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Bank of Commerce Holdings (Bank of Commerce Holdings) Sloan Ratio % : 9.73% (As of Jun. 2021)


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What is Bank of Commerce Holdings Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

Bank of Commerce Holdings's Sloan Ratio for the quarter that ended in Jun. 2021 was 9.73%.

As of Jun. 2021, Bank of Commerce Holdings has a Sloan Ratio of 9.73%, indicating the company is in the safe zone and there is no funny business with accruals.


Bank of Commerce Holdings Sloan Ratio % Historical Data

The historical data trend for Bank of Commerce Holdings's Sloan Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bank of Commerce Holdings Sloan Ratio % Chart

Bank of Commerce Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.32 10.26 4.48 -5.46 14.30

Bank of Commerce Holdings Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.77 12.81 14.30 17.79 9.73

Competitive Comparison of Bank of Commerce Holdings's Sloan Ratio %

For the Banks - Regional subindustry, Bank of Commerce Holdings's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of Commerce Holdings's Sloan Ratio % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Commerce Holdings's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Bank of Commerce Holdings's Sloan Ratio % falls into.



Bank of Commerce Holdings Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

Bank of Commerce Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2020 )-Cash Flow from Operations (A: Dec. 2020 )
-Cash Flow from Investing (A: Dec. 2020 ))/Total Assets (A: Dec. 2020 )
=(14.164-22.773
--260.811)/1763.954
=14.30%

Bank of Commerce Holdings's Sloan Ratio for the quarter that ended in Jun. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2021 )
=(18.46-22.25
--190.422)/1917.153
=9.73%

Bank of Commerce Holdings's Net Income for the trailing twelve months (TTM) ended in Jun. 2021 was 4.329 (Sep. 2020 ) + 5.072 (Dec. 2020 ) + 4.92 (Mar. 2021 ) + 4.139 (Jun. 2021 ) = $18.46 Mil.
Bank of Commerce Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2021 was 5.652 (Sep. 2020 ) + 4.451 (Dec. 2020 ) + 6.33 (Mar. 2021 ) + 5.817 (Jun. 2021 ) = $22.25 Mil.
Bank of Commerce Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2021 was -56.522 (Sep. 2020 ) + -44.155 (Dec. 2020 ) + -84.173 (Mar. 2021 ) + -5.572 (Jun. 2021 ) = $-190.42 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bank of Commerce Holdings  (NAS:BOCH) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Jun. 2021, Bank of Commerce Holdings has a Sloan Ratio of 9.73%, indicating the company is in the safe zone and there is no funny business with accruals.


Bank of Commerce Holdings Sloan Ratio % Related Terms

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Bank of Commerce Holdings (Bank of Commerce Holdings) Business Description

Traded in Other Exchanges
N/A
Address
555 Capitol Mall, Suite 1255, Sacramento, CA, USA, 95814
Bank of Commerce Holdings Inc is a banking company. The company provides banking and related services to businesses, not-for-profit organizations, professional service providers and consumers in northern California. It provides financial services and products including checking, interest-bearing checking, savings, certificates of deposit, money market deposits. The company also offers to weep arrangements, commercial loans, construction loans, term loans, consumer loans, safe deposit boxes, and electronic banking services. It also accepts as collateral for loans, real estate, listed and unlisted securities, savings and time deposits.
Executives
James A Sundquist officer: EVP Chief Financial Officer C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
David J Inderkum director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Lyle L Tullis director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Carl W Rood officer: EVP Chief Operating Officer C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Gary Burks director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Terence John Street director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Jon Halfhide director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Joseph Gibson director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Karl L Silberstein director 1901 CHURN CREEK ROAD REDDING CA 96002
Orin N Bennett director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Robert H Muttera officer: EVP Chief Credit Officer C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Samuel D Jimenez officer: EVP Chief Operating Officer C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Randall S Eslick director, officer: President & CEO C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Linda J Miles director C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002
Patrick J Moty officer: EVP & Regional President C/O BANK OF COMMERCE HOLDINGS 1901 CHURN CREEK ROAD REDDING CA 96002

Bank of Commerce Holdings (Bank of Commerce Holdings) Headlines

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