Banc of California Inc Stock News

In a significant development in the banking sector, Banc of California (NYSE:BANC) and PacWest Bancorp have announced their intention to merge, forming a new entity with assets totalling $36 billion.

PacWest (PACW) and Banc of California (BANC) announce an all-stock merger deal.

The Federal Reserve is expected to hike interest rates to their highest levels in 22 years and Microsoft shares fell after its forward guidance didn't meet analyst expectations. Here's what investors

Banc of California and PacWest Bancorp shares surged after announcing an all-stock merger. The new bank will have $36 billion in assets and $30.5 billion in total deposits.

Although the revenue and EPS for Banc of California (BANC) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wa

Stocks rose on Tuesday. Regional bank stocks climbed as PacWest and Banc of California announced merger plans.

Banc of California and PacWest Bancorp will merge in an all-stock deal to create a bank with $36 billion in assets and The lenders also raised $400 million in equity from investors.

Banc of California will purchase the embattled PacWest, which was on somewhat precarious footing following the banking scare in March.

PacWest Bancorp is merging with smaller rival Banc of California as it seeks to navigate a bout of upheaval that brought down a handful of its peers. Bloomberg's Sally Bakewell reports.

PacWest Bancorp is set to merge with Banc of California in a $400 million equity deal, according to a joint announcement the banks released Tuesday afternoon, ahead of their second-quarter earnings re

CNBC's Leslie Picker joins 'Closing Bell Overtime' with breaking news on the Banc of California, PacWest merger.

Yahoo Finance anchor Jared Blikre breaks down reports of a possible merger between Banc of California and PacWest. Apollo Global Management is the parent company of Yahoo Finance.

CNBC's Leslie Picker joins 'Power Lunch' to discuss a WSJ report that Banc of California is in talks to buy PacWest.

Banc of California is in advanced talks to buy PacWest Bancorp , the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Banc of California Inc. BANC, +8.63% shares rose as PacWest Bancorp.'s PACW, -27.23% fell Tuesday following a report that the former was in talks to buy the latter.