BANC News and Press, Banc of California Inc. From 01/30/23

Banc of California, Inc. (NYSE: BANC) today announced that its wholly owned subsidiary, Banc of California, N.A., California’s leading relationship-focused business bank, has hired Houri Vartanian Simon as SVP, Payments Risk and Operations. In this newly-created role, Simon will be res...

Banc of California, Inc. (BANC) Q4 2022 Earnings Conference Call January 19, 2023 1:00 PM ET Company Participants Jared Wolff - President, Chief Executive Officer Lynn Hopkins - Chief Financial Officer Conference Call Participants Matthew Clark - Piper Sandler ...

The following slide deck was published by Banc of California, Inc. in conjunction with their 2022 Q4 earnings call. For further details see: Banc of California, Inc. 2022 Q4 - Results - Earnings Call Presentation

Banc of California, Inc. (NYSE: BANC) today reported net income of $21.5 million, or $0.36 per diluted common share, for the fourth quarter of 2022. This compares to net income of $24.2 million, or $0.40 per diluted common share for the third quarter of 2022. The fourth quarter included a pre-tax...

Banc of California ( NYSE: BANC ) is scheduled to announce Q4 earnings results on Thursday, January 19th, before market open. The consensus EPS Estimate is $0.43 (+87.0% Y/Y) and the consensus Revenue Estimate is $86.18M (+10.6% Y/Y). Over the last 1 year, BANC has beaten EP...

Banc of California, Inc. (NYSE: BANC) today announced it will release financial results for the fourth quarter and fiscal year ended December 31, 2022 on Thursday, January 19, 2023. The Company will host a conference call to discuss these financial results at 10:00 a.m. Pacific Time (PT) on the...

Summary I'm reducing my loan growth estimate because of the third quarter's dismal performance as well as the tempering of loan demand in local markets. Thanks to a recent deposit mix improvement, margin expansion in future quarters will likely be better than in the third quarter. T...

Banc of California ( NYSE: BANC ) promoted several senior executives and said Executive Vice President and Chief Risk Officer Lynn Sullivan is set to retire. Sullivan's retirement is effective as of 2022-end, but will serve as a consultant to the banking unit for a...

Banc of California, Inc. (NYSE: BANC) (the “Company”), the holding company for Banc of California, N.A. (the “Bank”), today announced the promotions of several senior executives effective January 1, 2023. The Company also announced the retirement of Lynn Sullivan as th...

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...