- Core EPS of $1.22 vs. EPS of $1.04 in 2Q14
- Net Interest Income up 7.6% q/q to $221M due to increase in interest income from AFS and HTM securities
- Non-GAAP Non Interest Income of $75.3M up from $49.5M in 2Q14 was driven by net gains on investment securities
- NIM of 2.73% vs. 2.79% in 2Q14 due to continued growth in deposits, and the decrease in loan yields
- Average deposits at $29.7B up from $27.2B in 2Q14
- Tier I risk based capital 14.03% vs. 14.42% in 2Q14
- Book Value at $53.56 vs. $52.78 in 2Q14
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Conference call at 6 ET
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SIVB No trades AH
- Previously: SVB Financial misses by $0.01, beats on revenue