BANC Stock Recent News

Banc of California, Inc. (NYSE:BANC ) Barclays 23rd Annual Global Financial Services Conference September 9, 2025 10:30 AM EDT Company Participants Jared Wolff - Chairman of the Board,President & CEO Conference Call Participants Jared David Shaw - Barclays Bank PLC, Research Division Presentation Jared David Shaw MD & Senior Equity Research Analyst Thanks, everybody. We'll get started.

LOS ANGELES--(BUSINESS WIRE)-- #Entrepreneurs--Steadfast LA, in partnership with Banc of California, distributed the first small business recovery grants through their Small Business Initiative, providing a collective total of $125,000 to three cornerstone Altadena businesses: Webster's Community Pharmacy which will celebrate its 100th anniversary of serving Altadena next year, Fair Oaks Burger and Altadena Cookie Co. These small businesses will use the grants to recover from fire-related damages they have incu.

Banc of California's preferred dividends are well covered, despite a high payout ratio due to a one-off loan loss provision. The Series F preferred shares offer a 7.75% fixed yield, with a potential reset in 2027 based on the five-year Treasury rate plus 482 bps. Loan book quality appears stable, with most past-due loans secured by real estate and a conservative 60% average LTV on CRE loans.

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 depositary share on its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F. The dividend wi.

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 other independent businesses in Altadena, Malibu, and the Pacific Palisades impacted by the devastating Eaton and P.

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.

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 California (the “Bank”), today reported financial results for the second quarter ended June 30, 2025. The.

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 my preferred thresholds.

Banc of California (BANC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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 attend the conference call by dialing (888) 317-6003 and referencing event code 7565369. A link to the live.