SIVB - SVB Financial GAAP EPS of $7.92 beats by $2.26 revenue of $1.6B beats by $150M

SVB Financial press release (NASDAQ:SIVB): Q1 GAAP EPS of $7.92 beats by $2.26. Revenue of $1.6B (+14.3% Y/Y) beats by $150M. Average loans of $67.1 billion, an increase of $4.5 billion (or 7.2 percent). Period-end loans of $68.7 billion, an increase of $2.4 billion (or 3.6 percent). Operating efficiency ratio of 54.6 percent, compared to 60.1 percent. The improvement was driven primarily by an increase in net interest income. Shares +1.62%.

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SVB Financial GAAP EPS of $7.92 beats by $2.26, revenue of $1.6B beats by $150M