Sunday, September 20, 2020

The 12 Largest San Francisco North Bay Headquartered Companies Total Pretax Earnings Declined Precipitously By 114% in the Second Half of 2020

From a review of Company SEC filings and the Google Finance website, I found 12 Companies headquartered in San Francisco's North Bay with stock market caps of above $100 mil recently.  Of these 12 San Francisco North Bay Companies, 9 or 75% of them had June 2020 second quarter ends and 3 had July 2020 second quarter ends.

The table below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the second and first quarters of both 2020 and 2019 for each of these fine 12 San Francisco North Bay Companies.


US US US US
GAAP GAAP GAAP GAAP
Pretax Pretax Pretax Pretax
Income Income Income Income
(Loss) (Loss) (Loss) (Loss)
Second Second First First
Quarter Quarter Quarter Quarter
San Francisco North Bay Companies 2020 2019 2020 2019
Stock Market Caps Above $100 Mil City HQs mils $ mils $ mils $ mils $
Marin County California Companies
Autodesk  San Rafael           129            67            91              9
WestAmerica Bancorporation  San Rafael             26            26            22            25
BioMarin Pharmaceutical  San Rafael           (42)          (42)          101          (53)
Bank of Marin Bancorp  Novato             10            11            10            10
Ultragenyx Pharmaceutical  Novato             26          (99)        (119)          (97)
Four Corners Property Trust  Mill Valley             19            18            19            18
Redwood Trust  Mill Valley           165            34        (965)            55
RH  Corte-Madera           117            80            (5)            48
Sonoma County California Companies
Luther Burbank  Santa Rosa             13            17            11            17
Keysight Technologies  Santa Rosa           185          199          108          193
Solano County California Companies
First Northern Community Bancorp  Dixon               4              5              4              6
Napa County California Companies
Crimson Wine Group  Napa             (2)            (1)            (2)            (1)
Total all 12 San Francisco North Bay Cos           650          315        (725)          230
… % Change From Prior Year Quarter 106% -416%
Total Pretax Income (Losses)
….. First Half of 2020          (75)
….. First Half of 2019          545
………. % Decline -114%