CALIFORNIA BANCORP DECLARES CASH DIVIDEND

Rhea-AI Summary

California Bancorp (Nasdaq: BCAL) declared a regular quarterly cash dividend of $0.10 per share. The Board set a record date of March 24, 2026 and expects payment on April 15, 2026 to holders of common stock.

Positive

• $0.10 per share regular quarterly cash dividend declared
• Scheduled payment on April 15, 2026 provides near-term shareholder income

Negative

• Dividend amount is modest relative to larger issuers
• No accompanying guidance on dividend sustainability or future changes

San Diego, Calif., March 12, 2026 (GLOBE NEWSWIRE) -- California Bancorp (Nasdaq: BCAL), the holding company for California Bank of Commerce, N.A., announces that its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share to holders of its common stock. The dividend is expected to be paid on April 15, 2026, to shareholders of record at the close of the business day on March 24, 2026.

ABOUT CALIFORNIA BANCORP

California BanCorp (NASDAQ: BCAL) is a registered bank holding company headquartered in San Diego, California. California Bank of Commerce, N.A., a national banking association chartered under the laws of the United States (the “Bank”) and regulated by the Office of Comptroller of the Currency, is a wholly owned subsidiary of California BanCorp. Established in 2001 and headquartered in San Diego, California, the Bank offers a range of financial products and services to individuals, professionals, and small to medium-sized businesses through its 14 branch offices and four loan production offices serving California. The Bank’s solutions-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. Additional information is available at www.bankcbc.com.

INVESTOR RELATIONS CONTACT
Kevin Mc Cabe
California Bank of Commerce
kmccabe@bankcbc.com
818.637.7065

FAQ

What dividend did California Bancorp (BCAL) declare on March 12, 2026?

California Bancorp declared a regular quarterly cash dividend of $0.10 per share. According to California Bancorp, the dividend is payable to common shareholders of record on March 24, 2026, with payment expected on April 15, 2026.

When is the record date and payment date for BCAL's March 12, 2026 dividend?

The record date is March 24, 2026 and the expected payment date is April 15, 2026. According to California Bancorp, shareholders of record at the close of business on March 24 will receive the dividend on the stated April payment date.

How will the BCAL dividend of $0.10 per share affect shareholders' cash flow in April 2026?

Shareholders of record will receive a cash payment on April 15, 2026, increasing near-term cash income. According to California Bancorp, the dividend is a regular quarterly cash distribution to holders of common stock.

Does California Bancorp (BCAL) provide guidance on future dividends with the March 12, 2026 declaration?

The announcement declares a quarterly dividend but does not provide forward guidance on future dividends. According to California Bancorp, the Board declared the $0.10 dividend with the March 24, 2026 record date and April 15, 2026 payment date.

Who is eligible to receive the BCAL dividend declared on March 12, 2026?

Holders of California Bancorp common stock on the record date of March 24, 2026 are eligible. According to California Bancorp, eligible shareholders of record at the close of business on that date should expect payment on April 15, 2026.