10-Q quarterly report · filed May 8, 2026

California BanCorp CA (BCAL) Q1 2026 10-Q Quarterly Report

Short answer

California BanCorp CA (BCAL) filed its Q1 2026 10-Q quarterly report on May 8, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $54M (down 5.3% year over year) with net income of $14M.

Q1 2026 key financials · XBRL

Revenue
$54M
−5.3% YoY
Net income
$14M
−18.2% YoY
EPS (diluted)
$0.42
−19.2% YoY

Source: XBRL data from the California BanCorp CA (BCAL) Q1 2026 10-Q on SEC EDGAR. USD.

California BanCorp CA Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Market headwinds: 2026 inflation forecast 2.7%, California unemployment forecast 5.6%
  • CRE concentration 450% of risk-based capital; construction and land-development loans 27%
  • CRE non-performing loans $28.7M; OREO $8.6M at March 31, 2026
  • Accumulated other comprehensive loss $3.8M vs $1.6M at December 31, 2025
  • Clients delaying or reassessing projects amid economic and trade uncertainty

Risk Factors

  • Risk Factors section not provided in submitted excerpt
  • Share-repurchase activity: 409,915 shares repurchased during quarter at average $18.08
  • Remaining repurchase authorization: 978,157 shares under program with no expiration date
  • Senior securities: no defaults reported during quarter
  • Trading-plan compliance: no director or executive officer adopted or terminated a Rule 10b5-1 arrangement

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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