Benzinga | Jan 25, 2022 07:11AM EST

Recap: Banc of California Q4 Earnings



Banc of California (NYSE: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.

Earnings

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.

Past Earnings Performance

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 2020EPS Estimate 0.13 0.27 0.24 0.18EPS Actual 0.38 0.32 0.25 0.35Revenue Estimate 65.27M 58.93M 62.54M 58.16MRevenue 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.