OverviewSuggest Edit

Banc of California provides full-service banking and home lending to private businesses, entrepreneurs and homeowners. The Company is the parent of Banc of California, National Association, which offers automated bill payment, cash and treasury management, master demand accounts, foreign exchange, interest rate swaps, trust services, card payment services, remote and mobile deposit capture, automatic clearing house origination, wire transfer, direct deposit, and safe deposit boxes.

TypePublic
Founded1941
HQSanta Ana, CA, US
Websitebancofcal.com
Employee Ratings3.3
Overall CultureF

Latest Updates

Employees (est.) (Dec 2019)652(-10%)
Job Openings1
Revenue (FY, 2020)$3.8 M(-4%)
Share Price (Jun 2021)$18
Cybersecurity ratingBMore

Key People/Management at Banc of California

Jared Wolff

Jared Wolff

President and Chief Executive Officer
Debbie Dahl-Amundson

Debbie Dahl-Amundson

Executive Vice President, Chief Internal Audit Officer
Ido Dotan

Ido Dotan

Executive Vice President, General Counsel and Corporate Secretary
Robert Dyck

Robert Dyck

Executive Vice President, Chief Credit Officer​
Lynn Hopkins

Lynn Hopkins

Executive Vice President and Chief Financial Officer
Jim Hazboun

Jim Hazboun

Chief Human Resources Officer (CHRO) - Executive Vice President | Human
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Banc of California Office Locations

Banc of California has an office in Santa Ana
Santa Ana, CA, US (HQ)
2021 E 4th St UNIT 122
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Banc of California Financials and Metrics

Banc of California Revenue

Banc of California's revenue was reported to be $3.81 m in FY, 2020
USD

Revenue (Q1, 2021)

1.3m

Net income (Q1, 2021)

14.4m

Market capitalization (4-Jun-2021)

913.8m

Closing stock price (4-Jun-2021)

18.0

Cash (31-Mar-2021)

379.5m

EV

557.5m
Banc of California's current market capitalization is $913.8 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

4.9m36.6m96.7m145.6m220.2m271.9m44.7m5.6m4.0m3.8m

Revenue growth, %

46%35%

Sales and marketing expense

477.0k1.0m4.4m5.0m6.2m10.7m5.3m12.7m8.4m3.3m

General and administrative expense

1.8m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.6m2.0m503.0k639.0k19.5m17.9m26.1m18.2m25.3m35.4m44.1m46.0m66.7m50.7m52.0m65.6m74.6m14.9m5.7m18.4m1.5m1.5m1.3m1.2m1.1m976.0k765.0k859.0k1.1m1.3m

Sales and marketing expense

51.0k71.0k239.0k214.0k395.0k522.0k890.0k1.7m1.1m710.0k1.6m912.0k1.3m1.3m1.8m2.4m2.9m1.7m1.1m1.1m3.3m2.9m3.2m2.1m2.0m2.1m1.8m1.2m219.0k118.0k

General and administrative expense

439.0k338.0k527.0k699.0k1.7m

R&D expense

323.0k356.0k407.0k502.0k1.0m910.0k1.4m1.6m791.0k1.3m1.3m1.8m2.1m2.2m2.2m2.8m2.8m2.2m2.2m1.9m1.7m1.7m1.9m1.5m1.7m1.6m1.8m1.5m1.7m1.7m
USDQ2, 2011

Financial Leverage

5.5 x
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Banc of California Operating Metrics

Banc of California's Total Loans was reported to be $5.9b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

3738373535383839393735

Locations

9090

Non-performing Loans

$38.38 m$42.75 m$42.71 m$45.19 m$45.13 m$44.22 m$45.01 m$35.22 m$14.94 m$16.22 m$9.06 m

Total Loans

$3.92 b$3.9 b$4.44 b$4.7 b$5.15 b$5.43 b$6.2 b$6.53 b$5.99 b$6.06 b$5.91 b
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Banc of California Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Banc of California Online and Social Media Presence

Embed Graph

Banc of California Company Culture

  • Overall Culture

    F

    49/100

  • CEO Rating

    F

    30/100

  • Compensation

    C

    63/100

  • Diversity

    D-

    48/100

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Banc of California News and Updates

Banc of California Announces Credit Facility for magicJack and United Online

SANTA ANA, Calif., Jan. 25, 2019 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), the holding company for Banc of California, N.A. ("Bank"), today announced that it has acted as lead agent bank in providing a $90 million credit facility to subsidiaries of B. Riley Financial, Inc....

Banc of California Reports Fourth Quarter 2018 Earnings

SANTA ANA, Calif., Jan. 24, 2019 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today reported net income available to common stockholders of $6.7 million, for the fourth quarter of 2018, resulting in diluted earnings per common share of $0.13 for the quarter. Highlights for the...

Banc of California Announces Promotion of Jim Wiegandt to Executive Vice President, Head of Real Estate Banking

SANTA ANA, Calif., Jan. 14, 2019 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), the holding company for Banc of California, N.A. ("Bank"), today announced that Jim Wiegandt has been promoted to Executive Vice President, Head of Real Estate Banking for the Bank. Mr. Wiegandt joined ...

Banc of California Announces Schedule of Fourth Quarter 2018 Earnings Release and Conference Call

SANTA ANA, Calif., Jan. 10, 2019 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced it will release 2018 fourth quarter financial results on Thursday, January 24, 2019, before the market opens. The Company will host a conference call to discuss its fourth quarter...

Banc of California Announces Participation at Upcoming November Investor Conferences

SANTA ANA, Calif., Nov. 1, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced that Doug Bowers, President and Chief Executive Officer and John Bogler, Chief Financial Officer, will be participating at upcoming November investor conferences as follows: On November...

Banc of California Appoints Barbara Fallon-Walsh to the Board of Directors

SANTA ANA, Calif., Sept. 4, 2018 /PRNewswire/ -- Banc of California, Inc. (the "Company")(NYSE: BANC), today announced that Barbara Fallon-Walsh has been appointed to its Board of Directors (the "Board") as well as to the Board of Banc of California, N.A. ("Bank"), the Company's...
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Banc of California Frequently Asked Questions

  • When was Banc of California founded?

    Banc of California was founded in 1941.

  • Who are Banc of California key executives?

    Banc of California's key executives are Jared Wolff, Debbie Dahl-Amundson and Ido Dotan.

  • How many employees does Banc of California have?

    Banc of California has 652 employees.

  • What is Banc of California revenue?

    Latest Banc of California annual revenue is $3.8 m.

  • What is Banc of California revenue per employee?

    Latest Banc of California revenue per employee is $5.8 k.

  • Who are Banc of California competitors?

    Competitors of Banc of California include CIT, Fifth Third Bancorp and First Merchants.

  • Where is Banc of California headquarters?

    Banc of California headquarters is located at 2021 E 4th St UNIT 122, Santa Ana.

  • Where are Banc of California offices?

    Banc of California has an office in Santa Ana.

  • How many offices does Banc of California have?

    Banc of California has 1 office.