BANC

#1703
Banc of California, Inc. Common Stock
18.8 1 USD
0.00%
Market Price
Sektor: Finanzen
Basis: USD
Gewinnwährung: USD
Tagesspanne
18.79
18.89
Jahresspanne
15.33
21.93
Tagesänderung
-0.32%
Monatliche Änderung
-2.74%
6 month change
+3.07%
Jahresänderung
+12.57%
Vorheriger Schlusskurs
18.8 7
Open
18.8 0
Tief
18.7 9
Hoch
18.8 9
Volumen
287
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Financials

Übersicht Finanzbericht Statistik Dividenden Documents

2026

Current report, Q3 FY2026
BANC OF CALIFORNIA, INC. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
BANC OF CALIFORNIA, INC. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
BANC OF CALIFORNIA, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
BANC OF CALIFORNIA, INC. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
BANC OF CALIFORNIA, INC. quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
BANC OF CALIFORNIA, INC. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
BANC OF CALIFORNIA, INC. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
BANC OF CALIFORNIA, INC. current report, Q1 FY2026
8-K

2025

Annual report, FY2025
BANC OF CALIFORNIA, INC. annual report, FY2025
10-K
Current report, Q4 FY2025
BANC OF CALIFORNIA, INC. current report, Q4 FY2025
8-K

BANC OF CALIFORNIA, INC. current report, Q3 FY2022

Full document

Business Context and Reporting Period

Company: BANC OF CALIFORNIA, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: September 15, 2022
Event: Acquisition of payments platform and technology assets.

Key Financial Metrics

This filing reports a specific transaction rather than periodic financial results. The following metrics are disclosed:

  • Transaction Value: $24 million total consideration.
  • Payment Structure: Combination of cash and stock.
  • Target: Global Payroll Gateway, Inc. and its wholly-owned subsidiary, Deepstack Technologies, LLC (collectively "Deepstack").

Note: The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity for the reporting period.

Material Changes

The primary material change is the strategic acquisition of Deepstack, a software-led and e-commerce payments platform. This transaction expands the Company's capabilities in:

  • Merchant processing and payments acceptance.
  • Disbursements, tokenization, and virtual accounts.
  • Fraud protection, chargeback management, and reconciliation services.

Outlook, Commentary, and Risks

Management Commentary: The Company characterizes Deepstack as a "differentiated" platform with a team located in Southern California and headquarters in Jupiter, Florida. The acquisition is intended to enhance the Bank's payment solutions.

Investor Communication: A conference call was scheduled for September 16, 2022, to discuss the transaction details.

Risks and Contingencies: The filing text does not explicitly list specific risks or contingencies associated with this transaction beyond standard acquisition integration implications.

Key Facts for Investor Verification

  • Verify the exact split between cash and stock components of the $24 million purchase price.
  • Review the attached press release (Exhibit 99.1) and presentation materials (Exhibit 99.2) for detailed strategic rationale.
  • Monitor future filings for the impact of this acquisition on the Company's balance sheet and goodwill.
  • Confirm the integration timeline and expected synergies from the Deepstack technology platform.