AI brief of an SEC Form 8-K · California BanCorp \ CA (BCAL)

California BanCorp Q2 profit rises to $14.3 million; dividend raised to $0.12

Positive Impact 3 of 5 earnings Written later

California BanCorp reported second-quarter 2026 net income of $14.3 million, or $0.44 per diluted share, up from $13.8 million, or $0.42, in the first quarter. Its board also approved a quarterly dividend of $0.12 per share, up $0.02 from the prior quarter, payable October 15, 2026. Nonperforming assets fell to 0.44% of total assets from 0.97%, which shows improved credit quality for shareholders.

Key points

  • Net income of $14.3 million, or $0.44 per diluted share, versus $13.8 million, or $0.42, in Q1 2026
  • Net interest margin of 4.71%, compared with 4.47% in the prior quarter
  • Nonperforming assets were 0.44% of total assets at June 30, 2026, down from 0.97% at March 31, 2026
  • Quarterly dividend of $0.12 per share payable October 15, 2026, to holders of record on September 21, 2026

The filing

CompanyCalifornia BanCorp \ CA (BCAL)
Form8-K, current report
Filed with the SECJul 27, 2026, 8:10 AM ET
Accession number0001493152-26-034705

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 27, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.