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Southern California Bancorp(BCAL) - 2025 Q1 - Quarterly Results
BCALSouthern California Bancorp(BCAL)2025-04-24 12:05

Exhibit 99.1 CALIFORNIA BANCORP REPORTS NET INCOME OF 16.9MILLIONFORTHEFIRSTQUARTEROF2025SanDiego,Calif.,April24,2025–CaliforniaBanCorp("us,""we,""our,"orthe"Company")(NASDAQ:BCAL),theholdingcompanyforCaliforniaBankofCommerce,N.A.(the"Bank")announcesitsconsolidatedfinancialresultsforthefirstquarterof2025.TheCompanyreportednetincomeof16.9 MILLION FOR THE FIRST QUARTER OF 2025 San Diego, Calif., April 24, 2025 – 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 first quarter of 2025. The Company reported net income of 16.9 million, or 0.52perdilutedshare,forthefirstquarterof2025,comparedto0.52 per diluted share, for the first quarter of 2025, compared to 16.8 million, or $0.51 per diluted s ...