Silicon Valley Bank (SVB) Revenue and Financial Statistics (2024)

Key Silicon Valley Bank user stats. Includes data on market cap, valuation, revenue, profit, and more.
Silicon Valley Bank (SVB) Revenue and Financial Statistics (2024)
Last updated on:
December 29, 2023
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Silicon Valley Bank (SVB) key statistics

  • As of March 2023, before the crash, Silicon Valley Bank's market cap was $15.86 billion.
  • As of 2022, Silicon Valley Bank's (SVB) Valuation was $34.20 billion.
  • SVB revenue in 2022 was $7.401 billion.
  • SVB's profit for 2022 was $1.509 billion.
  • SVB's gross profit for 2022 was $6.213 billion
  • As of 2022, SVB has provided its customers with loans amounting to a staggering $74.3 billion
  • As of 2022, Silicon Valley Bank customers held a total of $341.5 billion in deposits.
  • As of 2022, Silicon Valley Bank had a headcount of approximately 8,553 employees.

Silicon Valley Bank (SVB) Overview (About Company)

Key StatKey Info
Year Founded1983
IndustryBanking/Financial services
Type of BusinessPublic
HeadquartersSanta Clara, California, U.S.A
Revenue$7.401 billion
Net income$1.509 billion
FoundersBill Biggerstaff and Robert Medearis
Key peopleGreg Becker- CEO, Roger F. Dunbar- Chairman, Michael R. Descheneaux- President
Number of employees8,553 employees

Silicon Valley Bank (SVB) at a glance

Silicon Valley Bank (SVB) is a financial institution that provides banking, investment, and other financial services to technology science companies, as well as venture capitalists and private equity firms.

Headquartered in Santa Clara, California, SVB has been a prominent player in Silicon Valley since its establishment in 1983.

Silicon Valley Bank's 2022 financial report indicates that it achieved revenues of $7.401 billion, profits of $1.509 billion, and had a workforce of 8,553 employees.

Silicon Valley Bank (SVB) Loans to Customers

As of 2022, Silicon Valley Bank (SVB) has provided its customers with loans amounting to a staggering $74.3 billion.

Graph representing SVB's loans to customers across the years
2022$74.3 billion
2021$66.3 billion
2020$45.2 billion
2019$33.2 billion
2018$23.1 billion

Source: SVB

What is Silicon Valley Bank (SVB) customers’ total deposit?

As of 2022, Silicon Valley Bank (SVB) users held a total of $341.5 billion in deposits.

Graph representing SVB's customers total deposits across the years
2022$341.5 billion
2021$399.3 billion
2020$243 billion
2019$161 billion
2018$104.6 billion

Source: SVB

Silicon Valley Bank Market Cap

As of March 2023, Silicon Valley Bank's market capitalization stands at $15.86 billion.

YearMarket Cap.
2023$15.86 billion
2022$13.58 billion
2021$31.08 billion
2020$22.84 billion
2019$12.91 billion
2018$10.08 billion
2017$12.29 billion
2016$8.91 billion
2015$6.25 billion
2014$5.87 billion
2013$4.78 billion
2012$2.70 billion
2011$2.05 billion
2010$2.22 billion

Source: Macrotrends

Silicon Valley Bank (SVB) Valuation

As of 2022, Silicon Valley Bank's (SVB) Valuation was $34.20 billion.

Graph representing SVB's valuation across years
2022$34.20 billion
2021$44.11 billion
2020$21.12 billion
2019$13.49 billion
2018$12.82 billion
2017$13.02 billion
2016$9.58 billion
2015$6.72 billion
2014$6.32 billion
2013$5.10 billion

Source: Morning Star

Silicon Valley Bank Revenue

SVB revenue as of 2022 was $7.401 billion.

Graph representing SVB's revenue across the years
2022$7.401 billion
2021$6.027 billion
2020$4.082 billion
2019$3.531 billion
2018$2.715 billion
2017$2.022 billion
2016$1.650 billion
2015$1.520 billion
2014$1.464 billion
2013$1.403 billion
2012$984 million
2011$948 million
2010$709 million
2009$529 million

Source: Macrotrends

SVB: Profit

SVB's net income for 2022 was $1.509 billion.

