California BanCorp Past Earnings Performance
Past criteria checks 3/6
California BanCorp has been growing earnings at an average annual rate of 30.4%, while the Banks industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 17.1% per year. California BanCorp's return on equity is 11%, and it has net margins of 27.7%.
Key information
30.4%
Earnings growth rate
28.4%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 17.1% |
| Return on equity | 11.0% |
| Net Margin | 27.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
California BanCorp GAAP EPS of $0.51, revenue of $5.6M
Jul 28Should Shareholders Reconsider California BanCorp's (NASDAQ:CALB) CEO Compensation Package?
May 14
California BanCorp EPS beats by $0.07, beats on revenue
Apr 30Update: California BanCorp (NASDAQ:CALB) Stock Gained 42% In The Last Five Years
Mar 10Have Insiders Been Buying California BanCorp (NASDAQ:CALB) Shares?
Feb 03
California BanCorp EPS beats by $0.13, beats on revenue
Jan 29What You Need To Know About California BanCorp's (NASDAQ:CALB) Investor Composition
Dec 30California BanCorp EPS misses by $0.03, beats on revenue
Oct 29Revenue & Expenses BreakdownBeta
How California BanCorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 78 | 22 | 41 | 0 |
| 30 Sep 23 | 81 | 24 | 41 | 0 |
| 30 Jun 23 | 81 | 24 | 40 | 0 |
| 31 Mar 23 | 78 | 23 | 40 | 0 |
| 31 Dec 22 | 75 | 21 | 39 | 0 |
| 30 Sep 22 | 66 | 17 | 38 | 0 |
| 30 Jun 22 | 62 | 14 | 37 | 0 |
| 31 Mar 22 | 61 | 14 | 36 | 0 |
| 31 Dec 21 | 59 | 13 | 35 | 0 |
| 30 Sep 21 | 57 | 12 | 36 | 0 |
| 30 Jun 21 | 54 | 9 | 36 | 0 |
| 31 Mar 21 | 47 | 7 | 32 | 0 |
| 31 Dec 20 | 44 | 4 | 33 | 0 |
| 30 Sep 20 | 42 | 3 | 32 | 0 |
| 30 Jun 20 | 42 | 5 | 32 | 0 |
| 31 Mar 20 | 44 | 6 | 32 | 0 |
| 31 Dec 19 | 43 | 7 | 29 | 0 |
| 30 Sep 19 | 42 | 9 | 26 | 0 |
| 30 Jun 19 | 41 | 9 | 21 | 0 |
| 31 Mar 19 | 39 | 9 | 26 | 0 |
| 31 Dec 18 | 38 | 9 | 20 | 0 |
| 30 Sep 18 | 37 | 7 | 30 | 0 |
| 30 Jun 18 | 36 | 6 | 18 | 0 |
| 31 Mar 18 | 34 | 6 | 16 | 0 |
| 31 Dec 17 | 32 | 6 | 16 | 0 |
| 30 Sep 17 | 31 | 7 | 16 | 0 |
| 30 Jun 17 | 30 | 7 | 16 | 0 |
| 31 Mar 17 | 29 | 6 | 0 | 0 |
| 31 Dec 16 | 29 | 5 | 16 | 0 |
| 30 Sep 16 | 26 | 3 | 12 | 0 |
| 30 Jun 16 | 24 | 3 | 12 | 0 |
| 31 Mar 16 | 22 | 3 | 0 | 0 |
| 31 Dec 15 | 19 | 2 | 12 | 0 |
| 30 Sep 15 | 18 | 3 | 9 | 0 |
| 30 Jun 15 | 18 | 3 | 9 | 0 |
| 31 Mar 15 | 17 | 3 | 9 | 0 |
| 31 Dec 14 | 17 | 3 | 9 | 0 |
| 30 Sep 14 | 17 | 3 | 8 | 0 |
| 30 Jun 14 | 16 | 3 | 8 | 0 |
| 31 Mar 14 | 15 | 3 | 0 | 0 |
| 31 Dec 13 | 14 | 2 | 8 | 0 |
| 30 Sep 13 | 13 | 3 | 0 | 0 |
| 30 Jun 13 | 13 | 2 | 0 | 0 |
Quality Earnings: CALB has high quality earnings.
Growing Profit Margin: CALB's current net profit margins (27.7%) are lower than last year (28.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CALB's earnings have grown significantly by 30.4% per year over the past 5 years.
Accelerating Growth: CALB's earnings growth over the past year (2.5%) is below its 5-year average (30.4% per year).
Earnings vs Industry: CALB earnings growth over the past year (2.5%) exceeded the Banks industry -9.7%.
Return on Equity
High ROE: CALB's Return on Equity (11%) is considered low.