NASDAQ:CALB California BanCorp (CALB) Stock Price, News & Analysis → READ THIS – If You Missed Out On The AI Boom (From Banyan Hill Publishing) (Ad) Free CALB Stock Alerts $21.53 -0.17 (-0.78%) (As of 05/1/2024 ET) Add Compare Share Share Today's Range$21.36▼$21.9450-Day Range$21.32▼$24.1552-Week Range$12.78▼$27.82Volume9,389 shsAverage Volume24,488 shsMarket Capitalization$181.07 millionP/E Ratio9.08Dividend YieldN/APrice Target$24.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaSustainability Get California BanCorp alerts: Email Address California BanCorp MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside12.6% Upside$24.25 Price TargetShort InterestHealthy1.06% of Float Sold ShortDividend StrengthN/ASustainability-0.45Upright™ Environmental ScoreNews Sentiment0.07Based on 8 Articles This WeekInsider TradingSelling Shares$63,280 Sold Last QuarterProj. Earnings Growth-4.00%From $2.25 to $2.16 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.94 out of 5 starsFinance Sector305th out of 820 stocksState Commercial Banks Industry67th out of 160 stocks 2.5 Analyst's Opinion Consensus RatingCalifornia BanCorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCalifornia BanCorp has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.06% of the float of California BanCorp has been sold short.Short Interest Ratio / Days to CoverCalifornia BanCorp has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in California BanCorp has recently increased by 6.52%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCalifornia BanCorp does not currently pay a dividend.Dividend GrowthCalifornia BanCorp does not have a long track record of dividend growth. Previous Next 3.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCalifornia BanCorp has received a 29.71% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Development loans for corporations", "Cash withdrawal services", "Installment loans for corporations", "Wire transfer services", and "Mortgage loans for corporations" products. See details.Environmental SustainabilityThe Environmental Impact score for California BanCorp is -0.45. Previous Next 2.3 News and Social Media Coverage News SentimentCalifornia BanCorp has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for California BanCorp this week, compared to 1 article on an average week.MarketBeat Follows2 people have added California BanCorp to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, California BanCorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $63,280.00 in company stock.Percentage Held by Insiders10.75% of the stock of California BanCorp is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions59.52% of the stock of California BanCorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for California BanCorp are expected to decrease by -4.00% in the coming year, from $2.25 to $2.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of California BanCorp is 9.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.30.Price to Earnings Ratio vs. SectorThe P/E ratio of California BanCorp is 9.08, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.30.Price to Book Value per Share RatioCalifornia BanCorp has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingREAD THIS – If You Missed Out On The AI BoomAdam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”Click on Adam's shiny forehead for more details. About California BanCorp Stock (NASDAQ:CALB)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. In addition, it provides foreign exchange, treasury and cash management, and online and mobile banking services. California BanCorp was founded in 2007 and is headquartered in Oakland, California.Read More CALB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CALB Stock News HeadlinesMay 1, 2024 | finance.yahoo.comCalifornia Bancorp (CALB) Q1 Earnings: Misses Analyst Projections Amid Merger ExpensesApril 29, 2024 | markets.businessinsider.comSOUTHERN CALIFORNIA BANCORP REPORTS NET INCOME OF $4.9 MILLION FOR THE FIRST QUARTER OF 2024May 1, 2024 | Banyan Hill Publishing (Ad)READ THIS – If You Missed Out On The AI BoomAdam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”April 29, 2024 | globenewswire.comCalifornia BanCorp Reports Financial Results for the First Quarter Ended March 31, 2024April 29, 2024 | americanbankingnews.comCNB Financial (NASDAQ:CCNE) & California BanCorp (NASDAQ:CALB) Head-To-Head ContrastApril 9, 2024 | uk.style.yahoo.comWinter Storms Are Driving California's Unprecedented Snowpack RecoveryApril 8, 2024 | finance.yahoo.comCalifornia BanCorp (NASDAQ:CALB) shareholders have earned a 8.9% CAGR over the last three yearsMarch 7, 2024 | msn.comEmbattled New York Community Bancorp announces $1B cash infusionMay 1, 2024 | Banyan Hill Publishing (Ad)READ THIS – If You Missed Out On The AI BoomAdam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”February 24, 2024 | msn.comCalifornia BanCorp (CALB) Price Target Increased by 5.11% to 31.45February 10, 2024 | businesswire.comCALIFORNIA BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of California BanCorp - CALBFebruary 1, 2024 | uk.finance.yahoo.comCalifornia Bancorp (CALB) Reports Modest Annual Income Growth Amid Economic ChallengesJanuary 31, 2024 | stockhouse.comShareholder Alert: Ademi LLP investigates whether California BanCorp has obtained a Fair Price in its transaction with Southern California BancorpJanuary 31, 2024 | msn.comCalifornia BanCorp Shares Q4 and Annual FinancialsJanuary 30, 2024 | msn.comCalifornia BanCorp GAAP EPS of $0.63 beats by $0.02, revenue of $19.9M beats by $0.07MJanuary 30, 2024 | marketwatch.comCalifornia BanCorp Shares Hit 52-Week High on Southern California Bancorp UnionJanuary 30, 2024 | benzinga.comFinancials Company Southern Calif Bancorp Announces Merger With California BancorpJanuary 30, 2024 | tmcnet.comBCAL Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Southern California Bancorp Is Fair to ShareholdersJanuary 30, 2024 | benzinga.comCalifornia Bancorp Stock (NASDAQ:CALB), Guidance and ForecastJanuary 30, 2024 | tmcnet.comCALB Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of California