Banc of California Reaffirms 20% to 25% Pretax Pre-Provision Income Growth and Anticipates NIM Expansion
Banc of California (NYSE:BANC) reaffirmed its guidance for 20% to 25% pretax pre-provision income growth and expects a 3 to 4 basis points quarterly expansion in net interest margin (NIM). CEO Jared Wolff highlighted strong Q1 2026 performance, citing earnings growth, NIM expansion, and positive operating leverage.
Tickers: $BANC
Topics: Earnings Growth Management Commentary Net Interest Margin Operating Leverage