FY2025 Earnings Forecast for BCAL Issued By DA Davidson

Southern California Bancorp (NASDAQ:BCAL - Free Report) - Research analysts at DA Davidson cut their FY2025 earnings per share estimates for Southern California Bancorp in a research report issued to clients and investors on Thursday, January 30th. DA Davidson analyst G. Tenner now anticipates that the company will post earnings per share of $1.81 for the year, down from their previous forecast of $1.85. DA Davidson currently has a "Buy" rating and a $20.00 target price on the stock. The consensus estimate for Southern California Bancorp's current full-year earnings is $1.81 per share.

Southern California Bancorp (NASDAQ:BCAL - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.08. Southern California Bancorp had a return on equity of 8.97% and a net margin of 2.94%.

Southern California Bancorp Price Performance

Shares of BCAL stock traded up $0.15 during trading hours on Monday, hitting $16.10. The stock had a trading volume of 41,748 shares, compared to its average volume of 67,344. The stock has a market capitalization of $517.94 million, a price-to-earnings ratio of 84.74 and a beta of 1.11. Southern California Bancorp has a one year low of $12.30 and a one year high of $18.49. The stock's 50-day moving average price is $16.42 and its two-hundred day moving average price is $15.52.

Institutional Investors Weigh In On Southern California Bancorp

Large investors have recently bought and sold shares of the business. Barclays PLC raised its position in shares of Southern California Bancorp by 177.3% during the 3rd quarter. Barclays PLC now owns 36,756 shares of the company's stock valued at $544,000 after buying an additional 23,499 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Southern California Bancorp by 99.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 66,012 shares of the company's stock valued at $976,000 after purchasing an additional 32,848 shares during the last quarter. Petiole USA ltd increased its position in shares of Southern California Bancorp by 130.1% during the 3rd quarter. Petiole USA ltd now owns 195,604 shares of the company's stock valued at $2,893,000 after purchasing an additional 110,604 shares during the last quarter. MAI Capital Management purchased a new stake in Southern California Bancorp during the 3rd quarter valued at $801,000. Finally, JPMorgan Chase & Co. lifted its position in Southern California Bancorp by 417.3% in the third quarter. JPMorgan Chase & Co. now owns 26,508 shares of the company's stock worth $392,000 after buying an additional 21,384 shares during the last quarter. Institutional investors own 55.40% of the company's stock.

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.