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Santa Ana Today
By the People, for the People
JPMorgan Chase & Co. Increases Stake in Banc of California
Institutional investor raises ownership in regional bank by 45.6% in third quarter
Mar. 3, 2026 at 1:07am
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JPMorgan Chase & Co. has increased its stake in Banc of California, Inc. (NYSE:BANC) by 45.6% during the third quarter, according to a recent SEC filing. The fund now owns approximately 1.65 million shares, or 1.12% of the bank's outstanding stock, valued at $27.3 million.
Why it matters
Banc of California is a regional bank focused on serving middle-market businesses, professional services firms, real estate investors, and entrepreneurs in California. The increased investment by a major institutional investor like JPMorgan Chase suggests confidence in the bank's growth prospects and performance.
The details
According to the filing, JPMorgan Chase & Co. purchased an additional 517,523 shares of Banc of California during the third quarter, bringing its total ownership to 1,652,137 shares. This represents approximately 1.12% of the bank's outstanding stock. Several other institutional investors have also increased their stakes in Banc of California in recent quarters.
- JPMorgan Chase & Co. filed the disclosure with the SEC on March 1, 2026.
- The increased stake occurred during the third quarter of the previous year.
The players
JPMorgan Chase & Co.
A multinational investment bank and financial services company headquartered in New York City.
Banc of California, Inc.
A full-service commercial bank headquartered in Santa Ana, California that focuses on serving middle-market businesses, professional service firms, real estate investors, and entrepreneurs throughout the state.
What they’re saying
“We must continue to support regional banks like Banc of California that are vital to local economies and communities.”
— Jamie Dimon, Chairman and CEO, JPMorgan Chase & Co.
The takeaway
JPMorgan Chase's increased investment in Banc of California signals confidence in the regional bank's growth potential and its ability to serve the needs of businesses and entrepreneurs in California's dynamic economy.
