Dividend and Insider Activity Update for Banc of California Ahead of Ex-Dividend Date on Sep 15, 2025

Banc of California (BANC) is set to pay a cash dividend of $0.100 per share on Oct 1, 2025, to shareholders of record as of Sep 15, 2025. This upcoming payout aligns closely with the company’s recent dividend of $0.100 per share on Jul 1, 2025. Over the last 10 dividend periods, the average payout has been $0.098, making the current distribution slightly higher than the historical average. The ex-dividend date of Sep 15, 2025, marks the last day for investors to purchase BANC shares and still be eligible for the upcoming dividend. Investors purchasing shares on or after Sep 16, 2025, will not receive this dividend.

Recent insider activity has drawn significant attention, particularly in late August and early September 2025. Notably, a director affiliated with the company sold 4.5 million shares for approximately $73.7 million on Sep 5, 2025, followed by an additional 1.15 million shares just three days later. Separately, Hamid Hussain, another insider, reduced his holdings by 23% during the same period. These transactions, collectively exceeding $92.5 million, have raised questions about insider confidence and could signal a reassessment of the company’s near-term outlook. While insider selling is not uncommon, the timing and scale of these trades suggest a potential shift in sentiment among key stakeholders.

Over the past week, market reactions to the insider sales have been mixed. Immediately following the largest sale on Sep 5, 2025, BANC’s stock price declined by approximately 3%, but it has since stabilized within a narrow trading range. Analysts have noted that BANC’s strong balance sheet and consistent net income growth—up 12% year-over-year—may help offset some of the market’s short-term concerns. Additionally, the company has maintained its dividend yield near 2.38%, a key attraction for income-focused investors.

Since the last update, further developments include a major stake increase by Jones Financial Companies, which grew its position in BANC by over 22,771% during the first quarter of 2025. This substantial accumulation suggests renewed institutional confidence in the bank’s long-term potential. Meanwhile, KBW analysts have reiterated an Outperform rating on BANC, maintaining a $18.00 price target, citing the bank’s solid fundamentals and regional banking resilience.

In conclusion, while recent insider sales warrant careful scrutiny, BANC remains in a relatively strong financial position with consistent profitability and a healthy dividend yield. Investors are advised to monitor upcoming insider activity, earnings reports, and broader market conditions before making decisions. It is important to note that the ex-dividend date of Sep 15, 2025, is the final opportunity for investors to purchase shares and receive the upcoming dividend.