California BanCorp (CALB)

Market Cap	180.55M
Revenue (ttm)	78.13M
Net Income (ttm)	21.63M
Shares Out	8.41M
EPS (ttm)	2.56
PE Ratio	8.31
Forward PE	9.41
Dividend	n/a
Ex-Dividend Date	n/a

Volume	24,138
Open	21.58
Previous Close	21.32
Day's Range	21.27 - 21.68
52-Week Range	12.78 - 27.82
Beta	0.93
Analysts	Strong Buy
Price Target	24.50 (+14.17%)
Earnings Date	May 7, 2024

About CALB

California BanCorp operates as the bank holding company for California Bank of Commerce that provides commercial banking services to businesses and professionals 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; commercial letters of credit; construction and development loans; real estate loans, such as commercial real estate loans and other loans; small business administration (SBA) loans, ...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 2007
• Employees: 169
• Stock Exchange: NASDAQ
• Ticker Symbol: CALB

Financial Performance

In 2023, CALB's revenue was $78.13 million, an increase of 4.78% compared to the previous year's $74.57 million. Earnings were $21.63 million, an increase of 2.49%.

Analyst Forecast

According to 3 analysts, the average rating for CALB stock is "Strong Buy." The 12-month stock price forecast is $24.5, which is an increase of 14.17% from the latest price.

Price Target

$24.5

(14.17% upside)

Analyst Consensus: Strong Buy