California BanCorp (CALB): Price and Financial Metrics
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CALB POWR Grades
- CALB scores best on the Sentiment dimension, with a Sentiment rank ahead of 96.73% of US stocks.
- CALB's strongest trending metric is Value; it's been moving up over the last 31 weeks.
- CALB ranks lowest in Quality; there it ranks in the 19th percentile.
CALB Stock Summary
- CALB's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 96.13% of US stocks.
- With a year-over-year growth in debt of -93.31%, California BanCorp's debt growth rate surpasses only 2.38% of about US stocks.
- California BanCorp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 244.65%, greater than the shareholder yield of 98.99% of stocks in our set.
- Stocks that are quantitatively similar to CALB, based on their financial statements, market capitalization, and price volatility, are WNEB, BOH, SAL, SFST, and FCCY.
- CALB's SEC filings can be seen here. And to visit California BanCorp's official web site, go to californiabankofcommerce.com.
CALB Valuation Summary
- CALB's price/sales ratio is 2.7; this is 125% higher than that of the median Financial Services stock.
- Over the past 20 months, CALB's price/sales ratio has gone down 1.1.
- Over the past 20 months, CALB's price/sales ratio has gone down 1.1.
Below are key valuation metrics over time for CALB.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| CALB | 2021-07-29 | 3.1 | 1.1 | 22.1 | -5.8 |
| CALB | 2021-05-26 | 3.3 | 1.1 | 23.5 | -4.8 |
| CALB | 2021-04-01 | 3.3 | 1.1 | 34.2 | -9.2 |
| CALB | 2020-09-28 | 2.1 | 0.7 | 12.7 | -5.1 |
| CALB | 2020-09-03 | 2.4 | 0.8 | 14.5 | -3.8 |
| CALB | 2020-04-29 | 2.7 | 0.9 | 16.3 | 1.5 |
CALB Price Target
For more insight on analysts targets of CALB, see our CALB price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $23.00 | Average Broker Recommendation | 1.5 (Moderate Buy) |
CALB Stock Price Chart Interactive Chart >
CALB Price/Volume Stats
| Current price | $17.79 | 52-week high | $19.88 |
| Prev. close | $17.12 | 52-week low | $10.19 |
| Day low | $17.06 | Volume | 38,800 |
| Day high | $18.00 | Avg. volume | 26,349 |
| 50-day MA | $17.65 | Dividend yield | N/A |
| 200-day MA | $17.15 | Market Cap | 146.39M |
California BanCorp (CALB) Company Bio
California BanCorp operates as the bank holding company for California Bank of Commerce that provides commercial banking services to small to middle-market businesses, professionals, and not-for-profit organizations 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 seven offices, including three banking offices in Lafayette, Fremont, and San Jose, as well as four loan production offices in Oakland, Walnut Creek, San Jose, and Sacramento. California BanCorp was founded in 2007 and is headquartered in Oakland, California.
Latest CALB News From Around the Web
Below are the latest news stories about California BanCorp that investors may wish to consider to help them evaluate CALB as an investment opportunity.
California BanCorp Announces Completion of $35 Million Subordinated Debt OfferingOAKLAND, Calif., Aug. 17, 2021 (GLOBE NEWSWIRE) -- California BanCorp (the “Company”) (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, today announced that it has completed a private placement of $35 million in fixed-to-floating rate subordinated notes due September 1, 2031 (the "Notes") to certain qualified buyers and accredited investors. The Company intends to use the net proceeds to redeem $5 million of bank-level subordinated debt and for general corporate purposes. The Note |
California BanCorp Appoints Millicent Tracey to Board of DirectorsOAKLAND, Calif., July 30, 2021 (GLOBE NEWSWIRE) -- California BanCorp (the “Company”) (Nasdaq: CALB), the parent company of California Bank of Commerce (the “Bank”), today announced that Millicent C. Tracey has been appointed to the Board of Directors of the Company and the Bank. Ms. Tracey is an accomplished financial services product strategy executive, advisor and board member with over 20 years of experience leading business-to-business payments strategy. She is the founder of Purse, a finan |
California BanCorp Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2021OAKLAND, Calif., July 29, 2021 (GLOBE NEWSWIRE) -- California BanCorp (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, announced today its financial results for the second quarter and six months ended June 30, 2021. The Company reported net income of $4.2 million for the second quarter of 2021, representing an increase of $1.4 million, or 48%, compared to $2.8 million for the first quarter of 2021 and an increase of $2.6 million, or 169%, compared to $1.6 million in the second qu |
Is California BanCorp (NASDAQ:CALB) Popular Amongst Insiders?The big shareholder groups in California BanCorp ( NASDAQ:CALB ) have power over the company. Insiders often own a... |
California BanCorp Appoints Julie Levenson to Board of DirectorsOAKLAND, Calif., Feb. 08, 2021 (GLOBE NEWSWIRE) -- California BanCorp (the “Company”) (Nasdaq: CALB), the parent company of California Bank of Commerce (the “Bank”), today announced that Julie J. Levenson has been appointed to the Board of Directors of the Company and the Bank. Levenson is a career investment banker and financial adviser. She is a founding partner of La Honda Advisors, a Silicon Valley-based boutique advisory firm that provides M&A and capital markets advice to companies in the technology, consumer and health-tech industries. Previously, she served as a managing director of several investment banking firms, including Cowen and Company, Houlihan Lokey, Bear Stearns & Co. and Merrill Lynch. “We are pleased to have Julie join us,” said Stephen Cortese, Chairman of the Boar... |
CALB Price Returns
| 1-mo | 0.25% |
| 3-mo | -1.22% |
| 6-mo | -5.72% |
| 1-year | 38.44% |
| 3-year | N/A |
| 5-year | N/A |
| YTD | 14.33% |
| 2020 | -22.20% |
| 2019 | 14.61% |
| 2018 | -19.77% |
| 2017 | N/A |
| 2016 | N/A |
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