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BBNK Bridge Capital Holdings featured news, full reports, and detailed charts

Bridge Capital Holdings (BBNK) Wrap Up:

On July 26, 2000 an Application to Obtain a National Banking Charter and Federal Deposit Insurance was filed with the Comptroller of the Currency (the "Comptroller") and with the Federal Deposit Insurance Corporation (the "FDIC"). The Comptroller approved the Application on November 17, 2000 and the FDIC approved the Bank’s Application for Federal Deposit Insurance for Bridge Bank, National Association. On December 6, 2000, the Bank’s Articles of Association and Organizers’ Certificate were adopted by the Bank's organizers, which established the Bank's corporate existence. There are no predecessors to the Bank. The Bank commenced operations on May 14, 2001. The Bank engages in general commercial banking business, and accepts checking and savings deposits, makes commercial, real estate, auto and other installment and term loans, and provides other customary banking services.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f06%2f0001144204-08-013764.html#FIS_BUSINESS"   
www.bridgebanksv.com
171 Employees
Founded in 2000

Bridge Capital Holdings (BBNK:NASDAQ)

LAST $7.17 USD
CHANGE TODAY +0.074 1.04%
VOLUME 14.1K
As of 11:51 AM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Bridge Capital Holdings (BBNK)

OPEN
$7.24
PREVIOUS CLOSE
$7.10
DAY HIGH
$7.45
DAY LOW
$7.11
52 WEEK HIGH
01/9/09 - $7.55
52 WEEK LOW
11/25/08 - $3.30
MARKET CAP
50.2M
AVERAGE VOLUME 3 mo
4.9K
DILUTED EPS TTM
$-0.25
SHARES OUTSTANDING
7.0M
BBNK Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

BBNK Top Compensated Officers

Mr. Daniel Myers
Chief Executive Officer, President, Director,...
Age: 48
Total Annual Compensation: $250.0K
Mr. Thomas A. Sa
Chief Administrative Officer, Chief Financial...
Age: 47
Total Annual Compensation: $180.0K
Mr. Tim Boothe
Chief Operating Officer, Executive Vice Presi...
Age: 43
Total Annual Compensation: $180.0K
Mr. Robert P. Gionfriddo
Director, Member of Loan Committee, Member of...
Age: 64
Total Annual Compensation: $175.0K
Mr. Kenneth Silveira
Consultant of Bridge Bank
Age: 65
Total Annual Compensation: $157.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Bridge Capital Holdings (BBNK)

Robert P. Gionfriddo Resigns as a Director of Bridge Capital Holdings and as a Director and Executive Vice President of Bridge Bank, National Association

On November 3, 2009, Robert P. Gionfriddo resigned his position as a director of Bridge Capital Holdings and its subsidiary Bridge Bank, National Association as well as his executive vice president position of the Bank. Mr. Gionfriddo, age 63, has been employed in the banking industry for 33 years and submitted his resignation for personal reasons.

Bridge Capital Holdings expected to Report Fiscal Year 2009 Results on January 25, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).

Bridge Capital Holdings expected to Report Fiscal Year 2009 Results on January 25, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).

Bridge Capital Holdings Reports Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended September 30, 2009

Bridge Capital Holdings announced unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. The company reported an operating profit of $539,000, representing an improvement of $9.7 million compared to an operating loss of $9.2 million for the same period one year ago. The operating profit for the third quarter of 2009 was reduced by preferred dividends of $1.1 million resulting in a net loss available to common shareholders of $525,000 or $0.08 per diluted common share. This represented an improvement of $8.7 million compared to a net loss available to common shareholders of $9.2 million or $1.41 per diluted common share, for the same period one year ago. The company's return on average assets and return on average equity were 0.25% and 1.96%, respectively compared to negative return of 4.27% and 54.48% respectively for the same period in 2008. Net interest income of $9.0 million for the quarter ended September 30, 2009 represented a decrease of approximately $2.0 million, or 18%, from $11.0 million for the same quarter one year earlier and was primarily attributable to the decrease in short-term interest rates, lower balance sheet leverage and increased levels of nonperforming loans. Total interest income was $10.5 million against $14.2 million last year. Net interest income and non-interest income comprised total revenue of $10.7 million for the three months ended September 30, 2009 compared to $12.9 million for the same period one year earlier, representing a decrease of $2.3 million, or 18%. The company reported an operating profit of $30,000 for the nine months ended September 30, 2009, representing an improvement of $9.0 million compared to an operating loss of $9.0 million for the same period one year ago. The operating profit for the first nine months of 2009 was reduced by preferred dividends of $3.1 million resulting in a net loss available to common shareholders of $3.1 million or $0.47 per diluted common share. This represented an improvement of $5.9 million compared to a net loss available to common shareholders of $9.0 million or $1.38 per diluted common share, for the same period one year ago. Return on average assets and return on average equity were 0.00% and 0.04% respectively compared to negative return of 1.48% and 17.69% respectively for the same period one year earlier. Net interest income was $28.3 million represented a decline of $6.4 million, or 18%, from $34.7 million for the first nine months of 2008 and was primarily attributable to the decrease in short-term interest rates, lower balance sheet leverage and increased levels of non performing loans. For the nine months ended September 30 2009, total revenue of $36.4 million represented a decrease of $3.7 million, or 9%, from $40.1 million for the nine months ended September 30, 2008. Total interest income was $33.9 million against $45.2 million last year.

