NASDAQ:CALB California BanCorp (CALB) Stock Price, News & Analysis $24.35 +0.10 (+0.41%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$24.23▼$24.7450-Day Range$20.22▼$24.3552-Week Range$17.66▼$27.82Volume26,685 shsAverage Volume33,778 shsMarket Capitalization$206.24 millionP/E Ratio10.27Dividend YieldN/APrice Target$26.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSustainabilityTrends Get California BanCorp alerts: Email Address California BanCorp MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside7.8% Upside$26.25 Price TargetShort InterestHealthy2.37% of Float Sold ShortDividend StrengthN/ASustainability-0.45Upright™ Environmental ScoreNews Sentiment0.94Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth-6.98%From $2.15 to $2.00 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.3.11 out of 5 starsFinance Sector446th out of 898 stocksState Commercial Banks Industry100th out of 181 stocks 1.5 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 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCalifornia BanCorp has only been the subject of 3 research reports in the past 90 days.Read more about California BanCorp's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.37% 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 3.8, 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 436.94%, 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 3.3 News and Social Media Coverage News SentimentCalifornia BanCorp has a news sentiment score of 0.94. 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 higher news sentiment than the 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for California BanCorp this week, compared to 1 article on an average week.MarketBeat Follows1 people have added California BanCorp to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, California BanCorp insiders have not sold or bought any 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.Read more about California BanCorp's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for California BanCorp are expected to decrease by -6.98% in the coming year, from $2.15 to $2.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of California BanCorp is 10.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of California BanCorp is 10.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.14.Price to Book Value per Share RatioCalifornia BanCorp has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPressNew trading system called MSFT, NVDA & MSFTLook 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.Just follow this link here! 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 HeadlinesJuly 11, 2024 | prnewswire.comSHAREHOLDER ALERT: The M&A Class Action Investigates the Merger and Upcoming Vote on July 17, 2024, of California BanCorp - CALBJune 7, 2024 | prnewswire.comURGENT ALERT: The M&A Class Action Investigates the Merger and Upcoming Vote on July 17, 2024, of California BanCorp - CALBJuly 26, 2024 | DTI (Ad)Heard about the 72-Hour Profit Surge? Read this…One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…May 13, 2024 | globenewswire.comSouthern California Bancorp and California Bancorp Announce Receipt of Regulatory Approval for Merger of EqualsMay 12, 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 - CALBMay 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 2024April 29, 2024 | globenewswire.comCalifornia BanCorp Reports Financial Results for the First Quarter Ended March 31, 2024July 26, 2024 | DTI (Ad)Heard about the 72-Hour Profit Surge? Read this…One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…April 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 infusionFebruary 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 $0.07MSee 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 Earnings4/29/2024Today7/26/2024Fiscal 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$26.25 High Stock Price Target$31.00 Low Stock Price Target$23.00 Potential Upside/Downside+7.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.37 Trailing P/E Ratio10.27 Forward P/E Ratio11.33 P/E GrowthN/ANet Income$21.63 million Net Margins17.16% Pretax Margin24.50% Return on Equity10.90% Return on Assets1.06% Debt Debt-to-Equity Ratio0.27 Current Ratio1.06 Quick Ratio1.06 Sales & Book Value Annual Sales$114.08 million Price / Sales1.81 Cash Flow$2.76 per share Price / Cash Flow8.82 Book Value$23.40 per share Price / Book1.04Miscellaneous Outstanding Shares8,470,000Free Float7,560,000Market Cap$206.24 million OptionableNot Optionable Beta0.95 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.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 CompetitorsFirst Community BanksharesNASDAQ:FCBCMercantile BankNASDAQ:MBWMMetroCity BanksharesNASDAQ:MCBSHBT FinancialNASDAQ:HBTOld Second BancorpNASDAQ:OSBCView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 22,034 shares on 7/26/2024Ownership: 0.260%Kennedy Capital Management LLCSold 58,803 shares on 5/16/2024Ownership: 0.612%Vanguard Group Inc.Bought 18,100 shares on 5/10/2024Ownership: 4.251%Scott Alexander MyersSold 2,564 sharesTotal: $63,279.52 ($24.68/share)Wayne S DoiguchiSold 388 sharesTotal: $7,181.88 ($18.51/share)View All Insider TransactionsView All Institutional Transactions CALB Stock Analysis - Frequently Asked Questions How have CALB shares performed this year? California BanCorp's stock was trading at $24.76 at the beginning of 2024. Since then, CALB stock has decreased by 1.7% and is now trading at $24.35. View the best growth stocks for 2024 here. How were California BanCorp's earnings last quarter? California BanCorp (NASDAQ:CALB) issued its quarterly earnings data on Monday, April, 29th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.02. The firm earned $19.42 million during the quarter, compared to analyst estimates of $19.50 million. California BanCorp had a net margin of 17.16% and a trailing twelve-month return on equity of 10.90%. Who are California BanCorp's major shareholders? Top institutional investors of California BanCorp include Bank of New York Mellon Corp (0.26%). Insiders that own company stock include Wayne S Doiguchi and Scott Alexander Myers. 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 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. 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