Southern California Bancorp (BCAL) to Release Quarterly Earnings on Monday

Southern California Bancorp (NASDAQ:BCAL) will likely be announcing its Q1 2025 earnings results before the market opens on Monday, May 5th. Analysts expect Southern California Bancorp to post earnings of $0.38 per share and revenue of $44.86 million for the quarter.

Southern California Bancorp (NASDAQ:BCAL) last posted its quarterly earnings data on Thursday, April 24th. The company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.14. The firm had revenue of $44.82 million during the quarter, compared to analysts’ expectations of $44.86 million. Southern California Bancorp had a net margin of 2.94% and a return on equity of 8.97%.

Southern California Bancorp Price Performance

NASDAQ BCAL opened at $14.89 on Friday. The company has a market cap of $482.47 million, a P/E ratio of 78.37 and a beta of 1.19. Southern California Bancorp has a 1-year low of $11.87 and a 1-year high of $18.49. The stock has a 50-day moving average of $14.08 and a two-hundred day moving average of $15.48.

Southern California Bancorp announced that its board has authorized a share buyback program on Thursday, May 1st that permits the company to buyback 1,600,000 outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

Separately, DA Davidson dropped their target price on Southern California Bancorp from $22.00 to $20.00 and set a “buy” rating on the stock in a report on Thursday, January 30th.

About Southern California Bancorp

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.