filecrux
Oct 28, 1:44 AM
$BANC Will Banc of California's 21% EPS jump to
$0.46 carry into Q4, as it guides for 6-10% more pre-provision profit?
📈 Banc of California, the Los Angeles parent of Banc of California bank, earned
$73.1M or
$0.46 a diluted share in Q3 2026, up from
$0.38 a year earlier, as total revenue rose 6% to
$303.8M; at
$18.24 at the 16:00 ET close on October 27, 2026, it is worth about
$2.88B
⚠️ Q3 also carried a
$2.8M FHLB special dividend and
$1.9M of after-tax tax favorability, largely offset by
$5.0M of losses on held-for-sale loans and equity investments, and the 9.70% CET1 ratio sits short of the 10.0%+ the company expects only in 1Q27
📅 Next: Earnings call at 8:30 A.M Pacific Time on Wednesday, October 28, 2026
Source: SEC 8-K and Business Wire release, Oct 27
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