Banc of California’s shares (currently trading at $13.86) have posted a disappointing 11.6% loss while the S&P 500 was flat.

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Banc of California and PacWest Bancorp will merge in an all-stock deal to create a bank with $36 billion in assets, the companies said on Tuesday, coming together just months after the regional ...

PacWest is merging with Banc of California, the latest shakeup in the U.S. banking sector after the collapse of three banks earlier this year.. After the all-stock deal is complete, the combined ...

BANC's P/B has been as high as 1 and as low as 0.64, with a median of 0.79, over the past year. Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales.

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

The firms will carry the Banc of California name, and that firm’s chief executive, Jared Wolff, will lead management. The deal is expected to close late this year or early in 2024.

Banc of California, formerly based in Santa Ana, moved its hub to Los Angeles after the merger with PacWest. At the time, the business bank had $36.1 billion in assets under management and $25.3 ...

BANC's P/B has been as high as 1 and as low as 0.64, with a median of 0.79, over the past year. Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales.