Southern California Bancorp Delays Yearly Report Filing

Southern California Bancorp ( (BCAL) ) has released a notification of late filing.

Southern California Bancorp has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The primary reason for the delay is the need for additional time to complete year-end financial reporting and auditing processes, as their newly appointed auditor, RSM US LLP, has not yet finished its audit procedures. The company anticipates submitting the report within the 15-day extension period allowed by Rule 12b-25. Southern California Bancorp does not expect any significant changes to its previously reported financial results, although final figures may vary after the audit’s completion. The company remains committed to compliance, as indicated by the signature of CEO Steven E. Shelton on the notification.

More about Southern California Bancorp

YTD Price Performance: -8.30%

Average Trading Volume: 83,047

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $479.9M

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