GSBX Stock Overview

Operates as the holding company for Golden State Bank that provides personal and business banking services in Los Angeles, Orange, Riverside, and San Bernardino counties in California. More details

GSBX fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 50.1% below our estimate of its fair value

Revenue grew by 12.2% over the past year

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap ($56M)

Shareholders have been diluted in the past year

Latest financial reports are more than 6 months old

My Notes

Capture your thoughts, links and company narrative

Golden State Bancorp Competitors

Merchants & Marine Bancorp

OTCPK:MNMB

US$56.1m

Mission Valley Bancorp

OTCPK:MVLY

US$56.9m

OptimumBank Holdings

NYSEAM:OPHC

US$47.7m

Citizens Bancorp of Virginia

OTCPK:CZBT

US$63.3m

Price History & Performance

Summary of share price highs, lows and changes for Golden State Bancorp
Historical stock prices
Current Share Price	US$27.71
52 Week High	US$28.00
52 Week Low	US$20.60
Beta	0.10
1 Month Change	2.64%
3 Month Change	8.67%
1 Year Change	n/a
3 Year Change	63.01%
5 Year Change	84.75%
Change since IPO	-86.14%

Recent updates

Shareholder Returns

	GSBX	US Banks	US Market
7D	6.6%	-1.2%	-2.6%
1Y	n/a	27.6%	23.1%

Return vs Industry: Insufficient data to determine how GSBX performed against the US Banks industry.

Return vs Market: Insufficient data to determine how GSBX performed against the US Market.

Price Volatility

Is GSBX's price volatile compared to industry and market?
GSBX volatility
GSBX Average Weekly Movement	n/a
Banks Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: GSBX's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine GSBX's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2015	n/a	Robert Setrakian	www.goldenstatebancorp.com

Golden State Bancorp operates as the holding company for Golden State Bank that provides personal and business banking services in Los Angeles, Orange, Riverside, and San Bernardino counties in California. The company accepts checking, savings, and money market accounts, as well as certificates of deposit. Its loan products comprise business operating business term, commercial real estate, equipment financing, and construction loans, as well as letters of credit.

Golden State Bancorp Fundamentals Summary

How do Golden State Bancorp's earnings and revenue compare to its market cap?
GSBX fundamental statistics
Market cap	US$55.91m
Earnings (TTM)	US$7.62m
Revenue (TTM)	US$26.00m

7.9x

P/E Ratio

1.0x

P/B Ratio

Is GSBX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GSBX income statement (TTM)
Revenue	US$26.00m
Cost of Revenue	US$0
Gross Profit	US$26.00m
Other Expenses	US$18.38m
Earnings	US$7.62m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	3.49
Gross Margin	100.00%
Net Profit Margin	29.31%
Debt/Equity Ratio	66.3%

How did GSBX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 07:35
End of Day Share Price	2024/12/31 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Golden State Bancorp is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

Golden State Bancorp OTCPK:GSBX Stock Report