{"schema_version":"secwatch.filing_event.v1","accession":"0001169770-22-000044","form_type":"8-K","ticker":"BANC","cik":"0001169770","company_name":"BANC OF CALIFORNIA, INC.","filed_at":"2022-09-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.120266+00:00","generated_at":"2026-06-23T09:01:30.875490+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Banc of California acquires Deepstack payment platform for $24M in cash and stock","bullets":["Acquisition of Deepstack's payments platform for $24M (70% cash, 30% stock at $17.46/share).","Expected to be neutral to 2023 consensus EPS, accretive thereafter; ~2.7% dilutive to TBV per share.","Deal includes three-year earn-out from operating profits; Deepstack's 11 employees join Banc of California.","Jayme Amirie remains President of Deepstack as an operating subsidiary; three executives sign 3-year agreements.","Expands into payment processing, adds high-margin fee income and noninterest-bearing deposits."],"urls":{"canonical":"https://secwatch.observer/filing/0001169770-22-000044","json":"https://secwatch.observer/filing/0001169770-22-000044.json","markdown":"https://secwatch.observer/filing/0001169770-22-000044.md","text":"https://secwatch.observer/filing/0001169770-22-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1169770/000116977022000044/0001169770-22-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1169770/000116977022000044/banc-20220915.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T09:01:30.875490+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}