BCAL

MKT CAP:$597M

Southern California Bancorp

Market Cap

$597M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$18.51-$0.04 (-0.22%)

Apr 23, 2026

Company Details

Southern California Bancorp operates as the holding company for Bank of Southern California, N.A. that provides various financial products to individuals, professionals, and small-to medium-sized businesses. The company offers checking, per...

CEO

David I. Rainer

IPO Date

Nov 10, 2005

Website

www.banksocal.com

Key Metrics TTM

Revenue

$233M

+26.2% YoY

Net Income

$63M

EPS (Diluted)

$1.93

Free Cash Flow

$57M

Revenue / Share

$7.11

Gross Margin

79.4%

Operating Margin

37.8%

Net Margin

27.1%

FCF Margin

24.4%

P/S

2.6x

P/E

9.5x

Earnings Reports

FY 2025

Mar 13, 2026

$233M+26.2%EPS $1.93

Q4 2025

Mar 13, 2026

$55M-13.3%EPS $0.50

Q3 2025

Nov 7, 2025

$60M+8.2%EPS $0.48

Q2 2025

Aug 8, 2025

$59M+77.5%EPS $0.43

Q1 2025

May 9, 2025

$59M+81.8%EPS $0.52

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$20M	$18M	$2M
Q2 22	$23M	$21M	-$1M
Q3 22	$26M	$23M	$9M
Q4 22	$28M	$25M	$12M
Q1 23	$31M	$26M	$11M
Q2 23	$31M	$25M	$10M
Q3 23	$32M	$24M	$9M
Q4 23	$32M	$22M	$6M
Q1 24	$33M	$22M	$7M
Q2 24	$33M	$19M	$278.0K
Q3 24	$55M	$15M	-$23M
Q4 24	$64M	$49M	$23M
Q1 25	$59M	$49M	$24M
Q2 25	$59M	$45M	$20M
Q3 25	$60M	$45M	$22M
Q4 25	$55M	$46M	$22M

Valuation

Quarter	P/S	P/E
Q1 22	3.5x	25.5x
Q2 22	3.2x	35.6x
Q3 22	3.2x	26.7x
Q4 22	3.1x	18.7x
Q1 23	2.4x	11.6x
Q2 23	2.3x	8.8x
Q3 23	2.1x	8.7x
Q4 23	2.4x	12.0x
Q1 24	2.1x	12.0x
Q2 24	2.9x	23.4x
Q3 24	2.7x	—
Q4 24	2.5x	85.0x
Q1 25	1.9x	22.9x
Q2 25	2.2x	16.3x
Q3 25	2.3x	8.6x
Q4 25	2.6x	9.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$3M	-$4M
Q2 22	$8M	$8M
Q3 22	-$382.0K	-$436.0K
Q4 22	$9M	$9M
Q1 23	$18M	$18M
Q2 23	$12M	$12M
Q3 23	$11M	$11M
Q4 23	-$8M	-$8M
Q1 24	$8M	$8M
Q2 24	$309.0K	$171.0K
Q3 24	$18M	$18M
Q4 24	$24M	$23M
Q1 25	$7M	$7M
Q2 25	$13M	$13M
Q3 25	$16M	$16M
Q4 25	$21M	$21M

Capital Expenditures

Quarter	CapEx
Q1 22	$304.0K
Q2 22	$487.0K
Q3 22	$54.0K
Q4 22	$236.0K
Q1 23	$79.0K
Q2 23	$204.0K
Q3 23	$44.0K
Q4 23	$63.0K
Q1 24	$89.0K
Q2 24	$138.0K
Q3 24	$183.0K
Q4 24	$142.0K
Q1 25	$105.0K
Q2 25	$34.0K
Q3 25	$108.0K
Q4 25	$99.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+42.0%	+49.0%
Q2 22	+28.2%	+54.0%
Q3 22	+43.5%	+27.0%
Q4 22	+30.9%	-0.7%
Q1 23	+53.2%	+8.0%
Q2 23	+35.7%	-11.3%
Q3 23	+21.9%	+34.3%
Q4 23	+14.6%	+56.4%
Q1 24	+6.2%	+30.1%
Q2 24	+5.4%	+52.9%
Q3 24	+71.2%	+239.7%
Q4 24	+95.8%	+54.0%
Q1 25	+81.8%	+40.5%
Q2 25	+77.5%	+17.7%
Q3 25	+8.2%	-51.1%
Q4 25	-13.3%	-18.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$773.0K	3.8%
Q2 22	$1M	4.4%
Q3 22	$949.0K	3.6%
Q4 22	$950.0K	3.4%
Q1 23	$2M	5.5%
Q2 23	$1M	3.5%
Q3 23	$992.0K	3.1%
Q4 23	$755.0K	2.3%
Q1 24	$895.0K	2.7%
Q2 24	$996.0K	3.0%
Q3 24	$3M	5.1%
Q4 24	$2M	2.4%
Q1 25	$1M	2.5%
Q2 25	$2M	2.6%
Q3 25	$1M	2.4%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q1 22	$10M
Q2 22	$10M
Q3 22	$9M
Q4 22	$9M
Q1 23	$10M
Q2 23	$10M
Q3 23	$10M
Q4 23	$10M
Q1 24	$10M
Q2 24	$9M
Q3 24	$16M
Q4 24	$17M
Q1 25	$16M
Q2 25	$16M
Q3 25	$15M
Q4 25	$19M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$0	$0	$0
Q2 22	$0	$0	$0
Q3 22	$0	$0	$0
Q4 22	$60M	$113M	$173M
Q1 23	$34M	$124M	$159M
Q2 23	$35M	$120M	$155M
Q3 23	$34M	$112M	$145M
Q4 23	$33M	$130M	$163M
Q1 24	$54M	$127M	$181M
Q2 24	$29M	$124M	$153M
Q3 24	$115M	$159M	$274M
Q4 24	$60M	$142M	$202M
Q1 25	$80M	$9M	$89M
Q2 25	$84M	$3M	$87M
Q3 25	$95M	$0	$95M
Q4 25	$52M	$235M	$287M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	18M	+7.0%	+26.5%
Q2 22	18M	+0.5%	+28.9%
Q3 22	18M	+0.2%	+30.2%
Q4 22	18M	+1.0%	+8.8%
Q1 23	19M	+1.1%	+2.8%
Q2 23	19M	+0.2%	+2.5%
Q3 23	19M	+0.4%	+2.7%
Q4 23	19M	-0.0%	+1.7%
Q1 24	19M	+0.4%	+1.0%
Q2 24	19M	-0.0%	+0.7%
Q3 24	28M	+47.4%	+47.9%
Q4 24	33M	+18.0%	+74.6%
Q1 25	33M	-0.0%	+73.9%
Q2 25	33M	-0.0%	+73.9%
Q3 25	33M	+0.4%	+18.4%
Q4 25	33M	-0.1%	+0.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	—	—
Q2 22	—	—
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q4 23	$159.2K	204
Q1 24	$160.2K	204
Q2 24	$161.9K	204
Q3 24	$271.1K	204
Q4 24	$211.9K	300
Q1 25	$198.0K	300
Q2 25	$195.5K	300
Q3 25	$199.5K	300
Q4 25	$183.7K	300

Revenue / Employee