RTTNews | Jul 22, 2021 04:30PM EDT

16:29 Thursday, July 22, 2021 (RTTNews.com) - SVB Financial Group (SIVB) announced earnings for its second quarter that climbed from last year.

The company's earnings came in at $502 million, or $9.09 per share. This compares with $229 million, or $4.42 per share, in last year's second quarter.

Analysts had expected the company to earn $6.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

SVB Financial Group earnings at a glance:

-Earnings (Q2): $502 Mln. vs. $229 Mln. last year.-EPS (Q2): $9.09 vs. $4.42 last year.-Analysts Estimate: $6.50

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