{"schema_version":"secwatch.filing_event.v1","accession":"0001169770-23-000042","form_type":"8-K","ticker":"BANC","cik":"0001169770","company_name":"BANC OF CALIFORNIA, INC.","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.110858+00:00","generated_at":"2026-06-16T22:16:44.502901+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Banc of California Q1 net income $20.3M ($0.34 EPS); deposits down 2%, dividend raised 67%","bullets":["GAAP EPS $0.34 vs $0.36 prior quarter; adjusted EPS $0.37 vs $0.45.","Net interest margin fell 28bp to 3.41% on higher funding costs; total deposits down 2% but uninsured deposits 27% of total.","Available liquidity $4.0B, 2.2x uninsured/collateralized deposits; $1.0B cash at quarter-end.","Capital ratios strong: CET1 11.66%, total risk-based 14.06%; dividend raised 67% to $0.10/share.","Repurchased $5.2M of stock in Q1 (additional $10M through Apr 12); book value per share $16.33."],"urls":{"canonical":"https://secwatch.observer/filing/0001169770-23-000042","json":"https://secwatch.observer/filing/0001169770-23-000042.json","markdown":"https://secwatch.observer/filing/0001169770-23-000042.md","text":"https://secwatch.observer/filing/0001169770-23-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1169770/000116977023000042/0001169770-23-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1169770/000116977023000042/banc-20230420.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T22:16:44.502901+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":[{"claim_id":"4bd527e62f9789eeae86b1b4f8246f93a2162b8b","claim":"BANC OF CALIFORNIA, INC. reported first quarter of 2023 results: net income $20.3 million, EPS $0.34 per diluted common share.","evidence_excerpt":"Banc of California, Inc. (NYSE: BANC) today reported net income of $20.3 million, or $0.34 per diluted common share, for the first quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169770/000116977023000042/0001169770-23-000042-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Net income","value":"$20.3 million"},{"label":"EPS","value":"$0.34 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}