SVB FINANCIAL GROUP SIVB Income Statement

Svb financial group (SIVB)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Interest income:
Loans
1,587,590	1,599,165	1,581,223	1,539,330	1,455,551	1,358,480	1,259,529	1,175,621	1,095,520	1,025,788	962,682	908,464	863,554	834,155	802,857	763,623	725,588	693,147	669,547	647,846	628,274	610,945	596,132	582,527	566,632	542,204	519,520	501,279	483,429	469,146	449,737	429,984	409,515	389,830	374,259	353,282	335,374	319,540	313,265	316,797	0	0	0
Investment securities:
Taxable
596,519	568,851	548,671	541,090	543,845	541,605	521,067	488,435	446,807	412,133	380,584	354,609	345,690	346,937	352,271	356,412	354,422	344,646	333,483	319,414	298,225	271,371	237,533	207,597	188,830	180,162	175,936	170,825	170,240	171,863	170,433	171,297	171,442	165,449	150,885	143,903	136,537	127,422	123,055	107,474	0	0	0
Non-taxable
46,839	44,952	44,101	43,726	40,461	34,616	26,517	16,941	10,160	5,714	3,244	2,594	2,284	2,234	2,378	2,563	2,729	2,905	2,994	3,059	3,112	3,136	3,160	3,185	3,198	3,201	3,274	3,371	3,463	3,564	3,593	3,598	3,582	3,623	3,663	3,712	3,780	3,809	3,877	3,958	0	0	0
Federal funds sold, securities purchased under agreements to resell and other short-term investment securities
94,848	96,440	89,575	68,845	48,668	35,208	24,915	22,989	24,125	21,505	20,947	16,932	11,136	10,070	7,789	7,075	6,868	6,067	5,234	5,474	6,097	6,464	6,750	6,180	4,971	4,054	3,675	3,648	3,826	4,145	4,589	4,839	5,522	6,486	7,488	8,832	10,122	10,960	10,811	10,577	0	0	0
Total interest income
2,325,796	2,309,408	2,263,570	2,192,991	2,088,525	1,969,909	1,832,028	1,703,986	1,576,612	1,465,140	1,367,457	1,282,599	1,222,664	1,193,396	1,165,295	1,129,673	1,089,607	1,046,765	1,011,258	975,793	935,708	891,916	843,575	799,489	763,631	729,621	702,405	679,123	660,958	648,718	628,352	609,718	590,061	565,388	536,295	509,729	485,813	461,731	451,008	438,806	0	0	0
Interest expense:
Deposits
187,163	177,672	141,060	93,996	53,116	29,306	20,867	15,129	11,056	8,676	7,845	7,076	6,140	5,611	5,148	4,771	4,692	5,447	7,464	9,267	11,153	12,114	11,528	10,964	9,981	9,128	8,358	7,701	7,230	6,660	6,318	6,293	7,238	8,862	10,842	12,910	14,218	14,778	16,116	17,938	0	0	0
Borrowings
30,781	35,135	45,117	49,024	48,398	46,615	37,927	34,871	35,317	36,095	36,344	37,068	37,429	37,262	37,160	36,416	35,994	34,893	31,701	28,528	25,363	23,207	23,191	23,138	23,147	23,149	23,138	23,179	23,632	24,194	24,663	25,029	25,908	30,249	34,728	35,208	34,001	28,818	24,457	25,093	0	0	0
Total interest expense
217,944	212,807	186,177	143,020	101,514	75,921	58,794	50,000	46,373	44,771	44,189	44,144	43,569	42,873	42,308	41,187	40,686	40,340	39,165	37,795	36,516	35,321	34,719	34,102	33,128	32,277	31,496	30,880	30,862	30,854	30,981	31,322	33,146	39,111	45,570	48,118	48,219	43,596	40,573	43,031	0	0	0
Interest Income (Expense), Net
2,107,852	2,096,601	2,077,393	2,049,971	1,987,011	1,893,988	1,773,234	1,653,986	1,530,239	1,420,369	1,323,268	1,238,455	1,179,095	1,150,523	1,122,987	1,088,486	1,048,921	1,006,425	972,093	937,998	899,192	856,595	808,856	765,387	730,503	697,344	670,909	648,243	630,096	617,864	597,371	578,396	556,915	526,277	490,725	461,611	437,594	418,135	410,435	395,775	0	0	0
Provision for Loan, Lease, and Other Losses