BanCorp Is Fair to ShareholdersJanuary 30, 2024 | markets.businessinsider.comSouthern California Bancorp To Combine With California BanCorp In An All-stock MergerJanuary 30, 2024 | msn.comSouthern California Bancorp and California BanCorp announce mergerJanuary 30, 2024 | finance.yahoo.comCalifornia BanCorp Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2023January 9, 2024 | markets.businessinsider.comRiver Valley Community Bancorp Announces Director RetirementJanuary 3, 2024 | usatoday.comBest cheap car insurance in California (CA) January 2024December 12, 2023 | usatoday.comSouthern California man filmed himself fatally shooting homeless person, prosecutors sayDecember 4, 2023 | msn.comBanc of California (BANC) Closes Buyout of PacWest BancorpSee More Headlines Receive CALB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for California BanCorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/30/2024Today5/01/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryN/A Current SymbolNASDAQ:CALB CUSIPN/A CIK1752036 Webwww.californiabankofcommerce.com Phone(510) 457-3737FaxN/AEmployees169Year FoundedN/APrice Target and Rating Average Stock Price Target$24.25 High Stock Price Target$25.00 Low Stock Price Target$23.50 Potential Upside/Downside+11.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.37 Trailing P/E Ratio9.21 Forward P/E Ratio9.70 P/E GrowthN/ANet Income$21.63 million Net Margins17.16% Pretax Margin26.84% Return on Equity11.05% Return on Assets1.06% Debt Debt-to-Equity Ratio0.66 Current Ratio1.09 Quick Ratio1.09 Sales & Book Value Annual Sales$114.08 million Price / Sales1.61 Cash Flow$2.66 per share Price / Cash Flow8.21 Book Value$23.40 per share Price / Book0.93Miscellaneous Outstanding Shares8,410,000Free Float7,509,000Market Cap$183.51 million OptionableNot Optionable Beta0.92 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Steven E. Shelton (Age 63)CEO & Director Comp: $849.42kMr. Thomas A. Sa CPA (Age 62)President, CFO & COO Comp: $638.78kMr. John LehmanSenior Vice President of Operations & ComplianceMr. John E. Lindstedt (Age 89)Senior Executive Vice President Comp: $262.58kMs. Amy C. EflandSenior VP, Relationship Manager & Sales Manager of CBC Business Credit - South BayMr. Lawrence F. LaCroixExecutive VP & Manager of Sponsor FinanceMs. Marina KremerSenior Vice President of Sponsor Finance Lending DivisionMs. Tommiette Rey IIAssistant VP & Corporate SecretaryMr. Franklin E. HaggasVP & Relationship ManagerMr. James ChristiansenExecutive Vice President of CBC Business Credit DivisionMore ExecutivesKey CompetitorsBankwell Financial GroupNASDAQ:BWFGFirst Financial NorthwestNASDAQ:FFNWChoiceOne Financial ServicesNASDAQ:COFSCitizens Financial ServicesNASDAQ:CZFSColony BankcorpNASDAQ:CBANView All CompetitorsInsiders & InstitutionsWasatch Advisors LPSold 539 shares on 4/18/2024Ownership: 3.741%Mendon Capital Advisors CorpBought 23,528 shares on 2/23/2024Ownership: 0.280%Wasatch Advisors LPBought 7,192 shares on 2/14/2024Ownership: 3.754%Banc Funds Co. LLCSold 32,595 shares on 2/13/2024Ownership: 6.870%Bedell Frazier Investment Counselling LLCBought 8,715 shares on 2/13/2024Ownership: 0.104%View All Insider TransactionsView All Institutional Transactions CALB Stock Analysis - Frequently Asked Questions Should I buy or sell California BanCorp stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for California BanCorp in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CALB shares. View CALB analyst ratings or view top-rated stocks. What is California BanCorp's stock price target for 2024? 3 Wall Street analysts have issued 12 month target prices for California BanCorp's stock. Their CALB share price targets range from $23.50 to $25.00. On average, they anticipate the company's share price to reach $24.25 in the next year. This suggests a possible upside of 12.6% from the stock's current price. View analysts price targets for CALB or view top-rated stocks among Wall Street analysts. How have CALB shares performed in 2024? California BanCorp's stock was trading at $24.76 at the start of the year. Since then, CALB stock has decreased by 13.0% and is now trading at $21.53. View the best growth stocks for 2024 here. Are investors shorting California BanCorp? California BanCorp saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 80,000 shares, an increase of 6.5% from the March 31st total of 75,100 shares. Based on an average daily trading volume, of 26,900 shares, the days-to-cover ratio is presently 3.0 days. Approximately 1.1% of the company's shares are sold short. View California BanCorp's Short Interest. When is California BanCorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our CALB earnings forecast. How were California BanCorp's earnings last quarter? California BanCorp (NASDAQ:CALB) issued its earnings results on Tuesday, January, 30th. The company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.02. The firm had revenue of $29.74 million for the quarter, compared to analysts' expectations of $20.10 million. California BanCorp had a trailing twelve-month return on equity of 11.05% and a net margin of 17.16%. Who are California BanCorp's major shareholders? California BanCorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (3.74%). Insiders that own company stock include Scott Alexander Myers and Wayne S Doiguchi. View institutional ownership trends. How do I buy shares of California BanCorp? Shares of CALB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CALB) was last updated on 5/1/2024 by MarketBeat.com Staff From Our Partners😱 This phenomenon is smashing regular market gainsMillPubDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsPOTUS in ‘25 Not Biden/Trump, ButThe Freeport SocietyForget Nvidia. This is the future of AIPorter & CompanyBiden out June 13; Kamala won’t replace him?Paradigm PressForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill Publishing4 coins to be the “Next Bitcoin”True Market InsidersThe A.I. story nobody is telling you (Read ASAP)TradeSmith Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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