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

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

Southern California Bancorp (NASDAQ:BCAL) last posted its earnings results on Wednesday, January 29th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate 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 Price Performance

Southern California Bancorp stock opened at $15.94 on Monday. Southern California Bancorp has a 12 month low of $12.30 and a 12 month high of $18.49. The stock has a market capitalization of $512.79 million, a PE ratio of 83.90 and a beta of 1.11. The business has a 50 day simple moving average of $16.49 and a 200-day simple moving average of $15.51.

Institutional Investors Weigh In On Southern California Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in BCAL. SG Americas Securities LLC acquired a new position in Southern California Bancorp during the third quarter worth $123,000. Empowered Funds LLC purchased a new stake in shares of Southern California Bancorp in the 3rd quarter valued at approximately $160,000. Creekside Partners acquired a new stake in Southern California Bancorp during the third quarter worth $190,000. Jane Street Group LLC acquired a new position in shares of Southern California Bancorp in the 3rd quarter valued at $202,000. Finally, Aspiriant LLC acquired a new stake in shares of Southern California Bancorp during the 4th quarter worth about $230,000. Institutional investors and hedge funds own 55.40% of the company’s stock.

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.