06:24 AM EST, 01/23/2025 (MT Newswires) -- Banc of California ( BANC ) reported Q4 adjusted net earnings Thursday of $0.28 per diluted share, swinging from a loss of $0.67 a year earlier.

Analysts polled by FactSet expected $0.23.

Revenue for the quarter ended Dec. 31, expressed as the sum of net interest income and total non-interest income was $264.3 million, compared to negative revenue of $249.4 million a year earlier.

Analysts surveyed by FactSet expected $273.9 million.

Shares of the lender were up more than 3% in premarket activity.