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SVB Financial Group (SIVB) announced earnings for its first quarter that increased from the same period last year.


RTTNews | Apr 22, 2021 04:24PM EDT

16:24 Thursday, April 22, 2021 (RTTNews.com) - SVB Financial Group (SIVB) announced earnings for its first quarter that increased from the same period last year.

The company's bottom line totaled $532.2 million, or $10.03 per share. This compares with $132.3 million, or $2.55 per share, in last year's first quarter.

Analysts had expected the company to earn $6.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

SVB Financial Group earnings at a glance:

-Earnings (Q1): $532.2 Mln. vs. $132.3 Mln. last year.-EPS (Q1): $10.03 vs. $2.55 last year.-Analysts Estimate: $6.47

Read the original article on RTTNews ( https://www.rttnews.com/3187448/svb-financial-group-bottom-line-advances-in-q1.aspx)

For comments and feedback: contact editorial@rttnews.com

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