Company Quick10K Filing
National Commerce
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 21 $740
10-K 2019-03-04 Annual: 2018-12-31
10-Q 2018-11-09 Quarter: 2018-09-30
10-Q 2018-08-09 Quarter: 2018-06-30
10-Q 2018-05-10 Quarter: 2018-03-31
10-K 2018-03-09 Annual: 2017-12-31
10-Q 2017-11-09 Quarter: 2017-09-30
10-Q 2017-08-09 Quarter: 2017-06-30
10-Q 2017-05-10 Quarter: 2017-03-31
10-K 2017-03-10 Annual: 2016-12-31
10-Q 2016-11-08 Quarter: 2016-09-30
10-Q 2016-08-08 Quarter: 2016-06-30
10-Q 2016-05-06 Quarter: 2016-03-31
10-K 2016-03-11 Annual: 2015-12-31
10-Q 2015-11-12 Quarter: 2015-09-30
10-Q 2015-08-13 Quarter: 2015-06-30
10-Q 2015-05-15 Quarter: 2015-03-31
10-K 2015-02-20 Annual: 2014-12-31
10-Q 2014-12-08 Quarter: 2014-09-30
8-K 2019-04-01 M&A, Shareholder Rights, Control, Officers, Exhibits
8-K 2019-03-12 Other Events
8-K 2019-03-07 Shareholder Vote
8-K 2019-02-05 Other Events, Exhibits
8-K 2019-01-25 Other Events
8-K 2019-01-22 Earnings, Other Events, Exhibits
8-K 2019-01-07 Other Events, Exhibits
8-K 2018-12-12 Officers, Exhibits
8-K 2018-11-23 Enter Agreement, Officers, Other Events, Exhibits
8-K 2018-10-23 Earnings, Exhibits
8-K 2018-09-12 Officers, Exhibits
8-K 2018-08-28 Officers, Other Events, Exhibits
8-K 2018-08-01 M&A, Officers, Other Events, Exhibits
8-K 2018-07-30 Regulation FD, Exhibits
8-K 2018-07-24 Earnings, Exhibits
8-K 2018-07-01 Other Events, Exhibits
8-K 2018-06-26 Other Events
8-K 2018-05-22 Shareholder Vote
8-K 2018-05-01 Regulation FD, Exhibits
8-K 2018-04-24 Enter Agreement, Earnings, Other Events, Exhibits
8-K 2018-03-20 Enter Agreement, Other Events, Exhibits
8-K 2018-02-07 Regulation FD, Exhibits
8-K 2018-01-24 Earnings, Exhibits
8-K 2018-01-16 Officers, Exhibits
8-K 2018-01-01 Officers, Other Events, Exhibits

National Commerce Financials

NCOM Metrics, Comps, Filings

Annual | Quarterly

Business

We are a bank holding company headquartered in Birmingham, Alabama, that has elected to become a “financial holding company” under the Bank Holding Company Act of 1956, as amended (the “BHCA”). We engage in the business of banking through our wholly-owned banking subsidiary, National Bank of Commerce, which we may refer to as “the Bank” or “NBC.”

Through the Bank, we provide a broad array of financial services to businesses, business owners, and professionals. We operate seven full-service banking offices in Alabama, located in Birmingham, Huntsville, Auburn-Opelika, and Baldwin County, twenty‐four full‐service banking offices in central and northeast Florida (including under the trade names United Legacy Bank, Reunion Bank of Florida, Patriot Bank, FirstAtlantic Bank and Premier Community Bank of Florida) and five full‐service banking offices in the Atlanta, Georgia metro area (including under the trade names Private Bank of Buckhead, Private Bank of Decatur, PrivatePlus Mortgage and Landmark Bank).

We engage in the business of factoring commercial receivables through the Bank's ownership of a 70% equity interest in CBI Holding Company, LLC (“CBI”). CBI owns Corporate Billing, LLC (“Corporate Billing”), a transaction-based finance company headquartered in Decatur, Alabama, that provides factoring, invoicing, collection, and accounts receivable management services to transportation companies and automotive parts and service providers throughout the United States and parts of Canada.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Lakeland Bancorp (LBAI) 803 3.6 1% 6,407 5,709 0 0 65 156 556
Origin Bancorp (OBNK) 795 5.4 1% 5,120 4,535 0 0 52 110 596
Carolina Financial (CARO) 786 0% 6.9 2% 3,888 3,282 4 0 60 111 765
ConnectOne Bancorp (CNOB) 784 7.4 1% 6,109 5,410 0 0 69 163 1,197
HomeStreet (HMST) 782 6.5 0% 7,201 6,477 0 0 20 125 808
Community Trust Bancorp (CTBI) 756 4.0 1% 4,377 3,783 0 0 65 109 434
Triumph Bancorp (TBK) 755 3.8 1% 4,783 4,140 0 0 55 142 546
Bryn Mawr Bank (BMTC) 749 5.8 1% 4,737 4,146 0 0 60 118 686
Univest of Pennsylvania (UVSP) 748 6.9 1% 5,154 4,503 0 0 66 121 834
German American Bancorp (GABC) 744 7.5 1% 3,971 3,471 0 0 54 99 744
National Commerce (NCOM) 740 6.4 1% 4,205 3,508 0 0 45 82 523
Trustco Bank N Y (TRST) 732 1.6 1% 5,228 4,712 0 0 60 108 172
Oritani Financial (ORIT) 731 0% 9.9 1% 4,071 3,541 2 0 52 124 1,227
Horizon Bancorp (HBNC) 729 5.7 1% 5,099 4,472 0 0 54 112 634
Byline Bancorp (BY) 726 5.0 1% 5,391 4,674 0 0 57 128 637
Allegiance Bancshares (ABTX) 712 4.4 1% 4,794 4,090 0 0 49 110 480
CBTX (CBTX) 709 5.2 2% 3,380 2,866 0 0 52 84 442
Banc of California (BANC) 699 0% 2.4 0% 9,360 8,396 4 0 46 234 563
Camden National (CAC) 690 5.4 1% 4,447 3,979 0 0 56 113 614
Live Oak Bancshares (LOB) 676 4.7 1% 4,274 3,755 0 0 32 144 676

Balance Sheet ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Cash123726235217
Accounts Receivable
Inventory
PP&E2831325287
Assets1362172622,7384,205
Accounts Payable
Long-Term Debt
Liabilities1,0020252,3383,508
Stockholders' Equity129217230393689
Income Statement ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue0
Cost of Revenue
Gross Profit
R&D
SG&A
Tax3472013
Net Income612192245
Cash Flow ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating5-1-14658
Cash Investing-3-27-5-268-145
Cash Financing13342624169