Shares of Banc of California BANC remained flat at $10.78 in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were down 480.00% over the past year to ($0.19), which missed the estimate of $0.04.
Revenue of $51,861,000 lower by 23.52% year over year, which missed the estimate of $56,730,000.
Guidance
Banc of California hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Apr 29, 2020
Time: 02:01 AM ET
Webcast URL: https://78449.choruscall.com/dataconf/productusers/banc/mediaframe/37086/indexr.html
Recent Stock Performance
52-week high: $19.12
Company's 52-week low was at $6.44
Price action over last quarter: down 35.41%
Company Overview
Banc of California Inc is a is a financial holding company. It offers banking and financial services. The company's services include banking services, lending services, and private banking services. Its deposit and banking product and service offerings include checking, savings, money market, certificates of deposit, and retirement accounts. Lending activities are focused on providing financing to California's diverse private businesses, entrepreneurs, and communities, and loans are often secured by California commercial and residential real estate.
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