Banc of California

[11] Jared Wolff took over as President and CEO of Banc of California in March 2019, succeeding Doug Bowers.

[13] Banc of California announced the acquisition of Pacific Mercantile Bank in March 2021 in a transaction valued at $235 million.

[16] In 2016, the Banc of California announced a partnership with Los Angeles FC, a Major League Soccer franchise, and a 15-year, $100 million deal with the club for the naming rights to their stadium Banc of California Stadium in Los Angeles, which opened in 2018.

[17] The company paid $20 million for early termination of the naming rights deal in 2020, citing a shift in focus.

[19] Banc of California remains LAFC’s primary banking partner and continues to collaborate with the franchise on various initiatives.