California Bancorp Reports Net Income of $16.8 Million for the Fourth Quarter and $5.4 Million for the Full Year of 2024.

The Company reported net income of $16.8 million, or $0.51 per diluted share, for the fourth quarter of 2024, compared to a net loss of $16.5 million, or $0.59 per diluted share for the third quarter of 2024, and net income of $4.4 million, or $0.24 per diluted share for the fourth quarter of 2023. The Company reported […]
Southern California Bancorp and California Bancorp Announce Receipt of Regulatory Approval for Merger of Equals

SAN DIEGO and OAKLAND, Calif., May 13, 2024 (GLOBE NEWSWIRE) — Southern California Bancorp (Nasdaq: BCAL) and California BanCorp (Nasdaq: CALB) announce they have received required regulatory approvals from the Office of the Comptroller of the Currency and the Federal Reserve Bank of San Francisco necessary to complete their previously announced merger of equals between […]