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Banc of California (BANC) Tops Q3 EPS by 17c

October 19, 2016 6:06 AM EDT

Banc of California (NYSE: BANC) reported Q3 EPS of $0.59, $0.17 better than the analyst estimate of $0.42.

Highlights for the quarter included:

Record quarterly deposit growth of $1.1 billion, or 15%, and annual deposit growth of $3.7 billion, or 67%.Quarterly loan production of $2.6 billion, driven by... More