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CALB

CALB - California Bancorp Stock Price, Fair Value and News

21.89USD-0.20 (-0.91%)Delayed as of 30 Apr 2024, 01:10 pm ET

Market Summary

CALB
USD21.89-0.20
Delayedas of 30 Apr 2024, 01:10 pm
-0.91%

CALB Stock Price

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CALB RSI Chart

CALB Valuation

Market Cap

185.9M

Price/Earnings (Trailing)

8.59

Price/Sales (Trailing)

1.7

EV/EBITDA

-0.25

Price/Free Cashflow

6.61

CALB Price/Sales (Trailing)

CALB Profitability

EBT Margin

28.04%

Return on Equity

11.01%

Return on Assets

1.09%

Free Cashflow Yield

15.13%

CALB Fundamentals

CALB Revenue

Revenue (TTM)

109.2M

Rev. Growth (Yr)

3.37%

Rev. Growth (Qtr)

1.11%

CALB Earnings

Earnings (TTM)

21.6M

Earnings Growth (Yr)

-30.35%

Earnings Growth (Qtr)

-1.1%

Breaking Down CALB Revenue

52 Week Range

12.7822.11
(Low)(High)

Last 7 days

3.6%

Last 30 days

0.4%

Last 90 days

-14.3%

Trailing 12 Months

25.1%

How does CALB drawdown profile look like?

CALB Financial Health

CALB Investor Care

Shares Dilution (1Y)

0.91%

Diluted EPS (TTM)

2.56

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
Apr 22, 2024
Raymond James Financial Services Advisors, Inc.
added
42.7
89,334
422,752
-%
Apr 19, 2024
CALDWELL SUTTER CAPITAL, INC.
unchanged
-
-8,987
71,632
0.03%
Apr 18, 2024
WASATCH ADVISORS LP
reduced
-0.17
-881,700
6,921,660
0.04%
Apr 12, 2024
Keystone Wealth Services, LLC
unchanged
-
-72,450
577,500
0.19%
Mar 11, 2024
VANGUARD GROUP INC
added
2.26
1,732,190
8,403,940
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
new
-
584,682
584,682
-%
Feb 23, 2024
MENDON CAPITAL ADVISORS CORP
new
-
582,553
582,553
0.24%
Feb 15, 2024
JANE STREET GROUP, LLC
new
-
346,368
346,368
-%
Feb 15, 2024
BARCLAYS PLC
added
16.52
92,000
302,000
-%
Feb 15, 2024
Baker Avenue Asset Management, LP
unchanged
-
208,535
1,108,010
0.05%

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
Apr 29, 2024
425
Prospectus Filed
Apr 29, 2024
8-K
Current Report
Mar 21, 2024
10-K
Annual Report
Feb 28, 2024
425
Prospectus Filed
Feb 28, 2024
425
Prospectus Filed
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 08, 2024
SC 13G/A
Major Ownership Report
Feb 05, 2024
4
Insider Trading
Feb 05, 2024
4
Insider Trading

Peers (Alternatives to California Bancorp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
556.7B
171.1B
-3.50% 39.81%
11.24
3.25
60.72% 31.52%
295.6B
130.3B
-0.98% 28.24%
11.15
2.27
79.51% -3.68%
213.9B
85.7B
3.17% 50.44%
11.18
2.5
41.49% 39.96%
119.0B
133.3B
-1.55% 32.27%
12.9
0.89
79.09% -
16.0B
10.2B
-3.61% 14.73%
9.98
1.57
44.53% -22.43%
13.8B
7.9B
-6.83% 30.82%
14.22
1.74
46.47% -49.56%
MID-CAP
6.9B
4.2B
-6.49% 18.56%
9.93
1.63
34.68% -45.96%
6.1B
3.9B
-4.79% 48.31%
9
1.55
45.91% -25.03%
3.3B
1.3B
0.25% 44.78%
12.44
2.61
43.24% -22.35%
3.3B
2.0B
0.37% 21.09%
17.83
1.67
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
395.5M
164.9M
-8.20% 39.26%
33.82
2.4
42.66% -70.76%
377.4M
162.6M
-8.87% 5.60%
12.55
2.32
25.39% -38.37%
274.3M
96.6M
-14.23% 6.33%
8.66
2.84
11.02% -11.37%
42.0M
60.9M
-5.77% -17.79%
-12.56
0.69
24.06% -144.92%

