JPMorgan Chase & Co. Has $392,000 Stock Holdings in Southern California Bancorp (NASDAQ:BCAL)

JPMorgan Chase & Co. lifted its stake in Southern California Bancorp (NASDAQ:BCAL) by 417.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,508 shares of the company’s stock after purchasing an additional 21,384 shares during the quarter. JPMorgan Chase & Co. owned 0.08% of Southern California Bancorp worth $392,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of BCAL. Barclays PLC boosted its holdings in shares of Southern California Bancorp by 177.3% in the third quarter. Barclays PLC now owns 36,756 shares of the company’s stock worth $544,000 after buying an additional 23,499 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Southern California Bancorp by 99.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 66,012 shares of the company’s stock valued at $976,000 after acquiring an additional 32,848 shares in the last quarter. Petiole USA ltd boosted its stake in Southern California Bancorp by 130.1% in the 3rd quarter. Petiole USA ltd now owns 195,604 shares of the company’s stock worth $2,893,000 after purchasing an additional 110,604 shares during the period. MAI Capital Management purchased a new position in Southern California Bancorp during the 3rd quarter worth approximately $801,000. Finally, Geode Capital Management LLC raised its stake in Southern California Bancorp by 105.9% during the 3rd quarter. Geode Capital Management LLC now owns 542,147 shares of the company’s stock valued at $8,020,000 after purchasing an additional 278,874 shares during the period. Institutional investors and hedge funds own 55.40% of the company’s stock.

Southern California Bancorp Stock Up 5.4 %

BCAL opened at $16.27 on Thursday. The firm has a market capitalization of $523.41 million, a P/E ratio of -203.38 and a beta of 1.12. The stock has a fifty day moving average of $16.60 and a 200-day moving average of $15.46. Southern California Bancorp has a 12-month low of $12.30 and a 12-month high of $18.49.

Southern California Bancorp (NASDAQ:BCAL) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.08. Southern California Bancorp had a positive return on equity of 5.71% and a negative net margin of 4.51%. On average, analysts expect that Southern California Bancorp will post 0.92 earnings per share for the current fiscal year.

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.