Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
07 February 2018Next earnings report:
26 July 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | Wed, 03 Jul 2024 13:30:00 GMTDividend
Analysts recommendations
Institutional Ownership
CALB Latest News
NEW YORK , June 7, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating California BanCorp (NASDAQ: CALB ), relating to its proposed merger with Southern California Bancorp.
California Bank of Commerce (CALB) reported quarterly earnings of $0.57 per share, surpassing the Zacks Consensus Estimate of $0.55 per share. This is lower than the earnings of $0.64 per share reported in the same quarter last year.
California Bank of Commerce (CALB) came out with quarterly earnings of $0.63 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.91 per share a year ago.
California Bank of Commerce (CALB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
What type of business is 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 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 a full-service branch in California located in Contra Costa County, California; and 4 loan production offices in Alameda, Contra Costa, Sacramento, and Santa Clara. California BanCorp was incorporated in 2007 and is headquartered in Oakland, California.
What sector is California BanCorp in?
California BanCorp is in the Financial Services sector
What industry is California BanCorp in?
California BanCorp is in the Banks - Regional industry
What country is California BanCorp from?
California BanCorp is headquartered in United States
When did California BanCorp go public?
California BanCorp initial public offering (IPO) was on 07 February 2018
What is California BanCorp website?
https://www.californiabankofcommerce.com
Is California BanCorp in the S&P 500?
No, California BanCorp is not included in the S&P 500 index
Is California BanCorp in the NASDAQ 100?
No, California BanCorp is not included in the NASDAQ 100 index
Is California BanCorp in the Dow Jones?
No, California BanCorp is not included in the Dow Jones index
When does California BanCorp report earnings?
The next expected earnings date for California BanCorp is 26 July 2024