Banc of California's $70M Turnaround: Investors React
Update: 2025-10-22
Description
Banc of California stuns Wall Street with a nearly $70 million profit in the third quarter, a massive turnaround from last year's losses. Shares surged almost 10% as the bank beat forecasts on both earnings and revenue, signaling potential growth and sparking investor optimism. Will this momentum continue? All eyes are on Banc of California's next moves.
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