Has Bank of Commerce Holdings (BOCH) Outpaced Other Finance Stocks This Year?

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Bank of Commerce Holdings been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

Bank of Commerce Holdings is a member of the Finance sector. This group includes 824 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. BOCH is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for BOCH's full-year earnings has moved 8.13% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, BOCH has moved about 14.78% on a year-to-date basis. Meanwhile, the Finance sector has returned an average of -0.92% on a year-to-date basis. As we can see, Bank of Commerce Holdings is performing better than its sector in the calendar year.

Looking more specifically, BOCH belongs to the Banks - West industry, a group that includes 32 individual stocks and currently sits at #45 in the Zacks Industry Rank. On average, this group has gained an average of 9.85% so far this year, meaning that BOCH is performing better in terms of year-to-date returns.

Investors in the Finance sector will want to keep a close eye on BOCH as it attempts to continue its solid performance.

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