What is California BanCorp's litigation settlement expense?

California BanCorp (BCAL) reported litigation settlement expense of $75K in Q1 2026.

What does litigation settlement expense mean?

This represents costs associated with legal disputes, including settlements, judgments, and related legal fees. It serves as a measure of potential legal risk and the impact of unforeseen liabilities on the bank's bottom line.

California BanCorp BCAL Litigation Settlement Expense

Litigation Settlement Expense at other companies

Essential UtilitiesWTRG

$84K—

BlackBerryBB

$0-100%

PG&EPCG

$102M+34.2%

IDT CorporationIDT

$400K—

Aeva TechnologiesAEVA

$0—

John Wiley & Sons, Inc.WLYB

$108K—

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 us-gaap:LitigationSettlementExpense.

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 litigation settlement expense?: California BanCorp (BCAL) reported litigation settlement expense of $75K in Q1 2026.
What does litigation settlement expense mean?: This represents costs associated with legal disputes, including settlements, judgments, and related legal fees. It serves as a measure of potential legal risk and the impact of unforeseen liabilities on the bank's bottom line.