CalPrivate Bank's Q3 EPS falls, bad loans increase

Private Bancorp of America

17/10/2025 13:13

Overview

CalPrivate Bank Q3 net income rises 2.6% yr/yr to $9.7 mln

Diluted EPS for Q3 was $1.65, down from $1.77 in prior quarter

Core deposits increased 5.8% from prior quarter, brokered deposits decreased 65.7% yr/yr

Outlook

Company notes strong pipelines going into the fourth quarter

CalPrivate Bank focuses on expanding relationships and opening new branches

Company maintains a disciplined approach to lending amid slow loan growth

Result Drivers

INTEREST INCOME REVERSAL - Q3 results affected by $1.3 mln reversal of interest income from loans placed on nonaccrual

CORE DEPOSIT GROWTH - Core deposits increased by $121.1 mln or 5.8% from prior quarter, reflecting strategic focus

CREDIT LOSS PROVISION - Provision for credit losses rose to $1.8 mln, driven by increased reserves for nonaccrual loans

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$1.65
Q3 Net Income
$9.70 mln
Q3 Net Interest Income
$29.33 mln
Q3 Basic EPS
$1.67
Q3 Pretax Profit
$13.80 mln
Q3 Provision for Credit Losses
$1.79 mln


Press Release: ID:nGNX6kJ6zK

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)