Financial Snapshot

Revenue
$148.8M
TTM
Gross Margin
Net Earnings
-$6.927M
TTM
Current Assets
$162.8M
Q3 2024
Current Liabilities
$3.796B
Q3 2024
Current Ratio
4.29%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$498.1M
Q3 2024
Cash
Q3 2024
P/E
-82.56
Nov 29, 2024 EST
Free Cash Flow
$17.75M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $123.4M $93.93M $68.74M
YoY Change 31.35% 36.65%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $123.4M $93.93M $68.74M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $49.54M $46.82M $42.72M
YoY Change 5.81% 9.6%
% of Gross Profit
Research & Development $4.534M $4.609M
YoY Change -1.63%
% of Gross Profit
Depreciation & Amortization $389.0K $2.000M $1.720M
YoY Change -80.55% 16.28%
% of Gross Profit
Operating Expenses $57.14M $58.69M $49.46M
YoY Change -2.64% 18.66%
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense -$29.38M -$5.790M -$3.360M
YoY Change 407.5% 72.32%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income $36.86M $21.98M $14.19M
YoY Change 67.68% 54.9%
Income Tax $10.95M $5.870M $3.480M
% Of Pretax Income 29.7% 26.71% 24.52%
Net Earnings $25.91M $16.11M $10.71M
YoY Change 60.83% 50.42%
Net Earnings / Revenue 21.0% 17.15% 15.58%
Basic Earnings Per Share $1.42 $0.90
Diluted Earnings Per Share $1.39 $0.90 $0.60

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $33.01M $60.30M $22.40M
YoY Change -45.26% 169.2%
Cash & Equivalents $33.01M $60.30M $22.40M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $52.93M $75.70M $31.70M
YoY Change -30.09% 138.8%
Property, Plant & Equipment $22.56M $22.90M $27.70M
YoY Change -1.48% -17.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $253.5M $207.5M $625.6M
YoY Change 22.16% -66.83%
Other Assets $11.14M $10.70M $5.100M
YoY Change 4.08% 109.8%
Total Long-Term Assets $2.307B $2.208B $2.228B
YoY Change 4.49% -0.9%
Total Assets $2.360B $2.284B $2.260B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $25.68M $23.90M $19.80M
YoY Change 7.44% 20.71%
Deferred Revenue
YoY Change
Short-Term Debt $1.944B $1.932B $1.973B
YoY Change 0.6% -2.09%
Long-Term Debt Due $85.00M
YoY Change
Total Short-Term Liabilities $1.969B $1.956B $1.993B
YoY Change 0.69% -1.86%
Long-Term Debt $102.9M $67.80M $20.40M
YoY Change 51.72% 232.35%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $102.9M $67.80M $20.40M
YoY Change 51.72% 232.35%
Total Liabilities $2.072B $2.024B $2.013B
YoY Change 2.4% 0.51%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding 18.25M shares 17.82M shares
Diluted Shares Outstanding 18.66M shares 18.23M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $571.9 Million

About California BanCorp \ CA

Southern California Bancorp operates as a bank holding company, which offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The company is headquartered in San Diego, California and currently employs 204 full-time employees. The company went IPO on 2005-01-20. (the Bank). 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. Its business financing includes lines of credit, capital equipment, and mergers and acquisitions-ownership transition. Its commercial real estate and construction includes owner-occupied real estate, investor real estate, equity lines and loans, and construction financing. The company provides various services, including lockbox, merchant services, and cash vault. The company also provides information reporting and liquidity management, mobile banking, online banking, commercial cards, integrated payables, cash reconciliation app, and fraud prevention. Its international banking includes import, standby, and export letters of credit.

Industry: National Commercial Banks Peers: TRUIST FINANCIAL CORP Blue Foundry Bancorp Bridgewater Bancshares Inc Capital Bancorp Inc FIRST BUSINESS FINANCIAL SERVICES, INC. FIRST OF LONG ISLAND CORP MVB FINANCIAL CORP SHORE BANCSHARES INC UNITY BANCORP INC /NJ/