Banc of California Reports Third Quarter 2019 Earnings
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: Business Wire
SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) today reported a net loss for the third quarter of $22.7 million, resulting in a diluted loss per common share of $0.45.Highlights for the third quarter (as compared to second quarter 2019) included:Noninterest-bearing deposits increased $114 millionCost of deposits decreased by 14 basis points to 1.48%Noninterest expense was $43.3 millionExecuted on the sale of $371 million of low-yielding and long duration mortgage-backed securities, furthering the ability to remix the investment portfolioCompleted tender offer for $46 million of preferred stock, inclusive of premium and accrued dividendsThe total risk–based capital ratio was 14.31% and the tier 1 leverage ratio was 9.84% at the end of the quarterThe net loss available to common stockholders for this quarter is largely the result of a $35 million charge-off, or $0.60 per diluted common share, related to a loan originated in November 2017 to a borrower that
Show less
Read more
Impact Snapshot
Event Time:
BANC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BANC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BANC alerts
High impacting Banc of California, Inc. news events
Weekly update
A roundup of the hottest topics
BANC
News
- Banc of California, Inc. (NYSE: BANC) had its price target raised by analysts at Wells Fargo & Company from $14.00 to $16.00. They now have an "equal weight" rating on the stock.MarketBeat
- Banc of California Announces New Community Banking Leaders [Yahoo! Finance]Yahoo! Finance
- Banc of California Announces New Community Banking LeadersBusiness Wire
- Banc of California Announces Schedule of First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Banc of California Announces Schedule of First Quarter 2024 Earnings Release and Conference CallBusiness Wire
BANC
Earnings
- 1/25/24 - Miss
BANC
Sec Filings
- 3/28/24 - Form ARS
- 3/28/24 - Form DEF
- 3/28/24 - Form DEFA14A
- BANC's page on the SEC website