In the moment of writing I’m very happy to present this article for Banc of California Inc. it make’s me smile every time I say “California” maybe because the women’s are pretty and the grass is green . . ;), which is making a monstrous movement in it stock prices.
About Banc of California, Inc.
Banc of California, Inc. (BANC) provides comprehensive banking services to California’s diverse businesses, entrepreneurs and communities. Banc of California operates over 100 offices in California and the West.
Banc of California announced today it has hired Arby Sanoyans and Anto Shakelian as Senior Directors, based at Banc of California’s Private Banking office in Century City, California.
– “We are excited to announce the addition of experienced Private Bank Relationship Managers, Arby and Anto, to the Banc of California team,” said Jeff Seabold, Chief Banking Officer. “Arby and Anto will be key resources to help us expand our client relationships across Southern California. We continue to see tremendous opportunity to win client relationships to support our continued growth and expansion.”
Steven Sugarman, Chairman and Chief Executive Officer added, “We see a clear opportunity to continue to grow our Private Banking Division over the course of 2016 and beyond. The outlook for the Private Banking Division has never been more promising, as bankers and clients alike are choosing Banc of California.”
Banc of California opened its new Private Banking office in Calabasas in March and expects to open its Woodland Hills Private Banking office during the second quarter of 2016.
In the late February as we seen on the chart above the two Moving-average’s crossed and after a couple of trading session it occur’s new trend which is growing amazingly, for less than 100 – days we saw approximately 49.60% increasing and there is no data that is showing where this trend is heading. The current price now is $20.51 per share, couple of month’s behind the price was bouncing around $12 per share and $14.70 per share.
Open – $20.50
Prev. Close – $20.35
52 week Range – $11.71 – $20.64
Market cap – 902.41M