SVB Financial Group announced net loan charge off for the fourth quarter of 2019. For the quarter, the company reported net loan charge-offs of $14.4 million, or 18 basis points of average total gross loans (annualized), compared to $32.9 million, or 44 basis points.

For the year, the company expects net interest income to increase at a percentage rate in the low single digits.

For the year, the company expects net loan charge-offs between 0.20% and 0.40% of average total gross loans.