Below are the earnings highlights for Banc of California, Inc. (BANC):
Earnings: $28.189 million in Q1 vs. -$1.205 billion in the same period last year. EPS: $0.17 in Q1 vs. -$15.56 in the same period last year. Excluding items, Banc of California, Inc. reported adjusted earnings of $31.681 million or $0.19 per share for the period.
Analysts projected $0.22 per share Revenue: $272.964 million in Q1 vs. $315.663 million in the same period last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.