Banc of California, Inc. Reports Fourth Quarter Diluted Earnings per Share of $0.28, Reflecting Strong Year-Over-Year Net Interest Margin Expansion and Lower Noninterest Expenses
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Banc of California, Inc. reported a fourth-quarter diluted earnings per share of $0.28, highlighting strong net interest margin expansion and reduced noninterest expenses. The company also reported a book value per share of $17.78 and a CET1 ratio of 10.55%.
January 23, 2025 | 11:15 am
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Banc of California, Inc. reported a strong Q4 with an EPS of $0.28, driven by net interest margin expansion and lower noninterest expenses. The book value per share is $17.78, and the CET1 ratio is 10.55%.
The reported EPS of $0.28 indicates strong financial performance, supported by net interest margin expansion and reduced noninterest expenses. This positive earnings report is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100