321,345	106,416	102,677	83,315	88,449	87,870	96,468	102,816	89,542	92,304	86,516	82,998	103,938	106,679	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	124,518	97,629	106,803	90,010	65,444	59,486	47,721	41,749	58,374	63,693	0	0	0	-	37,561	31,542	23,677	6,101	34,850	45,052	52,326	44,628	15,664	26,086	0	0	0
Net interest income after provision for credit losses
1,786,507	1,990,185	1,974,716	1,966,656	1,898,562	1,806,118	1,676,766	1,551,170	1,440,697	1,328,065	1,236,752	1,155,457	1,075,157	1,043,844	1,003,447	955,547	926,215	910,742	865,290	847,988	833,748	797,109	761,135	723,638	672,129	633,651	620,872	602,056	594,482	573,534	559,810	546,854	533,238	520,176	477,365	438,049	406,758	373,507	373,281	348,199	0	0	0
Noninterest income:
Gain (Loss) on Investments
151,697	134,670	117,304	119,648	108,064	88,094	93,130	76,175	57,691	64,603	58,814	66,754	72,394	51,740	54,203	49,793	51,498	89,445	171,793	158,669	76,374	267,023	335,783	518,001	615,882	419,408	324,099	156,465	141,713	122,114	73,631	105,665	151,536	195,034	201,219	195,568	128,693	93,360	71,325	17,964	0	0	0
Gain (Loss) on Derivative Instruments, Net, Pretax
130,168	138,078	123,962	120,542	91,256	89,142	84,516	75,297	67,056	54,555	47,071	43,707	37,976	37,892	37,926	26,612	37,840	70,963	99,655	115,949	112,407	96,845	77,863	60,747	56,059	42,184	30,680	22,369	22,995	18,679	28,445	37,285	42,223	36,798	29,110	20,416	8,091	9,522	3,475	-629	0	0	0
Client investment fees
180,979	182,068	178,673	168,259	151,967	130,360	107,157	86,455	69,985	56,136	45,831	38,220	33,250	32,219	30,140	27,871	25,123	21,610	19,561	17,692	15,947	14,883	14,318	13,897	13,902	13,959	14,705	15,266	15,117	14,539	12,940	11,925	11,657	12,421	14,165	15,907	17,741	18,020	19,089	19,988	0	0	0
Foreign exchange fees
168,719	159,262	155,115	147,462	143,033	138,812	134,294	131,309	123,340	115,760	109,211	105,484	103,464	104,183	100,968	98,019	96,295	87,007	81,661	76,577	72,141	71,659	68,916	64,672	60,411	57,411	57,618	56,162	54,526	52,433	49,722	49,057	47,380	45,774	42,340	39,885	37,786	36,150	33,698	32,224	0	0	0
Credit card fees
119,540	118,719	111,764	105,727	99,863	94,072	89,009	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit card fees
-	-	-	-	-	-	-	-	-	-	75,078	73,103	70,428	-	65,042	61,283	60,074	56,657	51,193	47,566	43,600	41,792	40,656	37,935	35,295	32,461	29,869	28,029	26,589	24,809	24,239	22,397	20,592	18,741	16,519	15,152	13,815	12,685	11,153	10,971	0	0	0
Deposit service charges
92,850	89,200	85,512	82,618	79,337	76,097	71,750	66,670	62,439	58,715	56,428	55,276	53,827	52,524	51,516	50,432	48,619	46,683	44,902	42,756	41,066	39,937	38,690	37,466	36,762	35,948	35,189	34,656	34,118	33,421	32,828	32,718	32,187	31,208	32,600	31,665	31,561	31,669	29,189	28,455	0	0	0
Lending related fees
49,108	49,920	47,868	46,836	45,151	41,949	41,329	46,058	45,039	43,265	42,486	35,250	34,543	33,395	32,573	31,966	32,327	32,536	31,249	29,717	27,430	25,711	25,353	24,589	23,309	20,980	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Letters of credit and standby letters of credit fees
44,857	42,669	40,867	38,434	35,772	34,600	32,531	31,428	30,087	28,544	28,181	27,686	26,694	25,644	23,988	22,518	21,276	20,889	19,457	18,673	16,711	15,649	15,344	14,577	15,421	14,716	15,602	15,307	14,949	15,150	14,176	13,721	13,127	12,201	11,065	10,777	10,681	10,482	10,888	10,465	0	0	0
