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California BanCorp (CALB) Stock Price, News & Analysis

-0.19 (-0.85%)
(As of 05/29/2024 ET)
Today's Range
50-Day Range
52-Week Range
20,892 shs
Average Volume
22,756 shs
Market Capitalization
$186.27 million
P/E Ratio
Dividend Yield
Price Target

California BanCorp MarketRank™ Stock Analysis

Analyst Rating
3.00 Rating Score
18.9% Upside
$26.25 Price Target
Short Interest
1.11% of Float Sold Short
Dividend Strength
Upright™ Environmental Score
News Sentiment
0.68mentions of California BanCorp in the last 14 days
Based on 3 Articles This Week
Insider Trading
Proj. Earnings Growth
From $2.17 to $2.07 Per Share

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.

3.38 out of 5 stars

Finance Sector

431st out of 874 stocks

State Commercial Banks Industry

118th out of 177 stocks

CALB stock logo

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.

CALB Stock Price History

CALB Stock News Headlines

California BanCorp (NASDAQ:CALB) Trading Up 0%
River Valley Community Bancorp Announces Director Retirement
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

State commercial banks
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
4 Analysts


Net Income
$21.63 million
Pretax Margin


Sales & Book Value

Annual Sales
$114.08 million
Cash Flow
$2.67 per share
Book Value
$23.78 per share


Free Float
Market Cap
$186.27 million
Not Optionable
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Key Executives

  • Mr. Steven E. Shelton (Age 63)
    CEO & Director
    Comp: $849.42k
  • Mr. Thomas A. Sa CPA (Age 62)
    President, CFO & COO
    Comp: $638.78k
  • Mr. John Lehman
    Senior Vice President of Operations & Compliance
  • Mr. John E. Lindstedt (Age 89)
    Senior Executive Vice President
    Comp: $262.58k
  • Ms. Amy C. Efland
    Senior VP, Relationship Manager & Sales Manager of CBC Business Credit - South Bay
  • Mr. Lawrence F. LaCroix
    Executive VP & Manager of Sponsor Finance
  • Ms. Marina Kremer
    Senior Vice President of Sponsor Finance Lending Division
  • Ms. Tommiette Rey II
    Assistant VP & Corporate Secretary
  • Mr. Franklin E. Haggas
    VP & Relationship Manager
  • Mr. James Christiansen
    Executive Vice President of CBC Business Credit Division

CALB Stock Analysis - Frequently Asked Questions

Should I buy or sell California BanCorp stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for California BanCorp in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street 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?

4 brokerages have issued twelve-month price targets for California BanCorp's shares. Their CALB share price targets range from $23.00 to $31.00. On average, they expect the company's share price to reach $26.25 in the next twelve months. This suggests a possible upside of 18.9% 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 beginning of the year. Since then, CALB shares have decreased by 10.9% and is now trading at $22.07.
View the best growth stocks for 2024 here

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 quarterly earnings results on Monday, April, 29th. The company reported $0.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.02. The business earned $19.42 million during the quarter, compared to analysts' expectations of $19.50 million. California BanCorp had a trailing twelve-month return on equity of 10.90% and a net margin of 17.16%.

Who are California BanCorp's major shareholders?

California BanCorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.25%), Wasatch Advisors LP (3.74%) and Kennedy Capital Management LLC (0.61%). 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 5/29/2024 by Staff

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