How to Buy California Bancorp Stock
California Bancorp
California BanCorp operates as the bank holding company for California Bank of Commerce that provides commercial banking services in California.
California Bancorp stock last closed at $21.61, up 0.37% from the previous day, and has increased 48.32% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.23 percentage points. California Bancorp stock is currently +69.09% from its 52-week low of $12.78, and -22.32% from its 52-week high of $27.82.
As of May 2, 2024, there are 8.41M shares of CALB outstanding. The market capitalization of CALB is $181.81M. In the last 24 hours, 7112 CALB shares were traded.
How to Buy California Bancorp Stock
Not sure how to invest in California Bancorp stock? Here's how.
- Choose where to buy California Bancorp stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy California Bancorp stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Choose your method of payment and add your details.
- Analyze California Bancorp stock: The California Bancorp ticker symbol is CALB. Is California Bancorp stock a good investment? Should you buy shares of CALB? How do CALB's underlying business fundamentals look? Do top analysts think California Bancorp is a good buy? Why has CALB's stock price moved recently? (Hint: Our stock analysis website can help you figure out if CALB is a good stock to buy).
- Make your CALB trade: Decide if you will purchase CALB shares at the current market price or use a limit order to buy CALB shares at a specific price.
- Keep tabs on your CALB position: Create a watchlist to key updates about your new investment in California Bancorp shares.
Step 1: Choose where to buy California Bancorp stock
You need an online brokerage account to access the NASDAQ market and buy CALB shares.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal info so you are able to buy CALB stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start your new trading account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've created your account on the stocks app, you can securely and quickly fund your account:
Watch the video below if you need help depositing money into your new brokerage account.
Step 4: Analyze California Bancorp stock
After you have chosen the best place to buy California Bancorp stock, it's crucial to analyze their stock prior to buying, so you can comprehend the risk and upside.
California Bancorp stock quick numbers
California Bancorp Overview
WallStreetZen was designed to help average investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on CALB's stock page.
Is CALB stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge CALB's fair value.
Using relative valuations metrics:
- CALB may be undervalued based on its P/E ratio of 8.38x, relative to Banks - Regional industry P/E ratio of -9.72x
- CALB may be undervalued based on its P/B ratio of 0.93x, relative to Banks - Regional industry P/B ratio of 0.99x
- CALB may be undervalued based on its PEG ratio of 0.71x
You can do more valuation research on CALB's stock here.
A look at CALB Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- CALB's operating cash flow of $28.20M allows it to safely service it's debt of $129.29M.
- CALB earnings of $30.62M is not sufficient to cover its interest payments.
Failed Financial Due Diligence Checks:
- CALB has a relatively high debt to equity ratio of 9.11.
- CALB profit margin has gone down from 28.3% to 27.7% in the past year.
- Total CALB debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy CALB stock, according to analysts?
Out of 2 Wall Street analysts who research CALB, the consensus analyst rating on California Bancorp is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the California Bancorp stock forecast page.
CALB Trading Indicators
CALB Growth Metrics
Last year, CALB earnings were $21.63M. During the past 5 year, CALB's earnings have increased by 16.16% per year. This was faster than the Banks - Regional industry average of 16.14%.
Last year, CALB revenue was $78.13M. During the past five year, CALB's revenue has increased by 15.44% per year. This was faster than the Banks - Regional industry average of 7.57%.
Learn more about CALB's earnings and revenue performance here.
Who is buying/selling CALB?
Over the last 12 months, executives and large shareholders at CALB have bought more shares than they have sold.
Andrew J. Armanino, Director of CALB, was the latest CALB insider to buy. They bought $11,996.98 worth of CALB shares on Feb 1, 2024.
Dig into more about who owns CALB shares here.
Can I get consistent income from CALB stock?
No, California Bancorp doesn't provide an income stream by paying out dividends.
What do other traders have to say about CALB?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your CALB trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open button and eToro will execute the order.
If you want more info about buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your CALB position
Now that you own some CALB stock, you'll want to stay up-to-date on your investment.
Start a watchlist to keep tabs on your CALB stock.
CALB Feed
How to Buy Stock in California Bancorp
To summarize, here are the 6 steps to buy California Bancorp stock:
- Choose where to buy California Bancorp stock
- Open a brokerage account
- Deposit money your brokerage account
- Analyze California Bancorp stock
- Make your CALB trade
- Keep tabs on your CALB position
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in California Bancorp, create a watchlist on WallStreetZen today.
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