secwatch.observer — SEC 8-K summary
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Issuer:     BANC OF CALIFORNIA, INC. (BANC)
CIK:        0001169770
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001628280-25-035759
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banc of California Q2 EPS $0.12 ($0.31 adj); loan growth 9% ann.; NIM 3.10%
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- Net earnings available to common $18.4M ($0.12 diluted); adjusted EPS $0.31.
- Total revenue $272.8M (+3% QoQ); pre-tax pre-provision income $87.0M (+6%).
- Loans $24.7B (+9% annualized); deposits $27.5B (+1%).
- Provision for credit losses $39.1M, including $26.3M related to loans transferred to held for sale.
- Book value $18.58; tangible book $16.46; CET1 ratio 9.92%; share repurchases $111.5M in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1169770/000162828025035759/0001628280-25-035759-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1169770/000162828025035759/banc-20250723.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-035759

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer