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California BanCorp (BCAL) Caps 2025 with Profit Growth and Strong Capital Returns
Yahoo Finance· 2026-01-31 21:00
Core Insights - California BanCorp (NASDAQ:BCAL) reported a profit of $16.4 million for Q4 2025, translating to $0.50 per diluted share, and continued its capital return strategy by repurchasing shares [2] - The board declared a quarterly dividend of $0.10 per common share, amounting to total distributions of $3.3 million, with tangible book value per share increasing to $13.79, up by $0.40 from the previous quarter [3] - Management highlighted 2025 as a pivotal year due to the successful integration of a 2024 merger, which enhanced the bank's market presence and improved credit quality while reducing reliance on higher-cost deposits [4] Financial Performance - The company earned $16.4 million in Q4 2025, equating to $0.50 per diluted share [2] - A total of 122,428 shares were repurchased at an average price of $16.37, costing $2.0 million [2] - The declared quarterly dividend was $0.10 per share, leading to total distributions of $3.3 million [3] Strategic Developments - The successful integration of the 2024 merger was a key factor in the company's growth, expanding its presence in key California markets [4] - The bank has reduced exposure to higher-risk loans and improved overall credit quality while growing core deposits [4] - California BanCorp is focusing on organic loan and deposit growth and has added experienced bankers to its Northern California team [5]
Southern California Bancorp(BCAL) - 2025 Q4 - Annual Results
2026-01-28 13:06
Exhibit 99.1 "2025 was a transformational year for California BanCorp, with the successful completion and integration of our 2024 merger that extended our footprint over all the best markets in California," said David Rainer, Chairman and CEO of the Company and Bank. "During the last year we also restructured and derisked our balance sheet. We reduced high-risk loans, improving our credit profile, and terminated our dependence on high cost brokered deposits while growing core deposits, lowering our cost of ...
CALIFORNIA BANCORP REPORTS NET INCOME OF $16.4 MILLION FOR THE FOURTH QUARTER AND $63.1 MILLION FOR THE FULL YEAR OF 2025
Globenewswire· 2026-01-28 13:00
San Diego, Calif., Jan. 28, 2026 (GLOBE NEWSWIRE) -- California BanCorp (“us,” “we,” “our,” or the “Company”) (NASDAQ: BCAL), the holding company for California Bank of Commerce, N.A. (the “Bank”) announces its consolidated financial results for the fourth quarter and full year of 2025. The Company reported net income of $16.4 million, or $0.50 per diluted share, for the fourth quarter of 2025, compared to $15.7 million, or $0.48 per diluted share for the third quarter of 2025, and $16.8 million, or $0.51 p ...
CALIFORNIA BANK OF COMMERCE ADDS TWO VETERAN COMMERCIAL BANKERS TO ITS NORTHERN CALIFORNIA TEAM
Globenewswire· 2026-01-26 13:00
San Diego, Calif., Jan. 26, 2026 (GLOBE NEWSWIRE) -- California BanCorp (the “Company”) (Nasdaq: BCAL), the holding company for California Bank of Commerce, N.A. (the “Bank”), announces that the Bank has hired two seasoned commercial bankers to strengthen its presence in its Northern California footprint. Linda Wang has joined our San Jose office, and Angel Herrera has joined our Walnut Creek office. Both will report to Chris Barr, Regional Market President – Northern California. Linda Wang joins the Bank a ...
These Are The Stock Market's Newest Dividend Payers
Forbes· 2026-01-25 18:00
Core Insights - The article discusses seven new dividend payouts from various companies, highlighting their potential as investment opportunities due to initial high yields and growth prospects [2][3] Group 1: Tutor Perini (TPC) - Tutor Perini announced its first dividend of $0.06 per share with a yield of 0.3%, marking a significant turnaround after three years of net losses [4][5] - The company reported record operating cash flow of $574.4 million and a backlog of $21.6 billion by Q3 2025, leading to a tripling of its share price in 2025 [5] - For full-year 2025, Tutor Perini is expected to report a profit of $4.10 per share, with the dividend representing only 6% of earnings, indicating room for future increases [6] Group 2: Orla Mining (ORLA) - Orla Mining initiated a quarterly dividend of $0.015 with a yield of 0.4%, transitioning from a junior miner to a mid-tier producer [7][8] - The company experienced a 143% increase in share price in 2025 and is expected to report a smaller profit for 2025 after doubling its net income in 2024 [9] - Future dividend growth may be limited due to the cyclical nature of mining profits, but management is confident in the sustainability of profits [10] Group 3: ePlus (PLUS) - ePlus announced a quarterly dividend of $0.25 with a yield of 1.1%, providing IT and professional services [12] - The company has seen a 2,000% increase in share price over the past 15 years, but is currently navigating mixed financial results [13][14] - Revenue growth is expected to be high-single-digit, but earnings per share are projected to decline in the current fiscal year [14] Group 4: Visteon (VC) - Visteon initiated a quarterly dividend of $0.275 with a yield of 1.2%, focusing on automotive technology [15][16] - After a history of volatility and declining net income, the company has shown a stable rebound in profits during the 2020s [17] - Despite the dividend announcement, the stock experienced a selloff following the first payment [17] Group 5: G-III Apparel Group (GIII) - G-III announced a quarterly dividend of $0.10 with a yield of 1.3%, operating in the apparel sector [18][19] - The company has seen steady net income, despite a loss in fiscal 2023 due to brand writedowns and supply chain issues [19][20] - G-III's dividend announcement reflects a strategy to attract shareholders amid limited growth prospects [20] Group 6: California BanCorp (BCAL) - California BanCorp initiated a quarterly dividend of $0.10 with a yield of 2.2%, showing rapid revenue growth from $13.6 million in 2015 to $180 million in 2024 [21][22] - Despite the growth, the company's stock has not seen significant appreciation, but the dividend may change investor sentiment [23] Group 7: Carnival Corp. (CCL) - Carnival Corp. announced a quarterly dividend of $0.15 with a yield of 2.1%, marking a resumption of its dividend program suspended during COVID-19 [24][26] - The company reported a substantial profit in 2024, returning to pre-COVID profit levels in 2025, indicating recovery from the pandemic's impact [26]
CALIFORNIA BANCORP ANNOUNCES RETIREMENT OF CEO STEVEN SHELTON AND APPOINTMENT OF DAVID RAINER AS CEO
Globenewswire· 2026-01-07 13:00
San Diego, Calif., Jan. 07, 2026 (GLOBE NEWSWIRE) -- California BanCorp (the “Company”) (Nasdaq: BCAL), the holding company for California Bank of Commerce, N.A. (the “Bank”), announces that Steven Shelton has retired from the position of Chief Executive Officer and Director of the Company and the Bank, effective as of December 31, 2025. Mr. Shelton will continue to work with the Company and Bank through December 31, 2026, in an advisory capacity. David Rainer has been appointed by the Company’s Board of Di ...
