Banc of California Q1 EPS $0.26, down from $0.28 in Q4; buyback raised to $300M
Banc of California reported first-quarter 2025 diluted EPS of $0.26, down from $0.28 in the fourth quarter of 2024, on net earnings available to common stockholders of $43.6 million. Total revenue rose to $266.0 million from $264.3 million, and the company raised its stock repurchase program from $150 million to $300 million, with $150.0 million bought through April 21, 2025.
Key points
- Q1 2025 diluted EPS $0.26 vs $0.28 in Q4 2024 and $0.12 in Q1 2024
- Total revenue $266.0 million vs $264.3 million in Q4 2024
- Net interest margin 3.08% vs 3.04% in Q4 2024; loans held for investment $24.1 billion, up 6% annualized
- Buyback upsized to $300 million; $150.0 million purchased through April 21, 2025
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.