Associated tags: Small business, Banc of California, BANC, Banq, Bank, Banking, Professional Services, Finance, NYSE
Locations: UNITED STATES, NORTH AMERICA, CALIFORNIA, LOS ANGELES, IR, MASSACHUSETTS, NEW YORK CITY
Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today the launch of Build@Banc, a service dedicated to providing tailored banking solutions to seed and early-stage innovative startups.
Key Points:
- Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today the launch of Build@Banc, a service dedicated to providing tailored banking solutions to seed and early-stage innovative startups.
- The Build@Banc team also provides guidance and resources to help founders choose the right banking solutions and offers introductions to its well-established network of investors and advisers.
- “We want companies to start with us, stay with us and grow with us — from inception to IPO and beyond,” said Sean Lynden, President of the Venture Banking Group at Banc of California.
- Based in Los Angeles, Banc of California is the third-largest bank by assets headquartered in California and is one of the nation’s premier relationship-focused business banks.
Professional Services,
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Holding company 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.
Key Points:
- 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, 2024, to stockholders of record as of June 14, 2024.
- The Series F depositary shares are traded on the New York Stock Exchange under the “Banc/PF” symbol.
- All registered common stockholders with holdings maintained at the Company’s transfer agent, Computershare, are eligible to participate in the DRIP program.
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Management Banc of California, a wholly owned subsidiary of Banc of California, Inc. (NYSE: BANC), announced today that Ann DeVries has joined as Senior Vice President, Strategic Finance and Head of Investor Relations.
Key Points:
- Banc of California, a wholly owned subsidiary of Banc of California, Inc. (NYSE: BANC), announced today that Ann DeVries has joined as Senior Vice President, Strategic Finance and Head of Investor Relations.
- In this newly created position, she is responsible for Banc of California’s investor relations strategy, investor and research analyst outreach, and communication with current and potential investors.
- DeVries is based in New York City and reports to Joe Kauder, Executive Vice President and Chief Financial Officer.
- Previously, DeVries spent 16 years at JPMorgan Chase & Co., where she held a series of increasingly senior roles in investment banking, financial reporting and investor relations.
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Bank Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today that it has promoted several leaders in Community Banking, which provides in-market relationship lending and treasury management solutions through its network of branches and regional offices.
Key Points:
- Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today that it has promoted several leaders in Community Banking, which provides in-market relationship lending and treasury management solutions through its network of branches and regional offices.
- Chris Baron has been promoted to President, Community Banking, to oversee Banc of California’s five regions in California and Colorado, along with its national asset-based lending business finance team.
- Baron is based in Beverly Hills, California, and reports to Hamid Hussain, President of Banc of California.
- In addition, he sits on the BANC Foundation board for Banc of California.
Banc of California, Inc. (the “Company”) (NYSE: BANC) today announced it will release 2024 first quarter financial results on Tuesday, April 23, 2024.
Key Points:
- Banc of California, Inc. (the “Company”) (NYSE: BANC) today announced it will release 2024 first quarter financial results on Tuesday, April 23, 2024.
- The Company will host a conference call to discuss its first quarter earnings at 10:00 a.m. Pacific Time (PT) on the same day.
- A live audio webcast will also be available on the Webcasts page of the Company’s investor relations website.
- The slide presentation for the call will also be available on the Company's investor relations website prior to the call.
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Cryptocurrency Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today that industry leader Greg Smith has joined the company as senior vice president of Digital Strategy.
Key Points:
- Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today that industry leader Greg Smith has joined the company as senior vice president of Digital Strategy.
- In this role, Smith is leading a team that will augment the bank’s client-centric digital experience, including its online and mobile banking tools.
- Smith is based in Los Angeles and reports directly to Chief Operating Officer John Sotoodeh.
- “It was clear to me from the start that Banc of California is committed to technology and innovation, which is why I’m thrilled to be leading its team of very talented digital strategy professionals.”
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Nursing Banc of California, Inc. (NYSE: BANC) today announced that its wholly owned subsidiary and premier relationship-focused business bank, Banc of California, has been recognized by Newsweek and Plant-A Insights Group as one of America’s Greatest Workplaces for Women 2024 .
Key Points:
- Banc of California, Inc. (NYSE: BANC) today announced that its wholly owned subsidiary and premier relationship-focused business bank, Banc of California, has been recognized by Newsweek and Plant-A Insights Group as one of America’s Greatest Workplaces for Women 2024 .
- Banc of California is one of only four companies in the banks category to earn five out of five stars.
- View the full release here: https://www.businesswire.com/news/home/20240306989397/en/
“Banc of California is thrilled to be recognized as having a great workplace for women,” said Jared Wolff, CEO of Banc of California.
- To that end, Newsweek and Plant-A Insights are proud to introduce America’s Greatest Workplaces for Women.”
Retrieved on:
Thursday, February 22, 2024
Finance,
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Bridge bank Banc of California, Inc. (NYSE: BANC) today announced that Michael David has joined its wholly owned subsidiary, Banc of California, California’s premier relationship-focused business bank, in the newly created role of executive vice president for Technology Banking-West, part of the Venture Banking group.
Key Points:
- Banc of California, Inc. (NYSE: BANC) today announced that Michael David has joined its wholly owned subsidiary, Banc of California, California’s premier relationship-focused business bank, in the newly created role of executive vice president for Technology Banking-West, part of the Venture Banking group.
- David, formerly with Bridge Bank, will be based in Menlo Park, California, and report to Sean Lynden, president of the Venture Banking group.
- “Michael brings more than two decades of experience in venture banking to this new role, and he and his team will bring Banc of California’s expanded venture banking capabilities and expertise to a whole new set of clients,” said Lynden.
- The Venture Banking group offers a broad range of venture debt, fund finance, and treasury and cash management solutions.
Retrieved on:
Thursday, February 8, 2024
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.
Key Points:
- 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 April 1, 2024, to stockholders of record as of March 15, 2024.
- The Series F depositary shares are traded on the New York Stock Exchange under the “Banc/PF” symbol.
- All registered common stockholders with holdings maintained at the Company’s transfer agent, Computershare, are eligible to participate in the DRIP program.