CoBiz Financial Inc. (NASDAQ:COBZ) Updates On Dividend Release Date


On 2016-07-22, CoBiz Financial Inc. (NASDAQ:COBZ) confirmed the dividend disbursement of $0.05 a share to shareholders as on record 2016-08-01. The firm will release dividend on 2016-08-08 while ex-dividend date is reported to be 2016-07-28.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, CoBiz Financial Inc. (NASDAQ:COBZ) paid a total of $0.05 per share in dividends. This figure stood at $0.05 a share in the same period a year ago indicating a deviation of 13.3333%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $13.166 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $13.5 and $13, respectively.

Taking the mathematical rating formula, the price for CoBiz Financial Inc. (NASDAQ:COBZ) stands at 2.5. Earnings Review CoBiz Financial Inc. (NASDAQ:COBZ) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-20. For the period ending on 2016-09-30, experts are expecting EPS of $0.2.

Coming to the quarter ending on 2015-12-31, CoBiz Financial Inc. (NASDAQ:COBZ) recorded EPS of $0.21. The reported numbers came lower than the analysts’ estimates of $0.18, demonstrating a miss of $0.03 as against reported figures.

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