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Banc of California Inc (BANC.N)

BANC.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Banc Of California Reports Q1 Earnings Per Share Of $0.05
Tuesday, 23 Apr 2019 

April 23 (Reuters) - Banc of California Inc ::BANC OF CALIFORNIA REPORTS FIRST QUARTER 2019 EARNINGS.Q1 EARNINGS PER SHARE $0.05.Q1 REVENUE $243 MILLION.COMPANY'S BOARD OF DIRECTORS APPROVED A PLAN TO REDUCE QUARTERLY DIVIDEND FROM $0.13 TO $0.06 PER COMMON SHARE.QTRLY NET INTEREST INCOME $67.8 MILLION VERSUS $71.4 MILLION.  Full Article

Banc Of California Names Jared Wolff As President And Chief Executive Officer
Tuesday, 5 Mar 2019 

Banc of California Inc ::BANC OF CALIFORNIA NAMES JARED WOLFF AS PRESIDENT AND CHIEF EXECUTIVE OFFICER.BANC OF CALIFORNIA INC - WOLFF WILL REPLACE CURRENT PRESIDENT AND CEO DOUG BOWERS.BANC OF CALIFORNIA INC - BOWERS HAS ALSO RESIGNED FROM BOARD, EFFECTIVE MARCH 18, 2019..BANC OF CALIFORNIA INC - BOWERS WILL CONTINUE WITH BANC OF CALIFORNIA TO ASSIST WITH TRANSITION UNTIL APRIL 29, 2019.  Full Article

Banc Of California Reports Qtrly earnings per share $0.13
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Banc of California Inc ::BANC OF CALIFORNIA REPORTS FOURTH QUARTER 2018 EARNINGS.Q4 EARNINGS PER SHARE $0.13.HELD FOR INVESTMENT LOANS INCREASED BY $448 MILLION DURING QUARTER TO $7.7 BILLION.QTRLY NET INTEREST INCOME $70.68 MILLION VERSUS $73.17 MILLION.  Full Article

Banc Of California Q3 Earnings Per Share $0.07
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Banc of California Inc ::BANC OF CALIFORNIA REPORTS THIRD QUARTER 2018 EARNINGS.Q3 EARNINGS PER SHARE $0.07.QTRLY NET INTEREST INCOME $71.2 MILLION VERSUS $75.0 MILLION.  Full Article

Banc Of California Reports Q2 Earnings Per Share $0.18
Thursday, 26 Jul 2018 

July 26 (Reuters) - Banc of California Inc ::BANC OF CALIFORNIA REPORTS SECOND QUARTER 2018 EARNINGS.Q2 EARNINGS PER SHARE $0.18.QTRLY NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES $70.1 MILLION VERSUS ABOUT $73 MILLION.  Full Article

Banc Of California Says Began Advising Affected Employees Of Its Plan To Reduce Co's Workforce
Friday, 29 Jun 2018 

June 28 (Reuters) - Banc of California Inc ::BANC OF CALIFORNIA SAYS ON JUNE 26, BEGAN ADVISING AFFECTED EMPLOYEES OF ITS PLAN TO REDUCE CO'S WORKFORCE BY ABOUT 9% OF TOTAL STAFFING - SEC FILING.BANC OF CALIFORNIA - COMPANY EXPECTS TO REDUCE USE OF THIRD PARTY ADVISORS DURING Q3 OF 2018.BANC OF CALIFORNIA - EXPECTS TO RECOGNIZE ANNUAL SAVINGS OF ABOUT $15 MILLION FROM REDUCTION IN FORCE AND REDUCTION IN USE OF THIRD PARTY ADVISORS.  Full Article

Banc Of California Reports Q1 Earnings Per Share $0.06
Friday, 27 Apr 2018 

April 27 (Reuters) - Banc of California Inc ::BANC OF CALIFORNIA REPORTS FIRST QUARTER 2018 EARNINGS.Q1 EARNINGS PER SHARE $0.06.QUARTERLY NET INTEREST INCOME $71.4 MILLION VERSUS $80.5 MILLION.  Full Article

Banc Of California - Co And Its Unit, Concluded That Bank Will Record $13.7 Mln Specific Loan Loss Provision​
Friday, 16 Mar 2018 

March 15 (Reuters) - Banc Of California Inc ::BANC OF CALIFORNIA - ‍ON MARCH 14, CO AND ITS UNIT , BANC OF CALIFORNIA, N.A., CONCLUDED THAT BANK WILL RECORD $13.7 MILLION SPECIFIC LOAN LOSS PROVISION​.SAYS PROVISION AND ASSOCIATED CHARGE-OFF WILL BE REFLECTED IN CO'S Q1 2018 FINANCIAL RESULTS.‍COMPANY ESTIMATES THAT CHARGE-OFF AMOUNT WILL HAVE AN IMMATERIAL IMPACT ON VARIOUS REGULATORY CAPITAL RATIOS​.BANC OF CALIFORNIA ESTIMATES THAT AFTER-TAX IMPACT OF PROVISION FOR Q1 WILL BE $9.7 MILLION BASED ON A 29% EFFECTIVE TAX RATE, OR $0.19 PER SHARE.BANC OF CALIFORNIA - LOAN LOSS PROVISION REFLECTS AMOUNT DISBURSED UNDER $15 MILLION LINE OF CREDIT, THAT BANK BELIEVES WAS FRAUDULENTLY OBTAINED.  Full Article

Banc of California say Q3 earnings per share $0.23
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Banc Of California Inc -:Banc of California reports third quarter 2017 earnings.Q3 earnings per share $0.25 from continuing operations.Q3 earnings per share $0.23.Banc of California Inc qtrly net interest income $75.04 million versus $82.85 mln‍​.  Full Article