Banc of California: Q1 Earnings Insights

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Banc of California BANC reported its Q1 earnings results on Thursday, April 20, 2023 at 06:02 AM.

Here's what investors need to know about the announcement.

Earnings

Banc of California reported in-line EPS of $0.37 versus an estimate of $0.37.

Revenue was down $3.39 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 0.59% increase in the share price the next day.

Here's a look at Banc of California's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.43 0.47 0.44 0.50
EPS Actual 0.45 0.44 0.45 0.75
Revenue Estimate 80.89M 84.68M 80.46M 77.05M
Revenue Actual 80.22M 79.41M 78.30M 76.44M

To track all earnings releases for Banc of California visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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