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American Century Companies Inc. reduced its position in shares of Banc of California, Inc. (NYSE: BANC) by 47.6% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,191,885 shares of the bank's stock after selling 1,081,516 shares during the quarter. American Century
Handelsbanken Fonder AB lowered its stake in Banc of California, Inc. (NYSE: BANC) by 30.0% during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,616 shares of the bank's stock after selling 12,700 shares during the period. Handelsbanken Fonder AB's
Banc of California reported strong Q3 results, with net interest income up 5% and preferred dividends well covered by earnings. Loan loss provisions have normalized, and the loan book remains healthy, with most past-due loans backed by real estate collateral. BANC.PR.F preferred shares offer a 7.85% yield, trading below par, and will reset to a potentially higher rate in 2027 based on Treasury yields.
LOS ANGELES--(BUSINESS WIRE)-- #Entrepreneurs--Steadfast LA, in partnership with Banc of California, distributed a second round of small business recovery grants through its Small Business Initiative, awarding a total of $400,000 to ten cornerstone businesses in Altadena, Malibu, Pasadena, and the Pacific Palisades to help them reopen, restore jobs, and bring a sense of normalcy back to their communities. When combined with the first round of grants, this initiative has now disbursed $525,000 in direct support.
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 January 2, 2026, to stockholders of record as of December 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 wil.
World Investment Advisors lifted its stake in Banc of California, Inc. (NYSE: BANC) by 26.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,276 shares of the bank's stock after buying an additional 6,294 shares during the period.
Banc of California (NYSE: BANC - Get Free Report) and FinWise Bancorp (NASDAQ: FINW - Get Free Report) are both finance companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, analyst recommendations, earnings, profitability and dividends. Profitability This table compares Banc of California
Mutual of America Capital Management LLC lowered its position in Banc of California, Inc. (NYSE: BANC) by 18.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,444 shares of the bank's stock after selling 3,615 shares during
Banc of California, Inc. (NYSE:BANC ) Q3 2025 Earnings Call October 23, 2025 1:00 PM EDT Company Participants Ann DeVries - Senior VP of Strategic Finance & Head of Investor Relations Jared Wolff - Chairman of the Board,President & CEO Joseph Kauder - Executive VP & CFO Conference Call Participants Jared David Shaw - Barclays Bank PLC, Research Division Timur Braziler - Wells Fargo Securities, LLC, Research Division Matthew Clark - Piper Sandler & Co., Research Division David Feaster - Raymond James & Associates, Inc., Research Division Christopher McGratty - Keefe, Bruyette, & Woods, Inc., Research Division Andrew Terrell - Stephens Inc., Research Division Gary Tenner - D.A. Davidson & Co., Research Division Anthony Elian - JPMorgan Chase & Co, Research Division Timothy Coffey - Janney Montgomery Scott LLC, Research Division Presentation Operator Hello, and welcome to Banc of California's Third Quarter Earnings Conference Call.
The headline numbers for Banc of California (BANC) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Banc of California (BANC) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.25 per share a year ago.
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC): $19.09 5% Book Value Per Share Total Revenue Growth $0.38 9% Earnings Per Share $16.99 17% Noninterest-bearing Tangible Book Value Pre-Tax Pre-Provision Deposits Annualized Growth Per Share(1) Income Growth(1) 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 thi.
Banc of California takes signage on top of landmark downtown Los Angeles building LOS ANGELES , Oct. 20, 2025 /PRNewswire/ -- Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC) and one of the nation's leading relationship-based business banks, has inked an 11-year office lease in downtown Los Angeles for 40,000 square feet and will see its name and logo emblazoned on the city's skyline early next year. The new office is located at 865 S.
Banc of California (BANC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Banc of California (BANC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) today announced it will release 2025 third quarter financial results after market close on Wednesday, October 22, 2025. The Company will host a conference call to discuss its third quarter results the following day on Thursday, October 23, 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 5396883. A link to the.
Anton Schutz, Mendon Capital Advisors president and CIO, joins 'Power Lunch' to discuss Schutz' thoughts on bank stocks.
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.