Southern California Bancorp (BCAL) AI Stock Analysis

• Market Cap: $480.23M
• Dividend Yield: N/A
• Average Volume (3M): 99.38K
• Price to Earnings (P/E): 80.5
• Beta (1Y): 0.60
• Revenue Growth: 41.92%
• EPS Growth: -85.66%
• Country: US
• Employees: 204
• Sector: Financial
• Sector Strength: 77
• Industry: Banking
• EPS (TTM): 0.19
• Shares Outstanding: 32,165,188
• 10 Day Avg. Volume: 105,592
• 30 Day Avg. Volume: 99,376
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 6.13
• Price to Cash Flow (P/CF): 6.60
• P/FCF Ratio: 3.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $20.50
• Price Target Upside: 36.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Southern California Bancorp's overall score is driven by its mixed financial performance, with strong revenue growth overshadowed by significant profitability and cash flow challenges. The technical analysis points to a bearish trend, and valuation metrics suggest overvaluation concerns due to negative earnings. These factors contribute to a cautious outlook on the stock's performance.

Southern California Bancorp Business Overview & Revenue Model

Company Description

Bank of Southern California, NA operates as a nationally chartered commercial bank. It offers a variety of financial products, such as checking, VIP Checking, savings, money market, certificate of deposits, cash management, online, mobile and personal banking and loans and financing for business. Its financial solutions include lines of credit, term, express business, commercial real estate and construction and SBA loans, letters of credit, credit cards and home equity lines of credit. The company was founded in December 2001 and is headquartered in San Diego, CA.

How the Company Makes Money

Southern California Bancorp generates revenue through traditional banking operations, primarily by offering loan products and earning interest income. The company's key revenue streams include interest income from loans, which is the difference between the interest earned on loans and the interest paid on deposits. Additionally, the bank earns non-interest income from service charges on deposit accounts, fees associated with loan origination, and various other financial services. Significant factors contributing to its earnings include the bank's ability to attract deposits and manage interest rate risk effectively, as well as its strategic focus on building strong relationships with local businesses and professionals in the Southern California region.

Southern California Bancorp Financial Statement Overview

Summary

Southern California Bancorp shows a mixed financial picture. While revenue growth has been strong, profitability and cash flow metrics indicate operational struggles. The balance sheet remains relatively stable but with warning signs in terms of equity ratios and returns. The company needs to address its cost management and cash flow issues to improve its financial health and stakeholder returns.

Income Statement

The company has demonstrated substantial revenue growth over the years, with a notable increase from 2019 to the TTM period. However, profitability has been volatile, with negative net income and EBIT margins in the latest TTM period, reflecting operational challenges. Gross profit margin remains strong, but the negative net profit margin indicates significant issues in managing costs or debt levels.

Balance Sheet

Southern California Bancorp has a moderate debt-to-equity ratio, indicating a balanced approach to leveraging. However, the equity ratio has declined over time, suggesting increased reliance on liabilities. Return on equity has been inconsistent, with negative results in the TTM period, indicating potential risk in shareholder returns.

Cash Flow

The cash flow statement reveals challenges in maintaining positive free cash flow, with significant drops in recent periods. The operating cash flow to net income ratio is negative in the TTM, highlighting inefficiencies in converting income into cash. While there have been periods of strong free cash flow growth, recent trends are concerning.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
136.30M	126.90M	98.02M	71.56M	54.20M	39.65M
	Gross Profit
153.93M	126.90M	98.02M	71.56M	54.20M	39.65M
	EBIT
-41.49M	38.77M	1.81M	0.00	1.25M	1.11M
	EBITDA
-21.84M	38.77M	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
-6.93M	25.91M	16.11M	10.71M	4.72M	6.77M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
-28.73M	163.04M	-60.30M	-22.43M	-11.95M	-9.90M
	Total Assets
2.30B	2.36B	2.29B	2.27B	1.58B	833.29M
	Total Debt
29.67M	114.98M	78.83M	29.41M	209.05M	35.02M
	Net Debt
58.41M	81.97M	18.53M	6.98M	197.09M	44.91M
	Total Liabilities
2.05B	2.07B	2.03B	2.02B	1.41B	712.77M
	Stockholders Equity
246.76M	288.15M	260.36M	246.53M	168.89M	120.52M
Cash Flow		Free Cash Flow
-14.10M	30.15M	19.38M	7.13M	10.59M	5.66M
	Operating Cash Flow
-14.04M	30.45M	20.46M	19.65M	12.36M	8.37M
	Investing Cash Flow
-30.63M	-76.28M	-519.80M	8.52M	-301.69M	-34.73M
	Financing Cash Flow
105.59M	45.86M	6.10M	301.01M	449.30M	50.53M

Southern California Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 15.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BCAL, the sentiment is Negative. The current price of 15.01 is below the 20-day moving average (MA) of 15.77, below the 50-day MA of 15.74, and below the 200-day MA of 15.18, indicating a bearish trend. The MACD of -0.24 indicates Positive momentum. The RSI at 34.96 is Neutral, neither overbought nor oversold. The STOCH value of 13.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BCAL.

Southern California Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CUBI	72 Outperform	$1.52B	9.80	10.44%	―	-3.61%	-29.58%
ZION	69 Neutral	$7.09B	9.68	13.15%	3.50%	7.91%	13.79%
HOPE	67 Neutral	$1.24B	12.50	4.68%	5.45%	-6.33%	-25.89%
Sector *	64 Neutral	$13.79B	10.52	9.20%	4.24%	17.25%	-7.60%
WAL	60 Neutral	$8.13B	10.39	12.32%	1.98%	13.60%	8.85%
BANC	55 Neutral	$2.31B	26.51	3.68%	2.92%	345.02%	―
BCAL	45 Neutral	$480.23M	80.52	1.36%	―	41.92%	-85.66%