Q3 2018 Corporate Overview and Financial Results

40 Contents andGlossary 42 43 38 39 14 15 The following termsareusedthroughoutthispresentation toreferSVB-specific tocertain metrics: 4 8 3 Q3 2018 • • • held onthe balance sheet. Fixed Income Securities Total Client Funds– the endofthispresentation for moreinformation. exchange and lending-related fees, inaggregate. Thisisanon-GAAP measure. Pleaseseenon-GAAPreconciliations at Core Fee Income – Non-GAAP reconciliations Capital environment Regulatory Interest ratesensitivity Financial performance outlookforPreliminary 2019 Outlook for 2018 ofresults Q3 2018overview About SVB non-GAAP financialmeasures informationImportant regardingforward-lookingstatements and useof Corporate and Financial Results Overview fees clientinvestments,creditcards,depositservice charges, foreign fromlettersofcredit, the sumofon-balance sheetdepositsand off-balance sheetclientinvestmentfunds. – Comprised primarily ofavailable-for-sale ("AFS") primarily Comprised ("HTM")securities andheld-to-maturity 2 SVB20144:3

non-GAAP calculationofthe financialmeasure.Pleaserefer tothatsectionformoreinformation. provided reconciliations of,whereapplicable,the most comparableGAAP financialmeasures to thenon-GAAP financialmeasuresusedin thispresentation,orareconciliation ofthe superior to,netincome orotherfinancialmeasures preparedinaccordancewithGAAP. Under the“Non-GAAP reconciliations”sectionat theendofthispresentation,we have other interestedpartiesintheevaluation ofcompaniesinourindustry. However, thesenon-GAAP financial measuresshouldbeconsideredinadditionto,notasasubstitute foror non-GAAP financial measuresalsofacilitateacomparisonofourperformance topriorperiods.We believethesemeasures arefrequentlyusedbysecuritiesanalysts,investorsand that investorsbenefitfromreferring to,thesenon-GAAP financialmeasuresin assessingouroperatingresultsandwhenplanning,forecasting analyzingfutureperiods. These indicated, or(ii) providingadditional informationusedbymanagementthatisnototherwiserequired byGAAP orotherapplicablerequirements. Ourmanagementuses,andbelieves information regardingourperformance by:(i) excludingamountsattributabletonon-controllinginterests forwhichweeffectively donotreceivethe economicbenefitorcostof,where We believe that thesenon-GAAP financialmeasures,when takentogetherwiththecorrespondingGAAP financialmeasures(asapplicable),providemeaningfulsupplemental   presented inaccordancewithGAAP. A non-GAAP financialmeasuremayalsobe afinancialmetricthatisnotrequiredbyGAAP orotherapplicablerequirement. measure ofacompany’s performancethateither excludesorincludesamountsthatarenotnormallyexcludedincludedinthemostdirectlycomparablemeasurecalculatedand by othercompaniesinourindustry. Non-GAAP financialmeasuresarenotinaccordancewith,oranalternativefor, GAAP. Generally, anon-GAAP financialmeasureisanumerical expense andnon-GAAP financialratios)of performance. These supplementalperformancemeasuresmayvaryfrom,andnotbecomparable to,similarlytitledmeasures GAAP corefeeincome,non-GAAP noninterestincome,non-GAAP netgainsoninvestmentsecurities,non-GAAP non-marketableandothersecurities,non-GAAP noninterest To supplementourfinancialdisclosuresthatarepresentedinaccordancewithGAAP, weusecertainnon-GAAP measuresoffinancialperformance(including,butnotlimitedto,non-   Use ofNon-GAAP FinancialMeasures   This presentationshallnotconstituteanoffer orsolicitationinconnectionwithanysecurities.   as requiredbylaw. are madeonlyasofthedatethispresentation.We assumenoobligationanddonotintendtoreviseorupdateanyforward-lookingstatementscontainedinthispresentation, except Company’s actualresultstodiffer materiallyfromthosecontainedinourprojectionsorother forward-lookingstatements. All forward-lookingstatementsincludedinthispresentation Quarterly ReportonForm10-Q;and(iii)ourmostrecentearningsreleasefiled8-K. These documentscontainandidentifyimportantriskfactorsthatcouldcausethe We referyoutothedocumentsCompanyfilesfromtimewithSecuritiesandExchangeCommission,including(i)ourlatest Annual ReportonForm10-K;(ii)ourlatest   required byGenerally Accepted Accounting Principles(GAAP); andregulatory, taxorlegalchangestheirimpactonus. liquidity ofourclientsorunanticipatedeffects ofcreditconcentrationriskswhichcreateorexacerbatedeteriorationsuchcreditworthinessliquidity;accountingchanges,as hold derivativeinstrumentsorequitywarrantassets;variationsfromourexpectationsastofactorsimpactingcoststructure;changes inourassessmentofthecreditworthinessor especially onourloanandinvestmentportfolios;changesindepositlevels;theperformanceorequityvaluationsoffunds orcompaniesinwhichwehaveinvested of IPOsandM&A activities);changesinthevolumeandcreditqualityofourloans;impact changesininterestratesormarketlevelsfactorsaffecting oraffected bythem, deterioration, weakerthanexpectedimprovement,orotherchangesinthestateofeconomymarketswhichweconduct businessorareservedbyus(includingthelevels Important factorsthatcouldcauseouractualresultsandfinancialconditiontodiffer fromtheexpectationsstatedinforward-lookingstatementsinclude,amongothers: trends. Ouractualresultsofoperationsandfinancialperformancecoulddiffer significantlyfromthoseexpressedinorimpliedbyourmanagement’s forward-lookingstatements. We wishtocautionyouthatsuchstatementsarejustpredictionsandactualeventsorresultsmaydiffer materially, duetochangesineconomic,businessandregulatoryfactors   looking statementsarereasonable,wehavebasedtheseexpectationsonourcurrentbeliefsaswellassumptions,andsuch expectations mayprovetobeincorrect. such results)forcertainquartersin,andthefullyear20182019,aswell2020beyond. Although webelievethattheexpectationsreflectedintheseforward- including potentialinvestmentgains,loangrowth,mix,yields,creditquality, deposits,noninterestincome,andexpenselevels; andfinancialresults(andthecomponentsof expectations about,amongotherthings:economicconditions;opportunitiesinthemarket;outlookonourclients'performance;financial, credit,andbusinessperformanc Forward-Looking Statements Important information Q3 2018 Corporate andFinancial Results Overview " could, " would, " “predict,” “potential,”“continue,”“anticipate,”“believe,”“estimate,” 3 SVB 2014 4:3

SVB: A unique financial services company 35 years of focus on innovation companies, investors and influencers Strong market position Robust client funds franchise Diversified revenue streams $56B assets Global presence $26B loans $129B total client funds Average balances for Q3'18 Q3 2018 Corporate Overview and Financial Results 4

(Early Stage) Accelerator Revenue <$5M Q3 2018 Corporate andFinancial Results Overview Technology +LifeHealthcare Sciences $5M-$75M Growth Revenue Innovation Economy We serve theglobal Corp Fin Corp Revenue >$75M Venture Capital Private Equity Investors Wealth Management Individuals Private Bank 5 SVB 2014 4:3

Serving innovative companies and the investors and individuals behind them Silicon Valley Bank SVB Capital SVB Private Bank/ Global commercial banking Private venture investing Wealth Advisory for innovators, enterprises expertise, oversight Private banking and investment and investors and fund management strategies for influencers in the innovation ecosystem Q3 2018 Corporate Overview and Financial Results 6

A strong, seasoned management team • • Q3 2018 Diverse experience andskillsets to helpdirectourgrowth Average tenureof12years atSVB Corporate andFinancial Results Overview 2 years atSVB CHIEF RISKOFFICER Laura Izurieta 5 years atSVB CHIEF MARKETINGOFFICER Michelle Draper 22 years atSVB HEAD OFTECHNOLOGY BANKING John China 1 year atSVB CHIEF FINANCIALOFFICER Dan Beck 2 years atSVB CHIEF OPERATIONS OFFICER Mike Dreyer 9 years atSVB PRESIDENT OFTHEUKBRANCH HEAD OFEMEAAND Phil Cox 25 years atSVB SVB FINANCIALGROUP PRESIDENT ANDCEO Greg Becker 4 years atSVB GENERAL COUNSEL Michael Zuckert 14 years atSVB OFFICER CHIEF HUMANRESOURCES Chris Edmonds-Waters 13 years atSVB SILICON VALLEY BANK PRESIDENT Mike Descheneaux years26 atSVB CHIEF CREDIT OFFICER Marc Cadieux 7 SVB 2014 4:3

StrongQ3'18 Market market Factors tailwinds in 2018 year to date Strong Liquidity Higher Interest Rates Lower Taxes & • Strong VC funding ($84B • Fed Funds +75 bps Regulatory Relief YTD) (March, June and • SVB's effective tax rate • Improving pace of U.S. September) decreased to 25.8%, VC-backed, Tech/Life • 1M LIBOR +70 bps YTD (from 42.0% in FY 2017) Science IPOs 3M LIBOR +70 bps YTD and reflects: • Healthy valuation trends • 5Y Treasury +74 bps YTD ◦ Federal tax cuts in private markets ◦ Tax benefits from share-based comp. • CCAR threshold lifted Q3 2018 Corporate Overview and Financial Results 8

Q3'18 takeaways EPS: $5.10 Net Income: $275 million • Outstanding Growth (vs. Q2'18) • Efficiency ratio: 44.22% – Average total client funds: +7.9% • Return on equity: 22.46% (+164 bps) – Average loans: +5.9% • Stable credit quality – Net interest income: +5.9% • Bank Tier 1 Leverage ratio: 7.82% – Core fee income: +7.0% (+10 bps) • Non-interest expense: +1.2% (vs. Q2'18) • Warrant gains: $34.1M • Investment gains, net of NCI: $25.6M Challenges • Improved momentum in exit markets, but still not back to historical levels • Impact of market liquidity on valuations and loan growth • Achieving right balance of total client fund mix • Market anxiety over escalating global trade/tariff war Q3 2018 Corporate Overview and Financial Results 9

