Banc of California (BANC) shares are down more than 1% in early trading after the bank said it swung to a loss in Q1 2014.
Banc of California reported Q1 net income of $757,000 with a net loss attributable to shareholders of $0.01 per share, down from earnings of $0.05 per share a year prior.
Earnings estimates were not available.
BANC trades in a 52-week range of $11.45 to $15.88.
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