• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by Banc of California Inc.

    11/14/24 1:28:28 PM ET
    $BANC
    Major Banks
    Finance
    Get the next $BANC alert in real time by email
    SC 13G 1 banc13gsep24.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ) BANC OF CALIFORNIA INC (Name of Issuer) COMMON STOCK (Title of Class of Securities) 05990K106 (CUSIP NUMBER) September 30, 2024 (Date of Event which Requires Filing of Statement) Check the appropriate box to designate the Rule pursuant to which this Schedule is filed: [x] Rule 13d - 1(b) Rule 13d - 1(c) Rule 13d - 1(d) 1. Name of Reporting Person T. Rowe Price Investment Management, Inc. 85-4328500 2. Check the Appropriate Box if a Member of a Group NOT APPLICABLE 3. SEC Use Only 4. Citizenship or Place of Organization Maryland Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power* 10,235,154 6. Shared Voting Power* 0 7. Sole Dispositive Power* 10,268,682 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 10,268,682 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares NOT APPLICABLE 11. Percent of Class Represented by Amount in Row 9 6.5% 12. Type of Reporting Person IA *Any shares reported in Items 5 and 6 are also reported in Item 7. Item 1(a) Name of Issuer: BANC OF CALIFORNIA INC Item 1(b) Address of Issuer's Principal Executive Offices: 3 MACARTHUR PLACE, SANTA ANA, CA 92707 Item 2(a) Name of Person(s) Filing: (1) T. Rowe Price Investment Management, Inc. (Price Investment Management) Item 2(b) Address of Principal Business Office: 101 E. Pratt Street, Baltimore, MD 21201 Item 2(c) Citizenship or Place of Organization: (1) Maryland Item 2(d) Title of Class of Securities: COMMON STOCK Item 2(e) Cusip Number: 05990K106 Item 3: The person filing this Schedule 13G is an: X Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 Item 4: Reference is made to Items 5-11 on the preceding pages of this Schedule 13G. Item 5: Ownership of Five Percent or Less of a Class Not Applicable Item 6: Ownership of More than Five Percent on Behalf of Another Person (1) Price Investment Management does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client's custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the individual and institutional clients which Price Investment Management serves as investment adviser. Any and all discretionary authority which has been delegated to Price Investment Management may be revoked in whole or in part at any time. Except as may be indicated if this is a joint filing with one of the registered investment companies sponsored by Price Investment Management which it also serves as investment adviser ("T. Rowe Price Funds"), not more than 5% of the class of such securities is owned by any one client subject to the investment advice of Price Investment Management. Item 7: Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8: Identification and Classification of Members of the Group Not Applicable Item 9: Notice of Dissolution of Group Not Applicable Item 10: Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. T. Rowe Price Investment Management, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Investment Management is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. T. Rowe Price Investment Management, Inc. Date: November 14, 2024 Signature: /s/ Ellen York Name & Title: Ellen York, Vice President 09/30/2024
    Get the next $BANC alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $BANC

    DatePrice TargetRatingAnalyst
    2/7/2025$18.00Neutral
    Analyst
    1/6/2025$17.00 → $20.00Equal Weight → Overweight
    Wells Fargo
    10/31/2024$17.00 → $18.00Equal Weight → Overweight
    Barclays
    10/10/2024$15.00Neutral
    Citigroup
    9/24/2024$14.00 → $18.00Neutral → Outperform
    Wedbush
    9/17/2024$16.00Mkt Perform → Outperform
    Raymond James
    3/22/2024$16.00 → $18.00Mkt Perform → Outperform
    Keefe Bruyette
    3/8/2024$16.00Equal Weight
    Barclays
    More analyst ratings

    $BANC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Banc of California, Inc. Announces Quarterly Dividends

      Banc of California, Inc. (the "Company") (NYSE:BANC) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share on its outstanding common stock. The dividend will be payable July 1, 2025, to stockholders of record as of June 16, 2025. The Board of Directors also declared a quarterly cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F. The dividend will be payable June 2, 2025, to stockholders of record as of May 19, 2025. The Series F depositary shares are traded on the New York Stock Exchange under the "Banc/PF" symbol. The Company maintains a Dividend Reinvestment Plan (DRIP) whic

      5/8/25 6:00:00 AM ET
      $BANC
      Major Banks
      Finance
    • Banc of California, Inc. Reports First Quarter Diluted Earnings per Share of $0.26 and Loan Growth of 6% Annualized in the First Quarter; Upsizes Stock Buyback Program to $300 Million

      Banc of California, Inc. (NYSE:BANC): $0.26 Earnings Per Share   $18.17 Book Value Per Share   $16.12 Tangible Book Value Per Share(1)     10.43% CET1 Ratio     6% Annualized Loan Growth Banc of California, Inc. (NYSE:BANC) ("Banc of California" or the "Company"), the parent company of wholly-owned subsidiary Banc of California (the "Bank"), today reported financial results for the first quarter ended March 31, 2025. The Company reported net earnings available to common and equivalent stockholders of $43.6 million, or $0.26 per diluted common share, for the first quarter of 2025. This compares to net earnings available to common and equivalent st