Q3'18 key earnings drivers • +$30.9M of loan and investment interest income from loan growth and higher rates • +$8.6M of core fees due to higher client investment fees driven by higher balances and spreads • $34.1M of equity warrant gains due to positive funding and exit environments for our clients • $25.6M of investment securities gains, net of NCI, due to positive funding and exit environments for our clients • Lower provision due to stable credit quality and increasing mix towards high-quality capital Positive earnings impact earnings Positive call lines • $3.7M of higher noninterest expense ($13.5M of higher compensation and benefits, offset by a $10.3M decrease in professional services expense reflective of the Q2'18 $6.0M write- off of capitalized costs related to CCAR regulatory reform) ◦ Higher compensation and benefits expense consists primarily of: ▪ Higher salaries and wages from increased headcount ▪ Retention incentives paid for key employees ▪ Higher incentive expense from strong full-year expected performance expectations and an increase in average FTEs ▪ Increase in warrant incentive plan expense from strong equity warrant gains Negative earnings impact earnings Negative • $5.2M of higher interest expense from an increase in short-term borrowings to fund loan growth and an increase in interest paid on money market deposits due to market rate adjustments • $4.7M of lower loan fee interest income from decreased levels of loan prepayments Q3 2018 Corporate Overview and Financial Results 10

Quarterly highlights 3) 2) 1) Return onaverage assets(annualized) (annualized) Return onaverage SVBFG stockholders’equity Effective taxrate Non-interest expense (annualized) Net charge-offs /Average totalgross loans controlling interests non-interest income,Non-GAAP netofnon- non-interest incomeGAAP Net interestincome Net interestmargin Average fixed income securities Change Average off-balancesheetclient investment funds Change Average deposits Change Average loans Change Average assets Net income available tocommon stockholders Diluted earnings pershare reform. Q4'17 included$37.6Mofadditional incometaxexpenseduetotherevaluationofdeferredassets andinvestmentsinlowincomehousingtaxcreditfundsfollowing tax Our effective taxrateiscalculatedbydividingincomeexpensethesum ofincomebeforetaxexpenseandnetattributable tononcontrollinginterests. This isanon-GAAP measure.Pleaseseenon-GAAP reconciliations atendofthispresentationformoreinformation. treasury andtaxmanagementobjectives. EPS wasimpacted$0.80dueto the $37.6Mofadditionalincometaxexpenseduetoreformand $8.8Mofpre-taxlosseson AFS securitysalesinconnectionwithour Q3 2018 Corporate andFinancial Results Overview 3 2 $374.0M $148.6M $158.8M $257.8M $153.2M 39.58% 14.59% $44.0B $49.8B $21.6B $53.3B $23.1B 0.19% 3.10% 1.18% $2.79 Q3'17 4.5% 8.5% 4.7% 5.2% $264.0M $144.5M $393.7M $152.3M $117.2M 53.54% 11.09% $44.8B $50.8B $22.4B $57.6B $23.8B 0.92% 0.23% 3.20% Q4'17 $2.19 4.0% 2.0% 8.1% 1.7% 1 $419.9M $265.4M $195.0M $142.5M $155.5M 27.50% 18.12% $64.4B $24.0B $46.1B $52.4B $23.8B 0.15% 3.38% 1.51% 11.8% Q1'18 $3.63 3.0% 6.1% 3.1% $466.4M $305.7M $237.8M $183.2M $192.7M 20.82% 24.53% $48.0B $54.4B $24.9B $25.2B $71.3B 0.22% 3.59% 10.8% 1.75% $4.42 Q2'18 4.0% 4.4% 3.8% $309.4M $203.4M $493.2M $274.8M $210.1M 22.46% 25.75% $79.6B $49.1B $56.5B $26.3B $25.5B 0.30% 3.62% 1.93% 11.6% Q3'18 $5.10 5.9% 3.9% 2.3% 11 SVB 2014 4:3

6) 5) 4) 3) 2) 1) Return on average assets(annualized) (annualized)equity Return on average SVBFG stockholders’ Effective taxrate Non-interest expense (annualized) Net charge-offs /Average total grossloans controlling interests non-interestincomeNon-GAAP ,netofnon- non-interestincomeGAAP Net interestincome Net interestmargin Average fixed-income securities Change Average off-balancesheetclient inv. funds Change Average deposits Change Average loans Change Average assets stockholders Net income available tocommon Diluted earnings pershare Annual highlights 2017 is$37.6M ofadditional income taxexpense duetotherevaluation ofdeferred tax assetsandinvestmentsinlowincome housingtaxcreditfunds following taxreform. Our effectivetaxrate iscalculatedbydividingincome taxexpense by the sumofincome before income taxexpense tononcontrolling andnetincome interests.Included in attributable Non-GAAP noninterestincome, netofnon-controlling interestsisanon-GAAP measure. Pleaseseenon-GAAPreconciliations atendofthispresentationfor moreinformation management objectives. EPS wasimpacted$0.80 duetothe$37.6M ofadditionalincome taxexpense duetotaxreform salesinconnectionandtax and$8.8M withourtreasury oflossesonAFSsecurity thischange. havebeen revised toreflect of noninterestexpense.periods Allprior unfunded creditcommitments together asour“provision for creditlosses”. presentation,ourprovisionfor unfundedcreditcommitmentsasacomponent periods’ werereported Inprior In Q1'17 presentationofnoninterestexpense ourprovisionfor toconform presentation,whichreflect loanlosses andprovisionfor periods’ tothecurrentperiod werevisedprior amounts. period no changes toprior Accounting Standards Update2016-09, Improvements toEmployeeShare-BasedPayment Accounting of2017. inthefirstquarter Thisguidance was adoptedonaprospectivebasiswith Included indilutedearnings per common shareandnetincome available tocommon stockholders in2017 and2018aretaxbenefitsrecognized associatedwiththeadoptionof Includes post-tax netlossof$11.4Mrelatedtothesale ofourSVBIF entityinIndia Q3 2018 Corporate andFinancial Results Overview 6 5 $263.9M 10.46%1 $856.6M $700.7M $352.5M $572.2M 41.02% 0.80% $30.0B $33.0B $16.6B $28.3B 44.4% $11.5B 24.0% 42.0% 0.32% 23.0% 2.81% $5.31 2014 1 1 1 $1,006.4M $780.0M $343.9M $472.8M $441.1M 39.95% 11.18% $40.8B $14.8B $36.3B $39.2B 0.84% 0.30% $22.3B 30.6% 28.2% 28.3% 2.57% 23.9% $6.62 2015 $1,150.5M $448.5M $456.6M $859.8M $382.7M 10.90% 39.55% $44.0B $43.4B $38.8B 0.46% $18.3B $21.5B 0.87% 23.8% 10.5% 2.72% 6.8% 2016 $7.31 7.7% $1,420.4M $1,010.7M $490.5M $527.8M $557.2M 42.02% 12.38% $48.4B $22.4B $42.7B 2017 $51.5B $9.20 $21.2B 3.05% 10.0% 0.27% 18.8% 1.01% 10.3% 15.7% 2,3 4 9/30/18 YTD $1,379.5M $880.6M $707.6M $558.3M $529.1M 20.56% 25.84% $54.4B $24.9B $25.0B $47.7B $71.8B 0.22% $13.15 1.74% 3.53% 39.3% 18.2% 12.5% 11.7% 12 SVB 2014 4:3

Key performance indicators $ Millions $ Billions A v $ $ g $ $ $ $ $ 1 1 2 3 $ 1 2 $ 1 . $ , Q3 2018 , 0 0 0 0 5 5 5 0 5 5 L 0 0 0 $ o 0 0 0 0 2 a N 0 $ n 1 e 1 Corporate andFinancial Results Overview 2 4 1 s $ 0 t . , 5 1 8 4 I n 5 n 7 2 e $ t 0 t 1 e 2 $ 1 4 0 1 5 r o , 1 . e 0 8 5 f s 0 u t 6 2 $ 2 0 n $ I 0 1 1 e 1 8 1 n 6 , a 6 . 1 c 3 5 r o 1 n m 2 $ 2 $ Y Y 0 e 0 1 1 2 e T T d 1 , 7 1 D 7 4 D . 2 i 9 2 9 n / 0 / 3 3 c 0 $ 0 $ 1 / / o 2 1 , 1 3 m 8 8 5 8 . 0 e 0 $ Millions $ Billions $ $ $ $ $ $ 1 4 $ 1 2 3 1 0 5 5 $ 0 0 0 0 $ 0 0 0 0 0 0 0 0 0 A 2 2 A v 0 v 0 $ g $ $ $ C g . 1 3 5 1 2 2 4 c 4 0 o 8 8 . l 1 i . e . . 0 r T 0 3 3 n e t 2 o 2 f t 0 u F 0 $ $ $ $ n 1 a 2 3 e 3 1 7 5 d 5 l 6 s 6 9 5 e . 5 . . C 5 2 3 I 2 l n 0 2 i $ 0 e $ $ $ 1 c 3 4 3 1 n 6 8 o 1 6 8 3 2 t 6 m . . . 8 4 2 F Y 2 e A 0 2 u $ T v Y g 1 $ 0 $ n $ D 3 7 T . 9 4 5 7 1 d 9 D 7 d 4 9 1 2 / e s . p . 3 9 . 5 7 2 0 / o 3 s / $ i 1 0 t $ 3 s $ 8 / $ 1 7 1 7 4 1 0 8 1 7 9 . . 8 . 7 5 0 $ Millions 4 5 2 3 1 % % % % % % $ $ 1 1 $ $ $ $ , , 0 4 6 8 2 2 2 0 0 0 0 0 0 N $ 0 2 0 0 0 0 0 0 0 1 . o 4 8 1 2 n N 0 % i $ e 1 n 4 7 2 t t 0 0 2 e 1 I 1 . 2 5 r 5 n 0 7 $ e t 1 % 7 s 5 e 8 t 2 r 0 e 2 0 2 E 0 1 . $ s 7 1 x 6 8 t 2 6 p 6 % M e Y 0 2 T n $ 0 2 a D 3 1 Y 0 s 1 r . , T 1 9 0 g 7 e 0 D / 7 5 1 3 i 9 % n 0 1 / / $ 3 1 8 0 8 3 8 / 1 . 5 1 8 3 % 13 SVB 2014 4:3

