CoBiz Financial Company Profile (NASDAQ:COBZ)

About CoBiz Financial

CoBiz Financial logoCoBiz Financial Inc. (CoBiz) is a financial holding company. The Company operates in three segments: Commercial Banking, Fee-Based Lines, and Corporate Support and Other. The Commercial Banking segment offers commercial, real estate and private banking, as well as treasury management, interest-rate hedging and depository products. The Fee-Based Lines segment offers employee benefits brokerage and consulting, insurance brokerage and wealth management services. Its subsidiary, CoBiz Bank (the Bank), is a full-service business banking institution. In Colorado, the Bank operates under the name Colorado Business Bank and has over 10 locations, including approximately nine in the Denver metropolitan area, and others in Boulder, Colorado Springs, Fort Collins and Vail. In Arizona, the Bank operates under the name Arizona Business Bank and has over five locations serving the Phoenix metropolitan area and the surrounding area of Maricopa County.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Southwest Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: COBZ
  • CUSIP: 19089710
Key Metrics:
  • Previous Close: $13.04
  • 50 Day Moving Average: $12.87
  • 200 Day Moving Average: $12.26
  • 52-Week Range: $10.31 - $13.94
  • Trailing P/E Ratio: 20.09
  • Foreward P/E Ratio: 14.49
  • P/E Growth: 1.64
  • Market Cap: $534.07M
  • Outstanding Shares: 40,956,000
  • Beta: 1.37
Profitability:
  • Net Margins: 17.60%
  • Return on Equity: 9.84%
  • Return on Assets: 0.81%
Debt:
  • Debt-to-Equity Ratio: 0.46%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.95%
Additional Links:
Companies Related to CoBiz Financial:

Analyst Ratings

Consensus Ratings for CoBiz Financial (NASDAQ:COBZ) (?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $13.44 (3.05% upside)
Analysts' Ratings History for CoBiz Financial (NASDAQ:COBZ)
Show:
DateFirmActionRatingPrice TargetDetails
4/25/2016Hovde GroupInitiated CoverageMarket Perform$13.00View Rating Details
2/16/2016Royal Bank Of CanadaLower Price TargetOutperform$14.00 -> $13.00View Rating Details
10/19/2015MacquarieLower Price TargetOutperform$14.50 -> $14.00View Rating Details
10/19/2015Keefe, Bruyette & WoodsReiterated RatingBuy$14.00 -> $13.75View Rating Details
7/17/2015DA DavidsonDowngradeBuy -> Neutral$14.00View Rating Details
6/24/2015Sandler O'NeillBoost Price TargetBuy$14.50 -> $15.00View Rating Details
(Data available from 9/28/2014 forward)

Earnings

Earnings History for CoBiz Financial (NASDAQ:COBZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/13/2016        
7/21/2016Q216$0.18$0.21$38.09 millionViewN/AView Earnings Details
4/21/2016Q116$0.18$0.18$37.58 millionViewN/AView Earnings Details
2/12/2016Q4$0.18$0.10$37.15 millionViewN/AView Earnings Details
10/15/2015Q315$0.18$0.17$37.05 millionViewListenView Earnings Details
7/16/2015Q215$0.18$0.17$36.97 millionViewListenView Earnings Details
4/16/2015Q115$0.17$0.18$36.11 millionViewN/AView Earnings Details
1/22/2015Q414$0.19$0.17$36.57 millionViewN/AView Earnings Details
10/18/2014$0.19$0.19$36.64 millionViewN/AView Earnings Details
10/16/2014Q314$0.19$0.19$36.33 millionViewN/AView Earnings Details
7/17/2014Q214$0.17$0.21$34.82 millionViewN/AView Earnings Details
4/23/2014Q114$0.16$0.13$33.40 millionViewN/AView Earnings Details
