{"schema_version":"secwatch.filing_event.v1","accession":"0001169770-23-000065","form_type":"8-K","ticker":"BANC","cik":"0001169770","company_name":"BANC OF CALIFORNIA, INC.","filed_at":"2023-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.403874+00:00","generated_at":"2026-06-09T13:28:47.953541+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Banc of California Q3 net income $42.6M, adj. EPS $0.30; PacWest merger on track for Nov 30","bullets":["Net income $42.6M ($0.74 diluted EPS) vs $17.9M ($0.31) prior qtr; adjusted net income $17.1M ($0.30).","Net interest margin improved 8 bps to 3.19%; noninterest-bearing deposits stable at 36% of total deposits.","Merger with PacWest expected close ~Nov 30, 2023 after receiving all regulatory approvals.","Book value per share $17.44 (+4.6% QoQ); tangible book value $15.34 (+5.4%); provision for credit losses $5.0M."],"urls":{"canonical":"https://secwatch.observer/filing/0001169770-23-000065","json":"https://secwatch.observer/filing/0001169770-23-000065.json","markdown":"https://secwatch.observer/filing/0001169770-23-000065.md","text":"https://secwatch.observer/filing/0001169770-23-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1169770/000116977023000065/0001169770-23-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1169770/000116977023000065/banc-20231024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T13:28:47.953541+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":"4cc8fcefdb7534ba95e3d5220b1543487b9871d7","claim":"BANC OF CALIFORNIA, INC. reported the third quarter of 2023 results: net income $42.6 million, EPS $0.74 per diluted common share.","evidence_excerpt":"Banc of California Reports Net Income of $42.6 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169770/000116977023000065/0001169770-23-000065-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of 2023"},{"label":"Net income","value":"$42.6 million"},{"label":"EPS","value":"$0.74 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"}