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California BanCorp Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2023
CALBCalifornia Banp(CALB) Newsfilter·2024-01-30 11:30

OAKLAND, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- California BanCorp (NASDAQ:CALB) (the "Company"), whose subsidiary is California Bank of Commerce, announced today its financial results for the fourth quarter and twelve months ended December 31, 2023. The Company reported net income of 5.3millionforthefourthquarterof2023,comparedto5.3 million for the fourth quarter of 2023, compared to 5.4 million for the third quarter of 2023 and 7.7millionforthefourthquarterof2022.ForthetwelvemonthsendedDecember31,2023,netincomewas7.7 million for the fourth quarter of 2022. For the twelve months ended December 31, 2023, net income was 21.6 millio ...