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Banc of California Inc (BANC.N)

BANC.N on New York Stock Exchange

19.70USD
13 Aug 2018
Change (% chg)

$-0.35 (-1.75%)
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Latest Key Developments (Source: Significant Developments)

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

Banc of California says James Mckinney submitted notice of resignation as CFO
Tuesday, 20 Sep 2016 

Banc Of California Inc :On september 19, 2016, James Mckinney submitted formal notice of resignation as cfo of Co, to be effective on or before November 18.  Full Article

BRIEF-Banc Of California Reports Q1 Earnings Per Share $0.06

* QUARTERLY NET INTEREST INCOME $71.4 MILLION VERSUS $80.5 MILLION Source text for Eikon: Further company coverage: