Banc of California (NYSE:BANC) reported quarterly earnings of $0.31 per share which met the analyst consensus estimate. This is a 24 percent increase over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $240.22 million which missed the analyst consensus estimate of $260.35 million by 7.74 percent. This is a 3.46 percent increase over sales of $232.18 million the same period last year.