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Banc of California's Q3 Adjusted Earnings Swings to Profit, Revenue Rises
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Banc of California's Q3 Adjusted Earnings Swings to Profit, Revenue Rises
Oct 22, 2024 12:05 PM

06:40 AM EDT, 10/22/2024 (MT Newswires) -- Banc of California ( BANC ) reported Q3 adjusted earnings Tuesday of $0.25 per diluted share, swinging from a loss of $0.32 a year earlier.

Analysts polled by Capital IQ expected $0.12.

Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total noninterest income, was $216.7 million compared with $174.5 million a year earlier.

Analysts surveyed by Capital IQ expected $245.4 million.

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