Banc of California, Inc. (BANC) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

factors outside of our control, and actual results may differ materially. For discussion of some of the risks that could affect our results, please see our Safe Harbor Statement on forward-looking statements included in both the earnings release and the earnings presentation, as well as the risk factors section of our most recent 10-K. Joining me on today's call are Jared Wolf, Chairman and Chief Executive Officer, and Joe Cowder, Chief Financial Officer. After our prepared remarks, we will be taking questions from the analyst community. I would like to now turn the conference call over to Jared. Thanks, Anne, and good morning, everyone. I have a prepared script here, but let me go off script for a minute. This was a really great quarter and end to the year. I really couldn't be more pleased with the execution of our team, and as you all know, we spent 2024 integrating the merger that was completed at the end of 23, and so 2025 was supposed to be business as usual for Well, in my view, there really was nothing usual about what we did in 2025. It really represented very strong performance by our teams on both sides of the balance sheet. Solid credit management, great expense controls, and we did a great job bringing new high-quality relationships to the bank. Our production these last several quarters has been particularly good. And as I frequently say, you know, we try to move the ball down the field each quarter, and sometimes it's a lot of plays that work. Other times it's just a long pass that gets us there, but at least this quarter it felt like we played a ton of offense, our time of possession was very long, and we strung together a lot of good plays. In my view, we did this very well throughout all of 25, expanding our core earnings power and profitability, st...