California BanCorp declares $0.10 cash dividend
California BanCorp announced that its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share on its common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
California BanCorp announced that its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share on its common stock. The dividend will be paid on April 15, 2026 to shareholders of record as of the close of business on March 24, 2026.
California BanCorp, the holding company for California Bank of Commerce, N.A., is a San Diego-based bank holding company offering financial products and services through 14 branch offices and four loan production offices serving customers across California.
Insights
California BanCorp maintains a regular quarterly cash dividend of $0.10 per share.
California BanCorp declared a regular quarterly cash dividend of $0.10 per share, payable on April 15, 2026 to shareholders of record on March 24, 2026. This reflects the board’s decision to continue returning some capital directly to common shareholders.
As a bank holding company with 14 branches and four loan production offices in California, the decision suggests confidence in ongoing earnings and capital levels sufficient to support a recurring payout. However, the exact proportion of earnings or capital being distributed is not detailed in the excerpt.
Future disclosures in periodic reports will provide more context on how this dividend fits within overall capital management, including loan growth, regulatory capital ratios, and any changes in the dividend level over time.
8-K Event Classification
FAQ
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):
CALIFORNIA BANCORP
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification Number) |
| (Address of Principal Executive Offices) | (Zip Code) |
(Registrant’s Telephone Number, Including Area Code)
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
| Item 8.01 | Other Events |
On March 12, 2026, the Board of Directors of California BanCorp (the “Company”) approved the Company’s quarterly cash dividend of $0.10 per share on its common stock. This dividend will be payable on April 15, 2026, to holders of its common stock of record as of the close of business on March 24, 2026.
| Item 9.01 | Financial Statements and Exhibits |
| Exhibit No. | Description | |
| 99.1 | Press release dated March 12, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CALIFORNIA BANCORP | ||
| Date: March 12, 2026 | By: | /s/ David I. Rainer |
| David I. Rainer | ||
| Chief Executive Officer | ||
Exhibit 99.1
CALIFORNIA BANCORP DECLARES CASH DIVIDEND
San Diego, Calif., March 12, 2026 – 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
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