Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 129

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 129
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 $181 $3,719 $62,059 Weighted average diluted shares outstanding153,399 477 9,791 163,667 Diluted earnings per share$0.38 $0.38 $0.38 $0.38  ________________________(1)    Represents cash dividends paid to holders of unvested restricted stock, net of forfeitures, plus undistributed earnings amounts available to holders of unvested restricted stock, if any.

63

BANC OF CALIFORNIA, INC. AND SUBSIDIARIESNotes to Condensed Consolidated Financial Statements (Unaudited)

Three Months Ended June 30, 2024Non-VotingClass BCommon VotingNon-VotingStock TotalCommonCommonEquivalentsCommon(In thousands, except per share amounts)Basic Earnings Per Share:Net earnings available to common and equivalent stockholders$19,100 $58 $1,228 $20,386 Less: Earnings allocated to unvested restricted stock (1)2 — — 2 Net earnings allocated to common and equivalent shares$19,102 $58 $1,228 $20,388 Weighted average basic shares and unvested restrictedstock outstanding158,381 477 10,147 169,005 Less: weighted average unvested restricted stock outstanding(573)— — (573)Weighted average basic shares outstanding157,808 477 10,147 168,432 Basic earnings per share$0.12 $0.12 $0.12 $0.12 Diluted Earnings Per Share:Net earnings allocated to common and equivalent shares$19,102 $58 $1,228 $20,388 Weighted average diluted shares outstanding157,808 477 10,147 168,432 Diluted earnings per share$0.12 $0.12 $0.12 $0.12  ________________________(1)    Represents cash dividends paid to holders of unvested restricted stock, net of forfeitures, plus undistributed earnings amounts available to holders of unvested restricted stock, if any.

64

BANC OF CALIFORNIA, INC. AND SUBSIDIARIESNotes to Condensed Consolidated Financial Statements (Unaudited)

Six Months Ended June 30, 2024Non-VotingClass BCommon