1/22/2014Q413$0.18$0.18$35.40 millionViewN/AView Earnings Details
10/18/2013Q313$0.15$0.17$32.60 millionViewN/AView Earnings Details
7/18/2013Q2 2013$0.14$0.18$31.20 millionViewN/AView Earnings Details
1/24/2013Q4 2012$0.15$0.17$35.19 millionViewN/AView Earnings Details
7/19/2012$0.11$0.14ViewN/AView Earnings Details
4/19/2012$0.11$0.10ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CoBiz Financial (NASDAQ:COBZ)
Current Year EPS Consensus Estimate: $0.8 EPS
Next Year EPS Consensus Estimate: $0.9 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.18$0.19$0.19
Q2 20162$0.18$0.18$0.18
Q3 20162$0.20$0.20$0.20
Q4 20162$0.21$0.21$0.21
Q1 20171$0.20$0.20$0.20
Q2 20171$0.21$0.21$0.21
Q3 20171$0.23$0.23$0.23
Q4 20171$0.23$0.23$0.23
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for CoBiz Financial (NASDAQ:COBZ)
Annual Dividend:$0.20
Dividend Yield:1.53%
Payout Ratio:29.85% (Based on Trailing 12 Months of Earnings)
25.00% (Based on Current Year Consensus EPS Estimate)
22.22% (Based on Next Year Consensus EPS Estimate)
Dividend History for CoBiz Financial (NASDAQ:COBZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/21/2016quarterly$0.051.6%7/28/20168/1/20168/8/2016
4/21/2016quarterly$0.051.46%4/28/20165/2/20165/9/2016
1/25/2016quarterly$0.051.65%1/28/20162/1/20162/8/2016
10/16/2015Quarterly$0.051.46%10/22/201510/26/201511/2/2015
7/16/2015quarterly$0.051.42%7/23/20157/27/20158/3/2015
4/20/2015quarterly$0.041.3%4/23/20154/27/20155/4/2015
1/22/2015quarterly$0.041.38%1/29/20152/2/20152/9/2015
10/20/2014quarterly$0.041.4%10/23/201410/27/201411/3/2014
7/21/2014quarterly$0.041.41%7/24/20147/28/20148/4/2014
4/22/2014quarterly$0.041.3%4/24/20144/28/20145/5/2014
1/21/2014quarterly$0.041.13%1/23/20141/27/20142/3/2014
10/21/2013quarterly$0.031.09%10/24/201310/28/201311/4/2013
7/22/2013quarterly$0.031.17%7/25/20137/29/20138/5/2013
4/22/2013quarterly$0.031.53%4/25/20134/29/20135/6/2013
1/22/2013quarterly$0.031.57%1/24/20131/28/20132/4/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for CoBiz Financial (NASDAQ:COBZ)
Insider Ownership Percentage: 11.38%
Institutional Ownership Percentage: 79.61%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/8/2016Robert OstertagInsiderSell5,195$13.11$68,106.45View SEC Filing  
9/7/2016Richard J DaltonCOOSell6,589$13.25$87,304.25View SEC Filing  
9/7/2016Robert OstertagInsiderSell5,522$13.21$72,945.62View SEC Filing  
8/30/2016Steven BangertCEOSell9,000$12.97$116,730.00View SEC Filing  
8/10/2016Troy DumlaoSVPSell1,500$12.68$19,020.00View SEC Filing  
8/9/2016Steven BangertCEOSell6,000$12.62$75,720.00View SEC Filing  
8/5/2016David PassEVPSell3,951$12.41$49,031.91View SEC Filing  
8/5/2016Richard J DaltonCOOSell5,284$12.63$66,736.92View SEC Filing  
7/27/2016Christopher S HussInsiderSell6,269$12.50$78,362.50View SEC Filing  
7/25/2016Scott PageCEOSell5,154$12.56$64,734.24View SEC Filing  
5/24/2016Steven BangertCEOSell13,000$12.63$164,190.00View SEC Filing  
5/19/2016Timothy J TravisDirectorSell498$12.22$6,085.56View SEC Filing  
5/16/2016Michael B BurgamyDirectorSell1,500$12.19$18,285.00View SEC Filing  
5/12/2016Noel N RothmanDirectorSell1,000$12.09$12,090.00View SEC Filing  
5/11/2016Robert OstertagInsiderSell4,068$11.87$48,287.16View SEC Filing  
5/9/2016Mary K RhinehartDirectorSell1,000$11.80$11,800.00View SEC Filing  
4/28/2016Evan MakovskyDirectorSell1,500$12.46$18,690.00View SEC Filing  
