Banc of California Inc (N:BANC)

Business Focus: Banks

May 15, 2019 04:26 pm ET
Banc of California Announces Quarterly Dividends
Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share on its outstanding common stock, consistent with the Company’s previously reported plan to reduce the quarterly dividend from $0.13 to $0.06 per common share. The dividend will be payable on July 1, 2019 to stockholders of record as of June 17, 2019. Based on the trading price of [$14.16] as of close of market on May 14, 2019, the cash dividend results in an annualized dividend yield of [1.69%].
Apr 30, 2019 09:08 pm ET
Banc of California Announces Participation at Upcoming May Investor Conferences
Banc of California, Inc. (NYSE: BANC), today announced that Jared Wolff, President and Chief Executive Officer, and John Bogler, Chief Financial Officer, will be participating at upcoming May investor conferences as follows:
Apr 23, 2019 01:00 am ET
Banc of California Reports First Quarter 2019 Earnings
Banc of California, Inc. (NYSE: BANC) today reported net income available to common stockholders of $2.7 million, for the first quarter of 2019, resulting in diluted earnings per common share of $0.05 for the quarter.
Apr 09, 2019 01:30 am ET
Banc of California Announces Schedule of First Quarter 2019 Earnings Release and Conference Call
Banc of California, Inc. (NYSE: BANC) today announced it will release 2019 first quarter financial results on Tuesday, April 23, 2019, before the market opens. 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.
Mar 05, 2019 12:30 am ET
Banc of California Names Jared Wolff as President and Chief Executive Officer
Banc of California, Inc. (the “Company”), the holding company for Banc of California, N.A. (the “Bank”) (NYSE: BANC), today announced that its Board of Directors (the “Board”) has named Jared Wolff as President, Chief Executive Officer and a director of the Company, effective March 18, 2019. Mr. Wolff will also be President, CEO and a director of the Bank.
Feb 15, 2019 12:30 am ET
Banc of California Announces Quarterly Dividends
Banc of California, Inc. (NYSE: BANC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on its outstanding common stock. The dividend will be payable on April 1, 2019 to stockholders of record as of March 15, 2019. Based on the trading price of $15.21 as of close of market on February 14, 2019, the cash dividend results in an annualized dividend yield of 3.42%.
Jan 24, 2019 11:00 pm ET
Banc of California Announces Credit Facility for magicJack and United Online
SANTA ANA, Calif., Jan. 25, 2019 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), the holding company for Banc of California, N.A. ("Bank"), today announced that it has acted as lead agent bank in providing a $90 million credit facility to subsidiaries of B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley") following its acquisition of magicJack VocalTec Ltd. ("magicJack"), a leading provider of Voice over IP cloud-based communications....
Jan 23, 2019 11:00 pm ET
Banc of California Reports Fourth Quarter 2018 Earnings
SANTA ANA, Calif., Jan. 24, 2019 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported net income available to common stockholders of $6.7 million, for the fourth quarter of 2018, resulting in diluted earnings per common share of $0.13 for the quarter.  ...
Jan 13, 2019 11:30 pm ET
Banc of California Announces Promotion of Jim Wiegandt to Executive Vice President, Head of Real Estate Banking
SANTA ANA, Calif., Jan. 14, 2019 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), the holding company for Banc of California, N.A. ("Bank"), today announced that Jim Wiegandt has been promoted to Executive Vice President, Head of Real Estate Banking for the Bank.  Mr. Wiegandt joined the Bank in November 2017 as Managing Director, Commercial Real Estate and Multifamily Banking.   Mr. Wiegandt will continue to oversee the Bank's Commercial Real Estate, Multifamily and Real Estate Construction Banking groups, and will add leadership responsibilities for the Single Family and Warehouse Ba...
Jan 09, 2019 11:30 pm ET
Banc of California Announces Schedule of Fourth Quarter 2018 Earnings Release and Conference Call
SANTA ANA, Calif., Jan. 10, 2019 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced it will release 2018 fourth quarter financial results on Thursday, January 24, 2019, before the market opens. The Company will host a conference call to discuss its fourth quarter earnings at 7:00 a.m. Pacific Time (PT) on the same day....
Nov 14, 2018 11:00 pm ET
Banc of California Announces Quarterly Dividends
SANTA ANA, Calif., Nov. 15, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on its outstanding common stock.  The dividend will be payable on January 2, 2019 to stockholders of record as of December 17, 2018.  Based on the trading price of $16.25 as of close of market on November 14, 2018, the cash dividend results in an annualized dividend yield of 3.20%....
Nov 01, 2018 01:00 am ET
Banc of California Announces Participation at Upcoming November Investor Conferences
SANTA ANA, Calif., Nov. 1, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced that Doug Bowers, President and Chief Executive Officer and John Bogler, Chief Financial Officer, will be participating at upcoming November investor conferences as follows:...
Oct 25, 2018 01:30 am ET
Banc of California Reports Third Quarter 2018 Earnings
SANTA ANA, Calif., Oct. 25, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported net income available to common stockholders of $3.8 million, for the third quarter of 2018, resulting in diluted earnings per common share of $0.07 for the quarter.  ...
Oct 12, 2018 02:00 am ET
Banc of California Announces Schedule of Third Quarter 2018 Earnings Release and Conference Call
SANTA ANA, Calif., Oct. 12, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced it will release 2018 third quarter financial results on Thursday, October 25, 2018, before the market opens. The Company will host a conference call to discuss its second quarter earnings at 7:00 a.m. Pacific Time (PT) on the same day....
Sep 04, 2018 01:30 am ET
Banc of California Appoints Barbara Fallon-Walsh to the Board of Directors
SANTA ANA, Calif., Sept. 4, 2018 /PRNewswire/ -- Banc of California, Inc. (the "Company")(NYSE: BANC), today announced that Barbara Fallon-Walsh has been appointed to its Board of Directors (the "Board") as well as to the Board of Banc of California, N.A. ("Bank"), the Company's subsidiary bank.  The appointment to each of the Boards is effective as of September 1, 2018.      ...
Aug 30, 2018 01:00 am ET
Banc of California Announces Further Expansion of Entertainment and Business Management Banking Teams
SANTA ANA, Calif., Aug. 30, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), the holding company for Banc of California, N.A. ("Bank") today announced it has further expanded its Private Banking division in Los Angeles through the addition of 3 banking professionals focusing on Entertainment and Business Management. The Bank announced the hiring of Steven Hamilton, as Senior Director, Private Banking, Rafael Lopez, Jr., as Senior Director, Private Banking and Debbie Maisch, as Private Banking Officer.  ...
Aug 21, 2018 01:00 am ET
Banc of California Announces Matthew Ashworth as Senior Vice President, Head of Business Banking
SANTA ANA, Calif., Aug. 21, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), the holding company for Banc of California, N.A. ("Bank") today announced it has hired Matthew Ashworth to serve as Senior Vice President, Head of Business Banking for the Bank.  Mr. Ashworth joins the Bank from City National Bank, where he served as the Senior Vice President, Business Banking Manager.      ...
Aug 16, 2018 01:00 am ET
Banc of California Announces the Promotion of Thomas Hill to Senior Vice President, Head of Middle Market Banking
SANTA ANA, Calif., Aug. 16, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), the holding company for Banc of California, N.A. ("Bank") today announced the promotion of Thomas Hill to serve as Senior Vice President, Head of Middle Market Banking for the Bank.  Mr. Hill joined Banc of California in March 2018 as the Commercial Banking Market Executive for Los Angeles.  In the expanded role, Mr. Hill will oversee all middle market banking efforts covering Los Angeles, Orange and San Diego counties.      ...
Aug 15, 2018 02:00 am ET
Banc of California, Inc. Announces Redemption of 8.00% Series C Non-Cumulative Perpetual Preferred Stock and Related Depositary Shares
SANTA ANA, Calif., Aug. 15, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced that it is calling for redemption of all 40,250 outstanding shares of its 8.00% Series C Non-Cumulative Perpetual Preferred Stock (the "Series C Preferred Stock"), which will result in the simultaneous redemption of all 1,610,000 of the outstanding related depositary shares (the "Series C Depositary Shares"), each representing a 1/40th interest in a share of Series C Preferred Stock (NYSE: BANC PRC)....
Aug 15, 2018 01:00 am ET
Banc of California Announces Quarterly Dividends
SANTA ANA, Calif., Aug. 15, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on its outstanding common stock.  The dividend will be payable on October 1, 2018 to stockholders of record as of September 14, 2018.  Based on the trading price of $19.98 as of close of market on August 14, 2018, the cash dividend results in an annualized dividend yield of 2.61%....
