Oct 26 (Reuters) - Banc Of California Inc -:Banc of California reports third quarter 2017 earnings.Q3 earnings per share $0.25 from continuing operations.Q3 earnings per share $0.23.Banc of California Inc qtrly net interest income $75.04 million versus $82.85 mln.
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Aug 31 (Reuters) - Banc Of California Inc :Banc of California announces hiring of John A. Bogler as chief financial officer.Banc of California Inc - appointment of Lawrence Gee as interim chief accounting officer..Banc of California Inc - Bogler most recently served as chief financial officer of Sabal Financial Group LP Since 2014.
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July 26 (Reuters) - Banc Of California Inc :Banc Of California reports second quarter 2017 earnings.Q2 earnings per share $0.20 from continuing operations.Q2 earnings per share $0.14.Banc Of California Inc says Q2 common equity tier 1 capital ratio improved from prior quarter to 9.8%.Banc Of California Inc says consolidated assets totaled $10.4 billion at June 30, 2017, down 6% compared to prior quarter and up 2% compared to prior year.
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June 30 (Reuters) - Banc Of California Inc :Banc of California Inc says effective June 30, 2017, company voluntarily terminated its $75 million revolving credit facility - sec filing.
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June 14 (Reuters) - Banc Of California Inc ::Francisco A. Turner has resigned from his role as interim chief financial officer.Albert Wang will assume role of principal financial officer as company continues its search for a permanent CFO.Banc Of California - Turner's decision to resign did not relate to any issues regarding co's financial reporting or integrity of bank's systems or controls.
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May 3 (Reuters) - Banc Of California Inc :Banc Of California Inc Qtrly net interest income $80.5 million versus $67.24 million .Banc of california reports first quarter 2017 earnings.Banc Of California Inc Q1 earnings per share $0.23.
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April 27 (Reuters) - Banc Of California Inc ::Banc of California names Doug Bowers president and chief executive officer.Hugh Boyle will return to his role as chief risk officer.Banc Of California Inc - Francisco turner will remain in his role as interim chief financial officer.Francisco Turner will remain in his role as interim CFO, chief strategy officer and principal financial officer..Banc Of California Inc - board of directors has appointed Doug Bowers as president, CEO, effective may 8, 2017, and a director of board.
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April 24 (Reuters) - Banc Of California Inc : :Banc of California - on April 17, co, administrative agent, lenders under co's $75 million revolving credit line entered into amendment of credit agreement.Banc of California Inc - amendment extended maturity date of credit line from April 18, 2017 to July 17, 2017 .Banc of California Inc - as of April 18, 2017, company had approximately $68 million of borrowings outstanding under credit line.
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Banc Of California Inc : Banc Of California reaches cooperation agreement with legion partners asset management . Banc Of California - agreed to expand size of board by 2 members, conduct search in consultation with legion for 2 additional independent directors . Banc Of California - Legion Partners agreed to withdraw its notice of nomination, submission of a business proposal submitted to company on February 6 . Says new independent directors will be in addition to previous appointments of Richard Lashley and W. Kirk Wycoff . Banc Of California Inc - Legion Partners and its affiliates beneficially own approximately 6.6% of company's outstanding common stock . Banc Of California - says under terms of agreement, Legion Partners will vote its shares in support of any director nominated and recommended by board . Banc Of California Inc - Legion Partners has also agreed to abide by certain customary standstill provisions . Banc Of California Inc - Legion Partners also agreed to abide by certain customary standstill provisions . Banc Of California Inc - Legion Partners will not acquire greater than 10% of outstanding common stock of company . Banc Of California Inc - Legion Partners agreed, that it will not acquire greater than 10% of outstanding common stock of company . Banc Of California - agreement will be in effect for period starting from signing of agreement through first day following co's 2017 annual meeting.
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Banc Of California Inc :Banc Of California Inc - sees non-recurring expenses of $22 million in Q1'17 - SEC filing.
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