Banc of California Inc (BANC)

Banc of California, Inc. is a bank holding company listed on the New York Stock Exchange under the ticker BANC. Through its banking subsidiary, the company provides banking and treasury management services in the United States. Its product set includes a range of deposit accounts, time deposits, certificates of deposit, and safe deposit boxes, along with lending activities covering commercial real estate, multifamily, residential real estate, construction and land, commercial and asset-based loans, lender finance, equipment finance, venture capital-related lending, warehouse lending, and consumer loans. The company also serves commercial clients with electronic payment capabilities such as merchant acquiring, card issuing, automated bill payments, cash and treasury management, foreign exchange, wire transfers, remote deposit capture, and automated clearing house origination. In addition, it offers investment management services. Banc of California serves small and middle-market businesses, nonprofit organizations, business owners, entrepreneurs, professionals, and high-net-worth individuals, with branches across California and offices in Denver and Durham. The company was founded in 1941 and is headquartered in Los Angeles, California.

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