Aug 14, 2018 01:00 am ET
Banc of California Announces Christine Martin as Senior Vice President, Head of Treasury Product Management
SANTA ANA, Calif., Aug. 14, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), the holding company for Banc of California, N.A. ("Bank") today announced it has hired Christine Martin to serve as Senior Vice President, Head of Treasury Product Management for the Bank.  Ms. Martin joins the Bank from MUFG Union Bank, where she most recently served as Managing Director, Product Line Head for Liquidity and Revenue Management Products.      ...
Jul 26, 2018 02:00 am ET
Banc of California Reports Second Quarter 2018 Earnings
SANTA ANA, Calif., July 26, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported net income available to common stockholders of $9.7 million, for the second quarter of 2018, resulting in diluted earnings per common share of $0.18 for the quarter.  ...
Jul 12, 2018 05:00 am ET
Banc of California Announces Promotion of Jason Pendergist to Executive Vice President and Head of Commercial Banking
SANTA ANA, Calif., July 12, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), the holding company for Banc of California, N.A. ("Bank") today announced it has promoted Jason Pendergist to serve as Executive Vice President and Head of Commercial Banking for the Bank.  Mr. Pendergist joined the Bank in September 2017 as Executive Vice President and Head of Real Estate Banking.  Mr. Pendergist will continue to oversee the Bank's Real Estate Banking groups, and will add leadership responsibilities for the Commercial Banking group which includes Commercial Banking, Business Banking, Ass...
Jul 12, 2018 05:00 am ET
Banc of California Announces Schedule of Second Quarter 2018 Earnings Release and Conference Call
SANTA ANA, Calif., July 12, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced it will release 2018 second quarter financial results on Thursday, July 26, 2018, before the market opens. The Company will host a conference call to discuss its second quarter earnings at 7:00 a.m. Pacific Time (PT) on the same day....
Jun 18, 2018 03:40 am ET
New Research: Key Drivers of Growth for Outfront Media, Enel Chile, Banc of California, Northern Dynasty Minerals, Collegium Pharmaceutical, and Petroleo Brasileiro S.A. - Petrobras — Factors of Influ
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Outfront Media Inc. (NYSE:OUT), Enel Chile S.A. (NYSE:ENIC), Banc of...
May 15, 2018 12:05 pm ET
Banc of California Announces Quarterly Dividends
SANTA ANA, Calif., May 15, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on its outstanding common stock.  The dividend will be payable on July 2, 2018 to stockholders of record as of June 15, 2018.  Based on the trading price of $18.70 as of close of market on May 14, 2018, the cash dividend results in an annualized dividend yield of 2.78%....
May 09, 2018 05:00 am ET
Banc of California Announces Expansion of Entertainment and Sports Banking Groups within Private Banking Division
SANTA ANA, Calif., May 9, 2018 /PRNewswire/ -- Banc of California announced today it has expanded its Private Banking division in Los Angeles through the addition of a dedicated Entertainment Banking team. The Bank announced the hiring of Adrian Ward as Private Banking Market Executive for Entertainment Banking and Randi Greenberg as Senior Director, Private Banking.  The Bank also announced the addition of a new dedicated Sports Banking team headed by Ryan Donohue, Senior Director, Private Banking....
May 08, 2018 12:05 pm ET
Banc of California Announces Hiring of Jim Hazboun as Chief Human Resources Officer
SANTA ANA, Calif., May 8, 2018 /PRNewswire/ -- Banc of California today announced it has hired Jim Hazboun as Chief Human Resources Officer.  Mr. Hazboun joins Banc of California from Hyundai Capital America, where he served as Chief Human Resources Officer and Chief Administrative Officer.  ...
May 07, 2018 05:00 am ET
Banc of California to Present at D.A. Davidson Financial Institutions Conference on May 9, 2018
SANTA ANA, Calif., May 7, 2018 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC), announced today that Doug Bowers, the Company's President and Chief Executive Officer, is scheduled to present at the D.A. Davidson 20th Annual Financial Institutions Conference in Denver, CO at approximately 2:25 PM MT on Wednesday, May 9, 2018.  ...
Apr 27, 2018 02:00 am ET
Banc of California Reports First Quarter 2018 Earnings
SANTA ANA, Calif., April 27, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported net income available to common stockholders of $3.4 million, for the first quarter of 2018, resulting in diluted earnings per common share of $0.06 for the quarter.  ...
Apr 23, 2018 03:40 am ET
Investor Expectations to Drive Momentum within Banc of California, Alarm, Consolidated Edison, Summit Midstream Partners, LP, Prosperity Bancshares, and Texas Pacific Land Trust — Discovering Underlyi
NEW YORK, April 23, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Banc of California, Inc. (NYSE:BANC), Alarm.com...
Apr 20, 2018 12:15 pm ET
Banc of California Announces Schedule of First Quarter 2018 Earnings Release and Conference Call
SANTA ANA, Calif., April 20, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced it will release 2018 first quarter financial results on Friday, April 27, 2018, before the market opens.  The Company will host a conference call to discuss its first quarter earnings at 7:00 a.m. Pacific Time (PT) on the same day....
Apr 04, 2018 04:29 pm ET
Robbins Arroyo LLP Is Investigating the Officers and Directors of Banc of California, Inc. (BANC)
Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Banc of California, Inc. (NYSE: BANC) breached their fiduciary duties to shareholders. Banc of California operates as the bank holding company for Banc of California, National Association, which provides bank
Apr 04, 2018 05:00 am ET
Banc of California Announces Expansion of Commercial Banking Team in Los Angeles and Orange County
SANTA ANA, Calif., April 4, 2018 /PRNewswire/ -- Banc of California announced today it has expanded its Commercial Banking group in both Los Angeles and Orange County.  The Company announced the hiring of Thomas Hill as Commercial Banking Market Executive for Los Angeles, and has promoted Jeff Schwarzer to Commercial Banking Market Executive for Orange County.  ...
Mar 29, 2018 05:00 am ET
Banc of California Announces Key Additions to Commercial Deposit and Treasury Management Team
SANTA ANA, Calif., March 29, 2018 /PRNewswire/ -- Banc of California announced today it has hired two sales leaders for its Commercial Deposit and Treasury Management team.  Anel Califano joined the bank as Senior Vice President, Treasury Management Sales, and will lead the Treasury Management Sales organization.  Nicole Lorenz joined the bank as Senior Vice President, Specialty Markets and Products, and will lead the bank's expanded specialty deposits group....
Mar 28, 2018 05:00 am ET
Banc of California Announces Hiring of Leticia Aguilar as Executive Vice President, Community Banking
SANTA ANA, Calif., March 28, 2018 /PRNewswire/ -- Banc of California today announced it has hired Leticia Aguilar as Executive Vice President, Community Banking.  Ms. Aguilar joins Banc of California from MUFG Union Bank, where she served as Managing Director and Regional President for Consumer and Business Banking in the Los Angeles region and managed MUFG Union Bank's Los Angeles retail banking franchise.  ...
Mar 20, 2018 05:00 am ET
Banc of California Announces Commercial and Private Banking Expansion in San Diego
SANTA ANA, Calif., March 20, 2018 /PRNewswire/ -- Banc of California announced today it has expanded its San Diego commercial banking and private banking teams.  The Company hired Joubin Rahimi as Senior Vice President, Private Banking and promoted Joshua Mello to Vice President, Commercial Banking Relationship Manager:...
Feb 20, 2018 12:00 am ET
Banc of California Announces Retirement of General Counsel, John Grosvenor
SANTA ANA, Calif., Feb. 20, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) announced today the retirement of John Grosvenor as General Counsel effective April 15, 2018, and the appointment of Angelee Harris as his successor. Mr. Grosvenor will continue to be employed as General Counsel Emeritus after that date to serve as special counsel to the Board of Directors in connection with certain legacy matters and to assist in the transition of his responsibilities. ...
Feb 16, 2018 03:30 am ET
Analysis: Positioning to Benefit within Keane Group, Banc of California, Reinsurance Group of America, Ascena Retail Group, OncoSec Medical, and Discover Financial Services — Research Highlights Growt
NEW YORK, Feb. 16, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Keane Group, Inc. (NYSE:FRAC), Banc of...
Feb 15, 2018 12:00 am ET
Banc of California Announces Quarterly Dividends
SANTA ANA, Calif., Feb. 15, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on its outstanding common stock.  The dividend will be payable on April 2, 2018 to stockholders of record as of March 15, 2018.  Based on the trading price of $20.30 as of close of market on February 14, 2018, the cash dividend results in an annualized dividend yield of 2.56%....
Feb 07, 2018 03:00 am ET
Banc of California Announces Hiring of Kris Gagnon as Chief Credit Officer
SANTA ANA, Calif., Feb. 7, 2018 /PRNewswire/ -- Banc of California today announced it has hired Kris Gagnon as Chief Credit Officer.  Mr. Gagnon joins Banc of California from CIT Bank, where he served as Chief Credit Officer, and brings considerable expertise as a top tier credit executive in commercial banking....
