Banc of California Inc
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Financials : Banks | Small Cap Value
Company profile

Banc of California, Inc. is a financial holding company. The Company is the parent of Banc of California, National Association (the Bank). The Company operates through Commercial Banking; Mortgage Banking, and Corporate/Other segments. As of December 31, 2016, the Bank had 90 California banking locations, including 39 full service branches in San Diego, Orange, Santa Barbara, and Los Angeles Counties. The Bank offers automated bill payment, cash and treasury management, master demand accounts, foreign exchange, interest rate swaps, trust services, card payment services, remote and mobile deposit capture, automatic clearing house (ACH) origination, wire transfer, direct deposit, and safe deposit boxes. Bank customers also have the ability to access their accounts through a nationwide network of automated teller machines (ATMs), online, telephone and mobile banking. The Bank's lending activities are focused on providing financing to private businesses, entrepreneurs and homeowners.

Closing Price
$11.74
Day's Change
0.32 (2.80%)
Bid
--
Ask
--
B/A Size
--
Day's High
12.61
Day's Low
11.42
Volume
(Heavy Day)
Volume:
241,690

10-day average volume:
136,056
241,690

UPDATE: Ford CEO Jim Hackett to retire, to be succeeded by COO Jim Farley

10:16 am ET August 4, 2020 (MarketWatch)
Print

Ford Motor Co. (F) said Tuesday that Chief Executive Jim Hackett, 65, will retire, after about three years in the role. The stock rallied 3.1% in premarket trading. Chief Operating Officer Jim Farley, 58, will become CEO effective Oct. 1. Farley joined Ford in November 2007 from Toyota. Hackett will remain as "special advisor" through March 2021. Ford's stock has dropped 28.1% year to date through Monday, while shares of rival General Motors Co. (GM) has shed 30.0% and the S&P 500 has gained 2.0%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 04, 2020 10:16 ET (14:16 GMT)

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