4/28/2016Lyne B AndrichCFOSell9,800$12.31$120,638.00View SEC Filing  
4/28/2016Scott PageCEOSell7,871$12.37$97,364.27View SEC Filing  
4/27/2016Mary M WhiteDirectorSell1,000$12.29$12,290.00View SEC Filing  
4/26/2016Richard J DaltonCOOSell6,219$12.43$77,302.17View SEC Filing  
4/25/2016Christopher S HussDirectorSell1,300$12.28$15,964.00View SEC Filing  
3/17/2016Douglas L PolsonDirectorSell152$11.28$1,714.56View SEC Filing  
3/17/2016Jonathan C LorenzChairmanSell4,472$11.40$50,980.80View SEC Filing  
3/17/2016Scott PageCEOSell5,000$11.25$56,250.00View SEC Filing  
11/25/2015Lyne B. AndrichCFOSell5,667$13.70$77,637.90View SEC Filing  
11/24/2015Jonathan C LorenzChairmanSell22,835$13.65$311,697.75View SEC Filing  
11/24/2015Richard J. DaltonCOOSell11,484$13.53$155,378.52View SEC Filing  
11/23/2015Steven BangertCEOSell14,000$13.45$188,300.00View SEC Filing  
10/29/2015Morgan GustDirectorSell4,000$13.01$52,040.00View SEC Filing  
8/20/2015Richard J DaltonCOOSell4,555$12.93$58,896.15View SEC Filing  
5/22/2015Richard J DaltonCOOSell11,223$11.96$134,227.08View SEC Filing  
5/11/2015Morgan GustDirectorSell1,000$11.72$11,720.00View SEC Filing  
4/29/2015David PassEVPSell4,033$12.50$50,412.50View SEC Filing  
4/28/2015Steven BangertCEOSell13,000$12.36$160,680.00View SEC Filing  
4/27/2015Michael B BurgamyDirectorSell1,500$12.48$18,720.00View SEC Filing  
4/21/2015Mary Beth VitaleDirectorSell1,000$12.28$12,280.00View SEC Filing  
3/17/2015Evan MakovskyDirectorSell1,500$12.01$18,015.00View SEC Filing  
3/17/2015Richard J DaltonCOOSell8,969$12.05$108,076.45View SEC Filing  
1/26/2015Morgan GustDirectorBuy1,000$11.54$11,540.00View SEC Filing  
12/15/2014Jonathan C LorenzChairmanSell26,081$12.13$316,362.53View SEC Filing  
12/10/2014Troy DumlaoCAOSell521$12.32$6,418.72View SEC Filing  
11/19/2014Richard J DaltonCOOSell13,105$11.54$151,231.70View SEC Filing  
10/30/2014Christopher S HussDirectorSell5,000$11.87$59,350.00View SEC Filing  
9/9/2014Robert OstertagInsiderSell14,471$11.38$164,679.98View SEC Filing  
9/4/2014Lyne B AndrichCFOSell4,182$11.50$48,093.00View SEC Filing  
8/25/2014Scott PageCEOSell15,000$11.41$171,150.00View SEC Filing  
4/28/2014Bruce ScroffelDirectorBuy1,500$10.04$15,060.00View SEC Filing  
8/14/2013Richard DaltonCOOSell16,767$9.96$166,999.32View SEC Filing  
7/30/2013Robert OstertagInsiderSell6,890$10.19$70,209.10View SEC Filing  
7/29/2013Robert OstertagInsiderSell10,610$10.22$108,434.20View SEC Filing  
7/26/2013Scott PageEVPSell6,187$10.53$65,149.11View SEC Filing  
7/24/2013Sue HermannDirectorSell1,500$10.72$16,080.00View SEC Filing  
7/23/2013Troy DumlaoCAOSell3,000$10.25$30,750.00View SEC Filing  
6/12/2013Richard J DaltonCOOSell16,768$8.54$143,198.72View SEC Filing  
6/5/2013Mary M WhiteDirectorBuy4,060$8.75$35,525.00View SEC Filing  
5/30/2013David PassEVPSell8,693$8.83$76,759.19View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for CoBiz Financial (NASDAQ:COBZ)
DateHeadline
fidaily.com logoCoBiz Financial Inc. (NASDAQ:COBZ) Trading Up – Insider Trading Activity (NASDAQ:COBZ)
www.fidaily.com - September 13 at 9:07 AM
thestreet.com logoCOBZ Crosses Above Average Analyst Target (NASDAQ:COBZ)
www.thestreet.com - September 3 at 8:58 AM
4-traders.com logoCOBIZ FINANCIAL INC : ex-dividend day (NASDAQ:COBZ)
www.4-traders.com - July 28 at 12:31 PM
