Item 2.02. Results of Operations and Financial Condition.

On January 21, 2021, SVB Financial Group (the "Company") announced its financial results for the fourth quarter and full year ended December 31, 2020. A copy of the release and a fourth quarter CEO letter and earnings slides are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated herein by reference. The information in this report shall not be treated as "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933 or the Securities Act of 1934, except as expressly stated by specific reference in such filing.




                          Item 8.01.     Other Events.

On January 21, 2021, the Company's Board of Directors declared a quarterly cash dividend of $13.125 per share on the Company's 5.250% fixed-rate non-cumulative perpetual Series A Preferred Stock, liquidation amount $1,000 per share, which are represented by depositary shares (NASDAQ: SIVBP), each representing a 1/40th interest in a share of preferred stock. Holders of depositary shares will receive $0.328125 per depositary share. The dividend is payable on February 16, 2021 to holders of record at the close of business on February 2, 2021. Item 9.01. Financial Statements and Exhibits.




(d) Exhibits.
   Exhibit No.     Description

       99.1          Earnings Release, dated January 21, 2021, announcing the Company's financial
                   results for the fourth quarter ended and full year December 31, 2020
       99.2          Q4 2020 CEO Letter and Earnings Slides
       104         Cover Page Interactive Data File (embedded within the Inline XBRL document).

© Edgar Online, source Glimpses