Bank of San Francisco (BSFO)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Bank of San Francisco (BSFO) trades at $43.50 with AI Score 52/100 (Grade B). Bank of San Francisco is a regional bank established in 2005, providing comprehensive banking products and services to diverse clients in the greater San Francisco Bay Area. Market cap: $95.09M, Sector: Financial services.
Price live · AI analysis from Jun 15, 2026Analyst Coverage for BSFO: BSFO does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BSFO against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
BSFO: 4/6 perspectives are bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Bank of San Francisco (BSFO) Financial Services Profile
Bank of San Francisco operates as a regional financial institution, serving businesses, nonprofits, entrepreneurs, and individuals across the San Francisco Bay Area since 2005. The bank offers a diverse portfolio of personal and commercial banking products, including specialized real estate and business loans, maintaining a focused local presence within a competitive financial services landscape.
What Is the Investment Thesis for BSFO?
Bank of San Francisco presents a focused regional banking operation with a market capitalization of $95.09M and a P/E ratio of 11.83, indicating a valuation within the banking sector. The company demonstrates operational efficiency with a profit margin of 19.7% and a gross margin of 77.3%, suggesting effective cost management relative to its revenue generation. Its low Beta of 0.05 indicates minimal volatility compared to the broader market, which may appeal to investors seeking stability. Key value drivers include its specialized loan portfolio catering to the unique San Francisco Bay Area real estate market, such as tenancy in common and condo conversion loans, alongside robust business lending for professional services and commercial real estate. Growth catalysts are anticipated from continued economic activity in its affluent service area, driving demand for both personal and business credit, and the potential for increased adoption of its digital banking services. However, as an OTC-traded entity with no dividend, liquidity and access to detailed financial disclosures are considerations for investors.
Based on FMP financials and quantitative analysis
BSFO Key Highlights
- Market capitalization stands at $0.09 billion, reflecting its scale as a regional financial institution.
- The company maintains a P/E ratio of 11.83, providing a valuation metric within the banking industry.
- Achieved a profit margin of 19.7%, indicating its profitability relative to revenue.
- Reported a gross margin of 77.3%, demonstrating strong efficiency in its core banking operations.
- Exhibits a low Beta of 0.05, suggesting minimal historical price volatility compared to the overall market.
Who Are BSFO's Competitors?
BSFO is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MCHB Mechanics Bank | $16.24 | +0.50% | $3.58B | 71 |
| STLE Steele Bancorp Inc. | $43.05 | -0.67% | $80.01M | 69 |
| NASB NASB Financial, Inc. | $40.30 | +0.00% | $289.22M | 68 |
| CIBEY Commercial International Bank (Egypt) S.A.E | $2.63 | +3.54% | $8.68B | 67 |
| BUSE First Busey Corporation | $29.58 | -0.25% | $2.50B | 63 |
| CVLY Codorus Valley Bancorp, Inc. | $24.04 | +4.98% | $232.28M | 63 |
| FBVI FCN Banc Corp. | $35.87 | +0.17% | $61.78M | 63 |
| LLDTF Lloyds Banking Group plc | $1.45 | +0.00% | $84.34B | 63 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BSFO's Key Strengths?
- Strong local market focus in the affluent San Francisco Bay Area.
- Diverse loan portfolio, including specialized real estate and business financing.
- Demonstrated profitability with a 19.7% profit margin and 77.3% gross margin.
- Low Beta of 0.05 suggests relative stability in market performance.
What Are BSFO's Weaknesses?
- Small scale with a $95.09M market cap and 38 employees, limiting resource allocation for technology and marketing.
- Operates on the OTC market, which can imply lower liquidity and less stringent disclosure requirements.
- No dividend yield, potentially limiting appeal to income-focused investors.
- Concentrated geographic risk within a single metropolitan area.
What Could Drive BSFO Stock Higher?
- **Ongoing**: Continued economic expansion and robust real estate market activity in the San Francisco Bay Area, driving demand for the bank's specialized loan products and services.
- **Ongoing**: Successful execution of strategies to deepen relationships with local businesses and professional service firms, leading to increased loan origination and deposit growth.
- **Upcoming**: Potential for enhancements in digital banking platforms, attracting a broader base of tech-savvy customers and improving operational efficiency.
- **Ongoing**: Sustained demand for Small Business Administration (SBA) loans within the Bay Area, supporting small business growth and contributing to the bank's lending portfolio.
