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California BanCorp Q4 2023 Earnings Report

California BanCorp EPS Results

Actual EPS
$0.63
Consensus EPS
$0.61
Beat/Miss
Beat by +$0.02
One Year Ago EPS
N/A

California BanCorp Revenue Results

Actual Revenue
$29.74 million
Expected Revenue
$20.10 million
Beat/Miss
Beat by +$9.64 million
YoY Revenue Growth
N/A

California BanCorp Announcement Details

Quarter
Q4 2023
Time
Q4 2023 Earnings Release

California BanCorp Earnings Headlines

Earnings Summary: California BanCorp Q4
A deadly mistake in my prediction…
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
2024 California Elections
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About California BanCorp

California BanCorp (NASDAQ:CALB) operates as the bank holding company for California Bank of Commerce that provides commercial banking services to businesses and professionals in California. It accepts various deposit products, including commercial checking, savings, and money market accounts, as well as certificates of deposit. The company also offers asset-based lending loans; commercial letters of credit; construction and development loans; real estate loans, such as commercial real estate loans and other loans; small business administration (SBA) loans, including SBA 7(a) and SBA 504 loans; consumer loans, such as secured and unsecured installment loans, and revolving lines of credit; and commercial and industrial loans, including term loans, working capital, accounts receivable and inventory financing, and other business loans to the dental and veterinary industries, contractors, and emerging companies. In addition, it provides foreign exchange, treasury and cash management, and online and mobile banking services. California BanCorp was founded in 2007 and is headquartered in Oakland, California.

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