About Banc of California
Banc of California is a company based in Irvine (United States) founded in 1941.. The company has 685 employees as of December 31, 2022. Banc of California has completed 4 acquisitions, including DeepStack, Global Payroll Gateway and Pacific Mercantile Bank. Banc of California offers products and services including Online Banking, Business Loans, and Personal Checking. Banc of California operates in a competitive market with competitors including Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.
- Headquarter Irvine, United States
- Employees 685 as on 31 Dec, 2022
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Banc Of California, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$20 M (USD), Post-IPO
Dec 18, 2013
- Investors
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Employee Count
685
as on Dec 31, 2022
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Investments & Acquisitions
DeepStack
& 3 more
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IPO & Listings of Banc of California
Banc of California is a publicly listed company on the NYSE with ticker symbol BANC in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Banc of California
Banc of California offers a comprehensive portfolio of products and services, including Online Banking, Business Loans, and Personal Checking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing accounts and transactions securely online
Financing options for businesses to support growth and operations
Basic checking accounts with online access for individual clients
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Leadership Team
140 people
Software Development Team
67 people
Finance and Accounting
18 people
Legal and Compliance
16 people
Senior Team
9 people
Human Resources and Administration
6 people
Sales and Marketing
5 people
Operations Team
4 people
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Funding Insights of Banc of California
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $20.0M
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First Round
First Round
(01 Dec 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2013 | Amount | Post-IPO - Banc of California | Valuation |
investors |
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| Dec, 2012 | Amount | Debt – Conventional - Banc of California | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Banc of California
Banc of California has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Patriot Financial Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are targeted at US companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Banc of California
Banc of California has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include DeepStack, Global Payroll Gateway and Pacific Mercantile Bank. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Gambling consulting services are provided by DeepStack to industry clients.
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2017 | ||||
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Payment gateway, merchant processing, fraud prevention, payout, and chargeback solution for businesses
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2010 | ||||
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API-enabled payment orchestration is provided for business transactions.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Banc of California
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Banc Of California Comparisons
Competitors of Banc of California
Banc of California operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking and wealth management services are offered globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Banc Of California
Frequently Asked Questions about Banc of California
When was Banc of California founded?
Banc of California was founded in 1941 and raised its 1st funding round 71 years after it was founded.
Where is Banc of California located?
Banc of California is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
How many employees does Banc of California have?
As of Dec 31, 2022, the latest employee count at Banc of California is 685.
What does Banc of California do?
Banc of California was established in 1941 and is based in Irvine, United States. Operations are centered on commercial banking within the financial sector, where deposit accounts, loans, and treasury management services are extended to business clients. Geographic focus is maintained on California, supporting regional economic activities through standard banking practices and compliance with federal regulations.
Who are the top competitors of Banc of California?
What products or services does Banc of California offer?
Banc of California offers Online Banking, Business Loans, and Personal Checking.
Is Banc of California publicly traded?
Yes, Banc of California is publicly traded on NYSE under the ticker symbol BANC.
How many acquisitions has Banc of California made?
Banc of California has made 4 acquisitions, including DeepStack, Global Payroll Gateway, and Pacific Mercantile Bank.
Who are Banc of California's investors?
Banc of California has 1 investor. Key investors include Patriot Financial Partners.
What is Banc of California's ticker symbol?
The ticker symbol of Banc of California is BANC on NYSE.