California BanCorp

Company Profile

California BanCorp had its IPO on 2017-09-25 under the ticker symbol CALB.

The company operates in the Financial Services sector and Banks-Regional industry. California BanCorp has a staff strength of 157 employees.

Stock update

Shares of California BanCorp opened at $19.2 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $18.73 - $19.2, and closed at $18.73.

This is a -0.21% slip from the previous day's closing price.

A total volume of 1,677 shares were traded at the close of the day’s session.

In the last one week, shares of California BanCorp have slipped by -1.11%.

California BanCorp's Key Ratios

California BanCorp has a market cap of $125.37 million, indicating a price to book ratio of 1.257 and a price to sales ratio of 3.1277.

In the last 12-months California BanCorp’s revenue was $77.97 million with a gross profit of $74.57 million and an EBITDA of $0. The EBITDA ratio measures California BanCorp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, California BanCorp’s operating margin was 41.52% while its return on assets stood at 1.17% with a return of equity of 13.74%.

In Q1, California BanCorp’s quarterly earnings growth was a positive 45.5% while revenue growth was a positive 21.1%.

California BanCorp’s PE and PEG Ratio

Forward PE

0

Trailing PE

5.2817

PEG

Its diluted EPS in the last 12-months stands at $2.84 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into California BanCorp’s profitability.

California BanCorp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.1277.

California BanCorp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.05 billion

Total Liabilities

$23.70 million

Operating Cash Flow

$-22055000.00

Capital Expenditure

$26000

Dividend Payout Ratio

0%

California BanCorp ended 2024 with $2.05 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.05 billion while shareholder equity stood at $178.56 million.

California BanCorp ended 2024 with $0 in deferred long-term liabilities, $23.70 million in other current liabilities, 111609000.00 in common stock, $68.08 million in retained earnings and $0 in goodwill. Its cash balance stood at $15.12 million and cash and short-term investments were $15.12 million. The company’s total short-term debt was $0 while long-term debt stood at $129.19 million.

California BanCorp’s total current assets stands at $58.91 million while long-term investments were $153.77 million and short-term investments were $153.77 million. Its net receivables were $43.79 million compared to accounts payable of $23.70 million and inventory worth $0.

In 2024, California BanCorp's operating cash flow was $-22055000.00 while its capital expenditure stood at $26000.

Comparatively, California BanCorp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$18.73

52-Week High

$26.17

52-Week Low

$12.78

Analyst Target Price

$23

California BanCorp stock is currently trading at $18.73 per share. It touched a 52-week high of $26.17 and a 52-week low of $26.17. Analysts tracking the stock have a 12-month average target price of $23.

Its 50-day moving average was $17.92 and 200-day moving average was $19.8 The short ratio stood at 1.22 indicating a short percent outstanding of 0%.

Around 885% of the company’s stock are held by insiders while 5772.5% are held by institutions.