Bank of Commerce Holdings (NASDAQ:BOCH) CFO James A. Sundquist purchased 3,500 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were bought at an average price of $10.97 per share, with a total value of $38,395.00. Following the purchase, the chief financial officer now owns 110,999 shares in the company, valued at $1,217,659.03. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Bank of Commerce Holdings (BOCH) traded up $0.15 during trading on Monday, reaching $11.05. 24,200 shares of the company were exchanged, compared to its average volume of 30,555. Bank of Commerce Holdings has a fifty-two week low of $9.54 and a fifty-two week high of $12.40. The stock has a market cap of $179.81, a price-to-earnings ratio of 22.10, a price-to-earnings-growth ratio of 2.02 and a beta of 0.37. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.85 and a quick ratio of 0.85.
Bank of Commerce (NASDAQ:BOCH) last released its quarterly earnings data on Friday, January 19th. The financial services provider reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.04). Bank of Commerce had a net margin of 14.47% and a return on equity of 8.42%. The business had revenue of $12.15 million during the quarter, compared to analysts’ expectations of $12.18 million. equities research analysts anticipate that Bank of Commerce Holdings will post 0.78 earnings per share for the current fiscal year.
Several brokerages have recently issued reports on BOCH. ValuEngine lowered shares of Bank of Commerce from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research lowered shares of Bank of Commerce from a “hold” rating to a “sell” rating in a research note on Wednesday, January 31st.
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Bank of Commerce Company Profile
Bank of Commerce Holdings (Holding Company) is a bank holding company. The Company’s principal business is to serve as a holding company for Redding Bank of Commerce (Bank), which operates under two separate names (Redding Bank of Commerce and Sacramento Bank of Commerce). The Bank operates over four full service facilities in two diverse markets in Northern California.
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