Banc of California, Inc. Reports First Quarter Diluted Earnings per Share of $0.26 and Loan Growth of 6% Annualized in the First Quarter; Upsizes Stock Buyback Program to $300 Million
1. $0.26 EPS and $18.17 book value indicate solid financial health for BANC. 2. 6% annualized loan growth suggests robust demand and expansion potential for the bank.