CoBiz Financial

CoBiz Financial (NASDAQ:COBZ) is a multi-billion dollar financial services company that serves the complete financial needs of businesses, business owners and professionals in Colorado and Arizona. With products and services to meet all your financial goals, we can free you from the challenge of working with several disparate providers. With our integrated approach, we can suggest solutions that are uniquely tailored to -- and even anticipate -- your changing needs.

Company Growth (employees)
Type
Public
HQ
Denver, US
Founded
1980
Size (employees)
529 (est)
CoBiz Financial was founded in 1980 and is headquartered in Denver, US

CoBiz Financial Office Locations

CoBiz Financial has an office in Denver
Denver, US (HQ)
821 17th St

CoBiz Financial Data and Metrics

CoBiz Financial Financial Metrics

CoBiz Financial's revenue was reported to be $41.4 m in Q1, 2017
USD

Revenue (Q1, 2017)

41.4 m

Gross profit (Q1, 2017)

38.4 m

Gross profit margin (Q1, 2017), %

93%

Net income (Q1, 2017)

8.6 m

EBIT (Q1, 2017)

29.5 m

Market capitalization (18-Aug-2017)

696.1 m

Cash (31-Mar-2017)

87.5 m
CoBiz Financial's current market capitalization is $696.1 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

106.1 m114.3 m121.3 m127.8 m

Revenue growth, %

8%6%5%

Cost of goods sold

9.6 m11.7 m

Gross profit

111.7 m116.1 m

Gross profit Margin, %

92%91%

Sales and marketing expense

71.5 m

Operating expense total

71.5 m

EBIT

40.8 m44.2 m35.7 m118.2 m

EBIT margin, %

38%39%29%92%

Pre tax profit

35.7 m47.1 m

Income tax expense

9.6 m12.2 m

Net Income

27.6 m29 m26.1 m34.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

37.5 m38.9 m37.3 m38 m37.6 m38.9 m39.3 m41.6 m41.4 m

Cost of goods sold

2.2 m2.1 m2 m2 m2.8 m3 m3 m2.9 m3 m

Gross profit

35.4 m36.8 m35.3 m36 m34.8 m35.9 m36.3 m38.7 m38.4 m

Gross profit Margin, %

94%94%95%95%93%92%92%93%93%

Sales and marketing expense

16.7 m17.7 m18.1 m17 m16.6 m17.6 m18 m17.5 m19.1 m

Operating expense total

16.7 m17.7 m18.1 m17 m16.6 m17.6 m18 m17.5 m19.1 m

EBIT

27.3 m27.5 m28.8 m27 m26.6 m27.9 m30.2 m30.6 m29.5 m

EBIT margin, %

73%71%77%71%71%72%77%73%71%

Pre tax profit

13.1 m12.2 m10.7 m10.6 m9.3 m9.7 m11.7 m13.8 m10.7 m

Income tax expense

42 k3.2 m2.3 m42 k3.2 m3.5 m2.1 m

Net Income

8.6 m7.9 m7.3 m7.4 m7 m7.4 m8.5 m10.3 m8.6 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

76 m91.6 m67.3 m96.1 m

Accounts Receivable

8.8 m9.6 m10.4 m12.2 m

Inventories

510.4 m

Total Assets

2.8 b3.1 b3.4 b3.6 b

Accounts Payable

3 b

Total Liabilities

3.3 b

Additional Paid-in Capital

240.7 m245 m192.8 m197.8 m

Retained Earnings

103.6 m

Total Equity

281.1 m308.8 m273.5 m302.3 m

Financial Leverage

10 x9.9 x12.3 x12 x
USDQ2, 2014Q3, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

130.6 m93.7 m63.4 m85.1 m86.1 m87.5 m

Inventories

526.8 m500.5 m495 m477.6 m455.1 m572.1 m

Total Assets

3 b3 b3.4 b3.5 b3.5 b3.7 b

Accounts Payable

2.3 b2.4 b2.8 b2.8 b2.9 b3.1 b

Additional Paid-in Capital

242.6 m243.6 m193.9 m195.2 m196.3 m199 m

Retained Earnings

109.3 m

Total Equity

296.1 m302.7 m277.8 m286.1 m295.8 m310.2 m

Financial Leverage

10.2 x10 x12.1 x12.1 x11.7 x12 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

27.6 m29 m26.1 m34.9 m

Depreciation and Amortization

3.7 m600 k600 k

Accounts Receivable

(416 k)9.6 m

Cash From Operating Activities

26.8 m15.5 m34.1 m

Cash From Investing Activities

(151.7 m)(320.3 m)

Dividends Paid

(1.5 m)(463 k)

Cash From Financing Activities

135 m261.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

8.6 m7.9 m7.3 m7.4 m7 m7.4 m8.5 m10.3 m8.6 m

Depreciation and Amortization

149 k147 k150 k150 k150 k150 k150 k150 k150 k

Accounts Receivable

9 m9.8 m10.8 m11.1 m11 m
USDY, 2017

Revenue/Employee

77.7 k

Financial Leverage

12 x

CoBiz Financial Market Value History

Traffic Overview of CoBiz Financial

CoBiz Financial Online and Social Media Presence

CoBiz Financial Company Life and Culture

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