BANC

#1725
Banc of California, Inc. Common Stock
18.7 7 USD
-0.01%
Market Price
Sektor: Finanzen
Basis: USD
Gewinnwährung: USD
Tagesspanne
18.74
18.83
Jahresspanne
15.33
21.93
Tagesänderung
-0.53%
Monatliche Änderung
-4.04%
6 month change
+4.34%
Jahresänderung
+10.54%
Vorheriger Schlusskurs
18.8 7
Open
18.8 0
Tief
18.7 4
Hoch
18.8 3
Volumen
775
Vollständige Grafik anzeigen

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, Q4 FY2021

Full document

Business Context and Reporting Period

This Form 8-K Current Report was filed by Banc of California, Inc. on October 8, 2021, regarding events occurring on September 27, 2021. The filing addresses the resolution of a previously disclosed stockholder derivative action titled In re Banc of California, Inc. Stockholder Derivative Litigation.

Key Financial Metrics

This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on legal and governance matters.

Material Changes

The primary material event is the entry into an Amended Corrected Stipulation and Agreement of Settlement to resolve the stockholder derivative litigation. Key details include:

  • Settlement Terms: The settlement requires only governance changes by the Company.
  • Monetary Component: There is no monetary payment to the Company or stockholders. The only potential monetary cost is an award of attorneys' fees, which will be paid by the defendants' insurance carriers.
  • Court Action: The United States District Court for the Central District of California issued a Preliminary Order granting preliminary approval of the settlement.

Outlook, Risks, and Management Commentary

Next Steps and Timeline:

  • Final Approval Hearing: Scheduled for December 17, 2021, at 10:00 a.m.
  • Objection Deadline: Stockholders must submit objections by November 19, 2021.
  • Notice Publication: A summary of the Notice of Pendency and Proposed Settlement will be published in the national edition of Investor's Business Daily and on the Company's website.

Risks and Contingencies: The filing notes that the settlement is subject to final court approval. If approved, the litigation will be resolved without financial impact to the Company's balance sheet, aside from the governance changes mandated by the agreement.

Investor Verification Checklist

  • Verify the specific governance changes required by the Stipulation of Settlement (Exhibit 99.1).
  • Monitor the status of the final approval hearing scheduled for December 17, 2021.
  • Review the Notice of Pendency (Exhibit 99.2) for details on the background of the claims and the procedure for stockholder objections.
  • Confirm that no monetary damages are being paid by the Company, as fees are covered by defendants' insurance.