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CALB

CALB - California Bancorp Stock Price, Fair Value and News

20.32USD-0.36 (-1.74%)Market Closed

Market Summary

CALB
USD20.32-0.36
Market Closed
-1.74%

CALB Stock Price

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CALB RSI Chart

CALB Valuation

Market Cap

171.5M

Price/Earnings (Trailing)

8.57

Price/Sales (Trailing)

1.54

EV/EBITDA

-0.31

Price/Free Cashflow

8.53

CALB Price/Sales (Trailing)

CALB Profitability

EBT Margin

25.70%

Return on Equity

9.97%

Return on Assets

1.04%

Free Cashflow Yield

11.73%

CALB Fundamentals

CALB Revenue

Revenue (TTM)

111.1M

Rev. Growth (Yr)

7.22%

Rev. Growth (Qtr)

-3.6%

CALB Earnings

Earnings (TTM)

20.0M

Earnings Growth (Yr)

-29.98%

Earnings Growth (Qtr)

-28.54%

Breaking Down CALB Revenue

Last 7 days

-1.9%

Last 30 days

-3.9%

Last 90 days

-9.8%

Trailing 12 Months

40.2%

How does CALB drawdown profile look like?

CALB Financial Health

CALB Investor Care

Shares Dilution (1Y)

0.97%

Diluted EPS (TTM)

2.37

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024111.1M000
202391.9M101.4M108.3M109.2M
202262.2M64.7M70.3M82.3M
202155.7M58.1M60.5M61.3M
202049.9M50.4M51.1M53.0M
201900049.1M

Tracking the Latest Insider Buys and Sells of California Bancorp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 19, 2030
sa thomas a
acquired
-
-
1,500
see remarks
Mar 19, 2030
myers scott alexander
acquired
-
-
1,350
sevp, chief lending offier
Mar 19, 2030
dorrance thomas m.
acquired
-
-
1,200
chief technology officer
Mar 19, 2030
wirfel michelle
acquired
-
-
1,350
sevp and chief banking officer
Mar 19, 2030
shelton steven e.
acquired
-
-
1,700
see remarks
Feb 01, 2024
armanino andrew j.
acquired
11,997
24.89
482
-
Feb 01, 2024
levenson julie
acquired
9,010
24.89
362
-
Feb 01, 2024
myers scott alexander
sold
-63,279
24.68
-2,564
sevp, chief lending offier
Feb 01, 2024
cullen kevin j.
acquired
11,997
24.89
482
-
Feb 01, 2024
muller frank l.
acquired
9,010
24.89
362
-

1–10 of 50

Which funds bought or sold CALB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
JANE STREET GROUP, LLC
added
286
843,260
1,189,630
-%
May 15, 2024
ENDEAVOUR CAPITAL ADVISORS INC
added
0.32
-2,172,410
17,833,200
6.16%
May 15, 2024
BOOTHBAY FUND MANAGEMENT, LLC
reduced
-14.82
-408,608
1,272,150
0.02%
May 15, 2024
Tower Research Capital LLC (TRC)
sold off
-100
-16,911
-
-%
May 15, 2024
Elizabeth Park Capital Advisors, Ltd.
reduced
-46.73
-2,403,190
2,159,610
1.79%
May 15, 2024
Cubist Systematic Strategies, LLC
new
-
98,736
98,736
-%
May 15, 2024
Point72 Asia (Singapore) Pte. Ltd.
new
-
179,828
179,828
0.05%
May 15, 2024
683 Capital Management, LLC
sold off
-100
-237,795
-
-%
May 15, 2024
Curi RMB Capital, LLC
new
-
5,031,990
5,031,990
0.12%
May 15, 2024
MARSHALL WACE, LLP
new
-
386,012
386,012
-%

1–10 of 50

Are Funds Buying or Selling CALB?