What Are the Key Risks for BSFO?
- Financial-distress signal — its Altman Z-Score of -0.58 sits in the distress zone (elevated bankruptcy risk).
- **Ongoing**: Exposure to interest rate fluctuations, which can impact the bank's net interest margin and overall profitability if not effectively managed.
- **Ongoing**: Intense competition from larger national and regional banks operating in the San Francisco Bay Area, potentially limiting market share growth and pricing power.
- **Potential**: Adverse changes in the regulatory environment for regional banks, leading to increased compliance costs or restrictions on banking activities.
- **Potential**: A significant economic downturn or a correction in the real estate market within the San Francisco Bay Area, which could lead to higher loan defaults and impaired asset quality.
- **Ongoing**: Risks associated with operating on the OTC market, including lower liquidity, limited financial disclosure, and potential for greater price volatility.
What Are the Growth Opportunities for BSFO?
- **Expansion of Specialized Real Estate Lending**: The San Francisco Bay Area's unique housing market, characterized by high property values and diverse ownership structures, presents a continuous opportunity for Bank of San Francisco. By further developing and marketing its specialized loan products, such as tenancy in common, co-op, and condo conversion loans, the bank can capture a larger share of this niche market. These specific offerings cater to a clientele often underserved by larger, more generalized lenders. The market size for real estate transactions in the Bay Area remains substantial, with ongoing demand for tailored financing solutions, providing a sustained growth timeline over the next 3-5 years as property ownership structures evolve.
- **Deepening Business and Professional Services Relationships**: The Bay Area is a hub for entrepreneurs, medical and dental practices, and various professional service firms. Bank of San Francisco's existing suite of business acquisition loans, revolving lines of credit, and specialized financing for professional practices positions it well to deepen relationships within these segments. By offering bespoke financial solutions and personalized service, the bank can attract new business clients and expand its lending portfolio. This strategy leverages the bank's local presence and understanding of the regional business ecosystem, with growth potential over the medium term (2-4 years) as local businesses continue to form and expand.
- **Leveraging Digital Banking Enhancements**: In an increasingly digital world, enhancing online and mobile banking platforms is crucial for attracting and retaining clients, particularly in a tech-savvy region like the Bay Area. Investing in user-friendly digital tools, secure transaction capabilities, and mobile-first features can improve customer experience and operational efficiency. This allows the bank to serve a broader demographic, including younger professionals and tech-oriented businesses, without necessarily expanding its physical footprint. The timeline for impact is ongoing, with continuous improvements driving customer acquisition and retention over the next 1-3 years.
- **Targeting Non-Profit Organizations**: The San Francisco Bay Area hosts a significant number of non-profit organizations, many of which require specialized banking services, including treasury management, endowment management, and specific lending products. Bank of San Francisco's stated focus on nonprofits represents an opportunity to cultivate a dedicated client base by understanding their unique financial needs and regulatory environments. Developing tailored service packages and engaging with local non-profit communities can establish the bank as a preferred financial partner. This niche market offers stable growth potential over the next 3-5 years, as non-profits often seek long-term banking relationships.
- **Strategic Expansion of SBA Loan Programs**: Small Business Administration (SBA) loans are critical for supporting the growth of small businesses, a vital component of the Bay Area economy. By actively promoting and streamlining its SBA loan application and approval processes, Bank of San Francisco can become a more prominent lender in this segment. This not only provides a reliable revenue stream through interest income but also strengthens community ties and can lead to cross-selling opportunities for other banking products. The demand for SBA loans is consistently high, offering a sustained growth opportunity over the next 2-5 years, particularly as economic conditions encourage small business formation and expansion.
What Opportunities Does BSFO Have?
- Continued economic growth and high property values in the San Francisco Bay Area.
- Expansion of specialized lending products to capture more niche market segments.
- Enhancement of digital banking services to attract a broader, tech-savvy customer base.
- Potential for increased market share by deepening relationships with local businesses and non-profits.
What Threats Does BSFO Face?
- Intense competition from larger national and regional banks with greater resources.
- Fluctuations in interest rates impacting net interest margin and loan demand.
- Regulatory changes and increased compliance costs for financial institutions.
- Economic downturns or real estate market corrections in the San Francisco Bay Area.
What Are BSFO's Competitive Advantages?
- **Local Market Expertise**: Deep understanding of the unique economic and real estate dynamics of the San Francisco Bay Area, enabling tailored product offerings.
