Pacwest stock

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Pacwest stock

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Pacwest stock

The combined bank will operate under the Banc of California name and brand. We look forward to sharing our expanded capabilities with clients and all the communities we serve. California has experienced a void of business banks that we intend to fill, and we look forward to helping our clients grow and delivering for our clients, communities and shareholders. In connection with the merger, Banc of California, N. As of the merger closing date, Banc of California, N. The combined bank is headquartered in Los Angeles and operates more than 70 branches in California, as well as branches in North Carolina and Colorado. The combined bank has more than 2, team members focused on serving small- to medium-sized businesses through tailored solutions and industry-leading treasury management services.

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Under the terms of the agreement, which was unanimously approved by the boards of directors of both companies, PacWest will merge into Banc of California, and Banc of California, N.

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