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History & Timeline
Company
SVB Financial Group has been instrumental in the technology, life science and premium winery industries for over 25 years. We're proud of our accomplishments, building a global financial services company with the entrepreneur in mind, from an inspired idea among friends at a poker game. We're looking forward to the next 25 years and are optimistic about the opportunities that lie ahead for our clients, the industries we serve, and for our company.

1982
Incorporated on April 23, 1982
1983
Opened 1st office in San Jose, CA
1984
Shares began trading OTC
1985
Opened Palo Alto, CA regional office
1986
Merged with National InterCity Bancorp
Opened 3rd office in Santa Clara, CA
1987
Shares began trading on Nasdaq under the symbol SIVB
1988
Opened 4th and 5th offices in Palo Alto and San Jose, CA
Completed IPO and raised $6 million in equity capital
1989
Opened 6th office at 3000 Sand Hill Road, Menlo Park, CA, to serve the venture capital community
1990
Opened two additional offices in Wellesley, MA, and Newport Beach, CA
1991
Formed Pacific Rim Group and Trade Finance Group
Opened 9th office in Beaverton, OR
1992
Reengineered process and technology infrastructure to support continued growth
1993
Named John C. Dean President and CEO
1994
Established Premium Wine practice
1995
Named Daniel Kelleher Chairman of the Board
Opened San Diego, CA office
1996
Opened new offices: Rockville, MD, Beverly Hills, CA, Austin, TX, Bellevue, WA, and Boulder, CO
1997
Opened offices in Atlanta, GA, Philadelphia, PA, and Phoenix, AZ
1998
Opened new offices in Los Angeles, CA, and Rosemont, IL
Raised $38.5 million in Cumulative Trust Preferred - SVB Capital I
Adopted a Shareholder Rights Plan
1999
Opened new offices: San Francisco, CA, Sonoma, CA, Minneapolis, MN, and Dallas, TX
Named Ken Wilcox President of Silicon Valley Bank
Harry Kellogg became Vice Chairman of Silicon Valley Bank
Reincorporated in Delaware
Raised $55.1 million in a public offering of 1.4 million shares of common stock
2000
Opened new offices: West Palm Beach, FL, Durham, NC, and a 2nd San Francisco office
Raised $91 million in a public offering of 2 million shares of common stock
2001
Named John Dean Chairman of the Board of Silicon Valley Bancshares
Named Ken Wilcox CEO and President of Silicon Valley Bancshares and Silicon Valley Bank
Opened new office in New York and Fremont, CA
2002
Launched SVB Securities, a broker-dealer subsidiary of Silicon Valley Bank
Focused strategy to specialize in technology, life science, venture capital and premium winery niches
2003
Named Alex "Pete" Hart chairman of the board
SVB celebrates 20 years of dedication to entrepreneurs
2004
Opened international subsidiaries in the UK and India
2005
Silicon Valley Bank holding company Silicon Valley Bancshares renamed SVB Financial Group
Opened international subsidiary in China
2006
Launched SVB Analytics
2007
Closed first international fund, SVB India Capital Partners fund
2008
SVB celebrates 25th anniversary
Opened international subsidiary in Israel
Named Greg Becker president of Silicon Valley Bank