BANC OF CALIFORNIA, INC. (BANC) Banc of California, Inc. is a financial holding company that, through its subsidiary Banc of California, National Association, delivers a full spectrum of banking products and services across the United States. The company's offerings encompass a variety of deposit solutions, including checking, savings, money market, and retirement accounts, alongside both interest-bearing and non-interest-bearing demand accounts, and certificates of deposit. Banc of California also provides diverse commercial and consumer lending options. Its commercial credit facilities include commercial and industrial loans, financing for commercial real estate and multifamily properties, construction loans, warehouse lending, and Small Business Administration (SBA) loans. For individual clients, available products feature single-family residential mortgages, home equity lines of credit (HELOCs), indirect/direct leveraged lending, and various other consumer loan types. In addition to core banking, the institution offers a range of supplementary financial services such as automated bill payment, comprehensive cash and treasury management, foreign exchange, various card payment solutions, remote and mobile deposit capture, automated clearing house (ACH) origination, wire transfers, direct deposit, and internet banking. Further services extend to master demand accounts, interest rate swaps, and secure safe deposit boxes. The company strategically invests in a diverse portfolio, including collateralized loan obligations (CLOs), agency securities, municipal bonds, agency residential mortgage-backed securities (RMBS), and corporate debt instruments. As of December 31, 2020, Banc of California maintained a physical presence with 29 full-service branches located throughout Southern California. Established in 1941 and headquartered in Santa Ana, California, the company rebranded to Banc of California, Inc. in July 2013, having previously been known as First PacTrust Bancorp, Inc.
Sector: National Commercial Banks
Industry: Banks - Regional
Banc of California, Inc. NYSE:BANC Financial Services · Banks - Regional
Mkt Cap $2.85B
Div Yield 2.56%
CLOSED · Nov 6 $17.98 CLOSED · Nov 6 Prev close $17.96 Close $17.98 0.00% AH close $17.98 VOL 1.43M $ Vol $25.69M RVOL 0.65x
Mkt Cap $2.85B
VOL 1.43M sh
$ Vol $25.69M
RVOL 0.65×
Div Yield 2.56%
Press Release
Banc of California, Inc. Announces Quarterly Dividends
Banc of California's board declared a quarterly cash dividend of $0.12 per common share, payable January 4, 2027, to holders of record December 15, 2026.
The board also declared a $0.4845 per-depositary-share dividend on its 7.75% Series F preferred stock, payable December 1, 2026.
The company continues to run a DRIP offering common shares at a 3% discount to market price; no dividend change was announced.
• 2d ago AI analysis › Press Release ● Major ⚠ 3
Banc of California, Inc. Reports Third Quarter Diluted Earnings per Share of $0.46, Up 21% Year Over Year
Banc of California reported Q3 2026 diluted EPS of $0.46, up 21% from $0.38 a year ago, with net earnings to common of $73.1 million and total revenue of $303.8 million, up 6% YoY.
The quarter showed positive operating leverage: pre-tax pre-provision income rose 16% YoY while expenses stayed flat, NIM expanded 21 bps QoQ to 3.34%, and loans and deposits grew 6% and 8% annualized respectively.
Capital and credit improved as CET1 rose 45 bps to 9.70%, NPLs fell to 0.72% of loans, and the provision dropped to $10.4 million from $161.8 million in Q2; management guided to further Q4 profitability gains from securities reinvestment and completed loan sales.
• 12d ago AI analysis › Press Release
Banc of California Launches Private Banking
Banc of California launched a new Private Banking service targeting high-net-worth individuals, family offices, business owners and executives.
The offering pairs dedicated Private Bankers with deposit, lending and treasury solutions, and positions the bank as a banking partner for wealth managers and RIAs. The group will be led by Aaron Houpis, EVP of Specialty Deposits & Private Banking.
CEO Jared Wolff framed the launch as filling a market gap for high-touch, tech-forward private banking; the initiative is a strategic push for premium deposits at the $34 billion-asset bank but carries no disclosed financial targets.
