What is DA Davidson’s Estimate for BCAL FY2025 Earnings?

Southern California Bancorp (NASDAQ:BCAL) – Analysts at DA Davidson reduced their FY2025 EPS estimates for shares of Southern California Bancorp in a research note issued to investors on Thursday, January 30th. DA Davidson analyst G. Tenner now expects that the company will earn $1.81 per share for the year, down from their previous forecast of $1.85. DA Davidson has a “Buy” rating and a $20.00 price target on the stock. The consensus estimate for Southern California Bancorp’s current full-year earnings is $1.83 per share.

Southern California Bancorp (NASDAQ:BCAL) last posted its quarterly earnings data on Wednesday, January 29th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.08. Southern California Bancorp had a net margin of 2.94% and a return on equity of 8.97%.

Southern California Bancorp Trading Up 1.8 %

BCAL stock opened at $16.60 on Monday. Southern California Bancorp has a 12 month low of $12.30 and a 12 month high of $18.49. The firm has a market capitalization of $534.02 million, a P/E ratio of 87.37 and a beta of 1.12. The firm has a 50 day moving average of $16.53 and a 200-day moving average of $15.50.

Institutional Investors Weigh In On Southern California Bancorp

Hedge funds have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC purchased a new position in Southern California Bancorp during the 4th quarter valued at $264,000. SG Americas Securities LLC increased its holdings in Southern California Bancorp by 22.0% in the 4th quarter. SG Americas Securities LLC now owns 10,163 shares of the company’s stock worth $168,000 after acquiring an additional 1,833 shares in the last quarter. Aspiriant LLC bought a new position in Southern California Bancorp in the 4th quarter worth approximately $230,000. JPMorgan Chase & Co. boosted its position in shares of Southern California Bancorp by 417.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 26,508 shares of the company’s stock valued at $392,000 after acquiring an additional 21,384 shares during the last quarter. Finally, Destination Wealth Management bought a new position in shares of Southern California Bancorp during the 3rd quarter valued at approximately $541,000. 55.40% of the stock is currently owned by institutional investors.

About Southern California Bancorp

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.