{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-026554","form_type":"8-K","ticker":"BANC","cik":"0001169770","company_name":"BANC OF CALIFORNIA, INC.","filed_at":"2026-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.026753+00:00","generated_at":"2026-05-15T04:50:34.549391+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 Q1 EPS $0.39 (+50% YoY); NIM expands to 3.24%; sub debt redemption","bullets":["Diluted EPS $0.39, up 50% YoY; net income available to common $62M.","Net interest margin 3.24%, up 4bp QoQ driven by 11bp decline in deposit costs.","Total revenue $286.9M (+8% YoY); pre-tax pre-provision income $105.6M (+28% YoY).","Repurchased $31.9M of stock at avg $18.68; extended buyback program to March 2027.","Announced redemption of $385M subordinated debt; NPLs rose to $185.7M from $159.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-026554","json":"https://secwatch.observer/filing/0001628280-26-026554.json","markdown":"https://secwatch.observer/filing/0001628280-26-026554.md","text":"https://secwatch.observer/filing/0001628280-26-026554.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1169770/000162828026026554/0001628280-26-026554-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1169770/000162828026026554/banc-20260422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:50:34.549391+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":"8fc3c64c5e43a76913f90d747add59649b3ee6f5","claim":"BANC OF CALIFORNIA, INC. reported first quarter ended March 31, 2026 results: revenue $286.9 million, EPS $0.39 per diluted common share.","evidence_excerpt":"growth, supported by strong pipelines, embedded asset repricing opportunities, and our attractive market position.” First Quarter 2026 Financial Highlights: • Total revenue of $286.9 million, up 8% year over year, with pre-tax pre-provision income (1) of $105.6 million, up 28% year over year . • Net interest margin expanded 4 basis points to 3.24% compared to fourth","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169770/000162828026026554/0001628280-26-026554-index.htm","confidence":0.93,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$286.9 million"},{"label":"EPS","value":"$0.39 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"}