Strong Loan and Deposit Growth
Achieved 2.5% loan growth over the linked quarter, with deposits up by $3.3 billion or 2% sequentially. This marks the 7th consecutive quarter of deposit growth.
SVB Commercial Performance
Global fund banking loans increased 10% sequentially, driven by increased utilization and strong production in the capital call portfolio.
Shareholder Returns
Returned $900 million to shareholders through share repurchases during the quarter, with a total of $4 billion repurchased since the inception of the plan in July 2024.
Capital and Liquidity Strength
Maintained strong capital ratios, with a CET1 ratio of 11.65%, supporting ongoing growth and strategic initiatives.
Branch Expansion
Announced an agreement to purchase 138 branches from BMO Bank, expected to expand market reach and enhance client offerings.