Southern California Bancorp (NASDAQ:BCAL - Free Report) - Research analysts at DA Davidson upped their Q1 2024 EPS estimates for Southern California Bancorp in a research note issued to investors on Wednesday, May 1st. DA Davidson analyst G. Tenner now anticipates that the company will post earnings of $0.29 per share for the quarter, up from their prior forecast of $0.28. The consensus estimate for Southern California Bancorp's current full-year earnings is $1.42 per share. DA Davidson also issued estimates for Southern California Bancorp's FY2024 earnings at $1.07 EPS and FY2025 earnings at $1.96 EPS.
Southern California Bancorp (NASDAQ:BCAL - Get Free Report) last issued its quarterly earnings results on Friday, March 15th. The company reported $0.24 earnings per share (EPS) for the quarter. The company had revenue of $22.46 million for the quarter. Southern California Bancorp had a return on equity of 9.35% and a net margin of 20.42%.
Southern California Bancorp Trading Down 0.1 %
NASDAQ:BCAL traded down $0.01 during mid-day trading on Thursday, reaching $13.90. 23,510 shares of the stock were exchanged, compared to its average volume of 34,938. The business has a fifty day moving average price of $14.70 and a 200 day moving average price of $15.29. Southern California Bancorp has a 1-year low of $12.16 and a 1-year high of $18.00. The firm has a market capitalization of $257.57 million and a PE ratio of 10.00.
Hedge Funds Weigh In On Southern California Bancorp
Large investors have recently made changes to their positions in the business. Mesirow Financial Investment Management Inc. acquired a new stake in Southern California Bancorp during the first quarter valued at approximately $159,000. Mendon Capital Advisors Corp acquired a new stake in shares of Southern California Bancorp during the 4th quarter valued at $375,000. Eclectic Associates Inc. ADV bought a new stake in shares of Southern California Bancorp during the 3rd quarter worth $1,015,000. Finally, Hennessy Advisors Inc. acquired a new position in shares of Southern California Bancorp in the 1st quarter worth $1,700,000. Institutional investors own 55.40% of the company's stock.
Southern California Bancorp Company Profile
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Southern California Bancorp operates as the holding company for Bank of Southern California, N.A. that provides various financial products to individuals, professionals, and small-to medium-sized businesses. The company offers checking, personal and business savings, and money market accounts, as well as certificates of deposit.
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