Recap: Banc of California Q4 Earnings

Banc of California 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.

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.

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.