Feb 06, 2018 10:05 am ET
Banc of California to Host Business Update Conference Call on February 8, 2018
SANTA ANA, Calif., Feb. 6, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced it will host a business update call to review the Company's strategic roadmap and investor presentation at 8:00 a.m. Eastern Time (ET) on Thursday, February 8, 2018....
Jan 25, 2018 12:00 am ET
Banc of California Reports Fourth Quarter 2017 Earnings
SANTA ANA, Calif., Jan. 25, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported net income available to common stockholders of $6.2 million, for the fourth quarter of 2017, resulting in diluted earnings per common share of $0.12 for the quarter.  Net income available to common stockholders for the full year was $37.3 million, resulting in diluted earnings per common share of $0.71 for the full year.  Diluted earnings per common share from continuing operations were $0.11 for the fourth quarter, and $0.63 for the full year.  ...
Jan 16, 2018 11:18 am ET
Banc of California Announces Schedule of Fourth Quarter and Full Year 2017 Earnings Release and Conference Call
SANTA ANA, Calif., Jan. 16, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced it will release 2017 fourth quarter and full year financial results on Thursday, January 25, 2018, before the market opens.  The Company will host a conference call to discuss its fourth quarter and full year earnings at 7:00 a.m. Pacific Time (PT) on the same day....
Dec 15, 2017 08:23 am ET
Robbins Arroyo LLP Is Investigating the Officers and Directors of Banc of California, Inc. (BANC) on Behalf of Shareholders
Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Banc of California (NYSE: BANC) breached their fiduciary duties to shareholders. Banc of California operates as the bank holding company for Banc of California, National Association, which provides banking p
Dec 14, 2017 11:10 am ET
Glancy Prongay & Murray LLP Commences Investigation on Behalf of Banc of California, Inc. Investors (BANC)
Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Banc of California, Inc. (“Banc of California” or the “Company”) (NYSE:
Dec 13, 2017 02:41 pm ET
BANC INVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of Banc of California, Inc. Investors
Law Offices of Howard G. Smith announces an investigation on behalf of Banc of California, Inc. (“Banc of California” or the “Company”) (NYSE: BANC) investors concerning the Company and its officers’ possible violations of federal securities laws.
Dec 11, 2017 04:10 am ET
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Banc of California, Inc. (BANC)
NEW YORK, Dec. 11, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of  Banc of California, Inc. ("Banc of California" or the "Company") (NYSE: BANC). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/banc. ...
Dec 08, 2017 12:32 pm ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Banc of California, Inc. - BANC
NEW YORK, Dec. 8, 2017 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Banc of California, Inc. ("Banc of California" or the "Company") (NYSE: BANC).  Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980....
Dec 08, 2017 10:47 am ET
EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Banc of California, Inc. – BANC
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Banc of California, Inc. (NYSE:BANC) resulting from allegations that Banc of California may have issued materially misleading business information to the investing public.
Dec 04, 2017 03:00 am ET
Research Report Identifies Ascena Retail Group, OncoSec Medical, Discover Financial Services, Keane Group, Banc of California, and Reinsurance Group of America with Renewed Outlook — Fundamental Analy
NEW YORK, Dec. 04, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Ascena Retail Group, Inc. (NASDAQ:ASNA), OncoSec...
Nov 29, 2017 07:33 am ET
Scott+Scott, Attorneys at Law, LLP Is Investigating Derivative Claims on Behalf of Shareholders of Banc of California, Inc.
Scott+Scott, Attorneys at Law, LLP (“Scott+Scott”), a national shareholder and consumer rights litigation firm, reminds shareholders of its investigation into whether certain officers and directors of Banc of California, Inc. (“Banc of California” or the “Company”) (NYSE:BANC
Nov 20, 2017 01:53 pm ET
Robbins Arroyo LLP Announces that Banc of California, Inc. (BANC) Securities Class Action Survives Motion to Dismiss
Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Banc of California (NYSE: BANC) breached their fiduciary duties to shareholders. On January 26, 2017, a securities class action complaint was filed against Banc of Ca
Nov 17, 2017 12:18 pm ET
Banc of California Announces Quarterly Dividends
SANTA ANA, Calif., Nov. 17, 2017 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on its outstanding common stock.  The dividend will be payable on January 2, 2018 to stockholders of record as of December 15, 2017.  Based on the trading price of $20.55 as of close of market on November 16, 2017, the cash dividend results in an annualized dividend yield of 2.53%....
Nov 08, 2017 04:00 am ET
Banc of California Announces Hiring of James Wiegandt as Managing Director, Commercial Real Estate and Multifamily Banking
SANTA ANA, Calif., Nov. 8, 2017 /PRNewswire/ -- Banc of California today announced it has hired James Wiegandt as Managing Director, Commercial Real Estate and Multifamily Banking.  Mr. Wiegandt joins Banc of California from Luther Burbank Savings, where he most recently served as Director of Retail Income Property Lending with 24 years of banking experience, including considerable expertise in commercial real estate lending focused primarily in Southern California....
Oct 31, 2017 06:00 am ET
Banc of California Director, Dr. Bonnie G. Hill, Named to Savoy Magazine's 2017 List of Most Influential Black Corporate Directors
SANTA ANA, Calif., Oct. 31, 2017 /PRNewswire/ -- Banc of California today announced that Dr. Bonnie G. Hill has been recognized by Savoy Magazine as one of the 2017 Most Influential Black Corporate Directors.  Dr. Hill joined the Board of Banc of California in June 2017 and previously served as director at over a dozen corporations, including numerous Fortune 500 companies....
Oct 26, 2017 10:27 am ET
Scott+Scott, Attorneys at Law, LLP Is Investigating Derivative Claims on Behalf of Shareholders of Banc of California, Inc. (BANC)
NEW YORK, Oct. 26, 2017 /PRNewswire/ -- Scott+Scott, Attorneys at Law, LLP ("Scott+Scott"), a national shareholder and consumer rights litigation firm, reminds shareholders of its investigation into whether certain officers and directors of Banc of California, Inc. ("Banc of California" or the "Company") (NYSE: BANC) breached fiduciary duties owed to the Company and its shareholders.  If you are a Banc of California shareholder, you are encouraged to contact a Scott+Scott attorney at (844) 818-6982 for additional information....
Oct 26, 2017 03:00 am ET
Banc of California Reports Third Quarter 2017 Earnings
SANTA ANA, Calif., Oct. 26, 2017 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported net income of $16.9 million, and net income available to common stockholders of $11.8 million, for the third quarter of 2017, resulting in diluted earnings per common share of $0.23 for the quarter.  Net income from continuing operations for the quarter was $18.1 million, resulting in diluted earnings per common share from continuing operations of $0.25....
Oct 23, 2017 03:35 pm ET
Banc of California Announces Hiring of Rita Dailey as Executive Vice President, Head of Deposits and Treasury Management Services
SANTA ANA, Calif., Oct. 23, 2017 /PRNewswire/ -- Banc of California today announced it has hired Rita Dailey as Executive Vice President, Head of Deposits and Treasury Management Services.  Ms. Dailey joins Banc of California from MUFG Union Bank, where she most recently served as Managing Director with over 25 years of banking experience, including considerable expertise in commercial deposits and treasury management....
Oct 13, 2017 06:50 pm ET
BANC OF CALIFORNIA INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Banc of California, Inc. – (BANC)
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Banc of California, Inc. (NYSE: BANC).
Oct 12, 2017 06:00 am ET
Banc of California Announces Schedule of Third Quarter 2017 Earnings Release and Conference Call
SANTA ANA, Calif., Oct. 12, 2017 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced it will release 2017 third quarter financial results on Thursday, October 26, 2017, before the market opens. The Company will host a conference call to discuss its third quarter earnings at 7:00 a.m. Pacific Time (PT) on the same day....
Oct 06, 2017 07:50 pm ET
BANC OF CALIFORNIA INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Banc of California, Inc. - (BANC)
NEW ORLEANS, Oct. 6, 2017 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Banc of California, Inc. (NYSE: BANC). ...
Sep 21, 2017 11:15 am ET
Scott+Scott, Attorneys at Law, LLP Announces Investigation of Banc of California, Inc. (BANC)
NEW YORK, Sept. 21, 2017 /PRNewswire/ -- Scott+Scott, Attorneys at Law, LLP ("Scott+Scott"), a national shareholder and consumer rights litigation firm, announces the commencement of an investigation into whether certain officers and directors of Banc of California, Inc. ("Banc of California" or the "Company") (NYSE: BANC) breached their fiduciary duties owed to the Company and its shareholders.  If you are a Banc of California shareholder, you are encouraged to contact a Scott+Scott attorney at (844) 818-6982 for additional information....
