EPS for CoBiz Financial Inc. (COBZ) Expected At $0.29

June 15, 2018 - By Shawn Hawthorne

CoBiz Financial Inc. (NASDAQ:COBZ) LogoInvestors sentiment decreased to 1.17 in 2018 Q1. Its down 0.57, from 1.74 in 2017Q4. It is negative, as 10 investors sold CoBiz Financial Inc. shares while 31 reduced holdings. 9 funds opened positions while 39 raised stakes. 31.86 million shares or 3.09% less from 32.87 million shares in 2017Q4 were reported.
Aperio Grp Ltd owns 10,318 shares for 0% of their portfolio. Goldman Sachs Grp Inc holds 1.87M shares. 12,050 are owned by Ameriprise Financial. Moreover, Polaris Mgmt Lc has 0.09% invested in CoBiz Financial Inc. (NASDAQ:COBZ). Balyasny Asset Mngmt Ltd holds 0% or 38,123 shares. 3,201 were reported by Us Fincl Bank De. Principal Financial Incorporated has 12,196 shares for 0% of their portfolio. Fmr Ltd Com has invested 0% in CoBiz Financial Inc. (NASDAQ:COBZ). Tudor Inv Et Al stated it has 11,958 shares. Amer Intl Gru Incorporated owns 24,618 shares or 0% of their US portfolio. Hartford Com accumulated 397,348 shares. Parametric Port Limited Liability Corp owns 0% invested in CoBiz Financial Inc. (NASDAQ:COBZ) for 26,169 shares. Manufacturers Life Ins The has invested 0% in CoBiz Financial Inc. (NASDAQ:COBZ). Gabelli Funds Ltd Liability Corporation owns 0% invested in CoBiz Financial Inc. (NASDAQ:COBZ) for 34,500 shares. Swiss Savings Bank stated it has 65,600 shares or 0% of all its holdings.

Since March 7, 2018, it had 0 insider buys, and 4 insider sales for $352,023 activity. $49,334 worth of stock was sold by Huss Christopher S on Wednesday, March 7. On Wednesday, March 14 Pass David sold $25,263 worth of CoBiz Financial Inc. (NASDAQ:COBZ) or 1,250 shares. $199,000 worth of stock was sold by DALTON RICHARD J on Wednesday, March 7.

Analysts expect CoBiz Financial Inc. (NASDAQ:COBZ) to report $0.29 EPS on July, 19.They anticipate $0.06 EPS change or 26.09 % from last quarter’s $0.23 EPS. COBZ’s profit would be $12.14 million giving it 18.97 P/E if the $0.29 EPS is correct. After having $0.31 EPS previously, CoBiz Financial Inc.’s analysts see -6.45 % EPS growth. It closed at $22 lastly. It is down 36.53% since June 15, 2017 and is uptrending. It has outperformed by 23.96% the S&P500.

CoBiz Financial Inc. (NASDAQ:COBZ) Ratings Coverage

Among 3 analysts covering Cobiz Financial Inc (NASDAQ:COBZ), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Cobiz Financial Inc had 3 analyst reports since December 21, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, December 21 by Keefe Bruyette & Woods. The stock has “Buy” rating by Sandler O’Neill on Monday, January 29. Piper Jaffray maintained it with “Hold” rating and $22.0 target in Monday, January 29 report.

CoBiz Financial Inc., a diversified financial services company, provides various financial services and products in the United States. The company has market cap of $921.07 million. It operates through Commercial Banking and Fee-Based Lines divisions. It has a 24.77 P/E ratio. The Commercial Banking segment offers commercial, real estate, and private banking services; and treasury management, interest-rate hedging, and depository products.

CoBiz Financial Inc. (NASDAQ:COBZ) Institutional Positions Chart

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