Endeavour Capital Advisors Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), Endeavour Capital Advisors Inc. reported 35 stock positions worth $359.4 million. Its top holding was California Bancorp (BCAL) at 9.2% of the portfolio, followed by Southern First Bancshares (SFST, 8.4%) and QCR (QCRH, 7.6%). Compared with Q3 2025, it opened 2 new positions, sold out of 2, added to 10 and reduced 16. The biggest buy was a new position in National Bank Hold Class A (NBHC) and the biggest sale California Bancorp (BCAL, shares −22%).

Most Recent 13F
Q2 2026
Location
GREENWICH, CT
CIK
0001218749
Portfolio Value
$359.4M (Q4 2025)
SEC Filing
0002060757-26-000002 ↗ filed Feb 9, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $289.3M Q1 2024 Q2 2024: $287.4M Q2 2024 Q3 2024: $318.6M Q3 2024 Q4 2024: $314.1M Q4 2024 Q1 2025: $269.4M Q1 2025 Q2 2025: $290.6M Q2 2025 Q3 2025: $330.6M Q3 2025 Q4 2025: $359.4M $359.4M Q4 2025 Q1 2026: $441.0M Q1 2026 Q2 2026: $487.3M Q2 2026

Holdings 35 stocks · $359.4M

BCAL California Bancorp 9.17% 1,765,077 $33.0M Reduce -22.0%
SFST Southern First Bancshares 8.40% 586,014 $30.2M No change
QCRH QCR Holdings Inc. 7.61% 328,497 $27.4M Add +23.3%
USCB Uscb Financial Holdings Inc. 5.42% 1,057,369 $19.5M Reduce -15.2%
CCB Coastal Financial Corp. 5.16% 161,924 $18.6M Reduce -5.5%
AVBH Avidbank Holdings Inc. 5.16% 697,886 $18.5M No change
FVCB Fvcbankcorp Inc. 5.05% 1,303,854 $18.1M Reduce -3.2%
VLY Valley National Bancorp 4.21% 1,296,618 $15.1M Reduce -12.1%
OCFC Oceanfirst Financial Corp. 4.00% 799,997 $14.4M Reduce -10.8%
ONB Old National Bancorp 3.67% 591,920 $13.2M Add +35.5%
FIGR Figure Technology Solut Class A 3.67% 322,851 $13.2M Add +9.6%
CIVB Civista Bancshares Inc. 3.39% 548,213 $12.2M No change
ALRS Alerus Financial Corp. 3.24% 516,532 $11.6M Add +0.5%
VABK Virginia National Bankshares 2.90% 261,523 $10.4M Add +0.3%
OBK Origin Bancorp Inc. 2.89% 276,308 $10.4M Add +44.3%
EFSC Enterprise Financial Service 2.78% 185,240 $10.0M Add +109.8%
BANC Banc of California Inc. 2.49% 463,243 $8.9M Reduce -28.4%
FMBH First Mid Bancshares Inc. 2.26% 208,719 $8.1M Add +10.9%
UVSP Univest Financial Corp. 2.25% 246,703 $8.1M Reduce -4.0%
COSO Coastal South Bancshares Inc. 2.18% 336,840 $7.8M Reduce -0.0%
BHRB Burke & Herbert Financial SE 2.17% 125,323 $7.8M Add +22.0%
EBC Eastern Bankshares Inc. 1.94% 377,776 $7.0M Reduce -9.4%
NBHC National Bank Hold Class A 1.85% 175,198 $6.7M New
MVBF MVB Financial Corp. 1.35% 188,019 $4.9M No change
BY Byline Bancorp Inc. 1.26% 155,140 $4.5M Reduce -1.1%
CBC Central Bancompany 1.12% 166,437 $4.0M New
FNWD Finward Bancorp 0.97% 99,543 $3.5M No change
CNOB Connectone Bancorp Inc. 0.94% 128,972 $3.4M Add +79.0%
NBTB N B T Bancorp Inc. 0.84% 72,671 $3.0M Reduce -0.1%
CBNA Chain Bridge Bancorp Inc. Class A 0.76% 79,266 $2.7M Reduce -30.7%
FLG Flagstar Bank NA 0.28% 80,531 $1.0M No change
CBFV CB Financial Services Inc. filed as CB FINL SVCS INC 0.26% 26,846 $936K Reduce -48.2%
NFBK Northfield Bancorp Inc. 0.13% 41,940 $479K No change
EWBC East West Bancorp Inc. 0.13% 4,029 $453K Reduce -76.2%
HBAN Huntington Bancshares Inc. 0.10% 19,853 $344K Reduce -55.3%

