Jared M.  Wolff net worth and biography

Jared Wolff Biography and Net Worth

Jared M. Wolff is the President and Chief Executive Officer of Banc of California, Inc., and a director of the Company since March 2019. Mr. Wolff currently serves on the Risk, Credit and ALM Committees of the Board. He also serves as Chairman of the Board of Banc of California, N.A.

Mr. Wolff is a veteran banking executive with deep expertise in finance, law and risk management. Mr. Wolff joined Banc of California from City National Bank, a Los Angeles-based regional bank and wholly owned subsidiary of Royal Bank of Canada, where he served as Executive Vice President and General Counsel. At City National, he was a member of the Executive Committee and oversaw the Legal and Corporate Administrative Group, among other areas.

Immediately prior to City National, Mr. Wolff was co-managing partner of Quarter Group, LLC, a specialty real estate firm focused on the acquisition and development of urban properties in various U.S. markets.

From 2002 to 2014, Mr. Wolff was a senior executive and member of the Board of Directors of Pacific Western Bank, a leading California-based commercial bank. Pacific Western is a wholly owned subsidiary of PacWest Bancorp (NASDAQ: PACW). At Pacific Western, he served as President of the Bank and as Executive VP and General Counsel of PacWest Bancorp and as a member of its Executive Committee. As President of the commercial bank subsidiary, Mr. Wolff was responsible for overseeing the regional commercial banking teams for the community bank throughout California and establishing initiatives for the Bank as a whole. He was also a member of the Bank’s Executive Asset and Liability Management Committee as well as the Bank’s Credit Committee.

As General Counsel of the public holding company, a role he also held until April 2014, Mr. Wolff had primary responsibility for corporate governance, corporate regulatory compliance and execution of M&A activity, including PacWest’s $2.3 billion acquisition of CapitalSource (NYSE:CSE). PacWest completed over 20 acquisitions from 2000 through 2014. During his tenure, he also had oversight of internal audit, deposit gathering, regional lending, insurance procurement, and marketing, among other areas.

Mr. Wolff joined PacWest from the law firm Sullivan & Cromwell, LLP, where he spent time in both the New York and Los Angeles offices.

Involved in numerous nonprofit organizations, he currently serves or has served on the board of directors of the following organizations: the Greater Los Angeles Chamber of Commerce; JVS, a not-for-profit social services organization that provides job training, career counseling and job placement assistance throughout Los Angeles County; the Cheviot Hills Pony Baseball Association; and the Los Angeles Chapter of the Young Presidents Organization.

Mr. Wolff received his B.A. from Duke University, his M.A. in French Language and Literature from Middlebury College, and his J.D. from the University of Michigan Law School. Mr. Wolff is admitted to practice law in both California and New York.

What is Jared M. Wolff's net worth?

The estimated net worth of Jared M. Wolff is at least $3.06 million as of May 1st, 2023. Mr. Wolff owns 217,204 shares of Banc of California stock worth more than $3,062,576 as of April 25th. This net worth estimate does not reflect any other assets that Mr. Wolff may own. Additionally, Mr. Wolff receives an annual salary of $647,140.00 as CEO at Banc of California. Learn More about Jared M. Wolff's net worth.

How old is Jared M. Wolff?

Mr. Wolff is currently 54 years old. There are 4 older executives and no younger executives at Banc of California. Learn More on Jared M. Wolff's age.

What is Jared M. Wolff's salary?

As the CEO of Banc of California, Inc., Mr. Wolff earns $647,140.00 per year. Learn More on Jared M. Wolff's salary.

How do I contact Jared M. Wolff?

The corporate mailing address for Mr. Wolff and other Banc of California executives is 3 MACARTHUR PLACE, SANTA ANA CA, 92707. Banc of California can also be reached via phone at (855) 361-2262 and via email at [email protected]. Learn More on Jared M. Wolff's contact information.

Has Jared M. Wolff been buying or selling shares of Banc of California?

Jared M. Wolff has not been actively trading shares of Banc of California during the last ninety days. Most recently, on Monday, May 1st, Jared M. Wolff bought 6,769 shares of Banc of California stock. The stock was acquired at an average cost of $11.10 per share, with a total value of $75,135.90. Following the completion of the transaction, the chief executive officer now directly owns 217,204 shares of the company's stock, valued at $2,410,964.40. Learn More on Jared M. Wolff's trading history.

Who are Banc of California's active insiders?

Banc of California's insider roster includes James Barker (Director), and Jared Wolff (CEO). Learn More on Banc of California's active insiders.

Are insiders buying or selling shares of Banc of California?

In the last twelve months, Banc of California insiders bought shares 6 times. They purchased a total of 47,469 shares worth more than $663,382.90. In the last twelve months, insiders at the bank sold shares 2 times. They sold a total of 210,000 shares worth more than $2,683,700.00. The most recent insider tranaction occured on February, 29th when Director Richard J Lashley bought 10,000 shares worth more than $214,000.00. Insiders at Banc of California own 7.4% of the company. Learn More about insider trades at Banc of California.

Information on this page was last updated on 2/29/2024.

Jared M. Wolff Insider Trading History at Banc of California

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/1/2023Buy6,769$11.10$75,135.90217,204View SEC Filing Icon  
1/27/2022Buy5,015$19.70$98,795.50View SEC Filing Icon  
4/27/2021Buy5,600$17.75$99,400.00208,275View SEC Filing Icon  
10/29/2020Buy10,000$11.50$115,000.00168,475View SEC Filing Icon  
12/3/2019Buy16,500$15.18$250,470.00152,872View SEC Filing Icon  
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Jared M. Wolff Buying and Selling Activity at Banc of California

This chart shows Jared M Wolff's buying and selling at Banc of California by year and by quarter.

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Banc of California Company Overview

Banc of California logo
Banc of California, Inc. operates as the bank holding company for Banc of California that provides various banking products and services in California. The company offers deposit products, such as checking, savings, money market, demand, and time deposits; certificates of deposit; retirement accounts; and safe deposit boxes. It also provides real estate loans to professional developers and real estate investors for the acquisition, construction, refinancing, renovation, and on-going operation of commercial real estate properties; commercial real estate mortgage, residential real estate mortgage, and real estate construction and land loans; commercial loans and leases, such as equipment finance, other asset-based, venture capital, secured business, warehouse, and other lending services; small business administration loans; and consumer loans comprising personal, auto, and other loans, as well as home equity and revolving lines of credit. In addition, the company offers international banking, multi-state deposit, and asset and investment management services, as well as cash and treasury management services; and online, mobile, remote deposit, and telephone banking services. It serves small and middle-market businesses, venture capital firms, non-profit organizations, business owners, entrepreneurs, professionals, and high-net worth individuals. Banc of California, Inc. was founded in 1941 and is headquartered in Los Angeles, California.
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Today's Range

Now: $14.09
Low: $13.66
High: $14.12

50 Day Range

MA: $14.50
Low: $13.80
High: $15.21

2 Week Range

Now: $14.09
Low: $9.72
High: $16.08

Volume

3,181,820 shs

Average Volume

2,485,818 shs

Market Capitalization

$2.22 billion

P/E Ratio

N/A

Dividend Yield

2.87%

Beta

1.15