Investment banking revenue
192,249	195,177	137,005	98,489	49,795	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commissions
58,260	56,346	40,812	28,537	14,108	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
54,610	55,370	55,960	54,351	51,496	51,858	56,653	60,527	58,948	59,110	55,367	58,349	55,501	50,750	61,200	53,399	62,352	47,004	6,454	-9,984	-20,138	-1,260	26,392	48,914	47,786	36,139	21,546	17,808	22,838	36,363	37,011	26,696	24,044	21,230	34,119	42,392	39,843	35,642	31,156	32,574	0	0	0
Noninterest Income
1,243,037	1,221,479	1,094,842	1,010,903	869,842	744,984	710,543	659,251	595,090	557,231	518,467	503,829	488,077	456,552	457,556	421,893	435,404	472,794	525,925	497,615	385,538	572,239	643,315	820,798	904,827	673,206	561,181	372,670	354,857	335,546	281,917	308,389	351,671	382,332	381,137	371,762	288,211	247,530	209,973	152,012	0	0	0
Noninterest expense:
Compensation and benefits
1,007,259	989,734	898,855	860,452	799,235	726,980	700,188	658,014	625,032	606,402	589,272	572,577	539,184	514,270	498,221	470,998	480,333	473,841	457,257	447,844	422,749	409,486	398,745	395,682	380,604	366,801	353,873	336,266	331,909	326,942	323,898	321,645	321,148	313,043	299,142	284,303	264,408	248,606	227,808	212,585	0	0	0
Professional services
207,198	205,479	179,773	161,113	167,096	158,835	147,684	144,129	125,241	121,935	113,354	103,810	101,401	94,982	91,964	89,658	83,092	82,839	84,828	89,772	91,935	94,377	91,802	84,687	80,207	76,178	71,724	70,517	70,398	67,845	66,687	65,050	62,427	60,807	61,765	58,261	57,012	56,123	49,467	48,112	0	0	0
Premises and equipment
102,010	96,770	92,728	85,811	81,073	77,918	75,576	74,655	74,440	71,753	71,394	68,748	66,376	65,502	62,988	59,053	54,254	51,927	50,250	50,525	50,791	49,716	47,903	47,443	46,792	45,935	46,757	45,833	43,850	40,689	36,993	32,966	29,987	28,335	25,944	24,272	23,151	23,023	22,543	22,689	0	0	0
Net occupancy
71,577	69,279	63,871	60,584	57,185	54,753	53,558	52,524	50,362	48,397	46,446	43,311	41,544	39,928	39,583	38,606	37,396	34,674	31,577	30,466	29,997	30,004	29,914	28,375	26,490	24,937	23,329	23,097	22,680	22,536	22,128	21,429	20,597	19,624	19,073	19,237	19,340	19,378	18,666	18,378	0	0	0
Business development and travel
67,629	68,912	64,097	57,270	52,343	48,180	47,063	44,680	43,974	41,978	40,966	39,141	37,079	40,130	40,697	40,221	40,658	39,524	39,496	41,490	40,975	40,057	39,366	36,722	35,256	33,334	31,099	30,559	29,935	29,409	28,564	27,612	26,343	24,250	23,124	22,391	21,604	20,237	17,444	15,694	0	0	0
FDIC and state assessments
19,764	18,509	18,313	22,982	28,825	34,276	38,021	36,830	35,817	35,069	35,015	34,461	32,040	30,285	28,374	27,523	26,593	25,455	24,251	21,884	20,867	19,206	17,296	15,622	13,530	12,784	12,042	11,965	11,843	10,959	10,423	9,889	9,321	10,298	11,165	11,500	14,924	16,498	15,862	21,814	0	0	0
Correspondent bank fees
-	-	-	-	-	-	-	-	-	-	12,758	12,700	12,250	12,457	13,109	13,075	13,699	13,415	13,138	13,346	13,283	13,118	12,887	12,515	12,290	12,142	11,650	11,744	11,535	11,168	10,879	10,215	9,577	9,052	8,948	8,840	8,594	8,379	8,250	7,985	0	0	0
Provision for (Reduction of) unfunded credit commitments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,227	2,405	7,651	6,511	7,040	7,589	6,751	7,642	5,359	2,185	2,760	488	3,530	5,985	5,039	4,397	639	276	1,676	4,083	5,640	2,801	0	0	0
