Banc of California is set to drop its second-quarter earnings this Wednesday, with analysts expecting a stronger showing after a mixed last quarter. Revenue is projected to grow 8.1% year over year — up from 5.2% last year — while the bank narrowly beat EPS estimates last time. Peers like OFG Bancorp and Hilltop Holdings are outperforming, boosting their stocks, and regional banks remain relatively stable. Banc of California’s shares are trading below their $23.14 average price target, making this report a key test of momentum as they aim to prove they’re on track for the rest of the year.
Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN: advertise@thednn.ai
This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai.
Podden och tillhörande omslagsbild på den här sidan tillhör
The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av,
eller tillsammans med, Poddtoppen.
