1. United States of America Stocks

  2. •

    Financial Services

  3. •

    Banks - Regional
Washington Business Bank

Washington Business Bank

WBZB
Washington Business BankUS flagOther OTC
36.00
USD
- -
- -
25.95MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
4.84
5.25
5.61
6.03
6.21
6.2
6.82
6.9
Basic EPS, GAAP
0.66
1.15
1.59
2.02
2.05
1.66
2.19
2.19
Free Cash Flow per Basic Share
0.91
1.42
1.81
2.07
2.48
1.89
2.26
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.01
3.15
4.75
6.79
8.67
10.19
12.23
13.02
Tangible Book Value per Share
12.94
13.97
15.35
17.04
18.6
20.13
21.86
22.9
Basic Weighted Avg Shares
1
1
1
1
1
1
1
1
Sales/Revenue/Turnover
3
4
4
4
4
4
5
5
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
1
1
1
1
1
2
2
Effective Tax Rate (%)
36.42
20.96
21.03
20.98
21.01
20.99
21.01
21.03
Profit Margin (%)
13.72
21.97
28.28
33.47
33.06
26.79
32.17
31.77
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
5
5
5
13
5
3
9
7
Total Equity
9
9
10
11
13
14
16
17
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
44.67
40.2
34.91
26.91
17.79
19.73
18.3

Capital Structure

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1
1
- -
Market Capitalization
20
22
22

Working Capital

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
9
9
8
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10.72%
10.44%
Free Cash Flow
- -
12.86%
21.84%
Net Income, GAAP
- -
17.15%
34.24%
Sales/Revenue/Turnover
- -
6.73%
11.81%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
1
1
1
1
4
2023
1
1
1
1
5
2024
1
1
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.37
- -
0.4
- -
1.66
2023
0.54
0.53
0.51
- -
2.19
2024
0.61
0.47
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Jon M. Jones
Sector
Financial Services
Industry
Banks - Regional
Address
223 5th Avenue SE Olympia WA United States of America 98501
IPO Date
Apr 16, 2019
Website
wabizbank.com
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Business
Washington Business Bank (WBZB), a state-chartered community bank founded in 2002 and headquartered in Olympia, Washington, provides commercial and personal banking products and services primarily to small and midsized businesses and middle-income individuals in western Washington. The bank offers deposit products including checking and savings accounts, certificates of deposit, and safe deposit boxes; lending solutions such as lines of credit, customized term loans, seasonal loans, commercial real estate loans, and construction loans; and treasury services encompassing ATM/debit cards, online banking, merchant services, internet bill pay, cash and coin ordering, drive-thru banking, and cash management solutions. It operates from its primary location at 223 5th Avenue SE in Olympia and targets business clients with expertise in cash management alongside personal deposit services. In late 2024, Sound Credit Union, headquartered in Tacoma, Washington, completed the acquisition of Washington Business Bank, assuming all assets and substantially all liabilities to expand its branch network to 26 full-service locations serving personal and business customers statewide. Sound finalized the system conversion of Washington Business Bank in June 2025, integrating its operations and increasing total assets to over $3 billion, including more than $2.5 billion in deposits and $2.3 billion in loans, while maintaining the Olympia branch under Sound's branding.

Company News

APIChat

  • businesswire.com

    Sound Credit Union Completes Conversion of Washington Business Bank