California BanCorp (BCAL) Caps 2025 with Profit Growth and Strong Capital Returns

California BanCorp (NASDAQ:BCAL) is included among the 13 Companies that Just Started Paying Dividends.

California BanCorp (BCAL) Caps 2025 with Profit Growth and Strong Capital Returns

California BanCorp (NASDAQ:BCAL) reported its fourth-quarter 2025 results on January 28. The company earned $16.4 million during the quarter, equal to $0.50 per diluted share. It also continued returning capital, repurchasing 122,428 shares at an average price of $16.37. The total cost came to $2.0 million under its existing buyback program.

The board declared a quarterly dividend of $0.10 per common share, representing $3.3 million in total distributions. Tangible book value per share, a non-GAAP measure, stood at $13.79 at December 31, 2025. That marked an increase of $0.40 from the prior quarter.

Management described 2025 as a turning point for the company. A major factor was the successful integration of its 2024 merger, which expanded the bank’s presence across several key California markets. The bank reduced exposure to higher-risk loans, improved overall credit quality, and lowered its reliance on higher-cost brokered deposits. At the same time, it grew core deposits, helping to bring funding costs down.

California BanCorp added experienced bankers to its Northern California team and continues to prioritize organic loan and deposit growth. Management said it remains confident in the company’s long-term outlook.

California BanCorp (NASDAQ:BCAL) is the holding company for California Bank of Commerce, N.A. The bank serves individuals, professionals, and small to mid-sized businesses. It operates roughly 14 branch offices and four loan production offices across Northern and Southern California.

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