Banc of California Q1 EPS $0.39 (+50% YoY); NIM expands to 3.24%; sub debt redemption

BANC OF CALIFORNIA, INC.

2026-Q1 EPS reported $0.39 revenue$442,770,000

Diluted EPS $0.39, up 50% YoY; net income available to common $62M.
Net interest margin 3.24%, up 4bp QoQ driven by 11bp decline in deposit costs.
Total revenue $286.9M (+8% YoY); pre-tax pre-provision income $105.6M (+28% YoY).
Repurchased $31.9M of stock at avg $18.68; extended buyback program to March 2027.
Announced redemption of $385M subordinated debt; NPLs rose to $185.7M from $159.2M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.93

BANC OF CALIFORNIA, INC. reported first quarter ended March 31, 2026 results: revenue $286.9 million, EPS $0.39 per diluted common share.

Period: first quarter ended March 31, 2026
Revenue: $286.9 million
EPS: $0.39 per diluted common share
Result: reported results

Exact text from the filing

growth, supported by strong pipelines, embedded asset repricing opportunities, and our attractive market position.” First Quarter 2026 Financial Highlights: • Total revenue of $286.9 million, up 8% year over year, with pre-tax pre-provision income (1) of $105.6 million, up 28% year over year . • Net interest margin expanded 4 basis points to 3.24% compared to fourth

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Source: SEC EDGAR

accession 0001628280-26-026554

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