Banc of California Inc. (NYSE: BANC) announced its third‑quarter earnings on Wednesday, 2025‑10‑22, reporting a net income of $69.6 million and earnings per share of 38 cents for the nine‑month period ending March 31, 2025.
The results represent a turnaround from the loss the bank posted in the same quarter a year earlier, underscoring a significant improvement in profitability and operational performance during the first quarter of 2025.
The positive earnings release signals to investors that Banc of California’s post‑merger strategy and balance‑sheet repositioning are yielding tangible financial benefits, providing a more favorable outlook for the remainder of the fiscal year.
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