Southern California Bancorp
BCAL

$14.67

0.74%

Market Cap: $471M

About: California BanCorp is a registered bank holding company headquartered in San Diego, California. The Bank offers a range of financial products and services to individuals, professionals, and small to medium-sized businesses through its 14 branch offices and four loan production offices serving Northern and Southern California. The Bank's solutions-driven, relationship-based approach to banking provides accessibility to decision-makers and enhances value through strong partnerships with its clients.

Employees: 204

Financials National Commercial Banks

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

143% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 7

85% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 13

23% more funds holding

Funds holding: 48 [Q1] → 59 (+11) [Q2]

4.83% more ownership

Funds ownership: 55.67% [Q1] → 60.49% (+4.83%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]

1% less capital invested

Capital invested by funds: $152M [Q1] → $151M (-$976K) [Q2]

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Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$19

30%

upside

Avg. target

$19

30%

upside

High target

$19

30%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Keefe, Bruyette & Woods

30%upside

$19

Outperform

Maintained

2 Aug 2024

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Financial journalist opinion

SOUTHERN CALIFORNIA BANCORP AND CALIFORNIA BANCORP COMPLETE MERGER OF EQUALS

San Diego, Calif. and Oakland, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Southern California Bancorp (NASDAQ: BCAL), the holding company for Bank of Southern California, N.A., and California BanCorp, the holding company for California Bank of Commerce, announce the successful closing of their previously announced merger of equals. Effective July 31, 2024, California BanCorp has merged with and into Southern California Bancorp, and California Bank of Commerce has merged with and into Bank of Southern California, N.A. The combined holding company has assumed the California BanCorp name, and the combined bank has assumed the California Bank of Commerce, N.A. name. The combined holding company will trade on the Nasdaq Capital Market under the symbol “BCAL.”

SOUTHERN CALIFORNIA BANCORP AND CALIFORNIA BANCORP COMPLETE MERGER OF EQUALS

3 Regional Banking Stocks to Sell as Big Banks Grow

Over the last 50 years, the banking industry in the United States has undergone a significant number of changes that have left it more centralized than ever. It has also left them reliant on big banks in the Federal Reserve for most people's active financial management.

3 Regional Banking Stocks to Sell as Big Banks Grow

URGENT SHAREHOLDER REMINDER: The M&A Class Action Investigates the Merger and Upcoming Vote on July 17, 2024, of Southern California Bancorp - BCAL

NEW YORK , July 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Southern California Bancorp (NASDAQ: BCAL), relating to its proposed merger with California BanCorp. Under the terms of the agreement, Southern California Bancorp shareholders will own approximately 57.1% of outstanding shares of the combined company.

URGENT SHAREHOLDER REMINDER: The M&A Class Action Investigates the Merger and Upcoming Vote on July 17, 2024, of Southern California Bancorp - BCAL

Bank of Southern California Announces the Hiring of Three Seasoned Commercial Lenders

San Diego, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- Bank of Southern California, N.A. (“us,” “we,” “our,” or the “Bank”), the wholly owned subsidiary of Southern California Bancorp (Nasdaq: BCAL), announces it has hired a team of three seasoned commercial lenders. The team includes Ayub Kathrada, named Executive Vice President, Regional Manager; Dayana McAlister, named Senior Vice President, Relationship Manager Team Lead; and Ayaz Dadabhoy, named First Vice President, Portfolio Manager. The team will service the greater Los Angeles region out of the Bank's Cerritos office and report to Executive Vice President Sam Kunianski.

Bank of Southern California Announces the Hiring of Three Seasoned Commercial Lenders

3 Russell 2000 Stocks to Sell in July Before They Crash & Burn

One of many stock market indexes used to measure performance, the Russell 2000 is composed of 2,000 small-cap companies that make up the bottom two-thirds of the Russell 3000 index. The reason is that the top 1,000 stocks in the Russell 3000 make up 93% of the index's market cap, so focusing on the lower 2,000 allows analysts and investors to judge the movement of the small-cap market more accurately.

3 Russell 2000 Stocks to Sell in July Before They Crash & Burn

URGENT SHAREHOLDER ALERT: The M&A Class Action Investigates the Merger and Upcoming Vote on July 17, 2024, of Southern California Bancorp - BCAL

NEW YORK , June 7, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Southern California Bancorp (NASDAQ: BCAL), relating to its proposed merger with California BanCorp. Under the terms of the agreement, Southern California Bancorp shareholders will own approximately 57.1% of outstanding shares of the combined company.

URGENT SHAREHOLDER ALERT: The M&A Class Action Investigates the Merger and Upcoming Vote on July 17, 2024, of Southern California Bancorp - BCAL

CALIFORNIA BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of California BanCorp - CALB

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of California BanCorp (the “Company”) (NasdaqGS: CALB) to Southern California Bancorp (“SCB”) (NasdaqCM: BCAL). Under the terms of the proposed transaction, shareholders of California BanCorp will receive 1.590 shares of SCB for each share of California BanCorp that they own. KSF is seeking to determine whether t.

CALIFORNIA BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of California BanCorp - CALB

CALIFORNIA BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of California BanCorp - CALB

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of California BanCorp (the “Company”) (NasdaqGS: CALB) to Southern California Bancorp (“SCB”) (NasdaqCM: BCAL). Under the terms of the proposed transaction, shareholders of California BanCorp will receive 1.590 shares of SCB for each share of California BanCorp that they own. KSF is seeking to determine whether t.

CALIFORNIA BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of California BanCorp - CALB

BCAL Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Southern California Bancorp Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Southern California Bancorp (NASDAQ: BCAL) and California BanCorp is fair to Southern California shareholders. Upon completion of the proposed transaction, Southern California shareholders will own approximately 57.1% of the outstanding shares of the combined company. Halper Sadeh encourages Southern California shareholders to click here to learn more about their legal rights and opt.

BCAL Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Southern California Bancorp Is Fair to Shareholders

SOUTHERN CALIFORNIA BANCORP REPORTS NET INCOME OF $4.4 MILLION FOR THE FOURTH QUARTER AND $25.9 MILLION FOR THE FULL YEAR OF 2023

— The Company Also Announced in a Separate Release that it has Entered into a Merger Agreement with California BanCorp

SOUTHERN CALIFORNIA BANCORP REPORTS NET INCOME OF $4.4 MILLION FOR THE FOURTH QUARTER AND $25.9 MILLION FOR THE FULL YEAR OF 2023

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