Banc of California (BANC) Tops Q4 Earnings Estimates

Banc of California (BANC) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to loss of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.74%. A quarter ago, it was expected that this banking service and lending company would post earnings of $0.14 per share when it actually produced earnings of $0.25, delivering a surprise of 78.57%.Over the last ...