NASDAQ : BCAL
California BanCorp — Financial statements
Financials · Banks - Regional · United States
Last price 21.48 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 686.34M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 190.23M | 195.91M | 159.96M | 113.95M | 86.37M | 66.21M |
| Interest Income on Investments | 30.97M | 30.07M | 19.84M | 9.57M | 7.21M | 1.56M |
| Total Interest Income | 221.20M | 225.98M | 179.80M | 123.52M | 93.58M | 67.77M |
| Interest Paid on Deposits | 46.03M | 52.26M | 52.76M | 26.86M | 4.59M | 2.05M |
| Interest Paid on Borrowings | 2.68M | 4.63M | 4.05M | 2.52M | 1.20M | 1.31M |
| Total Interest Expense | 48.71M | 56.89M | 56.81M | 29.38M | 5.79M | 3.36M |
| Net Interest Income | 172.49M | 169.09M | 122.98M | 94.14M | 87.79M | 64.41M |
| Gain (Loss) on Sale of Assets | -1.00K | -1.00K | -19.00K | -768.00K | -4.00K | |
| Gain (Loss) on Sale of Investments | -974.00K | -994.00K | 46.00K | |||
| Other Non-Interest Income | 5.52M | 7.34M | 3.35M | 2.32M | 3.07M | 2.73M |
| Total Non-Interest Income | 8.59M | 11.09M | 4.76M | 3.38M | 3.67M | 4.51M |
| Revenues Before Loan Losses | 181.07M | 180.18M | 127.74M | 97.52M | 91.46M | 68.92M |
| Provision for Loan Losses | -850.00K | -8.82M | 21.69M | 915.00K | 5.96M | 1.20M |
| Revenue | 181.92M | 189.00M | 106.05M | 96.60M | 85.50M | 67.72M |
| Salaries and Employee Benefits | 58.07M | 56.47M | 43.60M | 34.73M | 33.39M | 29.38M |
| Occupancy Expenses | 4.06M | 4.06M | 3.64M | 3.20M | 3.46M | 3.12M |
| Federal Deposit Insurance | 2.10M | 2.28M | 1.71M | 1.51M | ||
| Amortization of Goodwill & Intangibles | 3.32M | 3.79M | 1.88M | 389.00K | 438.00K | 364.00K |
| Selling, General & Administrative | 23.16M | 23.08M | 19.57M | 16.01M | 14.58M | 14.33M |
| Other Non-Interest Expense | 9.11M | 8.40M | 5.78M | 3.77M | 4.95M | 3.90M |
| Total Non-Interest Expense | 100.13M | 99.01M | 81.42M | 59.61M | 56.82M | 51.09M |
| EBT Excluding Unusual Items | 81.79M | 89.99M | 24.63M | 36.99M | 28.68M | 16.64M |
| Asset Writedown | -78.00K | -134.00K | ||||
| Legal Settlements | -2.04M | -2.04M | -5.53M | |||
| Pretax Income | 79.75M | 87.96M | 8.26M | 36.86M | 21.98M | 14.19M |
| Income Tax Expense | 21.22M | 24.90M | 2.83M | 10.95M | 5.87M | 3.48M |
| Net Income | 58.53M | 63.06M | 5.43M | 25.91M | 16.11M | 10.71M |
| Net Income to Common | 58.53M | 63.06M | 5.43M | 25.91M | 16.11M | 10.71M |
| Basic Shares Outstanding | 32.21M | 32.39M | 24.25M | 18.25M | 17.82M | 14.40M |
| Diluted Shares Outstanding | 32.56M | 32.75M | 24.62M | 18.66M | 18.23M | 14.91M |
| EPS (Basic) | 1.82 | 1.95 | 0.22 | 1.42 | 0.90 | 0.74 |
| EPS (Diluted) | 1.81 | 1.93 | 0.22 | 1.39 | 0.88 | 0.72 |
| Dividend Per Share | 0.42 | 0.10 | ||||
| Effective Tax Rate | 26.61% | 28.31% | 34.25% | 29.70% | 26.70% | 24.51% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 266.65M | 399.91M | 388.16M | 86.79M | 86.76M | 580.01M |
| Investment Securities | 52.67M | 71.87M | 82.26M | 73.07M | 103.76M | 27.96M |
| Mortgage-Backed Securities | 318.90M | 225.87M | 120.94M | 117.94M | 67.72M | 27.60M |
| Total Investments | 371.57M | 297.75M | 203.20M | 191.00M | 171.48M | 55.57M |
| Gross Loans | 3.15B | 3.07B | 3.20B | 1.96B | 1.90B | 1.50B |
