Southern California Bancorp (NASDAQ:BCAL) Announces Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Southern California Bancorp (NASDAQ:BCAL) released its quarterly earnings data on Wednesday. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.08, Zacks reports. Southern California Bancorp had a negative net margin of 4.51% and a positive return on equity of 5.71%.

Southern California Bancorp Stock Up 2.8 %

BCAL traded up $0.43 during trading on Wednesday, reaching $15.86. 7,653 shares of the company were exchanged, compared to its average volume of 53,725. Southern California Bancorp has a 12-month low of $12.30 and a 12-month high of $18.49. The company’s 50-day moving average is $16.64 and its two-hundred day moving average is $15.45. The company has a market cap of $510.12 million, a price-to-earnings ratio of -198.21 and a beta of 1.12.

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.