Banc of California Increases Dividend 20% to $0.12 Per Share, Declares Quarterly Preferred Stock Dividend

Banc of California's Board of Directors declared a 20% increase in quarterly common stock dividend to $0.12 per share, payable April 1, 2026. The dividend reflects the company's strong financial performance and confidence in its earnings outlook. The Board also declared a quarterly cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F, payable March 2, 2026.