Financials California BanCorp

Equities

CALB

US13005U1016

Banks

Market Closed - Nasdaq Other stock markets 01:30:00 11/05/2024 am IST			5-day change	1st Jan Change
21.62 ^USD	-1.19%		-0.71%	-12.68%

06/05	Keefe, Bruyette & Woods Trims Price Target on California BanCorp to $23 From $23.50, Maintains Outperform Rating	MT
29/04	Earnings Flash (CALB) CALIFORNIA BANCORP Posts Q1 Revenue $19.4M	MT

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	161.5	126.8	175.2	198.1	207.9	181.9	-
Enterprise Value (EV) ¹	161.5	126.8	175.2	198.1	207.9	181.9	181.9
P/E ratio	23.3 x	29.4 x	13.2 x	9.47 x	9.67 x	10.6 x	10.5 x
Yield	-	-	-	-	-	-	-
Capitalization / Revenue	3.57 x	2.59 x	2.97 x	2.53 x	2.62 x	2.31 x	2.23 x
EV / Revenue	3.57 x	2.59 x	2.97 x	2.53 x	2.62 x	2.31 x	2.23 x
EV / EBITDA	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Price to Book	1.24 x	0.93 x	1.16 x	1.15 x	1.06 x	0.85 x	0.79 x
Nbr of stocks (in thousands)	8,074	8,150	8,251	8,329	8,395	8,413	-
Reference price ²	20.00	15.56	21.23	23.78	24.76	21.62	21.62
Announcement Date	05/02/20	29/01/21	27/01/22	26/01/23	30/01/24	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	45.19	48.93	58.9	78.35	79.43	78.73	81.63
EBITDA	-	-	-	-	-	-	-
EBIT ¹	11.96	11.12	18.47	33.68	31.92	28.5	27.5
Operating Margin	26.48%	22.73%	31.35%	42.99%	40.18%	36.2%	33.69%
Earnings before Tax (EBT) ¹	9.637	6.24	18.46	29.91	30.62	25.9	25.5
Net income ¹	7.001	4.303	13.37	21.11	21.63	17.53	17.77
Net margin	15.49%	8.79%	22.69%	26.94%	27.24%	22.27%	21.76%
EPS ²	0.8600	0.5300	1.610	2.510	2.560	2.043	2.063
Free Cash Flow	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-
Announcement Date	05/02/20	29/01/21	27/01/22	26/01/23	30/01/24	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1
Net sales ¹	15.14	14.96	17.06	17.62	19.85	23.82	19.86	19.78	19.87	19.91	19.42	19.44	19.81	20.08	19.9
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	4.63	4.952	6.144	6.798	8.63	12.11	8.021	8.178	8.021	7.695	5.716	6.9	7.2	7.3	6.8
Operating Margin	30.58%	33.1%	36.01%	38.59%	43.48%	50.83%	40.38%	41.34%	40.36%	38.64%	29.43%	35.49%	36.35%	36.35%	34.17%
Earnings before Tax (EBT) ¹	4.33	4.448	5.194	5.873	7.83	11.01	7.663	7.734	7.707	7.514	5.59	6.479	6.493	6.566	5.8
Net income ¹	3.216	3.181	3.673	4.244	5.522	7.669	5.451	5.44	5.401	5.341	3.817	4.522	4.581	4.636	4.2
Net margin	21.24%	21.26%	21.53%	24.09%	27.82%	32.19%	27.44%	27.5%	27.18%	26.82%	19.65%	23.26%	23.13%	23.08%	21.11%
EPS ²	0.3900	0.3800	0.4400	0.5100	0.6600	0.9100	0.6400	0.6500	0.6400	0.6300	0.4500	0.5267	0.5333	0.5367	0.4867
Dividend per Share	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	28/10/21	27/01/22	28/04/22	28/07/22	27/10/22	26/01/23	26/04/23	27/07/23	26/10/23	30/01/24	29/04/24	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	5.57%	3.23%	9.27%	13.1%	11.6%	8.83%	8.03%
ROA (Net income/ Total Assets)	0.66%	0.25%	0.68%	1.08%	1.09%	0.92%	0.87%
Assets ¹	1,061	1,721	1,966	1,954	1,985	1,906	2,042
Book Value Per Share ²	16.10	16.70	18.30	20.70	23.40	25.40	27.40
Cash Flow per Share	-	-	-	-	-	-	-
Capex	-	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-	-
Announcement Date	05/02/20	29/01/21	27/01/22	26/01/23	30/01/24	-	-

¹USD in Million²USD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for California BanCorp

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

21.62 USD

Average target price

26.67 USD

Spread / Average Target

+23.34%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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