Other Noninterest Expense
159,746	152,579	130,465	118,011	102,683	87,251	92,296	88,708	87,018	85,121	72,621	70,090	63,657	62,243	60,478	59,215	59,558	58,287	53,451	52,749	49,065	44,705	38,574	35,655	34,718	35,491	40,046	38,360	38,090	35,962	34,557	35,148	30,766	30,822	28,995	26,435	27,954	26,491	24,068	24,531	0	0	0
Noninterest Expense
1,635,183	1,601,262	1,448,102	1,366,223	1,288,440	1,188,193	1,144,616	1,092,932	1,038,439	1,010,655	981,826	944,838	893,531	859,797	835,165	799,147	793,320	779,962	755,475	750,481	727,313	707,180	683,527	664,290	636,638	615,244	595,879	570,526	563,000	545,998	537,659	529,939	515,205	500,628	481,809	458,529	441,677	422,818	386,734	371,575	0	0	0
Income before income tax expense
1,394,361	1,610,402	1,621,456	1,611,336	1,479,964	1,362,909	1,242,693	1,117,489	997,348	874,641	773,393	714,448	669,703	640,599	625,838	578,293	568,299	603,574	635,740	595,122	491,973	662,168	720,923	880,146	940,318	691,613	586,174	404,200	386,339	363,082	304,068	325,304	369,704	401,880	376,693	351,282	253,292	198,219	196,520	128,636	0	0	0
Income tax expense
367,607	425,685	436,624	426,857	385,030	351,561	381,612	383,655	378,024	355,463	275,237	254,763	248,154	250,333	249,205	229,345	219,272	228,754	221,134	204,324	185,278	183,508	180,488	187,685	181,725	146,830	133,299	114,365	115,914	113,269	110,027	108,327	120,073	119,087	103,808	102,034	72,590	61,402	67,276	49,454	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
1,026,754	1,184,717	1,184,832	1,184,479	1,094,934	1,011,348	861,081	733,834	619,324	519,178	498,156	459,685	421,549	390,266	376,633	348,948	349,027	374,820	414,606	390,798	306,695	478,660	540,435	692,461	758,593	544,783	452,875	289,835	270,425	249,813	194,041	216,977	249,631	282,793	272,885	249,248	180,702	136,817	129,244	79,182	0	0	0
Net Income (Loss) Attributable to Noncontrolling Interest
43,008	47,861	44,568	36,679	27,323	37,508	36,295	35,245	35,340	28,672	25,394	24,462	16,555	7,581	5,902	7,565	14,465	30,916	100,224	94,172	45,259	214,790	277,134	425,516	494,017	330,266	245,358	107,650	89,221	74,710	33,785	61,439	75,946	110,891	119,070	95,217	71,301	41,866	27,617	4,004	0	0	0
Preferred stock dividends
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to SVBFG
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Preferred stock dividend and discount accretion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net Income (Loss) Available to Common Stockholders, Basic
980,377	1,136,856	1,140,264	1,147,800	1,067,611	973,840	824,786	698,589	583,984	490,506	472,762	435,223	404,994	382,685	370,731	341,383	334,562	343,904	314,382	296,626	261,436	263,870	263,301	266,945	264,576	214,517	207,517	182,185	181,204	175,103	160,256	155,538	173,685	171,902	153,815	154,031	109,401	94,951	98,072	68,078	0	0	0
Earnings Per Share, Basic
2.56	5.10	5.19	6.12	5.49	5.02	5.16	4.48	3.69	2.23	2.82	2.34	1.94	1.92	2.13	1.79	1.53	1.69	1.59	1.68	1.74	1.09	1.26	1.06	1.98	1.26	1.48	1.08	0.91	1.14	0.95	1.08	0.79	0.82	0.87	1.53	0.78	0.41	0.90	0.51	0.45	0.62	0.24
Earnings Per Share, Diluted
2.55	5.06	5.15	6.08	5.44	4.96	5.10	4.42	3.63	2.18	2.79	2.32	1.91	1.89	2.12	1.78	1.52	1.68	1.57	1.66	1.71	1.08	1.24	1.04	1.95	1.25	1.46	1.06	0.90	1.13	0.94	1.06	0.78	0.82	0.86	1.50	0.76	0.41	0.89	0.50	0.44	0.61	0.24