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SVB Financial shares could jump 25 percent in next year: Barron's
March 26, 2017 / 5:49 PM / 6 months ago

SVB Financial shares could jump 25 percent in next year: Barron's

(Reuters) - Shares of SVB Financial Group (SIVB.O), the parent of Silicon Valley Bank, could rise 25 percent in the next year due to higher interest rates, lower taxes and a revived initial public offering market, according to Barron‘s.

Shares of Santa Clara, California-based SVB have risen 78 percent in the past year and are trading around $178.

Reporting By Jessica Toonkel; editing by Diane Craft

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