FY2025 Earnings Forecast for BCAL Issued By DA Davidson

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

Southern California Bancorp Price Performance

NASDAQ:BCAL opened at $16.77 on Monday. The firm has a market capitalization of $539.41 million, a price-to-earnings ratio of -209.63 and a beta of 1.04. The business has a 50 day simple moving average of $16.46 and a 200-day simple moving average of $15.03. Southern California Bancorp has a 1 year low of $12.30 and a 1 year high of $18.49.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BCAL. Bank of New York Mellon Corp purchased a new stake in shares of Southern California Bancorp in the second quarter valued at $461,000. Rhumbline Advisers purchased a new stake in Southern California Bancorp in the 2nd quarter worth about $166,000. ELCO Management Co. LLC raised its position in Southern California Bancorp by 25.2% in the 2nd quarter. ELCO Management Co. LLC now owns 26,748 shares of the company’s stock worth $360,000 after purchasing an additional 5,380 shares during the period. Endeavour Capital Advisors Inc. lifted its stake 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 worth $15,241,000 after purchasing an additional 8,521 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in shares of Southern California Bancorp by 2.4% during the second quarter. The Manufacturers Life Insurance Company now owns 267,898 shares of the company’s stock valued at $3,609,000 after buying an additional 6,266 shares during the period. 55.40% of the stock is owned by hedge funds and other institutional investors.

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.