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California Bancorp (California Bancorp) Book Value per Share

: $23.38 (As of Dec. 2023)
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California Bancorp's book value per share for the quarter that ended in Dec. 2023 was $23.38.

During the past 12 months, California Bancorp's average Book Value Per Share Growth Rate was 13.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of California Bancorp was 11.90% per year. The lowest was 6.40% per year. And the median was 8.30% per year.

California Bancorp's current price is $21.58. Its book value per share for the quarter that ended in Dec. 2023 was $23.38. Hence, today's PB Ratio of California Bancorp is 0.92.

During the past 8 years, the highest P/B Ratio of California Bancorp was 1.79. The lowest was 0.63. And the median was 1.12.


California Bancorp Book Value per Share Historical Data

The historical data trend for California Bancorp's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

California Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Premium Member Only Premium Member Only Premium Member Only 16.10 16.69 18.24 20.67 23.38

California Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.67 21.37 21.98 22.65 23.38

Competitive Comparison

For the Banks - Regional subindustry, California Bancorp's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


California Bancorp PB Ratio Distribution

For the Banks industry and Financial Services sector, California Bancorp's PB Ratio distribution charts can be found below:

* The bar in red indicates where California Bancorp's PB Ratio falls into.



California Bancorp Book Value per Share Calculation

California Bancorp's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(196.46-0.00)/8.40
=23.38

California Bancorp's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(196.46-0.00)/8.40
=23.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


California Bancorp  (NAS:CALB) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


California Bancorp Book Value per Share Related Terms

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California Bancorp (California Bancorp) Business Description

Traded in Other Exchanges
Address
1300 Clay Street, Suite 500, Oakland, CA, USA, 94612
California Bancorp is a holding company for California Bank of Commerce. The company primarily serves business and professional corporations with a variety of business-focused financial services. Some of the products and services that the bank offers include commercial checking, savings and money market accounts, certificates of deposit, treasury and cash management services, foreign exchange services, commercial and industrial loans, asset-based loans, loans to dental and veterinary professionals, commercial real estate loans, residential and commercial construction and development loans, online banking, and mobile banking. Most of the company's business activity is with customers located within the San Francisco Bay Area counties.
Executives
Wayne S. Doiguchi director C/O CALIFORNIA BANCORP, 1300 CLAY STREET, FIFTH FLOOR, OAKLAND CA 94612
Kevin Joseph Cullen director AVEO PHARMACEUTICALS, INC., 30 WINTER STREET, BOSTON MA 02108
Thomas A Sa officer: See Remarks 55 ALMADEN BLVD, SAN JOSE CA 95113
Theodore A. Wilm director C/O CALIFORNIA BANCORP, 1300 CLAY STREET, FIFTH FLOOR, OAKLAND CA 94612
Andrew J. Armanino director C/O CALIFORNIA BANCORP, 1300 CLAY STREET, FIFTH FLOOR, OAKLAND CA 94612
Thomas M. Dorrance officer: Chief Technology Officer C/O CALIFORNIA BANCORP, 1300 CLAY STREET, FIFTH FLOOR, OAKLAND CA 94612
Steven E. Shelton director, officer: See Remarks C/O CALIFORNIA BANCORP, 1300 CLAY STREET, FIFTH FLOOR, OAKLAND CA 94612
Stephen A. Cortese director C/O CALIFORNIA BANCORP, 1300 CLAY STREET, FIFTH FLOOR, OAKLAND CA 94612
Michelle Wirfel officer: SEVP and Chief Banking Officer C/O CALIFORNIA BANCORP, 1300 CLAY STREET, FIFTH FLOOR, OAKLAND CA 94612
Millicent C. Tracey director 1300 CLAY STREET, FIFTH FLOOR, OAKLAND CA 94612
Julie Levenson director C/O GRAF INDUSTRIAL CORP., 118 VINTAGE PARK BLVD., SUITE W-22, HOUSTON TX 77070
Kevin J. Cullen director C/O CALIFORNIA BANCORP, 1300 CLAY STREET, FIFTH FLOOR, OAKLAND CA 94612
Rochelle G. Klein director C/O CALIFORNIA BANCORP, 1300 CLAY STREET, FIFTH FLOOR, OAKLAND CA 94612
Stephen R. Dathe director C/O CALIFORNIA BANCORP, 1300 CLAY STREET, FIFTH FLOOR, OAKLAND CA 94612
Donald Kintzer director C/O CALIFORNIA BANCORP, 1300 CLAY STREET, FIFTH FLOOR, OAKLAND CA 94612

California Bancorp (California Bancorp) Headlines