      4/23/25 4:15:00 PM ET
      $BANC
      Major Banks
      Finance
    • Banc of California Announces Schedule of First Quarter 2025 Earnings Release and Conference Call

      Banc of California, Inc. (the "Company") (NYSE:BANC) today announced it will release 2025 first quarter financial results after market close on Wednesday, April 23, 2025. The Company will host a conference call to discuss its first quarter results the following day on Thursday, April 24, 2025 at 10:00 a.m. Pacific Time (PT). Interested parties are welcome to attend the conference call by dialing (888) 317-6003 and referencing event code 8785621. A link to the live audio webcast and the slide presentation for the call will be available on the Company's investor relations website prior to the call. An audio archive of the conference call will be available on the Company's investor relations

      4/7/25 6:00:00 AM ET
      $BANC
      Major Banks
      Finance

    $BANC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Banc of California Inc.

      SC 13G - BANC OF CALIFORNIA, INC. (0001169770) (Subject)

      11/14/24 1:28:28 PM ET
      $BANC
      Major Banks
      Finance
    • Amendment: SEC Form SC 13D/A filed by Banc of California Inc.

      SC 13D/A - BANC OF CALIFORNIA, INC. (0001169770) (Subject)

      8/1/24 5:00:49 PM ET
      $BANC
      Major Banks
      Finance
    • SEC Form SC 13G/A filed by Banc of California Inc. (Amendment)

      SC 13G/A - BANC OF CALIFORNIA, INC. (0001169770) (Subject)

      2/13/24 4:58:57 PM ET
      $BANC
      Major Banks
      Finance

    $BANC
    Financials

    Live finance-specific insights

    See more
    • Banc of California, Inc. Reports First Quarter Diluted Earnings per Share of $0.26 and Loan Growth of 6% Annualized in the First Quarter; Upsizes Stock Buyback Program to $300 Million

      Banc of California, Inc. (NYSE:BANC): $0.26 Earnings Per Share   $18.17 Book Value Per Share   $16.12 Tangible Book Value Per Share(1)     10.43% CET1 Ratio     6% Annualized Loan Growth Banc of California, Inc. (NYSE:BANC) ("Banc of California" or the "Company"), the parent company of wholly-owned subsidiary Banc of California (the "Bank"), today reported financial results for the first quarter ended March 31, 2025. The Company reported net earnings available to common and equivalent stockholders of $43.6 million, or $0.26 per diluted common share, for the first quarter of 2025. This compares to net earnings available to common and equivalent st

      4/23/25 4:15:00 PM ET
      $BANC
      Major Banks
      Finance
    • Banc of California Announces Schedule of First Quarter 2025 Earnings Release and Conference Call

      Banc of California, Inc. (the "Company") (NYSE:BANC) today announced it will release 2025 first quarter financial results after market close on Wednesday, April 23, 2025. The Company will host a conference call to discuss its first quarter results the following day on Thursday, April 24, 2025 at 10:00 a.m. Pacific Time (PT). Interested parties are welcome to attend the conference call by dialing (888) 317-6003 and referencing event code 8785621. A link to the live audio webcast and the slide presentation for the call will be available on the Company's investor relations website prior to the call. An audio archive of the conference call will be available on the Company's investor relations

      4/7/25 6:00:00 AM ET
      $BANC
      Major Banks
      Finance
    • Banc of California, Inc. Reports Fourth Quarter Diluted Earnings per Share of $0.28, Reflecting Strong Year-Over-Year Net Interest Margin Expansion and Lower Noninterest Expenses

      Banc of California, Inc. (NYSE:BANC): $0.28 Earnings Per Share $17.78 Book Value Per Share   $15.72 Tangible Book Value Per Share(1) 10.55% CET1 Ratio 29.1% Average Noninterest- Bearing Deposits to Average Total Deposits Banc of California, Inc. (NYSE:BANC) ("Banc of California" or the "Company"), the parent company of wholly-owned subsidiary Banc of California (the "Bank"), today reported financial results for the fourth quarter and year ended December 31, 2024. The Company reported net earnings available to common and equivalent stockholders of $47.0 million, or $0.28 per diluted common share, for the fourth quarter o

      1/23/25 6:00:00 AM ET
      $BANC
      Major Banks
      Finance

    $BANC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Analyst initiated coverage on Banc of California with a new price target

      Analyst initiated coverage of Banc of California with a rating of Neutral and set a new price target of $18.00

      2/7/25 8:22:15 AM ET
      $BANC
      Major Banks
      Finance
    • Banc of California upgraded by Wells Fargo with a new price target

      Wells Fargo upgraded Banc of California from Equal Weight to Overweight and set a new price target of $20.00 from $17.00 previously

      1/6/25 7:41:42 AM ET
      $BANC
      Major Banks
      Finance
    • Banc of California upgraded by Barclays with a new price target

      Barclays upgraded Banc of California from Equal Weight to Overweight and set a new price target of $18.00 from $17.00 previously

