Prosperity Bancshares (PB) Misses Q2 Earnings & Revenues
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:00AM CDT
Prosperity Bancshares' (PB) results were lower-than-expected primarily due to a decline in revenues and escalated provisions. Lower deposits and margins, and increased net charge-offs were the downsides.
WABC: 46.83 (-0.21), SIVB: 98.00 (-2.42), ZION: 27.35 (-0.53), PB: 50.13 (-0.96)
Silicon Valley Bank's New Partnership with GENBAND Helps Fuel Growth
PR Newswire - Wed Jul 27, 8:00AM CDT
Silicon Valley Bank (SVB), the bank of the world's most innovative companies and their investors, announced it has entered into a corporate banking partnership with GENBAND(TM), a global leader in real-time communications solutions, to help support GENBAND's growth initiatives. In addition to providing domestic and international banking services, SVB acted as lead agent for a $50 million revolving credit facility to offer GENBAND additional working capital and enhanced financial flexibility.
SIVB: 98.00 (-2.42)
First Republic (FRC) Lags Q2 Earnings & Revenue Estimates
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 11:34AM CDT
First Republic's (FRC) sizeable growth in non-interest expenses is primarily responsible for the lower-than-expected results.
SIVB: 98.00 (-2.42), FRC: 71.03 (-0.64), BBCN: 15.37 (-0.21), ZION: 27.35 (-0.53)
Commerce Bancshares (CBSH) Q2 Earnings Beat, Costs Up
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 7:07AM CDT
Backed by growth in net interest income, Commerce Bancshares, Inc. (CBSH) reported a positive surprise of 2.9% in its second-quarter 2016 earnings release.
COF: 67.03 (-0.05), EFSC: 28.78 (+0.02), SIVB: 98.00 (-2.42), CBSH: 47.05 (-0.24)
SVB Financial Set to Possibly Pullback After Yesterday's Rally of 1.47%
Comtex SmarTrend(R) - Tue May 31, 4:06PM CDT
SVB Financial (NASDAQ:SIVB) traded in a range yesterday that spanned from a low of $108.83 to a high of $110.88. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $108.62 on volume of 318,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SIVB: 98.00 (-2.42)
Are These Banking Stocks Hot? - Umpqua Holdings, PacWest, SVB Financial, and CVB Financial
PR Newswire - Wed May 18, 8:01AM CDT
The Regional-Pacific Banks segment may not be the first place that comes to mind when thinking of banking stocks, but this industry actually presents some of the best trading opportunities in the market. Today's featured companies from ActiveWallSt.com are: Umpqua Holdings Corp. (NASDAQ: UMPQ), PacWest Bancorp (NASDAQ: PACW), SVB Financial Group (NASDAQ: SIVB), and CVB Financial Corp. (NASDAQ: CVBF). Access their trading alerts at:
UMPQ: 15.07 (-0.16), CVBF: 16.35 (-0.10), PACW: 40.59 (-0.76), SIVB: 98.00 (-2.42)
Look for Shares of SVB Financial to Potentially Rebound after Yesterday's 2.69% Sell Off
Comtex SmarTrend(R) - Fri May 13, 1:34PM CDT
SVB Financial (NASDAQ:SIVB) traded in a range yesterday that spanned from a low of $92.00 to a high of $96.57. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $94.24 on volume of 446,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SIVB: 98.00 (-2.42)
Prosperity Bancshares (PB) Q1 Earnings & Revenues Beat
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 7:50AM CDT
Prosperity Bancshares (PB) reported first quarter 2016 earnings per share of 98 cents, which beat the Zacks Consensus Estimate of 95 cents.
WABC: 46.83 (-0.21), SIVB: 98.00 (-2.42), ZION: 27.35 (-0.53), PB: 50.13 (-0.96)
SmarTrend Watching for Potential Rebound in Shares of SVB Financial After 6.85% Loss
Comtex SmarTrend(R) - Fri Apr 22, 1:16PM CDT
SVB Financial (NASDAQ:SIVB) traded in a range yesterday that spanned from a low of $101.00 to a high of $106.76. Yesterday, the shares fell 6.9%, which took the trading range below the 3-day low of $109.28 on volume of 1.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SIVB: 98.00 (-2.42)
SVB Financial Falls 6.85% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Fri Apr 22, 1:15PM CDT
SVB Financial (NASDAQ:SIVB) traded in a range yesterday that spanned from a low of $101.00 to a high of $106.76. Yesterday, the shares fell 6.9%, which took the trading range below the 3-day low of $109.28 on volume of 1.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SIVB: 98.00 (-2.42)
SVB Financial (SIVB) Earnings Lag, Costs & Provisions Rise
Zacks Equity Research - Zacks Investment Research - Fri Apr 22, 9:25AM CDT
SVB Financial (SIVB) reported first-quarter 2016 earnings per share of $1.52, widely missing the Zacks Consensus Estimate of $1.69.
BOFI: 16.09 (-0.73), BOH: 68.08 (-0.84), SIVB: 98.00 (-2.42), ZION: 27.35 (-0.53)
SVB misses Street 1Q forecasts
Automated Insights - Thu Apr 21, 4:02PM CDT
SANTA CLARA, Calif. (AP) _ SVB Financial Group (SIVB) on Thursday reported first-quarter net income of $79.2 million.
SIVB: 98.00 (-2.42)
SVB Financial Group Announces Availability Of Quarterly Financial Results
PR Newswire - Thu Apr 21, 3:26PM CDT
SVB Financial Group (NASDAQ: SIVB) has released its financial results for the quarter ended March 31, 2015. Please visit SVB's Investor Relations website at SVB.com to view the earnings release.
SIVB: 98.00 (-2.42)
SVB Financial Has Returned 23.6% Since SmarTrend Recommendation (SIVB)
Comtex SmarTrend(R) - Mon Apr 18, 1:52PM CDT
SmarTrend identified an Uptrend for SVB Financial (NASDAQ:SIVB) on February 26th, 2016 at $89.29. In approximately 2 months, SVB Financial has returned 23.64% as of today's recent price of $110.39.
SIVB: 98.00 (-2.42)
First Republic (FRC) Up on Q1 Earnings Beat, Dividend Up
Zacks Equity Research - Zacks Investment Research - Fri Apr 15, 8:00AM CDT
Shares of First Republic Bank (FRC) rallied around 3.5% after the company reported positive surprise of 10% in the first quarter of 2016. Notably, First Republic's earnings per share for the first quarter came in at 88 cents, beating the Zacks Consensus Estimate of 80 cents.
SIVB: 98.00 (-2.42), FRC: 71.03 (-0.64), BBCN: 15.37 (-0.21), ZION: 27.35 (-0.53)
Stock Market News for April 14, 2016
Zacks Equity Research - Zacks Investment Research - Thu Apr 14, 9:10AM CDT
Benchmarks finished in the green on Wednesday following a rally in financial stocks.
NYCB: 14.43 (-0.02), JPM: 63.80 (-0.17), PACW: 40.59 (-0.76), USB: 41.68 (-0.49), C: 43.42 (-0.39), SIVB: 98.00 (-2.42), MTB: 112.78 (-1.78), WFC: 47.81 (-0.16), MTG: 7.26 (+0.07), BRK.B: 143.93 (-0.34), CMA: 44.63 (-0.61)
SVB Financial Group Confirms Date And Time Of Quarterly Earnings Call
PR Newswire - Thu Apr 07, 3:01PM CDT
SVB Financial Group (NASDAQ: SIVB) will report its financial results for the quarter ended March 31, 2016, on Thursday, April 21, 2016, after the close of the stock market.
SIVB: 98.00 (-2.42)