Sep 06, 2017 06:00 am ET
Banc of California Announces Hiring of Jason Pendergist as Executive Vice President and Head of Real Estate Banking
SANTA ANA, Calif., Sept. 6, 2017 /PRNewswire/ -- Banc of California today announced it has hired Jason Pendergist as Executive Vice President and Head of Real Estate Banking.  Mr. Pendergist joins Banc of California from Luther Burbank Savings, where he most recently served as President for Consumer and Commercial Banking.  He brings approximately 17 years of experience in commercial and real estate banking, with particular knowledge of the Southern California real estate markets....
Sep 05, 2017 03:00 am ET
Banc of California to Present at Raymond James Bank Conference on September 6, 2017
SANTA ANA, Calif., Sept. 5, 2017 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC), announced today that Doug Bowers, the Company's President and Chief Executive Officer, is scheduled to present at the Raymond James Bank Conference in Chicago, IL at approximately 1:30 PM CT on Wednesday, September 6, 2017.  ...
Aug 31, 2017 01:38 pm ET
Banc of California Announces Hiring of John A. Bogler as Chief Financial Officer
SANTA ANA, Calif., Aug. 31, 2017 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC) today announced it has hired John A. Bogler as Executive Vice President and Chief Financial Officer for the Company and its subsidiary, Banc of California, N.A. (the "Bank"), effective September 5, 2017.  Mr. Bogler brings nearly 30 years of experience in the banking and financial services sector, including most recently serving as Chief Financial Officer of Sabal Financial Group, L.P. since 2014.  Mr. Bogler's appointment comes after the conclusion of a nationwide executive search, led by ...
Aug 18, 2017 01:10 pm ET
Banc of California Announces Quarterly Dividends
SANTA ANA, Calif., Aug. 18, 2017 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on its outstanding common stock.  The dividend will be payable on October 2, 2017 to stockholders of record as of September 15, 2017.  Based on the trading price of $18.58 as of close of market on August 17, 2017, the cash dividend results in an annualized dividend yield of 2.80%....
Jul 26, 2017 03:00 am ET
Banc of California Reports Second Quarter 2017 Earnings
SANTA ANA, Calif., July 26, 2017 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported net income of $12.3 million, and net income available to common stockholders of $7.1 million, for the second quarter of 2017, resulting in diluted earnings per common share of $0.14 for the quarter.  Net income from continuing operations for the quarter was $15.1 million, resulting in diluted earnings per common share from continuing operations of $0.20....
Jul 17, 2017 01:32 pm ET
Banc of California Announces Schedule of Second Quarter 2017 Earnings Release and Conference Call
SANTA ANA, Calif., July 17, 2017 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced it will release 2017 second quarter financial results on Wednesday, July 26, 2017, before market open. The Company will host a conference call to discuss its second quarter earnings at 7:00 a.m. Pacific Time (PT) on the same day....
Jun 14, 2017 03:00 am ET
Banc of California Announces Resignation of J. Francisco A. Turner; Names Albert J. Wang PFO; Continues Search for Permanent CFO
SANTA ANA, Calif., June 14, 2017 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC) today announced that J. Francisco A. Turner has resigned from his roles as interim Chief Financial Officer ("CFO") and Chief Strategy Officer. Albert J. Wang, current Chief Accounting Officer, will assume the role of Principal Financial Officer ("PFO") as the Company continues its search for a permanent CFO with the assistance of Korn Ferry. ...
May 18, 2017 01:30 pm ET
Banc of California Announces Quarterly Dividends
SANTA ANA, Calif., May 18, 2017 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on its outstanding common stock.  The dividend will be payable on July 3, 2017 to stockholders of record as of June 15, 2017.  Based on the trading price of $20.10 as of close of market on May 17, 2017, the cash dividend results in an annualized dividend yield of 2.59%....
May 03, 2017 03:00 am ET
Banc of California Reports First Quarter 2017 Earnings
SANTA ANA, Calif., May 3, 2017 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported net income of $17.2 million, and net income available to common stockholders of $12.1 million, for the first quarter of 2017, resulting in diluted earnings per common share of $0.23 for the quarter. ...
May 02, 2017 06:05 am ET
Banc of California Announces Schedule of First Quarter 2017 Earnings Release and Conference Call
SANTA ANA, Calif., May 2, 2017 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced it will release 2017 first quarter financial results on Wednesday, May 3, 2017, before market open. The Company will host a conference call to discuss its first quarter earnings at 7:00 a.m. Pacific Time (PT) on the same day....
Apr 27, 2017 06:00 am ET
Banc of California Names Doug Bowers President and Chief Executive Officer
SANTA ANA, Calif., April 27, 2017 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC) today announced that its Board of Directors (the "Board") has appointed Doug Bowers as President, Chief Executive Officer, effective May 8, 2017, and a director of the Board. Mr. Bowers' appointment follows a nationwide search by the Board's Nominating and Corporate Governance Committee with the assistance of Korn Ferry, a nationally recognized executive search agency. Mr. Bowers has also been appointed as President and Chief Executive Officer of the Company's subsidiary, Banc of Californi...
Apr 04, 2017 01:30 pm ET
Mary Curran and Bonnie Hill Appointed to Board of Directors and Eric Holoman Announces Resignation
SANTA ANA, Calif., April 4, 2017 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC) today announced that Mary Curran and Bonnie Hill have been appointed to its Board of Directors (the "Board").  Both Ms. Curran and Dr. Hill also have been appointed as a director of Banc of California, N.A., the Company's subsidiary bank (the "Bank").  Both appointments to the Board will become effective at the conclusion of the Company's 2017 Annual Meeting of Stockholders on June 9, 2017. ...
Mar 18, 2017 09:25 am ET
UPDATED CLASS PERIOD FOR BANC INVESTORS: Lundin Law PC Announces Securities Class Action Lawsuit against Banc of California, Inc., and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, March 18, 2017 (GLOBE NEWSWIRE) -- Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Banc of California, Inc. (“Banc of California” or the “Company”) (NYSE:BANC) concerning possible violations of federal securities laws between August 7, 2015 and January 23, 2017 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm prior to the March 24, 2017 lead plaintiff motion deadline....
Mar 17, 2017 06:50 pm ET
BANC OF CALIFORNIA SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit
NEW ORLEANS, March 17, 2017 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., reminds investors that they have until March 24, 2017 to file lead plaintiff applications in a securities class action lawsuit against Banc of California, Inc. (NYSE:BANC), if they purchased the Company’s securities between August 7, 2015 and January 23, 2017, inclusive (the “Class Period”).  The action is pending in United States District Court for the Central District of California. ...
Mar 14, 2017 03:00 am ET
Banc of California Reaches Cooperation Agreement with Legion Partners Asset Management
IRVINE, Calif., March 14, 2017 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC) today announced that it has reached a Cooperation Agreement with Legion Partners Asset Management, LLC and certain of its affiliates. Legion Partners and its affiliates beneficially own approximately 6.6% of the Company's outstanding common stock....
Mar 13, 2017 02:24 pm ET
EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Banc of California, Inc. - BANC
NEW YORK, March 13, 2017 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Banc of California, Inc. securities (NYSE: BANC) from August 7, 2015 through January 20, 2017, both dates inclusive (the "Class Period"). The lawsuit seeks to recover damages for Banc of California investors under the federal securities laws....
Mar 13, 2017 05:35 am ET
Shareholder Deadline Reminder (BANC): Johnson & Weaver, LLP Announces Securities Class Action Lawsuit against Banc of California, Inc. and Encourages Investors with Losses to Contact the Firm
SAN DIEGO, March 13, 2017 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP (J&W) announces the filing of a class action lawsuit on behalf of purchasers of Banc of California, Inc. (NYSE: BANC) between October 29, 2015 and January 20, 2017, both dates inclusive (the "Class Period"). The lawsuit seeks to recover damages for Banc investors under the federal securities laws....
Mar 03, 2017 07:02 am ET
BANC INVESTOR ALERT: The Law Offices of Vincent Wong Notifies Investors of a Class Action Involving Banc of California, Inc. and a Lead Plaintiff Deadline of March 24, 2017
NEW YORK, March 3, 2017 /PRNewswire/ -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Central District of California on behalf of investors who purchased Banc of California, Inc. (NYSE: BANC) securities between August 7, 2015 and January 23, 2017....
Mar 02, 2017 10:04 am ET
Banc Shareholder Alert - National Securities Law Firm Encourages Investors Of Banc Of California To Contact Law Firm For More Information
NEW YORK, March 2, 2017 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, is investigating potential claims against the board of directors of Banc of California, Inc. ("Banc of California" or the "Company") (NYSE: BANC) concerning whether the board has breached its fiduciary duties to shareholders....
