Southern California Bancorp (NASDAQ:BCAL – Free Report) – Investment analysts at DA Davidson upped their Q1 2024 earnings per share (EPS) estimates for Southern California Bancorp in a research note issued to investors on Wednesday, May 1st. DA Davidson analyst G. Tenner now forecasts that the company will post earnings per share of $0.29 for the quarter, up from their prior estimate of $0.28. The consensus estimate for Southern California Bancorp’s current full-year earnings is $1.41 per share. DA Davidson also issued estimates for Southern California Bancorp’s FY2024 earnings at $1.07 EPS and FY2025 earnings at $1.96 EPS.
Southern California Bancorp (NASDAQ:BCAL – Get Free Report) last released its quarterly earnings results on Friday, March 15th. The company reported $0.24 EPS for the quarter. The firm had revenue of $22.46 million for the quarter. Southern California Bancorp had a net margin of 20.42% and a return on equity of 9.35%.
Southern California Bancorp Trading Up 2.1 %
Institutional Investors Weigh In On Southern California Bancorp
Hedge funds and other institutional investors have recently bought and sold shares of the business. Hennessy Advisors Inc. bought a new stake in shares of Southern California Bancorp during the first quarter worth $1,700,000. Eclectic Associates Inc. ADV acquired a new position in Southern California Bancorp during the 3rd quarter worth about $1,015,000. Mendon Capital Advisors Corp bought a new stake in Southern California Bancorp during the 4th quarter worth about $375,000. Finally, Mesirow Financial Investment Management Inc. acquired a new stake in Southern California Bancorp in the 1st quarter valued at about $159,000. 55.40% of the stock is owned by institutional investors and hedge funds.
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.
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