CoBiz Financial Company Profile (NASDAQ:COBZ)

About CoBiz Financial (NASDAQ:COBZ)

CoBiz Financial logoCoBiz Financial Inc. is a financial holding company. The Company provides a range of banking and related services through its subsidiaries, CoBiz Bank (Bank), CoBiz Insurance, Inc. and CoBiz IM, Inc. (CoBiz IM). The Company's segments include Commercial Banking, Fee-Based Lines, and Corporate Support and Other. Its Commercial Banking segment consists of the operations of the Bank, a full-service business banking institution that offers commercial, real estate and private banking, as well as treasury management, interest-rate hedging and depository products. Its Fee-Based Lines segment consists of the operations of CoBiz Wealth, LLC and CoBiz Insurance, Inc. CoBiz Wealth, LLC provides investment management advisory services to individuals, families and businesses. CoBiz Insurance, Inc. offers property and casualty (P&C) and employee benefit group insurance (EB) broker agency to small to mid-sized employers, commercial enterprises and individual lines to their owners.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:COBZ
  • CUSIP: 19089710
  • Web:
  • Market Cap: $862.38 million
  • Outstanding Shares: 41,361,000
Average Prices:
  • 50 Day Moving Avg: $18.39
  • 200 Day Moving Avg: $17.20
  • 52 Week Range: $12.40 - $21.18
  • Trailing P/E Ratio: 23.43
  • Foreward P/E Ratio: 19.13
  • P/E Growth: 2.11
Sales & Book Value:
  • Annual Revenue: $156.65 million
  • Price / Sales: 5.51
  • Book Value: $7.72 per share
  • Price / Book: 2.70
  • Annual Dividend: $0.22
  • Dividend Yield: 1.1%
  • Net Margins: 21.95%
  • Return on Equity: 12.24%
  • Return on Assets: 1.02%
  • Debt-to-Equity Ratio: 0.41%
  • Current Ratio: 0.93%
  • Quick Ratio: 0.93%
  • Average Volume: 124,342 shs.
  • Beta: 1.24
  • Short Ratio: 13.29

Frequently Asked Questions for CoBiz Financial (NASDAQ:COBZ)

What is CoBiz Financial's stock symbol?

CoBiz Financial trades on the NASDAQ under the ticker symbol "COBZ."

How often does CoBiz Financial pay dividends? What is the dividend yield for CoBiz Financial?

CoBiz Financial declared a dividend on Friday, October 20th. Investors of record on Monday, October 30th will be paid a dividend of $0.055 per share on Monday, November 6th. The ex-dividend date is Friday, October 27th. View CoBiz Financial's Dividend History.

How were CoBiz Financial's earnings last quarter?

CoBiz Financial Inc. (NASDAQ:COBZ) issued its quarterly earnings data on Thursday, October, 19th. The company reported $0.27 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.04. The firm earned $42.76 million during the quarter, compared to analysts' expectations of $41.13 million. CoBiz Financial had a net margin of 21.95% and a return on equity of 12.24%. View CoBiz Financial's Earnings History.

When will CoBiz Financial make its next earnings announcement?

CoBiz Financial is scheduled to release their next quarterly earnings announcement on Thursday, January, 25th 2018. View Earnings Estimates for CoBiz Financial.

Where is CoBiz Financial's stock going? Where will CoBiz Financial's stock price be in 2017?

5 brokerages have issued twelve-month price objectives for CoBiz Financial's shares. Their forecasts range from $18.00 to $19.50. On average, they expect CoBiz Financial's stock price to reach $18.83 in the next year. View Analyst Ratings for CoBiz Financial.

Who are some of CoBiz Financial's key competitors?

Who are CoBiz Financial's key executives?

CoBiz Financial's management team includes the folowing people:

  • Steven Bangert, Chairman of the Board, Chief Executive Officer
  • Lyne B. Andrich CPA, Chief Financial Officer, Executive Vice President, IR Contact Officer
  • Scott E. Page, Chief Executive Officer of CoBiz Bank
  • Richard J. Dalton, Chief Operating Officer, Executive Vice President
  • David E. Pass JR, Executive Vice President, Chief Information Officer
  • Troy R. Dumlao, Senior Vice President, Chief Accounting Officer
  • Susan L. Hermann, Senior Vice President, Director of Communications
  • Christopher S. Huss, Senior Vice President and Capital Markets Director
  • Robert B. Ostertag, Executive Vice President, Chief Credit Officer of the Bank
  • Evan Makovsky, Director

How do I buy CoBiz Financial stock?

