Banking & Finance · H1B Sponsor Profile

Does SVB Financial Group sponsor H1B visas?

In the last 5 years (2019–2023), SVB Financial Group filed 395 H1B petitions and 392 were approved (99.24% approval rate), per USCIS records. The median wage it offered on 42 certified H1B Labor Condition Applications in FY2023 was $136,552, per U.S. Department of Labor records.

Updated USCIS data through 2025DOL LCA data through

OPTNot in OPT indexCPTSet by your schoolH1BSponsors · latest 2023
Last 5 years · 2019–2023Full history since 2009 ↓
395
Petitions filed
392
Approved
99.24%
Approval rate
38
Approved in 2023

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Approved petitions, 2019–2023

  1. 34
    2019
  2. 79
    2020
  3. 109
    2021
  4. 132
    2022
  5. 38
    2023
SVB Financial Group — last 5 years (USCIS)
YearFiledApprovedDeniedWithdrawnApproval %
201935341097.14%
202080791098.75%
20211101091099.09%
202213213200100%
2023383800100%
Total3953923099.24%

Full history, 2009–2023

603 approved of 610 filed across 15 years (98.85% approval rate).

98.14% · 21/yr2009–2018 approval rate · avg approvals
99.24% · 78/yr2019–2023 approval rate · avg approvals
  1. 7
    2009
  2. 6
    2010
  3. 10
    2011
  4. 20
    2012
  5. 13
    2013
  6. 16
    2014
  7. 27
    2015
  8. 26
    2016
  9. 35
    2017
  10. 51
    2018
  11. 34
    2019
  12. 79
    2020
  13. 109
    2021
  14. 132
    2022
  15. 38
    2023
Show all 15 years in a table
SVB Financial Group — H1B petitions by year (USCIS)
YearFiledApprovedDeniedWithdrawnApproval %
2023383800100%
202213213200100%
20211101091099.09%
202080791098.75%
201935341097.14%
201853512096.23%
2017353500100%
2016262600100%
201528271096.43%
2014161600100%
2013131300100%
2012202000100%
2011101000100%
20106600100%
2009871087.5%
Total6106037098.85%
Labor Condition Applications · U.S. Department of Labor

SVB Financial Group LCA filings by year

Before an H1B petition, the employer files a Labor Condition Application (LCA) with the Department of Labor. One LCA can cover several workers and not every LCA becomes a petition, so these counts differ from the USCIS petitions above.

LCAs filed by fiscal year

  1. 138
    FY2021
  2. 126
    FY2022
  3. 42
    FY2023
SVB Financial Group — H1B Labor Condition Applications by fiscal year (DOL)
Fiscal yearLCAs filedCertifiedCertified, then withdrawnWithdrawnDeniedWorker positions
FY2023424200042
FY2022126126000126
FY2021138136200138
Total306304200306

H1B LCAs only (not E-3 or H-1B1), by the fiscal year of the Department of Labor decision (October to September). Source: U.S. Department of Labor, Office of Foreign Labor Certification disclosure data.

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H1B salaries · FY2023 (Oct 2022 – Sep 2023)

What SVB Financial Group offers H1B workers

Wages SVB Financial Group offered on 42 certified, full-time H1B Labor Condition Applications, per U.S. Department of Labor records.

$136,552
Median offered wage
$119K–$165K
Middle 50% of offers
$172K+
Top 10% of offers
42
Filings in FY2023

Median and middle 50% by year

  1. FY2021$124K$110K–$143K
  2. FY2022$136K$120K–$156K
  3. FY2023$137K$119K–$165K
Top H1B job titles · FY2023 (Oct 2022 – Sep 2023)
Job titleFilingsMedianMiddle 50%
Senior Software Engineer10$125,100$119K–$143K
Principal Software Engineer5$138,398$138K–$167K

Where these roles are, FY2023

  • Tempe, AZ15 filings$122K median
  • Santa Clara, CA14 filings$167K median
  • Boston, MA3 filings$148K median
  • Atlanta, GA3 filings$126K median
  • Tempre, AZ2 filings

H1B salaries by job title at SVB Financial Group

These are wages offered on the Labor Condition Application (Form ETA-9035), annualized, not salaries actually paid. Certified full-time H1B filings only. Fiscal years run October to September. Source: U.S. Department of Labor, Office of Foreign Labor Certification disclosure data.

Other finance employers that sponsor H1B

Common questions about SVB Financial Group

Does SVB Financial Group sponsor H1B visas?

Yes. SVB Financial Group had 392 H1B petitions approved in the last 5 years (2019–2023) and 603 across 2009–2023, most recently in 2023, per USCIS records.

What is SVB Financial Group's H1B approval rate?

99.24% of the 395 H1B petitions SVB Financial Group filed in 2019–2023 were approved. 3 were denied and 0 were withdrawn. Across 2009–2023 the approval rate is 98.85%.

How many H1B petitions did SVB Financial Group file in 2023?

38 petitions, of which 38 were approved (100% approval rate).

Which year did SVB Financial Group have the most H1B approvals?

2022, with 132 approved H1B petitions.

How many H1B Labor Condition Applications did SVB Financial Group file in fiscal year 2023?

42 LCAs covering 42 worker positions: 42 certified, 0 certified then withdrawn, 0 withdrawn and 0 denied, per U.S. Department of Labor records. An LCA is filed before the H1B petition, so this differs from the USCIS petition count.

How much does SVB Financial Group pay H1B workers?

The median wage SVB Financial Group offered on its 42 certified, full-time H1B Labor Condition Applications in fiscal year 2023 was $136,552, with the middle half of offers between $119,298 and $164,971, per U.S. Department of Labor records.

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