NYSE:BANCBanks
Does Banc of California's (BANC) Steady Dividend Reveal True Priorities in Capital Allocation?
Banc of California, Inc. recently declared a quarterly cash dividend of US$0.10 per common share and a US$0.4845 dividend per depositary share for its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F, with record dates in August and September 2025.
This dividend affirmation follows the release of the company's second quarter 2025 results, which highlighted increased loans held for sale and expanded product offerings, as well as its addition to multiple Russell...