Banc of California Insider Plans to Sell $85 Million in Common Stock via Form 144
Stock Sale Announcement: Warburg Pincus LLC plans to sell 4.25 million shares of its common stock in Banc of California (BANC.U.S) on February 13, with an estimated market value of around $85 million.
Shareholding Reduction: Since February 2, 2026, Warburg Pincus LLC has reduced its shareholding in Banc of California by 10.85 million shares, valued at approximately $217 million.
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Stock Sale Announcement: Warburg Pincus LLC plans to sell 4.25 million shares of its common stock in Banc of California (BANC.U.S) on February 13, with an estimated market value of around $85 million.
Shareholding Reduction: Since February 2, 2026, Warburg Pincus LLC has reduced its shareholding in Banc of California by 10.85 million shares, valued at approximately $217 million.
- Dividend Increase: Banc of California announced a quarterly cash dividend of $0.12 per share, representing a 20% increase from the previous declaration, reflecting strong financial performance and boosting shareholder confidence, which is expected to enhance shareholder returns.
- Preferred Stock Dividend: The Board also declared a cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, demonstrating a robust strategy in diversifying capital structure and further solidifying investor trust.
- Shareholder Return Plan: The company maintains a Dividend Reinvestment Plan (DRIP) that allows common stockholders to automatically acquire shares at a 3% discount from market price, aimed at enhancing long-term investment value and shareholder engagement.
- Strategic Commitment: CEO Jared Wolff stated that the increase in dividends reflects confidence in future profitability, indicating the company's commitment to achieving sustainable, high-quality growth, which further elevates market expectations for the firm.

- Loan Production Growth: Banc of California reported $9.6 billion in loan production for 2025, reflecting a 31% year-over-year increase, which not only enhances the company's profitability but also strengthens its competitive position in the market.
- Profitability Improvement: The adjusted EPS reached $1.35, a 69% increase year-over-year, demonstrating effective execution in cost control and revenue growth, thereby enhancing shareholder value.
- Deposit Account Expansion: The addition of nearly 2,500 noninterest-bearing deposit accounts totaling almost $530 million indicates significant progress in attracting customer deposits, which will aid future liquidity.
- Optimistic Outlook: Management projects a 10% to 12% increase in net interest income for 2026 and plans to continue moderate growth in loans and deposits while controlling expenses, reflecting confidence in future market opportunities.
- Earnings Beat: Banc of California reported a Q4 GAAP EPS of $0.42, exceeding expectations by $0.05, indicating sustained profitability that may boost investor confidence.
- Significant Revenue Growth: The bank's Q4 revenue reached $292.93 million, reflecting a 10.8% year-over-year increase and surpassing expectations by $3.47 million, showcasing its competitive position and strong customer demand.
- Slight Decline in Net Interest Income: Q4 net interest income was $251.4 million, down $2.1 million from Q3, highlighting the impact of changing interest rate environments on revenue, necessitating close monitoring of future interest income trends.
- Increase in Credit Loss Provisions: The provision for credit losses rose to $12.5 million in Q4 from $9.7 million in Q3, demonstrating the bank's cautious approach to potential credit risks, which may affect future profitability.
- Earnings Forecast: Kinder Morgan is expected to report an EPS of $0.37 for Q4 2025, reflecting a 15.63% increase year-over-year, indicating robust growth potential in the oil and gas sector.
- Industry Comparison: CACI anticipates an EPS of $6.41, a 7.73% increase from the previous year, having exceeded expectations every quarter in the past year, showcasing its competitive edge in the computer services industry.
- Financial Performance: Pinnacle Financial Partners forecasts an EPS of $2.32, representing a 22.11% increase year-over-year, consistently beating expectations over the past year, highlighting its strong market performance.
- Significant Growth: Live Oak Bancshares expects an EPS of $0.56, a remarkable 154.55% increase, reflecting rapid growth and an increase in market share within the banking sector.
- Earnings Report Preview: After the market closes on Wednesday, major companies including Kinder Morgan (KMI), Knight-Swift Transportation Holdings (KNX), CACI International (CACI), RLI Corp. (RLI), and NVE Corporation (NVEC) are set to release their earnings, with market participants anticipating how these results will impact stock prices.
- Market Focus: Investors will closely monitor these earnings to assess company performance in the current economic climate, particularly how dynamics in the transportation and energy sectors may influence overall market sentiment.
- Additional Earnings Releases: In addition to the major players, other companies such as BANC, FULT, LOB, and TCBX are also scheduled to report earnings after Wednesday's close, adding to the richness of the earnings season narrative.
- Earnings Season Calendar: Seeking Alpha provides a comprehensive earnings season calendar, assisting investors in tracking upcoming earnings reports to ensure timely access to critical information for informed investment decisions.