Feb 27, 2017 12:59 pm ET
BANC ALERT: Rosen Law Firm Reminds Banc of California, Inc. Investors of Important Deadline in Class Action – BANC
NEW YORK, Feb. 27, 2017 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of Banc of California, Inc. securities (NYSE:BANC) from October 29, 2015 through January 20, 2017, both dates inclusive (the “Class Period”) of the important March 24, 2017 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for Banc of California investors under the federal securities laws....
Feb 27, 2017 01:00 am ET
Banc of California Announces Quarterly Common Stock Dividend
IRVINE, Calif., Feb. 27, 2017 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on its outstanding common stock.  The dividend will be payable on April 3, 2017 to stockholders of record as of March 15, 2017.  Based on the trading price of $19.35 as of close of market on February 24, 2017, the cash dividend results in an annualized dividend yield of 2.69%....
Feb 23, 2017 04:34 am ET
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Banc of California, Inc. To Contact The Firm Before Lead Plaintiff Deadline
NEW YORK, Feb. 23, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Banc of California, Inc. ("Banc of California" or the "Company") (NYSE:BANC) of the March 24, 2017 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against the Company and certain officers. ...
Feb 20, 2017 05:10 am ET
SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Banc of California, Inc. (BANC) and Lead Plaintiff Deadline - March 24, 2017
NEW YORK, Feb. 20, 2017 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Banc of California, Inc. (“Banc of California” or the “Company”) (NYSE:BANC) and certain of its officers, on behalf of a class who purchased Banc securities between August 7, 2015 and January 20, 2017, inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: http://www.bgandg.com/banc....
Feb 17, 2017 05:50 pm ET
BANC OF CALIFORNIA SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit
NEW ORLEANS, Feb. 17, 2017 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., reminds investors that they have until March 24, 2017 to file lead plaintiff applications in a securities class action lawsuit against Banc of California, Inc. (NYSE: BANC), if they purchased the Company's securities between August 7, 2015 and January 23, 2017, inclusive (the "Class Period").  The action is pending in United States District Court for the Central District of California.  ...
Feb 17, 2017 06:07 am ET
BANC INVESTOR ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Banc of California, Inc. and a Lead Plaintiff Deadline of March 24, 2017
NEW YORK, Feb. 17, 2017 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Central District of California on behalf of investors who purchased Banc of California, Inc. (NYSE:BANC) securities between August 7, 2015 and January 23, 2017....
Feb 15, 2017 01:37 pm ET
SHAREHOLDER ALERT: Brower Piven Encourages Investors Who Have Losses In Excess Of $100,000 From Investment In Banc of California, Inc. (BANC) To Contact Brower Piven Before The Lead Plaintiff Deadline
STEVENSON, Md., Feb. 15, 2017 (GLOBE NEWSWIRE) -- The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of purchasers of Banc of California, Inc. (NYSE:BANC) (“Banc of California” or the “Company”) securities during the period between August 7, 2015 and January 23, 2017, inclusive (the “Class Period”).  Investors who wish to become proactively involved in the litigation have until March 27, 2017 to seek appointment as lead p...
Feb 14, 2017 03:41 am ET
Banc of California Announces Quarterly Preferred Stock Dividends
IRVINE, Calif., Feb. 14, 2017 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly dividend of $0.50 per depository share on the Company's 8.00% Series C Non-Cumulative Perpetual Preferred Stock.  The dividend will be payable on March 15, 2017 to holders of record as of March 1, 2017. The Series C depositary shares are traded on the New York Stock Exchange under the "BANC PRC" symbol....
Feb 13, 2017 12:17 pm ET
Feb 13, 2017 03:10 am ET
Johnson & Weaver, LLP Announces Securities Class Action Lawsuits against RH, Natus Medical Incorporated and Banc of California, Inc.
SAN DIEGO, Feb. 13, 2017 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP announces class action lawsuits were filed against RH, Natus Medical Incorporated and Banc of California, Inc., as detailed below:...
Feb 10, 2017 01:00 am ET
Kirk Wycoff Appointed as Banc of California Director
IRVINE, Calif., Feb. 10, 2017 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC) today announced that W. Kirk Wycoff has been appointed to its Board of Directors as well as to the Board of Directors of the Company's wholly owned subsidiary, Banc of California, N.A. (the "Bank")....
Feb 09, 2017 01:00 am ET
Banc of California Board Independent Investigation Concludes with no Finding of Violation of Law
IRVINE, Calif., Feb. 9, 2017 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC) today announced that the Special Committee of its Board of Directors (the "Board") has received the final report of the independent investigation into previously disclosed blogger allegations. The report concludes that there was no violation of law and that Jason Galanis had no indirect or direct control or undue influence over the Company....
Feb 08, 2017 12:23 pm ET
Banc of California Announces Retirement of Chad Brownstein from Board of Directors
IRVINE, Calif., Feb. 8, 2017 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC) today announced that Chad Brownstein has decided to retire from his position as Director of the Company and its banking subsidiary, Banc of California, N.A....
Feb 08, 2017 12:18 pm ET
Richard Lashley Appointed to Banc of California Board of Directors
IRVINE, Calif., Feb. 8, 2017 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC) today announced that Richard Lashley has been appointed to its Board of Directors (the "Board"). Mr. Lashley also has been appointed as a director of Banc of California, N.A., the Company's subsidiary bank (the "Bank")....
Feb 03, 2017 05:50 pm ET
BANC OF CALIFORNIA SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., reminds investors that they have until March 24, 2017 to file lead plaintiff applications in a securities class action lawsuit...
Jan 30, 2017 06:46 am ET
BANC SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of a Class Action Involving Banc of California, Inc. and a Lead Plaintiff Deadline of March 27, 2017
NEW YORK, Jan. 30, 2017 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Central District of California on behalf of investors who purchased Banc of California, Inc. (NYSE:BANC) securities between October 29, 2015 and January 20, 2017....
Jan 30, 2017 05:10 am ET
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Banc of California, Inc. (BANC) & Lead Plaintiff Deadline: March 24, 2017
NEW YORK, Jan. 30, 2017 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Banc of California, Inc. (“Banc of California” or the “Company”) (NYSE:BANC) and certain of its officers, on behalf of a class who purchased Banc securities between October 29, 2015 and January 20, 2017, inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: http://www.bgandg.com/banc....
Jan 28, 2017 03:01 am ET
Shareholder Alert: Expanded Class Period In Shareholder Class Action Filed Against Banc Of California, Inc. - BANC
RADNOR, Pa., Jan. 28, 2017 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a shareholder class action lawsuit has been filed against Banc of California, Inc. (NYSE: BANC) ("Banc of California" or the "Company") on behalf of purchasers of the Company's securities between August 7, 2015 and January 23, 2017, inclusive (the "Class Period")....
Jan 27, 2017 05:50 pm ET
BANC OF CALIFORNIA SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit
NEW ORLEANS, Jan. 27, 2017 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., reminds investors that they have until March 24, 2017 to file lead plaintiff applications in a securities class action lawsuit against Banc of California, Inc. (NYSE:BANC), if they purchased the Company’s securities between August 7, 2015 and January 23, 2017, inclusive (the “Class Period”).  The action is pending in United States District Court for the Central District of California. ...
Jan 27, 2017 02:45 pm ET
RM LAW Announces Class Action Lawsuit Against Banc of California, Inc.
BERWYN, Pa., Jan. 27, 2017 /PRNewswire/ -- RM LAW, P.C. announces that a class action lawsuit has been filed in United States District Court for the Central District of California on behalf of all persons or entities that purchased Banc of California, Inc. ("Banc" or the "Company") (NYSE: BANC) securities between October 29, 2015 and January 20, 2017, inclusive (the "Class Period"). ...
Jan 27, 2017 08:37 am ET
LAWSUIT FILED AGAINST BANC OF CALIFORNIA: Hagens Berman Alerts Investors in Banc of California to Securities Class Action and Lead Plaintiff Deadline
SAN FRANCISCO, Jan. 27, 2017 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP alerts investors in Banc of California (NYSE:BANC) to the securities class action filed in the U.S. District Court for the Central District of California and the March 24, 2017 Lead Plaintiff deadline....
Jan 27, 2017 05:10 am ET
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Banc of California, Inc. (BANC) & Lead Plaintiff Deadline: March 24, 2017
NEW YORK, Jan. 27, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Banc of California, Inc. ("Banc of California" or the "Company") (NYSE: BANC) and certain of its officers, on behalf of a class who purchased Banc securities between October 29, 2015 and January 20, 2017, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: http://www.bgandg.com/banc. ...
