Southern California BancorpBCAL
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
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]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Keefe, Bruyette & Woods | 30%upside $19 | Outperform Maintained | 2 Aug 2024 |