California BanCorp (BCAL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

California BanCorp

NasdaqCM•Financial Services•Banks - Regional

$21.90+0.23(0.01%)Market closed

Market Cap

$698.75M

P/E

11.6x

P/S

3.0x

P/B

1.2x

California BanCorp operates as the bank holding company for California Bank of Commerce, N.A. that provides various financial products to individuals, professionals, and small- to medium-sized businesses in California, the United States. The company offers checking, savings, and money market accounts; and certificates of deposit. It also provides business loans, including construction and land development loans, commercial and industrial loans, small business administration loans, and consumer loans, as well as commercial real estate (CRE) loans comprising one- to four-family and multifamily residential loans, owner-occupied CRE loans, and non-owner-occupied CRE loans; lines of credit; home equity lines of credit; and letters of credit. In addition, the company offers treasury management; merchant services; escrow and sub-accounting solutions; cash vault, sweep accounts, and remote deposit capture services; online and mobile banking services; and ACH origination, courier, and lockbox processing services. It serves businesses, business owners and their trusts, limited liability corporations, business partnerships, associations, organizations, and governmental authorities, as well as the manufacturing, wholesale distribution, professional services, commercial real estate, healthcare, hospitality, commercial contractor, and non-profit organization sectors. The company was formerly known as Southern California Bancorp and changed its name to California BanCorp in August 2024. California BanCorp was founded in 2001 and is headquartered in San Diego, California.

How this company scores

GoodMetricSide Score: 72/100

Strongest: Profitability (23/25); weakest: Growth (13/25).

Profitability23/25

Growth13/25

Balance Sheet & Red Flags20/25

Cash & Earnings Quality16/25

Strengths

Strong marginsRising earningsLow leverageConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 11.6x5y range 8.6x – 74.4x

Currently near its 10-quarter median.

P/S · 3.0x5y range 1.9x – 3.0x

Currently above its 11-quarter median.

P/B · 1.2x5y range 0.8x – 1.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $698.75M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $231.44M
Q. Revenue: $56.48M
TTM EBITDA: $88.29M
TTM Op. Income: $83.14M
Q. Op. Income: $19.84M
TTM Net Income: $60.20M
Q. Net Income: $14.30M
EPS: $0.44
Shares Out.: $32.16M

$231.44M in TTM revenue declined 2.3% YoY, reaching $56.48M last quarter. TTM EBITDA of $88.29M and TTM operating income of $83.14M show growth is flowing through to the bottom line. TTM net income of $60.20M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 3 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 79.5%
EBITDA Margin: 36.6%
Op. Margin: 35.1%
Net Margin: 25.3%

Op. margin of 35.1% is up 0.9% YoY — cost efficiency is improving. Net margin at 25.3% and gross margin of 79.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 3% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 11.6x
P/S Ratio: 3.0x
P/B Ratio: 1.2x

At 11.6x P/E, the stock trades below typical market levels. P/S of 3.0x and P/B of 1.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 29% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $4.03B
Cash: $264.95M
Long-Term Debt: $34.61M
Book Value: $586.64M
D/E Ratio: 0.1
Debt/EBITDA: 1.7

With $4.03B in assets and $34.61M in long-term debt, D/E is 0.1and book value is $586.64M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 39% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $14.82M
TTM Free Cash Flow: $59.28M
FCF Margin: 25.6%
FCF / Net Income: 1.0

TTM FCF of $59.28M on $14.82M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.