Jan 26, 2017 04:00 pm ET
Banc of California, Inc. Sued By Block & Leviton For Violations Of The Federal Securities Laws
BOSTON, Jan. 26, 2017 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, announces that it has filed a class action lawsuit against Banc of California, Inc. ("Banc of California" or the "Company") (NYSE: BANC) and certain of its officers and directors for violating the federal securities laws. ...
Jan 26, 2017 02:00 pm ET
IMPORTANT BANC OF CALIFORNIA INVESTOR ALERT: Wolf Haldenstein Adler Freeman & Herz LLP informs investors that a securities class action lawsuit has been filed in the Central District of California on
NEW YORK and SAN DIEGO, Jan. 26, 2017 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP  announces that a  securities class action lawsuit has been commenced in the United States District Court for the Central District of California  on  behalf of  purchasers of  Banc of California, Inc. securities (NYSE:BANC) from October 29, 2015 through January 20, 2017, inclusive (the “Class Period”)....
Jan 26, 2017 09:35 am ET
Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against Banc of California, Inc.
SAN DIEGO, Jan. 26, 2017 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP ("Robbins Geller") (http://www.rgrdlaw.com/cases/bancofcalifornia/) today announced that a class action has been commenced on behalf of purchasers of Banc of California, Inc. ("Banc") (NYSE: BANC) common stock during the period between October 29, 2015 and January 20, 2017 (the "Class Period").  This action was filed in the Central District of California and is captioned Malak v. Banc of California, Inc., et al., No. 17-cv-00138....
Jan 25, 2017 06:01 am ET
Shareholder Class Action Filed Against Banc Of California, Inc. - BANC
RADNOR, Pa., Jan. 25, 2017 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a shareholder class action lawsuit has been filed against Banc of California, Inc. (NYSE: BANC) ("Banc of California" or the "Company") on behalf of purchasers of the Company's securities between October 29, 2015 and January 20, 2017, inclusive (the "Class Period")....
Jan 25, 2017 05:43 am ET
Jan 25, 2017 04:26 am ET
CURRENT SHAREHOLDERS: Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Banc of California, Inc.
On January 23, 2017, a class action lawsuit was filed in the United States District Court for the Central District of California against Banc of California, Inc. (NYSE: BANC). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is October 29, 2015 through January 20, 2017.
Jan 24, 2017 04:19 pm ET
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Banc of California, Inc. To Contact The Firm Before Lead Plaintiff Deadline
NEW YORK, Jan. 24, 2017 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Banc of California, Inc. (“Banc of California” or the “Company”) (NYSE:BANC) of the March 24, 2017 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against the Company and certain officers....
Jan 24, 2017 12:54 pm ET
Harwood Feffer LLP Announces Investigation of Banc of California, Inc.
NEW YORK, Jan. 24, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Banc of California, Inc. ("Banc of California" or the "Company") (NYSE: BANC) concerning whether the board has breached its fiduciary duties to shareholders....
Jan 24, 2017 12:30 pm ET
Safirstein Metcalf LLP Announces That A Class Action Lawsuit Has Been Filed Against Banc of California, Inc. - BANC
NEW YORK, Jan. 24, 2017 (GLOBE NEWSWIRE) -- Safirstein Metcalf LLP announces that a class action lawsuit has been filed on behalf of purchasers of Banc of California, Inc. securities (NYSE:BANC) from October 29, 2015 through January 20, 2017, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Banc of California investors under the federal securities laws....
Jan 24, 2017 09:39 am ET
BANC OF CALIFORNIA NOTIFICATION: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Banc of California, Inc. To Contact The Firm
NEW YORK, Jan. 24, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Banc of California, Inc. ("Banc of California" or the "Company") (NYSE:BANC)....
Jan 23, 2017 10:17 am ET
Investor Alert: Kaplan Fox Announces Investigation of Banc of California, Inc.
NEW YORK, Jan. 23, 2017 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Banc of California, Inc. ("Banc of California" or the "Company") (NYSE: BANC).  Investors who purchased shares of Banc of California common stock prior to January 23, 2017 may be affected....
Jan 23, 2017 09:15 am ET
Banc of California, Inc. Investigated For Securities Fraud By Block & Leviton Following Announcement Of CEO's Resignation And Formal SEC Investigation
BOSTON, Jan. 23, 2017 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether Banc of California, Inc. ("Banc of California" or the "Company") (NYSE: BANC) and certain of its officers and directors violated federal securities laws following the news that the SEC has initiated a formal investigation against the Company. ...
Jan 23, 2017 09:05 am ET
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Banc of California, Inc. (BANC)
NEW YORK, Jan. 23, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Banc of California, Inc. ("Banc of California" or the "Company") (NYSE: BANC). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/banc. ...
Jan 23, 2017 09:01 am ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Banc of California, Inc. - BANC
NEW YORK, Jan. 23, 2017 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Banc of California, Inc. ("Banc of California" or the "Company") (NYSE: BANC).   Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980....
Jan 23, 2017 03:29 am ET
Banc of California Board Provides Update on Independent Investigation; Plans Improvements to Corporate Governance Policies
IRVINE, Calif., Jan. 23, 2017 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC) today issued the following update on the independent investigation into previously disclosed blogger allegations....
Jan 23, 2017 03:23 am ET
Banc of California Names Robert Sznewajs Chairman of the Board; Commences CEO Succession Process
IRVINE, Calif., Jan. 23, 2017 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC) today announced that Robert D. Sznewajs, current Chair of the Joint Audit Committee of the Board of Directors (the "Board"), will assume the role of Chairman of the Board. The Board is undertaking a search to identify the best internal or external candidate to lead the company. This follows Steven Sugarman's resignation from his role as Chairman and Chief Executive Officer....
Dec 05, 2016 01:00 am ET
Banc of California Announces Quarterly Common Stock Dividend
IRVINE, Calif., Dec. 5, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on its outstanding common stock.  This is an increase of $0.01 from the previous quarterly cash dividend of $0.12.  The dividend will be payable on January 3, 2017 to stockholders of record as of December 15, 2016.  Based on the trading price of $14.85 as of close of market on December 2, 2016, the cash dividend results in an annualized dividend yield of 3.50%....
Nov 16, 2016 12:11 pm ET
Banc of California Announces: Quarterly Preferred Stock Dividends, Bylaw Amendment and Delay of Filing of Third Quarter 2016 10-Q
IRVINE, Calif., Nov. 16, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared quarterly preferred stock dividends, has adopted a bylaw amendment to extend the time period for proposals for the Company's 2017 annual meeting and that the Company has delayed the filing of its third quarter 2016 10-Q....
Nov 08, 2016 04:30 am ET
BANC OF CALIFORNIA INVESTOR REMINDER: Hagens Berman Reminds Investors in Banc of California of Investigation Into Possible Undisclosed Ties Between Senior Executive and Stock Manipulator
SAN FRANCISCO, Nov. 8, 2016 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP reminds investors in Banc of California (NYSE: BANC) that the firm is investigating possible securities law violations related to undisclosed ties between BANC management and an admitted stock manipulator....
Oct 28, 2016 03:00 am ET
Banc of California Announces Sale of Commercial Equipment Finance Division and Seasoned Residential Loan Pool
IRVINE, Calif., Oct. 28, 2016 /PRNewswire/ -- Banc of California, N.A., a wholly-owned subsidiary of Banc of California, Inc. (NYSE: BANC) today announced it has completed two transactions....
Oct 27, 2016 06:36 pm ET
Hanmi Acquires Commercial Equipment Leasing Unit
LOS ANGELES, Oct. 27, 2016 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ:HAFC) (“Hanmi”), the holding company for Hanmi Bank (the “Bank”), today announced the Bank has acquired the Commercial Specialty Finance (“CSF”) unit of Irvine, California-based Banc of California (NYSE:BANC).  Operating as a division of Banc of California, CSF is among the top-50 U.S. bank leasing franchises, with 2015 origination volume exceeding $170 million. The transaction, which closed on October 27, 2016, expands Hanmi’s C&I originating platform to include commercial leasing to small and mid-sized...
Oct 25, 2016 07:07 am ET
Hynes Keller & Hernandez, LLC Announces Investigation of Banc of California, Inc. (BANC)
NEW YORK, Oct. 25, 2016 /PRNewswire/ -- Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of Banc of California, Inc. (NYSE: BANC) concerning possible breaches of fiduciary duty.  On October 18, 2016, Seeking Alpha published an article alleging that certain Banc of California insiders had undisclosed ties to individuals accused of involvement with the collapse of Gerova Financial....
Oct 19, 2016 02:06 pm ET
BANC OF CALIFORNIA NOTIFICATION: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Banc of California, Inc. To Contact The Firm
NEW YORK, Oct. 19, 2016 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Banc of California, Inc. ("Banc of California" or the "Company") (NYSE: BANC)....