Shares of CoBiz Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CoBiz Financial's stock price today?

One share of CoBiz Financial stock can currently be purchased for approximately $20.85.

MarketBeat Community Rating for CoBiz Financial (NASDAQ COBZ)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  117 (Vote Outperform)
Underperform Votes:  139 (Vote Underperform)
Total Votes:  256
MarketBeat's community ratings are surveys of what our community members think about CoBiz Financial and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CoBiz Financial (NASDAQ:COBZ) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $18.83 (9.67% downside)
Consensus Price Target History for CoBiz Financial (NASDAQ:COBZ)
Price Target History for CoBiz Financial (NASDAQ:COBZ)
Analysts' Ratings History for CoBiz Financial (NASDAQ:COBZ)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/26/2017Piper Jaffray CompaniesReiterated RatingHold$19.50LowView Rating Details
7/21/2017DA DavidsonReiterated RatingNeutralLowView Rating Details
5/2/2017Keefe, Bruyette & WoodsReiterated RatingBuy$18.00MediumView Rating Details
3/10/2017Hovde GroupUpgradeMarket Perform -> Outperform$19.00LowView Rating Details
10/24/2016MacquarieDowngradeOutperform -> NeutralN/AView Rating Details
2/16/2016Royal Bank Of CanadaLower Price TargetOutperform$14.00 -> $13.00N/AView Rating Details
(Data available from 10/22/2015 forward)


Earnings History for CoBiz Financial (NASDAQ:COBZ)
Earnings by Quarter for CoBiz Financial (NASDAQ:COBZ)
Earnings History by Quarter for CoBiz Financial (NASDAQ COBZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/19/2017Q3 2017$0.23$0.27$41.13 million$42.76 millionViewN/AView Earnings Details
7/20/2017Q2 2017$0.21$0.23$39.88 million$40.32 millionViewN/AView Earnings Details
4/27/2017Q1 2017$0.20$0.20$40.00 million$38.41 millionViewN/AView Earnings Details
1/26/2017Q416$0.21$0.21$39.43 million$39.26 millionViewN/AView Earnings Details
10/20/2016Q316$0.20$0.25$39.01 million$38.69 millionViewN/AView Earnings Details
7/21/2016Q216$0.18$0.21$37.70 million$36.35 millionViewN/AView Earnings Details
4/21/2016Q116$0.18$0.18$37.45 million$35.92 millionViewN/AView Earnings Details
10/15/2015Q315$0.18$0.17$36.65 million$34.79 millionViewListenView Earnings Details
7/16/2015Q215$0.18$0.17$36.60 million$36.01 millionViewListenView Earnings Details
4/16/2015Q115$0.17$0.18$36.15 million$35.32 millionViewN/AView Earnings Details
1/22/2015Q414$0.18$0.17$36.55 million$35.19 millionViewN/AView Earnings Details
10/18/2014$0.19$0.19$36.64 millionViewN/AView Earnings Details
10/16/2014Q314$0.19$0.19$36.05 million$36.80 millionViewN/AView Earnings Details
7/17/2014Q214$0.17$0.21$34.00 million$35.39 millionViewN/AView Earnings Details
4/23/2014Q114$0.16$0.13$33.55 million$30.59 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)


Earnings Estimates for CoBiz Financial (NASDAQ:COBZ)
2017 EPS Consensus Estimate: $0.90
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.19$0.21$0.20
Q2 20172$0.21$0.22$0.22
Q3 20172$0.23$0.24$0.24
Q4 20172$0.23$0.26$0.25
(Data provided by Zacks Investment Research)


Current Dividend Information for CoBiz Financial (NASDAQ:COBZ)
Next Dividend:11/6/2017
Annual Dividend:$0.22
Dividend Yield:1.06%
Payout Ratio:24.18% (Trailing 12 Months of Earnings)
23.91% (Based on This Year's Estimates)
20.18% (Based on Next Year's Estimates)
Dividend Payments by Quarter for CoBiz Financial (NASDAQ:COBZ)

