Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  SVB Financial Group    SIVB

SVB FINANCIAL GROUP (SIVB)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

SVB Financial Group : Silicon Valley Bank provides $3M financing to Lincor Solutions Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/16/2013 | 06:00pm CEST

Silicon Valley Bank, financial partner to technology and life science businesses and their investors worldwide, today announced that it has provided Lincor Solutions   Inc., supplier of point of care computing platforms and patient engagement technology, with a $3 million equipment Line of Credit.

Lincor Solutions develops point of care computing platforms for hospitals and healthcare delivery organisations. Its platforms help hospitals to improve clinical data access, streamline operational effectiveness and enhance the patient experience. It provides secure, integrated access to clinical, picture archiving (PACS), medical records and hospital management systems to hospital staff, as well as multimedia entertainment, education and communications services for patients. Lincor is active in 28 countries and its products are currently deployed in more than 125 hospitals around the world.

Although historically based in Cork, Lincor's headquarters is now in Nashville, USA.

The new credit facility will be used to invest in equipment as Lincor Solutions launches its Software-as-a-Service (Saas) business in the US, and to support further expansion across EMEA.

Robert Brown, Chief Financial Officer, Lincor Solutions Ltd said: "The launch of our SaaS business in the US is an important step for us and this financing will enable us to fulfil our expansion ambitions in this area. Silicon Valley Bank is a great fit for us because of its deep understanding of the technology sector globally."

Andrew Hunter, Vice President for Silicon Valley Bank's UK Branch, added: "Silicon Valley Bank is delighted to be working with Lincor Solutions at this important stage in its growth. Lincor is transforming hospital performance and we are looking forward to supporting the business as it grows."

About Silicon Valley Bank
Silicon Valley Bank is the premier bank for technology, life science, venture capital, private equity and premium wine businesses. SVB Financial Group provides industry knowledge and connections, financing, treasury management, corporate investment and international banking services to its clients worldwide through 28 U.S. offices and six international operations. (Nasdaq: SIVB) www.svb.com/uk

Silicon Valley Bank is authorised and regulated by the California Department of Financial Institutions and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

About Lincor Solutions Ltd.
Lincor Solutions is the global leader in patient engagement technology. Through its state-of-the-art LINC Technology platform, Lincor transforms the patient experience by bringing interactive education, communication and entertainment technology directly to the bedside. Empowering patients helps hospitals achieve better patient engagement, satisfaction, and clinical outcomes.

Contact:
Louise Travers
Silicon Valley Bank - UK Branch
+44 (0)20 7367 7877
[email protected]

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SVB FINANCIAL GROUP
05/08SVB FINANCIAL : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND ..
AQ
05/08SVB FINANCIAL : Appoints Kimberly Jabal, CFO of Weebly, to its Board of Director..
PR
05/08SVB FINANCIAL : Appoints Kimberly Jabal, CFO of Weebly, to its Board of Director..
PU
05/07SVB FINANCIAL GROUP : Announces 2018 Investor Day
PR
05/04SVB FINANCIAL GROUP : Regulation FD Disclosure, Financial Statements and Exhibit..
AQ
05/03SVB FINANCIAL GROUP : Announces Availability Of Quarterly Financial Results
AQ
04/30SVB FINANCIAL GROUP : Submission of Matters to a Vote of Security Holders (form ..
AQ
04/26SVB : 1Q Earnings Snapshot
AQ
04/26SVB FINANCIAL GROUP : Results of Operations and Financial Condition, Financial S..
AQ
04/26SVB FINANCIAL GROUP : Announces Availability Of Quarterly Financial Results
PR
More news
News from SeekingAlpha
05/18Brian Kelly Could Be The X Factor In New Blockchain ETF 
05/09VALUATION DASHBOARD : Financials And Real Estate - Update 
04/30Buy the dip in banks - Morgan Stanley 
04/27FINANCIALS - TOP 5 GAINERS / LOSERS : 00 pm (04/27/2018) 
04/27Midday Gainers / Losers (04/27/2018) 
Financials ($)
Sales 2018 2 469 M
EBIT 2018 1 354 M
Net income 2018 867 M
Debt 2018 -
Yield 2018 0,00%
P/E ratio 2018 19,86
P/E ratio 2019 16,78
Capi. / Sales 2018 6,85x
Capi. / Sales 2019 5,89x
Capitalization 16 923 M
Chart SVB FINANCIAL GROUP
Duration : Period :
SVB Financial Group Technical Analysis Chart | SIVB | US78486Q1013 | 4-Traders
Technical analysis trends SVB FINANCIAL GROUP
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 332 $
Spread / Average Target 4,0%
EPS Revisions
Managers
NameTitle
Gregory W. Becker President, Chief Executive Officer & Director
Roger F. Dunbar Chairman
Michael L. Dreyer Chief Operations Officer
Daniel Beck Chief Financial Officer
John D. China Head-Technology Banking
Sector and Competitors
1st jan.Capitalization (M$)
SVB FINANCIAL GROUP36.66%16 923
JP MORGAN CHASE & COMPANY4.01%376 773
INDUSTRIAL AND COMMERCIAL BANK OF CHINA-3.71%316 917
BANK OF AMERICA3.49%305 803
CHINA CONSTRUCTION BANK CORPORATION-2.47%273 019
WELLS FARGO-9.51%267 521