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Banc of California reports revised Q1 adjusted EPS 15c

On May 13, Banc of California made available an updated investor presentation titled “First Quarter 2024 Results — May 13, 2024 Update” through the Investor Relations section of its website, as disclosed earlier in a regulatory filing. The presentation updates certain financial and other information disclosed in the company’s prior First Quarter 2024 investor presentation, originally released on April 23, to reflect the update to the company’s net loan discount accretion. As part of its update, Banc of California restated Q1 reported and adjusted EPS to 12c/15c from 17c/19c.

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