Banc of California Reports Second Quarter 2021 Financial Results
SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) today reported net income of $19.1 million and net income available to common stockholders for the second quarter of 2021 of $17.3 million, or diluted earnings per common share of $0.34. Highlights for the second quarter included: Return on average assets of 0.98% Total loan production of $904.1 million, including loan fundings of $847.0 million Period-end total cost of deposits of 0.20% and average cost of total deposits
Banc of California Reports Second Quarter 2021 Financial Results
SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) today reported net income of $19.1 million and net income available to common stockholders for the second quarter of 2021 of $17.3 million, or diluted earnings per common share of $0.34. Highlights for the second quarter included: Return on average assets of 0.98% Total loan production of $904.1 million, including loan fundings of $847.0 million Period-end total cost of deposits of 0.20% and average cost of total deposits