Banc of California, Inc. (NYSE:BANC) Surpasses Earnings and Revenue Estimates

Core Viewpoint - Banc of California, Inc. (BANC) has demonstrated strong financial performance, surpassing earnings and revenue estimates, indicating growth potential in the regional banking sector [2][3][4]. Financial Performance - BANC reported earnings per share (EPS) of $0.42 for the quarter ending January 21, 2026, exceeding the estimated $0.36 and showing a significant improvement from $0.28 in the same quarter last year [2][6]. - The company's revenue for the quarter was approximately $292.9 million, surpassing the estimated $291.1 million and marking a 10.9% increase year-over-year [3][6]. - BANC has consistently exceeded consensus EPS estimates over the past four quarters, reflecting strong operational performance [4]. Financial Ratios - The company's book value per share is $19.56, with a tangible book value per share of $17.51 [4]. - BANC's market valuation includes a price-to-earnings (P/E) ratio of approximately 15.90 and a price-to-sales ratio of about 1.85 [5][6]. - The debt-to-equity ratio stands at approximately 0.85, indicating financial stability, while the current ratio is around 0.18, suggesting the ability to cover short-term liabilities [5].