Business Bancorp to Host First Annual Conference Call.Business Editors SAN RAFAEL & SAN BERNARDINO, Calif.--(BUSINESS WIRE)--Jan. 17, 2003 Business Bancorp (Nasdaq:BZBC) announced that it will report its 2002 financial results on Wednesday, January 29, 2003, and will host its first annual conference call the following day, Thursday, January 30, 2003, at 9:00 a.m. PST PST Paroxysmal supraventricular tachycardia, see there (12:00 p.m. EST). This call will be hosted by Alan Lane, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Charles Hall, President and COO, and Pat Phelan, CFO See Chief Financial Officer. , who will review year-end 2002 and discuss strategies for 2003. Replay of the call will be available through Friday, February 13, 2003, at 1-303-590-3000, access code 528104#, or on the web at www.businessbank.com. BZBC HIGHLIGHTS -- Unique Strategy: In December 2001, Business Bancorp and MCB Financial merged, joining two California boutique business banks, to serve the San Francisco Bay Area in the north and the Inland Empire in the south. -- Improving Efficiencies: The costs of the merger and the full integration of the merger are complete, establishing a platform for earnings growth. -- Attractive Markets: BZBC operates 15 branches in two of California's largest and fastest growing metropolitan areas. -- Strong Growth Record: Over the past 5 years, BZBC has generated a compounded annual growth rate of 34.7% for revenues and 45.3% for profits. -- Attractive Valuation: At $15.75, BZBC is trading at 12.4 P/E (last 12 months), and 108% of book value. About Business Bancorp Business Bancorp, parent of Business Bank of California The Bank of California was founded in San Francisco, California on July 5, 1864 by William Chapman Ralston. It was the first commercial bank in the Western United States, the second-richest bank in the nation, and considered instrumental in developing the American Old West. , completed a merger of equals with MCB (Memory Control Block) An identifier (16 bytes) that DOS places in front of each block of memory it allocates. Financial, parent of Metro Commerce Bank, in December 2001. The bank now has assets of more than $600 million and operates 15 branches offering retail banking, commercial, construction, and SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government lending. The bank operates in the Southern California cities of Corona, Hemet, Hesperia, Ontario, Phelan, Riverside, Redlands, Upland and San Bernardino, and in the Northern California cities of San Rafael, Petaluma, San Francisco, South San Francisco South San Francisco, city (1990 pop. 54,312), San Mateo co., W Calif.; inc. 1908. South San Francisco has several industrial parks; its manufactures include medical supplies and equipment, foods, paint, paper products, consumer goods, and clothing. , and Hayward. The branches are strongly focused on providing high-quality, personalized services to small businesses, professionals and consumers. For further information on the company, visit our website at www.businessbank.com or e-mail your request to pphelan@businessbank.com or info@businessbank.com. Include your name, phone, facsimile, e-mail and mailing address. |
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