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Banc of California Swings to Q2 Earnings, Revenue Increases
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Banc of California Swings to Q2 Earnings, Revenue Increases
Jul 23, 2024 4:08 AM

06:49 AM EDT, 07/23/2024 (MT Newswires) -- Banc of California ( BANC ) on Tuesday swung to Q2 earnings of $0.12 per diluted share from a loss of $2.67 a year earlier.

Analysts polled by Capital IQ expected earnings of $0.19 per share.

Revenue for the quarter ended June 30, expressed as the sum of net interest income and noninterest income, was $259.3 million, up from $58 million a year earlier.

Four analysts polled by Capital IQ expected $266.4 million.

Price: 14.62, Change: -0.06, Percent Change: -0.41

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