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...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 2007
• Employees: 157
• Stock Exchange: NASDAQ
• Ticker Symbol: CALB

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%.

Analyst 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.

Price Target

$24.0

(19.40% upside)

Analyst Consensus: Strong Buy