Banc of California (BANC) Reports Q4 Earnings: What Key Metrics Have to Say

For the quarter ended December 2023, Banc of California (BANC) reported revenue of $193.06 million, up 145% over the same period last year. EPS came in at -$0.46, compared to $0.45 in the year-ago quarter.The reported revenue represents a surprise of +23.13% over the Zacks Consensus Estimate of $156.8 million. With the consensus EPS estimate being -$0.32, the EPS surprise was -43.75%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to W ...