California BanCorp (CALB)

NASDAQ: CALB · IEX Real-Time Price · USD
19.10
+0.03 (0.16%)
Jun 29, 2022 11:06 AM EDT - Market open
0.16%
Market Cap 158.37M
Revenue (ttm) 61.05M
Net Income (ttm) 14.23M
Shares Out 8.29M
EPS (ttm) 1.71
PE Ratio 11.17
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,432
Open 19.13
Previous Close 19.07
Day's Range 19.10 - 19.13
52-Week Range 16.98 - 24.00
Beta 1.13
Analysts Buy
Price Target 28.05 (+46.9%)
Earnings Date Aug 4, 2022

About CALB

California BanCorp operates as the bank holding company for California Bank of Commerce that provides commercial banking services in California. It accepts various deposit products, including commercial checking, savings, and money market accounts, as well as certificates of deposit. The company also offers asset-based lending loans; standby letters of credit; construction and development loans; real estate loans, such as commercial real estate loans and other loans; small business administration (SBA) loans, including SBA 7(a) and SBA 504 loan... [Read more...]

Industry Banks
Founded 2007
Employees 150
Stock Exchange NASDAQ
Ticker Symbol CALB
Full Company Profile

Financial Performance

In 2021, CALB's revenue was $58.90 million, an increase of 33.71% compared to the previous year's $44.05 million. Earnings were $13.37 million, an increase of 210.67%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for CALB stock is "Buy." The 12-month stock price forecast is 28.05, which is an increase of 46.86% from the latest price.

Price Target
$28.05
(46.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Thomas A. Sa Appointed President of California BanCorp and California Bank of Commerce

OAKLAND, Calif., May 02, 2022 (GLOBE NEWSWIRE) -- California BanCorp (the “Company”) (Nasdaq: CALB), the parent company of California Bank of Commerce (the “Bank”), today announced that Thomas A. Sa has...

California BanCorp Reports Financial Results for the First Quarter Ended March 31, 2022

OAKLAND, Calif., April 28, 2022 (GLOBE NEWSWIRE) -- California BanCorp (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, announced today its financial results for the first quarter ended ...

California BanCorp Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2021

OAKLAND, Calif., Jan. 27, 2022 (GLOBE NEWSWIRE) -- California BanCorp (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, announced today its financial results for the fourth quarter and tw...

California BanCorp Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2021

OAKLAND, Calif., Oct. 28, 2021 (GLOBE NEWSWIRE) -- California BanCorp (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, announced today its financial results for the third quarter and nin...

California BanCorp Announces Completion of $35 Million Subordinated Debt Offering

OAKLAND, Calif., Aug. 17, 2021 (GLOBE NEWSWIRE) -- California BanCorp (the “Company”) (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, today announced that it has completed a private pla...

California BanCorp Appoints Millicent Tracey to Board of Directors

OAKLAND, Calif., July 30, 2021 (GLOBE NEWSWIRE) -- California BanCorp (the “Company”) (Nasdaq: CALB), the parent company of California Bank of Commerce (the “Bank”), today announced that Millicent C. Tr...

California BanCorp Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2021

OAKLAND, Calif., July 29, 2021 (GLOBE NEWSWIRE) -- California BanCorp (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, announced today its financial results for the second quarter and si...

California BanCorp Reports Financial Results for the First Quarter Ended March 31, 2021

OAKLAND, Calif., April 30, 2021 (GLOBE NEWSWIRE) -- California BanCorp (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, announced today its financial results for the first quarter ended ...

California BanCorp Appoints Julie Levenson to Board of Directors

OAKLAND, Calif., Feb. 08, 2021 (GLOBE NEWSWIRE) -- California BanCorp (the “Company”) (Nasdaq: CALB), the parent company of California Bank of Commerce (the “Bank”), today announced that Julie J. Levens...

Southern California Bancorp Reports Financial Results for the Fourth Quarter and Full Year 2020

SAN DIEGO--(BUSINESS WIRE)-- #banksocal--Southern California Bancorp Reports Financial Results for the Fourth Quarter and Full Year 2020

California BanCorp Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2020

OAKLAND, Calif., Jan. 28, 2021 (GLOBE NEWSWIRE) -- California BanCorp (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, announced today its financial results for the fourth quarter and tw...

Lindsey Fudge Joins California Bank of Commerce as Senior Relationship Manager

SACRAMENTO, Calif., Jan. 11, 2021 (GLOBE NEWSWIRE) -- California Bank of Commerce (CBC) is expanding its Sacramento team with the addition of Lindsey Fudge as a Senior Relationship Manager specializing ...