Banc of California, Inc.

NYSE BANC

Banc of California, Inc. Net Income for the Trailing 12 Months (TTM) ending September 30, 2024: USD -412.99 M

Banc of California, Inc. Net Income is USD -412.99 M for the Trailing 12 Months (TTM) ending September 30, 2024, a -503.90% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Banc of California, Inc. Net Income for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 102.25 M, a -2.78% change year over year.
  • Banc of California, Inc. Net Income for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 105.17 M, a 34.32% change year over year.
  • Banc of California, Inc. Net Income for the Trailing 12 Months (TTM) ending September 30, 2021 was USD 78.30 M, a 1,422.42% change year over year.
  • Banc of California, Inc. Net Income for the Trailing 12 Months (TTM) ending September 30, 2020 was USD 5.14 M, a -74.94% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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NYSE: BANC

Banc of California, Inc.

CEO Mr. Jared M. Wolff J.D.
IPO Date Aug. 23, 2002
Location United States
Headquarters 3 MacArthur Place
Employees 1,960
Sector Finance
Industries
Description

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. The company offers deposit products, including checking, savings, money market, retirement, and interest-bearing and noninterest-bearing demand accounts, as well as certificate of deposits. It also provides various commercial and consumer loan products, such as commercial and industrial loans; commercial real estate and multifamily loans; construction loans; single family residential mortgage loans; warehouse and indirect/direct leveraged lending; home equity lines of credit; small business administration loans; and other consumer loans. In addition, the company offers automated bill payment, cash and treasury management, foreign exchange, card payment, remote and mobile deposit capture, automated clearing house origination, wire transfer, direct deposit, and internet banking services; and master demand accounts, interest rate swaps, and safe deposit boxes. Further, it invests in collateralized loan obligations, agency securities, municipal bonds, agency residential mortgage-backed securities, and corporate debt securities. As of December 31, 2020, the company operated 29 full-service branches in Southern California. The company was formerly known as First PacTrust Bancorp, Inc. and changed its name to Banc of California, Inc. in July 2013. Banc of California, Inc. was founded in 1941 and is headquartered in Santa Ana, California.

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StockViz Staff

January 15, 2025

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