BANC News and Press, Banc of California Inc. From 11/16/21

Banc of California seems to be flying under the radar despite its decent size with over $8B in assets. The 9M 2021 profit was boosted by a reversal of loan loss provisions, although the total amount of loans past due is increasing. The valuation isn't cheap, and Banc of California...

Banc of California, Inc. (BANC) Q3 2021 Earnings Conference Call October 21, 2021, 13:00 ET Company Participants Jared Wolff - President, CEO & Director Lynn Hopkins - CFO & EVP Conference Call Participants Timur Braziler - Wells Fargo Securities Matthew Clark - Piper Sandler & Co...

Image source: The Motley Fool. Banc of California, inc (NYSE: BANC) Q3 2021 Earnings Call Oct 21, 2021 , 1:00 p.m. ET Operator Continue reading For further details see: Banc of California, inc (BANC) Q3 2021 Earnings Call Transcript

Banc of California, Inc. (NYSE: BANC) today reported net income of $23.2 million and net income available to common stockholders for the third quarter of 2021 of $21.4 million, or diluted earnings per common share of $0.42. Highlights for the third quarter included: Return on ...

Acquisition creates a business banking franchise in Southern California with over $9 billion in assets Three new independent directors appointed to the Board of Directors Banc of California, Inc. (NYSE: BANC) (the “Company” or “Ba...

Merck acquires Acceleron for $180 per share in cash. Amicus Therapeutics to launch a genetic medicine company, Caritas Therapeutics through a business combination agreement with ARYA Sciences Acquisition Corp IV. Five9 and Zoom Video Communications mutually terminate their merger ...

Banc of California, Inc. (NYSE: BANC) (the “Company”) and Pacific Mercantile Bancorp (NASDAQ: PMBC) (“Pacific Mercantile”) today announced that all required regulatory approvals for the mergers of Pacific Mercantile into the Company and Pacific Mercantile Ban...

Banc of California, Inc. (NYSE: BANC) today announced it will release 2021 third quarter financial results on Thursday, October 21, 2021. 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...

M&A and SPAC activity are back on track. Two rumored deals materialize at significant premiums. Five active deals completed successfully. For further details see: Merger Arbitrage Mondays - Landmark Infrastructure Partners Acquired By Its General Partner At A Signifi...

Two rumored deals materialize at very large premiums. In a battle of railroads, Canadian Pacific comes back but gets rejected by Kansas City Southern. SPACs fire up with 17 new IPOs filed just last week. For further details see: Merger Arbitrage Mondays - BAMR Acquires A...