California BanCorp (NASDAQ:BCAL – Get Free Report) announced a quarterly dividend on Wednesday, May 27th. Investors of record on Tuesday, June 23rd will be given a dividend of 0.10 per share on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, June 23rd.
California BanCorp Stock Performance
Shares of NASDAQ BCAL opened at $19.74 on Friday. California BanCorp has a 52-week low of $14.30 and a 52-week high of $20.47. The firm has a 50 day moving average price of $18.96 and a two-hundred day moving average price of $18.71. The stock has a market cap of $635.04 million, a P/E ratio of 10.79 and a beta of 0.99.
California BanCorp (NASDAQ:BCAL – Get Free Report) last released its quarterly earnings results on Friday, May 8th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.01. The firm had revenue of $44.22 million during the quarter. California BanCorp had a net margin of 25.68% and a return on equity of 10.59%. Analysts predict that California BanCorp will post 1.68 earnings per share for the current fiscal year.
About California BanCorp
California BanCorp (NASDAQ:BCAL) is a bank holding company headquartered in California. Founded to address the diverse financial needs of businesses and individuals across the state, the company focuses on community-oriented banking solutions and operates under a locally based decision-making model.
Through its wholly owned banking subsidiary, California BanCorp offers a suite of deposit products including checking, savings, money market and certificate of deposit accounts. Its lending portfolio encompasses commercial and industrial loans, real estate and construction financing, as well as consumer lending products such as personal loans and home equity lines of credit.
In addition to core deposit and lending services, the company provides treasury and cash management services, online and mobile banking platforms, and merchant payment solutions designed to streamline operations for small to mid-sized enterprises.
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