Assumes nointerest rate increases 2019 5) 4) 3) 2) 1) 2018 full-year outlook Allowance for loanlossesfor totalgross Non-performing loans/total grossloans Non-performing performing loansasa%oftotalgross performing Outlook doesnotassumeanyfuturerateincreases change, andactualresultsmaydiffer, basedonourperformancerelativetointernaltargets. Our outlookfornoninterestexpenseispartlybasedonmanagement's currentforecastofperformance-basedincentivecompensationexpenses.Suchforecastsaresubjectto investors. See"UseofNon-GAAP Financial Measures"attheendofourquarterlyearningsreleaseforfurtherinformationregardingcalculationandlimitationsthismeasure. noninterest expenseforfiscal2017isincludedinthispresentation, aswebelievesuchreconciliationwouldimplyadegreeofprecisionthatbeconfusingormisleadingto presented withoutunreasonable efforts, noreconciliationfortheoutlookofnon-GAAP noninterestexpense(excludingexpenses relatedtononcontrollinginterests)GAAP to noncontrollinginterests. As weareunabletoquantifysuch line itemsthatwouldberequiredtoincludedinthecomparable GAAP financialmeasureforthefutureperiod Noninterest expense(excludingexpenses relatedtononcontrollinginterests)isanon-GAAP measure,whichrepresentsnoninterestexpense,but excludesexpensesattributable release forfurtherinformationregarding thecalculationandlimitationsofthismeasure. believe suchreconciliationwould implyadegreeofprecisionthatwouldbeconfusingormisleading toinvestors.See"UseofNon-GAAP Financial Measures"attheendofthis presented withoutunreasonable efforts, noreconciliationfortheoutlookofnon-GAAP corefeeincometoGAAP noninterestincomeforfiscal2017isincludedinthisrelease, aswe conditions beyondourcontrol. As weareunabletoquantifysuch lineitemsthatwouldberequiredtoincludedinthecomparable GAAP financialmeasureforthefutureperiod Core feeincomeisanon-GAAP measure,whichrepresentsnoninterestincome, butexcludescertainlineitemswhereperformanceistypically subject tomarketorother described under the section"Forward-LookingStatements". cash intoinvestment securities.Suchforecastsare subjecttochange,andactualresults maydiffer, basedonmarketconditions, actualprepaymentratesand otherfactors Our outlookfornet interestincomeandnet marginisbasedprimarilyonmanagement's currentforecastofaverage depositandloanbalances anddeploymentofsurplus expenses relatedtonon-controlling 2. 1. Non-interest expense (excluding expenses Non-interest expense (excluding Q3 2018 Non-GAAP measure assumptions and forecastsregardingthisoutlook. As of related tonon-controlling interests) Net loancharge-offs Net interestincome Net interestmargin Effective Tax Rate 10/25/2018 Average deposits Business Driver performing loans performing Core fee income Corporate andFinancial Results Overview Average loans Preliminary interests) Net loancharge-offs Net interestincome assumesnorate increases,pleaseseeourmost recentFinancialReleaseandearnings calltranscriptforcomplete informationonmanagement's Business Driver Average deposits Core fee income Average loans 2 2 Between 0.20% and0.40% ofavg. 2018 FullYear Outlookvs. 2017 Increase atapercentage ratein Increase atapercentage ratein Increase atapercentage ratein Increase atapercentage ratein Increase atapercentage ratein Between 0.40% and0.60% of Between 26.0% and28.0% Between 3.55% and3.65% Comparable to2017 levels outlook Full Year Results total grossloans total grossloans the lowtwenties the midthirties the midthirties the midteens the lowteens 1 2018 FullYear Outlookvs. 2017 Full Increase atapercentage ratein Increase atapercentage ratein Increase atapercentage ratein Increase atapercentage ratein Increase atapercentage ratein Between 0.30%-0.50% ofavg. (as of the highteenstolowtwenties the mid-teenstohighteens Outlook increased Outlook increased Outlook increased the lowdoubledigits the highsingledigits total grossloans 10/25/2018 Year Results the mid-teens Change from7/26/18 to mid thirties frompreviousoutlookof tomidthirties tolowtwentiesfrompreviousoutlook tomidteensfromprevious outlookof of highteens low thirties No change No change No change No change No change No change No change low teens ) 14 SVB 2014 4:3

Assumes nointerest rate increases 2019 5) 4) 3) 2) 1) Non-interest expense (excluding expenses relatedto 2019 Outlook doesnotassumeanyfuturerateincreases change, andactualresultsmaydiffer, basedonourperformancerelativetointernaltargets. Our outlookfornoninterestexpenseispartlybasedonmanagement's currentforecastofperformance-basedincentivecompensationexpenses.Suchforecastsaresubjectto investors. See"UseofNon-GAAP Financial Measures"attheendofourquarterlyearningsreleaseforfurtherinformationregardingcalculationandlimitationsthismeasure. noninterest expenseforfiscal2017isincludedinthispresentation, aswebelievesuchreconciliationwouldimplyadegreeofprecisionthatbeconfusingormisleadingto presented withoutunreasonable efforts, noreconciliationfortheoutlookofnon-GAAP noninterestexpense(excludingexpenses relatedtononcontrollinginterests)GAAP to noncontrollinginterests. As weareunabletoquantifysuch line itemsthatwouldberequiredtoincludedinthecomparable GAAP financialmeasureforthefutureperiod Noninterest expense(excludingexpenses relatedtononcontrollinginterests)isanon-GAAP measure,whichrepresentsnoninterestexpense,but excludesexpensesattributable release forfurtherinformationregarding thecalculationandlimitationsofthismeasure. believe suchreconciliationwould implyadegreeofprecisionthatwouldbeconfusingormisleading toinvestors.See"UseofNon-GAAP Financial Measures"attheendofthis presented withoutunreasonable efforts, noreconciliationfortheoutlookofnon-GAAP corefeeincometoGAAP noninterestincomeforfiscal2017isincludedinthisrelease, aswe conditions beyondourcontrol. As weareunabletoquantifysuch lineitemsthatwouldberequiredtoincludedinthecomparable GAAP financialmeasureforthefutureperiod Core feeincomeisanon-GAAP measure,whichrepresentsnoninterestincome, butexcludescertainlineitemswhereperformanceistypically subject tomarketorother described under the section"Forward-LookingStatements". cash intoinvestment securities.Suchforecastsare subjecttochange,andactualresults maydiffer, basedonmarketconditions, actualprepaymentratesand otherfactors Our outlookfornet interestincomeandnet marginisbasedprimarilyonmanagement's currentforecastofaverage depositandloanbalances anddeploymentofsurplus 2. 1. Non-interest expense (excluding expenses Q3 2018 Key Challenges Non-GAAP measure management's assumptions andforecastsregarding thisoutlook. As of related tonon-controlling interests) • • • 10/25/2018 Corporate andFinancial Results Overview Market anxiety (rising interestrates,slowing globaleconomies,Market etc.) (rising anxiety Impact ofabundant market liquidityon technologyloangrowth Competition frombanks andnon-banks Preliminary non-controlling interests) preliminary Net loancharge-offs Net interestincome (subjecttochange), assumesnorateincreases, please seeourmostrecentFinancial Releaseandearningscalltranscript forcompleteinformation on Net loancharge-offs Business Driver Net interestincome Average deposits Core fee income Average deposits Core fee income Average loans Business Driver Average loans 2 2 outlook outlook 2018 FullYear Outlookvs. 2017 Full 2019 FullYear Outlookvs. 2018FullYear Expected Increase atapercentage ratein Increase atapercentage ratein Increase atapercentage ratein Increase atapercentage ratein Increase atapercentage ratein Between 0.30%-0.50% ofavg. (as of the highteenstolowtwenties 1 the mid-teenstohighteens Between 0.20% and0.40% ofavg. Increase atapercentage ratein Increase atapercentage ratein Increase atapercentage ratein Increase atapercentage ratein Increase atapercentage ratein the lowdoubledigits the highsingledigits total grossloans 10/25/2018 Year Results the mid-teens the highsingledigits total grossloans the highteens the midteens the midteens the midteens Results ) 15 SVB 2014 4:3

◦ ◦ ◦ Target Outcomes as onboarding processes, such speed key Streamline and meaningful ways clients inmore engage with Enable usto Through systems, tools,processes, analytics andpeople and support our growth Investing to improve operating leverage Enhance Client Lower expense ratein2020 growth andbeyond and implementation ofscalablesolutions Improved operatingleverage for withnew opportunities Expanded productofferings Experience Q3 2018 Corporate andFinancial Results Overview activities value add spent onnon- Minimize time performance optimize their Help employees Enablement Employee Improve throughtransformation ofkey businessprocesses frameworks governance quality and Enhance data organization issues acrossthe resolution of effective timely,Support Enhance Risk Management revenue growth term overlong growth of efficiency Improve efficiencies Optimize cost Drive Scalable Drive Long-term Growth Growth Advisory Bank andWealth Expand Private Canada to Germanyand Extend platform platform across the penetration Improve product client needs address evolving to offerings Expand product Drive RevenueDrive Growth 16 SVB 2014 4:3

Q3'18 Healthcare and Private Bank Healthcare andPrivate Equity, by Private primarily driven Growth Life Science/ Q3 2018 Corporate andFinancial Results Overview Billions $ $ $ $ : Average loansgrew 2 3 2 1 0 0 5 5 Q $ $ 2 2 3 1 2 ' 1 . . 6 2 7 A v e r a g Q $ $ e 2 2 4 l 2 o 3 ' 1 . . a 4 1 7 n s $ Q $ 2 2 1 4 3 ' 1 P . . 8 8 6 e 5.9% r i o d - e n $ Q $ d 2 2 2 l 6 4 ' o 1 . . a 0 9 8 n s Q $ $ 2 2 3 6 7 ' 1 . . 5 8 3 17 SVB 2014 4:3

