Banc of California beats estimates

Banc of California Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag
Revenue: US$960.4m (up 289% from FY 2023). Net income: US$87.1m (up from US$1.94b loss in FY 2023). Profit margin: 9.1% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. EPS: US$0.52 (up from US$22.71 loss in FY 2023).
Banc of California beats estimates as PacWest costs fade
After the tumult of buying PacWest Bancorp, Banc of California is not only profitable again but surpassing Wall Street's expectations.
Banc of California: Q4 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — Banc of California Inc. (BANC) on Thursday reported fourth-quarter net income of $56.9 million, after reporting a loss in the same period a year earlier. The bank, based in Los Angeles, said it had earnings of 28 cents per share.
Banc of California Inc (BANC) Q4 2024 Earnings Call Highlights: Strong Financial Performance ...
Banc of California Inc (BANC) reports robust net income and margin expansion while navigating credit risks and competitive pressures.
Banc Of California Turns To Q4 Profit; Stock Up In Pre-Market
Banc of California stock had closed at $16.07, down 1.29 percent on Wednesday. It has traded in the range of $11.88 - $18.08 in the last 1 year.
Associated Banc-Corp Q4 Earnings Beat as NII Rises, Provisions Fall
Corp’s ASB fourth-quarter 2024 adjusted earnings of 57 cents per share surpassed the Zacks Consensus Estimate of 55 cents. Also, the bottom line compared favorably with 53 cents earned in the prior-year quarter.
Banc of California shares rise nearly 3% on Q4 earnings beat
LOS ANGELES - Banc of California , Inc. (NYSE: NYSE:BANC) reported fourth quarter earnings that beat analyst estimates, sending shares up 2.74% in early trading on Thursday.
Banc of California (NYSE:BANC) Price Target Raised to $18.00
Banc of California (NYSE:BANC – Free Report) had its price target increased by Raymond James from $17.00 to $18.00 in a ...
Banc of California's SWOT analysis: stock outlook amid merger integration
Banc of California , Inc. (NYSE:BANC), a $2.7 billion market cap bank primarily serving California, has been navigating ...
Banc of California price target raised to $18 from $17 at Raymond James
Raymond James raised the firm’s price target on Banc of California (BANC) to $18 from $17 and keeps an Outperform rating on the shares. Banc of ...
Banc of California Creates Charitable Fund and Commits $1 Million to Support Southern California Communities Affected by Wildfires
Banc of California has launched the Banc of California Wildfire Relief & Recovery Fund, which will support ongoing relief and ...
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Seeking Clues to Banc of California (BANC) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
The upcoming report from Banc of California (BANC) is expected to reveal quarterly earnings of $0.23 per share, indicating an increase of 150% compared to the year-ago period. Analysts forecast ...
KBW Sticks to Their Buy Rating for Banc of California (BANC)
KBW analyst Christopher Mcgratty maintained a Buy rating on Banc of California (BANC – Research Report) today and set a price target of $20.00.
California banks and credit unions offer mortgage relief to fire victims, Newsom announces
Gov. Gavin Newsom announced that 270 state-chartered banks, credit unions, and others will provide mortgage relief for ...