Seeking Clues to Banc of California (BANC) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Viewpoint - Banc of California (BANC) is expected to report quarterly earnings of $0.23 per share, reflecting a 150% increase year-over-year, with revenues projected at $273.08 million, a 41.5% increase from the previous year [1]. Earnings Projections - The consensus EPS estimate for the quarter has been revised upward by 0.9% over the past 30 days, indicating analysts have reassessed their projections [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Key Metrics Estimates - Analysts project that 'Average Balance - Total interest-earning assets' will reach $30.96 billion, down from $35.42 billion reported in the same quarter last year [5]. - The estimate for 'Total Non-performing loans' is $165.06 million, significantly higher than the year-ago figure of $74.28 million [5]. - The estimated 'Total Non-performing assets' stands at $174.39 million, compared to $81.67 million reported in the same quarter last year [6]. - Analysts predict 'Net Interest Income' will be $238.86 million, up from $151.05 million a year ago [6]. Stock Performance - Banc of California shares have increased by 4.9% over the past month, contrasting with a -0.4% change in the Zacks S&P 500 composite [7]. - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [7].