Bank Of Commerce Holdings Inc. Stock Upgraded (BOCH)
- The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and greatly outperformed compared to the Commercial Banks industry average. The net income increased by 27.2% when compared to the same quarter one year prior, rising from $1.62 million to $2.06 million.
- The gross profit margin for BANK OF COMMERCE HOLDINGS is currently very high, coming in at 75.00%. It has increased significantly from the same period last year. Along with this, the net profit margin of 12.80% is above that of the industry average.
- Net operating cash flow has significantly increased by 138.66% to $19.10 million when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 92.19%.
- BANK OF COMMERCE HOLDINGS reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, BANK OF COMMERCE HOLDINGS reported lower earnings of $0.37 versus $0.39 in the prior year. This year, the market expects an improvement in earnings ($0.50 versus $0.37).
- BOCH, with its decline in revenue, slightly underperformed the industry average of 3.1%. Since the same quarter one year prior, revenues fell by 11.2%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
-- Written by a member of TheStreet RatingsStaff
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.