otc, otcbb, pinksheet, BBNK, ob Bridge Capital Holdings

BBNK Competitors

Company Last Change
Bank of Commerce Holdings $5.47 USD +0.19
Exchange Bank Santa Rosa $40.25 USD 0.00
First California Financial Group Inc $3.57 USD +0.06
First Northern Community Bancorp $5.70 USD 0.00
Sierra Bancorp $7.36 USD -0.10
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation BBNK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.2x
Price/Book 0.9x
Price/Cash Flow 29.6x
TEV/Sales NM Not Meaningful

BBNK

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BBNK transactions

Type
Date
Target
Private Placement
September 14, 2009
Document Capture Technologies, Inc.

More Recent News About Bridge Capital Holdings

More news for BBNK

Bridge Capital Holdings Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2009

  BRIDGE CAPITAL HOLDINGS AND SUBSIDIARY INTERIM CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Dollars in Thousands)           09/30/09 06/30/09 03/31/09 12/31/08 09/30/08   ASSETS Cash and due from banks $ 15,327 $ 18,295 $ 16,637 $ 18,421 $ 21,286 Federal funds sold ...
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Q3 2009 Bridge Capital Holdings Earnings Release - After Market Close

Earnings Announcements for Monday, November 2CompanySymbolTimeConferenceCall1ST CONSTITUTION BANCORPFCCYBefore Market OpenAAONAAONBefore Market OpenABSOLUTE SOFTWARE CORPABT.TO4:00 pm ETAdministaffASFBefore Market OpenListenAlbany International CorpAINAfter Market CloseAlexander'sALXBefore Market OpenALLGREEN PROPERTIES LTDA16.SITime Not SuppliedALLIANCE DISTRS HLDG INCADTR.PKBefore Market OpenALTRA HOLDINGS INCAIMCAfter Market CloseAmerican Physicians Service GroupAMPHAfter Market CloseAMERIGO RESOURCES LTDARG.TOBefore Market OpenAnadarko Petroleum CorporationAPCAfter Market CloseListenAnglogold Ashanti LimitedAUTime Not SuppliedAPPLIED NANOTECH HOLDINGS INCAPNT.OBTime Not SuppliedArgo Group International Holdings, Ltd.AGIIAfter Market CloseListenArray BioPharma Inc.ARRYAfter Market CloseListenAss...
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Bridge Capital Holdings to Report Third Quarter Financial Results on Monday, November 2

SAN JOSE, Calif.--(BUSINESS WIRE)--Bridge Capital Holdings (NASDAQ: BBNK - News), whose subsidiary is Bridge Bank, National Association, today announced that it will release financial results for the third quarter ended September 30, 2009, following the close of the market on Monday, November 2, 2009. The company will host a corresponding conference call with a live webcast on Monday, November 2, 2009 at 5:00 p.m. Eastern time/2:00 p.m. Pacific time, to discuss those results and answer questions. Individuals interested in participating in the conference call may do so by dialing 800.891.6020 from the United States, or 702.696.4830 from outside the United States. Those interested in listening to the conference call live via the Internet may do so by visiting the Investor Relations section of the Company's Web site at www.bridgebank.com.A telephone replay will be available through November 16, 2009, by dialing 800.642.1687 from the United States, or 706.645.9291 from outside the United States, and entering conference ID 37034175. A webcast replay will be available...
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Bridge Bank posts Q3 operating profit

ONLINE: home | business news | small business | sales & marketing | real estate | events | community | careers | city guide | advertise | about us | rss PRINT: subscribe | renew | advertise | book of lists | business intelligence | classifieds | view digital edition | ...
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Bridge Capital Holdings Earnings Call scheduled for 5:00 pm ET today

