01:29 PM EDT, 07/29/2024 (MT Newswires) -- California BanCorp ( CALB ) reported Monday a Q2 loss of $0.68 per diluted share, compared with earnings of $0.65 per diluted share a year earlier.
Three analysts polled by Capital IQ expected earnings of $0.53.
Revenue in the quarter ended June 30, expressed as the sum of net interest income and other income, fell to $18.3 million from $19.8 million a year earlier.
Two analysts polled by Capital IQ expected $19.5 million.
California BanCorp ( CALB ) shares fell 2% in recent trading Monday.
Price: 23.87, Change: -0.48, Percent Change: -1.97