What is California Bancorp Efficiency Overhead Ratio %?
Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.
California Bancorp's Efficiency Overhead Ratio % for the quarter that ended in Dec. 2023 was 61.36%
, which is higher than
59.64% for the pervious quarter ended in Sep. 2023.
California Bancorp's Efficiency Overhead Ratio % for the annual that ended in Dec. 2023 was 59.82%
, which is higher than
57.01% for the pervious year ended in Dec. 2022.
The historical rank and industry rank for California Bancorp's Efficiency Overhead Ratio % or its related term are showing as below:
CALB's Efficiency Overhead Ratio % is not ranked *
in the Banks industry.
Industry Median: * Ranked among companies with meaningful Efficiency Overhead Ratio % only.
California Bancorp Efficiency Overhead Ratio % Historical Data
The historical data trend for California Bancorp's Efficiency Overhead Ratio % 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 Efficiency Overhead Ratio % Chart
Competitive Comparison of California Bancorp's Efficiency Overhead Ratio %
For the Banks - Regional subindustry, California Bancorp's Efficiency Overhead Ratio %, along with its competitors' market caps and Efficiency Overhead 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 (NAS:CALB) Efficiency Overhead Ratio % Calculation
Efficiency Overhead Ratio % is calculated as
Efficiency Overhead Ratio %
=
Non-interest Expenses
/
Revenue
* 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.
California Bancorp (NAS:CALB) Efficiency Overhead Ratio % Explanation
Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.
An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.
California Bancorp Efficiency Overhead Ratio % Related Terms
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California Bancorp (California Bancorp) Business Description
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.
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