Bank of Commerce: 4Q Earnings Snapshot
SACRAMENTO, Calif. (AP) _ Bank of Commerce Holdings (BOCH) on Friday reported net income of $4.8 million in its fourth quarter.
The Sacramento, California-based bank said it had earnings of 30 cents per share. Earnings, adjusted for non-recurring gains, were 21 cents per share.
The bank holding company posted revenue of $14.9 million in the period. Its revenue net of interest expense was $13.6 million, surpassing Street forecasts.
For the year, the company reported profit of $15.7 million, or 96 cents per share. Revenue was reported as $51.6 million.
Bank of Commerce shares have declined slightly since the beginning of the year. The stock has decreased 4 percent in the last 12 months.