California Bancorp Q2 FY26 net income rises 3.7% to $14.3 million; net interest margin widens 24 percentage points to 4.71% - BCAL News | RalliesCalifornia Bancorp Q2 FY26 net income rises 3.7% to $14.3 million; net interest margin widens 24 percentage points to 4.71%
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BCAL• Q2 results and balance sheet trends
- California Bancorp posted Q2 2026 net income of $14.3 million, or $0.44 per diluted share, up 3.69% from Q1 2026.
- Net interest margin widened 24 basis points from Q1 2026 to 4.71%, while the provision for credit losses was $714,000 versus a $381,000 reversal.
- Total loans, including loans held for sale, rose 3.8% from Q1 2026 to $3.11 billion; total assets edged down 0.6% to $4.03 billion.
- Nonperforming loans fell 70.9% from Q1 2026 to $8.9 million, cutting nonperforming assets to total assets to 0.44% from 0.97%.
Dividend increase and debt redemption plan
- The board lifted the quarterly dividend by $0.02 to $0.12 per share, payable , and plans to redeem of in Q3 2026.
Oct. 15, 2026
$35 million
3.50% subordinated debt
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