BANC - Banc of California Inc. (PACW) Q4 2023 Earnings Call Transcript
2024-01-25 16:48:04 ET
Banc of California, Inc. (PACW)
Q4 2023 Earnings Conference Call
January 25, 2024 1:00 PM ET
Company Participants
Jared Wolff – President and Chief Executive Officer
Joe Kauder – Chief Financial Officer
Bill Black – Head-Strategy
Conference Call Participants
Matthew Clark – Piper Sandler
Brandon King – Truist
Gary Tenner – D.A. Davidson
Andrew Terrell – Stephens
Timur Braziler – Wells Fargo
Kelly Motta – KBW
Tim Coffey – Janney
Presentation
Operator
Hello, and welcome to Banc of California's Fourth Quarter Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask question. [Operator Instructions] Today's call is being recorded, and a copy of the recording will be available later today on the company's Investor Relations website.
Today's presentation will also include non-GAAP measures. The reconciliation for these and additional required information is available in the earnings press release, which is available on the company's Investor Relations website. The reference presentation is also available on the company's Investor Relations website.
Before we begin, we would like to direct everyone to the company's safe harbor statement on forward-looking statements included in both the earnings release in the earnings presentation.
At this time, I'd like to turn the floor over to Mr. Jared Wolff, Banc of California's President and Chief Executive Officer.
Jared Wolff
Good morning. Welcome to Banc of California's fourth quarter earnings call. Joining me on today's call are Joe Kauder, our CFO; and our Bill Black, our Head of Strategy.
Our investor presentation, along with our earnings release, were designed to provide a great deal of information given the unusual nature of the fourth quarter, which was impacted by the closing of the merger and several one-time items related to our balance sheet repositioning actions. We aren't going to do a detailed walk-through of the changes in various line items from the prior quarter. Instead, we'll utilize the time on our call today to introduce the new Banc of California, provide an update on the progress we have made on the balance sheet repositioning and lay out the timing for our integration and provide insight into the key financial metrics for Q1 and beyond. We'll be happy to answer any specific questions to our fourth quarter results later in the call....
Banc of California, Inc. (PACW) Q4 2023 Earnings Call Transcript