Southern California Bancorp (BCAL) Expected to Announce Quarterly Earnings on Monday

Southern California Bancorp (NASDAQ:BCAL - Get Free Report) is expected to post its Q1 2025 quarterly earnings results before the market opens on Monday, May 5th. Analysts expect Southern California Bancorp to post earnings of $0.38 per share and revenue of $44.86 million for the quarter.

Southern California Bancorp (NASDAQ:BCAL - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.52 earnings per share (EPS) for the quarter, beating 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 net margin of 2.94% and a return on equity of 8.97%.

Southern California Bancorp Price Performance

Shares of BCAL stock traded up $0.94 during mid-day trading on Friday, hitting $14.89. 105,370 shares of the stock traded hands, compared to its average volume of 85,532. The stock's fifty day moving average is $14.08 and its two-hundred day moving average is $15.49. Southern California Bancorp has a 52-week low of $11.87 and a 52-week high of $18.49. The stock has a market cap of $482.47 million, a P/E ratio of 78.37 and a beta of 1.19.

Southern California Bancorp announced that its board has authorized a share buyback program on Thursday, May 1st that allows the company to repurchase 1,600,000 shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

Separately, DA Davidson lowered their price target on Southern California Bancorp from $22.00 to $20.00 and set a "buy" rating for the company in a report on Thursday, January 30th.

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.