| Allowance for Loan Losses | -33.72M | -34.35M | -50.54M | -22.57M | -17.10M | -11.66M |
| Other Adjustments to Gross Loans | -34.10M | -60.30M | -3.70M | -5.10M | ||
| Net Loans | 3.11B | 3.00B | 3.09B | 1.93B | 1.88B | 1.49B |
| Property, Plant & Equipment | 27.74M | 27.21M | 27.95M | 22.56M | 22.94M | 27.71M |
| Goodwill | 110.93M | 110.93M | 111.79M | 37.80M | 37.80M | 36.78M |
| Other Intangible Assets | 16.10M | 18.48M | 22.27M | 1.20M | 1.58M | 2.02M |
| Loans Held for Sale | 15.39M | 25.11M | 17.18M | 7.35M | 9.03M | |
| Accrued Interest Receivable | 44.00M | 26.77M | 27.46M | 12.02M | 6.87M | 4.14M |
| Long-Term Deferred Tax Assets | 30.49M | 29.04M | 43.13M | 11.14M | 10.70M | 5.07M |
| Other Real Estate Owned & Foreclosed | 8.61M | 4.08M | ||||
| Other Long-Term Assets | 99.38M | 83.34M | 82.50M | 46.89M | 48.87M | 48.26M |
| Total Assets | 4.11B | 4.03B | 4.03B | 2.36B | 2.28B | 2.26B |
| Interest Bearing Deposits | 2.21B | 2.13B | 2.06B | 1.15B | 923.41M | 986.16M |
| Institutional Deposits | 65.07M | 80.60M | 122.60M | 84.60M | ||
| Non-Interest Bearing Deposits | 1.26B | 1.18B | 1.26B | 675.10M | 923.90M | 986.93M |
| Total Deposits | 3.48B | 3.37B | 3.40B | 1.94B | 1.93B | 1.97B |
| Short-Term Borrowings | 85.00M | 50.00M | ||||
| Current Portion of Leases | 3.69M | |||||
| Accrued Interest Payable | 26.74M | 679.00K | 4.34M | 477.00K | 215.00K | 67.00K |
| Long-Term Debt | 33.83M | 69.72M | 17.86M | 17.77M | 20.41M | |
| Long-Term Leases | 19.37M | 15.25M | 18.31M | 12.12M | 11.05M | 9.00M |
| Other Long-Term Liabilities | 1.75M | 32.77M | 28.68M | 13.09M | 12.63M | 10.76M |
| Total Liabilities | 3.52B | 3.46B | 3.52B | 2.07B | 2.02B | 2.01B |
| Common Stock | 430.90M | 442.39M | 442.47M | 222.04M | 218.28M | 214.16M |
| Retained Earnings | 167.54M | 135.81M | 76.01M | 70.58M | 48.52M | 32.40M |
| Comprehensive Income & Other | -17.08M | -1.62M | -6.64M | -4.46M | -6.44M | -38.00K |
| Total Common Equity | 581.35M | 576.59M | 511.84M | 288.15M | 260.36M | 246.53M |
| Shareholders' Equity | 581.35M | 576.59M | 511.84M | 288.15M | 260.36M | 246.53M |
| Total Liabilities & Equity | 4.11B | 4.03B | 4.03B | 2.36B | 2.28B | 2.26B |
| Total Debt | 19.37M | 52.77M | 88.03M | 114.98M | 78.83M | 29.41M |
| Net Cash (Debt) | 247.28M | 347.14M | 300.13M | -28.19M | 7.93M | 550.60M |
| Net Cash Per Share | 7.59 | 10.60 | 12.19 | -1.51 | 0.44 | 36.92 |
| Filing Date Shares Outstanding | 31.95M | 32.33M | 32.40M | 18.43M | 17.96M | 17.71M |
| Total Common Shares Outstanding | 31.95M | 32.42M | 32.27M | 18.37M | 17.94M | 17.71M |
| Book Value Per Share | 18.19 | 17.79 | 15.86 | 15.69 | 14.51 | 13.92 |
| Tangible Book Value | 454.32M | 447.17M | 377.78M | 249.15M | 220.97M | 207.72M |
| Tangible Book Value Per Share | 14.22 | 13.79 | 11.71 | 13.56 | 12.32 | 11.73 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 63.06M | 5.43M | 25.91M | 16.11M | 10.71M | |
| Depreciation & Amortization | 5.62M | 3.64M | 1.92M | 2.00M | 2.01M | |
| Gain (Loss) on Sale of Assets | 863.00K | 4.80M | 768.00K | -722.00K | ||
| Gain (Loss) on Sale of Investments | -1.45M | -939.00K | 1.23M | 1.82M | 268.00K | |
| Total Asset Writedown | 692.00K | 134.00K | 136.00K | |||
| Provision for Credit Losses | -8.82M | 21.69M | 915.00K | 5.96M | 1.20M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 614.00K | 454.00K | 2.65M | -7.10M | ||
