Banc of California (BANC) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 78.57%. A quarter ago, it was expected that this banking service and lending company would post earnings of $0.19 per share when it actually produced earnings of $0.10, delivering a surprise of -47.37%.Over the ...

Exhibit 99.1 1 l Quarter 2024 Results Banc of California, Inc. Reports Third Quarter 2024 Financial Results Which Include Balance Sheet Repositioning Company Release – 10/22/2024 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 (the "Bank"), today reported financial results for the third quarter ended September 30, 2024. The Company reported a net loss available to common and ...

I analyze oil and gas companies, related companies, and Banc Of California in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up h ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 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) Maryland 04-3639825 (State of Incorpora ...

TORONTO, July 25, 2024 (GLOBE NEWSWIRE) -- Canadian Banc Corp. ("the Company") announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2024 are now available on the Company's website at www.canadianbanc.com and will also be available on www.sedarplus.com.  For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.canadianbanc.com.   Investor Relations: 1-877-478 ...

Banc of California, Inc. (NYSE:BANC) Q2 2024 Results Conference Call July 23, 2024 1:00 PM ET Company Participants Ann DeVries - Head of Investor Relations Jared Wolff - President and Chief Executive Officer Joe Kauder - Chief Financial Officer Conference Call Participants Matthew Clark - Piper Sandler Jared Shaw - Barclays David Feaster - Raymond James Chris McGratty - KBW Andrew Terrell - Stephens Brandon King - Truist Securities Gary Tenner - D.A. Davidson David Chiaverini - Wedbush Securities Tim Coffey ...

Banc of California (BANC) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -47.37%. A quarter ago, it was expected that this banking service and lending company would post earnings of $0.26 per share when it actually produced earnings of $0.19, delivering a surprise of -26.92%.Over the ...

Exhibit 99.1 1 Second Quarter 2024 Results Press Release Banc of California, Inc. Reports Second Quarter 2024 Financial Results Company Release - 7/23/2024 LOS ANGELES, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) ("Banc of California"), the parent company of wholly-owned subsidiary Banc of California (the "Bank"), today reported financial results for the second quarter ended June 30, 2024. The Company recorded net earnings available to common and equivalent stockholders of $20.4 million, ...

Ryan Herron There’s a lot of work ahead for the management of Banc of California (NYSE:BANC). In addition to the normal integration work that would be required to bring PacWest into the fold after the 2023 merger, management is still restructuring the balance sheet to improve its funding situation, refining the loan book, monitoring a challenging office CRE market, and working to convince the Street on the merits of the PacWest deal. Expectations appear relatively restrained here, but it’s going to take ...

Sanghwan Kim/iStock via Getty Images Shares of Banc of California, Inc. (NYSE:BANC) are undeservedly languishing and trading way below book value, a sign that investors are mispricing the regional bank, in my opinion. The bank previously acquired PacWest and has made significant progress in repaying high-cost wholesale funding sources which is set to improve Banc of California's financial performance going forward. A significant decline in borrowings has led to an upsurge in the bank's net interest margin i ...