BANC News and Press, Banc of California Inc. From 11/14/22

Banc of California, Inc. (NYSE: BANC) (the “Company”), the holding company for Banc of California, N.A. (the “Bank”), today announced the appointment of Raymond Rindone as Chief Accounting Officer and Deputy Chief Financial Officer of the Company and the Bank...

Banc of California, Inc. (BANC) Q3 2022 Earnings Conference Call October 20, 2022, 01:00 PM ET Company Participants Jared Wolff - President, Chief Executive Officer Lynn Hopkins - Chief Financial Officer Conference Call Participants Timur Braziler - Wells...

Banc of California press release ( NYSE: BANC ): Q3 Non-GAAP EPS of $0.44 misses by $0.04 . Revenue of $85.09M (+24.2% Y/Y) misses by $3.37M . Return on average assets of 1.02% Adjusted return on average assets of 1.13% Pre-tax pre-provision return on a...

Banc of California, Inc. (NYSE: BANC) today reported net income and net income available to common stockholders of $24.2 million, or $0.40 per diluted common share, for the third quarter of 2022. This compares to net income and net income available to common stockholders of $26.7 millio...

Summary Following last year's acquisition, organic loan growth will likely remain at a satisfactory level this year thanks to improving economic activity in California. The margin is only slightly rate-sensitive. BANC currently has more rate-sensitive deposits than loans. The ...

Banc of California, Inc. (NYSE: BANC) today announced it will release 2022 third quarter financial results on Thursday, October 20, 2022. The Company will host a conference call to discuss its third quarter earnings at 10:00 a.m. Pacific Time (PT) on the same day. Interested par...

Banc of California ( NYSE: BANC ) the parent holding company of Banc of California, N.A. has acquired the payments platform and technology Global Payroll Gateway, Inc. and its Florida-based wholly-owned subsidiary, Deepstack Technologies, LLC  for $24M in cash an...

Banc of California, Inc. (NYSE: BANC) (the “Company”), the parent holding company of Banc of California, N.A. (the “Bank”), today announced that the Bank has acquired the payments platform and technology of Global Payroll Gateway, Inc. and its wholly-owned su...

Banc of California has reduced the risks posed by the securities portfolio to the book value and the worst should be behind us. At 10X earnings and 1.3X tangible book value, the stock is getting interesting not in the least because it retains 85% of its earnings. The LTV ratios in...

Banc of California, Inc. (BANC) Q2 2022 Earnings Conference Call July 21, 2022 01:00 p.m. ET Company Representatives Jared Wolff - President, Chief Executive Officer Lynn Hopkins - Chief Financial Officer Conference Call Participants Timur Braziler - Well...