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Bank of Commerce Holdings (Bank of Commerce Holdings) Asset Turnover : 0.01 (As of Jun. 2021)


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What is Bank of Commerce Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bank of Commerce Holdings's Revenue for the three months ended in Jun. 2021 was $15.00 Mil. Bank of Commerce Holdings's Total Assets for the quarter that ended in Jun. 2021 was $1,873.13 Mil. Therefore, Bank of Commerce Holdings's Asset Turnover for the quarter that ended in Jun. 2021 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Bank of Commerce Holdings's annualized ROE % for the quarter that ended in Jun. 2021 was 9.22%. It is also linked to ROA % through Du Pont Formula. Bank of Commerce Holdings's annualized ROA % for the quarter that ended in Jun. 2021 was 0.88%.


Bank of Commerce Holdings Asset Turnover Historical Data

The historical data trend for Bank of Commerce Holdings's Asset Turnover 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 Asset Turnover Chart

Bank of Commerce Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

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
Asset Turnover 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Bank of Commerce Holdings's Asset Turnover

For the Banks - Regional subindustry, Bank of Commerce Holdings's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Commerce Holdings's Asset Turnover falls into.



Bank of Commerce Holdings Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=59.507/( (1479.616+1763.954)/ 2 )
=59.507/1621.785
=0.04

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=14.998/( (1829.102+1917.153)/ 2 )
=14.998/1873.1275
=0.01

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Bank of Commerce Holdings  (NAS:BOCH) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Bank of Commerce Holdings's annulized ROE % for the quarter that ended in Jun. 2021 is

ROE %**(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=16.556/179.6385
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(16.556 / 59.992)*(59.992 / 1873.1275)*(1873.1275/ 179.6385)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.6 %*0.032*10.4272
=ROA %*Equity Multiplier
=0.88 %*10.4272
=9.22 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Bank of Commerce Holdings's annulized ROA % for the quarter that ended in Jun. 2021 is

ROA %(Q: Jun. 2021 )
=Net Income/Total Assets
=16.556/1873.1275
=(Net Income / Revenue)*(Revenue / Total Assets)
=(16.556 / 59.992)*(59.992 / 1873.1275)
=Net Margin %*Asset Turnover
=27.6 %*0.032
=0.88 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Bank of Commerce Holdings Asset Turnover Related Terms

Thank you for viewing the detailed overview of Bank of Commerce Holdings's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


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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