BOCH Bank of Commerce Holdings (CA) featured news, full reports, and detailed charts
Bank of Commerce Holdings (CA) (BOCH) Wrap Up:
Bank of Commerce Holdings (the “Holding Company”) is a corporation organized under the laws of California and a financial holding company (“FHC”) registered under the Bank Holding Company Act of 1956, as amended (“BHC Act”). The Holding Company’s principal business is to serve as a holding company for Redding Bank of Commerce™, Roseville Bank of Commerce™, Sutter Bank of Commerce™ and Bank of Commerce Mortgage™, and for other banking or banking-related subsidiaries which the Holding Company may establish or acquire (collectively the “Company”). The Holding Company also has two unconsolidated subsidiaries, Bank of Commerce Holdings Trust and Bank of Commerce Holdings Trust II. The Company is listed on the NASDAQ National Market under the trading symbol BOCH (Bank of Commerce Holdings). The Bank was incorporated as a California banking corporation on November 25, 1981, and received its certificate of authority to begin banking operations on October 22, 1982. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f14%2f0000950134-08-004801.html#FIS_BUSINESS"Bank of Commerce Holdings (BOCH:NASDAQ)
Snapshot of Bank of Commerce Holdings (BOCH)
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OPEN
$5.33
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PREVIOUS CLOSE
$5.28
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DAY HIGH
$5.47
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DAY LOW
$5.31
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52 WEEK HIGH
05/7/09 - $6.52
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52 WEEK LOW
03/9/09 - $3.90
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MARKET CAP
47.6M
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AVERAGE VOLUME 3 mo
3.1K
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DILUTED EPS TTM
$0.37
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SHARES OUTSTANDING
8.7M
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EX-DATE
09/28/09
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P/E TTM
14.7x
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DIVIDEND
$0.24
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DIVIDEND YIELD
4.39%
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| K = Thousands M = Millions B = Billions | ||
BOCH Top Compensated Officers
Executives, Board Directors
Key developments for Bank of Commerce Holdings (BOCH)
Bank of Commerce Holdings reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income attributable to the company was $1,713,000 or $0.17 per diluted share on net interest income of $7,406,000 against net income attributable to the company of $717,000 or $0.08 per diluted share on net interest income of $5,240,000 in the same period of last year. Income before provision for income taxes was $2,852,000 against $1,079,000 in the same period of last year. Total interest income was $10,571,000 against $9,271,000 in the same period of last year. For the nine months ended September 30, 2009, the company reported net income attributable to the company was $4,599,000 or $0.45 per diluted share on net interest income of $21,304,000 against net income attributable to the company of $2,853,000 or $0.33 per diluted share on net interest income of $15,706,000 in the same period of last year. Income before provision for income taxes was $7,476,000 against $4,050,000 in the same period of last year. Total interest income was $30,891,000 against $28,356,000 in the same period of last year.
Bank of Commerce Holdings announced a cash dividend of $0.06 per share for the third quarter of 2009. The $0.06 per share quarterly cash dividend will be paid to shareholders of record as of September 30, 2009, payable on October 9, 2009.
Bank of Commerce Holdings announced consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net interest income of $7,498,000 compared to $5,046,000 for the same period a year ago. Income available to common shareholders for the period was $1,381,000 or $0.16 diluted per share compared to $906,000 or $0.10 diluted per share for the same period a year ago. Income before provision for income taxes for the period was $2,744,000 compared to $1,150,000 for the same period a year ago. Average earning assets up $124.5 million or 20.5% over the prior year. For the six months, the company reported net interest income of $13,898,000 compared to $10,466,000 for the same period a year ago. Income available to common shareholders for the period was $2,414,000 or $0.28 diluted per share compared to $2,136,000 or $0.24 diluted per share for the same period a year ago. Income before provision for income taxes for the period was $4,624,000 compared to $2,971,000 for the same period a year ago.
