Risk Factors Update Summary
- Increased asset size from $109.30 billion to $213.76 billion due to SVBB Acquisition.
- The company faces increased regulatory scrutiny and potential penalties related to ESG practices.
- The SVBB Acquisition doubled asset size and expanded operations, increasing complexity and challenges.
- The company acquired SVBB for approximately $36 billion and has access to up to $70 billion in advances.
- Potential regulatory changes may impact bank mergers and acquisitions, affecting future growth strategies.
- Overdraft and NSF fees decreased from $55 million in 2021 to $42 million in 2023.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=798941&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.