Stock Data
$0.16 (0.75%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Southern California Bancorp, headquartered in San Diego, California, serves as the parent company for Bank of Southern California, N.A. This financial institution caters to individuals, professionals, and small-to-medium-sized businesses across Southern California, including San Diego, Orange, Ventura, Los Angeles, and Riverside counties, as well as the Inland Empire. It offers a wide range of banking products such as checking and savings accounts, certificates of deposit, various loan options including home equity lines of credit and business loans, and advanced banking services like online and mobile banking, cash management, and merchant services.
California BanCorp crushed EPS expectations with a 9% beat as credit quality collapsed nonperforming assets by over 50%, and the bank hiked its quarterly dividend to $0.12 to reward shareholders on improving fundamentals.
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