Brief: California Bancorp Posts Q4 Earnings Per Share $0.22

California BanCorp

29/01/2021 01:11

Jan 28 (Reuters) - California BanCorp  CALB.O :
    * REPORTS FINANCIAL RESULTS FOR THE FOURTH QUARTER AND
TWELVE
MONTHS ENDED DECEMBER 31, 2020
    * Q4 REVENUE ROSE 12 PERCENT TO $13.7 MILLION
    * Q4 EARNINGS PER SHARE $0.22
    * Q4 REVENUE OF $13.7 MILLION INCREASED $1.5 MILLION, OR
12%,
COMPARED TO $12.2 MILLION FOR Q3 OF 2020
    * NET INTEREST INCOME FOR QUARTER ENDED DEC 31 WAS $12.8
MILLION,
UP $1.6 MILLION OR 14%, OVER $11.2 MILLION VERSUS THREE MONTHS
ENDED SEPT 30, 2020
    * COMPANY'S NET INTEREST MARGIN FOR QUARTER WAS 2.66%
COMPARED TO
2.41% FOR Q3 OF 2020 AND 3.90% FOR SAME PERIOD IN 2019

Source text for Eikon:  ID:nGNXbGkf1G 
Further company coverage:  CALB.O 

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