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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 BJHzOAE1/xxzZwOlXqit2EzrG19QAVryJKM9EwdlQl/P61ikjSDKVL+AK5JKNp+a
 jtT2e/36Z6Y5yhmyMGucRQ==

<SEC-DOCUMENT>0001245313-06-000064.txt : 20060601
<SEC-HEADER>0001245313-06-000064.hdr.sgml : 20060601
<ACCEPTANCE-DATETIME>20060601155012
ACCESSION NUMBER:		0001245313-06-000064
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060601
FILED AS OF DATE:		20060601
DATE AS OF CHANGE:		20060601

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SVB FINANCIAL GROUP
		CENTRAL INDEX KEY:			0000719739
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				942856336
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		3003 TASMAN DR
		CITY:			SANTA CLARA
		STATE:			CA
		ZIP:			95054
		BUSINESS PHONE:		4086547400

	MAIL ADDRESS:	
		STREET 1:		3003 TASMAN DRIVE
		CITY:			SANTA CLARA
		STATE:			CA
		ZIP:			95054

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SILICON VALLEY BANCSHARES
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FRIEDMAN JOEL P
		CENTRAL INDEX KEY:			0001232920

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15637
		FILM NUMBER:		06880066

	MAIL ADDRESS:	
		STREET 1:		C/O ACCENTURE LEGAL & COMMERICAL GROUP
		STREET 2:		23RD FL 161 N CLARK STREET
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60601
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-06-01</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000719739</issuerCik>
        <issuerName>SVB FINANCIAL GROUP</issuerName>
        <issuerTradingSymbol>SIVB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001232920</rptOwnerCik>
            <rptOwnerName>FRIEDMAN JOEL P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O ACCENTURE LEGAL &amp; COMMERICAL GROUP</rptOwnerStreet1>
            <rptOwnerStreet2>23RD FL 161 N CLARK STREET</rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60601</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>by self restricted</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <remarks>The restricted stock grant awarded to the reporting person under the Company's 1997 Equity Incentive Plan by action of the Compensation Committee on April 19, 2006, to be granted on May 12, 2006, was ineffective.  Upon stockholder approval of the 2006 Equity Incentive Plan at the Company's annual meeting on May 11, 2006, the 1997 Plan was superseded by the 2006 Plan.  As a result, no new awards could come from the 1997 Plan thereafter.</remarks>

    <ownerSignature>
        <signatureName>Lisa Bertolet as attorney in fact</signatureName>
        <signatureDate>2006-06-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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