• Banc of California posted net earnings available to common stockholders of USD 62 million, or USD 0.39 per diluted share, for first-quarter 2026.
• Revenue rose 8% year over year to USD 286.9 million, while pre-tax pre-provision income climbed 28% to USD 105.6 million.
• Net interest margin widened 0.04 percentage point from fourth-quarter 2025 to 3.24%, while average total deposits increased USD 103.4 million.
• First-quarter loan production and disbursements totaled USD 2.1 billion at a weighted-average rate of 6.65%, while the allowance for credit losses held at 1.12% of loans held for investment.
• Stock repurchases totaled USD 31.9 million, leaving USD 82.6 million remaining under the USD 300 million authorization extended through March 16, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banc of California Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-032923), on May 08, 2026, and is solely responsible for the information contained therein.