Welcome to our dedicated page for BANC OF CALIFORNIA SEC filings (Ticker: BANC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Banc of California, Inc. filings document financial results, governance, securities registration, and capital actions for a public bank holding company. Form 8-K reports furnish quarterly earnings releases, Regulation FD investor materials, dividend declarations for common stock and Series F preferred depositary shares, and other material corporate events.
Proxy materials disclose annual meeting matters, director elections, executive compensation, stockholder voting results, and board governance. Registration-related filings and prospectus supplements cover shelf registration mechanics, resale registration obligations, common stock, preferred securities, and related legal opinions, while the company’s disclosures also reflect capital structure and stockholder-rights matters tied to its commercial banking business.
Banc of California, Inc. reported a Q2 2026 net loss of 241,347 (in thousands), or (1.61) per diluted share, versus net earnings in the prior-year quarter. Net interest income was 250,501, modestly higher year over year, but results were heavily affected by a 161,780 provision for credit losses and a 256,749 loss on securities available-for-sale.
As part of “strategic balance sheet actions,” the company transferred its entire $2.3 billion HTM securities portfolio to AFS and sold most of it, realizing a net loss on sale of 251,300 (in thousands), then reinvested $1.7 billion of proceeds into higher-yielding, lower-duration AFS securities. Total assets were 35,030,953 and deposits 28,121,182 at June 30, 2026. Loans held for investment declined to 24,210,846, while nonaccrual loans rose to 203,712. Stockholders’ equity was 3,410,146, reflecting the net loss partially offset by an improvement in accumulated other comprehensive loss, and cash, cash equivalents, and restricted cash increased to 2,818,055.
Banc of California, Inc. chief risk officer Lindsay Olivia I reported a sale of 6,000 shares of Common Stock on 2026-08-04 at $19.505 per share in an open market or private transaction. After this transaction, she directly holds 32,842 shares of Banc of California common stock.
ETRADE Financial Corporation is the issuer of common stock covered by this notice of proposed sale on the NYSE. The filing lists 6,000 shares of common stock under the section for securities to be sold, with an entry date of 08/04/2026.
The disclosure also details prior stock plan activity executed through Banc of California, including transactions involving 534 shares3,915 shares1,346 shares205 shares
BANC OF CALIFORNIA, INC. chief financial officer Joseph Kauder reported a tax-withholding disposition of 5,444 shares of common stock on 2026-08-02 at $19.15 per share, to satisfy tax liability from a vesting equity award. After this, he holds 60,361 shares directly and 6,917 shares indirectly through a revocable trust.
Banc of California reported second-quarter 2026 results dominated by a strategic balance sheet repositioning that produced a large accounting loss but is designed to raise future earnings. The bank sold $2.3 billion of lower-yielding securities, initiated the sale of $827.0 million of select commercial real estate and multi-family construction loans, and retired $385.0 million of subordinated debt ahead of a higher rate reset.
These moves drove a net loss available to common and equivalent stockholders of $251.3 million, or $(1.61) per diluted share, including a $256.7 million pre-tax loss on securities and a $161.8 million provision for credit losses tied largely to loans transferred to held for sale. Net interest income was $250.5 million and net interest margin was 3.13%, down from 3.24% in the prior quarter.
Core franchise metrics remained resilient: average loans grew 2.3% quarter over quarter, total deposits rose to $28.1 billion, and the loan‑to‑deposit ratio was 89.3%. Credit quality indicators improved, with total delinquent loans falling to 0.72% of loans held for investment and classified and special mention loans declining as a share of the portfolio. The allowance for credit losses on loans was 1.14% of loans and leases, and the holding company reported a 9.25% common equity tier 1 capital ratio. Management expects net interest margin to increase to about 3.30% after the targeted loan sale closes and has outlined 2026 year-end targets including NIM of 3.30–3.40% and return on average tangible common equity of 11.5–12.5%.
Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander report beneficial ownership of 2,948,474 shares of Banc of California, Inc. common stock, representing 1.9% of the outstanding class as of June 30, 2026.
Each reporting person has no sole voting or dispositive power and shared voting and dispositive power over 2,948,474 shares. The shares are held by investment entities subject to voting control and investment discretion of Millennium Management LLC and other managers controlled by Millennium Group Management LLC and Mr. Englander, and this structure is stated not to constitute an admission of beneficial ownership. They indicate ownership of 5 percent or less of the class, and the parties have executed a joint filing agreement dated July 13, 2026.
Rice Joseph J reported acquisition or exercise transactions in this Form 4 filing.
BANC OF CALIFORNIA, INC. executive Joseph J. Rice reported equity awards in the company’s stock. He received 18,114 restricted stock units, bringing his direct common stock holdings to 44,531 shares after the grant. He also holds 10,000 shares through the Joseph J. Rice 2012 Irrevocable Trust and 9,500 shares through the Joseph & Monica Rice Revocable Trust.
Rice was additionally granted 50,000 performance-based restricted stock units tied to the issuer’s common stock achieving a twenty-day Volume-Weighted Average Price of $28.73 per share by May 23, 2028, along with continued service through that date.
Warburg Pincus LLC reported Rule 144 sales of Common Stock. The filing shows sales of 2,640,244 shares on 05/07/2026 for $49,927,014.04 and 3,917,436 shares on 05/26/2026 for $73,882,842.96. The shares were originally acquired in a merger on 11/30/2023 as merger consideration.
BANC OF CALIFORNIA, INC. chief credit officer Bryan M. Corsini reported an open-market sale of Common Stock. On 2026-05-26, he sold 14,988 shares at a weighted average price of $19.064 per share in multiple trades priced between $19.060 and $19.075. Following this sale, he directly owns 59,045 shares of the company’s common stock.