Silicon Valley Bank’s former parent sues to reclaim tarnished brand By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 05 2025
0mins
Source: Investing.com
Lawsuit Over Trademark Infringement: SVB Financial Trust has sued First Citizens BancShares for trademark infringement, claiming they did not acquire permission to use the Silicon Valley Bank name and associated branding after purchasing its assets following the bank's collapse.
Background of the Collapse: Silicon Valley Bank failed due to a bank run linked to concerns over capital levels and losses from rising interest rates, marking one of the largest failures in U.S. banking history, which significantly impacted technology startups.
Analyst Views on CIVB
Wall Street analysts forecast CIVB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CIVB is 26.50 USD with a low forecast of 26.00 USD and a high forecast of 27.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 23.610
Low
26.00
Averages
26.50
High
27.00
Current: 23.610
Low
26.00
Averages
26.50
High
27.00
About CIVB
Civista Bancshares, Inc. is a financial holding company. The Company, through its subsidiary, Civista Bank, is engaged in providing full-service banking, commercial lending, mortgage and wealth management services. Civista Bank, through its locations in Ohio counties of Erie, Crawford, Champaign, Cuyahoga, Franklin, Huron, Logan, Madison, Montgomery, Ottawa, Richland, Henry, Wood and Summit, in the Indiana counties of Dearborn and Ripley and in the Kentucky county of Kenton, conducts a general banking business that involves collecting customer deposits, making loans, purchasing securities, and offering Trust services. It is also engaged in a general equipment leasing and financing business through its Civista Leasing & Financing (CLF) division. Civista Wealth Management division offers investment advisory services to individuals, families, businesses, and non-profits with personalized investment management, 401(k) advisory services for employers, financial planning, and trust services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