BOCH Competitors
| Company | Last | Change |
| American River Bankshares | $6.90 USD | -0.05 |
| Exchange Bank Santa Rosa | $40.25 USD | 0.00 |
| First Northern Community Bancorp | $5.70 USD | 0.00 |
| Heritage Commerce Corp | $3.90 USD | -0.47 |
| Heritage Oaks Bancorp | $4.83 USD | +0.29 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | BOCH | Industry Range |
| Price/Earnings | 14.7x |
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| Price/Sales | 1.9x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | 12.1x |
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| TEV/Sales | NM | Not Meaningful |
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BOCH |
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BOCH transactions
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Target | |
| No transactions in the last 6 months. | ||
More Recent News About Bank of Commerce Holdings (CA)
More news for BOCH
BANK OF COMMERCE HOLDINGS Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Forward Looking Statements and Risk Factors An investment in the Company has risk. The discussion below and elsewhere in this Report and in other documents the Company files with the SEC incorporates various risk factors that could cause the Company's financial results and condition to vary significantly from period to period. Information in the accompanying financial statements contains certain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We caution the investor that such statements are subject to risks and uncertainties that could cause actual results to differ materially from those stated. These risks and uncertainties include the Company's ability to maintain or expand its market share and net interest margins, or to implement its marketing and growth strategies. Further, actual results may be affected by the Company's ability to compete on price and other factors with other financial institutions; customer acceptance of new products and services; and general trends in the banking and the regulatory environment, as they relate to the Company's cost of funds and return on assets. The reader is advised that this list of risks is not exhaustive and should not be construed as any prediction by the Company as to which risks would cause actual results to differ materially from those indicated by the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. For additional information concerning risks and uncertainties related to the Company and its operations please refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2008 under the heading "Risk factors that may affect results." Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof....Click here to read the whole Article (external link)
BANK OF COMMERCE HOLDINGS Files SEC form 8-K, Entry into a Material Definitive Agreement
Show all filings for BANK OF COMMERCE HOLDINGS | Request a Trial to NEW EDGAR Online Pro Form 8-K for BANK OF COMMERCE HOLDINGS 15-May-2009Entry into a Material Definitive Agreement 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...Click here to read the whole Article (external link)
Bank of Commerce Holdings(TM) Announces Third Quarter 2009 Operating Results
REDDING, Calif., Oct. 30 /PRNewswire-FirstCall/ -- Patrick J. Moty, President & CEO of Bank of Commerce Holdings (Nasdaq: BOCH - News), a $814 million financial services holding company, and parent company of Redding Bank of Commerce(TM), Roseville Bank of Commerce(TM), and Bank of Commerce Mortgage(TM) today announced the Company's third consecutive quarter of strong earnings. "Our third consecutive quarter of strong earnings illustrates our Company's ability to profitably grow, even through the current downward economic cycle and despite elevated provisioning for credit losses,""We have significantly built capital and continue to strengthen our balance sheet. Operationally and financially the company's performance is exceeding our projections."3rd Quarter 2009 HighlightsNine months 2009 HighlightsBalance SheetDuring 2009 and 2008, the focus of the Company has been on strengthening the balance sheet, by providing appropriate reserves, strong capital, and significant liquidity. Our strength and security continue to compare favorably with our industry peers.Our balance sheet increased by $40.0 million or 5.2% over year end 2008, and $163 million or 25.1% over the same period a year ago. During the second quarter the Company completed a business combination with Simonich Corporation d.b.a. BWC Mortgage services resulting in a 51% controlling interest in the acquired company. Mortgage loans held for sale represent warehouse l...Click here to read the whole Article (external link)
Bank of Commerce Holdings(TM) Announces Third Quarter Cash Dividend of $0.06
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
Redding Bank of Commerce(TM) Announces New Bank Director
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
BANK OF COMMERCE HOLDINGS Files SEC form 8-K, Financial Statements and Exhibits
Show all filings for BANK OF COMMERCE HOLDINGS | Request a Trial to NEW EDGAR Online Pro Form 8-K for BANK OF COMMERCE HOLDINGS 30-Oct-2009Financial Statements and Exhibits 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 purpos...Click here to read the whole Article (external link)
BANK OF COMMERCE HOLDINGS Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Forward Looking Statements and Risk Factors An investment in the Company has risk. The discussion below and elsewhere in this Report and in other documents the Company files with the SEC incorporates various risk factors that could cause the Company's financial results and condition to vary significantly from period to period. Information in the accompanying financial statements contains certain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We caution the investor that such statements are subject to risks and uncertainties that could cause actual results to differ materially from those stated. These risks and uncertainties include the Company's ability to maintain or expand its market share and net interest margins, or to implement its marketing and growth strategies. Further, actual results may be affected by the Company's ability to compete on price and other factors with other financial institutions; customer acceptance of new products and services; and general trends in the banking and the regulatory environment, as they relate to the Company's cost of funds and return on assets. The reader is advised that this list of risks is not exhaustive and should not be construed as any prediction by the Company as to which risks would cause actual results to differ materially from those indicated by the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. For additional information concerning risks and uncertainties related to the Company and its operations please refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2008 under the heading "Risk factors that may affect results." Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof....Click here to read the whole Article (external link)
BANK OF COMMERCE HOLDINGS Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for BANK OF COMMERCE HOLDINGS | Request a Trial to NEW EDGAR Online Pro Form 8-K for BANK OF COMMERCE HOLDINGS 5-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 ...Click here to read the whole Article (external link)
BANK OF COMMERCE HOLDINGS Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue13,515 13,836 10,544 9,924 Cost of Revenue2,404 2,377 2,469 2,769 Gross Profit - 11,459 8,075 7,155 Operating ExpensesResearch Development - - - - Selling General and Administrative5,654 4,893 3,960 4,507 Non Recurring - - - - Others1,844 3,056 1,425 3,620 Total Operating Expenses - - - - Operating Income or Loss - 3,510 2,690 (972)Income from Continuing OperationsTotal Other Income/Expenses Net - - - - Earnings Before Interest And Taxes3,613 3,510 2,690 (972)Interest Expense761 766 810 923 Income Before Tax2,852 2,744 1,880 (1,895)Income Tax Expense1,010 1,027 610 (1,237)Minority Interest(230) - - - Net Income From Continuing Ops1,612 1,717 1,270 (659)Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes ...Click here to read the whole Article (external link)
