Southern California Bancorp (NASDAQ:BCAL - Free Report) - Research analysts at DA Davidson issued their Q4 2024 EPS estimates for shares of Southern California Bancorp in a report released on Wednesday, October 30th. DA Davidson analyst G. Tenner expects that the company will post earnings of $0.45 per share for the quarter. The consensus estimate for Southern California Bancorp's current full-year earnings is $1.03 per share. DA Davidson also issued estimates for Southern California Bancorp's FY2025 earnings at $1.81 EPS.
Southern California Bancorp (NASDAQ:BCAL - Get Free Report) last released its earnings results on Monday, August 12th. The company reported $0.03 EPS for the quarter. The company had revenue of $22.18 million for the quarter. Southern California Bancorp had a return on equity of 5.92% and a net margin of 12.34%.
Separately, Keefe, Bruyette & Woods cut their price objective on Southern California Bancorp from $23.00 to $19.00 and set an "outperform" rating for the company in a report on Friday, August 2nd.
Check Out Our Latest Research Report on BCAL
Southern California Bancorp Stock Up 0.5 %
Southern California Bancorp stock traded up $0.07 during midday trading on Thursday, reaching $14.58. The stock had a trading volume of 185,144 shares, compared to its average volume of 61,731. Southern California Bancorp has a 12 month low of $12.30 and a 12 month high of $18.00. The firm's 50-day moving average price is $14.49 and its 200 day moving average price is $14.20. The firm has a market capitalization of $270.42 million, a PE ratio of -182.25 and a beta of 0.74.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC bought a new stake in Southern California Bancorp during the 3rd quarter valued at $123,000. Rhumbline Advisers purchased a new stake in Southern California Bancorp during the 2nd quarter valued at about $166,000. Pacific Ridge Capital Partners LLC purchased a new stake in Southern California Bancorp during the 2nd quarter valued at about $359,000. ELCO Management Co. LLC boosted its stake in shares of Southern California Bancorp by 25.2% in the second quarter. ELCO Management Co. LLC now owns 26,748 shares of the company's stock worth $360,000 after buying an additional 5,380 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in Southern California Bancorp during the second quarter worth approximately $461,000. Institutional investors own 55.40% of the company's stock.
Insiders Place Their Bets
In other news, Director Lester Machado sold 10,000 shares of the stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $14.37, for a total value of $143,700.00. Following the sale, the director now directly owns 15,437 shares of the company's stock, valued at approximately $221,829.69. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 19.64% of the stock is owned by corporate insiders.
Southern California Bancorp Company Profile
(
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Southern California Bancorp operates as the holding company for Bank of Southern California, N.A. that provides various financial products to individuals, professionals, and small-to medium-sized businesses. The company offers checking, personal and business savings, and money market accounts, as well as certificates of deposit.
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