Banc of California Expects Fourth-Quarter Pre-Tax Pre-Provision Income of $125 Million-$130 Million
Bitget2026/10/27 20:28- Banc of California reaffirmed fourth-quarter 2026 pre-tax pre-provision income guidance of $125 million-$130 million, implying 6%-10% sequential growth.
- Net interest margin guidance narrowed to 3.35%-3.4% from 3.3%-3.4%, following a third-quarter increase of 21 basis points to 3.34%.
- Return on average tangible common equity is forecast at 12%-12.5%, versus the previous 11.5%-12.5% range.
- Loan sales are expected to contribute about 2 basis points of margin growth in the fourth quarter.
- The CET1 ratio is expected to reach 9.8%-9.9%, versus 9.7% in the third quarter, exceeding 10% in first-quarter 2027.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AppLovin (APP.US) delivers "textbook-level" performance: Q3 revenue surges 55%, net profit margin of 66% tops the advertising industry! $1.4 billion buyback in a single quarter
AppLovin (APP.US) released its financial results for the third quarter of 2026 (ending September 30) after the US stock market closed on Wednesday. The advertising technology company once again delivered a "textbook-level" performance: revenue, net profit, and adjusted EBITDA all reached record highs for a single quarter, with profitability indicators far ahead of major advertising platforms.
BUZZ - Edwards Lifesciences shares rise after raising 2026 profit outlook
Crypto prices
More
