗
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Oct 1, 2024
Sold SVB Capital, its investment platform business
Pinegrove affiliates acquired the business for cash and other economic interests; MoffettNathanson remained with SVB Financial.
Sources
8-K, filed Oct 1, 2024
As previously reported, on May 2, 2024, SVB Financial Group (the “Company”) entered into a definitive purchase agreement (the “Purchase…View ↗
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Aug 23, 2024
Bankruptcy court confirmed the Chapter 11 reorganization plan
The plan provided for transferring certain company and subsidiary assets to a liquidating trust and canceling existing claims and interests.
Sources
8-K, filed Aug 23, 2024
On July 24, 2024, the Bankruptcy Court held a hearing on plan confirmation issues. On August 2, 2024, the Bankruptcy Court entered an order…View ↗
Grew. Revenue grew 2.9x in 4 years, from $511.7M in FY2018 to $1.5B in FY2022, about 31% a year.
Broader investment banking coverage
The investment bank's coverage expands from healthcare and life science companies to include technology companies.
10-K for FY2019, filed Feb 28, 2020 10-K for FY2022, filed Feb 24, 2023On January 4, 2019, we acquired Leerink Holdings LLC (now SVB Leerink Holdings LLC), the Boston-based parent company of healthcare and life…View ↗
SVB Securities is an investment bank focused on the innovation economy and operates as a wholly-owned subsidiary of SVB Financial Group.…View ↗
Expanded private banking clientele
Private banking adds high-net-worth clients acquired from Boston Private and premium wine clients, alongside the executives and investment professionals it served earlier.
10-K for FY2019, filed Feb 28, 2020 10-K for FY2022, filed Feb 24, 2023SVB Private Bank is the private banking division of the Bank, which provides a range of personal financial solutions for consumers. Our…View ↗
SVB Private is the private banking and wealth management division of the Bank and provides a broad array of financial solutions for private…View ↗
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