W $ 0 3 i P n % . A diversified loanportfolio 9 r e i v a t e Q3 2018 B $ 1 a 3 1 n Gross Loans: V . P % 0 k Corporate andFinancial Results Overview e r i n v t a u $ 4 t r 1 e e 8 3 E % C . O 4 q $ a t u p 0 h 1 i i . e t % t 4 y r a / l 3 $27.7 billion S I o n f 2 $ t t e 6 3 w r % . a n 3 r e e t 1,2 / Life Science/ Healthcare $2.4, 9% $2.4, $1.3, 5% Hardware Technology andLife Science/Healthcare Only 3) 2) 1) Primarily capitalcalllinesofcredit Primarily loans) inourearnings releasesandourForm 10-Kand10-Q reports. Bankincludes loansdesignatedasConsumerPrivate Loans (includingreal estatesecured As of 9/30/2018 $10.0 billion ; grossloansdonot includedeferred fees andcosts. Sponsored Buyout Non-Early Stage Balance Sheet Early Stage $2.4 $1.6 $2.2 $1.4 $2.4 Other ( ( ( ( ( ( 8% 6% 9% 5% 9% 37% ) ) ) ) ) ofGrossLoans) is asset-based lending Investor-dependent 2 Investor-dependent 1 Cash flowdependent2 Cash flowdependent1 covered by current Cash flowandhybrid Revenue: $0-$5M Revenue >$5M Balance-sheet assets; dependent $1.0B 18 1 SVB 2014 4:3

Our loan portfolio has evolved over time • Private Equity has driven the majority of recent growth, although we have seen growth in all niches • Our Private Equity portfolio has historically been characterized by lower yields (relative to the rest of our portfolio) and high credit quality Loans, net of unearned income o 12% i l $30 12% o f 11% $27.5 t r 10% $26.0 o $24.6 $1.3 p $25 10% n 9% 9% $23.1 $1.3 $2.3 a $1.3 $2.1 o 8% 8% $1.2 $3.0 l $19.9 $1.9 f $20 $1.8 $2.9 8% o $2.7 s $1.2 $16.7 $2.6 % n $1.9 $6.3 s o a i $14.4 $6.2 l $15 $1.1 6% l $2.2 $6.2 s i $1.7 $6.2 6% 6% 6% n B $1.1 $10.9 $1.3 $1.8 a o $10 $8.9 $1.3 $5.6 4% l $1.2 e $7.0 $1.2 $5.4 g $1.1 $1.0 $5.0 a $5.5 $5.5 $1.1 $12.2 $13.4 t $4.5 $0.8 $11.2 s $5 $4.1 $10.0 2% - $0.7 y $3.3 $7.7 l $0.6 $2.5 $4.6 $5.5 r $1.7 $1.4 $1.8 a $2.4 E $0 $1.1 $0.9 $1.0 $1.1 $1.7 0% 08 09 10 11 12 13 14 15 16 17 18 18 18 20 20 20 20 20 20 20 20 20 20 31/ 0/ 0/ 3/ 6/3 9/3 Private equity/venture capital Hardware Software/internet Premium wine Private Bank Other Life science/healthcare Early-stage loans as % of loan portfolio Q3 2018 Corporate Overview and Financial Results 19

Large loan concentration in Private Equity capital call lines, which have a history of zero credit losses Capital call lines have maturities of less than a year and are secured by contractual capital commitments and the invested assets of the fund borrowers. Gross loans to any single client equal to or greater than $20 million $13.9 $14 $12 $10.5 $2.3 $10 $8.9 s n $8 $2.2 o $6.8 i l l $6.2 i $1.9 B $6 $4.3 $1.9 $9.5 $4 $3.2 $1.9 $6.8 $2.1 $5.3 $2 $1.6 $1.3 $1.0 $1.3 $1.1 $3.1 $3.6 $0.7 $1.0 $1.5 $0 $0.5 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 9/30/18 Private equity/venture capital Private Bank Software/internet Premium wine Life science/healthcare Other Hardware Q3 2018 Corporate Overview and Financial Results 20

Q3'18 Q3 2018 federal statutory tax rate of 35 percent for periods prior to2018and 21 percent forfederal tax rateof35percentprior 2018 statutory for periods * Net interest income ispresentedon afully taxableequivalent basistoconsistently andtax-exempt income reflect from taxableloansandsecurities basedon the securities Millions $ $ $ 4 6 2 Corporate andFinancial Results Overview 0 0 0 $ 0 0 0 0 2 5 Q N $ Higher average loanandinvestment balances andhigher interest . . 9 0 3 e 7 : Net interest income grew ' t 5 0 0 0 . i % % 2 n 8 t e r Q e s 3 t ' 0 i n 9 c o rates drove netinterestincome increase m Q e 3 * ' 1 0 Q 3 ' 1 1 N e Q t 3 i ' n 1 t 2 e r e s Q t 3 m ' 1 a 3 r g i n Q 3 ' 1 4 Q 3 ' 1 5 5.9% F e d e Q r 3 a ' l 1 F 6 u n d Q s 3 t ' a 1 r 7 g e t Q r a 3 t ' e 1 0 3 6 9 2 3 $ 8 % 4 . . % % % 6 2 9 5 2 6 % % . 1 21 SVB 2014 4:3

Higher rates driving continued margin improvement Interest Rates/Yields Q3 2018 1 0 0 5 % % % * Consolidated loanyields havebeenimpactedbythechange inthemixofourloanportfolio toPE/VC toTechnology loans,whichhavelowerloanyields incomparison andLife Science lending. Corporate andFinancial Results Overview Q 3 ' 0 8 F N Q e e d t 3 e i ' n r 0 a t 9 l e r F e u s n t d m s Q a t 3 a r g r ' 1 g i n e 0 t r a t e Q 3 ' 1 1 Q 3 ' 1 L 1 o 2 M a o n n y t i h e Q l L d I 3 B ' O 1 R 3 Q 3 ' 1 4 2 Q . 5 3 0 ' 1 % 5 3 P r M i v Q o a n 3 t 4 t e ' h 1 . E 4 6 L q I 8 u B i % O t y R / V Q e 3 n ' t 4 1 u 8 r 7 e . 3 C 0 a p % 3 2 i 5 Q t . . a . 3 6 2 3 l ' 5 2 1 1 % % % 8 0 2 5 * 5 0 % % % PE/VC % of Loan Portfolio 22 SVB 2014 4:3

Q3'18 • • Q3 2018 Millions Millions Allowance for loanlosses/total grossloans:at1.03% (vs. in Q2) 1.10% Provision for creditlossesof $ $ $ $ $ $ 1 2 $ 1 $ 1 2 $ 1 Corporate andFinancial Results Overview 0 0 0 0 5 5 $ 5 5 5 0 0 0 0 : Credit quality remained stable $ 0 $ Q 1 0 1 . Q 0 3 1 2 . 9 ' 3 5 . N 5 1 5 ' 6 % 7 o . 1 M 4 % n 7 M - p e r f o r m i n g l N N o $ 0 $ Q a e e 1 0 1 Q . n t t 4 2 2 1 . s 4 c c . 5 ' 3 9 9 / 1 h h ' 1 % t . 1 7 M a a 5 % o 7 r r M t g g a e e l - - g o o $17.2M r f f o N f f s s s o s / n a N l - v o e p e a t e r n r c a s f h g o $ 0 $ a Q 0 e r 1 (vs. $29.1M inQ2) Q 8 . r m 1 . 1 1 t g 1 . 4 ' o 6 5 8 i e 1 ' 7 n 1 t % . M - 8 a 7 % g 8 o l M f l f g o s r a o T n o s s s t a l l o n a o n n s - ( p a $ e $ 0 n 0 Q 1 Q r 1 n . f . 2 2 3 2 2 4 o u 5 ' . 2 ' r a 1 8 5 1 . m % l 8 3 % M 8 i M z i n e g d ) l o a n s $ $ 0 0 Q 1 Q 2 . . 1 0 3 3 3 4 5 ' 0 ' . 2 1 1 0 . 3 % % 8 8 M M 0 0 0 0 0 0 1 . . . . . . . 0 0 2 4 6 0 5 % % % % % % % 23 SVB 2014 4:3

through market cycles History ofhigh credit quality; resilience Five non-dot-com loansdrove - 0 4 2 3 1 1 % % % % % % Q3 2018 (2000: Dot-com bust) 2 1 0 3 increase inNCOs . 0 . 0 0 3 Corporate andFinancial Results Overview 2 7 % 2 % 0 0 1 2 0 0 2 2 0 0 3 2 0 0 4 2 0 N N N 0 e o o 5 t n n - - c 2 p p Five problemloansdrove short- h 0 (2008-2009: Financial Crisis) (2008-2009: FinancialCrisis) e e a 0 lived spike inNPLs andNCOs r r r 6 f f g o o e 2 r r - 0 m m o 0 f i i n n f 7 s g g 2 1 a 0 l l . s o o 0 5 a a % 8 7 n n % s s 2 2 o 0 a . f 0 6 s a 9 4 v % e 2 % r 0 o a f 1 g 0 t e o t t 2 o a 0 l t 1 Post-crisis NCOs remainbelow50bps a g 1 l r g o 2 r s 0 o s 1 s 2 l s o a l 2 o n 0 Corporate Finance loanaddedin a primarily duetofour Sponsored primarily s 1 2016 practice andtwoGrowth n 3 resolved in2016), onenew s 2 NPLs elevatedsince Q2'15 ( 0 Buyout loans(twowere a 1 n 4 loans addedin2017 n u 2 a 0 l i 1 z 5 e d 2 ) 0 1 6 Y T 2 D 0 9 1 / 7 3 0 0 0 $ 1 / . . 1 4 2 8 1 2 2 5 % % . 3 $ $ $ $ 5 1 1 0 0 5 0 0 0 Millions 24 SVB 2014 4:3