Are funds buying CALB calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CALB
No. of Funds

Unveiling California Bancorp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
alliancebernstein l.p.
9.8%
822,146
SC 13G/A
Feb 13, 2024
manulife financial corp
5.42%
-
SC 13G/A
Feb 08, 2024
banc funds co llc
3.0%
252,938
SC 13G/A
Feb 14, 2023
manulife financial corp
5.92%
-
SC 13G/A
Feb 14, 2023
alliancebernstein l.p.
6.7%
555,548
SC 13G/A
Feb 13, 2023
banc funds co llc
3.3%
278,529
SC 13G/A
Feb 06, 2023
banc funds co llc
4.6%
345,972
SC 13G/A
Feb 16, 2022
manulife financial corp
6.26%
-
SC 13G
Feb 14, 2022
alliancebernstein l.p.
5.6%
463,811
SC 13G/A
Feb 14, 2022
endeavour capital advisors inc
9.8%
807,982
SC 13G/A

Recent SEC filings of California Bancorp

View All Filings
Date Filed Form Type Document
Jun 07, 2024
DEFM14A
DEFM14A
May 13, 2024
8-K
Current Report
May 13, 2024
425
Prospectus Filed
May 13, 2024
425
Prospectus Filed
May 09, 2024
10-Q
Quarterly Report
Apr 29, 2024
8-K
Current Report
Apr 29, 2024
425
Prospectus Filed
Mar 21, 2024
10-K
Annual Report

Peers (Alternatives to California Bancorp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
563.0B
180.9B
-3.62% 34.86%
11.18
3.11
60.42% 19.83%
306.8B
137.9B
3.14% 34.05%
12.26
2.22
56.12% -12.56%
199.6B
88.5B
-6.46% 34.35%
10.64
2.26
42.28% 26.14%
115.1B
140.1B
-5.35% 23.25%
14.4
0.82
54.53% -
15.7B
10.4B
-2.17% 24.77%
10.97
1.51
26.22% -33.87%
12.9B
8.1B
-7.73% 31.01%
14.71
1.58
32.15% -50.93%
MID-CAP
6.4B
4.2B
-8.61% 13.20%
9.19
1.5
34.68% -45.96%
6.1B
4.1B
-3.44% 42.53%
9.7
1.5
32.93% -30.73%
3.3B
1.3B
-1.82% 34.94%
11.63
2.5
30.60% -12.99%
3.0B
2.0B
-7.59% 17.79%
18.9
1.49
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
410.1M
173.1M
4.39% 12.61%
14.06
2.37
26.54% -34.86%
371.4M
176.1M
-8.86% 3.08%
37.36
2.11
35.14% -73.84%
269.5M
98.7M
-6.56% -9.61%
9.16
2.73
6.27% -22.90%
40.6M
62.5M
-10.49% -13.09%
-13.74
0.65
18.83% -145.18%