Oct 19, 2016 10:25 am ET
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Banc of California, Inc. (BANC)
NEW YORK, Oct. 19, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities Banc of California, Inc. ("Band of California" or the "Company") (NYSE: BANC). Such investors are advised to contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz at info@bgandg.com or 212-697-6484....
Oct 19, 2016 06:58 am ET
Banc of California Provides Additional Update
IRVINE, Calif., Oct. 19, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced that Seeking Alpha commented on a previous financial blog post regarding the Company....
Oct 19, 2016 04:47 am ET
Banc of California (BANC) Alert: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Banc of California, Inc.; Investors Encouraged to Contact Firm
SAN DIEGO, Oct. 19, 2016 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP has commenced an investigation of Banc of California, Inc. (NYSE: BANC) concerning possible violations of federal securities laws. Banc of California operates 35 branches and provides banking products and services in the United States....
Oct 19, 2016 03:00 am ET
Banc of California Reports Record Third Quarter Earnings
IRVINE, Calif., Oct. 19, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported record quarterly net income of $35.9 million for the third quarter of 2016, resulting in earnings per share of $0.59 for the quarter, fully diluted.  Third quarter net income increased 147% compared to the third quarter of 2015. Net income available to common shareholders for the third quarter was $30.8 million, an increase of 168% compared to the third quarter of 2015....
Oct 18, 2016 04:05 pm ET
Banc of California Update
IRVINE, Calif., Oct. 18, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced it is aware of allegations posted in a financial blog.  The Company's Board of Directors has been aware of matters relating to Jason Galanis including certain claims he had made suggesting an affiliation with members of the Company, its Board, and/or its Executive team.  The Board, acting through its Disinterested Directors, immediately initiated a thorough independent investigation led by Winston & Strawn, and has received regular reports including related to regulatory and governmental c...
Oct 18, 2016 02:51 pm ET
EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Banc of California, Inc. - BANC
NEW YORK, Oct. 18, 2016 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Banc of California, Inc. (NYSE: BANC) resulting from allegations that Banc of California may have issued materially misleading business information to the investing public....
Oct 17, 2016 05:30 am ET
Banc of California Announces Expansion of Private Banking Division
IRVINE, Calif., Oct. 17, 2016 /PRNewswire/ -- Banc of California announced today it has made several new hires to its Private Banking Division, including the addition of Jay Sanders as Executive Vice President, Private Banking. ...
Oct 11, 2016 03:00 am ET
Banc of California Announces Schedule of Third Quarter 2016 Earnings Release and Conference Call
IRVINE, Calif., Oct. 11, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced it will release 2016 third quarter financial results on Thursday, October 20, 2016, before market open.  The Company will host a conference call to discuss its third quarter earnings at 7:00 a.m. Pacific Time (PT) on the same day....
Sep 20, 2016 06:00 am ET
Banc of California To Consolidate Its Office of Finance
IRVINE, Calif., Sept. 20, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), announced today it is consolidating its Office of Finance organization under J. Francisco A. Turner and Brian Kuelbs.  ...
Sep 14, 2016 06:00 am ET
Fortune Magazine Names Banc of California to List of 100 Fastest Growing Companies
IRVINE, Calif., Sept. 14, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), announced today it has been named to Fortune's Top 100 List of Fastest Growing Companies for the third consecutive year. Banc of California ranked as the seventh fastest growing company over the past year earning it a spot for the first time on Fortune's Top 10 list of Accelerators. ...
Sep 12, 2016 06:00 am ET
Banc of California Nominated for Best Proxy Statement Award
IRVINE, Calif., Sept. 12, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), announced today it has been selected as a nominee for Best Proxy Statement for the 2016 Corporate Secretary Corporate Governance Awards.  Corporate Secretary is an organization founded in 2002 to meet the needs of corporate secretaries, general counsels and governance professionals at companies across all market cap sizes and all industry sectors in North America....
Sep 07, 2016 05:30 am ET
Banc of California CEO Addresses Los Angeles Rams "Kickoff for Charity" Luncheon
IRVINE, Calif., Sept. 7, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) Chairman and Chief Executive Officer Steven Sugarman joined Los Angeles Rams Head Coach Jeff Fisher, General Manager Les Snead, Chief Operating Officer Kevin Demoff, the entire 2016 Los Angeles Rams roster and select Rams Legends for the team's inaugural "Kickoff for Charity" luncheon held in Downtown Los Angeles. ...
Sep 07, 2016 03:00 am ET
Banc of California to Present Upgraded Guidance at Raymond James Bank Conference
IRVINE, Calif., Sept. 7, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), announced that Steven A. Sugarman, Chairman and Chief Executive Officer, will present at the Raymond James U.S. Bank Conference in Chicago, IL at 2:40 p.m. CT on Wednesday, September 7, 2016. ...
Sep 02, 2016 03:30 am ET
Banc of California Named Official Banking Partner of the Los Angeles Rams Foundation
IRVINE, Calif., Sept. 2, 2016 /PRNewswire/ -- The Los Angeles Rams and Banc of California, Inc. (NYSE: BANC) announced today that Banc of California has been named the "Official Banking Partner of the Los Angeles Rams Foundation." Banc of California is recognized by Forbes Magazine as one of America's Best Banks and is one of the fastest growing banks in America....
Aug 23, 2016 10:15 am ET
Los Angeles Football Club Announces Partnership with Banc of California
LOS ANGELES, Aug. 23, 2016 /PRNewswire/ -- The Los Angeles Football Club (LAFC) today announced Banc of California will be the naming partner of the club's new world-class 22,000-seat soccer stadium, now officially named Banc of California Stadium, as well as the Official Bank of LAFC and the LAFC Foundation. Banc of California is recognized by Forbes Magazine as one of America's Best Banks and is one of the fastest growing banks in America....
Aug 16, 2016 06:00 am ET
Banc of California Announces Quarterly Dividends
IRVINE, Calif., Aug. 16, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share on its outstanding common stock.  The dividend will be payable on October 3, 2016 to stockholders of record as of September 15, 2016.  Based on the trading price of $23.06 as of close of market on August 15, 2016, the cash dividend results in an annualized dividend yield of 2.08%....
Jul 21, 2016 03:00 am ET
Banc of California Reports Record Second Quarter Earnings
IRVINE, Calif., July 21, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported record quarterly net income of $26.5 million for the second quarter of 2016, resulting in earnings per share of $0.43 for the quarter, fully diluted. Excluding $2.7 million of debt extinguishment costs related to the redemption of senior notes during the quarter, earnings per share for the second quarter was $0.46....
Jul 18, 2016 01:40 pm ET
Banc of California Finishes Second Quarter with Total Assets Over $10 Billion
IRVINE, Calif., July 18, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported total assets of $10.2 billion for the quarter ended June 30, 2016....
Jul 01, 2016 01:23 pm ET
Banc of California Appoints Cynthia Abercrombie to Bank Board of Directors
IRVINE, Calif., July 1, 2016 /PRNewswire/ -- Banc of California, N.A., a wholly owned subsidiary of Banc of California, Inc. (NYSE:BANC), announced today that Cynthia Abercrombie has been appointed to the Board of Directors of Banc of California, N.A....
May 18, 2016 01:05 pm ET
Banc of California Announces Quarterly Dividends
IRVINE, Calif., May 18, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share on its outstanding common stock.  The dividend will be payable on July 1, 2016 to stockholders of record as of June 15, 2016.  Based on the trading price of $18.39 as of close of market on May 17, 2016, the cash dividend results in an annualized dividend yield of 2.61%....
May 11, 2016 01:35 pm ET
Banc of California Announces Closing of Common Stock Offering
IRVINE, Calif., May 11, 2016 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC), the holding company for Banc of California, National Association, today announced the closing of a registered underwritten public offering of 5,250,000 shares of the Company's voting common stock, par value $0.01 per share.  UBS Investment Bank, the sole underwriter of the offering, purchased the shares from the Company for $19.05 per share, resulting in aggregate proceeds to the Company of approximately $100 million.  The Company expects to use the net proceeds from the sale for general corpo...
May 05, 2016 02:31 pm ET
PL Capital To Present Majority Voting Proposal At Banc of California's Annual Meeting
NAPERVILLE, Ill., May 5, 2016 /PRNewswire/ -- Banc of California, Inc.'s (NYSE: BANC) 2016 annual proxy statement includes a stockholder proposal submitted by the PL Capital Group, one of Banc of California's largest shareholders.  The non-binding proposal requests that the Board of Directors of Banc of California take the actions necessary for the company to adopt a 'Majority Voting' standard governing the election of directors.  Banc of California currently uses a plurality standard, whereby directors could be elected even if the majority of stockholders vote against a nominee for election...
