California BanCorp
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Steven E. Shelton
- Full Time Employees
- 169
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 1300 Clay Street Oakland CA United States of America 94612-1427
- IPO Date
- Feb 7, 2018
- CIK
- 0001752036
- Website
- californiabankofcommerce.com
- Similar Companies
- Business
- California BanCorp (NASDAQ: CALB), the holding company for California Bank of Commerce, N.A., operates as a regional bank providing commercial banking services to individuals, professionals, small- to medium-sized businesses, and closely held companies primarily in California. The bank offers deposit products including commercial checking accounts, savings accounts, money market accounts, and certificates of deposit; lending solutions such as commercial and industrial loans, asset-based lending loans, real estate loans encompassing commercial real estate and construction/development financing, Small Business Administration (SBA) 7(a) and 504 loans, consumer installment loans, revolving lines of credit, and specialized loans to dental, veterinary, contractor, and emerging industry clients; and additional services comprising treasury and cash management, foreign exchange, commercial letters of credit, online banking, mobile banking, and trade finance. Founded in 2007 and formerly known as California Bank of Commerce until its name change in June 2017, the company maintains its headquarters in Oakland, California, with operations conducted through branch offices and loan production offices focused on Northern and statewide California markets. In July 2024, California BanCorp completed a merger of equals with Southern California Bancorp (NASDAQ: BCAL) in an all-stock transaction valued at approximately $217 million, under which each CALB share was exchanged for 1.59 shares of BCAL common stock; the combined entity, operating under the California Bancorp name with California Bank of Commerce and Bank of Southern California, N.A. merged into a single national banking association, now manages approximately $4.2 billion to $4.6 billion in assets, 14 full-service branches, and expanded geographic coverage across Northern and Southern California including Orange, Los Angeles, Riverside, San Diego, Ventura counties, the Inland Empire, and Bay Area locations. This strategic combination enhances scale, market share in mid-market business banking, deposit base strength, and product offerings while retaining complementary footprints in California's premier markets; full system integration concluded by September 2024. The bank continues to emphasize a relationship-based model with direct access to decision-makers, serving diverse sectors through its solutions-driven approach.
California BanCorp Is A Mini California Gold Rush
Post Heads West: New York Post Media Group Launches "The California Post"
Southern California Bancorp and California Bancorp Complete Merger of Equals
California Bank of Commerce (CALB) Reports Q2 Loss, Lags Revenue Estimates
California BanCorp Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2024
SHAREHOLDER ALERT: The M&A Class Action Investigates the Merger and Upcoming Vote on July 17, 2024, of California BanCorp - CALB
URGENT ALERT: The M&A Class Action Investigates the Merger and Upcoming Vote on July 17, 2024, of California BanCorp - CALB
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Swiss National Bank Boosts Stake in Banc of California, Inc. (NYSE:BANC)
Southern California Bancorp and California Bancorp Announce Receipt of Regulatory Approval for Merger of Equals
CALIFORNIA BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of California BanCorp - CALB
California Bank of Commerce (CALB) Tops Q1 Earnings Estimates
California BanCorp Reports Financial Results for the First Quarter Ended March 31, 2024
Analysts Estimate California Bank of Commerce (CALB) to Report a Decline in Earnings: What to Look Out for
CALIFORNIA BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of California BanCorp - CALB
Shareholder Alert: Ademi LLP investigates whether California BanCorp has obtained a Fair Price in its transaction with Southern California Bancorp
California Bank of Commerce (CALB) Q4 Earnings Match Estimates
CALB Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of California BanCorp Is Fair to Shareholders
California BanCorp Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2023