Banc of California, Inc. is a Los Angeles-based bank serving small to medium-sized businesses and venture-backed companies in California. It offers a wide range of banking services, including checking and savings accounts, commercial and consumer loans, and investment management. The bank also provides specialized services like equipment finance, real estate mortgages, and treasury management. Founded in 1941, Banc of California aims to support the financial needs of businesses and individuals across the state with its comprehensive banking solutions.
A 66-year-old with $1.3 million can’t afford a dividend cut. The hunt for yield often pushes retirees into mega-caps, but I think the real income value sits in mid-caps whose GAAP earnings…
