SVB stock drop was a signal to remove deposits

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caustic

Vitals Metrics why there was SVB stock drop

Vitals Metrics why there was SVB stock drop

Silicon Valley bank seems to focus on healthy startups from venture capitalists in the hotbed of the San Francisco area. Stop SVB stock was halted on March 14, 2023, due to what was becoming the first of a few bank collapses. It all started when venture capitalists forewarned their clientele on March 13, 2023. This was after a few days when the Federal Reserve Penn downstate continued raising their interest rates, resulting in a bank run.

The company is operating but is now up for sale as of today. There were also concerns that the Federal Deposit Insurance Corporation would only insure accounts of up to $250,000. It was later announced that all deposits would be covered. This was done in near real-time as the government had to respond fairly quickly to prevent a financial meltdown later in the week. They responded by closing down a New York-based Bing called Signature Bank through

rets20=-0.7782736722670986

rets50=-0.36060320917247213

rets200=-0.9133147602027414

aroonup=0.0

aroondown=100.0

volatity=0.7558058534146023

 You can see how fast the stock price declined due to the bank run last weekend

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Rating

SymbolDateRatingRating scoreRating recommendationRatingdetailsdcfscoreRatingdetailsdcfrecommendationRatingdetailsroescoreRatingdetailsroerecommendationRatingdetailsroascoreRatingdetailsroarecommendationRatingdetailsdescoreRatingdetailsderecommendationRatingdetailspescoreRatingdetailsperecommendationRatingdetailspbscoreRatingdetailspbrecommendation
SIVB2023-03-14A+5Strong Buy5Strong Buy3Neutral3Neutral5Strong Buy5Strong Buy4Buy

ESG Rating

SymbolCikCompany nameIndustryYearEsgriskratingIndustry rank
SIVB0000719739SVB FINANCIAL GROUPSTATE COMMERCIAL BANKS2022B+20 out of 245
SIVB0000719739SVB FINANCIAL GROUPSTATE COMMERCIAL BANKS2021B+21 out of 252
SIVB0000719739SVB FINANCIAL GROUPSTATE COMMERCIAL BANKS2020B+54 out of 246

ESG Sector Benchmark

YearSectorEnvironmental scoreSocial scoreGovernancescoreEsgscore
2022NATURAL GAS TRANSMISSION69.4164.063.2165.54
2022SHIP & BOAT BUILDING & REPAIRING57.462.6266.1662.06
2022CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS)71.1868.6368.0569.29
2022SURGICAL & MEDICAL INSTRUMENTS & APPARATUS58.6363.2865.3662.42
2022COOKIES & CRACKERS65.3858.3162.4862.06

ESG Sector Data

SymbolCikCompany nameForm typeAccepted dateDateEnvironmental scoreSocial scoreGovernancescoreEsgscoreUrl
SIVB0000719739SVB FINANCIAL GROUP10-Q2022-11-07 06:54:522022-09-3080.4473.1571.9775.19https://www.sec.gov/Archives/edgar/data/719739/000071973922000081/0000719739-22-000081-index.htm
SIVB0000719739SVB FINANCIAL GROUP10-Q2022-08-08 07:19:202022-06-3078.0171.9972.3774.12https://www.sec.gov/Archives/edgar/data/719739/000071973922000055/0000719739-22-000055-index.htm
SIVB0000719739SVB FINANCIAL GROUP10-Q2022-05-06 16:19:362022-03-3173.8371.8470.9472.2Source link
SIVB0000719739SVB FINANCIAL GROUP10-K2022-03-01 07:13:072021-12-3155.2365.8167.5362.86https://www.sec.gov/Archives/edgar/data/719739/000071973922000023/0000719739-22-000023-index.htm
SIVB0000719739SVB FINANCIAL GROUP10-Q2021-11-05 20:15:052021-09-3082.572.5474.3976.48https://www.sec.gov/Archives/edgar/data/719739/000071973921000071/0000719739-21-000071-index.htm

