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Banc Of California, Inc.

Complete additional asset sales

Delivered by the deadline

AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.

Announced
1 Dec 2023
Due
31 Mar 2024
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“additional asset sales expected to be completed through the end of the first quarter of 2024”

What we found

Evidence strength A What the grades mean

The company reported that it sold $6.1 billion in assets between July 2023 and the end of 2024, confirming that the asset sales were completed within the expected timeframe.

  • A
    Banc Of California, Inc. 10-K filed 2025-03-03 Regulatory filing · published 3 Mar 2025 · retrieved 1 Oct 2026 · kept permanently by the SEC · fingerprint 683a5e56ec77
    “From the announcement of the Merger on July 25, 2023, through the end of 2024, the combined company, legacy PacWest Bancorp and legacy Banc of California, Inc., sold assets totaling $6.1 billion” ✓ confirmed on the page

Market reaction: the shares moved -3.0% against the S&P 500 over the three sessions around the disclosure (28 Feb 2025 to 5 Mar 2025). What this measures

Checked 1 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Transaction other
Indicative materiality
Medium rules
Action
Complete
Deliverable
additional asset sales
Language
Expected (“expects”, “plans”)
In the company’s control
Medium
Specificity
Medium
Depends on
Counterparty

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: disagreesClaude (Anthropic) re-read the evidence blind and read it as “no_evidence”.
  4. Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the second check.

Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works

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Report an error in this entry Reference: KI-C-2023-BANC-002360 · Corrections policy

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