CalPrivate Bank Q4 net interest margin improves on lower deposit costs

Private Bancorp of America

16/01/2026 13:11

Overview

California bank's Q4 net income was $10 mln, a decrease from the previous year

Net interest margin improved to 4.84% due to lower deposit costs

Core deposits increased 13.9% yr/yr, while total deposits declined from Q3

Outlook

Company plans continued investments in technology and team members in 2026

CalPrivate Bank aims to reduce criticized and non-performing assets

Company sees healthy loan pipelines entering Q1 2026

Result Drivers

LOAN GROWTH - Strong loan growth, particularly in commercial and industrial loans, contributed to an increase in loans held-for-investment

DEPOSIT COST MANAGEMENT - Net interest margin improved due to proactive management of deposit pricing, resulting in lower deposit costs

TECHNOLOGY INVESTMENTS - Significant investments in technology and infrastructure were made to enhance client service and operational capabilities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$1.71
Q4 Net Income
$9.95 mln
Q4 Net Interest Income
$31.05 mln
Q4 Basic EPS
$1.73
Q4 Pretax Profit
$14.18 mln
Q4 Provision for Credit Losses
$2.56 mln


Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for CalPrivate Bank is $74.00, about 28.6% above its January 15 closing price of $57.53

Press Release: ID:nGNX7VBnwD

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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.)