Silicon Valley Bank Results Presentation Deck slide image

Silicon Valley Bank Results Presentation Deck

Proactively managing the impact of a declining rate environment MODEL SENSITIVITY Static Balance Sheet $63M (annualized) Decline in pre-tax net interest income from -25 bps parallel shift Interest Rate Swaps • Converting variable rate loans to fixed ● • $2.0B of notional outstandings as of July 19, 2019, with ability to increase ● Expected performance consistent with our 2019 outlook STRATEGIES IMPLEMENTED TO MANAGE SENSITIVITY: Expectation of stable re- investment rates on investment securities Managing cash balances lower than period-end levels Assumption Differences ● ● Deposit Price Strategy Adapting to declining market rates (deposit beta) EXPECTED OUTCOME Expectation for higher deposit beta (50%-70%) Forecasted Scenario $40-$50M (annualized) Decline in pre-tax net interest income from 25 bps Fed Funds rate decrease Other Strategies Extending maturity on our investment portfolio • Loan floors With the two 25 bps Fed Funds rate decreases in July and September implied by the Forward Curve as of 7/23/19, we would expect 2019 NII growth to be in the low double digits and NIM to be between 3.50% and 3.60% For more information, please refer to our sensitivity analysis included in our most recently filed quarterly reports pursuant to applicable SEC requirements. These estimates are reported on a pre-tax basis and are based on a static balance sheet and assumptions as of June 30, 2019. Actual results may differ. Simulations used to analyze interest-rate sensitivity may differ from actual results due to, among other things, differences in timing, frequency, and magnitude of changes in market rates; impact of svb> Q2 2019 Capcomparte Cove, Mielwuzetinde Funsamesisat Rhedslunssand impact of strategies taken by management to mitigate these risks. 12
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