Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 130

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 130
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 VotingNon-VotingStock TotalCommonCommonEquivalentsCommon(In thousands, except per share amounts)Basic Earnings Per Share:Net earnings available to common and equivalent stockholders$38,622 $117 $2,552 $41,291 Less: Earnings allocated to unvested restricted stock (1)(51)— — (51)Net earnings allocated to common and equivalent shares$38,571 $117 $2,552 $41,240 Weighted average basic shares and unvested restrictedstock outstanding158,110 477 10,402 168,989 Less: weighted average unvested restricted stock outstanding(702)— — (702)Weighted average basic shares outstanding157,408 477 10,402 168,287 Basic earnings per share$0.25 $0.25 $0.25 $0.25 Diluted Earnings Per Share:Net earnings allocated to common and equivalent shares$38,571 $117 $2,552 $41,240 Weighted average diluted shares outstanding157,408 477 10,402 168,287 Diluted earnings per share$0.25 $0.25 $0.25 $0.25 ________________________(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.The following table presents the weighted average outstanding restricted shares and warrants that were not included in the computation of diluted earnings per share because their effect would be anti-dilutive for the periods indicated: Three Months EndedSix Months EndedJune 30,June 30,2025202420252024(In thousands)Restricted stock awards and units (1)150 573 176 702 Warrants18,902 18,902 18,902 18,902 

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

NOTE 14.  REVENUE FROM CONTRACTS WITH CUSTOMERS

Disaggregation of Revenue  The following table presents interest income and noninterest income, the components of total revenue, as disclosed in the condensed consolidated statements of earnings and the related amounts which are from contracts with customers within the scope of ASC Topic 606, "Revenue from Contracts with Customers