Recap: Banc of California Q1 Earnings

Banc of California (NYSE:BANC) reported its Q1 earnings results on Thursday, April 20, 2023 at 06:02 AM. Here’s…

Banc of California (NYSE: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.

Total
0
Shares
Related Posts
Read More

A Preview Of JOANN’s Earnings

JOANN (NASDAQ:JOAN) is set to give its latest quarterly earnings report on Thursday, 2022-09-01. Here's what investors need to know before the announcement. Analysts estimate that JOANN will report an earnings per share (EPS) of $-0.60.

JOAN