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California BanCorp (CALB)

NASDAQ: CALB · Delayed Price · USD
17.26 -0.03 (-0.17%)
Sep 23, 2021 4:00 PM EDT - Market closed
Market Cap144.59M
Revenue (ttm)53.94M
Net Income (ttm)9.25M
Shares Out8.21M
EPS (ttm)1.12
PE Ratio15.37
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume2,929
Open17.26
Previous Close17.29
Day's Range17.20 - 17.57
52-Week Range10.51 - 19.88
Beta1.31
AnalystsStrong Buy
Price Target23.00 (+33.3%)
Est. Earnings Daten/a

About CALB

California BanCorp operates as the bank holding company for California Bank of Commerce that provides commercial banking services to small to middle-market businesses, professionals, and not-for-profit organizations 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...

IndustryBanks
Founded2007
Employees148
Stock ExchangeNASDAQ
Ticker SymbolCALB
Full Company Profile

Financial Performance

In 2020, CALB's revenue was $44.05 million, an increase of 2.77% compared to the previous year's $42.86 million. Earnings were $4.30 million, a decrease of -38.54%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for CALB stock is "Strong Buy" and the 12-month stock price forecast is 23.00.

Price Target
$23.00
(33.26% upside)
Analyst Consensus: Strong Buy

News

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...

1 month ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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 ...

4 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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

7 months ago - Business Wire

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...

7 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire