Banc of California (NYSE:BANC) reported its Q1 earnings results on Thursday, April 21, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Banc of California beat estimated earnings by 50.0%, reporting an EPS of $0.75 versus an estimate of $0.5.
Revenue was up $18.52 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 0.26% increase in the share price the next day.
Here's a look at Banc of California's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.17 | 0.13 | 0.27 | 0.24 |
| EPS Actual | 0.23 | 0.38 | 0.32 | 0.25 |
| Revenue Estimate | 75.52M | 65.27M | 58.93M | 62.54M |
| Revenue Actual | 73.04M | 62.98M | 59.85M | 57.92M |
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.
