AP NEWS

Bank of Commerce: 4Q Earnings Snapshot

January 17, 2020 GMT

SACRAMENTO, Calif. (AP) _ Bank of Commerce Holdings (BOCH) on Friday reported fourth-quarter profit of $4.4 million.

The bank, based in Sacramento, California, said it had earnings of 24 cents per share.

The bank holding company posted revenue of $15.8 million in the period. Its revenue net of interest expense was $14.3 million, missing Street forecasts.

For the year, the company reported profit of $15 million, or 83 cents per share. Revenue was reported as $57.7 million.

Bank of Commerce shares have declined 2% since the beginning of the year. The stock has risen 4% 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