California BanCorp (CALB)
Market Cap | 168.54M |
Revenue (ttm) | 80.61M |
Net Income (ttm) | 24.08M |
Shares Out | 8.38M |
EPS (ttm) | 2.86 |
PE Ratio | 7.03 |
Forward PE | 8.39 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 28,740 |
Open | 20.00 |
Previous Close | 19.83 |
Day's Range | 19.95 - 20.40 |
52-Week Range | 12.78 - 26.17 |
Beta | 1.03 |
Analysts | Strong Buy |
Price Target | 24.00 (+19.4%) |
Earnings Date | Oct 26, 2023 |
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 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 loans; co... [Read more]
Financial Performance
In 2022, CALB's revenue was $74.57 million, an increase of 26.61% compared to the previous year's $58.90 million. Earnings were $21.11 million, an increase of 57.90%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for CALB stock is "Strong Buy." The 12-month stock price forecast is $24.0, which is an increase of 19.40% from the latest price.
News

California BanCorp Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2023
OAKLAND, Calif., July 27, 2023 (GLOBE NEWSWIRE) -- California BanCorp (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, announced today its financial results for the second quarter and ...

California BanCorp Reports Financial Results for the First Quarter Ended March 31, 2023
OAKLAND, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- California BanCorp (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, announced today its financial results for the first quarter ende...

Southern California Bancorp Announces the Filing of Form 10 With the U.S. Securities and Exchange Commission
SAN DIEGO--(BUSINESS WIRE)-- #banksocal--SOUTHERN CALIFORNIA BANCORP ANNOUNCES THE FILING OF FORM 10 WITH THE U.S.

California BanCorp Appoints Theodore A. Wilm to Board of Directors
OAKLAND, Calif., March 21, 2023 (GLOBE NEWSWIRE) -- California BanCorp (the “Company”) (Nasdaq: CALB), the parent company of California Bank of Commerce (the “Bank”), today announced that Theodore A. ...

California BanCorp Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2022
OAKLAND, Calif., Jan. 26, 2023 (GLOBE NEWSWIRE) -- California BanCorp (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, announced today its financial results for the fourth quarter and ...

California Bank of Commerce Creates New Specialty Banking Division
Offering realigns, rebrands and expands existing lines of business with broader and deeper lending capabilities and expertise Offering realigns, rebrands and expands existing lines of business with br...

California BanCorp Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2022
OAKLAND, Calif., Oct. 27, 2022 (GLOBE NEWSWIRE) -- California BanCorp (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, announced today its financial results for the third quarter and n...

California BanCorp Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2022
OAKLAND, Calif., July 28, 2022 (GLOBE NEWSWIRE) -- California BanCorp (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, announced today its financial results for the second quarter and ...

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 h...

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 ende...

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 ...

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 n...

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 p...

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. ...

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 ...

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 ende...

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. Leve...

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 ...

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 specializin...