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BANC News and Press, Banc of California Inc. From 04/19/23

Stock Information

Company Name: Banc of California Inc.
Stock Symbol: BANC
Market: NYSE
Website: bancofcal.com

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BANC - Banc of California Q1 2023 Earnings Preview

2023-04-19 13:32:50 ET Banc of California ( NYSE: BANC ) is scheduled to announce Q1 earnings results on Thursday, April 20th, before market open. The consensus EPS Estimate is $0.38 (-44.9% Y/Y) and the consensus Revenue Estimate is $82.77M (+0.5% Y/Y). Over the last ...

BANC - Banc of California Announces Schedule of First Quarter 2023 Earnings Release and Conference Call

Banc of California, Inc. (NYSE: BANC) today announced it will release 2023 first quarter financial results on Thursday, April 20, 2023. The Company will host a conference call to discuss its first quarter earnings at 10:00 a.m. Pacific Time (PT) on the same day. Interested parties are welco...

BANC - Kroll Bond Rating Agency Affirms Banc of California Investment Grade Rating and Stable Outlook

Banc of California, Inc. (NYSE: BANC) (the “Company”), the holding company for Banc of California, N.A. (the “Bank”), today announced that the Kroll Bond Rating Agency (KBRA), a Nationally Recognized Statistical Rating Organization registered with the U.S. Securities a...

BANC - U.S. Zombie Firms With The Highest Potential Credit Risks

2023-03-15 12:22:49 ET Summary The Federal Reserve commissioned a study in 2021 to evaluate, "How Many U.S. Zombie Firms and How Consequential?" In the wake of the largest banking collapses since 2008, this article evaluates which firms may most be at risk from a credit event. ...

BANC - Banc of California: Top-Line Outlook Remains Bright Despite Recent Performance

2023-03-08 20:08:32 ET Summary The balance sheet positioning hasn't changed much in the fourth quarter; therefore, the margin’s rate sensitivity is likely to remain unchanged relative to the last quarter. California's strong economy and recent hiring efforts will likely sup...

BANC - Banc of California CFO Lynn Hopkins to step down

Banc of California ( NYSE: BANC ) said Thursday Lynn Hopkins, EVP and CFO, will step down effective March 31. Raymond Rindone, current deputy CFO and chief accounting officer, has been named interim CFO, effective March 31. Rindone joined Banc of California ( BANC ) f...

BANC - Banc of California Announces Transition of Chief Financial Officer

Banc of California, Inc. (NYSE: BANC) (the “Company”), the holding company for Banc of California, N.A. (the “Bank”), today announced that Lynn Hopkins, Executive Vice President and Chief Financial Officer of the Company and the Bank, would transition from the Company ...

BANC - Banc of California raises dividend by 67% to $0.10 and announces $35M buyback

Banc of California ( NYSE: BANC ) declares $0.10/share quarterly dividend , 66.7% increase from prior dividend of $0.06. Forward yield 2.34% Payable April 3; for shareholders of record March 15; ex-div March 14. The company also announced that its Board of Director...

BANC - Banc of California Announces Quarterly Dividend Increase of 67% to $0.10 and $35 Million Stock Repurchase Program

Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share on its outstanding common stock. This dividend represents an increase of $0.04 per share, or 66.7%, over the dividend paid in the previous quarter. The divi...

BANC - Banc of California Names Houri Vartanian Simon as SVP, Payments Risk and Operations

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...

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