Equities Analysts Issue Forecasts for BCAL Q4 Earnings

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.

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

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.