SAN JOSE, Calif.--(BUSINESS WIRE)--Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, National Association, a full-service professional business bank headquartered in Silicon Valley, announced it will ring The NASDAQ Stock Market Closing Bell today at 4:00 p.m. (Eastern Time).
To commemorate the occasion of Bridge Capital Holdings’ 10th anniversary, Dr. Allan C. Kramer, Chairman of the Board, Daniel P. Meyers, President & Chief Executive Officer, and Thomas A. Sa, Chief Financial Officer and Chief Strategy Officer, will be present at the NASDAQ MarketSite in New York City to officially close the day’s trading.
“We are honored to celebrate the 10th anniversary of Bridge Capital Holdings by ringing the Closing Bell at the NASDAQ,” said Mr. Myers. “Over our ten-year history, we have grown from a small start-up to a leading business bank with more than $1 billion in assets. We are now known throughout Silicon Valley as the professional business bank of choice for small- and middle-market companies, as well as emerging growth companies. We look forward to another ten years of creating value for our customers, our employees, and our shareholders.”
“Nasdaq has been a valuable partner for Bridge Capital Holdings,” said Mr. Sa. “The platform provided through our Nasdaq listing has enabled us to raise the capital we needed to continually grow our franchise and create value for our shareholders.”
Since 2001, Bridge Bank has served small- and middle-market businesses from across many industries, and at all stages – from inception to IPO and beyond – with an emphasis on corporate banking, technology, and emerging technology companies.
“We’ve seen tremendous growth over the past decade,” said Dr. Kramer, a founding member of the bank’s Board of Directors. “We are well capitalized and we have all the elements in place to continue growing our franchise in the future.”
The bank, now over $1 billion in assets, serves a national client base of businesses through two regional banking centers and six business offices located in Silicon Valley and other technology-centric regions of the country, supplemented with the bank’s offerings of state-of-the-art internet based electronic banking and cash management systems. Bridge Bank is a Preferred SBA Lender, a High Plus Delegated Authority Lender for the Export-Import Bank of the United States (EX-IM), and is a certified Bay Area Green Business.
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. For additional information, visit the Bridge Capital Holdings website at www.bridgecapitalholdings.com.
About Bridge Bank, National Association
Bridge Bank, National Association is Silicon Valley's full-service professional business bank. The Bank is dedicated to meeting the financial needs of small, middle market, and emerging technology businesses. Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers. For additional information, visit the Bridge Bank website web at www.bridgebank.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.