Silicon Valley Bank Mergers and Acquisitions Presentation Deck
Boston Private accelerates SVB's growth
in private banking and wealth management
Strategically
compelling
Boston Private:
Premier private
bank and wealth
manager
X
Differentiated
combined platform
to accelerate
growth
Financially
attractive
svb >
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Accelerates growth of SVB's private banking and wealth management business to $17.7B combined AUM¹
Immediately expands our capabilities and capacity to serve our growing client base
Advances our private banking and wealth management expertise, products and technology
Enables deeper client relationships and helps capture ~$400B opportunity among our current clients²
Excellent reputation with client-centric culture and holistic, relationship-based service model (industry-leading NPS³)
Deep private banking and wealth management expertise and full product suite, including key commercial banking solutions
Advanced digital banking and wealth management technology platform
Strong, experienced leadership team with success attracting senior talent
Presence in key innovation centers across the U.S.
Combined platform provides the team, capabilities, technology and scale to meet the personal needs of all clients
Joint leadership team will leverage complementary talent and offerings, SVB's central position in the innovation economy and
large balance sheet and Boston Private's technology and broad product set
Exclusive access to relationships, insights and investment opportunities in the innovation economy
Robust digital client experience and streamlined onboarding
$10.94 in value per Boston Private share; aggregate consideration of ~$900M (~4% of SVB's market cap)4
Immediately accretive to TBV per share at close
Low single digit earnings per share accretion
Diversifies revenues and enhances profitability
1. Based on SVB Private Bank's AUM and Boston Private's AUM as of September 30, 2020.
2. See slide 5 for more information.
3. Net promoter score.
4. Based on SVB closing stock price of $387.83 as of December 31, 2020 and fixed 0.0228x exchange ratio. See slide 9 for
more information.
Acquisition of Boston Private
3View entire presentation