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)
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.
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.
Silicon Valley Bank Market Cap
As of March 2023, Silicon Valley Bank's market capitalization stands at $15.86 billion.
Silicon Valley Bank (SVB) Valuation
As of 2022, Silicon Valley Bank's (SVB) Valuation was $34.20 billion.
Source: Morning Star
Silicon Valley Bank Revenue
SVB revenue as of 2022 was $7.401 billion.
SVB's net income for 2022 was $1.509 billion.
Source: Source: Macrotrends
Silicon Valley Bank Gross Profit
SVB's gross profit for 2022 was $6.213 billion
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.
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.
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.
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.
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.
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.
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.
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.
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.
SVB users’ demography
Silicon Valley Bank (SVB) visitors’ gender distribution
Based on the latest statistics, it is clear that the majority of svb.com 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.
Source: Similar web
Silicon Valley Bank (SVB) customers by country
According to the website analytics, it appears that the majority of the traffic to svb.com 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.
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 svb.com 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.
Source: Similar Web
Social media traffic to Silicon Valley Bank (SVB)
svb.com 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.
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