California Bancorp News

Latest updates
MSN • 22 hours ago
Zacks Investment Research • 29 hours ago
MarketBeat • 23 Apr 2024 • 07:00 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue1.1%28.0028.0027.0026.0027.0021.0018.0016.0016.0016.0015.0015.0015.0013.0013.0012.0013.0013.0012.0011.00
EBITDA Margin-6.9%0.96*1.03*1.10*1.17*1.23*1.23*1.21*1.22*1.19*1.16*1.10*1.03*--------
Interest Expenses0.0%19.0019.0019.0019.0022.0018.0016.0015.0014.0014.0014.0013.0013.0011.0011.0010.0011.0010.0010.0010.00
Income Taxes-5.8%2.002.002.002.003.002.002.002.001.001.002.001.001.000.001.000.000.001.001.001.00
Earnings Before Taxes-2.5%8.008.008.008.0011.008.006.005.004.004.006.004.003.001.002.001.001.003.003.003.00
EBT Margin-11.0%0.28*0.32*0.34*0.35*0.36*0.33*0.31*0.32*0.30*0.27*0.22*0.17*--------
Net Income-1.1%5.005.005.005.008.006.004.004.003.003.004.003.002.000.002.000.001.002.003.002.00
Net Income Margin-10.5%0.20*0.22*0.24*0.25*0.26*0.24*0.22*0.23*0.22*0.20*0.16*0.12*--------
Free Cashflow-78.3%2.0010.0013.003.0014.007.009.00-0.495.005.002.003.00--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Assets0.1%1,9861,9842,0062,0512,0422,0491,8851,8602,0152,0491,8691,9481,9061,9731,9101,2071,152
    Cash Equivalents6.7%212199208214232241158225470601393361419504508141114
  Net PPE-9.3%2.002.003.003.003.003.004.004.004.004.005.005.006.006.005.003.004.00
Liabilities-0.2%1,7891,7941,8211,8721,8701,8841,7271,7051,8641,9021,7251,8081,7691,8381,7771,0761,022
Shareholder's Equity3.3%196190184179172164159155151147144139136135134131130
  Retained Earnings6.8%84.0079.0073.0068.0062.0055.0049.0045.0041.0038.0035.0031.0028.0026.0026.0024.0024.00
Shares Outstanding0.1%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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-78.4%2,20510,19813,0702,72213,5116,8458,769-4625,4784,1653,1903,3761,9906,2246,596-57.005,1464,9579511,425
  Share Based Compensation18.5%57148255834647149747432117464184.00383155525314280504347229172
Cashflow From Investing46.1%18,00512,32534,986-22,055-4,845-81,165-94,318-91,645-96,28128,370113,396-104,498-18,998-69,639-338,818-26,383-13,004-24,389-22,942-41,103
Cashflow From Financing78.1%-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

2023-12-31
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Interest income  
Loans$ 94,275$ 74,240
Federal funds sold9,1983,519
Investment securities5,7374,519
Total interest income109,21082,278
Interest expense  
Deposits31,7107,810
Borrowings and subordinated debt2,9453,496
Total interest expense34,65511,306
Net interest income74,55570,972
Provision for credit losses1,2973,775
Net interest income after provision for credit losses73,25867,197
Non-interest income  
Service charges and other fees3,7884,913
Gain on the sale of loans01,393
Other1,0871,068
Total non-interest income4,8757,374
Non-interest expense  
Salaries and benefits32,39429,097
Premises and equipment5,0575,093
Professional fees1,7592,179
Data processing2,1842,647
Other6,1215,649
Total non-interest expense47,51544,665
Income before provision for income taxes30,61829,906
Provision for income taxes8,9858,798
Net income$ 21,633$ 21,108
Earnings per common share  
Basic$ 2.58$ 2.54
Diluted$ 2.56$ 2.51
Average common shares outstanding8,374,6148,306,282
Average common and equivalent shares outstanding8,453,4238,404,317
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 Mon Apr 29 2024, market cap of California Bancorp is 185.85 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 Mon Apr 29 2024, CALB's PE ratio (Price to Earnings) is 8.59 and Price to Sales (PS) ratio is 1.7. 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.