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Stock impact report

Banc of California (BANC) Q1 2026 Transcript [Yahoo! Finance]

Banc of California, Inc. (BANC) 
Last banc of california, inc. earnings: 4/29 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4074352
Company Research Source: Yahoo! Finance
President and Chief Executive Officer — Jared M. Wolff Chief Financial Officer — Joseph Kauder Need a quote from a Motley Fool analyst? Email pr@fool.com Full Conference Call Transcript Jared M. Wolff: Thanks, Ann. Good morning, everybody. We are pleased to report another strong quarter for Banc of California, Inc., with year-over-year earnings growth, net interest margin expansion, and continued positive operating leverage. First quarter earnings per share grew 50% from a year ago to $0.39, driven by continued net interest margin expansion and positive operating leverage. Pretax pre-provision income increased 28% while our adjusted efficiency ratio improved by nearly 500 basis points year over year. More importantly, the quarter reinforced our confidence in the earnings trajectory ahead. We continue to see durable momentum across the core drivers of the franchise, including margin expansion, deposit mix improvement, disciplined expense management, and embedded balance shee Show less Read more
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