DA Davidson Has Optimistic Outlook of BCAL FY2025 Earnings

Southern California Bancorp (NASDAQ:BCAL) – Research analysts at DA Davidson upped their FY2025 earnings per share (EPS) estimates for shares of Southern California Bancorp in a note issued to investors on Thursday, December 19th. DA Davidson analyst G. Tenner now forecasts that the company will post earnings per share of $1.85 for the year, up from their prior forecast of $1.81. The consensus estimate for Southern California Bancorp’s current full-year earnings is $0.92 per share.

Southern California Bancorp Trading Up 2.0 %

Southern California Bancorp stock opened at $16.74 on Monday. Southern California Bancorp has a 52 week low of $12.30 and a 52 week high of $18.49. The stock has a market cap of $538.44 million, a P/E ratio of -209.25 and a beta of 1.04. The stock has a 50 day moving average of $16.41 and a 200-day moving average of $15.01.

Institutional Trading of Southern California Bancorp

Several institutional investors have recently added to or reduced their stakes in the stock. Fourthstone LLC grew its holdings in Southern California Bancorp by 52.3% during the 3rd quarter. Fourthstone LLC now owns 2,696,523 shares of the company’s stock worth $39,882,000 after acquiring an additional 925,904 shares in the last quarter. Banc Funds Co. LLC grew its stake in Southern California Bancorp by 288.1% in the third quarter. Banc Funds Co. LLC now owns 1,412,186 shares of the company’s stock worth $20,886,000 after purchasing an additional 1,048,281 shares in the last quarter. Endeavour Capital Advisors Inc. increased its holdings in Southern California Bancorp by 0.8% in the second quarter. Endeavour Capital Advisors Inc. now owns 1,131,513 shares of the company’s stock valued at $15,241,000 after buying an additional 8,521 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in Southern California Bancorp by 193.1% in the third quarter. The Manufacturers Life Insurance Company now owns 785,115 shares of the company’s stock valued at $11,612,000 after buying an additional 517,217 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in Southern California Bancorp by 105.9% during the third quarter. Geode Capital Management LLC now owns 542,147 shares of the company’s stock valued at $8,020,000 after buying an additional 278,874 shares in the last quarter. 55.40% of the stock is owned by institutional investors and hedge funds.

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.