CALB Stock Price, California Bancorp Quote, Chart

Market Summary

USD22.71+0.62

Delayedas of 17 May 2024, 01:37 pm

2.81%

CALB Stock Price

View Fullscreen

CALB RSI Chart

CALB Valuation

Market Cap

186.4M

Price/Earnings (Trailing)

9.32

Price/Sales (Trailing)

1.68

EV/EBITDA

-0.16

Price/Free Cashflow

9.27

CALB Price/Sales (Trailing)

CALB Profitability

EBT Margin

25.70%

Return on Equity

9.97%

Return on Assets

1.04%

Free Cashflow Yield

10.79%

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

52 Week Range

13.9922.71

(Low)(High)

Last 7 days

0.5%

Last 30 days

1.9%

Last 90 days

-2.8%

Trailing 12 Months

55.7%

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

Year	Q1	Q2	Q3	Q4
2024	111.1M	0	0	0
2023	91.9M	101.4M	108.3M	109.2M
2022	62.2M	64.7M	70.3M	82.3M
2021	55.7M	58.1M	60.5M	61.3M
2020	49.9M	50.4M	51.1M	53.0M
2019	0	0	0	49.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of California Bancorp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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	-

Which funds bought or sold CALB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	MILLENNIUM MANAGEMENT LLC	added	251	1,604,220	2,360,310	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	0.63	-145,157	1,226,130	0.03%
May 15, 2024	CSS LLC/IL	new	-	700,216	700,216	0.04%
May 15, 2024	Royal Bank of Canada	reduced	-2.79	-11,000	68,000	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	270	670,335	962,676	-%
May 15, 2024	CITADEL ADVISORS LLC	new	-	277,794	277,794	-%
May 15, 2024	STATE STREET CORP	reduced	-5.17	-90,413	483,846	-%
May 15, 2024	MORGAN STANLEY	added	37.24	81,327	452,034	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-84.87	-580,364	90,112	-%
May 15, 2024	KENNEDY CAPITAL MANAGEMENT LLC	reduced	-53.24	-1,598,510	1,136,280	0.02%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
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
Feb 28, 2024	425	Prospectus Filed
Feb 28, 2024	425	Prospectus Filed
Feb 14, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to California Bancorp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	581.4B	174.7B	11.99%	46.24%	11.55	3.33	53.11%	19.83%
BAC	306.7B	137.9B	13.09%	37.28%	12.25	2.22	56.12%	-12.56%
WFC	212.8B	85.8B	8.19%	50.84%	11.34	2.48	35.02%	26.14%
C	122.4B	125.0B	12.50%	36.26%	15.31	0.98	37.85%	-
CFG	16.6B	10.4B	12.65%	38.40%	11.61	1.6	26.22%	-33.87%
KEY	14.4B	8.1B	7.74%	50.49%	16.53	1.78	32.15%	-50.93%
MID-CAP
CMA	7.2B	4.2B	8.99%	43.16%	10.4	1.7	34.68%	-45.96%
ZION	6.6B	4.1B	13.27%	70.96%	10.5	1.62	32.93%	-30.73%
ABCB	3.5B	1.3B	12.98%	57.40%	12.27	2.64	30.60%	-12.99%
ASB	3.3B	2.0B	11.41%	42.76%	20.79	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	415.3M	173.1M	13.52%	27.11%	14.24	2.4	26.54%	-34.86%
ALRS	390.4M	152.4M	-1.25%	34.56%	39.27	2.56	16.94%	-73.84%
ACNB	289.6M	98.7M	3.86%	15.94%	9.84	2.93	6.27%	-22.90%
ASRV	47.2M	62.5M	11.11%	-5.26%	-15.95	0.75	18.83%	-145.18%

