California BanCorp \ CA BCAL

Financials SIC 6021 - National Commercial Banks Nasdaq

California BanCorp is a California corporation incorporated on October 2, 2019 and is registered with the Board of Governors of the Federal Reserve System as a bank holding company for California Bank of Commerce, N.A. under the Bank Holding Company Act of 1956, as amended. On May 15, 2020, the Company completed a reorganization whereby the Bank became a wholly-owned subsidiary of the Company. California Bank of Commerce, N.A. began business operations in December 2001 under the name Ramona National Bank. The Bank changed its name to First Business Bank, N.A. in 2006, to Bank of Southern California, N.A. in 2010, and to California Bank of Commerce, N.A. on July 31, 2024. The Bank has a wholly-owned subsidiary, BCAL OREO1, LLC, which was incorporated on February 14, 2024. BCAL OREO1, LLC is used for holding other real estate owned and other assets acquired by foreclosure. The Bank operates under a federal charter and its primary regulator is the Office of the Comptroller of the Currency ("OCC"). The words "we," "us," "our," or the "Company" refer to California BanCorp and California Bank of Commerce, N.A. collectively and on a consolidated basis. References herein to "California BanCorp," or the "holding company" refer to California BanCorp on a stand-alone basis. References to the "Bank" refer to California Bank of Commerce, N.A.

Last close 21.90 2026-09-04
Market cap $704.1M 2026-06-30 share count
52-week range 15.85 - 22.00

Valuation FY2025 figures against the last close

P/S3.1x
P/E11.3x
P/FCF12.4x
EV/EBITDA
Dividend yield0.5%
Diluted EPS1.93

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021
Revenue $226.0M$179.8M$123.5M$93.6M
Interest expense $169.1M$123.0M$94.1M$5.8M
Pre-tax income $88.0M$8.3M$36.9M$22.0M
Income tax $24.9M$2.8M$10.9M$5.9M
Net income $63.1M$5.4M$25.9M$16.1M
EPS, basic 1.950.221.420.90
EPS, diluted 1.930.221.390.88
Shares, diluted (wtd. avg.) $32.7M$24.6M$18.7M$18.2M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021
Cash and equivalents $399.9M$388.2M$86.8M$86.8M$580.0M
Property, plant and equipment $12.1M$13.6M$13.3M$14.3M
Goodwill $110.9M$111.8M$37.8M$37.8M$36.8M
Other intangibles $18.5M$22.3M$1.2M$1.6M
Total assets $4.03B$4.03B$2.36B$2.28B
Long-term debt $33.8M$69.7M$102.9M$67.8M
Total liabilities $3.46B$3.52B$2.07B$2.02B
Retained earnings $135.8M$76.0M$70.6M$48.5M
Total equity $576.6M$511.8M$288.2M$260.4M$246.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021
Operating cash flow $57.3M$50.3M$33.1M$13.4M
Depreciation and amortisation $1.8M$1.8M$1.5M$1.6M
Stock-based compensation $5.8M$6.2M$4.5M$3.7M
Capital expenditure $346.0K$552.0K$302.0K$1.1M
Investing cash flow $29.8M$524.7M-$78.9M-$512.7M
Financing cash flow -$75.3M-$273.6M$45.9M$6.1M
Dividends paid $3.3M$0
Buybacks $3.4M$0$889.0K$574.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001795815-26-000005.

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