SVB Financial Group (WBO:SIVB) Tax Rate % : 19.53% (As of Dec. 2022)

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What is SVB Financial Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SVB Financial Group's Tax Expense for the three months ended in Dec. 2022 was €70 Mil. SVB Financial Group's Pre-Tax Income for the three months ended in Dec. 2022 was €358 Mil. Therefore, SVB Financial Group's Tax Rate % for the quarter that ended in Dec. 2022 was 19.53%.

SVB Financial Group Tax Rate % Historical Data

The historical data trend for SVB Financial Group's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SVB Financial Group Tax Rate % Chart

SVB Financial Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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25.79

26.40

25.72

23.90

25.92

SVB Financial Group Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Tax Rate %	Get a 7-Day Free Trial															25.82	25.45	27.22	29.51	19.53

SVB Financial Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

SVB Financial Group's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	531.472	/	2050.368
	=	25.92 %

SVB Financial Group's Tax Rate % for the quarter that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2022 )	/	Pre-Tax Income (Q: Dec. 2022 )
	=	69.856	/	357.776
	=	19.53 %

SVB Financial Group Tax Rate % Related Terms

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SVB Financial Group (WBO:SIVB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SVB Financial Group (WBO:SIVB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SIVPQ.PFD:USA

Address

3003 Tasman Drive, Santa Clara, CA, USA, 95054-1191

Website

https://www.svb.com

SVB Financial Group provides loans and ancillary financial services to startups, private equity, and venture capital firms. The bank has four segments: Silicon Valley Bank, SVB Private, SVB Capital, and SVB Securities. In addition to providing loans to venture-capital-backed startups, the company invests in private equity and venture capital funds of funds. The bank operates throughout the United States and maintains offices in Canada, the United Kingdom, Israel, China, India, Germany, Denmark, and Ireland.

SVB Financial Group (WBO:SIVB) Headlines

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