Banc of California, Inc. (NYSE:BANC) Q1 2025 Earnings Conference Call April 24, 2025 1:00 PM ET Company Participants Ann DeVries - Head, IR Jared Wolff - President & CEO Joe Kauder - CFO Conference Call Participants Ben Gerlinger - Citigroup Jared Shaw - Barclays Capital Gary Tenner - D.A. Davidson Matthew Clark - Piper Sandler David Feaster - Raymond James Anthony Elan - JPMorgan Chris McGratty - KBW Timur Braziler - Wells Fargo Andrew Terrell - Stephens * Operator Hello, and welcome to Banc of California' ...

Image source: The Motley Fool.Tuesday, Apr 22, 2025CALL PARTICIPANTSJared Wolff: President and Chief Executive OfficerJoe Kauder: Chief Financial OfficerAnn DeVries: Head of Investor RelationsNeed a quote from one of our analysts? Email [email protected] Loan Growth: 6% annualized in Q1, with $2.6 billion production including unfunded commitmentsNew Loan Yield: 7.20% on Q1 2025 production vs 5.9% average portfolio yield in Q1 2025Net Interest Margin: Expanded 4 basis points to 3.08% in Q1 2025Share Repurcha ...

Draft v4.5 1/21/24 Investor Presentation First Quarter 2025 Results Forward-Looking Statements and Other Matters This presentation includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements related to our expectations regarding the performance of our business, liquidity and capital ratios and other non-historical statements. Words or phrases such as "believe," "wi ...

Group 1: Earnings Performance - Banc of California reported quarterly earnings of $0.26 per share, exceeding the Zacks Consensus Estimate of $0.24 per share, and up from $0.19 per share a year ago, representing an earnings surprise of 8.33% [1] - Over the last four quarters, the company has surpassed consensus EPS estimates three times [2] - The company posted revenues of $266.01 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 2.37%, and down from $272.96 million year-over-year [2] Group 2: Stock Performance and Outlook - Banc of California shares have declined approximately 13.6% since the beginning of the year, compared to a decline of 10.1% for the S&P 500 [3] - The company's earnings outlook is favorable, with a current consensus EPS estimate of $0.29 on revenues of $282.9 million for the coming quarter, and $1.24 on $1.16 billion in revenues for the current fiscal year [7] - The Zacks Industry Rank for Banks - Southwest is currently in the top 9% of over 250 Zacks industries, indicating a strong potential for outperformance [8] Group 3: Estimate Revisions and Future Expectations - The estimate revisions trend for Banc of California is favorable, leading to a Zacks Rank 2 (Buy) for the stock, suggesting expected outperformance in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Banc of California, Inc. Reports First Quarter Diluted Earnings per Share of $0.26 and Loan Growth of 6% Annualized in the First Quarter; Upsizes Stock Buyback Program to $300 Million Company Release – 4/23/2025 $0.26 Earnings Per Share $18.17 Book Value Per Share $16.12 Tangible Book Value Per Share 10.43% CET1 Ratio 6% Annualized Loan Growth (1) LOS ANGELES, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) ("Banc of California" or the "Company"), the parent company of wholly-owned subsidiary ...

Banc of California (BANC) shares ended the last trading session 8% higher at $13.03. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 9.3% loss over the past four weeks.Banc of California stock rallied, driven by a massive jump in the broad markets. The jump was attributable to President Donald Trump’s announcement of a 90-day tariff pause for the non-retaliating nations. This cheered the investors, driving the BANC ...

Core Viewpoint - Banc of California (BANC) is positioned well to continue its trend of beating earnings estimates, supported by a strong earnings history and positive analyst sentiment [1][6]. Earnings Performance - Banc of California has consistently beaten earnings estimates, with an average surprise of 50.16% over the last two quarters [2]. - In the last reported quarter, the company achieved earnings of $0.28 per share, exceeding the Zacks Consensus Estimate of $0.23 per share, resulting in a surprise of 21.74% [3]. - For the previous quarter, Banc of California was expected to report earnings of $0.14 per share but delivered $0.25 per share, leading to a surprise of 78.57% [3]. Analyst Sentiment - Recent earnings estimates for Banc of California have been revised upward, indicating growing bullishness among analysts [6]. - The company currently has a positive Earnings ESP of +3.31%, suggesting a strong potential for another earnings beat [9]. - Banc of California holds a Zacks Rank of 2 (Buy), further indicating favorable conditions for upcoming earnings [9]. Earnings ESP Insights - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [7].

Funds Allocated for the Restoration of the Playground at Palisades Park Affected by the FiresLOS ANGELES, April 9, 2025 /PRNewswire/ -- The LA Parks Foundation, which works to support the Los Angeles City Department of Recreation and Parks, is pleased to announce a $1 million donation from FireAid to restore the Pacific Palisades Playground, damaged in the Southern California wildfires in January. The LA Parks foundation, which will oversee the entire project, has also secured a $300,000 in-kind contributio ...

My last article on Banc of California (NYSE: BANC ) was nine months ago, and I considered it a buy since its TBV was priced well below its historical average. Since then, the stock has outperformed the S&P 500 by about 7%, and IHi there, welcome to my profile. My name is Eugenio Catone, I live in Italy and I am 26 years old. In 2023 I graduated in Business Administration and I am completing my studies. My interest in financial markets started about 5 years ago when I accidentally came across a video about t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☑ For the fiscal year ended December 31, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ______ ☐ Commission File Number 001-35522 BANC OF CALIFORNIA, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporati ...