Return to Index

Bridge Capital Holdings Named to Russell Index
BBNK Added as Growth Stock

San Jose, CA – July 13, 2006 – Bridge Capital Holdings (NASDAQ: BBNK), whose sole subsidiary is Bridge Bank, National Association, one of the fastest-growing full-service business banks in California and the Nation, today announced that its stock was recently added to the Russell Microcap^TM Index by the Russell Investment Group, a global leader in multi-manager investment services. 

Bridge Capital Holdings has been included as a growth stock in the Russell Microcap^TM Index.

The Russell Investment Group publishes a family of U.S. equity indices.  These indices are designed to be a comprehensive representation of the investable U.S. equity market.  The indices are value-weighted and include only common stocks belonging to corporations incorporated in the United States and its territories.  The Russell Microcap^TM Index measures performance of the microcap segment, which includes the smallest 1,000 securities in the small-cap Russell 2000® Index plus the next 1,000 securities. 

At present, the average market capitalization of a Russell Microcap^TM Index company is $255 million.  Bridge Capital Holdings current market capitalization is approximately $125 million.

“Russell is noted for their discipline and objectivity in building indices used by professional money managers,” said Thomas A. Sa, Executive Vice President and Chief Financial Officer of Bridge Capital Holdings and Bridge Bank.  “We are excited that they have determined that our performance and prospects merit addition to the Microcap^TM Growth Index.”

Bridge Bank has a presence in ten business markets throughout California and the Central Region of the U.S.  The Bank operates two full service commercial banking offices in San Jose and Palo Alto, a commercial loan production office in the East Bay, a construction loan production office in Redwood City, a technology loan production office in Dallas, Texas, two Small Business Administration loan production offices located in Sacramento and Fresno, and three SBA sales representatives in the Bakersfield, Orange County, and San Diego business communities.

Bridge Capital Holdings reported total assets at March 31, 2006 of $567 million and earnings of $1.9 million, or $0.29 per fully diluted share.  Bridge Capital Holdings stock is listed on The NASDAQ Stock Market under the trading symbol BBNK.

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 is listed on The NASDAQ Stock Market under the trading symbol BBNK.  Visit Bridge Capital Holdings on the web at www.bridgecapitalholdings.com.

About Bridge Bank, N.A.

Bridge Bank, N.A. is Silicon Valley’s full-service professional business bank. The bank is dedicated to meeting the financial needs of small and middle market, and emerging technology businesses in the Silicon Valley, Palo Alto, Redwood City, Sacramento, San Ramon-Pleasanton, San Diego, Bakersfield, Fresno, Orange County, and Dallas, TX business communities.  Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers.  Visit Bridge Bank on the web at www.bridgebank.com.

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 describe future plans, strategies, and expectations, and are based on currently available information, expectations, assumptions, projections, and management's judgment about the Bank, the banking industry and general economic conditions. These forward looking statements are subject to certain risks and uncertainties that could cause the actual results, performance or achievements to differ materially from those expressed, suggested or implied by the forward looking statements.

These risks and uncertainties include, but are not limited to: (1) competitive pressures in the banking industry; (2) changes in interest rate environment; (3) general economic conditions, nationally, regionally, and in operating markets; (4) changes in the regulatory environment; (5) changes in business conditions and inflation; (6) changes in securities markets; (7) future credit loss experience; (8) the ability to satisfy requirements related to the Sarbanes-Oxley Act and other regulation on internal control; (9) civil disturbances or terrorist threats or acts, or apprehension about the possible future occurrences of acts of this type; and (10) the involvement of the United States in war or other hostilities.

The reader should refer to the more complete discussion of such risks in Bridge Capital Holding's annual reports on Forms 10-K and quarterly reports on Forms 10-Q on file with the SEC.

To print or save a pdf version of this press release please click here to download

You need Acrobat Reader to view these pdf files. Download a free version Here.

To save a .pdf file for off-line viewing, please right click on a link, and choose:

'Save Link As' in Netscape
'Save Target As' in Internet Explorer


Top of page