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

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