AP NEWS

Bank of Commerce: 4Q Earnings Snapshot

January 18, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BOCH at https://www.zacks.com/ap/BOCH

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