---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-048902"
form_type: "8-K"
ticker: "BANC"
cik: "0001169770"
company_name: "BANC OF CALIFORNIA, INC."
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T19:45:33.471176+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Banc of California & PacWest receive final regulatory approvals for merger; close expected by end-2023

## Summary
- Federal Reserve and California DFPI granted approval; no further regulatory approvals required.
- Transaction expected to close before end of 2023, subject to stockholder approvals.
- Combined pro forma: ~$36B assets, $25B loans, $30B deposits, 70+ branches in CA, NC, CO.
- Merger agreement signed July 25, 2023; includes equity investment from Warburg Pincus and Centerbridge.

## SEC filing metadata
- accession: 0001140361-23-048902
- form_type: 8-K
- ticker: BANC
- cik: 0001169770
- company_name: BANC OF CALIFORNIA, INC.
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1169770/000114036123048902/0001140361-23-048902-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1169770/000114036123048902/ny20009876x9_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-048902
- JSON: https://secwatch.observer/filing/0001140361-23-048902.json
- Plain text: https://secwatch.observer/filing/0001140361-23-048902.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.