California Bancorp reports results for the quarter ended June 30 - Earnings Summary

California Bancorp

27/07/2026 14:31

California Bancorp BCAL.OQ reported quarterly adjusted earnings of 44 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 43 cents.  The mean expectation of three analysts for the quarter was for earnings of 40 cents per share. Wall Street expected results to range from 40 cents to 41 cents per share.
Revenue rose 1.4% to $44.91 million from a year ago; analysts expected $45.09 million. 
California Bancorp's reported EPS for the quarter was 44 cents​.
The company reported quarterly net income of $14.3 million.
California Bancorp shares had risen by 0.9% this quarter and gained 12.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy" 
Wall Street's median 12-month price target for California Bancorp is $23.00, about 8.6% above its last closing price of $21.02
This summary was machine generated from LSEG data July 27 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.40
0.44
Beat
Mar. 31 2026 
0.40
0.42
Beat
Dec. 31 2025 
0.43
0.50
Beat
Sep. 30 2025 
0.39
0.48
Beat