- **Specialized Loan Products**: Offers niche real estate loans (e.g., tenancy in common, co-op, condo conversion) that cater to specific market needs often overlooked by larger banks.
- **Personalized Service Model**: As a regional bank with 38 employees, it can provide more individualized attention and relationship-based banking compared to national competitors.
- **Community Integration**: Strong ties to the local business and non-profit communities within its exclusive service area.
What Does BSFO Do?
Bank of San Francisco, founded in 2005 and headquartered in San Francisco, California, operates as a dedicated regional financial institution serving the diverse needs of the greater San Francisco Bay Area. The bank's evolution since its inception has been centered on providing tailored banking products and services to a broad client base, encompassing businesses, nonprofits, entrepreneurs, professionals, individuals, and families. Its comprehensive offerings are segmented into personal and business banking solutions. For personal clients, the bank provides essential services such as checking, interest checking, savings, and money market accounts, alongside certificates of deposit and individual retirement accounts. A significant component of its personal banking portfolio includes various loan products, specifically catering to the nuanced real estate market of the Bay Area with options like tenancy in common and co-op loans, single-family home and condo loans, condo conversion financing, multi-unit property loans, and financing for vacation and investment properties. Beyond traditional accounts and loans, personal banking clients also benefit from modern conveniences such as bill pay, online and mobile banking, debit and credit cards, wire transfers, foreign drafts, public notary services, and direct deposit. On the business banking front, Bank of San Francisco extends its expertise to support the growth and operational needs of local enterprises. Its commercial loan offerings are robust, featuring revolving lines of credit to manage working capital, business acquisition loans, and specialized financing for medical, dental practice, and other professional service firms. The bank also plays a crucial role in local development through its commercial real estate loans and construction loans. Furthermore, it supports small and medium-sized businesses through Small Business Administration (SBA) loans, facilitating access to capital for growth and job creation. With a team of 38 employees, Bank of San Francisco maintains a localized approach, aiming to foster strong client relationships and provide personalized service within its specific geographic market. This focused strategy allows it to compete by understanding the unique economic dynamics and community needs of the San Francisco Bay Area.
What Products and Services Does BSFO Offer?
- Offers personal checking, savings, money market accounts, certificates of deposit, and individual retirement accounts.
- Provides a range of personal loans including tenancy in common, co-op, single-family home, condo, condo conversion, multi-unit property, vacation home, and investment property loans.
- Delivers digital banking services such as online and mobile banking, bill pay, debit and credit cards, and wire transfers.
- Extends commercial lending options including revolving lines of credit, business acquisition loans, and financing for medical/dental practices.
- Specializes in commercial real estate loans, construction loans, and Small Business Administration (SBA) loans for businesses.
- Serves a diverse client base including businesses, nonprofits, entrepreneurs, professionals, individuals, and families.
- Operates exclusively within the greater San Francisco Bay Area.
How Does BSFO Make Money?
- Generates net interest income primarily from its loan portfolio, including real estate, commercial, and personal loans.
- Earns non-interest income through various banking services such as account fees, wire transfer fees, and debit/credit card interchange fees.
- Attracts deposits from individuals, businesses, and nonprofits, which are then used to fund its lending activities.
- Manages a diversified portfolio of assets and liabilities to optimize profitability while managing risk.
What Industry Does BSFO Operate In?
Bank of San Francisco operates within the highly competitive Banks - Regional industry, a segment of the broader Financial Services sector. The company's positioning is rooted in its exclusive focus on the San Francisco Bay Area, a market characterized by high real estate values, a dynamic business environment, and a concentration of affluent individuals and innovative enterprises. Regional banks typically differentiate themselves through local market expertise, personalized customer service, and a deep understanding of community-specific economic trends, which allows them to compete against larger national institutions. Current market trends in the regional banking space include ongoing digital transformation, evolving regulatory landscapes, and fluctuating interest rate environments that directly impact net interest margins. Bank of San Francisco, with its specialized loan products like tenancy in common and condo conversion loans, carves out a niche within this competitive landscape, leveraging its local knowledge to serve specific segments of the Bay Area's real estate and business communities.
Who Are BSFO's Key Customers?
- Businesses of various sizes, including small and medium-sized enterprises.
- Nonprofit organizations requiring specialized financial services.
- Entrepreneurs and professionals, including medical and dental practices.
- Individuals and families residing in the San Francisco Bay Area.
- Real estate investors and property owners seeking specialized financing solutions.