4-traders.com logoCoBiz Financial : posts 2Q profit (NASDAQ:COBZ)
www.4-traders.com - July 23 at 4:15 PM
publicnow.com logoCoBiz Financial Announces Second Quarter 2016 Results (NASDAQ:COBZ)
www.publicnow.com - July 22 at 8:08 PM
finance.yahoo.com logoEdited Transcript of COBZ earnings conference call or presentation 22-Jul-16 3:00pm GMT (NASDAQ:COBZ)
finance.yahoo.com - July 22 at 4:03 PM
seekingalpha.com logoCoBiz Financial beats by $0.03, misses on revenue (NASDAQ:COBZ)
seekingalpha.com - July 22 at 12:22 AM
sg.finance.yahoo.com logoCoBiz posts 2Q profit (NASDAQ:COBZ)
sg.finance.yahoo.com - July 21 at 6:37 PM
capitalcube.com logoCoBiz Financial, Inc. breached its 50 day moving average in a Bullish Manner : COBZ-US : July 11, 2016 (NASDAQ:COBZ)
www.capitalcube.com - July 11 at 9:31 AM
bizjournals.com logoSally Hallingstad - Top Women in Energy (NASDAQ:COBZ)
www.bizjournals.com - July 9 at 6:35 AM
finance.yahoo.com logoCoBiz Financial Invites You to Join Its Second Quarter 2016 Conference Call (NASDAQ:COBZ)
finance.yahoo.com - June 27 at 3:53 PM
capitalcube.com logoCoBiz Financial, Inc. breached its 50 day moving average in a Bearish Manner : COBZ-US : June 27, 2016 (NASDAQ:COBZ)
www.capitalcube.com - June 27 at 10:36 AM
capitalcube.com logoCoBiz Financial, Inc. breached its 50 day moving average in a Bearish Manner : COBZ-US : June 15, 2016 (NASDAQ:COBZ)
www.capitalcube.com - June 15 at 8:14 AM
News IconBangert Steven, Chairman/CEO of CoBiz Financial Inc (NASDAQ:COBZ) sells 13,000 shares (NASDAQ:COBZ)
empowerednews.net - May 27 at 12:32 PM
publicnow.com logoCoBiz Financial Announces First Quarter 2016 Results (NASDAQ:COBZ)
www.publicnow.com - May 4 at 7:11 PM
capitalcube.com logoCoBiz Financial, Inc. :COBZ-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:COBZ)
www.capitalcube.com - April 27 at 9:33 AM
biz.yahoo.com logoCOBIZ FINANCIAL INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:COBZ)
biz.yahoo.com - April 25 at 4:05 PM
finance.yahoo.com logoCoverage initiated on CoBiz by Hovde Group (NASDAQ:COBZ)
finance.yahoo.com - April 25 at 7:37 AM
finance.yahoo.com logoEdited Transcript of COBZ earnings conference call or presentation 22-Apr-16 3:00pm GMT (NASDAQ:COBZ)
finance.yahoo.com - April 22 at 3:54 PM
sg.finance.yahoo.com logoCoBiz posts 1Q profit (NASDAQ:COBZ)
sg.finance.yahoo.com - April 21 at 5:14 PM
biz.yahoo.com logoCOBIZ FINANCIAL INC Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial Statem (NASDAQ:COBZ)
biz.yahoo.com - April 21 at 5:02 PM
publicnow.com logoCoBiz Financial Invites You to Join Its First Quarter 2016 Conference Call (NASDAQ:COBZ)
www.publicnow.com - April 21 at 9:06 AM
biz.yahoo.com logoQ1 2016 CoBiz Financial Inc Earnings Release - After Market Close (NASDAQ:COBZ)
biz.yahoo.com - April 21 at 7:07 AM
capitalcube.com logoCoBiz Financial, Inc. breached its 50 day moving average in a Bullish Manner : COBZ-US : March 8, 2016 (NASDAQ:COBZ)
www.capitalcube.com - March 8 at 8:19 AM
capitalcube.com logoCoBiz Financial, Inc. Earnings Analysis: 2015 By the Numbers (NASDAQ:COBZ)
www.capitalcube.com - February 24 at 11:18 AM
biz.yahoo.com logoCOBIZ FINANCIAL INC Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:COBZ)
biz.yahoo.com - February 12 at 5:24 PM
finance.yahoo.com logoEdited Transcript of COBZ earnings conference call or presentation 12-Feb-16 4:00pm GMT (NASDAQ:COBZ)
finance.yahoo.com - February 12 at 5:23 PM
