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CALB

California BanCorp NasdaqGS:CALB Stock Report

Last Price

US$20.85

Market Cap

US$173.5m

7D

0.1%

1Y

16.7%

Updated

16 Aug, 2022

Data

Company Financials +
CALB fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance5/6
Financial Health6/6
Dividends0/6

CALB Stock Overview

California BanCorp operates as the bank holding company for California Bank of Commerce that provides commercial banking services in California.

California BanCorp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for California BanCorp
Historical stock prices
Current Share PriceUS$20.85
52 Week HighUS$24.00
52 Week LowUS$16.98
Beta1.11
1 Month Change9.10%
3 Month Change3.68%
1 Year Change16.68%
3 Year Change9.05%
5 Year Change14.12%
Change since IPO118.93%

Recent News & Updates

Jul 28

California BanCorp GAAP EPS of $0.51, revenue of $5.6M

California BanCorp press release (NASDAQ:CALB): Q2 GAAP EPS of $0.51. Revenue of $5.6M.

Shareholder Returns

CALBUS BanksUS Market
7D0.1%6.7%4.5%
1Y16.7%-8.3%-8.9%

Return vs Industry: CALB exceeded the US Banks industry which returned -10.2% over the past year.

Return vs Market: CALB exceeded the US Market which returned -9.6% over the past year.

Price Volatility

Is CALB's price volatile compared to industry and market?
CALB volatility
CALB Average Weekly Movement3.7%
Banks Industry Average Movement3.7%
Market Average Movement7.6%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: CALB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CALB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007150Steve Sheltonhttps://www.californiabankofcommerce.com

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 loans; consumer loans, such as secured and unsecured installment loans, and revolving lines of credit; and commercial and industrial loans, including term loans, working capital, accounts receivable and inventory financing, and other business loans to the dental and veterinary industries, contractors, and emerging companies.

California BanCorp Fundamentals Summary

How do California BanCorp's earnings and revenue compare to its market cap?
CALB fundamental statistics
Market CapUS$173.50m
Earnings (TTM)US$14.31m
Revenue (TTM)US$62.10m

12.1x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CALB income statement (TTM)
RevenueUS$62.10m
Cost of RevenueUS$0
Gross ProfitUS$62.10m
Other ExpensesUS$47.79m
EarningsUS$14.31m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.72
Gross Margin100.00%
Net Profit Margin23.05%
Debt/Equity Ratio97.1%

How did CALB perform over the long term?

See historical performance and comparison