Banc of California Inc (BANC) Jumps 6.73% on January 28

Equities Staff  |

Banc of California Inc (BANC) was among the biggest gainers on the Russell 2000 for Thursday January 28 as the stock popped 6.73% to $14.75, representing a gain of $0.93 per share. Some 725,477 shares traded hands on 4,634 trades, compared with an average daily volume of 211,661 shares out of a total float of 37.81 million. The stock opened at $15.00 and traded with an intraday range of $15.98 to $14.58.

After today's gains, Banc of California Inc reached a market cap of $557.69 million. Banc of California Inc has had a trading range between $15.38 and $10.23 over the last year, and it had a 50-day SMA of $14.40 and a 200-day SMA of $13.15.

The stock has a P/E Ratio of 11.7.

Banc of California Inc is a is a financial holding company. It offers banking and financial services. Its services include banking services, lending services and private banking services.

Banc of California Inc is based out of Irvine, CA and has some 1,470 employees. Its CEO is Steven Sugarman.

For a complete fundamental analysis analysis of Banc of California Inc, check out’s Stock Valuation Analysis report for BANC. To see the latest independent stock recommendations from’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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