Call DetailsBridge Capital Holdings Earnings Conference Call (Q3 2009)Mon, Nov 2, 2009, 5:00 pm EasternAbout Bridge Capital Holdings (NasdaqGS:BBNK)Bridge Capital Holdings operates as the bank holding company for Bridge Bank, N.A., which provides commercial and retail banking services to small and medium size commercial businesses, business professionals, and retail customers in California. Its deposits products include checking, savings, demand, time, money market deposit, NOW, and bundled accounts, as well as comprise certificates of deposit. The company’s deposit services also consist of direct payroll and social security deposit, post-paid bank-by-mail, and Internet banking. Its loan products include commercial lines of credit and term loans, constructions loans, equipment loans, and mortgage loans; and accounts receivable, factoring, and inventory financing. In addition, the company provides various lines of credit to individual borrowers, as well as offers homeowner equity loans, home improvement loans, auto financing, credit and debit cards, and overdraft/cash reserve accounts. Further, Bridge Capital Holdings issues cashier’s checks; sells travelers checks; and provides other customary banking services, such as courier deposit services, small business administration loans, and asset-based loans. As of December 31, 2008, it operated two branch offices and seven loan production offices, primarily in the Silicon Valley and San Francisco Bay Areas of California. The company was founded in 2000 and is based in San Jose, California.More Info:Quote |Chart |News |Profile |...
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BRIDGE CAPITAL HOLDINGS Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E

Show all filings for BRIDGE CAPITAL HOLDINGS | Request a Trial to NEW EDGAR Online Pro Form 8-K for BRIDGE CAPITAL HOLDINGS 2-Nov-2009Results of Operations and Financial Condition, Financial Statements and E Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information ...
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BRIDGE CAPITAL HOLDINGS Files SEC form 8-K, Change in Directors or Principal Officers

Show all filings for BRIDGE CAPITAL HOLDINGS | Request a Trial to NEW EDGAR Online Pro Form 8-K for BRIDGE CAPITAL HOLDINGS 6-Nov-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purp...
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BRIDGE CAPITAL HOLDINGS Files SEC form 10-Q, Quarterly Report

ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS In addition to the historical information, this quarterly report contains certain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended, and which are subject to the "Safe Harbor" created by those sections. The reader of this quarterly report should understand that all such forward-looking statements are subject to various uncertainties and risks that could affect their outcome. The Company's actual results could differ materially from those suggested by such forward-looking statements. Such risks and uncertainties include, among others, (1) competitive pressure in the banking industry increases significantly; (2) changes in interest rate environment reduces margin; (3) general economic conditions, either nationally or regionally are less favorable than expected, resulting in, among other things, a deterioration in credit quality; (4) changes in the regulatory environment; (5) changes in business conditions and inflation; (6) costs and expenses of complying with the internal control provisions of the Sarbanes-Oxley Act and our degree of success in achieving compliance; (7) changes in securities markets; (8) future credit loss experience; (9) civil disturbances of terrorist threats or acts, or apprehension about possible future occurrences of acts of this type; and (10) the involvement of the United States in war or other hostilities. Therefore, the information in this quarterly report should be carefully considered when evaluating the business prospects of the Company. Critical Accounting Policies Our accounting policies are integral to understanding the results reported. Our most complex accounting policies require management's judgment to ascertain the valuation of assets, liabilities, commitments and contingencies. We have established d...
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East West Bancorp plans expansion, not branch closings

Rather than closing branches, East West Bancorp CEO Dominic Ng said Tuesday he plans to expand into more Asian supermarkets locations following his bank’s acquisition of United Commercial Bank’s $6.5 billion in deposits on Friday. None of the United Commercial Bank’s branches acquired in the deal will close, Ng said, emphasizing that it was important to refrain from a “slash and burn” strategy. “We have a few branches in San Jose, a few in Cupertino, a few in Fremont. I know people will ask why we don’t close some. I don’t think it’s necessary,” he said, adding that the objective is to “let the dust settle” and integrate the two bank operations. Redundancies within the work force will undoubtedly lead to some layoffs, Ng said, though he wouldn’t estimate how many positions might be lost. “We’re trying to be creative and come up with career opportunities for both sides, but when it doesn’t work we need to help them look into outplacement,” he added. The acquisition could lead East West to begin inserting in-store branches at Northern California sites of 99 Ranch Market, a national Chinese supermarket chain. East West has an exclusive rights to open in-store branches at all 99 Ranch Market locations. The market has stores in about 25 California cities, as well as in Arizona, Nevada, Washington, Texas and Georgia. So far the bank has more than a dozen in-store branches in Southern California, but has yet to open branches in ...
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BRIDGE CAPITAL HOLDINGS Financials

PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue12,204  13,802  15,964  18,095  Cost of Revenue1,262  958  2,310  2,831  Gross Profit -  12,844  13,654  15,264  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative9,202  9,343  9,463  8,269  Non Recurring -   -   -   -  Others650  4,000  3,650  3,950  Total Operating Expenses -   -   -   -  Operating Income or Loss -  (499)541  3,045  Income from Continuing OperationsTotal Other Income/Expenses Net -   -   -   -  Earnings Before Interest And Taxes1,090  (499)541  3,045  Interest Expense261  825   -  512  Income Before Tax829  (1,324)541  2,533  Income Tax Expense290  (482)208  864  Minority Interest -   -   -   -  Net Income From Continuing Ops539  (842)333  1,669  Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of Accounting ...
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