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29.07.26 - 12:36
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Banc of California, Inc. Reports Second Quarter 2026 Financial Results and Announces Strategic Balance Sheet Repositioning to Enhance Long-Term Earnings (Business Wire)
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LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC):
Quarter Results
9%
Loan Average
Annualized Growth
12%
Deposit Annualized
Growth
$2.3 billion
Securities Repositioning
$18.38
Book Value Per Share
$16.44
Tangible Book Value
Per Share(1)
$(1.61)
Loss Per Share
Banc of California, Inc. (NYSE: BANC) (“Banc of California” or the “Company”), the parent company of wholly-owned subsidiary Banc of California (the “Bank”), today reported financial results for the second quarter ended June 30, 2026.
During the second quarter, the Company completed a strategic reallocation of capital toward higher return opportunities to further strengthen long-term earnings, expand net interest margin, and increase balance sheet flexibility. The Company took three specific actions including (i) the repositioning of $2.3 billion of lower-yielding securities, (ii) initiating the sale of $827.0 million of selected commercial real estate and multi-family constructi...
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21.07.26 - 12:09
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Banc of California Announces Schedule of Second Quarter 2026 Earnings Release and Conference Call (Business Wire)
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LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) today announced it will release financial results for the second quarter ended June 30, 2026 before the market opens on Wednesday, July 29, 2026. The Company will host a conference call to discuss these financial results the same day at 8:00 a.m. Pacific Time (PT).
Interested parties are welcome to attend the conference call by dialing (888) 317-6003 and referencing event code 9364475. A link to the live audio webcast and the slide presentation for the call will be available on the Company's investor relations website prior to the call. An audio archive of the conference call will be available on the Company's investor relations website within 24 hours after the end of the call.
About Banc of California, Inc.
Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation's premier relationship-based...
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11.06.26 - 17:54
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Artis Raises $7.3M Led by LiveOak Ventures to Handle the Work That Pulls Residential Architects, Designers, and Builders Away From Their Craft (Business Wire)
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Austin-based Artis serves more than 60 of the country's most acclaimed residential design and construction firms, running their social media, websites, and AI search presence. Co-founders Zach Rubin, Sahar Afrakhan, and David Rubin are joined by Melissa Fodo and David Moon to lead the next chapter.AUSTIN, Texas--(BUSINESS WIRE)--Artis, a brand partner to residential architects, interior designers, and custom home builders shaping high-end residential work, today announced $7.3M in Seed funding led by LiveOak Ventures, with participation from mark vc and Capital Factory. Artis has also secured up to $3M in revolving credit from Banc of California, bringing total potential capital to $10.3M.
The capital will fund continued investment in Artis's technology platform, expanding this year from social media into websites, generative-engine optimization (GEO), and other channels where a practice's brand is found, alongside growth across the executive, client experience, sales, and software engineering teams. T...
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08.05.26 - 12:06
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Banc of California, Inc. Announces Quarterly Dividends (Business Wire)
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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 $0.12 per share on its outstanding common stock. The dividend will be payable July 1, 2026, to stockholders of record as of June 15, 2026.
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 will be payable June 1, 2026, to stockholders of record as of May 21, 2026. The Series F depositary shares are traded on the New York Stock Exchange under the “Banc/PF” symbol.
The Company maintains a Dividend Reinvestment Plan (DRIP) which allows common stockholders to automatically acquire common shares at a 3% discount from the applicable market price. All registered common stockholders with holdings maintained at the Company's transfer agent, Computershare, are eligible to participate in the DRIP program. For mor...
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