Banc of California (BANC) Tops Q4 EPS by 12c

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Go back to Banc of California (BANC) Tops Q4 EPS by 12c

Banc of California Reports Record 2015 Earnings

January 28, 2016 6:06 AM EST

IRVINE, Calif., Jan. 28, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported net income of $19.0 million for the fourth quarter of 2015, resulting in diluted earnings per share of $0.39 for the quarter and $1.34 for the full year.

Pre-tax income for the full year 2015 was $104.3 million, an increase of 294% compared to full year 2014.  Net income available to common shareholders for 2015 grew to $52.2 million, an increase of 97% compared to full year... More