California Bancorp Q2 FY26 net income rises 3.69% to $14.3 million vs Q1 FY26

Reuters2026/08/07 20:18

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California Bancorp posted Q2 net income of $14.3 million, up 3.69% from Q1, with diluted EPS of $0.44.
Net interest income rose 3.02% from Q1 to $43.35 million, lifting net interest margin by 24 percentage points to 4.71%.
Provision for credit losses swung to expense of $714,000 from a $381,000 reversal in Q1.
Noninterest income fell 27.43% from Q1 to $1.55 million, while noninterest expense declined 4.57% to $24.35 million.
Loans climbed to $3.11 billion at June 30 from $3.06 billion at year-end, while deposits edged down to $3.36 billion from $3.37 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. California Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001795815-26-000018), on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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California Bancorp Q2 FY26 net income rises 3.69% to $14.3 million vs Q1 FY26

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