Investing.com - California BanCorp reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
California BanCorp announced earnings per share of $0.66 on revenue of $22.65M. Analysts polled by Investing.com anticipated EPS of $0.63 on revenue of $18.7M.
California BanCorp shares are down 39.79% from the beginning of the year, still down 4.58% from its 52 week high of $24.21 set on November 3.
California BanCorp follows other major Financial sector earnings this month
California BanCorp's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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