sg.finance.yahoo.com logoCoBiz posts 4Q profit (NASDAQ:COBZ)
sg.finance.yahoo.com - February 12 at 8:15 AM
seekingalpha.com logoCoBiz Financial misses by $0.07 (NASDAQ:COBZ)
seekingalpha.com - February 12 at 7:55 AM
biz.yahoo.com logoCOBIZ FINANCIAL INC Files SEC form 10-K, Annual Report (NASDAQ:COBZ)
biz.yahoo.com - February 12 at 6:16 AM
News IconDalton Greiner Hartman Maher & Company Lowers Position in CoBiz Financial Inc (COBZ) (NASDAQ:COBZ)
corvuswire.com - February 9 at 1:29 PM
finance.yahoo.com logoCoBiz Financial Inc. (COBZ) (NASDAQ:COBZ)
finance.yahoo.com - February 3 at 12:40 PM
biz.yahoo.com logoCOBIZ FINANCIAL INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhib (NASDAQ:COBZ)
biz.yahoo.com - January 29 at 6:03 AM
publicnow.com logoCoBiz Financial Has Cancelled Its Fourth Quarter 2015 Conference Call (NASDAQ:COBZ)
www.publicnow.com - January 28 at 5:58 PM
finance.yahoo.com logo5:36 pm CoBiz has cancelled it fourth quarter earnings conference call scheduled for Friday, Jan. 29, 2016; the call will be rescheduled for a later date (NASDAQ:COBZ)
finance.yahoo.com - January 28 at 5:36 PM
biz.yahoo.com logoQ4 2015 CoBiz Financial Inc Earnings Release - After Market Close (NASDAQ:COBZ)
biz.yahoo.com - January 28 at 7:07 AM
thestreet.com logoCash Dividend On The Way From CoBiz Financial (COBZ) (NASDAQ:COBZ)
www.thestreet.com - January 26 at 12:46 PM
biz.yahoo.com logoCOBIZ FINANCIAL INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Ob (NASDAQ:COBZ)
biz.yahoo.com - January 22 at 5:06 PM
biz.yahoo.com logoCOBIZ FINANCIAL INC Files SEC form 8-K, Other Events (NASDAQ:COBZ)
biz.yahoo.com - January 21 at 4:49 PM
noodls.com logoCoBiz Financial Invites You to Join Its Fourth Quarter 2015 Conference Call (NASDAQ:COBZ)
www.noodls.com - December 16 at 4:42 PM
capitalcube.com logoCoBiz Financial, Inc. breached its 50 day moving average in a Bearish Manner : December 14, 2015 (NASDAQ:COBZ)
www.capitalcube.com - December 14 at 12:44 PM
finance.yahoo.com logoCOBIZ FINANCIAL INC Financials (NASDAQ:COBZ)
finance.yahoo.com - December 8 at 1:16 PM
insidermonkey.com logoHedge Funds Are Dumping Diana Shipping Inc. (DSX) (NASDAQ:COBZ)
www.insidermonkey.com - November 29 at 11:55 AM
insidermonkey.com logoIs Kelly Services, Inc. (KELYA) A Good Stock To Buy? (NASDAQ:COBZ)
www.insidermonkey.com - November 23 at 2:28 PM
bizjournals.com logoExclusive: Former Green Manning & Bunch president launches Denver investment banking firm (NASDAQ:COBZ)
www.bizjournals.com - November 3 at 4:56 PM
biz.yahoo.com logoCOBIZ FINANCIAL INC Files SEC form 10-Q, Quarterly Report (NASDAQ:COBZ)
biz.yahoo.com - October 23 at 2:20 PM
capitalcube.com logoCoBiz Financial, Inc. Earnings Q3, 2015 (NASDAQ:COBZ)
www.capitalcube.com - October 22 at 10:52 AM
capitalcube.com logoCoBiz Financial, Inc. breached its 50 day moving average in a Bearish Manner : October 19, 2015 (NASDAQ:COBZ)
www.capitalcube.com - October 19 at 9:50 AM
finance.yahoo.com logoEdited Transcript of COBZ earnings conference call or presentation 16-Oct-15 3:00pm GMT (NASDAQ:COBZ)
finance.yahoo.com - October 16 at 5:26 PM
noodls.com logoCoBiz Financial Announces Third Quarter Results (NASDAQ:COBZ)
www.noodls.com - October 15 at 11:16 PM

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CoBiz Financial (NASDAQ:COBZ) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff