Banc of California, Inc. BANC
Updated: 11 Aug 2026
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Recent News
On July 29, 2026, Banc of California reported its second-quarter 2026 financial results and announced a strategic balance sheet repositioning. The actions included repositioning $2.3 billion in lower-yielding securities, initiating the sale of $827 million in targeted commercial real estate loans, and redeeming $385 million in subordinated debt. Non-recurring charges from these moves resulted in a quarterly net loss of $251.3 million.
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