California Bancorp News

Latest updates
MarketBeat16 hours ago
MarketBeat29 May 202407:00 am

California Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-3.6%27.0028.0028.0027.0026.0027.0021.0018.0016.0016.0016.0015.0015.0015.0013.0013.0012.0013.0013.0012.0011.00
EBITDA Margin-4.6%0.92*0.96*1.03*1.10*1.17*1.23*1.23*1.21*1.22*1.19*1.16*1.10*---------
Interest Expenses-4.6%18.0019.0019.0019.0019.0022.0018.0016.0015.0014.0014.0014.0013.0013.0011.0011.0010.0011.0010.0010.0010.00
Income Taxes-18.4%2.002.002.002.002.003.002.002.002.001.001.002.001.001.000.001.000.000.001.001.001.00
Earnings Before Taxes-25.6%6.008.008.008.008.0011.008.006.005.004.004.006.004.003.001.002.001.001.003.003.003.00
EBT Margin-8.3%0.26*0.28*0.32*0.34*0.35*0.36*0.33*0.31*0.32*0.30*0.27*0.22*---------
Net Income-28.5%4.005.005.005.005.008.006.004.004.003.003.004.003.002.000.002.000.001.002.003.002.00
Net Income Margin-9.1%0.18*0.20*0.22*0.24*0.25*0.26*0.24*0.22*0.23*0.22*0.20*0.16*---------
Free Cashflow-341.5%-5.312.0010.0013.003.0014.007.009.00-0.495.005.002.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Assets-3.2%1,9231,9861,9842,0062,0512,0422,0491,8851,8602,0152,0491,8691,9481,9061,9731,9101,2071,152
    Cash Equivalents-4.4%203212199208214232241158225470601393361419504508141114
  Net PPE-10.0%2.002.002.003.003.003.003.004.004.004.004.005.005.006.006.005.003.004.00
Liabilities-3.8%1,7221,7891,7941,8211,8721,8701,8841,7271,7051,8641,9021,7251,8081,7691,8381,7771,0761,022
Shareholder's Equity2.2%201196190184179172164159155151147144139136135134131130
  Retained Earnings4.5%88.0084.0079.0073.0068.0062.0055.0049.0045.0041.0038.0035.0031.0028.0026.0026.0024.0024.00
Shares Outstanding0.4%8.008.008.008.008.008.008.008.008.008.008.008.00------
Float----137---147-------111--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-340.6%-5,3062,20510,19813,0702,72213,5116,8458,769-4625,4784,1653,1903,3761,9906,2246,596-57.005,1464,9579511,425
  Share Based Compensation-40.6%33957148255834647149747432117464184.00383155525314280504347229172
Cashflow From Investing215.3%56,77818,00512,32534,986-22,055-4,845-81,165-94,318-91,645-96,28128,370113,396-104,498-18,998-69,639-338,818-26,383-13,004-24,389-22,942-41,103
Cashflow From Financing-788.1%-60,728-6,838-31,208-54,314876-17,338156,93919,451-153,816-39,791176,009-84,86043,385-68,36959,240699,68152,70854,54031,69716,06622,293
  Buy Backs-------7.00----15.67----------
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CALB Income Statement

2024-03-31
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income  
Loans$ 23,574$ 22,472
Federal funds sold2,3341,760
Investment securities1,4741,307
Total interest income27,38225,539
Interest expense  
Deposits9,0966,022
Borrowings and subordinated debt571760
Total interest expense9,6676,782
Net interest income17,71518,757
Provision for credit losses126358
Net interest income after provision for credit losses17,58918,399
Non-interest income  
Service charges and other fees1,379863
Other326244
Total non-interest income1,7051,107
Non-interest expense  
Salaries and benefits8,8527,876
Premises and equipment1,4521,180
Merger related expenses1,0240
Professional fees443450
Data processing432608
Other1,5011,729
Total non-interest expense13,70411,843
Income before provision for income taxes5,5907,663
Provision for income taxes1,7732,212
Net income$ 3,817$ 5,451
Earnings per common share  
Basic$ 0.45$ 0.65
Diluted$ 0.45$ 0.64
Average common shares outstanding8,413,7358,339,080
Average common and equivalent shares outstanding8,566,7128,492,067
CALB
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 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. California BanCorp was incorporated in 2007 and is headquartered in Oakland, California.
 CEO
 WEBSITEcaliforniabankofcommerce.com
 INDUSTRYBanks Diversified
 EMPLOYEES157

California Bancorp Frequently Asked Questions


What is the ticker symbol for California Bancorp? What does CALB stand for in stocks?

CALB is the stock ticker symbol of California Bancorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of California Bancorp (CALB)?

As of Wed Jun 12 2024, market cap of California Bancorp is 174.52 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CALB stock?

You can check CALB's fair value in chart for subscribers.

What is the fair value of CALB stock?

You can check CALB's fair value in chart for subscribers. The fair value of California Bancorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of California Bancorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CALB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is California Bancorp a good stock to buy?

The fair value guage provides a quick view whether CALB is over valued or under valued. Whether California Bancorp is cheap or expensive depends on the assumptions which impact California Bancorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CALB.

What is California Bancorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Jun 12 2024, CALB's PE ratio (Price to Earnings) is 8.73 and Price to Sales (PS) ratio is 1.57. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CALB PE ratio will change depending on the future growth rate expectations of investors.