California Banp(CALB) - 2024 Q1 - Quarterly Results

Oakland, CA – April 29, 2024 – California BanCorp (NASDAQ: CALB) (the "Company"), whose subsidiary is California Bank of Commerce, announced today its financial results for the first quarter ended March 31, 2024. Exhibit 99.1 The Company reported net income of $3.8 million for the first quarter of 2024, representing a decrease of$1.5 million, or 29%, compared to $5.3 million for the fourth quarter of 2023 and a decrease of$1.6 million, or 30%, compared to $5.4 million in the first quarter of 2023. Excludi ...