earnings
confidence high
sentiment positive
materiality 0.75
California BanCorp Q3 net income rises to $15.7M; deposits up $147.4M; NPA ratio falls to 0.38%
California BanCorp \ CA
2025-Q3 EPS reported
$1.42
- Net income of $15.7M ($0.48 diluted EPS) vs $14.1M in Q2 2025 and a net loss of $16.5M in Q3 2024.
- Net interest margin 4.52% vs 4.61% prior quarter; total assets $4.10B up from $3.95B.
- Nonperforming assets to total assets ratio declined to 0.38% from 0.46% at June 30, 2025.
- Repurchased 89,500 shares at avg $15.22 for $1.4M; redeemed $20M subordinated notes.
- Tangible book value per share increased to $13.39 from $12.82 in prior quarter.