California Bancorp Stock Fair Value Calculation – California BanCorp Appoints Theodore A. Wilm to Board of Directors, Bolstering Leadership Team in Oakland, CA.
March 25, 2023
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Based in Oakland, California ($NASDAQ:CALB) BanCorp is a financial services holding company focused on providing banking and lending services to professional service firms, private businesses, and not-for-profit organizations in the Bay Area. The corporation is delighted to welcome Theodore A. Wilm to its Board of Directors, further strengthening its leadership team. He also has a solid background in mutual funds and asset management through his involvement in the founding of Asset Management International, Inc. The Board of Directors of California BanCorp is confident that Mr. Wilm’s deep experience and expertise will serve the corporation well.
Through his guidance, the Board of Directors looks forward to California BanCorp continuing to provide exceptional customer service while supporting the Bay Area’s vibrant business community. The appointment of Mr. Wilm is effective on March 21, 2023.
Stock Price
The news had a negligible impact on the stock price, which opened at $19.9 and closed at $19.8, down 0.9% from its previous closing price of $20.0. With his addition, CALIFORNIA BANCORP continues to show its commitment to providing best-in-class service to its customers and shareholders. Theodore A. Wilm’s appointment comes at an important time for CALIFORNIA BANCORP, as the company continues to expand its operations and explore new opportunities for growth. With his leadership and expertise, CALIFORNIA BANCORP can look forward to a bright future for its clients and shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for California Bancorp. More…
| Total Revenues | Net Income | Net Margin |
| – | 21.11 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for California Bancorp. More…
| Operations | Investing | Financing |
| 16.21 | -59.01 | 94.74 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for California Bancorp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.04k | 1.87k | – |
Key Ratios Snapshot
Some of the financial key ratios for California Bancorp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 20.1% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – California Bancorp Stock Fair Value Calculation
At GoodWhale, we have conducted an in-depth analysis of CALIFORNIA BANCORP‘s financials and we are pleased to share our findings. Our proprietary Valuation Line calculated an intrinsic value of CALIFORNIA BANCORP share to be around $21.7. The stock is currently traded at $19.8, which is a fair price but represents a 8.8% undervaluation from its intrinsic value. We believe this provides an opportunity for investors to take advantage of this undervalued security. More…
Peers
The banking industry in California is extremely competitive, with many banks vying for market share. California Bancorp is one of the largest banks in the state, and it competes directly with other large banks such as Mission Bancorp, F & M Bank Corp, and Northern California Bancorp Inc. Each of these banks has a significant presence in California, and they are all fighting for market share.
– Mission Bancorp ($OTCPK:MSBC)
Based in Los Angeles, Mission Bancorp is a holding company for Mission Community Bank, which provides banking products and services to small businesses, entrepreneurs, and families in Southern California. As of December 31, 2020, Mission Bancorp had approximately $2.7 billion in assets and $2.1 billion in deposits.
– F & M Bank Corp ($OTCPK:FMBM)
The company’s market cap is $78.52 million as of 2022. F&M Bank Corp is a bank holding company that operates through its subsidiary, F&M Bank. The bank offers a range of banking products and services to individuals and businesses in Virginia, West Virginia, and Tennessee. Products and services include checking and savings accounts, loans, credit cards, and investment services.
– Northern California Bancorp Inc ($OTCPK:NRLB)
As of 2022, Northern California Bancorp Inc has a market cap of 1.89M. The company is a bank holding company that operates through its subsidiary, North Valley Bank. North Valley Bank provides banking services to individuals and businesses in Shasta, Tehama, and Trinity Counties in California. The bank offers a range of deposit and loan products, as well as online and mobile banking services.
Summary
Californina Bancorp has announced the appointment of Theodore A. Wilm to its Board of Directors, which will strengthen the leadership team in Oakland, CA. This decision will provide a strong foundation to grow and expand the company’s operations. Investors should view this as a positive development, as it will likely result in improved profitability and increased shareholder value in the long-term.
Wilm’s experience and expertise in banking, finance, and corporate governance will be a valuable asset to the company’s management. The financial outlook for Californina Bancorp is promising and investors can expect to see strong returns from their investments in the future.
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