 Banc of California, Inc. NYSE: BANC today reported net loss available to common stockholders for the second quarter of 2020 of 21.9 million, or diluted loss per common share of 0.44. Financial results for the second quarter of 2020 included a one-time pre-tax charge of 26.8 million related to the termination of the Companys multi-year naming rights agreements, entered into in 2017 with the Los Angeles Football Club LAFC. The buyout of the agreement and restructuring of the relationship will result in estimated pre-tax cost savings of approximately 89 million over the next 12.5 years, or approximately 7 million per year. 