| Change in Other Net Operating Assets | 4.29M | 22.09M | -844.00K | -1.18M | 9.03M | |
| Other Operating Activities | 9.15M | -2.17M | -528.00K | -3.69M | -49.00K | |
| Operating Cash Flow | 57.29M | 50.29M | 33.10M | 13.35M | 19.65M | |
| Capital Expenditures | -346.00K | -552.00K | -302.00K | -1.08M | -1.75M | |
| Sale of Property, Plant and Equipment | 3.91M | |||||
| Cash Acquisitions | 336.30M | 115.42M | ||||
| Investment in Securities | -83.97M | 28.89M | -15.29M | -121.65M | -17.60M | |
| Divestitures | -81.47M | |||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 111.86M | 158.39M | -59.28M | -390.24M | 6.43M | |
| Other Investing Activities | 2.21M | 1.63M | -4.05M | -3.64M | -12.51M | |
| Investing Cash Flow | 29.75M | 524.65M | -78.93M | -512.70M | 8.52M | |
| Short-Term Debt Issued | 92.00M | 50.00M | ||||
| Total Debt Issued | 92.00M | 50.00M | ||||
| Short-Term Debt Repaid | -38.00M | -85.00M | -57.00M | |||
| Long-Term Debt Repaid | -3.09M | -213.93M | ||||
| Total Debt Repaid | -38.00M | -85.00M | -57.00M | -3.09M | -213.93M | |
| Net Debt Issued (Repaid) | -38.00M | -85.00M | 35.00M | 46.91M | -213.93M | |
| Issuance of Common Stock | 132.00K | 950.00K | 127.00K | 1.01M | 172.00K | |
| Repurchase of Common Stock | -6.03M | -1.97M | -889.00K | -574.00K | -3.67M | |
| Common Dividends Paid | -3.25M | |||||
| Net Increase (Decrease) in Deposit Accounts | -28.14M | -187.56M | 11.62M | -41.24M | 518.45M | |
| Financing Cash Flow | -75.29M | -273.58M | 45.86M | 6.10M | 301.01M | |
| Net Cash Flow | 11.75M | 301.37M | 33.00K | -493.25M | 329.19M | |
| Free Cash Flow | 56.94M | 49.74M | 32.80M | 12.27M | 17.90M | |
| Free Cash Flow Margin | 30.13% | 46.90% | 33.95% | 14.35% | 26.43% | |
| Free Cash Flow Per Share | 1.74 | 2.02 | 1.76 | 0.67 | 1.20 | |
| Cash Interest Paid | 58.48M | 52.09M | 29.03M | 5.55M | 3.59M | |
| Cash Income Tax Paid | 9.78M | 2.89M | 12.37M | 7.95M | 1.03M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 686.34M | 603.46M | 532.01M | 317.84M | 301.93M | 265.44M |
| Last Close Price | 21.48 | 18.37 | 16.19 | 16.98 | 16.47 | 14.67 |
| PE Ratio | 11.86 | 9.57 | 97.92 | 12.27 | 18.74 | 24.79 |
| PS Ratio | 3.77 | 3.19 | 5.02 | 3.29 | 3.53 | 3.92 |
| PB Ratio | 1.18 | 1.05 | 1.04 | 1.10 | 1.16 | 1.08 |
| P/FCF Ratio | 11.58 | 10.60 | 10.70 | 9.69 | 24.61 | 14.83 |
| P/OCF Ratio | 11.39 | 10.53 | 10.58 | 9.60 | 22.61 | 13.51 |
| Debt / Equity Ratio | 0.03 | 0.09 | 0.17 | 0.40 | 0.30 | 0.12 |
| Debt / FCF Ratio | 0.93 | 1.77 | 3.51 | 6.42 | 1.64 | |
| Net Debt / Equity Ratio | -0.42 | -0.60 | -0.59 | 0.10 | -0.03 | -2.23 |
| Net Debt / FCF Ratio | -6.10 | -6.03 | 0.86 | -0.65 | -30.76 | |
| Return on Equity (ROE) | 10.21% | 11.59% | 1.36% | 9.45% | 6.36% | 5.16% |
| Return on Assets (ROA) | 1.43% | 1.56% | 0.17% | 1.12% | 0.71% | 0.56% |
| Earnings Yield | 8.43% | 10.45% | 1.02% | 8.15% | 5.34% | 4.03% |
| FCF Yield | 8.64% | 9.44% | 9.35% | 10.32% | 4.06% | 6.74% |
| Dividend Yield | 2.23% | 0.54% | ||||
| Payout Ratio | 23.20% | 5.16% | ||||
| Buyback Yield / Dilution | 1.30% | -32.99% | -31.98% | -2.35% | -22.23% | -53.73% |
| Total Shareholder Return | 3.53% | -32.45% | -31.98% | -2.35% | -22.23% | -53.73% |