California Bancorp/$BCAL

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About California Bancorp

California BanCorp is a relationship-focused community bank offering commercial loan and deposit products, along with other services delivered directly or through strategic alliances, to business and individual customers in its target markets. The Company provides financial products and services to individuals, professionals, and small to medium-sized businesses through its branch and commercial banking offices serving California. Its lending products consist mainly of construction and land development loans, real estate loans, C&I loans, and consumer loans, and it is a Preferred SBA Lender, while its deposit products consist mainly of demand deposit, money market, and certificates of deposit. The Company operates in one reportable segment, commercial banking.
Ticker
$BCAL
Sector
Finance
Primary listing
NASDAQ
Employees
297

BCAL Metrics

BasicAdvanced
$701M
11.85
$1.84
0.29
$0.30
1.83%

Bulls say / Bears say

Q2 2026 earnings improved sequentially, with net income rising to $14.3 million and pre-tax, pre-provision income increasing 9.9%; the efficiency ratio also improved to 54.22% from 57.69%. (California Bank of Commerce)
Net interest margin expanded 24 basis points to 4.71%, supported by higher loan yields, while loans held for investment increased $121.9 million during Q2. This indicates continued lending momentum in the company’s commercial banking franchise. (California Bank of Commerce)
Credit metrics improved materially in Q2: nonperforming loans fell 70.9% to $8.9 million, nonperforming assets declined 55.3% to $17.5 million, and tangible common equity rose to 11.77% of tangible assets. The company also increased its quarterly dividend to $0.12 per share and continued repurchasing stock. (California Bank of Commerce)
Credit risk remains a key concern despite improved headline asset quality: California BanCorp recorded a $1.1 million loan-loss provision in Q2 2026, while $14.9 million of pass-rated loans were downgraded to substandard during the quarter. (California Bank of Commerce)
Deposit balances declined by $34.4 million sequentially, and the cost of total deposits increased to 1.31% from 1.29%; continued competition for funding could pressure future net interest margins. (California Bank of Commerce)
Balance-sheet sensitivity is rising: commercial real-estate and other real-estate loans drove much of Q2 loan growth, while after-tax unrealized losses on available-for-sale securities increased to $5.3 million. A weaker California property market or higher long-term rates could pressure capital and credit performance. (California Bank of Commerce)
Data summarised monthly by Lightyear AI. Last updated on 10 Sept 2026.

Funds containing BCAL

Funds
Fund name
Fund size
$BCAL weighting
SPDR Russell 2000 US Small Cap€R2US
€4.8B0.02%
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