Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $13.75 USD
Change Today -0.06 / -0.43%
Volume 300.9K
BANC On Other Exchanges
Symbol
Exchange
OTC US
Frankfurt
As of 4:15 PM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

banc of california inc (BANC) Snapshot

Open
$13.95
Previous Close
$13.81
Day High
$14.05
Day Low
$13.71
52 Week High
06/26/15 - $14.25
52 Week Low
01/20/15 - $10.18
Market Cap
489.6M
Average Volume 10 Days
449.4K
EPS TTM
$1.11
Shares Outstanding
35.6M
EX-Date
06/11/15
P/E TM
12.4x
Dividend
$0.48
Dividend Yield
3.49%
Current Stock Chart for BANC OF CALIFORNIA INC (BANC)

banc of california inc (BANC) Related Bloomberg News

View More Bloomberg News

banc of california inc (BANC) Related Businessweek News

View More BusinessWeek News

banc of california inc (BANC) Details

Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. It operates through Banking, Mortgage Banking, Financial Advisory and Asset Management, and Corporate/Other segments. The company’s deposits consist of savings, checking, money market, and interest and non-interest bearing demand accounts, as well as certificates of deposit; and commercial and consumer loan products include commercial and industrial loans, commercial real estate loans, multi-family loans, SBA guaranteed business loans, construction and renovation loans, lease financing, single family residential mortgage loans, warehouse loans, asset or security backed loans, home equity lines of credit, consumer and business lines of credit, home equity loans, and other consumer loans. It also provides private banking products and services for high net worth individuals and entrepreneurs; and other banking services to financial institutions, as well as invests in mortgage-backed securities. In addition, the company offers mobile, online, cash and treasury management, card payment services, remote deposit, ACH origination, employer/employee retirement planning, telephone banking, automated bill payment, electronic statements, safe deposit boxes, direct deposit, and wire transfers services. Further, it provides financial advisory and asset management services to third parties; and manages and disposes other real estate owned properties. As of December 31, 2014, the company operated 37 branches in San Diego, Orange, and Los Angeles Counties in California; and 67 loan production offices in California, Arizona, Oregon, Virginia, Indiana, Maryland, Colorado, Idaho, and Nevada. Banc of California, Inc. was formerly known as First PacTrust Bancorp, Inc. and changed its name to Banc of California, Inc. in July 2013. The company was founded in 1941 and is headquartered in Irvine, California.

1,438 Employees
Last Reported Date: 03/16/15
Founded in 1941

banc of california inc (BANC) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $900.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $687.5K
Chief Banking Officer, Executive Vice Preside...
Total Annual Compensation: $1.1M
Executive Vice President, General Counsel and...
Total Annual Compensation: $700.0K
Chief Credit Officer, Chief Risk Officer, Exe...
Total Annual Compensation: $550.0K
Compensation as of Fiscal Year 2014.

banc of california inc (BANC) Key Developments

Banc of California, Inc. Announces Quarterly Common Stock Dividend, Payable on July 1, 2015

Banc of California, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.12 per share on its outstanding common stock. The dividend will be payable on July 1, 2015 to stockholders of record as of June 15, 2015.

Banc of California, Inc. and Banc of California, National Association Announces Executive Changes

The Boards of Directors of the Banc of California, Inc. and Banc of California, National Association have accepted the resignations submitted on May 22, 2015 by Nathan Duda as Executive Vice President and Chief Accounting Officer of the company and Executive Vice President and Chief Accounting Officer of the Bank. Mr. Duda’s resignations will take effect on July 12, 2015. There are no disagreements between the company or the Bank and Mr. Duda on accounting or any other matters.

Banc of California, Inc. Declares Quarterly Preferred Stock Dividends Payable on June 15, 2015

Banc of California, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.50 per depository share on the company’s 8.00% Series C Non-Cumulative Perpetual Preferred Stock. The dividend will be payable on June 15, 2015 to holders of record as of June 1, 2015. The Board of Directors also declared a quarterly dividend of $0.31 per depository share on the company’s 7.375% Series D Non-Cumulative Perpetual Preferred Stock. The dividend will be payable on June 15, 2015 to holders of record as of June 1, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BANC:US $13.75 USD -0.06

BANC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cascade Bancorp $5.18 USD +0.04
CoBiz Financial Inc $13.07 USD -0.14
Farmers & Merchants Bancorp/Lodi CA $529.00 USD 0.00
Guaranty Bancorp $16.51 USD -0.13
TriCo Bancshares $24.05 USD +0.12
View Industry Companies
 

Industry Analysis

BANC

Industry Average

Valuation BANC Industry Range
Price/Earnings 12.1x
Price/Sales 1.6x
Price/Book 1.1x
Price/Cash Flow 11.7x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BANC OF CALIFORNIA INC, please visit www.bancinc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.