May 05, 2016 01:05 pm ET
Banc of California Announces Offering of Common Stock
IRVINE, Calif., May 5, 2016 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC), the holding company for Banc of California, National Association, today announced the commencement of a registered underwritten public offering of 5,250,000 shares of the Company's voting common stock, par value $0.01 per share.  The Company expects to use the net proceeds from the sale for general corporate purposes....
Apr 29, 2016 06:00 am ET
Banc of California Announces Key Additions to its Private Bank
IRVINE, Calif., April 29, 2016 /PRNewswire/ -- Banc of California announced today it has hired Arby Sanoyans and Anto Shakelian as Senior Directors, based at Banc of California's Private Banking office in Century City, California....
Apr 21, 2016 03:00 am ET
Banc of California Reports Record First Quarter Earnings
IRVINE, Calif., April 21, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported record quarterly net income of $19.7 million for the first quarter of 2016, resulting in diluted earnings per share of $0.36 for the quarter....
Apr 20, 2016 02:11 pm ET
Banc of California Announces Expanded Line of Credit
IRVINE, Calif., April 20, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), the holding company for Banc of California, National Association, today announced it has expanded the Company's undrawn, revolving line of credit from $25 million to $75 million.  The line of credit was underwritten by Wells Fargo Bank....
Apr 20, 2016 06:00 am ET
Banc of California Announces Launch of Healthcare, Municipals, and Non-Profit Banking Teams
IRVINE, Calif., April 20, 2016 /PRNewswire/ -- Banc of California announced today it has expanded its Commercial Bank by launching specialized segments focused on Healthcare, Municipals and Non-Profit Banking.  To lead these new businesses, Banc of California has hired Michael Andrews as Senior Director, Commercial Banking Segment Manager, who will be responsible for overseeing the Municipal Banking Group, which will provide depository, liquidity and treasury management solutions for local cities, counties, school districts and other government institutions.  Additionally, Mr. Andrews will o...
Apr 19, 2016 06:00 am ET
Banc of California Announces Key Additions to its SBA Lending Division
IRVINE, Calif., April 19, 2016 /PRNewswire/ -- Banc of California announced today it has hired Pattie Ehsaei as Senior Director, SBA Business Development and Marina Naya as Director, SBA Business Development to expand its SBA Lending Division.  Both Pattie and Marina will be based in Los Angeles, California and will support the Southern California market....
Apr 14, 2016 01:05 pm ET
Banc of California Announces Schedule of First Quarter 2016 Earnings Release and Conference Call
IRVINE, Calif., April 14, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced it will release 2016 first quarter financial results on Thursday, April 21, 2016, before market open.  The Company will host a conference call to discuss its first quarter earnings at 7:00 a.m. Pacific Time (PT) on the same day....
Apr 06, 2016 01:20 pm ET
Banc of California Announces Sale of The Palisades Group
IRVINE, Calif., April 6, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced it has signed an agreement for the sale of its wholly-owned subsidiary, The Palisades Group, LLC ("Palisades") to Palisades Holdings I, LLC, an entity owned by current members of the Palisades management team.  Palisades Holdings I, LLC is owned by Stephen Kirch and Jack Macdowell, who currently serve as Palisades' Chief Executive Officer and Chief Investment Officer, respectively.  ...
Apr 04, 2016 06:00 am ET
Banc of California Announces Redemption of SBLF Preferred Stock
IRVINE, Calif., April 4, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), the holding company for Banc of California, National Association, today announced it has completed the redemption of $42,000,000 in aggregate principal balances of its Senior Non-Cumulative Perpetual Preferred Stock, Series A and Non-Cumulative Perpetual Preferred Stock, Series B, both of which were originally issued as part of the U.S Department of the Treasury's Small Business Lending Fund program. ...
Mar 31, 2016 01:05 pm ET
Banc of California Promotes Thedora Nickel to Chief Administrative Officer
IRVINE, Calif., March 31, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced the promotion of Thedora Nickel to Chief Administrative Officer.  Ms. Nickel had previously served as Executive Vice President, Operations....
Mar 29, 2016 01:05 pm ET
Banc of California to be added to S&P 600 SmallCap Index
IRVINE, Calif., March 29, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced the Company will be added to the S&P SmallCap 600 Index effective after the close of trading on Tuesday, March 29.  The Company will also be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry Index. ...
Mar 24, 2016 02:54 pm ET
Hologic, Centene Set to Join the S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK, March 24, 2016 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:...
Mar 11, 2016 02:30 am ET
Banc of California Announces Redemption of 7.50% Senior Notes Due April 15, 2020
IRVINE, Calif., March 11, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), the holding company for Banc of California, National Association, today announced that it intends to redeem all of its outstanding 7.50% Senior Notes due April 15, 2020 (the "7.50% Senior Notes"). The 7.50% Senior Notes, which have an aggregate outstanding principal amount of $84,750,000, will be redeemed on April 15, 2016, at a redemption price equal to 100% of the principal amount plus accrued and unpaid interest to the redemption date. The 7.50% Senior Notes are listed on the New York Stock Exchange unde...
Mar 03, 2016 02:30 am ET
Banc of California Announces Pricing of Common Stock Offering
IRVINE, Calif., March 3, 2016 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC), the holding company for Banc of California, National Association, today announced the pricing of its offering of 4,850,000 shares of its voting common stock, par value $0.01 per share (the "offering"), at a public offering price of $14.50 per share, for gross proceeds of $70,325,000.  The Company expects to use the net proceeds from the offering for general corporate purposes and possibly to redeem certain of its outstanding indebtedness....
Mar 02, 2016 11:22 am ET
Banc of California Announces Offering of Common Stock
IRVINE, Calif., March 2, 2016 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC), the holding company for Banc of California, National Association, today announced that it has commenced a public offering (the "offering") of its voting common stock, par value $0.01 per share. The Company expects to use the net proceeds from the offering for general corporate purposes and possibly to redeem certain of its outstanding indebtedness....
Feb 16, 2016 11:45 am ET
Banc of California Declares Quarterly Preferred Stock Dividends
IRVINE, Calif., Feb. 16, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly dividend of $0.50 per depository share on the Company's 8.00% Series C Non-Cumulative Perpetual Preferred Stock.  The dividend will be payable on March 15, 2016 to holders of record as of March 1, 2016. The Series C depositary shares are traded on the New York Stock Exchange under the "BANC PRC" symbol....
Feb 10, 2016 04:00 am ET
Banc of California Teams with MasterCard for Debit Card Program
IRVINE, Calif., Feb. 10, 2016 /PRNewswire/ -- Banc of California announced today it has teamed with MasterCard for its debit card program, and will transition its existing debit card portfolio from Visa in the second quarter of 2016. ...
Feb 03, 2016 11:25 am ET
Los Angeles 2024 Olympic Bid Committee Teams Up with Banc of California
IRVINE, Calif., Feb. 3, 2016 /PRNewswire/ -- Banc of California, N.A., a wholly owned subsidiary of Banc of California, Inc. (NYSE: BANC), announced today that it will serve as the commercial bank for Los Angeles 2024 (LA 2024), the bid committee working to bring the 2024 Olympic and Paralympic Games to the United States....
Feb 01, 2016 02:18 pm ET
Banc of California Announces Pricing of Preferred Stock Offering
IRVINE, Calif., Feb. 1, 2016 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC), the holding company for Banc of California, National Association, today announced the pricing of its offering of 5 million depositary shares, each representing a 1/40th interest in a share of its 7.000% Non-Cumulative Perpetual Preferred Stock, Series E, par value $0.01 per share and liquidation preference of $1,000 per share, at a public offering price of $25 per depositary share, for gross proceeds of $125 million (the "offering").  The Company expects to use the net proceeds from the offeri...
Feb 01, 2016 06:15 am ET
Banc of California Announces Offering of Preferred Stock
IRVINE, Calif., Feb. 1, 2016 /PRNewswire/ -- Banc of California, Inc. (the "Company") (NYSE: BANC), the holding company for Banc of California, National Association, today announced that it has commenced a public offering (the "offering") of depositary shares, each representing a 1/40th interest in a share of its Non-Cumulative Perpetual Preferred Stock, Series E, par value $0.01 per share and liquidation preference of $1,000 per share (equivalent to $25 per depositary share). The Company expects to use the net proceeds from the offering for general corporate purposes....
Jan 28, 2016 01:05 am ET
Banc of California Reports Record 2015 Earnings
IRVINE, Calif., Jan. 28, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported net income of $19.0 million for the fourth quarter of 2015, resulting in diluted earnings per share of $0.39 for the quarter and $1.34 for the full year....