BANC PRCCL Company Report

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Research analysts covering BANC PRCCL.

Recent press releases and 8-K filings for BANC PRCCL.

Banc of California Reports Strong Q4 and Full-Year 2025 Results with Positive 2026 Outlook

BANC PRCCL

Earnings

Guidance Update

Share Buyback

Banc of California reported a strong Q4 2025, with earnings per share growing 11% sequentially to $0.42 and pre-tax pre-provision income increasing 10%.
For the full year 2025, the company achieved adjusted EPS of $1.35, up 69% year over year, and tangible book value per share growth of 11%. This was supported by loan production disbursements of $9.6 billion, up 31% from 2024, and a 7% year-over-year reduction in expenses, which led to an adjusted efficiency ratio drop of nearly 900 basis points.
The company provided a positive outlook for 2026, projecting full-year net interest income to increase 10%-12% and pre-tax, pre-provision income to grow 20%-25% from 2025.
In 2025, Banc of California returned significant capital to shareholders by repurchasing 13.6 million shares, or 8% of common stock outstanding, at a weighted average price of $13.59.

Jan 22, 2026, 6:00 PM

Banc of California Announces Strong Q4 and Full-Year 2025 Results with Positive 2026 Outlook

BANC PRCCL

Earnings

Guidance Update

Share Buyback

Banc of California reported Diluted EPS of $0.42 for Q4 2025, marking an 11% increase quarter-over-quarter.
The company achieved 15% annualized loan growth and 11% annualized noninterest-bearing (NIB) deposit growth in Q4 2025.
Key profitability metrics for Q4 2025 included a Return on Average Tangible Common Equity (ROATCE) of 10.75% and Pre-Tax Pre-Provision (PTPP) income of $112.3 million, which increased 10% QoQ.
For the full year 2025, Banc of California delivered Adjusted Diluted EPS of $1.35, a 69% increase year-over-year, and repurchased approximately 8% of common shares outstanding.
The company provided FY2026 guidance, targeting mid single-digit growth for both loans and deposits, 20%-25% year-over-year growth in Pre-Tax Pre-Provision Income, and a CET1 ratio of 10%+.

Jan 22, 2026, 6:00 PM

Banc of California Reports Strong Q4 and Full-Year 2025 Results, Provides 2026 Guidance

BANC PRCCL

Earnings

Guidance Update

Share Buyback

Banc of California reported strong financial performance for Q4 and full-year 2025, with Q4 earnings per share growing 11% sequentially to $0.42 and full-year adjusted EPS up 69% to $1.35.
The company achieved 15% annualized loan growth and 11% annualized non-responsive deposit growth in Q4 2025, contributing to an 11% growth in tangible book value per share for the full year.
For 2026, Banc of California projects net interest income to increase 10%-12% and expects mid-single-digit loan and deposit growth.
Strategic capital deployment in 2025 included repurchasing 13.6 million shares (8% of common stock outstanding), and the company plans continued investments in technology and talent with an expense growth guide of 3-3.5% for 2026.

Jan 22, 2026, 6:00 PM

Banc of California Reports Strong Q4 and Full Year 2025 Results, Provides Optimistic 2026 Outlook

BANC PRCCL

Earnings

Guidance Update

Share Buyback

Banc of California reported a strong finish to 2025, with Q4 earnings per share growing 11% sequentially to $0.42 and full-year adjusted EPS up 69% year over year.
For the full year 2025, the company achieved significant growth, including loan production disbursements of $9.6 billion (up 31% from 2024), a 30 basis point margin expansion, and a 7% reduction in expenses.
The company provided an optimistic outlook for 2026, projecting net interest income to increase 10%-12% and pre-tax, pre-provision income to grow 20%-25% from 2025.
Balance sheet strength was highlighted by 15% annualized loan growth in Q4, mid-single-digit loan and deposit growth expectations for 2026, and the maintenance of its allowance for credit losses at 1.12% of total loans.
Banc of California returned capital to shareholders by repurchasing 13.6 million shares (8% of common stock outstanding) in 2025 and expects to continue an active buyback program, maintaining a CET1 floor of 10%.

Jan 22, 2026, 6:00 PM

Banc of California Reports Strong Q3 2025 Earnings with Double-Digit EPS Growth and Margin Expansion

BANC PRCCL

Earnings

Share Buyback

Guidance Update

Banc of California reported Q3 2025 diluted earnings per share (EPS) of $0.38, a 23% increase quarter-over-quarter, with net income of $59.7 million.
The company's net interest margin (NIM) expanded to 3.22%, with an exit net interest margin of 3.18%, and expects continued expansion in the fourth quarter.
Banc of California repurchased 2.2 million shares of common stock in Q3, bringing total repurchases under its program to 13.6 million shares at an average price of $13.59, totaling $185 million.
Core deposit trends were positive, with non-interest-bearing deposits increasing 9% to represent 28% of total deposits, and the total cost of deposits declined 5 basis points to 2.08%.
CET1 stood at 10.14% at quarter end, and tangible book value per share increased 3% quarter-over-quarter to $16.99.