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Banc of California (BANC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
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Banc of California (BANC - Free Report) reported $273.15 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 0.1%. EPS of $0.13 for the same period compares to $0.31 a year ago.
The reported revenue represents a surprise of -8.03% over the Zacks Consensus Estimate of $297.02 million. With the consensus EPS estimate being $0.40, the EPS surprise was -67.5%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Banc of California performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 67.2% versus the four-analyst average estimate of 61.9%.
Net Interest Margin: 3.1% versus 3.3% estimated by four analysts on average.
Total Nonperforming loans: $203.71 million versus $181.63 million estimated by three analysts on average.
Average Balance - Total interest-earning assets: $32.12 billion versus $32.13 billion estimated by three analysts on average.
Total Nonperforming assets: $220.03 million versus $199.12 million estimated by three analysts on average.
Annualized net loan charge-offs (recoveries) to average total loans held-for-investment: 2.5% compared to the 0.1% average estimate based on three analysts.
Total NonInterest Income: $22.65 million versus the four-analyst average estimate of $35.92 million.
Net Interest Income: $250.5 million versus the four-analyst average estimate of $258.84 million.
Service charges on deposit accounts: $4.76 million versus $5.04 million estimated by two analysts on average.
Leased equipment income: $7.82 million versus the two-analyst average estimate of $8.57 million.
Commissions and fees: $9.03 million compared to the $10.44 million average estimate based on two analysts.
Shares of Banc of California have returned +3.7% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Banc of California (BANC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Banc of California (BANC - Free Report) reported $273.15 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 0.1%. EPS of $0.13 for the same period compares to $0.31 a year ago.
The reported revenue represents a surprise of -8.03% over the Zacks Consensus Estimate of $297.02 million. With the consensus EPS estimate being $0.40, the EPS surprise was -67.5%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Banc of California performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Banc of California here>>>
Shares of Banc of California have returned +3.7% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.