Inactive Instrument

Banc of California, Inc. Nasdaq

PACW

US6952631033

Pacwest Bancorp Reports Earnings Results for the Fourth Quarter Ended December 31, 2020

January 20, 2021 at 05:11 pm EST

PacWest Bancorp announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 259.208 million compared to USD 246.619 million a year ago. Net income was USD 116.830 million compared to USD 117.881 million a year ago. Basic earnings per share was USD 0.99 compared to USD 0.98 a year ago. For the full year, net interest income was USD 1,014.558 million compared to USD 1,014.629 million a year ago. Net loss was USD 1,237.574 million compared to net income of USD 468.636 million a year ago. Basic loss per share was USD 10.61 compared to basic earnings per share of USD 3.9 a year ago.

Latest news about Banc of California, Inc.

RBB Bancorp Appoints Diana Hanson as Chief Accounting Officer	Jun. 26	MT
Banc of California Keeps Quarterly Dividend at $0.10 a Share, Payable July 1 to Holders of Record June 14	May. 13	MT
Banc of California, Inc. Declares Quarterly Cash Dividend on Outstanding Common Stock, Payable on July 1, 2024	May. 13	CI
Piper Sandler Adjusts Price Target on Banc of California to $19 From $20, Maintains Overweight Rating	May. 13	MT
Truist Trims Price Target on Banc of California to $15 From $16, Keeps Hold Rating	Apr. 25	MT
Barclays Adjusts Banc of California Price Target to $15 From $16, Maintains Equal Weight Rating	Apr. 24	MT
Wedbush Trims Price Target on Banc of California to $15 From $16, Keeps Neutral Rating	Apr. 24	MT
Transcript : Banc of California, Inc., Q1 2024 Earnings Call, Apr 23, 2024	Apr. 23
Banc of California's Q1 Adjusted Earnings, Revenue Decline --Shares Advance Pre-Bell	Apr. 23	MT
Earnings Flash (BANC) BANC OF CALIFORNIA Reports Q1 Revenue $273M, vs. Street Est of $291.6M	Apr. 23	MT
Earnings Flash (BANC) BANC OF CALIFORNIA Posts Q1 EPS $0.19, vs. Street Est of $0.25	Apr. 23	MT
Banc of California, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 23	CI
Banc of California, Inc. Reports Net Charge Off for the First Quarter Ended March 31, 2024	Apr. 23	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

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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.

Sector

Banks

Calendar

2024-07-24 - Q2 2024 Earnings Release (Projected)

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Russell 2000

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