• 19d ago AI analysis › Press Release
Banc of California Announces Schedule of Third Quarter 2026 Earnings Release and Conference Call
Banc of California will release third quarter 2026 results after market close on Tuesday, October 27, 2026.
A conference call to discuss the results is scheduled for Wednesday, October 28, 2026, at 8:30 a.m. Pacific Time, with a webcast and slides available on the company's investor relations site.
This is a routine scheduling notice with no financial results or guidance; the substantive event is the earnings release itself.
• 1mo ago AI analysis › Press Release
Rithm Capital Appoints Ann DeVries as Head of Investor Relations
Rithm Capital Corp. (NYSE: RITM), a global alternative asset manager, has hired Ann DeVries as Head of Investor Relations, where she will lead engagement with shareholders and the sell-side analyst community.
DeVries brings more than 25 years of experience and most recently served as Head of Strategic Finance and Investor Relations at Banc of California (NYSE: BANC); she previously built Bakkt's IR function and spent 16 years at JPMorgan Chase.
For Banc of California, the release contains no issuer disclosure — DeVries is referenced only as a former employee — so there is no operational or financial read-through for BANC.
• 1mo ago AI analysis › Press Release
Banc of California, Inc. to Participate in the Barclays 24th Annual Global Financial Services Conference
Banc of California announced that Chairman and CEO Jared Wolff will attend the Barclays 24th Annual Global Financial Services Conference in New York from September 14–16.
Wolff is scheduled to participate in a fireside chat on September 15 at 2:00 p.m. Eastern Time, accessible via webcast on the company's investor relations website.
Banc of California holds over $34 billion in assets and operates 77 full-service branches across California, Colorado, and North Carolina.
• 2mo ago AI analysis › Press Release
Banc of California, Inc. Announces Quarterly Dividends
Banc of California declared a quarterly cash dividend of $0.12 per share on its outstanding common stock, payable October 1, 2026, to shareholders of record as of September 15, 2026.
The board also declared a quarterly cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F, payable September 1, 2026.
The company maintains a Dividend Reinvestment Plan allowing common stockholders to acquire shares at a 3% discount from the applicable market price.
• 3mo ago AI analysis › Press Release ● Major ⚠ 3
Banc of California, Inc. Reports Second Quarter 2026 Financial Results and Announces Strategic Balance Sheet Repositioning to Enhance Long-Term Earnings
Banc of California reported a second quarter net loss of $1.61 per share, driven by a strategic balance sheet repositioning that included selling $2.3 billion of lower-yielding securities and $827 million of commercial real estate loans.
The moves resulted in a $256.7 million pre-tax loss on securities but are expected to improve net interest margin through a 276 basis point yield pickup on redeployed capital, while also retiring $385 million of higher-cost subordinated debt.
Book value per share declined to $18.38 and tangible book value to $16.44, though capital ratios remain robust with a CET1 ratio of 9.25% and deposits increasing 2.9% to $28.1 billion.
• 3mo ago AI analysis › Press Release
Banc of California Announces Schedule of Second Quarter 2026 Earnings Release and Conference Call
Banc of California announced it will release its second quarter 2026 financial results before the market opens on Wednesday, July 29, 2026.
The company will host a conference call to discuss the results on the same day at 8:00 a.m. Pacific Time.
Investors can access the call by dialing (888) 317-6003 using event code 9364475 or via the live webcast on the company's investor relations website.
• 3mo ago AI analysis › Press Release
Allotera Therapeutics (Formerly Wugen) Closes $35 Million Financing to Advance Off-the-Shelf CAR-T Therapies for T-Cell Cancers
Allotera Therapeutics closed a $35 million financing round to advance its lead CAR-T therapy, Sofi-cel, with venture debt provided by Banc of California.
The financing brings the total Series C capital raised by Allotera to $150 million and will support the global pivotal trial for relapsed or refractory T-cell acute lymphoblastic leukemia.
Banc of California, which reported over $34 billion in assets, stated that it provides banking services to venture-backed businesses.
• 4mo ago AI analysis › Press Release
CANADIAN BANC CORP. Monthly Dividend Declaration for Class A & Preferred Share
globenewswire.com • 6mo ago 