A high quality balance sheet $1.2, 2% Other Q3 2018 3) 2) 1) N reconciliations at endofpresentationformoreinformation. Non-marketable securities netofnon-controllinginterests were Net loansrepresents grossloansnetoftheallowance forloanlossesandunearned interestincome.Grossloansat Balances asof e $ 4 Corporate andFinancial Results Overview Period-end assets: t 2 7 l 7 o % . a 2 n s 2 9/30/2018 C $ 7 a 3 % s . securities 8 maturity h Held-to- $7.8B 18% F i s F x e i Non-marketable e s x securities ( c d 1 Investments) $ e A e u $58.1B ( 6 $ 9 c d i F 2 H r $0.9, 1% n u 1 % . i S 7 T 1 i t 5 c r n ) % i M i o . e t c 9 m i s ) o e m e s 3 e (VC $765 million . This isanon-GAAP measure.Please see non-GAAP 2 B o r r o I d b w n e e 1 Period-end liabilities: t 1 $ $ i p e a n 6 5 8 3 o r r g % % . . e i s 3 1 s n i s t g t s - 9/30/2018 O $ b 2 t 1 e h % N . a e 2 o r r were n i n $ - 7 i g 4 n 6 $27.7B 0 d t % e . e 5 r p e o s $53.1B s t i - t s 25 SVB 2014 4:3

Robust balance sheet growth Billions Strong growth inloansandsecurities Strong growth $ $ $ $ $ $ Q3 2018 4 6 5 2 3 $ 1 0 0 0 0 0 0 0 Corporate andFinancial Results Overview $ 2 3 0 9 1 . 4 3 Other assets Net loans VC-relatedNon-marketable (primarily investments) securities securities Held-to-maturity Available-for-sale securities $ 2 4 0 4 1 . 5 7 Assets $ 2 4 0 4 1 . 6 7 $ 2 5 0 1 1 . 7 2 9 $ / 3 5 0 8 / . 1 1 8 Billions Non-interest-bearing deposits= Non-interest-bearing $ $ $ $ $ $ 4 6 5 2 3 $ 1 0 0 0 0 0 0 0 83% $ 2 3 0 5 1 . 4 3 oftotaldeposits Non-interest-bearing deposits Non-interest-bearing Other liabilities Interest-bearing deposits Interest-bearing Borrowings $ 2 4 0 1 1 Liabilities . 5 4 $ 2 4 0 0 1 . 6 9 $ 2 4 0 6 1 . As of 7 9 9 9/30/2018 / $ 3 5 0 3 / . 1 1 8 26 SVB 2014 4:3

Billions A high quality investment portfolio • • • $ $ $ 2 $ 1 $ 1 Q3 2018 0 0 0 5 5 Agency-issued rate collateralized residentialmortgage-backed –variable securities Agency-issued collateralized residentialmortgage-backed –fixed securities rate U.S. agencydebentures U.S. Treasury securities Available lines ofcreditinplaceliquidity toprovideshort-term U.S. Treasuries make up Liquid, fixed-income primarily adurationof3.9years with portfolio $ Corporate andFinancial Results Overview 2 1 0 3 A 1 . 4 v 5 a i l a b $ 2 l 1 e 0 6 - 1 f . o 5 4 r - S a l $ 2 e 1 0 S 2 1 . e 6 6 c u r i t i $ 2 e 1 0 s 1 1 . 7 1 9 22% / $ 3 9 0 . / 1 1 8 ofinvestment portfolio Billions $ $ $ 2 $ 1 $ 1 0 0 0 5 5 Municipal bondsandnotes Agency-issued residentialmortgage-backed securities Agency-issued commercial mortgage-backed securities 2 $ 0 7 1 . 4 H 4 e l d - t 2 o $ 0 - 8 M 1 . 8 5 a t u r i t y 2 $ 0 8 S 1 e . 4 6 c u r i t i e $ 2 s 1 0 2 1 . 7 7 As of 9 9/30/2018 $ / 3 1 0 5 . / 9 1 8 27 SVB 2014 4:3

a risingrate environment ofaliquid, fixed-incomeBenefits portfolio in securities. only comprised Available-for-Sale portfolio AFS certain ourinvestment* InJune 2014, toJune2014, securities Prior securities. were re-designated asHeld-to-Maturity (AFS) securities • • • Q3 2018 Billions Excess cashflows reinvested inmortgage-backedandmunicipal bonds securities Reinvestment significantlyyields yields run-off higher thanportfolio Since Q3'17, average cashflows portfolio of$1.3Bperquarter $ $ $ $ $ 0 4 2 3 1 Corporate andFinancial Results Overview F i x e F d i x i n e c d o Q 1 2 m $ i . . 3 n 1 e 6 5 ' c . c 1 % % 2 o a 7 s m h e f l o p w o s r t f o l i o Q c 3 1 $ a . 4 . 1 3 2 s ' . % % h 1 3 7 f l o w W s e , i g r h u t n e d - o a f v f Q g 1 3 $ . y . . 1 1 y 6 5 i ' i . e 1 % % e 4 8 l l d d s o f a p n u d r c h r a e s i e n s v e Q 3 1 s $ . 2 . t 1 6 7 m ' . 1 % % 3 e 8 n W t e y i i g e h l t d e d s a b v y g . q y Q 1 3 u $ i e . 3 . 1 a 9 5 l ' d . r 1 % % 3 t o 8 e f r c As of a s h f l 9/30/2018 o 0 1 2 3 4 w % % % s % % 28 SVB 2014 4:3

Billions Q3'18 • • • • $ $ $ 1 $ 1 Q3 2018 0 0 5 5 Billions representing $1.8million inadditionalinterestexpense Total depositcostsinitiatives, increased 7bpsduetodepositgrowth Deposit betaremainedlow at25percent Client investment (2.3%) (11.6%)depositgrowth funds growth outstripped Healthy fundingandexit for ourclients activity drove client fundsgrowth $ $ $ 1 $ 1 T S M I $ $ 1 0 5 5 $ n 2 2 7 o w Corporate andFinancial Results Overview o 0 0 0 0 5 5 5 t t e . n a e b e l p y e a T A A A 0 $ : Average total client fundsgrew 7.9% Q $ $ a v Q o $ v v v d m 3 $ 5 9 $ $ . 3 r e t e e e 7 3 1 6 e A 3 5 a 7 1 ' 7 i . a r r r r 1 0 n 5 ' . . l v . p a a a . . . a 3 1 6 3 r 7 2 5 1 e a g g g g o % k g 7 r v e e e s e e a c e i o n i g t h $ r t n d Q $ $ f o e a 1 s d e $ t f 3 5 e g n 4 0 e - 7 T c e i 7 b 7 e p i ' r . 2 o n k n 1 p . 8 . a e o 0 6 t . c 7 t i l s o 4 a f l e n s a t i o l s r e n i - g C e b r t i n c / t $ s e s l e $ $ e Q t s s i t $ 1 i a 6 e 3 - f a 1 s g 1 8 r i b u n 8 4 ' h v n 0 i n 1 . n e t 0 n . . 2 e Q i 8 0 . 4 a d F $ $ g n $ f 5 e o . 4 r o u s 1 5 7 t 1 g f i d n r 2 n ' f . c . . s e 1 4 e d i 1 7 g $ l % Q $ p $ c i 7 s i $ 1 e 3 o d e 7 g 2 8 1 n 9 s e 1 ' s n 9 . 1 t i . p . 2 t . 3 8 8 f o o 3 s u s f n i f t d i $ s $ c Q $ s $ 1 4 e 7 3 2 8 9 0 s ' 8 . P 1 . 5 . 6 . 8 6 e 7 r 0 i Q o $ $ $ . 1 d 1 5 1 7 ' 2 . . . 1 E 0 5 8 % C T M 8 n i o d o m s i n 0 0 0 0 0 n t 0 e e . . . . . g . o 0 4 5 2 3 1 d y f % % % % % % e m i p n a o t r e s k 0 0 r i Q t e e . . 3 s 1 1 t s ' 2 2 0 Q 1 t d $ % % $ - $ 7 . e 2 b 6 1 1 7 S C p ' e 2 . . . 1 o p 8 0 0 o a % 8 s r r s 0 0 e t Q i i a . . o n 4 t 1 1 d f s g 2 3 ' 1 d o % % Y 7 d e n i p e e c o l p l d i s o e 0 0 / i Q t R n s . . s 2 1 1 t i a t ' 0 4 t i 1 s n e % % 8 0 v 0 Q $ $ $ e . . 3 2 s 3 1 6 8 t ' 0 1 . . . m 1 0 0 % 2 3 Q % 8 e . 2 1 n ' 7 1 t % 8 f e e s 0 0 Q . . 3 3 1 ' 8 8 1 % % 8 29 SVB 2014 4:3