Dividend History by Quarter for CoBiz Financial (NASDAQ COBZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for CoBiz Financial (NASDAQ:COBZ)
Insider Ownership Percentage: 9.90%
Institutional Ownership Percentage: 82.93%
Insider Trades by Quarter for CoBiz Financial (NASDAQ:COBZ)
Institutional Ownership by Quarter for CoBiz Financial (NASDAQ:COBZ)
Insider Trades by Quarter for CoBiz Financial (NASDAQ:COBZ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/8/2017Steven BangertCEOSell8,000$17.62$140,960.00View SEC Filing  
8/1/2017David PassEVPSell993$17.81$17,685.33View SEC Filing  
7/25/2017Richard J DaltonCOOSell10,000$17.80$178,000.00View SEC Filing  
7/25/2017Scott PageCEOSell8,057$17.68$142,447.76View SEC Filing  
7/25/2017Troy DumlaoSVPSell493$18.10$8,923.30View SEC Filing  
6/12/2017Christopher S HussInsiderSell5,000$17.35$86,750.00View SEC Filing  
6/2/2017Steven BangertCEOSell10,000$16.41$164,100.00View SEC Filing  
5/19/2017Sue HermannSVPSell1,028$15.75$16,191.00View SEC Filing  
5/12/2017Robert OstertagInsiderSell3,976$16.02$63,695.52View SEC Filing  
5/4/2017Evan MakovskyDirectorSell3,500$16.60$58,100.00View SEC Filing  
5/3/2017Michael B BurgamyDirectorSell1,500$16.70$25,050.00View SEC Filing  
3/17/2017Mary M WhiteDirectorSell741$17.00$12,597.00View SEC Filing  
3/17/2017Richard J DaltonCOOSell5,324$16.95$90,241.80View SEC Filing  
3/16/2017David PassEVPSell1,500$16.96$25,440.00View SEC Filing  
3/15/2017Mary M WhiteDirectorSell3,667$17.06$62,559.02View SEC Filing  
3/14/2017Mary M WhiteDirectorSell1,008$17.00$17,136.00View SEC Filing  
3/14/2017Steven BangertCEOSell7,500$17.00$127,500.00View SEC Filing  
2/1/2017Richard J DaltonCOOSell10,000$17.50$175,000.00View SEC Filing  
1/30/2017Scott PageCEOSell5,667$17.59$99,682.53View SEC Filing  
12/16/2016Lyne B AndrichCFOSell4,454$16.61$73,980.94View SEC Filing  
12/15/2016Christopher S HussInsiderSell5,000$16.77$83,850.00View SEC Filing  
12/15/2016Sue HermannSVPSell606$16.91$10,247.46View SEC Filing  
12/12/2016Richard J DaltonCOOSell5,000$16.17$80,850.00View SEC Filing  
11/28/2016Mary Beth VitaleDirectorSell1,500$15.31$22,965.00View SEC Filing  
11/28/2016Steven BangertCEOSell3,776$15.27$57,659.52View SEC Filing  
11/23/2016Lyne B AndrichCFOSell5,667$15.45$87,555.15View SEC Filing  
11/23/2016Mary K RhinehartDirectorSell1,000$15.38$15,380.00View SEC Filing  
11/22/2016Mary M WhiteDirectorSell1,000$15.20$15,200.00View SEC Filing  
11/14/2016Scott PageCEOSell5,441$15.30$83,247.30View SEC Filing  
11/11/2016Lyne B AndrichCFOSell2,000$15.01$30,020.00View SEC Filing  
11/11/2016Michael B BurgamyDirectorSell20,000$14.80$296,000.00View SEC Filing  
11/11/2016Troy DumlaoSVPSell600$14.92$8,952.00View SEC Filing  
10/24/2016Christopher S HussInsiderSell6,742$13.33$89,870.86View SEC Filing  
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)


Headline Trends for CoBiz Financial (NASDAQ:COBZ)
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CoBiz Financial (COBZ) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by Staff

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