What is DA Davidson's Estimate for BCAL Q2 Earnings?

Southern California Bancorp (NASDAQ:BCAL - Free Report) - Investment analysts at DA Davidson issued their Q2 2025 earnings per share estimates for Southern California Bancorp in a research report issued to clients and investors on Monday, April 28th. DA Davidson analyst G. Tenner forecasts that the company will post earnings per share of $0.42 for the quarter. DA Davidson has a "Buy" rating and a $20.00 price objective on the stock. The consensus estimate for Southern California Bancorp's current full-year earnings is $1.81 per share. DA Davidson also issued estimates for Southern California Bancorp's FY2025 earnings at $1.75 EPS and FY2026 earnings at $1.77 EPS.

Southern California Bancorp (NASDAQ:BCAL - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.38 by $0.14. The company had revenue of $44.82 million for the quarter, compared to analyst estimates of $44.86 million. Southern California Bancorp had a return on equity of 8.97% and a net margin of 2.94%.

Southern California Bancorp Stock Up 6.7 %

BCAL stock traded up $0.94 on Tuesday, reaching $14.89. 105,370 shares of the company's stock were exchanged, compared to its average volume of 85,532. The stock has a fifty day moving average of $14.08 and a 200-day moving average of $15.50. Southern California Bancorp has a twelve month low of $11.87 and a twelve month high of $18.49. The firm has a market cap of $482.47 million, a PE ratio of 78.37 and a beta of 1.19.

Southern California Bancorp announced that its Board of Directors has initiated a stock buyback plan on Thursday, May 1st that permits the company to buyback 1,600,000 outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

Hedge Funds Weigh In On Southern California Bancorp

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Fourthstone LLC grew its stake in Southern California Bancorp by 11.6% during the 4th quarter. Fourthstone LLC now owns 3,010,135 shares of the company's stock valued at $49,788,000 after purchasing an additional 313,612 shares in the last quarter. Endeavour Capital Advisors Inc. increased its stake in shares of Southern California Bancorp by 0.5% in the fourth quarter. Endeavour Capital Advisors Inc. now owns 2,454,490 shares of the company's stock worth $40,597,000 after buying an additional 13,003 shares during the last quarter. Vanguard Group Inc. raised its holdings in Southern California Bancorp by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 1,288,260 shares of the company's stock valued at $21,308,000 after acquiring an additional 3,897 shares in the last quarter. Geode Capital Management LLC raised its holdings in Southern California Bancorp by 105.9% in the third quarter. Geode Capital Management LLC now owns 542,147 shares of the company's stock valued at $8,020,000 after acquiring an additional 278,874 shares in the last quarter. Finally, Mendon Capital Advisors Corp boosted its stake in Southern California Bancorp by 6.9% during the 4th quarter. Mendon Capital Advisors Corp now owns 443,695 shares of the company's stock valued at $7,339,000 after acquiring an additional 28,458 shares during the last quarter. Institutional investors and hedge funds own 55.40% of the company's stock.

Southern California Bancorp Company Profile

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.