Robust client liquidity over past 5years clients, and healthy pace ofnewcore client acquisition(especially early-stage Strong venture-capital and private equity funding, equity solid exitStrong venture-capital for andprivate our activity Q3 2018 Billions $ $ $ $ 1 $ $ 1 $ 1 Corporate andFinancial Results Overview 0 4 4 6 8 2 2 $ 0 0 0 0 0 0 0 0 2 clients), equity haveclient funds growth driven and private $ $ 0 $ $ 3 2 1 5 7 0 0 4 8 A r A A A . 9 o . . . v v v v 0 4 4 u e e e e n r r r r a a a d a g g g i g n 2 e e e $ $ $ g 0 e $ o n i 3 7 2 n 1 8 f o T 9 5 t 5 f 7 n e - . o . . b . 5 i r 8 5 t 2 n a e a t l s e l a t r n - C e b 2 c l s e $ e 0 $ $ i t $ a e 4 8 - 1 3 s r b 7 n h 6 i 3 1 2 e . n e t 6 . . . a g e 2 4 2 F r t i d u n c e n g l p i d e 2 o d $ $ $ n 0 s s e $ 9 t 3 5 i p Y 1 t 7 f 4 5 1 o 7 s T u . s 5 . D . . n 5 2 i 3 t d 9 s s / 3 0 $ $ $ $ / 1 3 1 7 1 8 8 9 1 9 . . . 3 . 8 5 6 0 0 0 0 0 0 0 0 . . . . . . . . 0 0 2 3 1 2 3 1 0 0 0 0 5 5 5 5 % % % % % % % % 2 0 0 0 . 1 . 0 4 1 5 5 % % S C o p s r 2 0 0 e t 0 a . . o 1 0 0 d f 5 Y 6 6 d o i e n e % % p l c o d l i s / e 2 i 0 R t n 0 s . t 1 a 0 i 6 t n e 7 0 v 0 % e . . s 1 0 t 2 m 2 7 % e 0 % n Y 1 t T 7 f D e 0 e 9 . s / 1 3 1 0 0 / % 1 . 8 3 0 0 % . 1 7 % 30 SVB 2014 4:3

Expanding international business activity $11.5B $3.0B Q3 2018 international international deposits* Corporate and Financial Results Overview loans* * management segment view and does not tie to regulatory definitions for foreignmanagement exposure anddoesnottietoregulatory segmentview Includes average Israel loananddepositbalances for andAsia internationaloperations inU.K., for Hong Kong Germany Location Canada Israel China U.K. Branch application inprogress Beijing, Shanghai,Shenzhen) Business development office Business development and Business development and (joint venture,in (joint offices SPD Silicon Valley Bank Representative office representative office representative office Full service branch Full service Description (Beijing) Q3'18 ; thisisa opened 2008 2005 2018 2012 2012 2013 Year TBD 31 SVB20144:3

early-stage over time charge-offs Net warrant gains have more thanoffset Q3 2018 Millions - $ $ $ $ - 2 1 1 $ $ 1 0 0 0 5 5 5 $ Corporate andFinancial Results Overview 0 0 0 0 0 0 0 2 0 $ ( 0 3 $ 2 ) ( 1 2 3 0 $ ) 0 8 3 $ ( 2 1 0 ) $ 0 3 4 $ 0 2 Aggregate warrantgainsnetofearly-stage losses 0 $ 0 3 5 $ ( C E N 2 2 $ a ) u e 0 2 r m t 0 l 2 y g 6 $ u - a ( l s a 7 i t 2 n $ t ) a 0 i s 2 g v 0 3 $ o e e 7 ( n n n 1 e e e 2 0 $ q 0 t t ) 1 u 0 c g 1 $ h i 8 a (2002 -2018) t ( a i y 1 n r 2 6 g w s 0 ) e ( a 0 - w $ r 9 o r ( a f a 5 f r n s 2 8 r t a 0 $ ) n 7 a 1 0 $ t s s ( s 2 e l 3 e t 2 $ s ) s 0 3 s 1 1 7 $ e ( a 1 r 2 $ ) l 0 y 1 1 - 9 $ s 2 ( t 2 a g 1 2 $ ) e 0 4 1 6 $ N 3 ( C 2 O 2 6 $ s 0 ) 7 ) 1 $ 4 1 ( 3 2 0 0 $ ) 1 7 1 5 $ ( 1 2 2 $ 0 ) 1 3 8 6 $ ( 4 Y 2 5 T $ 0 ) 5 D 1 5 $ 9 7 ( / 3 3 $162M 5 0 $ ) / 7 1 2 8 $ ( 2 4 ) 32 SVB 2014 4:3

Investment securities andwarrant gains Q3 2018 Millions 3. 2. 1. $ $ $ $ 1 $ $ 1 $ 1 0 Roku equitywarrants. Thetotalnetgainsfromourinvestment inRokuwerenearly $46million. netofnon-controlling interestsincluded$22.2millionof lossesfromthesalesofshares ourexercised of2018lossesoninvestment securities thefirstquarter During This isanon-GAAP measure. Pleaseseenon-GAAP reconciliations atend ofpresentationfor more information. onourability toselltheunderlyinglegal andcontractual securities. restrictions things, performance oftheunderlying portfoliocompanies, investordemandforintheunderlying IPOs,fluctuations valuation ofthesecompanies, levelsofM&Aactivity, and valuations (fairvalues) arecurrently unrealized,andtheextent towhichsuchgains(or losses)willbecome offactors, includingamongother realizedissubjecttoavariety portfolioas wellasourequitywarrantassetsresultingfromchanges in The gains(or fromournonmarketable andotherequitysecurities losses) frominvestmentsecurities 4 4 6 8 2 2 Corporate andFinancial Results Overview 0 0 0 0 0 0 0 n N N e o e t t n 2 o - g 0 $ $ G f a 1 3 7 A n i 4 1 0 n A o . s . n 0 P 7 o - n c n o e 2 e n t 0 $ $ q t g 1 7 5 r u 5 1 a o 7 i . i . l t 0 n 3 l y i s n w o g 2 a n 0 $ $ i r n 1 4 3 i r n t 6 a 3 7 e v n . . r 9 4 e t e s a s t s t m 2 s s $ 0 $ 2 e Y e 5 1 3 t T n 4 7 5 s D t . . s 4 9 6 e / c 3 u 0 $ $ r / i 4 1 7 t 8 2 i 8 e . . 4 s 1 Millions $ $ $ $ $ - 4 5 2 3 $ $ 1 5 5 5 5 5 5 5 s N N e o e c t n u $ Q - g $ r G 2 3 a i 9 4 t A i ' i . 1 n . A 7 e 9 7 s s P o n n n e Q e $ $ t e t 1 4 8 q o g 2 ' . u f 1 a . 0 1 i n 7 i t n o y s n w - ( Q $ - c l a $ 1 o 1 o r 3 9 ' s n r 1 . s . a 8 t 2 8 2 e r n o s 3 t ) l a l $ Q o i $ s n 2 n 1 s 2 g 6 e 9 ' i 1 t n i . . 1 4 n s 8 1 v t e e s r t Q $ $ e m 2 3 s 3 t 5 4 e ' s 1 n . . 6 8 1 t 33 SVB 2014 4:3

fees duetohigherclient fundbalances andrateincreases by higherclient investment primarily driven Strong growth Q3'18 Q3 2018 Millions $ $ 1 $ 1 0 5 5 $ Corporate andFinancial Results Overview 0 0 0 0 T L F Q $ o e o 7 n r t 4 a e : Corefee income grew 7.0% 2 d ' l i 1 . i g 7 n 5 c n o g r e r e x e Q $ f c l e a h 7 1 e t a 6 ' e 1 n i . d 6 n 5 g c f e e o f e m e s Q $ e e 7 s 2 * 4 ' 1 . 6 5 $ Q 8 3 0 ' 1 . 6 5 C C $ Q 8 l r 4 i e 4 e ' d 1 n . i 6 6 t t i c n a v r e $ d Q s 8 1 f t 2 e ' m 1 . e 6 7 e s n t f e Q $ e 8 2 s 7 ' 1 . 3 7 $ Q 1 3 0 ' 2 1 . 7 7 $ Q 1 L D 4 0 e e t ' 6 p 1 t o e . 7 4 r s s i t o s $ f Q e 1 c r 1 1 r v ' 5 e 1 i . d c 8 0 e i t / c S h $ t a Q a 1 $ $ $ $ r $ 2 $ n g 2 3 1 2 1 2 ' 8 d e 3 0 1 9 4 9 3 b s . 8 1 y L O $ Q C 1 $ $ $ $ $ 3 $ 3 2 2 3 3 1 ' 8 1 1 0 4 6 3 1 . 8 7 34 SVB 2014 4:3

A history ofstrong core fee income growth • • investment fundbalances andrateincreases Higher client investment duetohigherclient feeinrecent growth quarters Strong FX volumein2017 growth partiallyby offset lower competitive spreads Q3 2018 Millions $ $ $ $ 4 2 3 1 0 0 0 0 $ Corporate andFinancial Results Overview 0 0 0 0 0 T L F o e o n r t a e d l i i g n c n o g r e r e x e 2 $ f c l e 0 a 2 h e t 1 a 1 e 0 n 4 i d n g c f e e o f e m e s e e s * 2 $ 2 0 6 1 5 5 C C l r i e e d n i t t i c n a v r e d s f t e m e e s 2 $ n 0 3 t 1 1 f 6 6 e e s 2 $ $ $ $ $ $ $ 0 3 1 5 4 5 2 7 L D 1 7 1 9 e 6 9 7 3 e 6 9 7 t p t o e r s s i t o s f e c r r v e i d c e i t Y / c S h T t D a a r $ $ n $ $ $ 9 $ g $ 3 1 d 6 8 5 2 e 3 / 0 7 3 b 6 s 5 9 9 1 0 1 0 y / L 1 O 8 C 35 SVB 2014 4:3

