Peak6 Adds $3M in Banc of California, Inc. ($BANC)
Key Points
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Peak6 increased its position in Banc of California, Inc. ($BANC) by 457.28% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 192,685 shares of Banc of California, Inc. after buying 158,109 shares during the quarter. Peak6's holdings in Banc of California, Inc. were worth $3.83 million as of its most recent filing.
Banc of California, Inc. Stock Up 6.8%
Shares of Banc of California, Inc. ($BANC) traded around $19.87 on Saturday, up 6.8% for the day.
Banc of California, Inc. Earnings
Banc of California, Inc. Dividend
Analysts Set New Price Targets
About Banc of California, Inc.
Banc of California, Inc. operates as the bank holding company for Banc of California that provides banking and treasury management services in the United States. The company offers deposit products, including checking, savings, money market, demand, and retirement accounts, as well as time deposits, certificates of deposit, and safe deposit boxes. It also provides real estate loans, such as commercial real estate mortgage, multi-family, other residential real estate mortgage, and real estate construction and land loans; commercial loans and leases comprising lender finance, equipment finance, other asset-based, venture capital, secured business, warehouse, and other lending loans; and consumer loans. In addition, the company offers electronic payment services for commercial clients, such as merchant acquiring and card issuing services; automated bill payments, cash and treasury management, master demand accounts, foreign exchange, interest rate swaps, card payment services, remote and mobile deposit capture, automated clearing house origination, wire transfer, and direct deposit; and investment management services. It serves small and middle-market businesses, venture capital and private equity firms, non-profit organizations, business owners, entrepreneurs, professionals, and high-net worth individuals. The company offers its products and services through branches located throughout California; Denver, Colorado; and Durham, North Carolina, as well as through regional offices in the United States. Banc of California, Inc. was founded in 1941 and is headquartered in Los Angeles, California.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.