Portfolio Sells Q3 2025 → Q4 2025

BCAL California Bancorp Reduce -22.0% 9.17% −2.25
USCB Uscb Financial Holdings Inc. Reduce -15.2% 5.42% −1.16
OCFC Oceanfirst Financial Corp. Reduce -10.8% 4.00% −0.77
BANC Banc of California Inc. Reduce -28.4% 2.49% −0.75
VLY Valley National Bancorp Reduce -12.1% 4.21% −0.51
FSBC Five Star Bancorp Sold out 0.00% −0.46
CCB Coastal Financial Corp. Reduce -5.5% 5.16% −0.45
EWBC East West Bancorp Inc. Reduce -76.2% 0.13% −0.42
CBNA Chain Bridge Bancorp Inc. Class A Reduce -30.7% 0.76% −0.37
EBC Eastern Bankshares Inc. Reduce -9.4% 1.94% −0.35
CBFV CB Financial Services Inc. Reduce -48.2% 0.26% −0.26
FVCB Fvcbankcorp Inc. Reduce -3.2% 5.05% −0.24
HBAN Huntington Bancshares Inc. Reduce -55.3% 0.10% −0.14
SBCF Seacoast Banking Corp. Sold out 0.00% −0.11
UVSP Univest Financial Corp. Reduce -4.0% 2.25% −0.09
NBTB N B T Bancorp Inc. Reduce -0.1% 0.84% −0.08
BY Byline Bancorp Inc. Reduce -1.1% 1.26% −0.06
COSO Coastal South Bancshares Inc. Reduce -0.0% 2.18% −0.04

Portfolio Buys Q3 2025 → Q4 2025

NBHC National Bank Hold Class A New 1.85% +1.85
QCRH QCR Holdings Inc. Add +23.3% 7.61% +1.52
EFSC Enterprise Financial Service Add +109.8% 2.78% +1.23
CBC Central Bancompany New 1.12% +1.12
OBK Origin Bancorp Inc. Add +44.3% 2.89% +0.89
ONB Old National Bancorp Add +35.5% 3.67% +0.77
FIGR Figure Technology Solut Class A Add +9.6% 3.67% +0.43
CNOB Connectone Bancorp Inc. Add +79.0% 0.94% +0.40
BHRB Burke & Herbert Financial SE Add +22.0% 2.17% +0.26
FMBH First Mid Bancshares Inc. Add +10.9% 2.26% +0.11
VABK Virginia National Bankshares Add +0.3% 2.90% −0.16
ALRS Alerus Financial Corp. Add +0.5% 3.24% −0.21

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 35$487.3MSFST, QCRH, BCAL, CCB, BHRB
Q1 2026 37$441.0MQCRH, SFST, BCAL, NBHC, ONB
Q4 2025 35$359.4MBCAL, SFST, QCRH, USCB, CCB
Q3 2025 35$330.6MBCAL, SFST, USCB, QCRH, CCB
Q2 2025 34$290.6MBCAL, CCB, SFST, USCB, FVCB
Q1 2025 34$269.4MBCAL, CCB, USCB, SFST, QCRH
Q4 2024 32$314.1MBCAL, CCB, USCB, SFST, FVCB
Q3 2024 29$318.6MCCB, BCAL, USCB, SFST, QCRH
Q2 2024 34$287.4MCCB, QCRH, USCB, CALB, SFST
Q1 2024 35$289.3MCCB, QCRH, CALB, BANC, BCAL