Bank of Commerce (PHS:BNCOM) Scaled Net Operating Assets: 0.09 (As of Mar. 2026)


PHS:BNCOM Bank of Commerce PHS:BNCOM
72 GF Score
Price ₱11.14
GF Value ₱9.26
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Bank of Commerce Scaled Net Operating Assets?

Bank of Commerce PHS:BNCOM -0.18% 72 Scaled Net Operating Assets is 0.09 as of Mar. 2026. GuruFocus rates PHS:BNCOM with a GF Score™ of 72/100 and a GF Value™ of ₱9.26 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Bank of Commerce's operating assets for the quarter that ended in Mar. 2026 was ₱278,753 Mil. Bank of Commerce's operating liabilities for the quarter that ended in Mar. 2026 was ₱252,081 Mil. Bank of Commerce's Total Assets for the quarter that ended in Dec. 2025 was ₱286,854 Mil. Therefore, Bank of Commerce's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.09.

PHS:BNCOM
72GF Score
Bank of Commerce PHS:BNCOM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank of Commerce Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Bank of Commerce's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(263144.928-230216.118)/265440.067
=0.12

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=286853.532 - 23708.604
=263144.928

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=250275.495 - 20059.377 - 0
=230216.118

Bank of Commerce's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(278752.714-252080.692)/286853.532
=0.09

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=306110.882 - 27358.168
=278752.714

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=269976.598 - 17895.906 - 0
=252080.692

* 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.

What does a Scaled Net Operating Assets of 0.09 mean?
Bank of Commerce (PHS:BNCOM) has a Scaled Net Operating Assets of 0.09 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Bank of Commerce and its competitors.
Is Bank of Commerce's Scaled Net Operating Assets too high?
Bank of Commerce's current Scaled Net Operating Assets is 0.09. Overall, Bank of Commerce has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Commerce's Scaled Net Operating Assets compare to JPM and BAC?
Bank of Commerce's Scaled Net Operating Assets of 0.09 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Bank of Commerce and its competitors. Bank of Commerce's current Scaled Net Operating Assets is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Commerce stock overvalued right now?
Based on GuruFocus' analysis, Bank of Commerce (PHS:BNCOM) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱9.26, compared to a current price of ₱11.14 — trading 20.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.09. Bank of Commerce's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Bank of Commerce (PHS:BNCOM), the current Scaled Net Operating Assets is 0.09 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bank of Commerce (PHS:BNCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Commerce stock appears to be overvalued. The current stock price of ₱11.14 is trading 20.3% above its estimated GF Value™ of ₱9.26. GuruFocus considers Bank of Commerce to be Modestly Overvalued.

Key valuation signals for PHS:BNCOM:

  • Scaled Net Operating Assets: 0.09
  • GF Value™: ₱9.26 vs. price of ₱11.14 (20.3% above fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the PHS:BNCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bank of Commerce Business Description

Address 7 St. Francis Street, San Miguel Properties Centre, P.O. Box 002, Mandaluyong, PHL, 1550
Bank of Commerce is a universal bank focused on helping its clients, communities, and conglomerate partners by delivering financial services. It provides banking solutions and a complete products and services in deposit, commercial loans, credit card services, consumer banking, transaction banking, corporate banking, investment banking, treasury, asset management, trust, and investments. Its segments include Treasury Management Group, Corporate Banking Group, Branch Banking Group, Consumer Group, and Others, with the majority of the revenue deriving from Corporate Banking Group, which principally handles loans and other credit facilities for corporate, institutional, and middle market clients.
72GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱11.14
Price
₱9.26
GF Value