      10/31/24 6:16:32 AM ET
      $BANC
      Major Banks
      Finance

    $BANC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Rice Joseph J was granted 5,883 shares, increasing direct ownership by 37% to 21,637 units (SEC Form 4)

      4 - BANC OF CALIFORNIA, INC. (0001169770) (Issuer)

      5/9/25 4:48:28 PM ET
      $BANC
      Major Banks
      Finance
    • CHIEF CREDIT OFFICER Corsini Bryan M covered exercise/tax liability with 9,677 shares, decreasing direct ownership by 8% to 108,955 units (SEC Form 4)

      4 - BANC OF CALIFORNIA, INC. (0001169770) (Issuer)

      5/9/25 4:48:15 PM ET
      $BANC
      Major Banks
      Finance
    • Director Thau Andrew was granted 5,883 shares, increasing direct ownership by 17% to 41,502 units (SEC Form 4)

      4 - BANC OF CALIFORNIA, INC. (0001169770) (Issuer)

      5/9/25 4:47:15 PM ET
      $BANC
      Major Banks
      Finance

    $BANC
    Leadership Updates

    Live Leadership Updates

    See more
    • Banc of California Expands Specialty Lending Team

      Chris Hague joins Banc of California as Executive Vice President and Head of Specialty Finance Team includes five others to expand lender finance and additional areas Banc of California, a wholly owned subsidiary of Banc of California, Inc. (NYSE:BANC), announced today that Chris Hague has joined the company as Executive Vice President and Head of Specialty Finance. In this role, Hague oversees the bank's teams in Lender Finance, Asset-Based Lending (ABL), and Corporate Asset Finance and Commercial Aviation (CAF). Hague is also a member of the bank's Senior Management Committee. Hague is based in Chicago and reports to Hamid Hussain, President of the bank. Hague is an industry leader

      9/3/24 4:15:00 PM ET
      $BANC
      Major Banks
      Finance
    • Carlyle Group and WP Carey Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600

      NEW YORK, Nov. 27, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Thursday, November 30: Carlyle Group Inc. (NASD: CG) will replace ICU Medical Inc. (NASD: ICUI) in the S&P MidCap 400. ICU Medical will replace PacWest Bancorp (NASD: PACW) in the S&P SmallCap 600. Banc of California Inc. (NYSE:BANC) is acquiring PacWest Bancorp in a deal expected to be completed soon, pending final closing conditions. Post-merger, Banc of California will remain in the S&P SmallCap 600. ICU Medical is more representative of the small-cap market space.WP Carey Inc. (NYSE: WPC) will replace Worthingt

      11/27/23 6:28:00 PM ET
      $AVTA
      $BANC
      $CG
      $CWEN
      Finance: Consumer Services
      Finance
      Major Banks
      Investment Managers
    • Banc of California Names Joseph Kauder Executive Vice President and Chief Financial Officer

      Banc of California, Inc. (NYSE:BANC) (the "Company"), the holding company for Banc of California, N.A. (the "Bank"), today announced the appointment of Joseph Kauder as Executive Vice President and Chief Financial Officer of the Company and the Bank, effective July 10, 2023. Mr. Kauder succeeds Executive Vice President and CFO Lynn Hopkins, who stepped down from the Company effective March 31, 2023. Raymond Rindone, the Company's Deputy CFO and Chief Accounting Officer, will continue to serve as interim Chief Financial Officer until Mr. Kauder joins the Company. "I am thrilled to have Joe join our executive leadership team," said Jared Wolff, Chairman, President & CEO of Banc of Califor

      7/6/23 6:00:00 AM ET
      $BANC
      Major Banks
      Finance

    $BANC
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Barker James Andrew bought $131,560 worth of shares (10,000 units at $13.16) (SEC Form 4)

      4 - BANC OF CALIFORNIA, INC. (0001169770) (Issuer)

      4/29/25 8:49:31 PM ET
      $BANC
      Major Banks
      Finance
    • Wolff Jared M bought $99,677 worth of shares (7,130 units at $13.98) (SEC Form 4)

      4 - BANC OF CALIFORNIA, INC. (0001169770) (Issuer)

      4/26/24 8:29:10 AM ET
      $BANC
      Major Banks
      Finance
    • Lashley Richard J bought $108,562 worth of shares (7,500 units at $14.47) (SEC Form 4)

      4 - BANC OF CALIFORNIA, INC. (0001169770) (Issuer)

      3/15/24 4:44:35 PM ET
      $BANC
      Major Banks
      Finance

    $BANC
    SEC Filings

    See more
    • SEC Form 10-Q filed by Banc of California Inc.

      10-Q - BANC OF CALIFORNIA, INC. (0001169770) (Filer)

      5/9/25 4:19:52 PM ET
      $BANC
      Major Banks
      Finance
    • Banc of California Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Other Events

      8-K - BANC OF CALIFORNIA, INC. (0001169770) (Filer)

      5/8/25 5:07:45 PM ET
      $BANC
      Major Banks
      Finance
    • Banc of California Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - BANC OF CALIFORNIA, INC. (0001169770) (Filer)

      4/23/25 4:27:41 PM ET
      $BANC
      Major Banks
      Finance