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California BanCorp NasdaqGS:CALB Stock Report

Last Price

US$21.46

Market Cap

US$180.5m

7D

-0.5%

1Y

24.8%

Updated

24 Apr, 2024

Data

Company Financials +

California BanCorp

NasdaqGS:CALB Stock Report

Market Cap: US$180.5m

CALB Stock Overview

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

CALB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

California BanCorp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for California BanCorp
Historical stock prices
Current Share PriceUS$21.46
52 Week HighUS$27.82
52 Week LowUS$12.78
Beta0.93
1 Month Change-3.59%
3 Month Change-10.47%
1 Year Change24.84%
3 Year Change19.29%
5 Year Change11.54%
Change since IPO125.33%

Recent News & Updates

Recent updates

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

Jul 28

Should Shareholders Reconsider California BanCorp's (NASDAQ:CALB) CEO Compensation Package?

May 14
Should Shareholders Reconsider California BanCorp's (NASDAQ:CALB) CEO Compensation Package?

California BanCorp EPS beats by $0.07, beats on revenue

Apr 30

Update: California BanCorp (NASDAQ:CALB) Stock Gained 42% In The Last Five Years

Mar 10
Update: California BanCorp (NASDAQ:CALB) Stock Gained 42% In The Last Five Years

Have Insiders Been Buying California BanCorp (NASDAQ:CALB) Shares?

Feb 03
Have Insiders Been Buying California BanCorp (NASDAQ:CALB) Shares?

California BanCorp EPS beats by $0.13, beats on revenue

Jan 29

What You Need To Know About California BanCorp's (NASDAQ:CALB) Investor Composition

Dec 30
What You Need To Know About California BanCorp's (NASDAQ:CALB) Investor Composition

California BanCorp EPS misses by $0.03, beats on revenue

Oct 29

Shareholder Returns

CALBUS BanksUS Market
7D-0.5%6.5%1.2%
1Y24.8%34.0%24.7%

Return vs Industry: CALB matched the US Banks industry which returned 25.1% over the past year.

Return vs Market: CALB exceeded the US Market which returned 19.3% over the past year.

Price Volatility

Is CALB's price volatile compared to industry and market?
CALB volatility
CALB Average Weekly Movement3.5%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: CALB has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
2007169Steve Sheltonwww.californiabankofcommerce.com

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, 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$180.55m
Earnings (TTM)US$21.63m
Revenue (TTM)US$78.13m

8.3x

P/E Ratio

0.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CALB income statement (TTM)
RevenueUS$78.13m
Cost of RevenueUS$0
Gross ProfitUS$78.13m
Other ExpensesUS$56.50m
EarningsUS$21.63m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.57
Gross Margin100.00%
Net Profit Margin27.69%
Debt/Equity Ratio65.8%

How did CALB perform over the long term?

See historical performance and comparison
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