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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 lwkb7I1xmaqsa2YcI0RfQw==

<SEC-DOCUMENT>0001245313-07-000010.txt : 20070126
<SEC-HEADER>0001245313-07-000010.hdr.sgml : 20070126
<ACCEPTANCE-DATETIME>20070126201540
ACCESSION NUMBER:		0001245313-07-000010
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070124
FILED AS OF DATE:		20070126
DATE AS OF CHANGE:		20070126

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:			JENKINS STARK JOHN F
		CENTRAL INDEX KEY:			0001275381

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15637
		FILM NUMBER:		07558192

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		5098913272

	MAIL ADDRESS:	
		STREET 1:		2818 N SULLIVAN ROAD
		CITY:			SPOKANE
		STATE:			WA
		ZIP:			99216
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgardoc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-01-24</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001275381</rptOwnerCik>
            <rptOwnerName>JENKINS STARK JOHN F</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3003 TASMAN DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SANTA CLARA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>95054</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>CFO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Non-Qualified Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>35.54</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2007-01-24</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>4250</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2007-12-01</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2011-04-23</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>4250</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>15124</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The reporting person previously reported a grant of restricted stock units (RSUs) which were subject to performance-based vesting.  The RSUs were effective as of 5/2/06, and will fully vest on 12/1/07.  Based on the level of return on average equity (ROE) achieved by the Company at December 31, 2006 the Compensation Committee of the Board confirmed the final award will total 2,125.</footnote>
        <footnote id="F2">The reporting person was granted restricted stock units (RSUs) which are subject to performance-based vesting.  The RSUs are effective as of 5/2/06, and will vest on 12/1/07, based on the level of return on average equity (ROE) achieved by the Company at December 31, 2006 as follows:  (i) if less than 90% of target, none will vest; (ii) if 90% but less than 100% of target 2,125 will vest; (iii) if 100% but less than 110% of target 4,250 will vest; and (iv) if 110% or greater of target 6,375 will vest. Vesting is subject to adjustment by the Compensation Committee as approved to take into account extraordinary items that may impact the calculation of ROE.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>By: Lisa Bertolet as attorney in fact  For: John F Jenkins-Stark</signatureName>
        <signatureDate>2007-01-26</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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