Recap: Banc of California Q3 Earnings

Banc of California BANC reported its Q3 earnings results on Thursday, October 21, 2021 at 08:00 AM.

Here's what investors need to know about the announcement.

Banc of California beat their estimated earnings by 192.31%, which surprised analysts.

Revenue was up $7,121,000 from the same period last year.

Last quarter the company beat on EPS by $0.05, which was followed by a 2.48% increase in the share price the next day.

Here's a look at Banc of California's past performance and the resulting price change:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.27	0.24	0.18	0.15
EPS Actual	0.32	0.25	0.35	0.24
Revenue Estimate	58.93M	62.54M	58.16M	59.06M
Revenue Actual	59.85M	57.92M	61.56M	55.85M

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Momentum39.12

Growth3.94

Quality18.52

Value-

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