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California BanCorp BCAL Reversal of provision for credit losses

Reversal of provision for credit losses at other companies

ACNB logo
ACNBACNB
-$13K+97.3%
American Coastal Insurance Corporation logo
American Coastal Insurance CorporationACIC
$6K+143%
Trustmark logo
TrustmarkTRMK
$2.74M-48.2%
ACNB logo
ACNBACNB
-$89K-102%
FB Financial logo
FB FinancialFBK
-$798K-307%
Imax logo
ImaxIMAX
-$460K-265%

Other financials

Income statement

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Revenue$44.2M-1.3%
Net income$13.8M-18.2%
EPS (diluted)$0.42-19.2%

Balance sheet

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Cash & equivalents$411.1M-6.4%
Total debt$53.4M-38.9%
Total equity$577.8M+8.7%
Total assets$4.0B+1.6%

Cash flow

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Operating cash flow$8.5M+22.2%
CapEx$236.0K+125%
Free cash flow$8.3M+20.7%

Valuation

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Market cap$663.56M+40.9%
Enterprise value$305.83M+157%
P/E11.1×-16.1×
P/S3.7×+0.6×

Profitability

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Net margin33.4%+21.9pp
FCF margin32.5%+0.2pp

Returns & leverage

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Return on equity10.8%+6.6pp
Debt / equity0.1×-0.1×

Where this comes from

Reported directly by California BanCorp in its filing.

Tagged under the XBRL concept bcal:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalIncludingOffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal.

The official record: California BanCorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is California BanCorp's reversal of provision for credit losses?
California BanCorp (BCAL) reported reversal of provision for credit losses of -$381K in Q1 2026.
How has California BanCorp's reversal of provision for credit losses changed year-over-year?
California BanCorp's reversal of provision for credit losses increased by 89.9% year-over-year, from -$3.78M to -$381K.
What is the long-term trend for California BanCorp's reversal of provision for credit losses?
Over 2 years (2022 to 2025), California BanCorp's reversal of provision for credit losses has grown at a 21.7% compound annual growth rate (CAGR), from $5.96M to -$8.82M.
What does reversal of provision for credit losses mean?
This represents the reversal of previously recorded provisions for credit losses, effectively increasing net income when the bank determines that its allowance for loan losses is higher than required. It reflects management's assessment of improved credit quality or lower expected default rates within the loan portfolio. A reversal indicates a positive trend in the underlying credit risk profile of the bank's assets.