EJF Capital Increases Stake in Banc of California

Investment firm boosts holding in regional bank by 16.8% in Q3

Mar. 3, 2026 at 12:31am

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EJF Capital LLC increased its position in shares of Banc of California, Inc. (NYSE:BANC) by 16.8% in the third quarter, according to a recent SEC filing. The investment firm now owns 199,663 shares of the bank's stock, making it the 17th largest holding in EJF Capital's portfolio.

Why it matters

This transaction highlights the continued investor interest in Banc of California, a regional bank focused on serving middle-market businesses, professional service firms, and real estate investors in California. The stock's performance and EJF Capital's increased stake suggest confidence in the bank's growth prospects.

The details

EJF Capital purchased an additional 28,764 shares of Banc of California in the third quarter, bringing its total stake to 199,663 shares. This represents approximately 0.14% of the bank's outstanding shares and 1.9% of EJF Capital's investment portfolio. Banc of California has a market capitalization of $2.79 billion and its stock has traded between $11.52 and $21.61 over the past 52 weeks.

  • EJF Capital increased its stake in Banc of California during the third quarter of 2026.

The players

EJF Capital LLC

An investment management firm that focuses on financial services and real estate sectors.

Banc of California, Inc.

A full-service commercial bank headquartered in Santa Ana, California that serves middle-market businesses, professional service firms, real estate investors, and entrepreneurs throughout the state.

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The takeaway

EJF Capital's increased stake in Banc of California suggests continued investor confidence in the regional bank's growth potential, particularly as it focuses on serving the needs of California's middle-market businesses and real estate community.