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About Banc of California

Banc of California (NASDAQ:BANC), through its banking subsidiaries Pacific Trust Bank and The Private Bank of California, provides banking services and home loans to businesses and families in California and the West.

Banc of California Headquarter Location

18500 Von Karman Ave Suite 1100

Irvine, California, 92612,

United States


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Latest Banc of California News


May 10, 2022

2021 ANNUAL FINANCIAL REPORT Egide Group announces the postponement of the publication of its 2021 annual financial report, originally scheduled on May 5, 2022. As announced when publishing the Group's 2021 annual results on March 30, 2022, Santier and Egide USA's bank, Banc of California, which absorbed Pacific Mercantile Bank (PMB), has communicated its decision to stop financing the credit lines of the two American entities beyond June 30, 2022, a limit that is currently being negotiated to be delayed until September 30, 2022. In this context, two cumulative financing projects are in progress at Egide USA and Santier, which are at the same stage at this time: accepted LOI, audits and documentation in progress, approvals expected by mid-June. This situation could jeopardize the continuity of the US operations, which makes the certification of the accounts by the US auditors considerably more complex, in particular because of their internal audit quality process. The 2021 annual financial report should be available in the coming days and the Egide Group will inform the market of its availability via a press release. Next Financial Information :

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