CalPrivate Bank Q2 FY26 net income rises 9.07% to $13.1 million quarter over quarter
PRIVATE BANCORP OF AMERICA INC
PRIVATE BANCORP OF AMERICA INC PBAM | 0.00 |
- CalPrivate Bank posted Q2 2026 net income of $13.1 million, up 9.1% from Q1; diluted EPS rose 9.7% to $2.27.
- Net interest income climbed 2.9% from Q1 to $33.5 million; net interest margin narrowed 3 bps to 5.18%.
- Provision swung to a $0.2 million reversal from a $2 million expense in Q1; criticized loans fell to $58 million from $68.3 million.
- Core deposits edged up 0.3% from March 31 to $2.33 billion; total deposits rose 0.3% to $2.38 billion.
- Private Bancorp filed a Form 10 to pursue a NASDAQ Global Select Market listing, targeting completion in Q3 2026, pending SEC review and NASDAQ approval.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Calprivate Bank published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607160800PRIMZONEFULLFEED9763201) on July 16, 2026, and is solely responsible for the information contained therein.