Upgrade Downgrades Consensus

SymbolStrongbuyBuyHoldSellStrong sellConsensus
SIVB018600Buy

Stock Dividend Calendar

DateLabelAdjdividendSymbolDividendRecord datePayment dateDeclaration date
2020-09-11September 11, 200.438TDJ0.438NoneNoneNone
2020-09-11September 11, 200.288VIOG0.2882020-09-142020-09-162020-09-09
2020-09-11September 11, 200.01GRR.AX0.01NoneNoneNone

Profile

SymbolPriceLastdivBetaCompany nameDescriptionCountry
SIVB106.040.0279171.569273SVB Financial GroupSVB 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 offers 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.US

Marketcap

This bank is extensive, with over 6 billion in assets and a market cap size.

SymbolDateMarketcap
SIVB2023-03-096,277,663,436

Stock Peers

SymbolPeerslist
SIVB[‘FITB’, ‘HBANN’, ‘TROW’, ‘NDAQ’, ‘IBKR’, ‘WLTW’, ‘NTRS’, ‘CINF’, ‘PFG’, ‘ACGL’]

Stock News

SymbolPublished DateTitleImageSiteTextUrl
SIVB2023-03-15 18:18:35Rajan on the Contagion Risk from Credit Suisse, SVBhttps://cdn.snapi.dev/images/v1/m/q/rajan-on-the-contagion-risk-from-credit-suisse-svb-1799177.jpgBloomberg Markets and FinanceRaghuram Rajan, a former governor of India’s central bank, discusses the problems facing Credit Suisse and Silicon Valley Bank..https://www.youtube.com/watch?v=yASGOg18sEQ
SIVB2023-03-15 18:06:00How Goldman’s Plan to Shore Up SVB Crumbledhttps://cdn.snapi.dev/images/v1/n/m/social-1799166.jpgWSJThe plan had a fatal flaw: It underestimated the danger that a deluge of bad news could spark a crisis of confidence.https://www.wsj.com/articles/how-goldmans-plan-to-shore-up-silicon-valley-bank-crumbled-96bb44bb
SIVB2023-03-15 18:05:36Bank of America: The Bank Panic’s Big Winnerhttps://cdn.snapi.dev/images/v1/b/r/bank35-1799158.jpgGuruFocusThe collapse of Silicon Valley Bank ( SIVB, Financial) revealed a weakness in the financial system that most investors had previously paid little attention to.https://www.gurufocus.com/news/1964519/bank-of-america-the-bank-panics-big-winner

Grade

SymbolDateGrading CompanyPrevious gradeNewgrange
SIVB2023-02-03Raymond JamesOutperformOutperform
SIVB2023-01-23Trust SecuritiesBuyBuy
SIVB2023-01-23Maxim GroupBuyBuy
SIVB2023-01-20Raymond JamesOutperformOutperform
SIVB2023-01-03BarclaysEqual-WeightEqual-Weight

Earning Surprises

DateSymbolActualearningresultEstimated earning
2023-01-19SIVB4.625.27
2022-10-20SIVB7.216.95
2022-07-21SIVB5.67.69
2022-04-21SIVB7.925.66
2022-01-20SIVB6.226.51

Analyst Estimates

SymbolDateEstimatedrevenueavgEstimatedebitdaavgEstimatedebitavgEstimatednetincomeavgEstimatedsgaexpenseavgEstimatedepsavgNumberanalystestimatedrevenueNumberanalystsestimatedeps
SIVB2023-12-316231443688258220803101622799299166545229222.3351515
SIVB2022-12-315513300398227060142401432742057151404753919.791616
SIVB2021-12-315118782570198141618701310321019160737854618.12020
SIVB2020-12-31409467179613610546570871374748112098707512.31313
SIVB2019-12-31299428896616451590400100480620298429941517.371212

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