BANC - Banc of California Inc (BANC) Q1 2024 Earnings Call Transcript
2024-04-26 17:36:03 ET
Banc of California Inc (BANC)
Q1 2024 Results Conference Call
April 23, 2024 1:00 PM ET
Company Participants
Jared Wolff - Vice Chairman, President & CEO
Joseph Kauder - Executive VP & CFO
Conference Call Participants
Jared Shaw - Barclays
Matthew Clark - Piper Sandler
Chris McGratty - KBW
Timur Braziler - Wells Fargo
Gary Tenner - D.A. Davidson
Andrew Terrell - Stephens
Timothy Coffey - Janney
Brandon King - Truist Securities
David Feaster - Raymond James
Presentation
Operator
Hello, and welcome to Banc of California's First Quarter Earnings Conference Call. [Operator Instructions] Today's call is being recorded and a copy of the recording will be available later today on the company's Investor Relations website.
Today's presentation will also include non-GAAP measures. The reconciliation for these and additional required information is available in the earnings press release, which is available on the company's Investor Relations website. The reference presentation is also available on the company's Investor Relations website.
Before we begin, we would like to direct everyone to the company's safe harbor statement on forward-looking statements included in both the earnings release and the earnings presentation.
I would now like to turn the conference over to Mr. Jared Wolff, Banc of California's President and Chief Executive Officer.
Jared Wolff
Welcome to Banco California's first quarter earnings call. Joining me on today's call are Joe Kauder, our CFO, and Will Black, our Head of Strategy.
As I was saying earlier, we executed well in our first full quarter as a combined company. For those of you who have followed Banc of California for the past several years, you have heard us talk about our commitment to demonstrating success methodically by making continuous progress on key initiatives and consistently moving the ball down the field. That's what we did in the first quarter, and we made solid progress on the initiatives that will lead to us achieving the profitability targets that we have set for the fourth quarter of 2024....
Banc of California Inc (BANC) Q1 2024 Earnings Call Transcript