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Banc of California (BANC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
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Banc of California (BANC - Free Report) reported $303.8 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 5.6%. EPS of $0.46 for the same period compares to $0.38 a year ago.
The reported revenue represents a surprise of -1.24% over the Zacks Consensus Estimate of $307.61 million. With the consensus EPS estimate being $0.45, the EPS surprise was +2.22%.
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:
Net Interest Margin: 3.3% versus 3.3% estimated by six analysts on average.
Annualized net loan charge-offs (recoveries) to average total loans held-for-investment: 0.3% versus the six-analyst average estimate of 0.2%.
Efficiency Ratio: 59.1% compared to the 59.7% average estimate based on six analysts.
Total Nonperforming assets: $198.69 million compared to the $193.35 million average estimate based on four analysts.
Average Balance - Total interest-earning assets: $32.35 billion versus $32.76 billion estimated by four analysts on average.
Total Nonperforming loans: $177.23 million versus the four-analyst average estimate of $177.85 million.
Tier 1 leverage ratio: 9.1% compared to the 8.9% average estimate based on two analysts.
Tier 1 risk-based capital ratio: 12.1% versus 11.9% estimated by two analysts on average.
Total risk-based capital ratio: 14.7% versus the two-analyst average estimate of 14.5%.
Net Interest Income: $272.44 million compared to the $273.72 million average estimate based on six analysts.
Total NonInterest Income: $31.36 million compared to the $34.19 million average estimate based on five analysts.
Leased equipment income: $9.81 million versus the four-analyst average estimate of $7.89 million.
Shares of Banc of California have returned +1.9% over the past month versus the Zacks S&P 500 composite's -0.8% 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) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Banc of California (BANC - Free Report) reported $303.8 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 5.6%. EPS of $0.46 for the same period compares to $0.38 a year ago.
The reported revenue represents a surprise of -1.24% over the Zacks Consensus Estimate of $307.61 million. With the consensus EPS estimate being $0.45, the EPS surprise was +2.22%.
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 +1.9% over the past month versus the Zacks S&P 500 composite's -0.8% 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.