Banc of California Reports Record Third Quarter Earnings
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
DA Davidson Upgrades Banc of California (BANC) to Buy
October 20, 2016 6:45 AM EDTDA Davidson upgraded Banc of California (NYSE: BANC) from Neutral to Buy with a price target of $20.00.
For an analyst ratings summary and ratings history on Banc of California click here. For more ratings news on Banc of California click here.
Shares of Banc of California closed at $13.33 yesterday.
... MoreBanc of California (BANC) Bounces Higher Early Following Q3 Results
October 19, 2016 7:14 AM EDTBanc of California (NYSE: BANC) shares are ticking higher in early trading Wednesday following a 29 percent drop on the prior session.
Earlier today, BofC posted Q3 results, topping EPS expectations by 17 cents.
Ahead of the opening bell, BofC shares are up 7.5 percent.
... MoreBanc of California (BANC) Tops Q3 EPS by 17c
October 19, 2016 6:06 AM EDTBanc 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