Banc of California Q3 EPS $0.46, up 21% from $0.38 a year earlier
Banc of California reported third quarter 2026 net earnings available to common stockholders of $73.1 million, or $0.46 per diluted share, compared with $0.38 a year earlier, and total revenue rose 6% year over year to $303.8 million. The results follow a second quarter net loss of $251.3 million, or $(1.61) per diluted share, tied to a balance sheet repositioning, and management said it expects further profitability improvement in the fourth quarter.
Key points
- Diluted EPS of $0.46 for Q3 2026, up from $0.38 in Q3 2025; net earnings available to common of $73.1 million
- Total revenue of $303.8 million, up 6% year over year; net interest margin of 3.34%
- Q2 2026 net loss available to common of $251.3 million, or $(1.61) per diluted share, reflecting the strategic balance sheet repositioning
- Earnings conference call set for 8:30 A.M. Pacific Time on October 28, 2026
The filing
Written by AI on Nov 7, 2026, 11:18 PM ET, from this filing only.
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.