California Bancorp News

Latest updates

California Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-3.6%	27.00	28.00	28.00	27.00	26.00	27.00	21.00	18.00	16.00	16.00	16.00	15.00	15.00	15.00	13.00	13.00	12.00	13.00	13.00	12.00	11.00
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%	18.00	19.00	19.00	19.00	19.00	22.00	18.00	16.00	15.00	14.00	14.00	14.00	13.00	13.00	11.00	11.00	10.00	11.00	10.00	10.00	10.00
Income Taxes	-18.4%	2.00	2.00	2.00	2.00	2.00	3.00	2.00	2.00	2.00	1.00	1.00	2.00	1.00	1.00	0.00	1.00	0.00	0.00	1.00	1.00	1.00
Earnings Before Taxes	-25.6%	6.00	8.00	8.00	8.00	8.00	11.00	8.00	6.00	5.00	4.00	4.00	6.00	4.00	3.00	1.00	2.00	1.00	1.00	3.00	3.00	3.00
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%	4.00	5.00	5.00	5.00	5.00	8.00	6.00	4.00	4.00	3.00	3.00	4.00	3.00	2.00	0.00	2.00	0.00	1.00	2.00	3.00	2.00
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%	-5.31	2.00	10.00	13.00	3.00	14.00	7.00	9.00	-0.49	5.00	5.00	2.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																		(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Assets	-3.2%	1,923	1,986	1,984	2,006	2,051	2,042	2,049	1,885	1,860	2,015	2,049	1,869	1,948	1,906	1,973	1,910	1,207	1,152
Cash Equivalents	-4.4%	203	212	199	208	214	232	241	158	225	470	601	393	361	419	504	508	141	114
Net PPE	-10.0%	2.00	2.00	2.00	3.00	3.00	3.00	3.00	4.00	4.00	4.00	4.00	5.00	5.00	6.00	6.00	5.00	3.00	4.00
Liabilities	-3.8%	1,722	1,789	1,794	1,821	1,872	1,870	1,884	1,727	1,705	1,864	1,902	1,725	1,808	1,769	1,838	1,777	1,076	1,022
Shareholder's Equity	2.2%	201	196	190	184	179	172	164	159	155	151	147	144	139	136	135	134	131	130
Retained Earnings	4.5%	88.00	84.00	79.00	73.00	68.00	62.00	55.00	49.00	45.00	41.00	38.00	35.00	31.00	28.00	26.00	26.00	24.00	24.00
Shares Outstanding	0.4%	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	-	-	-	-	-	-
Float	-	-	-	-	137	-	-	-	147	-	-	-	-	-	-	-	111	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-340.6%	-5,306	2,205	10,198	13,070	2,722	13,511	6,845	8,769	-462	5,478	4,165	3,190	3,376	1,990	6,224	6,596	-57.00	5,146	4,957	951	1,425
Share Based Compensation	-40.6%	339	571	482	558	346	471	497	474	321	174	641	84.00	383	155	525	314	280	504	347	229	172
Cashflow From Investing	215.3%	56,778	18,005	12,325	34,986	-22,055	-4,845	-81,165	-94,318	-91,645	-96,281	28,370	113,396	-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	-54,314	876	-17,338	156,939	19,451	-153,816	-39,791	176,009	-84,860	43,385	-68,369	59,240	699,681	52,708	54,540	31,697	16,066	22,293
Buy Backs	-	-	-	-	-	-	-	7.00	-	-	-	-15.67	-	-	-	-	-	-	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

CALB Income Statement

2024-03-31

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Interest income
Loans	$ 23,574	$ 22,472
Federal funds sold	2,334	1,760
Investment securities	1,474	1,307
Total interest income	27,382	25,539
Interest expense
Deposits	9,096	6,022
Borrowings and subordinated debt	571	760
Total interest expense	9,667	6,782
Net interest income	17,715	18,757
Provision for credit losses	126	358
Net interest income after provision for credit losses	17,589	18,399
Non-interest income
Service charges and other fees	1,379	863
Other	326	244
Total non-interest income	1,705	1,107
Non-interest expense
Salaries and benefits	8,852	7,876
Premises and equipment	1,452	1,180
Merger related expenses	1,024	0
Professional fees	443	450
Data processing	432	608
Other	1,501	1,729
Total non-interest expense	13,704	11,843
Income before provision for income taxes	5,590	7,663
Provision for income taxes	1,773	2,212
Net income	$ 3,817	$ 5,451
Earnings per common share
Basic	$ 0.45	$ 0.65
Diluted	$ 0.45	$ 0.64
Average common shares outstanding	8,413,735	8,339,080
Average common and equivalent shares outstanding	8,566,712	8,492,067

About California Bancorp

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	Mr. Steven E. Shelton
WEBSITE	californiabankofcommerce.com
INDUSTRY	Banks Diversified
EMPLOYEES	157

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 Thu May 16 2024, market cap of California Bancorp is 186.42 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 Thu May 16 2024, CALB's PE ratio (Price to Earnings) is 9.32 and Price to Sales (PS) ratio is 1.68. 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.