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Wells Fargo Downgrades First Pactrust Bancorp (BANC) to Market Perform

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Banc of California (BANC) Announces Delay in 10-Q Filing for Q316; Receives Listing Notification

November 16, 2016 5:12 PM EST

Banc of California, Inc. (NYSE: BANC) announced that its Board of Directors has declared quarterly preferred stock dividends, has adopted a bylaw amendment to extend the time period for proposals for the Company's 2017 annual meeting and that the Company has delayed the filing of its third quarter 2016 10-Q.

Quarterly Preferred Stock Dividend. The Company announced that its Board of Directors declared a dividend of $0.50 per depository share on the Company's 8.00% Series C Non-Cumulative Perpetual Preferred Stock. The dividend will be payable on December 15, 2016 to holders of record as of December 1, 2016. The... More