{"id":917241,"date":"2025-12-08T09:04:11","date_gmt":"2025-12-08T14:04:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/california-bancorp-announces-first-cash-dividend\/"},"modified":"2025-12-08T09:04:11","modified_gmt":"2025-12-08T14:04:11","slug":"california-bancorp-announces-first-cash-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/california-bancorp-announces-first-cash-dividend\/","title":{"rendered":"CALIFORNIA BANCORP ANNOUNCES FIRST CASH DIVIDEND"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">San Diego, Calif., Dec.  08, 2025  (GLOBE NEWSWIRE) &#8212; California Bancorp (the \u201cCompany\u201d) (Nasdaq: BCAL), the holding company for California Bank of Commerce, N.A. (the \u201cBank\u201d), announces that its Board of Directors has approved the Company\u2019s first quarterly cash dividend. This strategic decision reflects the Company&#8217;s strong financial performance and commitment to creating shareholder value.\u00a0<\/p>\n<p align=\"justify\">The Company will pay a cash dividend of $0.10 per share on January 15, 2026, payable to shareholders of record as of December 24, 2025.\u00a0<\/p>\n<p align=\"justify\">\u201cInitiating a dividend reflects the robust performance of our relationship-based banking franchise, exemplifies our dedication to creating shareholder value, and is a useful tool in managing our strong capital position,\u201d said David Rainer, Executive Chairman of the Company and the Bank.<\/p>\n<p>\n        <b>ABOUT CALIFORNIA BANCORP<\/b>\n      <\/p>\n<p align=\"justify\">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 \u201cBank\u201d) 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\u2019s 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 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xl1yk1Vw5MEc4hakHDxMA85rEbkEl-fKu-xgTQ_yz92H1IAvNemuJxuwOxDD1Xw027fEy47n4w1AF7yjvkThMA==\" rel=\"nofollow\" target=\"_blank\">www.bankcbc.com<\/a>.<\/p>\n<p>\n        <b>INVESTOR RELATIONS CONTACT<\/b><br \/>\n        <br \/>Kevin Mc Cabe<br \/>California Bank of Commerce<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XDWNA9Pm5j1kOrA1T91nhr8cqhBrtDEBPrRH3yawbc3Wta3Idg5yc-J0Tf8E3GFWLHpN-3t-zariR4ZG8051N9Jmk2no-jdFNbcUEzQLSDs=\" rel=\"nofollow\" target=\"_blank\">kmccabe@bankcbc.com<\/a><br \/>818.637.7065<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU5ODA1MyM3MzA5NjkwIzUwMDExNTcxNw==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MDExMzE0OTgtYWUxOC00N2FjLTkyYjUtNTcwMjI4MGNmNTRkLTUwMDExNTcxNy0yMDI1LTEyLTA4LWVu\/tiny\/California-BanCorp.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>San Diego, Calif., Dec. 08, 2025 (GLOBE NEWSWIRE) &#8212; California Bancorp (the \u201cCompany\u201d) (Nasdaq: BCAL), the holding company for California Bank of Commerce, N.A. (the \u201cBank\u201d), announces that its Board of Directors has approved the Company\u2019s first quarterly cash dividend. This strategic decision reflects the Company&#8217;s strong financial performance and commitment to creating shareholder value.\u00a0 The Company will pay a cash dividend of $0.10 per share on January 15, 2026, payable to shareholders of record as of December 24, 2025.\u00a0 \u201cInitiating a dividend reflects the robust performance of our relationship-based banking franchise, exemplifies our dedication to creating shareholder value, and is a useful tool in managing our strong capital position,\u201d said David Rainer, Executive Chairman of the Company and the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/california-bancorp-announces-first-cash-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CALIFORNIA BANCORP ANNOUNCES FIRST CASH DIVIDEND&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-917241","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CALIFORNIA BANCORP ANNOUNCES FIRST CASH DIVIDEND - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/california-bancorp-announces-first-cash-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CALIFORNIA BANCORP ANNOUNCES FIRST CASH DIVIDEND - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"San Diego, Calif., Dec. 08, 2025 (GLOBE NEWSWIRE) &#8212; California Bancorp (the \u201cCompany\u201d) (Nasdaq: BCAL), the holding company for California Bank of Commerce, N.A. (the \u201cBank\u201d), announces that its Board of Directors has approved the Company\u2019s first quarterly cash dividend. This strategic decision reflects the Company&#8217;s strong financial performance and commitment to creating shareholder value.\u00a0 The Company will pay a cash dividend of $0.10 per share on January 15, 2026, payable to shareholders of record as of December 24, 2025.\u00a0 \u201cInitiating a dividend reflects the robust performance of our relationship-based banking franchise, exemplifies our dedication to creating shareholder value, and is a useful tool in managing our strong capital position,\u201d said David Rainer, Executive Chairman of the Company and the &hellip; Continue reading &quot;CALIFORNIA BANCORP ANNOUNCES FIRST CASH DIVIDEND&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/california-bancorp-announces-first-cash-dividend\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-08T14:04:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU5ODA1MyM3MzA5NjkwIzUwMDExNTcxNw==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/california-bancorp-announces-first-cash-dividend\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/california-bancorp-announces-first-cash-dividend\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CALIFORNIA BANCORP ANNOUNCES FIRST CASH DIVIDEND\",\"datePublished\":\"2025-12-08T14:04:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/california-bancorp-announces-first-cash-dividend\\\/\"},\"wordCount\":257,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/california-bancorp-announces-first-cash-dividend\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTU5ODA1MyM3MzA5NjkwIzUwMDExNTcxNw==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/california-bancorp-announces-first-cash-dividend\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/california-bancorp-announces-first-cash-dividend\\\/\",\"name\":\"CALIFORNIA BANCORP ANNOUNCES FIRST CASH DIVIDEND - 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