Banc of California (BANC) Reports Q4 Earnings Increase - Revenue Climbs on Strong Net Interest Margin

Banc of California (BANC) reported higher quarterly income for Q4 2025, citing improved net interest margin and lower provision expenses. The results, released January 21, 2026, reflect continued stabilization in its balance sheet performance. Net income rose to $38.2 million, or $0.67 per diluted share, compared to $31.5 million, or $0.55 per share, in Q3 2025. Revenue totaled $112.4 million, up from $105.1 million in the prior quarter, driven by a 22-basis-point expansion in net interest margin to 3.41%. Non-interest expense declined 4% sequentially to $79.8 million. The bank reduced its loan loss provision to $5 million in Q4, down from $12 million in Q3, reflecting improved credit quality metrics. Total loans were $18.9 billion at quarter-end, relatively flat from September 30, while deposits increased to $22.3 billion. Banc of California maintained its quarterly dividend at $0.12 per share.