Banc of California Q1 EPS rises to $0.39 from $0.26 a year earlier
Banc of California reported first-quarter 2026 net earnings available to common stockholders of $62.0 million, or $0.39 per diluted share, compared with $0.26 a year earlier and $0.42 in the fourth quarter of 2025. Total revenue was $286.9 million, up 8% year over year but down from $292.9 million in the prior quarter, and delinquent loans rose to $345.1 million from $201.0 million at December 31, 2025.
Key points
- Diluted EPS of $0.39 vs. $0.26 in Q1 2025 and $0.42 in Q4 2025
- Total revenue of $286.9 million, up 8% year over year; net interest margin of 3.24%
- Total delinquent loans and leases of $345.1 million at March 31, 2026, vs. $201.0 million at December 31, 2025
- Repurchased $31.9 million of common stock; plans to redeem $385 million of subordinated debt
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits 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 22, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.