California BanCorp Q4 Profit Dips
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California BanCorp (BCAL) reported a Q4 net income of $16.42 million ($0.50 per share), a slight decrease from $16.77 million ($0.51 per share) a year earlier. Net interest income also fell to $42.91 million from $44.54 million in the same quarter of 2024. The company noted a reversal of provision for credit losses of $4.4 million, up from $3.84 million last year. Shares closed at $18.43, down 0.16%.
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