BANC

Banc of California, Inc. (NYSE:BANC) is a regional bank holding company founded in 1941 and headquartered in Santa Ana, California. Originally known as First PacTrust Bancorp, the company changed its name to Banc of California in July 2013. The bank operates primarily in Southern California through its subsidiary, Banc of California, National Association. Over the past few years, the company has undergone significant strategic transformation, including a major balance sheet repositioning and the acquisition of assets from PacWest Bank, which substantially increased its size and market presence in the California banking sector.