California BanCorp (BCAL) Expected to Release Earnings on Tuesday

California BanCorp (NASDAQ:BCAL – Get Free Report) is projected to release its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect the company to post earnings of $0.4325 per share and revenue of $46.12 million for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Monday, October 26, 2026 at 9:30 AM ET.

California BanCorp (NASDAQ:BCAL – Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. The firm had revenue of $44.08 million during the quarter, compared to the consensus estimate of $45.07 million. California BanCorp had a return on equity of 10.44% and a net margin of 26.01%. On average, analysts expect California BanCorp to post $1.74 EPS for the current fiscal year and $1.86 EPS for the next fiscal year.

California BanCorp Stock Performance

NASDAQ:BCAL opened at $21.59 on Tuesday. The firm has a market cap of $694.12 million, a PE ratio of 11.83 and a beta of 0.91. California BanCorp has a fifty-two week low of $16.09 and a fifty-two week high of $22.41. The business has a 50 day moving average price of $21.57 and a 200-day moving average price of $20.35.

California BanCorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Monday, September 21st were paid a $0.12 dividend. The ex-dividend date of this dividend was Monday, September 21st. This is a positive change from California BanCorp’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a dividend yield of 2.2%. California BanCorp’s payout ratio is presently 26.09%.

Insider Buying and Selling at California BanCorp

In related news, Director Lester Machado sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $21.19, for a total transaction of $158,925.00. Following the completion of the transaction, the director owned 22,391 shares of the company’s stock, valued at $474,465.29. This trade represents a 25.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 8.14% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on BCAL. Zacks Research downgraded California BanCorp from a “strong-buy” rating to a “hold” rating in a report on Monday, August 24th. Raymond James Financial began coverage on shares of California BanCorp in a report on Thursday, August 20th. They set an “outperform” rating and a $25.00 target price on the stock. Stephens upped their target price on shares of California BanCorp from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of California BanCorp in a research note on Monday, September 21st. Finally, Keefe, Bruyette & Woods lifted their price target on shares of California BanCorp from $23.00 to $24.00 and gave the company an “outperform” rating in a research report on Tuesday, August 4th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.50.

Read Our Latest Research Report on BCAL

About California BanCorp

(Get Free Report)

California BanCorp is a bank holding company headquartered in California and the parent company of California Bank of Commerce. Through its banking subsidiary, the company provides relationship-based financial services primarily to businesses, professional practices, nonprofit organizations and individuals.

California Bank of Commerce offers commercial and business banking products, including deposit accounts, commercial real estate and business loans, lines of credit, equipment financing, treasury management and cash-management services.

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Earnings History for California BanCorp (NASDAQ:BCAL)

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