Banc of California Announces Quarterly Dividends and $45 Million Stock Repurchase Program
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
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Source: Business Wire
SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC)(the “Company”), the holding company parent of Banc of California, N.A., today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share on its outstanding common stock. The dividend will be payable on April 1, 2020 to stockholders of record as of March 16, 2020. The Company also announced that its Board of Directors has authorized the repurchase of up to $45 million of the Company’s common stock.“As we continue to enhance our franchise and improve the earnings power of the Company for the long term, we remain committed to a thoughtful capital allocation strategy of optimizing our balance sheet and returning value to our shareholders,” said Jared Wolff, President and Chief Executive Officer of the Company. “Our Board of Directors’ decision to authorize this share buyback program reflects our continued confidence in the financial strength of the Company, our business and o
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BANC
News
- Marketing Maven Founder and CEO, Lindsey Carnett, Named a Finalist for the Los Angeles Times' B2B Publishing 2024 Inspirational Women Forum & Leadership AwardPR Web
- Banc of California (NYSE:BANC) Is Due To Pay A Dividend Of $0.10 [Yahoo! Finance]Yahoo! Finance
- Banc of California, Inc. Announces Quarterly DividendsBusiness Wire
- Banc of California, Inc. (NYSE: BANC) was upgraded by analysts at Barclays PLC from an "equal weight" rating to an "overweight" rating. They now have a $18.00 price target on the stock, up previously from $17.00.MarketBeat
- Banc of California, Inc. (NYSE: BANC) had its price target raised by analysts at Stephens from $15.00 to $16.00. They now have an "equal weight" rating on the stock.MarketBeat
BANC
Earnings
- 10/22/24 - Beat
BANC
Sec Filings
- 11/14/24 - Form SC
- 11/8/24 - Form 10-Q
- 10/22/24 - Form 8-K
- BANC's page on the SEC website