SAN JOSE, CA--(Marketwired - Apr 13, 2015) - Bridge Capital Holdings (
Each year, The Findley Reports recognizes certain high performing banks as "Super Premier", "Premier", and "Commendable" based upon their operating results. Out of 123 banks recognized in 2014, Bridge Bank is one of only 64 performers to be recognized as "Super Premier." Banks are rated on four basic components: growth, return on beginning equity, net operating income as a percentage of average assets and loan losses as a percentage of gross loans.
"We're pleased to again recognize Bridge Bank for their continued "Super Premier" performance" said Gary Steven Findley, editor of The Findley Reports. "This achievement further validates the consistency we have seen in their strong performance," he added.
"To be recognized as a "Super Premier" performing bank by The Findley Reports for the eighth time is yet another indication of our collective ability to execute on our strategic plan and in a variety of economic circumstances," said Daniel P. Myers, president and chief executive officer of Bridge Bank and Bridge Capital Holdings. "We continually strive to add value to our clients' businesses by offering them the solutions they need to thrive in today's ever changing business environment and owe our success to the personal investment of our bankers in that mission," he added.
About Findley Reports The Findley Reports began recognizing banking institutions that have outstanding years with the designation of "Premier" performance in 1967. In the late 1970s, the category of "Commendable" for institutions reaching three of the four performance criteria was added. The "Superior Premier" category for banks achieving a higher level of performance was added in the 1980s.
These designations have become highly regarded and recipients are recognized throughout the Western United States as financial institutions achieving exceptional performance. The Findley Reports publishes the most comprehensive financial institution analysis materials offering comparison, performance and evaluation of California's banking industry.
About Bridge Bank, National Association Recognized by The Findley Reports as a Super Premium Performing Bank, and designated "Superior" by BauerFinancial and IDC, Bridge Bank is a full-service professional business bank founded in the highly competitive climate of Silicon Valley in 2001. From the very beginning, our goal has been to offer small-market and middle-market businesses from across many industries a better way to bank. Our technology banking division provides a broad range of financial solutions to venture-backed and non-venture-backed companies, enabling us to meet our clients' varied needs across all stages of business life. It's how we go about doing so that differentiates us from our competition. Bridge Bank's product offering includes growth capital, equipment and working capital credit facilities and treasury management solutions, along with a full line of international products and services and financing secured by domestic, government and foreign receivables. Learn more at the new www.bridgebank.com . Follow us @BridgeBank.
About Bridge Capital Holdings Bridge Capital Holdings is the holding company for Bridge Bank, National Association. Bridge Capital Holdings was formed on October 1, 2004 and holds a Global Select listing on the NASDAQ stock market under the trading symbol BBNK. Bridge Bank Holding Company was recently admitted to Sandler O'Neill's Class of 2014 "Sm-All Stars" -- a select group of 35 top-performing publicly traded banks and thrifts from throughout the U.S. with market capitalization of up to $2.5 billion. For additional information, visit the Bridge Capital Holdings website at www.bridgecapitalholdings.com .
Forward-Looking Statements
Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbors created by that Act. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements describe future plans, strategies and expectations. Forward-looking statements are based on currently available information, expectations, assumptions, projections, and management's judgment about the Company, the banking industry and general economic conditions. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely.
Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this press release. Factors that might cause such differences include, but are not limited to: the Company's ability to successfully execute its business plans and achieve its objectives; changes in general economic, real estate and financial market conditions, either nationally or locally in areas in which the Company conducts its operations; changes in interest rates; new litigation or changes in existing litigation; future credit loss experience; increased competitive challenges and expanding product and pricing pressures among financial institutions; legislation or regulatory changes which adversely affect the Company's operations or business; loss of key personnel; changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies; and the ability to satisfy requirements related to the Sarbanes-Oxley Act and other regulation on internal control.
The reader should refer to the more complete discussion of such risks in Bridge Capital Holdings' annual reports on Forms 10-K and quarterly reports on Forms 10-Q on file with the Securities and Exchange Commission. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.
