California Bancorp FY net income rises to USD 63.1 million, up over 10 times year-on-year

Reuters
2026.01.28 13:00
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California Bancorp reported a significant increase in net income for FY 2025, rising to USD 63.1 million, over 10 times higher than the previous year. In Q4 2025, net income was USD 16.4 million, or USD 0.50 per diluted share. The company also reported strong loan interest and fees of USD 195.9 million for the full year, alongside successful merger integration and a new quarterly dividend program.