Banc of California, Inc. (NYSE: BANC) today announced fourth quarter 2025 financial results.
Financial Highlights
- Net income available to common shareholders of $95 million
- Diluted EPS of $0.58
- Return on average assets of 0.98%
- Net interest margin of 3.15%
Business Performance
Banc of California delivered improved fourth quarter results, reflecting continued progress on integration initiatives and core franchise growth. The company achieved key cost synergy targets while maintaining strong customer retention.
Total loans were $32 billion, stable sequentially as the company focused on optimizing its portfolio mix. Deposits grew 3% to $35 billion with non-interest bearing deposits representing 28% of total deposits.
Integration Update
The company completed its systems integration during the quarter, achieving planned cost synergies. Customer retention exceeded expectations across both legacy franchises.
CEO Commentary
“Our fourth quarter results demonstrate the progress we are making in building a stronger, more efficient institution,” said Jared Wolff, President and CEO. “With integration substantially complete, we are now fully focused on growth and delivering value for shareholders.”
2026 Outlook
The company expects continued improvement in financial performance as it realizes the full benefit of completed integration activities.