California Bank of Commerce (Acquired) Overview
- Year Founded
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2007
- Status
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Acquired/Merged
- Employees
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169
- Latest Deal Type
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M&A
- Latest Deal Amount
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$217M
California Bank of Commerce (Acquired) General Information
Description
California Bancorp is a holding company for California Bank of Commerce. The company predominantly 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. Majority of the company's business activity is with customers located within the San Francisco Bay Area counties.
Contact Information
Corporate Office
- 12265 El Camino Real
- Suite 210
- San Diego, CA 92130
- United States
Corporate Office
- 12265 El Camino Real
- Suite 210
- San Diego, CA 92130
- United States
California Bank of Commerce (Acquired) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 31-Jul-2024 | $217M | Completed | Profitable | ||
| 3. PIPE | 16-Aug-2018 | Completed | Generating Revenue | |||
| 2. IPO | 07-Feb-2018 | Completed | Profitable | |||
| 1. Early Stage VC | Completed | Generating Revenue |
California Bank of Commerce (Acquired) Comparisons
Industry
Financing
Details
California Bank of Commerce (Acquired) Competitors (5)
One of California Bank of Commerce (Acquired)’s 5 competitors is Sunwest Bank, a Corporation company based in Sandy, UT.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sunwest Bank | Corporation | Sandy, UT | ||||
| Columbia Banking System | Corporation | Tacoma, WA | ||||
| Banner Bank | Corporation | Walla Walla, WA | ||||
| M&T Bank | Corporation | Buffalo, NY | ||||
| Capital One Financial | Corporate Backed or Acquired | McLean, VA |
California Bank of Commerce (Acquired) Signals
California Bank of Commerce (Acquired) Former Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Clydesdale Ventures | Venture Capital | Minority |
California Bank of Commerce (Acquired) Investments & Acquisitions (3)
California Bank of Commerce (Acquired)’s most recent deal was a Buyout/LBO with EverOps. The deal was made on 14-Feb-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| EverOps | 14-Feb-2022 | Buyout/LBO | IT Consulting and Outsourcing | ||
| Capital Building Maintenance | 30-Apr-2021 | Buyout/LBO | Other Commercial Services | ||
| Pan Pacific Bank | 31-Dec-2015 | Merger/Acquisition | Regional Banks |
California Bank of Commerce (Acquired) ESG
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
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Covered Companies
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Banks
Industry
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Percentile
Regional Banks
Subindustry
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California Bank of Commerce (Acquired) FAQs
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When was California Bank of Commerce (Acquired) founded?
California Bank of Commerce (Acquired) was founded in 2007.
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Where is California Bank of Commerce (Acquired) headquartered?
California Bank of Commerce (Acquired) is headquartered in San Diego, CA.
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What is the size of California Bank of Commerce (Acquired)?
California Bank of Commerce (Acquired) has 169 total employees.
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What industry is California Bank of Commerce (Acquired) in?
California Bank of Commerce (Acquired)’s primary industry is Holding Companies.
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Is California Bank of Commerce (Acquired) a private or public company?
California Bank of Commerce (Acquired) is a Private company.
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What is the current valuation of California Bank of Commerce (Acquired)?
The current valuation of California Bank of Commerce (Acquired) is .
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What is California Bank of Commerce (Acquired)’s current revenue?
The current revenue for California Bank of Commerce (Acquired) is .
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How much funding has California Bank of Commerce (Acquired) raised over time?
California Bank of Commerce (Acquired) has raised $25M.
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Who are California Bank of Commerce (Acquired)’s investors?
Clydesdale Ventures has invested in California Bank of Commerce (Acquired).
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Who are California Bank of Commerce (Acquired)’s competitors?
Sunwest Bank, Columbia Banking System, Banner Bank, M&T Bank, and Capital One Financial are competitors of California Bank of Commerce (Acquired).
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When was California Bank of Commerce (Acquired) acquired?
California Bank of Commerce (Acquired) was acquired on 31-Jul-2024.
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Who acquired California Bank of Commerce (Acquired)?
California Bank of Commerce (Acquired) was acquired by California Bank of Commerce.
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