Southern California Bancorp (NASDAQ:BCAL – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.08, Zacks reports. Southern California Bancorp had a return on equity of 8.97% and a net margin of 2.94%.
Southern California Bancorp Price Performance
Shares of Southern California Bancorp stock opened at $16.30 on Friday. The company has a market cap of $524.37 million, a PE ratio of 85.79 and a beta of 1.12. The firm has a fifty day moving average price of $16.58 and a two-hundred day moving average price of $15.47. Southern California Bancorp has a fifty-two week low of $12.30 and a fifty-two week high of $18.49.
Analysts Set New Price Targets
Separately, DA Davidson lowered 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.
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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