Banc of California Incorporated Stock News

LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share on its outstanding common stock. The dividend will be payable October 1, 2025, to stockholders of record as of September 15, 2025. The Board of Directors also declared a quarterly cash dividend of $0.4845 per deposi...

LOS ANGELES--(BUSINESS WIRE)-- #FireRecovery--Steadfast LA, the nonprofit founded by civic leader and businessman Rick Caruso to accelerate the rebuilding of Los Angeles with private-sector solutions, announced today a Small Business Initiative launched with a $1 million donation from Banc of California's Wildfire Relief & Recovery Fund. The initiative will support retailers, restaurants, and o...

Banc of California (BANC -1.39%) reported Q2 2025 earnings on July 22, 2025, noting adjusted net income of $48.4 million ($0.31 per share). Net interest income rose 3.4% quarter over quarter to $240 million, and tangible book value per share increased for the fifth consecutive quarter to $16.46.

Banc of California, Inc. (NYSE:BANC ) Q2 2025 Earnings Conference Call July 24, 2025 1:00 PM ET Company Participants Ann Park DeVries - Senior VP of Strategic Finance & Head of Investor Relations Jared M. Wolff - Chairman of the Board,President & CEO Joseph Kauder - Executive VP & CFO Conference Call Participants Benjamin Tyson Gerlinger - Citigroup Inc., Research Division Christopher Edward Mc...

LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC): $0.12 Earnings Per Share   $0.31 Adjusted Earnings Per Share(1)   $18.58 Book Value Per Share   $16.46 Tangible Book Value Per Share(1)     9.92% CET1 Ratio       9% Annualized Loan Growth   Banc of California, Inc. (NYSE: BANC) (“Banc of California” or the “Company”), the parent company of wholly-owned subsidiary Banc of Cali...

I am downgrading Banc of California to 'hold' due to underperformance, high valuation, and mediocre asset quality despite post-merger improvements. While recent earnings and net interest margin have improved, the price-to-earnings ratio remains too high for my comfort compared to peers. Asset quality and profitability metrics lag behind industry targets, with return on assets and equity below m...

Companies passing the screen for low valuations, rapid dividend growth and business-expansion prospects include PepsiCo and Occidental Petroleum.

LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) today announced it will release 2025 second quarter financial results after market close on Wednesday, July 23, 2025. The Company will host a conference call to discuss its second quarter results the following day on Thursday, July 24, 2025 at 10:00 a.m. Pacific Time (PT). Interested parties are welcome to atten...