S&P 500   3,790.93
DOW   30,316.32
QQQ   282.13
6 Benefits of Working With a Franchise Consultant or Broker
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Small-Cap Catalyst Pharma Is Among Market's Best Price Performers
3 Safe Earnings Plays for a Risk-Off Market
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Micron to bring microchip plant to upstate New York
Tyson Foods Takes a Lickin’ and Keeps on Tickin’ Lower
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Stocks rise in extended rally, clawing back more ground
Live Updates: Russia-Ukraine War
S&P 500   3,790.93
DOW   30,316.32
QQQ   282.13
6 Benefits of Working With a Franchise Consultant or Broker
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Small-Cap Catalyst Pharma Is Among Market's Best Price Performers
3 Safe Earnings Plays for a Risk-Off Market
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Micron to bring microchip plant to upstate New York
Tyson Foods Takes a Lickin’ and Keeps on Tickin’ Lower
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Stocks rise in extended rally, clawing back more ground
Live Updates: Russia-Ukraine War
S&P 500   3,790.93
DOW   30,316.32
QQQ   282.13
6 Benefits of Working With a Franchise Consultant or Broker
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Small-Cap Catalyst Pharma Is Among Market's Best Price Performers
3 Safe Earnings Plays for a Risk-Off Market
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Micron to bring microchip plant to upstate New York
Tyson Foods Takes a Lickin’ and Keeps on Tickin’ Lower
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Stocks rise in extended rally, clawing back more ground
Live Updates: Russia-Ukraine War
S&P 500   3,790.93
DOW   30,316.32
QQQ   282.13
6 Benefits of Working With a Franchise Consultant or Broker
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Small-Cap Catalyst Pharma Is Among Market's Best Price Performers
3 Safe Earnings Plays for a Risk-Off Market
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Micron to bring microchip plant to upstate New York
Tyson Foods Takes a Lickin’ and Keeps on Tickin’ Lower
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Stocks rise in extended rally, clawing back more ground
Live Updates: Russia-Ukraine War
NASDAQ:CALB

California BanCorp - CALB Stock Forecast, Price & News

$20.41
-0.16 (-0.78%)
(As of 10/4/2022 12:00 AM ET)
Add
Compare
Today's Range
$20.41
$20.70
50-Day Range
$20.04
$21.47
52-Week Range
$17.15
$24.00
Volume
7,958 shs
Average Volume
5,586 shs
Market Capitalization
$169.83 million
P/E Ratio
11.87
Dividend Yield
N/A
Price Target
$23.00

California BanCorp MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
12.7% Upside
$23.00 Price Target
Short Interest
Healthy
0.08% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.52
Upright™ Environmental Score
News Sentiment
0.32mentions of California BanCorp in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.04%
From $2.30 to $2.60 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.21 out of 5 stars

Finance Sector

635th out of 925 stocks

State Commercial Banks Industry

132nd out of 197 stocks

CALB stock logo

About California BanCorp (NASDAQ:CALB) Stock

California BanCorp operates as the bank holding company for California Bank of Commerce that provides commercial banking services 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; standby 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. The company has a full-service branch in California located in Contra Costa County, California; and 4 loan production offices in Alameda, Contra Costa, Sacramento, and Santa Clara. California BanCorp was incorporated in 2007 and is headquartered in Oakland, California.

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.

CALB Stock News Headlines

California BanCorp (NASDAQ:CALB) Price Target Cut to $23.00
California BanCorp (CALB)
California Bancorp: Q4 Earnings Insights
California BanCorp EPS beats by $0.08, beats on revenue
California Bancorp Inc (CALB)
See 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.

CALB Company Calendar

Last Earnings
7/28/2022
Today
10/05/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:CALB
Fax
N/A
Employees
150
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$23.00
High Stock Price Forecast
$23.00
Low Stock Price Forecast
$23.00
Forecasted Upside/Downside
+12.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$13.37 million
Pretax Margin
27.98%

Debt

Sales & Book Value

Annual Sales
$65.47 million
Cash Flow
$1.83 per share
Book Value
$18.27 per share

Miscellaneous

Free Float
7,480,000
Market Cap
$169.83 million
Optionable
Not Optionable
Beta
1.04

Key Executives

  • Mr. Steven E. Shelton (Age 61)
    CEO & Director
    Comp: $681.66k
  • Mr. Thomas A. Sa CPA (Age 60)
    Sr. EVP, CFO, COO & Pres
    Comp: $522.04k
  • Mr. Scott Alexander Myers (Age 51)
    Sr. EVP & Chief Lending Officer of California Bank of Commerce
    Comp: $480.59k
  • Mr. John Lehman
    Sr. VP of Operations & Compliance
  • Mr. Steven Nelson
    Sr. VP of HR
  • Mr. Thomas M. Park
    Sr. Exec. VP
  • Mr. John E. Lindstedt (Age 87)
    Sr. Exec. VP
  • Ms. Jamie Smith
    Exec. VP of Dental Division
  • Ms. Vivian Z. Mui (Age 42)
    Sr. EVP & Chief Credit Officer of California Bank of Commerce
  • Mr. Kevin Knox
    Sr. VP of CBC Bus. Credit & Relationship Mang.













CALB Stock - Frequently Asked Questions

Should I buy or sell California BanCorp stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for California BanCorp in the last twelve months. There are currently 1 buy rating 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 forecast for 2022?

1 Wall Street research analysts have issued 12-month price targets for California BanCorp's stock. Their CALB share price forecasts range from $23.00 to $23.00. On average, they anticipate the company's stock price to reach $23.00 in the next twelve months. This suggests a possible upside of 12.7% 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 2022?

California BanCorp's stock was trading at $21.23 on January 1st, 2022. Since then, CALB shares have decreased by 3.9% and is now trading at $20.41.
View the best growth stocks for 2022 here
.

When is California BanCorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our CALB earnings forecast
.

How were California BanCorp's earnings last quarter?

California BanCorp (NASDAQ:CALB) posted its earnings results on Thursday, July, 28th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.10. The company had revenue of $17.62 million for the quarter, compared to analysts' expectations of $16.50 million. California BanCorp had a trailing twelve-month return on equity of 9.37% and a net margin of 20.18%.

What is California BanCorp's stock symbol?

California BanCorp trades on the NASDAQ under the ticker symbol "CALB."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is California BanCorp's stock price today?

One share of CALB stock can currently be purchased for approximately $20.41.

How much money does California BanCorp make?

California BanCorp (NASDAQ:CALB) has a market capitalization of $169.83 million and generates $65.47 million in revenue each year. The company earns $13.37 million in net income (profit) each year or $1.72 on an earnings per share basis.

How many employees does California BanCorp have?

The company employs 150 workers across the globe.

How can I contact California BanCorp?

California BanCorp's mailing address is 1300 Clay Street Suite 500, Oakland CA, 94612. The official website for the company is www.californiabankofcommerce.com. The company can be reached via phone at (510) 457-3737 or via email at trey@bankcbc.com.

This page (NASDAQ:CALB) was last updated on 10/5/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.