Banc of California Inc’s filing revealed 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 $70.82 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 $70.82 million.
Raymond James upgraded its Banc of California Inc [BANC] rating to a Strong buy from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early October from “a Neutral” to “an Overweight”. Jefferies began covering BANC with “Buy” recommendation on May 21, 2025. JP Morgan started covering the stock on February 07, 2025. It rated BANC as “a Neutral”.
Price Performance Review of BANC
On Friday, Banc of California Inc [NYSE:BANC] saw its stock fall -6.36% to $16.48. Over the last five days, the stock has lost -3.63%. Banc of California Inc shares have risen nearly 19.25% since the year began. Nevertheless, the stocks have risen 6.60% over the past one year.
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 2025-09-30, growing by 1.63 million shares to a total of 11.38 million shares. Yahoo Finance data shows the prior-month short interest on 2025-08-29 was 9.75 million shares. There was a rise of 14.35%, which implies that there is a positive sentiment for the stock.
