California BanCorp \ CABCAL

NasdaqFinanceNational Commercial Banks
Price (close)
$21.64
Market cap
$695.7M
P/E
11.6x
Revenue (TTM)
$180.2M
Net income
$60.2M
Dividend yield
1.94%
1-year total return
29.8%
Net margin
33.4%
Revenue growth
4.3%
Debt / equity
0.06x

What California BanCorp \ CA does.

California BanCorp is a California corporation incorporated on October 2, 2019 and is registered with the Board of Governors of the Federal Reserve System as a bank holding company for California Bank of Commerce, N.A. under the Bank Holding Company Act of 1956, as amended. On May 15, 2020, the Company completed a reorganization whereby the Bank became a wholly-owned subsidiary of the Company. California Bank of Commerce, N.A. began business operations in December 2001 under the name Ramona National Bank. The Bank changed its name to First Business Bank, N.A. in 2006, to Bank of Southern California, N.A. in 2010, and to California Bank of Commerce, N.A. on July 31, 2024. The Bank has a wholly-owned subsidiary, BCAL OREO1, LLC, which was incorporated on February 14, 2024. BCAL OREO1, LLC is used for holding other real estate owned and other assets acquired by foreclosure. The Bank operates under a federal charter and its primary regulator is the Office of the Comptroller of the Currency (“OCC”). The words “we,” “us,” “our,” or the “Company” refer to California BanCorp and California Bank of Commerce, N.A. collectively and on a consolidated basis. References herein to “California BanCorp,” or the “holding company” refer to California BanCorp on a stand-alone basis. References to the “Bank” refer to California Bank of Commerce, N.A.

Revenue and profit, by fiscal year.

Fiscal year20212022202320242025
Revenue—$91.5M$97.5M$127.7M$180.2M
Net income—$16.1M$25.9M$5.4M$63.1M
Free cash flow—$12.3M$32.8M$49.7M$56.9M

More on BCAL.

Figures from California BanCorp \ CA's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.