Banc of California First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag

Banc of California (NYSE:BANC) First Quarter 2025 Results

Key Financial Results

• Revenue: US$256.7m (up 1.5% from 1Q 2024).
• Net income: US$43.6m (up 109% from 1Q 2024).
• Profit margin: 17% (up from 8.2% in 1Q 2024). The increase in margin was primarily driven by lower expenses.
• EPS: US$0.26 (up from US$0.12 in 1Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Banc of California EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 8.8%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Banks industry in the US.

Performance of the American Banks industry.

The company's shares are up 1.8% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Banc of California's balance sheet health.

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