Banc of California Target of Unusually High Options Trading (NYSE:BANC)

Posted by Geri Gentry on Sep 9th, 2026

Banc of California, Inc. (NYSE:BANC – Get Free Report) saw some unusual options trading on Wednesday. Stock investors bought 2,803 call options on the stock. This is an increase of 217% compared to the average volume of 885 call options.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on BANC shares. Brean Capital lowered shares of Banc of California from a “buy” rating to a “neutral” rating in a report on Thursday, July 30th. Barclays decreased their price objective on shares of Banc of California from $23.00 to $22.00 and set an “overweight” rating for the company in a research report on Monday, August 3rd. Wall Street Zen lowered shares of Banc of California from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Citigroup cut their target price on Banc of California from $23.50 to $22.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. upped their price target on shares of Banc of California from $22.00 to $24.00 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $22.62.

Get Our Latest Report on BANC

Insider Activity

In other Banc of California news, insider Olivia Lindsay sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $19.50, for a total transaction of $117,000.00. Following the completion of the sale, the insider directly owned 32,842 shares in the company, valued at approximately $640,419. The trade was a 15.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.78% of the stock is currently owned by company insiders.

Institutional Trading of Banc of California

A number of institutional investors and hedge funds have recently modified their holdings of BANC. BlackRock Inc. bought a new position in shares of Banc of California during the second quarter valued at approximately $462,252,000. UBS Group AG grew its stake in shares of Banc of California by 28.4% in the fourth quarter. UBS Group AG now owns 598,427 shares of the bank’s stock worth $11,544,000 after purchasing an additional 132,328 shares in the last quarter. William Blair Investment Management LLC raised its position in shares of Banc of California by 8.8% during the 4th quarter. William Blair Investment Management LLC now owns 2,317,363 shares of the bank’s stock worth $44,702,000 after buying an additional 187,999 shares in the last quarter. Bridgeway Capital Management LLC raised its holdings in Banc of California by 11.8% during the fourth quarter. Bridgeway Capital Management LLC now owns 915,325 shares of the bank’s stock worth $17,657,000 after purchasing an additional 96,372 shares in the last quarter. Finally, LSV Asset Management acquired a new position in shares of Banc of California during the 4th quarter valued at $3,740,000. 86.88% of the stock is owned by institutional investors and hedge funds.

Banc of California Trading Down 0.3%

Shares of NYSE BANC traded down $0.07 on Wednesday, reaching $18.55. 187,306 shares of the company traded hands, compared to its average volume of 2,910,760. The stock has a market capitalization of $2.94 billion, a PE ratio of -44.22 and a beta of 0.73. Banc of California has a fifty-two week low of $15.33 and a fifty-two week high of $21.93. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 0.20. The company has a 50 day moving average of $19.72 and a 200 day moving average of $19.03.

Banc of California (NYSE:BANC – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The bank reported ($1.61) EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($2.01). Banc of California had a positive return on equity of 7.98% and a negative net margin of 1.44%.The company had revenue of $16.41 million for the quarter, compared to analyst estimates of $295.32 million. During the same quarter in the prior year, the firm earned $0.31 EPS. The company’s revenue for the quarter was down 94.0% compared to the same quarter last year. On average, equities research analysts forecast that Banc of California will post 1.68 earnings per share for the current fiscal year.

Banc of California Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 15th. Banc of California’s payout ratio is currently -114.29%.

About Banc of California

(Get Free Report)

Banc of California, N.A. is a full-service commercial bank headquartered in Santa Ana, California, offering a broad spectrum of banking products and services to corporate and individual customers. The bank focuses on serving middle-market businesses, professional service firms, real estate investors and developers, and entrepreneurs throughout California. Its core offerings include deposit accounts, treasury management services, commercial real estate lending, equipment finance, lines of credit and Small Business Administration lending, complemented by cash management and online banking solutions.

Operating a network of branches and lending offices concentrated in both Southern and Northern California, Banc of California seeks to support local businesses and communities with personalized service and regional expertise.