Southern California Bancorp (NASDAQ:BCAL - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.08, Zacks reports. Southern California Bancorp had a positive return on equity of 5.71% and a negative net margin of 4.51%.
Southern California Bancorp Stock Performance
Shares of NASDAQ:BCAL traded up $0.03 during mid-day trading on Thursday, hitting $16.30. The stock had a trading volume of 165,940 shares, compared to its average volume of 67,728. Southern California Bancorp has a 12-month low of $12.30 and a 12-month high of $18.49. The company has a market cap of $524.37 million, a PE ratio of -203.75 and a beta of 1.12. The company's 50 day moving average is $16.58 and its 200-day moving average is $15.47.
Wall Street Analyst Weigh In
Separately, DA Davidson reduced their price objective on shares of Southern California Bancorp from $22.00 to $20.00 and set a "buy" rating for the company in a research report on Thursday.
Read Our Latest Report on Southern California Bancorp
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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