Banc of California

Banc of California, Inc. is a holding company engaged in the provision of commercial banking services. It offers personal banking, business and commercial banking, real estate banking, and private banking. The company was founded in 1941 and is headquartered in Santa Ana, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Banc of California reports record earnings, eyes growth opportunities ahead

Banc of California's Q4 2022 performance showcased record net income and a focus on credit quality and deposit base growth for 2023.
Despite challenges like lower loan fundings and decreased non-interest income, the company's strong balance sheet and strategic initiatives position it well for future growth.
Opportunities in various sectors and the pursuit of a comprehensive payments ecosystem signal a forward-looking approach to drive profitability and market presence.

Banc of California reports solid Q1 earnings amidst margin challenges

Banc of California navigated Q1 2023 with resilience, showcasing stability, strong metrics, and a commitment to shareholder value through increased capital return.
While facing challenges like margin pressure from excess liquidity, the bank is strategically reducing expenses and investing in growth opportunities like the new payments processing business.
With a focus on maintaining stable deposits, managing interest rate risks, and optimizing capital allocation, Banc of California is poised for continued growth and value creation.

Banc of California and PacWest merger to boost EPS in 2024, focusing on fee revenue growth opportunities

Banc of California and PacWest merger set to create a premier California banking franchise. Strategic initiatives and expense savings target to enhance profitability. Technology integration and fee revenue growth opportunities in the payments business. Conservative growth projections due to economic conditions.

Banc of California posts robust Q3 results, eyes growth opportunities

Banc of California's Q3 performance was strong, with a focus on growth, regulatory approvals, and strategic mergers. While challenges exist in credit provisions and margin expectations, the bank is well-positioned to capitalize on opportunities in cost savings, new client acquisitions, and improved lending activity. By emphasizing tailored solutions and efficient services, Banc of California aims to drive growth and strengthen its market position.

Banc of California reports strong Q1 performance post-merger

Banc of California's Q1 performance showcased progress post-merger, with a focus on profitability targets and credit management. While facing challenges in asset size targets and credit quality, the company's strengths in deposit gathering and expense management position them well for growth. Opportunities in improving asset yield, capital targets, and talent acquisition pave the way for future success.

Banc of California reports strong Q2 performance and growth strategies

Banc of California's Q2 performance reflects successful strategic initiatives driving profitability.
The bank's focus on repositioning, tech investments, and expense reduction highlights a path to sustained growth.
Challenges from market uncertainty are being addressed through ongoing optimization efforts.
Opportunities for growth and efficiency improvements are being pursued to enhance overall performance.

Banc of California excels in balance sheet transformation and growth

Banc of California's Q3 performance reflects successful balance sheet transformation and efficient expense management.
The company's focus on external growth and optimizing the balance sheet positions it for future expansion.
Challenges include managing margins in a changing rate environment and balancing capital priorities for growth.
Opportunities lie in further optimizing the balance sheet, exploring capital priorities, and maintaining revenue stability.

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Banc of California (BANC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Banc of California (BANC) Ahead of Earnings?

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) today announced it will release 2020 fourth quarter financial results on Thursday, January 21, 2021. The Company will host a conference call to discuss its fourth quarter earnings at 10:00 a.m. Pacific Time (PT) on the same day. Interested parties are welcome to attend the conference call by dialing (888) 317-6003 and referencing event code 3636956. A live audio webcast will also be available on the Webcasts page of the C

Banc of California Announces Schedule of Fourth Quarter 2020 Earnings Release and Conference Call

Banc of California (BANC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Banc of California (BANC): Strong Industry, Solid Earnings Estimate Revisions

Is Banc of California (BANC) Stock a Solid Choice Right Now?

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC), the holding company of Banc of California, N.A., today announced the pricing of its public offering of $85,000,000 aggregate principal amount of its 4.375% Fixed-to-Floating Rate Subordinated Notes due 2030 (the “Notes”). The price to the public for the Notes is 100% of the principal amount of the Notes. The Notes will mature on October 30, 2030. Interest on the Notes initially will accrue at a rate equal

Banc of California, Inc. Announces Pricing of Subordinated Notes Offering

Banc of California, Inc. (BANC) CEO Jared Wolff on Q3 2020 Results - Earnings Call Transcript

Banc of California (BANC) delivered earnings and revenue surprises of 60.00% and -3.44%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Banc of California (BANC) Surpasses Q3 Earnings Estimates

Shares of Banc of California (NYSE:BANC) were flat pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share rose 153.33% year over year to $0.24, which beat the estimate of $0.15.

Banc of California: Q3 Earnings Insights

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) today reported net income available to common stockholders for the third quarter of 2020 of $12.1 million, or diluted earnings per common share of $0.24. Highlights for the third quarter included: Noninterest-bearing deposit balances increased $59.2 million during the quarter and represented 24% of total deposits at September 30, 2020, up from 19% a year earlier Total checking balances increased $257.7 million during the

Banc of California Reports Third Quarter 2020 Financial Results

Banc of California (BANC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Banc of California (BANC) Earnings Expected to Grow: Should You Buy?

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) today announced it will release 2020 third quarter financial results on Thursday, October 22, 2020. The Company will host a conference call to discuss its third quarter earnings at 10:00 a.m. Pacific Time (PT) on the same day. Interested parties are welcome to attend the conference call by dialing (888) 317-6003 and referencing event code 8723927. A live audio webcast will also be available on the Webcasts page of the Com

Banc of California Announces Schedule of Third Quarter 2020 Earnings Release and Conference Call

Banc of California, Inc. (BANC) CEO Jared Wolff on Q2 2020 Results - Earnings Call Transcript

Banc of California (BANC) delivered earnings and revenue surprises of 94.87% and 3.20%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Banc of California (BANC) Reports Q2 Loss, Tops Revenue Estimates

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc.

Banc of California Reports Second Quarter 2020 Financial Results

Banc of California, Inc. (BANC) CEO Jared Wolff on Q1 2020 Results - Earnings Call Transcript

Banc of California (BANC) delivered earnings and revenue surprises of -733.33% and -11.46%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Banc of California (BANC) Reports Q1 Loss, Lags Revenue Estimates

Shares of Banc of California (NYSE:BANC) remained flat at $10.78 in pre-market trading after the company reported Q1 results.

Banc of California: Q1 Earnings Insights

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PB vs. BANC: Which Stock Is the Better Value Option?

Banc of California, Inc. (BANC) CEO Jared Wolff on Q4 2019 Results - Earnings Call Transcript

Banc of California (BANC) delivered earnings and revenue surprises of 17.65% and -6.02%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Banc of California (BANC) Beats Q4 Earnings Estimates

Banc of California, Inc. (BANC) CEO Jared Wolff on Q3 2019 Results - Earnings Call Transcript

Banc of California (BANC) delivered earnings and revenue surprises of -40.63% and -15.41%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Banc of California (BANC) Reports Q3 Loss, Misses Revenue Estimates

Banc of California, Inc. (BANC) CEO Jared Wolff on Q2 2019 Results - Earnings Call Transcript

Banc of California (BANC) delivered earnings and revenue surprises of 26.32% and -14.50%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Banc of California (BANC) Tops Q2 Earnings Estimates

Banc of California, Inc. (BANC) CEO Jared Wolff on Q1 2019 Results - Earnings Call Transcript

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