Banc of California and Pacific Mercantile Bancorp Announce Receipt of Final Regulatory Approval
Banc of California, Inc. (BANC)
Last banc of california, inc. earnings: 4/29 06:00 am
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US:NASDAQ Investor Relations:
snl.com/irw/corporateprofile/4074352
Company Research
Source: Business Wire
SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) (the “Company”) and Pacific Mercantile Bancorp (NASDAQ: PMBC) (“Pacific Mercantile”) today announced that all required regulatory approvals for the mergers of Pacific Mercantile into the Company and Pacific Mercantile Bank into Banc of California, N.A. have been received. Subject to the satisfaction of the remaining closing conditions, the transaction is scheduled to close on or about October 18, 2021.With the addition of Pacific Mercantile, on a pro forma combined basis, the Company would have total assets of approximately $9.6 billion, total loans outstanding of approximately $7.1 billion, and total deposits of approximately $7.5 billion as of June 30, 2021 (unaudited).About Banc of California, Inc.Banc of California, Inc. (NYSE: BANC) is a bank holding company with approximately $8.0 billion in assets and one wholly-owned banking subsidiary, Banc of California, N.A. (the Bank). The Bank has 35 offices inc
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BANC
News
- Banc of California, Inc. (NYSE: BANC) had its price target raised by analysts at Wells Fargo & Company from $14.00 to $16.00. They now have an "equal weight" rating on the stock.MarketBeat
- Banc of California Announces New Community Banking Leaders [Yahoo! Finance]Yahoo! Finance
- Banc of California Announces New Community Banking LeadersBusiness Wire
- Banc of California Announces Schedule of First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Banc of California Announces Schedule of First Quarter 2024 Earnings Release and Conference CallBusiness Wire
BANC
Earnings
- 1/25/24 - Miss
BANC
Sec Filings
- 3/28/24 - Form ARS
- 3/28/24 - Form DEF
- 3/28/24 - Form DEFA14A
- BANC's page on the SEC website