CFNB
California First Leasing Corporation23.00
+0.00+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
206.53MP/E (TTM)
10.55Basic EPS (TTM)
2.18Dividend Yield
0%Recent Filings
8-K
Annual meeting elects directors
California First National Bancorp held its annual stockholder meeting on December 7, 2017, electing five directors—Patrick E. Paddon, Glen T. Tsuma, Michael H. Lowry, Harris Ravine, and Danilo Cacciamatta—each for a one-year term. With 7.7 million of 10.3 million shares voted, support ranged from 90% for Paddon to 98% for Cacciamatta. Board continuity intact.
8-K
Delists from NASDAQ to OTCQX
California First National Bancorp reported Q1 fiscal 2018 net earnings of $2.3 million, up 17% from prior year despite a 28% drop in commercial loans to $219.5 million amid regulatory curbs. Board approved voluntary NASDAQ delisting, filing Form 25 around November 3 for effectiveness November 13, shifting to OTCQX trading. Delisting cuts reporting costs; liquidity may suffer.
10-K
FY2017 results
California First National Bancorp's FY2017 net earnings hit $11.1M, up 29% y/y, with net interest income after provision climbing to $21.8M despite total assets shrinking 19% to $716M as OCC restrictions halted new syndicated loan originations after January. Q4 saw commercial loans plunge 18% sequentially to $306M from leveraged concentrations, prompting a $0.65M reserve release and $0.2M recovery; yet lease gains and end-of-term income fueled non-interest revenue. Deposits dropped 26% to $469M after rate cuts, matched by shrinking loans, while $40M FHLB borrowings held steady. Q4 accelerated earnings momentum. Regulatory curbs threaten further portfolio contraction.
8-K
FY EPS up 30%; Q4 down 34%
California First National Bancorp reported Q4 net earnings of $2.5M, down 34% from prior year due to regulatory curbs halting new commercial loan originations since January 2017, slashing the portfolio 24% to $306M. Yet fiscal 2017 net earnings surged 29% to $11.1M, EPS up 30.1% to $1.08. Regulatory restrictions persist despite appeal.
10-Q
Q3 FY2017 results
First National Bancorp posted Q3 FY2017 net earnings of $2.5M, up 56% y/y, driven by $1.3M higher gains on lease and loan sales while net interest income edged 1.6% higher to $5.3M despite a 22% drop in average lease balances. YTD net income hit $8.7M, up 77% y/y, with diluted EPS of $0.84 on 10,280k shares—perfectly reconciled. Cash swelled to $111M amid $67.7M fewer CDs, yet $40M FHLB borrowings remain at 0.75%; regulator barred new syndicated loans post-Jan 2017, slashing the portfolio 17% q/q to $375M (derived). Free cash flow not disclosed in the 10-Q. Portfolio mostly pass-rated. Deposits may not return.
BCAL
California BanCorp
19.55-0.05
CCNE
CNB Financial Corporation
27.72-0.13
CVBF
CVB Financial Corporation
20.00-0.19
FNWB
First Northwest Bancorp
9.95-0.03
LMFA
LM Funding America, Inc.
0.72-0.00
MFIN
Medallion Financial Corp.
10.71+0.06
OPRT
Oportun Financial Corporation
5.49+0.03
QFIN
Qfin Holdings, Inc.
19.10-0.11
SLM
SLM Corporation
26.84+0.35
WINSF
WINS FIN HLDGS INC
0.00+0.00