Finance

Banc of California, Inc. (BANC) Q3 2024 Earnings Call Transcript

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Banc of California, Inc. (NYSE:BANC) Q3 2024 Earnings Conference Call October 22, 2024 1:00 PM ET

Company Participants

Ann DeVries – Head, IR
Jared Wolff – President and CEO
Joe Kauder – CFO

Conference Call Participants

Matthew Clark – Piper Sandler
David Feaster – Raymond James
Jared Shaw – Barclays
Andrew Terrell – Stephens
Gary Tenner – D.A. Davidson
Ben Gerlinger – Citi
Timur Braziler – Wells Fargo
Tim Coffey – Janney
Chris McGratty – KBW

Operator

Good day and welcome to the Banc of California’s Third Quarter Earnings Conference Call. All participants will be listen-only mode. [Operator Instructions] Please note this event is being recorded.

I would like now to turn the conference over to Ann DeVries, Head of Investor Relations at Banc of California. Please go ahead.

Ann DeVries

Good morning and thank you for joining Banc of California’s third quarter earnings call. Today’s call is being recorded and a copy of the recording will be available later today on our Investor Relations’ website.

Today’s presentation will also include non-GAAP measures. The reconciliations for these measures and additional required information is available in the earnings press release and earnings presentation, which are available on our Investor Relations’ website.

Before we begin, we would like to remind everyone that today’s call may include forward-looking statements, which are subject to risks, uncertainties, and other factors outside of our control and actual results may differ materially.

For a discussion of some of the risks that could affect our results, please see our Safe Harbor statement on forward-looking statements included in both the earnings release and the earnings presentation as well as the risk factors section of our most recent 10-K.

Joining me on today’s call are Jared Wolff, President and Chief Executive Officer; and Joe Kauder, Chief Financial Officer. After our prepared remarks, we will be



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