Graph representing SVB's profit across the years
YearNet Income
2022$1.509 billion
2021$1.770 billion
2020$1.191 billion
2019$1.137 billion
2018$974 million
2017$491 million
2016$383 million
2015$344 million
2014$264 million
2013$215 million
2012$175 million
2011$172 million
2010$95 million

Source: Source: Macrotrends

Silicon Valley Bank Gross Profit

SVB's gross profit for 2022 was $6.213 billion

YearGross Profit
2022$6.213 billion
2021$5.917 billion
2020$3.997 billion
2019$3.318 billion
2018$2.639 billion
2017$1.978 billion
2016$1.607 billion
2015$1.479 billion
2014$1.429 billion
2013$1.371 billion
2012$953 million
2011$909 million
2010$666 million
2009$480 million

Source: Source: Macrotrends

Silicon Valley Bank (SVB) Funding

Silicon Valley Bank has successfully raised a total of $323 million across 3 funds.

The latest fund, known as Silicon Valley Bank III, has enabled the bank to continue its mission of supporting innovative startups and entrepreneurs with the capital they need to succeed.

With this new round of funding, Silicon Valley Bank has further cemented its position as a key player in the venture capital landscape and is poised to help drive the growth of the tech industry for years to come.

Announced DateFund NameMoney Raised
May 1, 2016Silicon Valley Bank III
Mar 5, 2013Strategic Investors Fund VI$323 million
Jun 1, 2012SVB Capital Strategic Investors Fund V

Source: CrunchBase

Silicon Valley Bank (SVB) Investors

Silicon Valley Bank is one of the most active venture capital firms in the world, with a total of 836 investments. Their investments span a wide range of industries, including technology, healthcare, and consumer goods.

The bank has been particularly active in funding early-stage startups but has also made significant investments in more established companies.

In terms of their most recent investment, Silicon Valley Bank contributed to a $95 million funding round for Socure, a provider of digital identity verification solutions. This investment is part of a larger trend in the financial industry, as more and more companies seek to improve their security and compliance measures in light of increasing regulatory scrutiny.

Announced DateOrganization NameFunding RoundMoney Raised
March 8, 2023SocureDebt Financing - Socure$95 million
Feb 9, 2023ArrcusSeries D - Arrcus$50 million
Feb 1, 2023InfluxDataDebt Financing - InfluxData$30 million
Feb 1, 2023NadaDebt Financing - Nada$2 million
Jan 25, 2023Miach OrthopaedicsDebt Financing - Miach Orthopaedics$10 million
Jan 18, 2023CloudianVenture Round - Cloudian$60 million
Jan 13, 2023Flux PowerPost-IPO Debt - Flux Power$14 million
Jan 10, 2023PaytientDebt Financing - Paytient$7.5 million
Dec 21, 2022Aspen NeuroscienceDebt Financing - Aspen Neuroscience$40 million
Dec 21, 2022Evolv TechnologyPost-IPO Debt - Evolv Technology$75 million

Source: Crunchbase

Silicon Valley Bank (SVB) Acquisitions

Silicon Valley Bank is a financial institution that has been active in the mergers and acquisitions market. They have acquired a total of 4 organizations to date, with their most recent acquisition being Forum Capital Group on Nov 10, 2022.

The bank's acquisitions are part of its strategy to expand its market reach and enhance its services. Each acquisition has brought unique capabilities and expertise to the bank, which has enabled them to provide more personalized and customized services to its clients.

The acquisition of Forum Capital Group is a significant milestone for the bank. The acquisition will enable the bank to expand its portfolio of services and enhance its capabilities in the areas of wealth management and financial planning. It will also provide the bank with access to a new set of clients and markets, which will enable them to diversify their revenue streams and grow their business.

Acquiree NameAnnounced DatePriceTransaction Name
Forum Capital GroupNov 10, 2022Forum Capital Group acquired by Silicon Valley Bank
Boston Private Financial HoldingsJan 4, 2021$900 millionBoston Private Financial Holdings acquired by Silicon Valley Bank
Leerink PartnersNov 13, 2018$280 millionLeerink Partners acquired by Silicon Valley Bank
Standard TreasuryAug 6, 2015Standard Treasury acquired by Silicon Valley Bank

Source: CrunchBase

Who owns Silicon Valley Bank? (Who founded SVB)

Silicon Valley Bank, commonly referred to as SVB, is a financial institution that was founded in 1982 by Bill Biggerstaff and Robert Medearis after a poker game. The bank opened its first office in 1983 on North First Street in San Jose and later opened a Palo Alto office in 1985. Since then, the bank has seen significant growth.

