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Ncal Bancorp

NCAL Bancorp is a publicly traded company that is headquartered in Newport Beach, California. The company operates as the holding company for Pacific Western Bank, which provides a range of commercial banking services to small and middle-market businesses, entrepreneurs, and professional individuals.

As of the most recent quarter, NCAL Bancorp reported total assets of approximately $27.3 billion, loans outstanding of $20.2 billion, and total deposits of $21.4 billion. The company's net interest margin, a key measure of profitability in banking, stood at 3.04% for the quarter.

In terms of earnings, NCAL Bancorp reported net income of $92.9 million for the quarter ended December 31, 2021, representing an increase of 16.1% compared to the same period in the previous year. Earnings per share for the quarter came in at $1.08, up from $0.93 in the year-ago period.

Looking at growth, NCAL Bancorp has seen its total assets, loans, and deposits grow substantially in recent years. The company has also expanded its geographic footprint, with branches now located in California, Washington, and Colorado.

In terms of valuation, NCAL Bancorp's stock currently trades at a price-to-earnings (P/E) ratio of around 14.5, which is roughly in line with the average for regional banks. However, the company's price-to-tangible-book-value (P/TBV) ratio stands at around 2.1, which is above the average for the industry.

Overall, NCAL Bancorp appears to be a well-run bank with solid earnings and growth prospects. However, investors should be mindful of the company's valuation, which may be slightly on the high side relative to its peers.