Inactive Instrument

Banc of California, Inc. Nasdaq

PACW

US6952631033

PacWest Bancorp Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021

October 18, 2021 at 04:46 pm EDT

PacWest Bancorp reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net interest income was USD 275.84 million compared to USD 251.32 million a year ago. Net income was USD 140 million compared to USD 45.5 million a year ago. Basic earnings per share from continuing operations was USD 1.17 compared to USD 0.38 a year ago. Diluted earnings per share from continuing operations was USD 1.17 compared to USD 0.38 a year ago. For the nine months, net interest income was USD 803.42 million compared to USD 755.35 million a year ago. Net income was USD 470.91 million compared to net loss of USD 1,354.4 million a year ago. Basic earnings per share from continuing operations was USD 3.96 compared to basic loss per share from continuing operations of USD 11.6 a year ago. Diluted earnings per share from continuing operations was USD 3.96 compared to diluted loss per share from continuing operations of USD 11.6 a year ago.

Latest news about Banc of California, Inc.

Banc of California's Q1 Adjusted Earnings, Revenue Decline --Shares Advance Pre-Bell	08:40am	MT
Earnings Flash (BANC) BANC OF CALIFORNIA Reports Q1 Revenue $273M, vs. Street Est of $291.6M	06:34am	MT
Earnings Flash (BANC) BANC OF CALIFORNIA Posts Q1 EPS $0.19, vs. Street Est of $0.25	06:34am	MT
Banc of California, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	06:00am	CI
Banc of California, Inc. Reports Net Charge Off for the First Quarter Ended March 31, 2024	06:00am	CI
North American Morning Briefing : Tech in Focus on -2-	Mar. 25	DJ
Keefe, Bruyette & Woods Upgrades Banc of California to Outperform From Market Perform, Adjusts Price Target to $18 From $16	Mar. 22	MT
Banc of California, Inc.(NYSE:BANC) added to S&P Banks Select Industry Index	Mar. 17	CI
Barclays Initiates Banc of California With Equalweight Rating, Price Target is $16	Mar. 08	MT
Banc Of California Insider Bought Shares Worth $430,662, According to a Recent SEC Filing	Mar. 01	MT
Banc of California, Inc. Appoints Michael David as Executive Vice President for Technology Banking-West	Feb. 25	CI
Banc of California Keeps Quarterly Cash Dividend at $0.10 a Share, Payable April 1 to Holders of Record as of March 15	Feb. 09	MT
Banc of California, Inc. Declares Quarterly Cash Dividend on Outstanding Common Stock, Payable on April 1, 2024	Feb. 08	CI
Truist Securities Raises Banc of California Price Target to $16 From $13, Maintains Hold Rating	Jan. 30	MT
Wedbush Raises Banc of California's PT to $16 From $14, Notes 'Messy' Q4 2023 Results But 'Solid' Full-Year 2024 Guidance; Keeps Neutral Rating	Jan. 26	MT
Transcript : Banc of California, Inc., Q4 2023 Earnings Call, Jan 25, 2024	Jan. 25
Banc of California Reports Q4 Loss, No Revenue	Jan. 25	MT
Banc of California, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 25	CI
Banc of California, Inc. Reports Net Charge-Offs for the Quarter Ended December 31, 2023	Jan. 25	CI
North American Morning Briefing :Stock Futures Steady Ahead of GDP Report; More Earnings in Focus Too	Jan. 25	DJ
Banc of California, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 25	CI
Codorus Valley to merge with Orrstown Financial in all-stock deal	Dec. 12	RE
RBB Bancorp Names Lynn Hopkins as Interim CFO	Dec. 11	MT
Banc Of California Insider Bought Shares Worth $126,588, According to a Recent SEC Filing	Dec. 07	MT
Banc Of California Insider Sold Shares Worth $2,533,400, According to a Recent SEC Filing	Dec. 07	MT

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Company Profile

Banc of California, Inc. is a bank holding company for its subsidiary, Banc of California (the Bank), a California state-chartered bank. The Bank provides a range of loan and deposit products and services through more than 90 full-service branches throughout California and in Denver, Colorado, and Durham, North Carolina, and full-stack payment processing solutions through its subsidiary, Deepstack Technologies, LLC. The Bank also serves the Community Association Management Industry nationwide with its technology-forward platform SmartStreet. The Bank is organized into four business groups: Community Banking, Specialty Banking, Deposit Services, and Payment Solutions. Specialty Banking is focused on serving clients in niche verticals by industry, including homeowner associations, venture banking, SBA lending, mortgage warehouse lending, media and entertainment and equipment finance. Deposit Services provide valuable services to clients in the Community and Specialty Banking groups.

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2024-04-22 - Q1 2024 Earnings Release

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