Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy SBV Financial stock

SVB Financial Group (SIVB) stock is not currently trading. Learn the latest below.

Can I still buy SVB Financial Group stock?

SVB Financial Group (SIVB) stock is not currently trading. The Federal Deposit Insurance Corporation (FDIC) announced on Friday, March 10, 2023 that the California Department of Financial Protection and Innovation had closed the bank and named the FDIC as receiver. This comes after Silicon Valley Bank failed in its attempt to raise capital through a stock offering and then failed in a separate attempt to sell itself amid a rapid increase in customer withdrawals.

Is SVB Financial Group publicly traded?

No, SVB Financial Group (SIVB) stock is not currently trading. Shares of SVB Financial Group fell more than 60% on March 9, 2023, when the bank announced plans to raise more than $2 billion in funding. The bank planned to use these funds to strengthen its financial position following the sale of $21 billion in US Treasuries and mortgage-backed securities at a $1.8 billion loss. SVB sought to raise $1.75 billion through an offering of public stock and $500 million through a private placement with General Atlantic.

SIVB stock fell even lower after reports emerged that companies had begun pulling money out of the struggling bank. According to a California regulatory filing, customers withdrew $42 billion on March 9, leaving the bank with a negative cash balance of roughly $958 million at the close of business that day and incapable of paying its obligations.

Shares of SIVB never reopened for trading on Friday, March 10.

What happens to my SVB Financial Group stock?

The Nasdaq Stock Market announced on Friday, March 10, 2023 that trading of SVB Financial Group stock will remain halted until the bank “has fully satisfied Nasdaq’s request for additional information.”

Moreover, a statement by federal regulators notes that SVB Financial Group shareholders will not be protected, meaning any losses to your investment may not be recoverable.

Buy stock in other banks

Even though you can’t buy SVB Financial Group stock on the Nasdaq, you can invest in other publicly traded banks.

Frequently asked questions

Compare online trading platforms to invest in US stocks

You can compare features of stock trading platforms in the table below. Once you’ve decided on the right fit for your goals, hit the “Go to site” button to get started.

1 - 9 of 9
Name Product USFST Ratings Available asset types Stock trade fee Minimum deposit Cash sweep APY Signup bonus
Tastytrade
Finder Score: 4.4 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $50-$5,000
Competitive, capped options commissions, with a reliable trading platform designed for serious traders.
Go to siteMore Info
SoFi Invest®
Finder Score: 4.2 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Options, Mutual funds, ETFs, Alternatives
$0
$0
0.02%
Get up to $1,000 in stock
Zero-commission stocks, ETFs and options, with no options per-contract fees. Plus, a no-advisory-fee robo-advisor and complimentary access to financial planners.
Go to siteMore Info
Robinhood
Finder Score: 4.5 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.5%
Get a free stock
Trade stocks, options, ETFs and crypto without commissions and on a user-friendly platform. Plus, a 1% IRA match and no options contract fees.
Go to siteMore Info
OPTO
Finder Score: 3.1 / 5: ★★★★★
OPTO
★★★★★
Stocks, ETFs
$0
$0
N/A
Earn up to $300
AI-driven thematic investing, with proprietary research, fractional shares and commission-free stocks and ETFs.
Go to siteMore Info
eToro
Finder Score: 4 / 5: ★★★★★
EXCLUSIVE
eToro
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.9%
FINDER EXCLUSIVE: Get a guaranteed $15 bonus
No commission stock, ETF and options trades, with 4.9% interest on your options account balance and no options contract fees.
Go to siteMore Info
Public.com
Finder Score: 4.3 / 5: ★★★★★
Public.com
★★★★★
Stocks, Bonds, Options, ETFs, Cryptocurrency, Alternatives, Treasury Bills, High-yield cash account
$0
$0
4.6%
Get up to $10,000 and transfer fees covered
Build a diversified portfolio of stocks, bonds, options, ETFs, crypto and alternative assets, with a high-yield cash account and options contract rebates.
Go to siteMore Info
Stash
Finder Score: 3.7 / 5: ★★★★★
Stash
★★★★★
Stocks, ETFs
$0
$0
0.1%
Get $10 when you sign up and deposit $5
Automated investing, individual stock and ETF investing and banking services for as low as $3 per month.
Go to siteMore Info
Wealthfront
Finder Score: 4.5 / 5: ★★★★★
Wealthfront
★★★★★
Stocks, ETFs
$0
$500
5%
Get $50
Automated stock and bond ETF investing with the ability to trade individual stocks for as little as $1 apiece.
Go to siteMore Info
Zacks Trade
Finder Score: 3.8 / 5: ★★★★★
Zacks Trade
★★★★★
Stocks, Bonds, Mutual funds, ETFs, CDs
$0.01
$250
2.83%
Get up to $500
Trade stocks, options, ETFs, mutual funds and bonds, with powerful trading tools and low margin rates.
Go to siteMore Info
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

More on investing

More resources on Finder

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site