Community Resilience, Company Action: Progress in Wildfire Recovery
Businesswire· 2025-12-31 16:45
Core Insights - Southern California Edison (SCE) is actively supporting communities in Southern California affected by the January Palisades and Eaton fires through its Wildfire Recovery Compensation Program, which aims to provide direct compensation to eligible individuals and businesses [1][2] Compensation Program Overview - The Wildfire Recovery Compensation Program is a voluntary initiative designed to offer fair and quick resolutions to claims, allowing community members to receive financial support without the delays of litigation [2] - The program was developed with input from over 1,000 community members and has undergone more than 50 updates to enhance eligibility and simplify documentation requirements [3][4] Program Participation and Claims - As of the end of December, 1,748 claims have been submitted, with 51 offers extended totaling $21.98 million, and 27 claims payments made, reflecting SCE's commitment to swift relief [8] - Claimants receive settlement offers within 90 days of a substantially complete claim, with payments made within 30 days after all conditions are met [9] Infrastructure and Recovery Efforts - SCE is investing in infrastructure improvements to mitigate future wildfire risks, including plans to underground approximately 153 distribution circuit miles in areas like Altadena and Malibu [11] - The company is also deploying advanced grid technologies to enhance maintenance and service restoration [12] Investigation Update - SCE is conducting an ongoing investigation into the Eaton Fire, with preliminary findings suggesting that SCE equipment may have been associated with the ignition of the fire [13][14]
MarketBeat’s Top-Rated Dividend Stocks for 2026
Yahoo Finance· 2025-12-30 16:23
分组1 - Ultrapar Participações S.A. is a Brazilian diversified holding company with significant operations in downstream energy distribution, logistics, and chemical products, making it a dominant player in South American energy infrastructure [2] - The company has shown strong performance with shares up 42% year-to-date (YTD), excluding dividends, and offers a high dividend yield of 7.48%, which is significantly above sector averages [1][7] - Ultrapar's five-year dividend growth rate has seen a modest decline, but management remains committed to returning capital, as evidenced by a special dividend declaration of nearly 19 cents per share [7] 分组2 - The stock has a consensus rating score of 3.42, the highest among its peers, with all seven analysts rating it a Buy, and a consensus price target of $4.50, indicating nearly 20% upside potential [8] - Ultrapar's P/E ratio stands at 7.94, making it attractive to both income and value investors [8] - The overall market environment suggests that disciplined dividend strategies remain relevant, especially as investors seek durable cash flows and consistent execution [6][23]
What Makes California BanCorp (BCAL) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-12-18 18:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1] Company Overview: California BanCorp (BCAL) - California BanCorp currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [4] Price Performance - Over the past week, BCAL shares increased by 0.71%, while the Zacks Banks - Southwest industry rose by 2.12% [6] - In a longer timeframe, BCAL's monthly price change is 6.15%, outperforming the industry's 5.85% [6] - Over the last quarter, BCAL shares have risen by 13.58%, and by 17.34% over the past year, compared to the S&P 500's increases of 2.16% and 12.81%, respectively [7] Trading Volume - BCAL's average 20-day trading volume is 170,759 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for BCAL has increased, raising the consensus estimate from $1.74 to $1.86 [10] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [10] Conclusion - Given the strong performance metrics and positive earnings outlook, BCAL is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a compelling investment option [12]
California BanCorp. Stock: A High-Performing Bank In The Golden State (NASDAQ:BCAL)
Seeking Alpha· 2025-12-15 02:47
Core Insights - California BanCorp (BCAL) shareholders experienced a significant stock decline of 25% from the beginning of the year until mid-April [1] Group 1: Stock Performance - The stock of California BanCorp dropped 25% from the start of the year through the second week of April [1] Group 2: Market Perspective - The financial markets are viewed as efficient, with most stocks reflecting their real current value, suggesting that opportunities for profit may arise from less-followed stocks or those not accurately reflecting market opportunities [1]