# Banc of California

> Banc of California is a Los Angeles-based public bank holding company whose bank serves small, middle-market and venture-backed businesses with lending, deposits, treasury management and payments. Its November 2023 PacWest merger and $400 million equity raise reshaped the franchise; specialist operations include SmartStreet community association banking and BancEdge payment processing.

- **Founded:** 1941
- **Headquarters:** Los Angeles, United States
- **Products:** Business banking and commercial lending, Commercial real estate banking, Global Treasury Management, SmartStreet, BancEdge
- **Notable:** Completed the PacWest merger on November 30, 2023 alongside a $400 million equity raise., Reported $6.1 billion in completed asset sales and $8.6 billion in high-cost funding paydowns in the Q4 2023 release., Announced a three-year $4.1 billion community benefit plan in 2023; this is a commitment, not completed spending.

## Products & services

- **Business banking and commercial lending** — Business deposits, working-capital credit, asset-based lending, equipment finance and small business lending.
- **Commercial real estate banking** — Commercial property, construction, multifamily and affordable housing financing.
- **Global Treasury Management** — Payables, receivables, liquidity, international banking, reporting and fraud prevention.
- **SmartStreet** — Community association banking, assessment payments, account visibility and management software integration.
- **BancEdge** — Merchant payment processing for in-person, online and mobile transactions.
- **Venture banking** — Banking for technology and life-sciences businesses and fund finance for venture capital and private equity funds.
- **Personal banking** — Checking, savings, cards and online and mobile banking.
- **Private Banking** — Dedicated bankers, deposits, tailored lending and treasury services for high-net-worth individuals and families, working with outside wealth advisers.

## Achievements

- Completed the PacWest merger on November 30, 2023 alongside a $400 million equity raise.
- Reported $6.1 billion in completed asset sales and $8.6 billion in high-cost funding paydowns in the Q4 2023 release.
- Announced a three-year $4.1 billion community benefit plan in 2023; this is a commitment, not completed spending.
- Launched Private Banking on October 20, 2026.

## Latest updates

- **2026-07** — Q2 release described a $2.3 billion securities repositioning, initiation of an $827 million selected loan sale process and retirement of $385 million in subordinated debt. Reported net loss available to common and equivalent stockholders was $251.3 million.
- **2026-10** — Launched Private Banking on October 20 for high-net-worth individuals, family offices, business owners and executives.
- **2026-10** — Third-quarter earnings call scheduled for October 28, after this profile’s October 22 research cutoff.

## Links

- Website: https://bancofcal.com
- LinkedIn: https://www.linkedin.com/company/banc-of-california/
- Twitter/X: https://twitter.com/bancofcal
- Instagram: https://www.instagram.com/bancofcal/
- Facebook: https://www.facebook.com/BancOfCalifornia

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Profile page: https://yespress.io/banc-of-california
Published by YesPress — https://yespress.io
Last updated: 2026-10-22