California BanCorp Future Growth

Future criteria checks 0/6

California BanCorp's earnings are forecast to decline at 7.9% per annum while its annual revenue is expected to grow at 3.3% per year. EPS is expected to decline by 9% per annum. Return on equity is forecast to be 8.3% in 3 years.

Key information

-7.9%

Earnings growth rate

-9.0%

EPS growth rate

Banks earnings growth	7.9%
Revenue growth rate	3.3%
Future return on equity	8.3%
Analyst coverage	Low
Last updated	04 Apr 2024

Recent future growth 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

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

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

Feb 03

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

California BanCorp EPS misses by $0.03, beats on revenue

Oct 29

Earnings and Revenue Growth Forecasts

NasdaqGS:CALB - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	83	19	N/A	N/A	3
12/31/2024	80	19	N/A	N/A	3
12/31/2023	78	22	28	28	N/A
9/30/2023	81	24	39	40	N/A
6/30/2023	81	24	36	36	N/A
3/31/2023	78	23	32	32	N/A
12/31/2022	75	21	29	29	N/A
9/30/2022	66	17	20	21	N/A
6/30/2022	62	14	18	18	N/A
3/31/2022	61	14	12	12	N/A
12/31/2021	59	13	16	16	N/A
9/30/2021	57	12	12	13	N/A
6/30/2021	54	9	12	15	N/A
3/31/2021	47	7	15	18	N/A
12/31/2020	44	4	11	15	N/A
9/30/2020	42	3	13	18	N/A
6/30/2020	42	5	13	17	N/A
3/31/2020	44	6	8	11	N/A
12/31/2019	43	7	10	12	N/A
9/30/2019	42	9	9	9	N/A
6/30/2019	41	9	N/A	N/A	N/A
3/31/2019	39	9	N/A	N/A	N/A
12/31/2018	38	9	10	10	N/A
9/30/2018	37	7	N/A	N/A	N/A
6/30/2018	36	6	N/A	N/A	N/A
3/31/2018	34	6	N/A	N/A	N/A
12/31/2017	32	6	8	9	N/A
9/30/2017	31	7	N/A	N/A	N/A
6/30/2017	30	7	N/A	N/A	N/A
3/31/2017	29	6	N/A	N/A	N/A
12/31/2016	29	5	N/A	7	N/A
9/30/2016	26	3	N/A	N/A	N/A
6/30/2016	24	3	N/A	N/A	N/A
3/31/2016	22	3	N/A	N/A	N/A
12/31/2015	19	2	N/A	3	N/A
9/30/2015	18	3	N/A	N/A	N/A
6/30/2015	18	3	N/A	N/A	N/A
3/31/2015	17	3	N/A	N/A	N/A
12/31/2014	17	3	N/A	2	N/A
9/30/2014	17	3	N/A	N/A	N/A
6/30/2014	16	3	N/A	N/A	N/A
3/31/2014	15	3	N/A	N/A	N/A
12/31/2013	14	2	N/A	4	N/A
9/30/2013	13	3	N/A	N/A	N/A
6/30/2013	13	2	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CALB's earnings are forecast to decline over the next 3 years (-7.9% per year).

Earnings vs Market: CALB's earnings are forecast to decline over the next 3 years (-7.9% per year).

High Growth Earnings: CALB's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CALB's revenue (3.3% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: CALB's revenue (3.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CALB's Return on Equity is forecast to be low in 3 years time (8.3%).

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California BanCorp Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target increased by 10% to US$30.83

Price target increased by 9.7% to US$26.33

Price target increased by 7.9% to US$24.00

Price target decreased by 11% to US$23.00

Price target decreased by 11% to US$25.75

Price target increased to US$27.83

Recent updates

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Insider recently sold US$63k worth of stock

Price target increased by 10% to US$30.83

Southern California Bancorp (NasdaqCM:BCAL) entered into an agreement to acquire California BanCorp (NasdaqGS:CALB) for $230 million.

Price target increased by 9.7% to US$26.33

California BanCorp Announces Resignation of Wayne Doiguchi as Board of Directors, Effective as of December 31, 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations

Price target increased by 7.9% to US$24.00

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Senior EVP recently bought US$72k worth of stock

California Bancorp Elects Stephen R. Dathe as Director

Price target decreased by 11% to US$23.00

Investor sentiment deteriorates as stock falls 17%

Now 24% undervalued after recent price drop

Price target decreased by 11% to US$25.75

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorates as stock falls 16%

Full year 2022 earnings: EPS and revenues exceed analyst expectations

California BanCorp Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2022

Price target increased to US$27.83

Price target increased to US$27.25

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Insider recently sold US$173k worth of stock

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 22%

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

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

Price target increased to US$27.50

California BanCorp Announces Executive Changes

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

California BanCorp, Annual General Meeting, May 19, 2022

Price target increased to US$26.00

Consensus EPS estimates fall by 12%

Price target increased to US$25.50

Full year 2021 earnings: EPS and revenues miss analyst expectations

Third quarter 2021 earnings released: EPS US$0.39 (vs US$0.061 in 3Q 2020)

California BanCorp announced that it has received $35 million in funding

Price target increased to US$23.00

Second quarter 2021 earnings released: EPS US$0.51 (vs US$0.19 in 2Q 2020)

California BanCorp(NasdaqGS:CALB) dropped from Russell 3000E Value Index

First quarter 2021 earnings released: EPS US$0.34 (vs US$0.058 in 1Q 2020)

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

Consensus EPS estimates increase to US$1.21

First quarter 2021 earnings released: EPS US$0.34 (vs US$0.058 in 1Q 2020)

California BanCorp EPS beats by $0.07, beats on revenue

Full year 2020 earnings released: EPS US$0.53 (vs US$0.87 in FY 2019)

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

New 90-day high: US$18.10

Investor sentiment improved over the past week

California BanCorp and California Bank Of Commerce Appoint Julie Levenson to Board of Directors

Investor sentiment improved over the past week

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

Full year 2020 earnings released: EPS US$0.53 (vs US$0.87 in FY 2019)

Revenue and earnings beat expectations

California BanCorp EPS beats by $0.13, beats on revenue

New 90-day low: US$13.27

Lindsey Fudge Joins California Bank of Commerce as Senior Relationship Manager

New 90-day high: US$17.71

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

New 90-day high: US$17.00

Revenue beats expectations, earnings disappoint

Market bids up stock over the past week

New 90-day high: US$15.21

Analysts lower EPS estimates to US$0.40

Third-quarter earnings released: Revenue beats expectations, earnings disappoint

Third quarter earnings released

California BanCorp EPS misses by $0.03, beats on revenue

New 90-day low: US$11.68

New 90-day low - US$12.41