Performance and growth driving non-interest expense Revenue and growth investment initiatives: • Client experience • People (staffing, enablement, performance-based incentive compensation) • Infrastructure improvements (banking, risk & compliance) Compensation and Benefits Expense Other Noninterest Expenses 2,623 2,396 2,225 $404 2,004 1,815 $606 $346 $338 $185 $543 $120 $514 $307 $474 $153 $291 $150 $105 $91 s $409 $138 $42 s $97 n $77 n o i o l $121 $36 i l $40 $48 l i $145 l i M $120 $155 $40 $40 $41 M $40 $ $122 $30 $72 $101 $277 $35 $58 $244 $235 $66 $214 $50 $52 $187 $122 $112 $94 $83 $95 2014 2015 2016 2017 YTD 9/30/18 2014 2015 2016 2017 YTD 9/30/18 Salaries/wages and other Incentive comp. plans employee comp. Professional svcs. Premises & equip. Other employee Avg. full-time equivalent Net occupancy Business dev. incentives/benefits employees Other expenses* * Includes costs for FDIC and state assessments, correspondent bank fees, lending and other client-related processing, telephone, data processing and Q3 2018 Corporate Overview and Financial Results other expenses; please see our quarterly filings for more information. 36

driven by strong revenue growth Efficiency ratio has trended downover time, * Q3 2018 Billions $ $ $ $ $ controlling interests andnon-GAAP efficiency ratioexcludetheimpactof non-controllinginterests. These arenon-GAAP measures.Pleaseseenon-GAAP reconciliationsatendofthispresentationformoreinformation.Non-GAAP non-interestexpensenetofnon- 0 2 0 1 1 . . . . . 0 0 0 Corporate andFinancial Results Overview 5 5 $ 1 . 2 56.3% 2 0 1 4 $ 0 . 7 N N N o o o n n n - - - G G G A A A $ A A A 53.8% 1 P P P . 4 o n t 2 a p o x 0 n e a 1 r - b i a 5 n l $ t e t i 0 n e e . r g 8 q e e u s f t i f v e i a c x i l p e e e n n $ n t c 1 y s r e . e 53.7% r 6 , v a 2 n e t 0 i n e o 1 t u 6 * e o $ , f 0 n n . e o 9 t n o - c f o n n o t n r o $ - c l 2 l o i . n n 0 51.8% t g 2 r 0 o i n 1 l l t 7 i e $ n r 1 g e . s i 0 n t s t * e r e s t s * $ Y 1 T . D 9 46.0% 9 / 3 0 $ / 0 1 . 8 9 4 4 5 5 6 2 6 0 4 8 % % % % % 37 SVB 2014 4:3

growth, higherinterestrates andlowergrowth, taxes duetostrongbalance sheet primarily Increase in2018ROEYTD Above-peer return onaverage equity Q3 2018 2. Annualized the averageofour peergroupbasedonthemost recent datafromSNL Financial. 1. “Peers”referstopeergroupas reportedinourproxystatementsspecifictotheyearsand aresubjecttochangeonanannualbasis.PeerROEis 2 1 Corporate andFinancial Results Overview 0 0 0 % % % 1 8 0 2 . . 0 9 4 8 1 6 4 % % 1 8 1 2 . . 0 1 1 7 1 8 % 5 % S V B R O E 1 8 0 2 . . 0 8 9 3 1 0 6 % % P e e r s 1 1 9 2 2 . . 0 7 3 7 1 8 % 7 % Y T 2 D 1 0 2 9 . . 6 5 / 3 7 6 0 % % / 1 8 2 38 SVB 2014 4:3

We expect rising rates to benefit us significantly, with less downside rate sensitivity We estimate that each 25 bps increase in short-term rates to contribute approximately $65 million to Net Interest Income* % Change in Base Case Drivers Changes in Net Interest Income 1) Impact of short-term rate changes on: market as of interest rates • Reinvestment cash flow from fixed (basis points) 12/31/2017 9/30/2018 income securities • Variable rate loans and investments +100 13.3% 12.7% 2) Balance sheet growth and -100 (15.7)% (12.9)% composition: • Large non-interest bearing deposit Primary benchmark indices: funding base • Federal Funds target rate • Strong loan growth in 2018 • 1-month LIBOR • 3-month LIBOR * As reported in our sensitivity analysis included in our Q3'18 Form 10-Q 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 September 30, 2018. 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 competition; fluctuating business conditions and impact of strategies taken by management to mitigate these risks. Q3 2018 Corporate Overview and Financial Results 39

Complex regulatory environment As a growing global, commercial bank with a holding company structure, we face a complex regulatory landscape. We have ongoing investments in regulatory and compliance infrastructure -- people, processes and systems -- with focus on the following areas: • Program enhancements in areas including ◦ Risk Management ◦ BSA/AML ◦ Compliance • Current Expected Credit Loss (CECL) implementation Q3 2018 Corporate Overview and Financial Results 40

We are well capitalized: SVBFG capital ratios 2) 1) Tangible commontotangible equity These arenon-GAAP measures. Pleaseseenon-GAAP reconciliationsat endofthispresentationformore information. are asreportedin ourmostrecentquarterlyearnings releases. All ratios,except TCE/TA and TCE/RWA, areasreportedinourmostrecentbank holdingcompanyconsolidatedreportsonFormFR Y-9C. TCE/TA and TCE/RWA ratios Tangible commontorisk- equity Q3 2018 Tier 1risk-based capital CET 1risk-based capital Total risk-based capital Corporate andFinancial Results Overview weighted assets Tier 1leverage assets 2 2 12.91% 12.93 13.92 2014 7.74 7.15 - 12.28% 13.84 12.34 12.83 2015 7.63 7.16 12.80% 12.89 13.26 14.21 2016 8.34 8.15 12.78% 13.96 12.97 12.77 2017 8.34 8.16 12.87% 13.06 Q1'18 13.99 12.65 8.67 8.25 12.92% Q2'18 14.03 12.68 13.10 8.34 8.81 13.28% 13.00 Q3'18 14.34 13.45 8.99 8.47 1 41 SVB 2014 4:3

• • • We are well capitalized: bank capital ratios Tangible commontotangible equity $25M inQ1'18, $90M in2017 and$40Min2016 Strong Bankearnings fromBank toSVBFG resultedin$40Mof dividends inQ3'18, $30M inQ2'18, Q1’15 $350M debtraise)increasedbankcapitalratiosacrosstheboard Down-streaming ofcapitalfromholdingcompany (Q2’14 $435Mcommonraise and equity Pressure onTier 1Leverage ratiofromexceptional in2014and2015 depositandtotalassetgrowth 3) 2) 1) Q3 2018 Tangible commontorisk- equity These arenon-GAAP measures. Pleaseseenon-GAAP reconciliationsat endofthispresentationformore information. Basel IIIadopted inJanuary2015 are asreportedin ourmostrecentquarterlyearnings releases. All ratios,except TCE/TA and TCE/RWA, areasreportedinourmostrecentbank holdingcompanyconsolidatedreportsonFormFR Y-9C. TCE/TA and TCE/RWA ratios CET 1risk-based capital Tier 1risk-based capital Corporate andFinancial Results Overview Total risk-based capital weighted assets Tier 1leverage assets 3 3 2 11.09% 2014 11.19 12.12 6.64 6.38 - 12.52% 13.60 12.59 12.52 2015 7.09 6.95 12.65% 13.66 12.65 12.75 2016 7.67 7.77 12.06% 13.04 12.06 11.98 2017 7.56 7.47 11.90% Q1'18 11.90 12.88 11.68 7.69 7.41 11.76% Q2'18 11.76 12.72 11.52 7.39 7.72 11.98% 1 Q3'18 11.98 11.70 12.91 7.44 7.82 42 SVB 2014 4:3

Q3 2018 Reconciliations Non-GAAP Corporate and Financial Results Overview 43 SVB20144:3

Core fee income reconciliationNon-GAAP Non-GAAP corefeeincome Less: othernoninterestincome (loss) Less: netgainsonequity warrantassets Less: gainsoninvestmentsecurities,net GAAP noninterestincome Non-GAAP corefeeincome(dollarsinthousands) Non-GAAP corefeeincome Less: othernoninterestincome Less: netgainsonequitywarrantassets Less: gainsoninvestmentsecurities,net GAAP noninterestincome Non-GAAP corefeeincome(dollarsinthousands) Non-GAAP corefeeincome Less: othernoninterestincome Less: netgainsonequitywarrantassets Less: gainsoninvestmentsecurities,net GAAP noninterestincome Non-GAAP corefeeincome(dollarsinthousands) 2) 1) to deconsolidation ofourinvestmentsinVC-and PE-related funds(ASU2015-02). Amounts priorto December31,2015havenotbeen revisedtoreflecttheretrospective applicationofnewaccounting guidanceadoptedinthesecond quarterof2015related calculation andlimitations ofthismeasure. This isanon-GAAP measure.See“UseofNon-GAAP Financial Measures”attheendofourmostrecentquarterlyearnings releaseforfurtherinformationregardingthe Q3 2018 Corporate andFinancial Results Overview 1 Dec 31, Jun 30, $128,528 $114,506 2017 2015 $87,267 $72,705 2014 12,811 10,820 17,630 12,978 16,384 12,439 $209,631 $572,239 267,023 24,573 71,012 Sep 30, Mar 31, $102,722 $158,778 2017 2016 $76,542 $86,134 Year endedDecember 31, 15,896 24,922 15,238 (4,684 7,670 6,606 2015 $265,382 $472,794 47,004 70,963 89,445 ) 2 Dec 31, Jun 30, $106,396 $152,266 $112,776 2017 2016 $74,454 Quarter ended Quarter ended 17,982 12,123 15,765 23,270 9,963 5,089 2016 $316,170 $456,552 50,750 37,892 51,740 Sep 30, Mar 31, $115,010 $155,518 $144,140 2018 2016 $80,526 12,259 19,191 18,878 21,558 23,178 9,058 2017 $378,963 $557,231 Dec 31, Jun 30, 59,110 54,555 64,603 $123,124 $192,689 $113,502 2018 2016 $84,648 14,390 19,061 36,114 14,239 4,639 9,976 Sep 30,2018 Sep 30, Mar 31, YTD $369,848 $558,277 $131,714 $210,070 $117,659 2018 2017 $82,578 38,671 72,393 77,365 12,022 34,141 32,193 12,421 15,970 6,690 44 SVB 2014 4:3

