Acquisition BenefitsThe acquisition of PacWest Bancorp has added several specialty businesses to Banc of California's offerings, enhancing its growth profile.
Balance Sheet OptimizationBANC is making solid progress on optimizing its balance sheet by paying down higher-cost funding and allocating capital to higher return businesses.
Market ExpansionBanc of California has an opportunity to grow its franchise significantly with its presence in Los Angeles County, which has $500B of deposits, presenting a substantial market potential.