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In March 1999, the bank opened its first branch. [1] In September 2003, the bank opened a branch in La Habra, California. [2] In 2000, the company became a public company via an initial public offering. [3] In October 2004, the bank opened a branch in Long Beach, California. [4] [5] In 2005, the company exited the wholesale mortgage business. [6]
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Since 2014, the bank has been the official bank of the USC Trojans, the athletic program of the University of Southern California. [16]In 2016, the Banc of California announced a partnership with Los Angeles FC, a Major League Soccer franchise, and a 15-year, $100 million deal with the club for the naming rights to their stadium Banc of California Stadium in Los Angeles, which opened in 2018.
Security Pacific Corp. Rainier National Bank Security Pacific Corp. (banks in Pacific NW continued to operate as Rainier) Bank of America: 1987 Sovran Financial Corp. Commerce Union Bank Sovran Financial Corp. Bank of America: 1987 NBD Bancorp: State National Corporation: NBD Bancorp: $103 million JPMorgan Chase: 1987 U.S. Bancorp
Improving credit quality as a result of post-GFC recovery has led to a strong environment for growth in the banking sector. Economic growth impacts the stability of salaries and interestRead More...
Pacific Mercantile (PMBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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