F-Score 4/9Financial Health
Bank of San Francisco's Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -0.58 places it in the distress zone, a signal of elevated financial risk.
ROE 9%Key Financial Metrics
Return on equity for Bank of San Francisco stands at 9.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.0%, showing how much profit it generates from its asset base. BSFO trades at a trailing price-to-earnings ratio of 11.85, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.18 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 8.4%, the inverse of the P/E and a quick read on earnings relative to price.
Bank of San Francisco (BSFO) Valuation Context
Valued at $95.09M, BSFO is classified as a micro-cap stock. Relative to its peer group, BSFO's quantitative score of 52/100 is below the peer average of 68/100.
BSFO Revenue & Earnings Trend
In Q1 2026, BSFO generated $10.2M in top-line revenue, marking a sequential decrease of 2.0%. The company recorded net income of $2.0M, with diluted EPS of $0.94. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Financial Services. Across the four most recent quarters, BSFO averaged $0.90 in diluted EPS.
Company Profile
Bank of San Francisco operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in San Francisco, US. The company is led by CEO William S. Keller. BSFO has traded publicly since 2018.
BSFO Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Bank of San Francisco seems to be quietly building something. Insiders have been buying shares lately, which suggests they believe the stock is undervalued and has growth potential.
- The overall community sentiment is leaning positive. There's a growing belief that BSFO is well-positioned to benefit from the current economic climate, especially with rising interest rates.
- BSFO is perceived as a stable, traditional bank. In a market filled with uncertainty, this stability is attracting investors seeking safer havens. Think of it like investors flocking to gold during times of crisis.
- There's a sense that BSFO is ripe for a potential acquisition. The bank's solid fundamentals and regional presence make it an attractive target for larger institutions looking to expand.
Bear Case
- Despite insider buying, some worry about the long-term impact of rising interest rates on BSFO's loan portfolio. There's a concern that defaults could increase, impacting profitability.
- While overall sentiment is positive, some community members are voicing concerns about the bank's slow adoption of new technologies. They fear BSFO might be falling behind competitors in the digital banking space.
- The market perception of regional banks, in general, is currently negative. Concerns about regulatory changes and increased competition are weighing on valuations. It's a bit like the oil industry facing pressure from renewable energy.
- Some traders believe BSFO's recent positive performance is just a temporary bounce. They argue that the bank's fundamentals don't justify the current valuation and that a correction is inevitable.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $10M | $2M | $0.94 |
| Q4 2025 | $10M | $2M | $1.03 |
| Q3 2025 | $9M | $2M | $0.86 |
| Q2 2025 | $9M | $2M | $0.77 |
Based on FMP financials and quantitative analysis
BSFO Latest News
No recent news available for BSFO.
BSFO Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BSFO.
Price Targets
Wall Street price target analysis for BSFO.
BSFO MoonshotScore
What does this score mean?
The MoonshotScore rates BSFO's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: William S. Keller
Chief Executive Officer
William S. Keller serves as the Chief Executive Officer of Bank of San Francisco, overseeing the bank's operations and strategic direction. In this role, he is responsible for managing the bank's 38 employees, guiding its efforts to provide banking products and services to businesses, nonprofits, entrepreneurs, professionals, individuals, and families in the greater San Francisco Bay Area. Specific details regarding his prior career history, educational background, or previous executive roles were not provided in the source data. His leadership is central to the bank's localized approach and its focus on community banking within a competitive financial landscape.
Track Record: Under William S. Keller's leadership, Bank of San Francisco has continued to operate as a regional financial institution since its founding in 2005. While specific achievements or strategic decisions were not detailed in the provided information, his tenure has involved managing the bank's team of 38 employees and overseeing the delivery of its diverse portfolio of personal and business banking solutions. His role encompasses guiding the bank's operational stability and its commitment to serving its defined market.
BSFO OTC Market Information
Bank of San Francisco trades on the OTC market under the "OTC Other" tier. This designation typically applies to companies that do not meet the disclosure or financial standards of higher OTC tiers like OTCQX or OTCQB, nor the listing requirements of major exchanges such as the NYSE or NASDAQ. Companies in the "OTC Other" tier are generally not required to report to the SEC, meaning their financial disclosures can be less frequent, less comprehensive, or entirely voluntary, which can lead to limited transparency for investors. This contrasts sharply with NYSE or NASDAQ-listed companies, which must adhere to stringent reporting, corporate governance, and minimum financial standards.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited public disclosure and transparency due to "Unknown" disclosure status, making fundamental analysis difficult.
