CoBiz Financial Inc (NASDAQ:COBZ) declared a dividend on Thursday, January 18th, Fidelity reports. Investors of record on Monday, January 29th will be paid a dividend of 0.055 per share by the bank on Monday, February 5th. This represents a yield of 0.00254041570438799%. The ex-dividend date of this dividend is Friday, January 26th.
CoBiz Financial (COBZ) opened at $21.65 on Friday. CoBiz Financial has a 12-month low of $15.39 and a 12-month high of $22.01. The stock has a market cap of $914.34, a PE ratio of 23.79, a P/E/G ratio of 1.82 and a beta of 1.26. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.94 and a current ratio of 0.94.
CoBiz Financial (NASDAQ:COBZ) last issued its earnings results on Thursday, October 19th. The bank reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.04. The business had revenue of $42.76 million during the quarter, compared to analysts’ expectations of $41.13 million. CoBiz Financial had a net margin of 21.95% and a return on equity of 12.06%. equities analysts anticipate that CoBiz Financial will post 0.97 earnings per share for the current year.
In other news, CEO Steven Bangert sold 2,883 shares of CoBiz Financial stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $20.45, for a total value of $58,957.35. Following the completion of the sale, the chief executive officer now directly owns 1,008,359 shares in the company, valued at $20,620,941.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Scott Page sold 5,307 shares of CoBiz Financial stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $20.84, for a total transaction of $110,597.88. Following the completion of the sale, the chief executive officer now owns 60,239 shares of the company’s stock, valued at $1,255,380.76. The disclosure for this sale can be found here. Insiders sold 52,205 shares of company stock valued at $1,086,023 over the last ninety days. Corporate insiders own 9.90% of the company’s stock.
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About CoBiz Financial
CoBiz Financial Inc is a financial holding company. The Company provides a range of banking and related services through its subsidiaries, CoBiz Bank (Bank), CoBiz Insurance, Inc and CoBiz IM, Inc (CoBiz IM). The Company’s segments include Commercial Banking, Fee-Based Lines, and Corporate Support and Other.
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