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ASX:FMG News 20 January 2026

Fortescue share price slips as iron ore prices wobble and brokers turn cautious ahead of quarterly report

Fortescue share price slips as iron ore prices wobble and brokers turn cautious ahead of quarterly report

SYDNEY, Jan 20, 2026, 17:07 AEDT — Trading in after-hours session Fortescue Ltd (FMG.AX) shares edged down 0.6% to A$22.26 on Tuesday, adding to Monday’s 1.9% fall. The iron ore producer tracked weaker bulk commodity trends by the close. Throughout the session, prices swung between A$22.07 and A$22.43, data showed. (Investing) This change matters because Fortescue’s profits closely follow iron…

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  • Banc of California Q4 CY2025 Earnings Beat Revenue Estimates, Stock Declines
    January 21, 2026, 5:32 PM EST. Banc of California (NYSE:BANC) reported Q4 CY2025 revenue of $292.9 million, up 10.7% year-over-year, exceeding analysts' $289.1 million forecast. Non-GAAP earnings per share reached $0.42, beating expectations by 13.7%. Net interest income surged 77.2% to $416.9 million, largely surpassing estimates. Efficiency ratio improved significantly to 59.4% versus 64.4% projected. Despite strong financials, Banc of California's shares fell amid concerns over stagnant revenue growth over five years, which stood near $1.12 billion trailing 12 months. CEO Jared Wolff highlighted disciplined expense management and stable credit quality fueling double-digit loan and deposit growth. The regional bank, leveraging its tech-driven SmartStreet platform, focuses on small to mid-sized clients. Market cap is $3.14 billion, with net interest margin steady at 3.2%. Analysts question the long-term quality of growth despite recent gains.
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