- Lower liquidity and wider bid-ask spreads, potentially leading to higher transaction costs and difficulty in exiting positions.
- Increased price volatility due to smaller trading volumes and less institutional oversight.
- Reduced regulatory oversight compared to exchange-listed securities, offering fewer investor protections.
- Potential for difficulty in obtaining reliable, up-to-date information for investment decisions.
- Verify any available financial statements and annual reports directly from the company or OTC Markets Group.
- Assess the historical trading volume and bid-ask spread to understand liquidity.
- Research any news or press releases issued by the company to gauge recent developments.
- Investigate the company's management team and their track record, if information is available.
- Understand the specific risks associated with investing in the "OTC Other" tier.
- Evaluate the company's business model and competitive position within its local market.
- Consider the potential impact of limited transparency on long-term investment viability.
- Established founding year of 2005, indicating a sustained operational history.
- Clear and detailed business description outlining specific banking products and services.
- Named CEO, William S. Keller, providing identifiable leadership.
- Headquartered in San Francisco, California, suggesting a physical presence and local operational base.
- Focus on a defined geographic market (San Francisco Bay Area) with specific customer segments.
BSFO Financial Services Stock FAQ
What specific banking products and services does Bank of San Francisco offer to its clients?
Bank of San Francisco provides a comprehensive array of banking products and services tailored for diverse clients in the greater San Francisco Bay Area. For personal banking, offerings include various checking, savings, and money market accounts, certificates of deposit, and individual retirement accounts. The bank specializes in a range of real estate loans, such as tenancy in common, co-op, single-family home, condo, condo conversion, multi-unit property, vacation home, and investment property loans. Additionally, it offers modern conveniences like online and mobile banking, bill pay, debit and credit cards, wire transfers, and direct deposit. For businesses, the bank provides revolving lines of credit, business acquisition loans, specialized financing for medical and dental practices, commercial real estate loans, construction loans, and Small Business Administration (SBA) loans.
What regulatory challenges does Bank of San Francisco face as a regional bank?
As a regional bank operating in the financial services sector, Bank of San Francisco navigates a complex regulatory environment. It is subject to oversight from various federal and state agencies, which impose requirements related to capital adequacy, lending practices, consumer protection, anti-money laundering (AML), and data privacy. Compliance with these regulations necessitates significant operational resources and can incur substantial costs. Changes in interest rate policies by central banks, new legislative mandates, or evolving supervisory expectations can directly impact the bank's operations, profitability, and strategic planning. Furthermore, the "Unknown" disclosure status on the OTC market suggests that while it may not face the same SEC reporting stringency as exchange-listed banks, it still operates within a regulated framework that demands adherence to banking laws and ethical practices.
What is Bank of San Francisco's credit quality and risk management approach given its loan portfolio?
Bank of San Francisco's credit quality and risk management approach are critical given its diverse loan portfolio, which includes specialized real estate loans and commercial financing. While specific metrics on loan portfolio quality, such as non-performing assets or provision levels, were not provided, the bank's focus on the San Francisco Bay Area implies exposure to the regional economic and real estate cycles. Its risk management framework would typically involve rigorous underwriting standards for all loan types, including thorough credit assessments of borrowers and collateral valuations, particularly for its unique real estate offerings like tenancy in common and condo conversion loans. The bank would also employ strategies to manage interest rate risk, liquidity risk, and operational risk, aiming to maintain asset quality and ensure capital adequacy. The success of its risk management is crucial for sustaining its reported profit margin of 19.7%.
What are the key factors to evaluate for BSFO?
Bank of San Francisco (BSFO) holds an AI score of 52/100 (moderate). Not financial advice.
How frequently does BSFO data refresh on this page?
BSFO prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven BSFO's recent stock price performance?
Bank of San Francisco (BSFO) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong local market focus in the affluent San Francisco Bay Area. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider BSFO overvalued or undervalued right now?
Valuing Bank of San Francisco (BSFO) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying BSFO?
Before investing in Bank of San Francisco (BSFO), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- All information is derived solely from the provided source data. No external research or speculative content has been included. Specific details regarding CEO background, track record, and certain financial metrics beyond those explicitly stated (e.g., detailed loan portfolio quality, specific analyst ratings) were not available in the source material and are therefore marked as 'Unknown' or elaborated upon based on the general context provided.