Mr. Conniff noted, “The Santa Clara County economy remains one of the strongest in the country. It is also one of the most competitive banking markets with national, regional and community banks abundantly represented. Focus Business Bank competes by being tightly focused on closely-held local businesses seeking a long term banking relationship tailored to their specific needs. We continue to add to our business banking team and are well positioned to support the needs of our clients.”
Book Value $9.43
Market Value $9.33
https://www.focusbusinessbank.com/press.asp
*Another Silicon Valley bank selling at book value.