California BanCorp (CALB)

Market Cap	187.73M
Revenue (ttm)	77.92M
Net Income (ttm)	20.00M
Shares Out	8.44M
EPS (ttm)	2.37
PE Ratio	9.32
Forward PE	10.07
Dividend	n/a
Ex-Dividend Date	n/a

Volume	10,830
Open	22.05
Previous Close	22.19
Day's Range	21.76 - 22.57
52-Week Range	13.99 - 27.82
Beta	0.92
Analysts	Strong Buy
Price Target	26.25 (+18.83%)
Earnings Date	Apr 29, 2024

About 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, ...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 2007
• Employees: 169
• Stock Exchange: NASDAQ
• Ticker Symbol: CALB

Financial Performance

In 2023, CALB's revenue was $78.13 million, an increase of 4.78% compared to the previous year's $74.57 million. Earnings were $21.63 million, an increase of 2.49%.

Analyst Forecast

According to 4 analysts, the average rating for CALB stock is "Strong Buy." The 12-month stock price forecast is $26.25, which is an increase of 18.83% from the latest price.

Price Target

$26.25

(18.83% upside)

Analyst Consensus: Strong Buy