California BanCorp

$ 25.09 1.05 %

California BanCorp serves as the holding company for California Bank of Commerce, offering a full range of commercial banking solutions solely within the state of California. The institution secures deposits through a variety of offerings, such as commercial checking, savings, money market accounts, and certificates of deposit. Its comprehensive lending services include asset-backed financing, standby letters of credit, and real estate loans, encompassing commercial properties, construction, and development projects. The bank is also a provider of Small Business Administration (SBA) loans, specifically the 7(a) and 504 programs. Furthermore, it extends consumer credit, like secured and unsecured installment loans and revolving lines of credit, alongside robust commercial and industrial (C&I) financing. This C&I portfolio covers term loans, working capital, accounts receivable, and inventory financing, with specialized business loans catered to industries such as dental and veterinary practices, contractors, and nascent companies. Beyond core banking, California BanCorp provides foreign exchange services, treasury and cash management, and convenient digital banking options via online and mobile platforms. The company operates a main branch in Contra Costa County, California, augmented by four loan production offices located in Alameda, Contra Costa, Sacramento, and Santa Clara counties. California BanCorp was founded in 2007 and its main offices are situated in Oakland, California.

CEO: Steven E. Shelton - https://www.californiabankofcommerce.com

Price objectif

$26 3.63 %

Recommandation

Buy

DCF

$ 0.00

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CALB vs S&P500

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Quick ratio

0.22

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

24.36

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

1.03

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

11.73 %

reflects reasonable profitability, showing good use of equity.

ROIC

7.35 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

-

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.71

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

3.35

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

0.00 %

the dividend payout ratio is the measure of dividends paid out to shareholders relative to the company's net income.

Earnings per share

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Financials

Piotroski score
5 indicates moderate financial health
Altman score
-0.05 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.03 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.07 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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