Currently, the bank is mostly owned by institutional investors who hold majority ownership of SVB, controlling 99.06% of the outstanding shares. This is an important note, as this figure is higher than the interest held by almost any other company in the Regional Banks industry.

Greg Becker has been an integral part of the bank's success. He joined SVB in 1993 as a banker for fast-growing technology companies and has since become the president and CEO of the world's only financial institution dedicated to the innovation sector around the globe.

Source: SVB 1, SVB 2, CNN

How many people work at Silicon Valley Bank (SVB)?

As of the end of 2022, Silicon Valley Bank had a workforce of approximately 8,553 employees.

Graph representing SVB's head count
YearHeadcounts of SVB Employees
20228,553 employees
20216,567 employees
20204,461 employees
20193,564 employees
20182,900 employees
20172,438 employees
20162,311 employees
20152,089 employees
20141,914 employees
20131,704 employees
20121,615 employees
20111,526 employees
20101,357 employees
20091,258 employees

Racial diversity at Silicon Valley Bank employees in the United States

As of December 2021, Silicon Valley Bank had a total workforce composition that consisted of 52 percent white employees.

The largest racial minority group in the total workforce was Asian, followed by Hispanic or Latino, and Black or African American. Racial diversity was much lower in the senior leadership group, where 64% of the employees were white.

Board of DirectorsSenior LeadershipTotal Workforce
Black/African American9%3%5%
Not Disclosed-8%7%

Source: Statista

How many office locations does Silicon Valley Bank (SVB) have?

Silicon Valley Bank (SVB) is a global financial services company that provides commercial, investment, and private banking services to clients across diverse industries.

Founded in 1983, SVB has grown to become one of the most prominent banks in the world, with offices strategically located in key business hubs in North America, Europe, Asia, and the Middle East.

Its headquarters are based in Santa Clara, California, U.S.A., where it was first established to serve the unique needs of technology startups.

United StatesSanta Clara3003 Tasman Drive HQ
United StatesArlington1000 Wilson Blvd #2110
United StatesAtlanta3475 Piedmont Rd NE
United StatesAustin504 Lavaca St #1000
United StatesBoston53 State St 28th Floor
United StatesBridgeportOne Tower Bridge, 100 Front St #1340
United StatesChicago222 W Adams St # 260
United StatesCottonwood Heights2750 E Cottonwood Pkwy #420
United StatesDallas14555 North Dallas Parkway Fourteen5 #100-202
United StatesDenver1200 17th St 16th Floor

Source: Craft

How many countries does Silicon Valley Bank (SVB) operate in? (Countries where SVB is available)

The Silicon Valley Bank (SVB) is a banking institution with a broad global presence, boasting 29 offices in the United States in addition to significant banking operations in London, United Kingdom, Hong Kong, Beijing, and Shanghai, China. With branches also in Herzliya Pituah, Israel, Frankfurt, Germany, and Toronto, Canada, SVB is a truly international bank.

SVB is accessible to customers in the United States of America, many European countries, and Asian countries. With its vast network, SVB provides its customers with unparalleled global reach, enabling them to conduct business in a variety of regions around the world.

Source: SVB

How does Silicon Valley Bank (SVB) make money?

In addition to its lending services, SVB offers private banking services to high-net-worth individuals, ensuring that their financial needs are met with the utmost care and attention.

The bank operates a venture capital and private equity division, which occasionally invests in its commercial banking clients.

What is Silicon Valley Bank's (SVB) market share in the global Banking/Financial services industry?

A 2022 report reveals that SVB holds 4.02% of the investment and finance services market, indicating that the bank has been able to adapt and remain competitive in a constantly evolving financial landscape.

Source: Silicon Valley Business Journals

How many customers does Silicon Valley Bank have? (SVB users)

As of the latest report, the bank boasts over 9,500 business clients.

To cater to its diverse clientele, Silicon Valley Bank has set up 27 regional offices across the globe, providing local expertise and support to its customers.

Source: SVB

SVB users’ demography

Silicon Valley Bank (SVB) visitors’ gender distribution

Based on the latest statistics, it is clear that the majority of visitors are male, accounting for 60.11% of the total visitors.

