Filing Flows › California BanCorp (BCAL) › Q3 2026
California BanCorp (BCAL) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
California BanCorp (BCAL) reported revenue of $46.0M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +3% from the quarter before. Operating margin was 40.0%, net earnings $14.0M (30.4% of revenue).
California BanCorp, Q3 2026: revenue $46.0M (+2% year over year), operating margin 40.0%, net earnings $14.0M, operating cash flow $8.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $46.0M | +3% | +2% |
| Operating profit | $18.4M | -7% | -16% |
| Net earnings | $14.0M | -2% | -11% |
| Operating cash flow | $8.1M | -45% | -49% |
| Free cash flow | $7.9M | -45% | -50% |
What changed
Revenue was $46.0M in Q3 2026, up 2% year over year and up 3% from the previous quarter. Net interest income was the largest line at 96% of revenue. Net interest income added $1.6M year over year (up 4%), 189% of the total change. Noninterest income declined 29%.
Operating profit was $18.4M, a 40.0% margin (down 8.3 points year over year). Operating profit fell $3.4M even though revenue rose $863K versus a year earlier, so costs grew faster than sales. Total costs grew 18% against revenue growth of 2%. Net earnings were $14.0M, down 11% year over year. The effective tax rate was 23.9%.
Operating cash flow was $8.1M (down 49% year over year), 58% of net earnings. Non-cash charges added back $1.1M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items used $8.4M. Capital expenditures of $200K left free cash flow of $7.9M.
Questions
What was California BanCorp's revenue in the third quarter 2026?
California BanCorp (BCAL) reported revenue of $46.0M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +3% from the quarter before.
Was California BanCorp profitable in the third quarter 2026?
Operating profit was $18.4M (40.0% of revenue) and net earnings $14.0M.
Source: California BanCorp 10-Q on SEC EDGAR.