Free Trial

California BanCorp Q2 2023 Earnings Report

California BanCorp EPS Results

Actual EPS
$0.65
Consensus EPS
$0.62
Beat/Miss
Beat by +$0.03
One Year Ago EPS
N/A

California BanCorp Revenue Results

Actual Revenue
$19.78 million
Expected Revenue
$20.40 million
Beat/Miss
Missed by -$620.00 thousand
YoY Revenue Growth
N/A

California BanCorp Announcement Details

Quarter
Q2 2023
Time
N/A

California BanCorp Earnings Headlines

Earnings Summary: California BanCorp Q4
These guys expect TSLA to reach $700 a share by August
Twitter lit up this morning after someone put a $4,000,000 bet on TSLA. These guys lit up the $700 strike calls for August 2025… This is odd, considering Tesla only trades for around $350 a share today… In other words, these guys are betting that Tesla’s stock will surge by 100% over the months ahead. In my opinion, that’s an incredibly risky bet. A lot can happen between now and then… Besides, there is a better way to target that same 100% return without waiting until August.
2024 California Elections
See More California BanCorp Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like California BanCorp? Sign up for Earnings360's daily newsletter to receive timely earnings updates on California BanCorp and other key companies, straight to your email.

About California BanCorp

California BanCorp (NASDAQ:CALB) operates as the bank holding company for California Bank of Commerce that provides commercial banking services to businesses and professionals 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; commercial 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 founded in 2007 and is headquartered in Oakland, California.

View California BanCorp Profile

More Earnings Resources from MarketBeat