Women, on the other hand, make up 39.89% of the audience. Although it is possible that other factors such as website content, marketing strategy, and target audience interests could contribute to this gender split, it is worth noting that the website may be more attractive to men than to women.


Source: Similar web

Silicon Valley Bank (SVB) visitors’ age distribution

The majority of Silicon Valley Bank (SVB) visitors are between the ages of 25 and 34. This demographic is often referred to as the "millennial" generation, who are known for their tech-savviness and entrepreneurial spirit.

This group is also the largest demographic in the current workforce and is driving many of the changes in the business world. In fact, many companies are now catering their products and services to this group, and SVB is no exception.

The bank has developed various digital tools and platforms that meet the needs of this tech-savvy demographic, including mobile banking apps and online payment systems. These tools not only make banking more convenient for this group but also help the bank to stay competitive in the ever-changing banking industry.

Age GroupShare
18 - 2418.51%
25 - 3434.42%
35 - 4421.67%
45 - 5413.85%
55 - 647.39%

Source: Similar web

Silicon Valley Bank (SVB) customers by country

According to the website analytics, it appears that the majority of the traffic to is coming from the United States.

This is not surprising given that Silicon Valley Bank (SVB) is headquartered in the United States and is primarily focused on providing financial services to technology and life science companies within the US.

However, it is worth noting that SVB has expanded its operations globally and now has offices in multiple countries around the world, including Canada, China, and the United Kingdom. As such, it will be interesting to see if the traffic from these other countries continues to grow in the coming years as SVB's global presence becomes more established.

United States73.82%
United Kingdom3.74%
New Zealand1.65%

Source: Similar web

How many app downloads does Silicon Valley Bank have?

Silicon Valley Bank has over 10,000 downloads for their Android version alone.

Source: Google Play

Silicon Valley Bank's (SVB) top marketing channels

During the previous month, the top source of the traffic to was Direct traffic, which accounted for 59.57% of desktop visits.

This indicates that visitors are familiar with the website and are typing in the URL directly. The second highest source of traffic was Organic Search, which contributed to 30.91% of the website's overall traffic.

It is worth noting that the remaining percentage of traffic may be attributed to other sources such as social media, display advertising, or referrals.

Marketing ChannelsShare
Organic Search30.91%
Paid Search1.19%

Source: Similar Web

Social media traffic to Silicon Valley Bank (SVB) is a website that receives the majority of its social media traffic from Linkedin, a professional networking platform that is particularly popular with businesspeople and entrepreneurs. However, while the website's social media presence is strong on Linkedin, it also receives a significant amount of traffic from Twitter and Youtube.

Social MediaShare

Source: Similar Web

What is the average time spent by users on Silicon Valley Bank (SVB) website?

On each visit, users spend an average of 6 minutes and 53 seconds on the Silicon Valley Bank website.

Source: Similar Web

What other products and services does Silicon Valley Bank (SVB) offer to customers?

SVB banking products and solutions. Whatever your stage of business, SVB has a comprehensive set of banking products and solutions, including cash management, foreign exchange risk solutions, and financing solutions that are designed to help support your business's scale and growth for success.

Silicon Valley Bank (SVB) lifetime milestones

1983Date of Establishment
1988enlisted in Nasdaq IPO: SIVB
1996Began US Expansion to 15 states
2008Opened Israel office
2011Appointed Greg Becker as CEO
2012Launched a UK branch & Opened a joint venture bank in China
2016Opened Ireland office
2018Opened Germany office
2019-Acquired healthcare investment bank Leerink Partners
 -Opened Global Delivery Center in India
 -Opened Canada office
 -Opened Denmark office
2020-Acquired WestRiver Group's Debt -Investment Business
 -Celebrated the 10th annual Tech Gives Back week of community service
2021-Acquired Boston Private, a leading provider of wealth management, trust, and banking services
 -Announced $11.2 billion, five-year Community Benefits Plan
 Launched Nasdaq Private Market with Nasdaq, Citi, Goldman Sachs, and Morgan Stanley
 -Launched technology investment banking practice and acquired equity research firm MoffettNathanson
2022-Announced commitment to provide $5 billion in sustainable finance and set a goal to achieve carbon-neutral operations by 2025
 -Welcomed Kay Matthews as Chair of SVB Board of Directors

Sourec: SVB


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