Research Analysts US Banks Erika Najarian Research Analyst MLPF&S +1 646 855 1584 erika.najarian@baml.com Ebrahim H. Poonawala Research Analyst MLPF&S +1 646 743 0490 ebrahim.poonawala@baml.com Michael Liu Research Analyst MLPF&S +1 646 855 3874 mliu3@baml.com Brandon Berman Research Analyst...

...Poonawala Research Analyst MLPF&S +1 646 743 0490 ebrahim.poonawala@baml.com Kenneth Bruce Research Analyst MLPF&S +1 415 676 3545 kenneth.bruce@baml.com See Team Page for Full List of Contributors HOUSE_OVERSIGHT_014315

...Poonawala +1 646 743 0490 Research Analyst, MLPF&S Buy, PO $190 1Q investment thesis We view SIVB as the best positioned bank in our coverage universe by a wide margin to benefit from the combination of 1) rising interest rates — with SIVB ranking among the most rate sensitive banks...