Bank of Commerce (NASDAQ:BOCH) is scheduled to post its quarterly earnings results on Thursday, January 18th.

Bank of Commerce (NASDAQ:BOCH) last posted its earnings results on Friday, October 20th. The financial services provider reported $0.18 EPS for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.02. Bank of Commerce had a return on equity of 8.66% and a net margin of 19.58%. The firm had revenue of $11.58 million for the quarter, compared to analysts’ expectations of $11.67 million. On average, analysts expect Bank of Commerce to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of Bank of Commerce (NASDAQ:BOCH) opened at $11.50 on Wednesday. Bank of Commerce has a 12-month low of $9.10 and a 12-month high of $12.40. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market capitalization of $185.50, a PE ratio of 17.16, a PEG ratio of 1.96 and a beta of 0.43.

The firm also recently announced a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Tuesday, January 2nd were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend was Friday, December 29th. Bank of Commerce’s dividend payout ratio (DPR) is presently 17.91%.

A number of equities research analysts have recently commented on the company. Zacks Investment Research cut Bank of Commerce from a “buy” rating to a “hold” rating in a research report on Monday, December 25th. ValuEngine cut Bank of Commerce from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st.

A number of institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System purchased a new position in Bank of Commerce in the 2nd quarter valued at about $303,000. State Street Corp purchased a new position in Bank of Commerce in the 2nd quarter valued at about $1,908,000. Finally, Northern Trust Corp lifted its stake in Bank of Commerce by 239.8% in the 2nd quarter. Northern Trust Corp now owns 53,159 shares of the financial services provider’s stock valued at $587,000 after buying an additional 37,516 shares in the last quarter. 52.21% of the stock is currently owned by hedge funds and other institutional investors.

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About Bank of Commerce

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.

Earnings History for Bank of Commerce (NASDAQ:BOCH)

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