SVB Financial Group (SVB Financial Group) Credit Losses Provision : $420.00 Mil (As of Dec. 2022)

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What is SVB Financial Group Credit Losses Provision?

SVB Financial Group's credit losses provision for the three months ended in Dec. 2022 was $141.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2022 was $420.00 Mil.

SVB Financial Group's quarterly credit losses provision declined from Jun. 2022 ($196.00 Mil) to Sep. 2022 ($72.00 Mil) but then increased from Sep. 2022 ($72.00 Mil) to Dec. 2022 ($141.00 Mil).

SVB Financial Group's annual credit losses provision declined from Dec. 2020 ($220.00 Mil) to Dec. 2021 ($123.00 Mil) but then increased from Dec. 2021 ($123.00 Mil) to Dec. 2022 ($420.00 Mil).

SVB Financial Group Credit Losses Provision Historical Data

The historical data trend for SVB Financial Group's Credit Losses Provision 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 Credit Losses Provision Chart

SVB Financial Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Credit Losses Provision

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87.87

107.00

220.00

123.00

420.00

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
Credit Losses Provision	Get a 7-Day Free Trial															48.00	11.00	196.00	72.00	141.00

SVB Financial Group Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $420.00 Mil.

SVB Financial Group (SVB Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SVB Financial Group (OTCPK:SIVPQ.PFD) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

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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.