Banc of California Inc’s recent filing unveils that its Director WARBURG PINCUS LLC unloaded Company’s shares for reported $73.71 million on Sep 05 ’25. In the deal valued at $16.38 per share,4,500,000 shares were sold. As a result of this transaction, WARBURG PINCUS LLC now holds 4,297,470 shares worth roughly $76.54 million.
Then, WARBURG PINCUS LLC sold 1,150,000 shares, generating $18,837,000 in total proceeds. Upon selling the shares at $16.38, the Director now owns 3,147,470 shares.
Before that, WARBURG PINCUS LLC sold 4,500,000 shares. Banc of California Inc shares valued at $73,710,000 were divested by the Director at a price of $16.38 per share. As a result of the transaction, WARBURG PINCUS LLC now holds 4,297,470 shares, worth roughly $76.54 million.
JP Morgan upgraded its Banc of California Inc [BANC] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in late May with a ‘”a Buy”‘ rating. JP Morgan began covering BANC with “Neutral” recommendation on February 07, 2025. Wells Fargo revised its rating on January 06, 2025. It rated BANC as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of BANC
On Monday, Banc of California Inc [NYSE:BANC] saw its stock jump 4.15% to $17.81. Over the last five days, the stock has gained 6.84%. Banc of California Inc shares have risen nearly 28.22% since the year began. Nevertheless, the stocks have risen 15.20% over the past one year. While a 52-week high of $18.08 was reached on 10/06/25, a 52-week low of $11.52 was recorded on 04/09/25.
Levels Of Support And Resistance For BANC Stock
The 24-hour chart illustrates a support level at 17.38, which if violated will result in even more drops to 16.95. On the upside, there is a resistance level at 18.05. A further resistance level may holdings at 18.29.
How much short interest is there in Banc of California Inc?
A steep rise in short interest was recorded in Banc of California Inc stocks on 2025-09-15, dropping by -0.13 million shares to a total of 10.9 million shares. Yahoo Finance data shows the prior-month short interest on 2025-08-15 was 11.03 million shares. There was a decline of -1.17%, which implies that there is a negative sentiment for the stock.
