Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 130

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 130
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 Conversion of NVCE to Voting Common9,557 — — — Shares used in computation of diluted earnings per share161,516 477 9,557 161,993 Diluted earnings per share$0.75 $0.75 $0.75 $0.75  ________________________(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.

65

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

Three Months Ended September 30, 2024Non-VotingClass BCommon VotingNon-VotingStock TotalCommonCommonEquivalentsCommon(In thousands, except per share amounts)Basic Loss Per Share:Net loss available to common and equivalent stockholders$(1,092)$(3)$(68)$(1,163)Less: Earnings allocated to unvested restricted stock (1)59 — — 59 Net loss allocated to common and equivalent shares$(1,033)$(3)$(68)$(1,104)Weighted average basic shares and unvested restrictedstock outstanding158,503 477 9,903 168,883 Less: weighted average unvested restricted stock outstanding(300)— — (300)Weighted average basic shares outstanding158,203 477 9,903 168,583 Basic loss per share$(0.01)$(0.01)$(0.01)$(0.01)Diluted Loss Per Share:Net loss allocated to common and equivalent shares$(1,033)$(3)$(68)$(1,104)Weighted average diluted shares outstanding158,203 477 9,903 168,583 Diluted loss per share$(0.01)$(0.01)$(0.01)$(0.01) ________________________(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.

66

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

Nine Months Ended September 30, 2024Non-VotingClass BCommon Voting