Banc of California (NYSE:BANC) reported its Q4 earnings results on Tuesday, January 25, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Banc of California beat estimated earnings by 35.29%, reporting an EPS of $0.23 versus an estimate of $0.17, which surprised analysts.
Revenue was up $11.48 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.25, which was followed by a 1.52% increase in the share price the next day.
Here's a look at Banc of California's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.13 | 0.27 | 0.24 | 0.18 |
| EPS Actual | 0.38 | 0.32 | 0.25 | 0.35 |
| Revenue Estimate | 65.27M | 58.93M | 62.54M | 58.16M |
| Revenue Actual | 62.98M | 59.85M | 57.92M | 61.56M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
