California BanCorp (BCAL)
NASDAQ:BCAL
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California BanCorp
(NASDAQ:BCAL)
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Rating:65Neutral
Price Target:
$20.00
▲(1.11% Upside)
Action:DowngradedDate:05/05/26
The score is primarily held back by the latest period’s weak cash flow quality (operating/free cash flow reported at zero) despite improved profitability and a conservatively levered balance sheet. Technicals are mildly constructive, valuation looks reasonable at a ~10.5 P/E, and recent events are mixed with a clear credit-risk win but weaker quarterly earnings and higher nonperforming assets.
Positive Factors
Conservative Balance Sheet
Leverage has materially declined (D/E ~0.12 in 2025) while equity and ROE rose, creating a conservatively capitalized profile. That structural strength supports loss absorption, regulatory flexibility, and capacity for measured loan growth or capital returns over the next several quarters.
Negative Factors
Poor Cash Flow Quality
Despite reported profitability, operating and free cash flow at zero in 2025 severs the historical cash-to-earnings link. This durable red flag questions earnings convertibility, limits internal funding for dividends or buybacks, and raises reliance on noncash items or balance-sheet maneuvers.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Leverage has materially declined (D/E ~0.12 in 2025) while equity and ROE rose, creating a conservatively capitalized profile. That structural strength supports loss absorption, regulatory flexibility, and capacity for measured loan growth or capital returns over the next several quarters.
Read all positive factors
California BanCorp (BCAL) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$599.00M
Dividend YieldN/A
Average Volume (3M)154.65K
Price to Earnings (P/E)10.5
Beta (1Y)0.91
Revenue Growth12.65%
EPS Growth305.40%
CountryUS
Employees290
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)1.94
Shares Outstanding32,152,298
10 Day Avg. Volume121,382
30 Day Avg. Volume154,649
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)1.06
Price to Sales (P/S)2.62
P/FCF Ratio10.74
Enterprise Value/Market Cap1.00
Enterprise Value/Revenue2.56
Enterprise Value/Gross Profit3.22
Enterprise Value/Ebitda6.46
Forecast
1Y Price Target
$21.67Price Target Upside9.54% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)1.65
Revenue Forecast (FY)$181.74M
California BanCorp Business Overview & Revenue Model
Company Description
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 a...
How the Company Makes Money
California BanCorp makes money primarily through its banking subsidiary by (1) earning net interest income and (2) generating noninterest income. Net interest income is the largest driver for most commercial banks and comes from the spread between...
California BanCorp Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
84
Very Positive
Cash Flow
38
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 233.00M | 184.58M | 126.90M | 98.02M | 71.56M |
| Gross Profit | 184.93M | 106.07M | 96.60M | 86.27M | 67.00M |
| EBITDA | 87.96M | 11.90M | 38.77M | 23.98M | 15.91M |
| Net Income | 63.06M | 5.43M | 25.91M | 16.11M | 10.71M |
Balance Sheet | |||||
| Total Assets | 4.03B | 4.03B | 2.36B | 2.28B | 2.27B |
| Cash, Cash Equivalents and Short-Term Investments | 286.90M | 202.47M | 163.04M | 172.88M | 78.00M |
| Total Debt | 71.70M | 88.03M | 114.98M | 78.83M | 29.41M |
| Total Liabilities | 3.46B | 3.52B | 2.07B | 2.02B | 2.02B |
| Stockholders Equity | 576.59M | 511.84M | 288.15M | 260.36M | 246.53M |
Cash Flow | |||||
| Free Cash Flow | 56.94M | 49.74M | 32.80M | 12.27M | 17.90M |
| Operating Cash Flow | 57.29M | 50.29M | 33.10M | 13.35M | 19.65M |
| Investing Cash Flow | 29.75M | 524.65M | -78.93M | -512.70M | 8.52M |
| Financing Cash Flow | -75.29M | -273.58M | 45.86M | 6.10M | 301.01M |
California BanCorp Technical Analysis
Positive
19.78
Price Trends
18.14
Positive
18.49
Positive
17.59
Positive
Market Momentum
0.19
Negative
65.92
Neutral
78.31
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BCAL, the sentiment is Positive. The current price of 19.78 is above the 20-day moving average (MA) of 17.98, above the 50-day MA of 18.14, and above the 200-day MA of 17.59, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 65.92 is Neutral, neither overbought nor oversold. The STOCH value of 78.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BCAL.
California BanCorp Risk Analysis
California BanCorp disclosed 40 risk factors in its most recent earnings report. California BanCorp reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
California BanCorp Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $828.15M | 9.08 | 10.62% | 4.95% | 7.00% | 12.59% | |
72 Outperform | $667.71M | 7.42 | 12.72% | 3.89% | 41.30% | ― | |
71 Outperform | $644.93M | 9.14 | 10.76% | 2.66% | 4.05% | 26.62% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | $599.00M | 10.50 | 10.59% | ― | 12.65% | 305.40% | |
62 Neutral | $594.65M | 12.64 | 9.79% | 7.17% | 25.31% | ― |
* Financial Sector Average
BCAL
California BanCorp
18.63
4.00
27.36%
FMNB
Farmers National Banc Oh
13.96
1.25
9.83%
FISI
Financial Institutions
33.92
8.89
35.50%
SHBI
Shore Bancshares
19.28
5.16
36.54%
WASH
Washington Bancorp
31.23
5.01
19.10%
California BanCorp Corporate Events
Business Operations and StrategyFinancial Disclosures
California BanCorp Resolves Nonaccrual Loans, Reduces Credit Risk
Positive
May 5, 2026
On April 28, 2026, California BanCorp reported that the borrower on two nonaccrual loans, secured by a 123-acre event venue property in the Los Angeles area, was pursuing a cash sale of the underlying collateral. The company later confirmed that t...
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
California BanCorp Posts Lower Q1 Earnings After Merger Expansion
Negative
Apr 28, 2026
Following its merger-driven expansion, California BanCorp reported net income of $13.8 million, or $0.42 per diluted share, for the first quarter of 2026, down from both the fourth quarter of 2025 and the prior-year period. Management highlighted ...
Dividends
California BanCorp Declares Regular Quarterly Cash Dividend
Positive
Mar 12, 2026
On March 12, 2026, California BanCorp’s board of directors declared a regular quarterly cash dividend of $0.10 per share on the company’s common stock. The dividend is scheduled to be paid on April 15, 2026, to shareholders of record a...
Business Operations and StrategyExecutive/Board Changes
California BanCorp Extends CEO David Rainer’s Employment Agreement
Positive
Feb 18, 2026
On February 13, 2026, California BanCorp and its subsidiary California Bank of Commerce, N.A. amended and restated the employment agreement with David I. Rainer, effective March 1, 2026, reaffirming his role as chairman and chief executive officer...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.