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SVB Financial Group (SIVB)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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207.52+7.26 (+3.63%)
As of 12:27PM EST. Market open.

SVB Financial Group

3003 Tasman Drive
Santa Clara, CA 95054-1191
United States
408 654 7400
https://www.svb.com

Sector(s)Financial Services
IndustryBanks—Regional
Full-time employees8,429

Key executives

NameTitlePayExercisedYear born
Mr. Gregory W. BeckerPres, CEO & Director4.06M19.06M1968
Mr. Daniel J. BeckChief Financial Officer2.1M1.83M1973
Mr. Philip C. CoxChief Operations Officer1.87M909.81k1967
Mr. Michael S. ZuckertGen. Counsel1.72M2.5M1959
Mr. Marc C. CadieuxChief Credit Officer1.67M1.6M1967
Mr. John D. ChinaPres of SVB Capital1.97M3.16M1966
Ms. Karen HonChief Accounting OfficerN/AN/A1978
Ms. Meghan O'LearyHead of Investor RelationsN/AN/AN/A
Ms. Michelle A. DraperChief Marketing & Strategy OfficerN/AN/A1968
Ms. Laura K. CushingChief HR OfficerN/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

SVB Financial Group, a diversified financial services company, offers various banking and financial products and services. It operates through four segments: Global Commercial Bank, SVB Private Bank, SVB Capital, and SVB Securities. The Global Commercial Bank segment provides commercial banking products and services, including credit, treasury management, foreign exchange, trade finance, and other financial products and services. This segment also offers traditional term and equipment loans, asset-based loans, revolving lines of credit, warehouse facilities, recurring revenue and acquisition finance facilities, mezzanine lending, corporate working capital facilities, and credit card programs; treasury management products and services; business and analysis checking, money market, multi-currency, in-country bank, and sweep accounts; receivables services, which include merchant services, remote capture, lockbox, and fraud control services; wire transfer and automated clearing house payment services; business bill pay, credit and debit cards, account analysis, and disbursement services. In addition, it offers foreign exchange and trade finance products and services; letters of credit; and investment services and solutions. The SVB Private Bank segment offers mortgages, home equity lines of credit, restricted and private stock loans, capital call lines of credit, and other secured and unsecured lending products; planning-based financial strategies, wealth management, family office, financial planning, tax planning, and trust services; and real estate secured loans. The SVB Capital segment provides venture capital investment services. The SVB Securities segment provides investment banking services; products and services, including capital raising, merger and acquisition advisory, equity research, and sales and trading. It operates through 56 offices in the United States and internationally. The company was founded in 1983 and is headquartered in Santa Clara, California.

Corporate governance

SVB Financial Group’s ISS governance QualityScore as of 1 December 2022 is 1. The pillar scores are Audit: 3; Board: 4; Shareholder rights: 3; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.