Non-marketable andother equity securities reconciliationNon-GAAP Total non-marketableandotherequitysecurities Investments inqualifiedaffordablehousing projects,net Non-marketable securities(equitymethod accounting): Other equitysecuritiesinpubliccompanies Non-marketable andotherequitysecurities(fairvalueaccounting): interests (dollarsinthousands) Composition ofnon-GAAP non-marketableandotherequitysecurities,netofnon-controlling Non-GAAP non-marketable andotherequitysecurities,netofnon-controllinginterests Less: amountsattributabletonon-controllinginterests GAAP non-marketable andotherequitysecurities (dollars inthousands) Non-GAAP non-marketable andotherequitysecurities,netofnon-controllinginterests Other investments China JointVenture Investment Debt funds Venture capitalandprivateequityfundinvestments Investments withoutareadilydeterminablefairvalue Unconsolidated venturecapitalandprivateequityfundinvestments Consolidated venturecapitalandprivateequityfundinvestments * Q3 2018 and limitationsof thismeasure. See “UseofNon-GAAP Financial Measures”attheendofour mostrecentquarterlyearnings release forfurtherinformationregarding thecalculation Corporate andFinancial Results Overview * Sep 30,2018 Sep 30,2018 $765,254 $765,254 $896,249 261,706 208,953 130,995 $32,609 50,318 75,314 76,035 29,825 25,253 5,241 45 SVB 2014 4:3

Net gains (losses)oninvestment securities reconciliationNon-GAAP noncontrolling interests Non-GAAP netgainsoninvestmentsecurities,of including carriedinterest Less: incomeattributabletononcontrollinginterests, GAAP netgainsoninvestmentsecurities (dollars inthousands) Non-GAAP netgains(losses)oninvestmentsecurities noncontrolling interests Non-GAAP netgainsoninvestmentsecurities,of including carriedinterest Less: incomeattributabletononcontrollinginterests, GAAP netgainsoninvestmentsecurities (dollars inthousands) Non-GAAP netgains(losses)oninvestmentsecurities 2) 1) to deconsolidationofourinvestments inVC-andPE-relatedfunds(ASU2015-02). Amounts priortoDecember31,2015 havenotbeenrevisedtoreflecttheretrospectiveapplication of newaccountingguidanceadoptedinthesecondquarter2015 related calculation andlimitationsofthis measure. This isanon-GAAP measure.See“UseofNon-GAAP Financial Measures”attheendofourmostrecentquarterlyearnings releaseforfurtherinformationregardingthe Q3 2018 Corporate andFinancial Results Overview 1 Sep 30, $267,023 2014 2017 236,294 $15,238 30,729 $9,742 5,496 Year endedDecember 31, Dec 31, 2015 2017 $89,445 $15,765 57,330 32,115 $8,001 7,764 2 Quarter ended Mar 31, 2016 2018 $51,740 $(3,847) 43,428 12,905 $9,058 8,312 Jun 30, 2017 2018 $64,603 $26,442 $36,114 35,416 29,187 9,672 Sep 30, Sep 30, 2018 YTD 2018 $48,147 $77,365 $25,552 $32,193 29,218 6,641 46 SVB 2014 4:3

Bank only TCE/TA andTCE/RWA Consolidated (SVBFG) TCE/TA andTCE/RWA reconciliationNon-GAAP Capital ratios Tangible commonequity torisk-weighted Tangible commonequity totangible Risk-weighted assets(RWA) Tangible assets(TA) Tangible commonequity(TCE) except ratios) tangible assets(dollarsinthousands, Non-GAAP tangiblecommonequityand assets Tangible commonequitytorisk-weighted assets Tangible commonequitytotangible Risk-weighted assets(RWA) Tangible assets(TA) Less: Intangibleassets GAAP Total assets Tangible commonequity(TCE) Less: Intangibleassets GAAP SVBFGstockholders’ equity except ratios) tangible assets(dollarsinthousands, Non-GAAP tangiblecommonequityand calculation andlimitations of thismeasure. * See“UseofNon-GAAP Financial Measures”attheendofourmostrecentquarterly earningsreleaseforfurtherinformationregardingthe Q3 2018 Corporate andFinancial Results Overview * $21,450,480 $37,607,973 $21,755,091 $39,337,869 $39,337,869 $2,399,411 $2,813,072 $2,813,072 2014 2014 11.19 12.93 6.38 7.15 — — % % % % Year endedDecember 31, Year endedDecember31, $24,301,043 $44,045,967 $25,919,594 $44,686,703 $44,686,703 $3,059,045 $3,198,134 $3,198,134 2015 2015 12.59 12.34 6.95 7.16 — — % % % % $26,856,850 $44,059,340 $28,248,750 $44,683,660 $44,683,660 $3,423,427 $3,642,554 $3,642,554 2016 2016 12.75 12.89 7.77 8.15 — — % % % % $31,403,489 $50,383,774 $32,736,959 $51,214,467 $51,214,467 $3,762,542 $4,179,795 $4,179,795 2017 2017 11.98 12.77 7.47 8.16 — — % % % % $33,396,675 $52,622,450 $34,903,720 $53,500,787 $53,500,787 $3,900,094 $4,415,446 $4,415,446 Mar 31, Mar 31, 2018 2018 11.68 12.65 7.41 8.25 — — % % % % $35,326,564 $55,035,371 $36,727,118 $55,867,745 $55,867,745 $4,068,918 $4,657,653 $4,657,653 Jun 30, Jun 30, 2018 2018 11.52 12.68 7.39 8.34 — — % % % % $36,424,091 $57,245,029 $37,889,139 $58,139,734 $58,139,734 $4,260,685 $4,924,369 $4,924,369 Sep 30, Sep 30, 2018 2018 11.70 13.00 7.44 8.47 — — 47 % % % % SVB 2014 4:3

2) 1) and excludingonetimeadjustments Non-GAAP noninterestincome,netofnoncontrolling interests Less: net(losses)ontheSVBIFsaletransaction Non-GAAP noninterestincome,netofnoncontrolling interests carried interest Less: incomeattributabletononcontrollinginterests,including GAAP noninterestincome interests (dollarsinthousands) Non-GAAP Non-interestincome,netofnon-controlling interests Non-GAAP non-interestincome,netofnon-controlling including carriedinterests Less: incomeattributabletonon-controllinginterests, GAAP non-interestincome interests (dollarsinthousands) Non-GAAP non-interestincome,netofnon-controlling Non-interest income reconciliationNon-GAAP PE-related funds (ASU2015-02Deconsolidation). Amounts priortoDecember 31,2015havenotbeenrevisedfortheadoptionof accountingguidancerelatedtoourinvestmentsinVC- and calculation andlimitations of thismeasure. See “UseofNon-GAAP Financial Measures”attheendofourmostrecentquarterly earningsreleaseforfurtherinformationregardingthe Q3 2018 Corporate andFinancial Results Overview 1 2 Sep 30,2017 $158,778 2014 $352,549 $338,615 $572,239 153,164 233,624 (13,934 5,614 ) Dec 31,2017 2015 $152,266 $441,058 $441,058 $472,794 144,523 31,736 7,743 Year ended 2 — Quarter ended Mar 31,2018 $155,518 2016 $448,513 $448,513 $456,552 142,494 13,024 8,039 1 — Jun 30,2018 $192,689 2017 $527,779 $527,779 $557,231 183,244 29,452 9,445 — Sep 30,2018 Sep 30,2018 $210,070 $529,116 $529,116 $558,277 YTD 203,378 29,161 6,692 — 48 SVB 2014 4:3

Non-GAAP operatingefficiencyratio GAAP operatingefficiencyratio interests Non-GAAP taxableequivalentrevenue,netofnoncontrolling GAAP totalrevenue and excludingonetimeadjustments Non-GAAP noninterestincome,netofnoncontrollinginterests GAAP noninterestincome noncontrolling interests Non-GAAP taxableequivalentnetinterestincome, netof Less: incomeattributabletononcontrollinginterests Non-GAAP taxableequivalentnetinterestincome Adjustments fortaxableequivalentbasis GAAP netinterestincome Non-GAAP noninterestexpense,netofnoncontrolling interests Less: amountsattributabletononcontrollinginterests GAAP noninterestexpense (Dollars inthousands,exceptratios) 2) 1) Non-GAAP operatingNon-GAAP efficiency ratio, net ofnon-controlling interests reconciliationNon-GAAP reported separately asacomponentofnoninterest expense. loan lossesandprovision forunfundedcreditcommitments togetherasour“provision forcreditlosses”.Inpriorperiods, ourprovisionforunfundedcredit commitmentswere Our consolidatedGAAP noninterestexpensesweremodifiedfrompriorperiods’ presentation toconformthecurrentperiod'spresentation,whichreflectsour provisionfor measure. See “UseofNon-GAAP FinancialMeasures”attheendofourmostrecentquarterly earningsreleaseforfurtherinformationregardingthecalculation andlimitationsofthis Q3 2018 Corporate andFinancial Results Overview 2 $ $ $ $ $ $ $ $ $ 1,210,800 1,428,834 2014 352,549 572,239 858,251 858,284 856,595 681,802 700,669 18,867 56.31 49.04 1,689 33 % % $ $ $ $ $ $ $ $ $ Year endedDecember31, 1,449,039 1,479,219 1,007,981 1,007,989 1,006,425 2015 441,058 472,794 779,134 779,962 53.77 52.73 1,564 828 8 % % $ $ $ $ $ $ $ $ $ 1,600,173 1,607,075 1,151,660 1,151,726 1,150,523 2016 448,513 456,552 859,273 859,797 53.70 53.50 1,203 524 66 % % $ $ $ $ $ $ $ $ $ 1,951,191 1,977,600 1,423,412 1,423,445 1,420,369 1,009,842 1,010,655 2017 527,779 557,231 51.76 51.11 3,076 813 33 % % $ $ $ $ $ $ $ $ $ Jun 30,2018 1,914,864 1,937,805 1,385,748 1,385,777 1,379,528 YTD 529,116 558,277 880,252 880,601 45.97 45.44 6,249 1 349 29 % % 49 SVB 2014 4:3

Q3 2018 Find Find Find moleary@svb.com T 408 654 6364 M 650 255 9934 9934 255 650 M 6364 654 408 T 3005 Tasman 95054 CA 3005 Clara, Drive Santa Head of Investor Relations Investor of Head MeghanO’Leary SVB SVB Corporate andFinancial Results Overview on LinkedIn, Facebook and Twitter and Facebook LinkedIn, on onLinkedIn, Facebook and Twitter 50 SVB 2014 4:3