STOCK TITAN

Millennium discloses 2,948,474 Banc of California shares (NYSE: BANC)

(Neutral)
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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander report beneficial ownership of 2,948,474 shares of Banc of California, Inc. common stock, representing 1.9% of the outstanding class as of June 30, 2026.

Each reporting person has no sole voting or dispositive power and shared voting and dispositive power over 2,948,474 shares. The shares are held by investment entities subject to voting control and investment discretion of Millennium Management LLC and other managers controlled by Millennium Group Management LLC and Mr. Englander, and this structure is stated not to constitute an admission of beneficial ownership. They indicate ownership of 5 percent or less of the class, and the parties have executed a joint filing agreement dated July 13, 2026.

Positive

  • None.

Negative

  • None.
Shares beneficially owned 2,948,474 shares Common stock of Banc of California, Inc. reported as beneficially owned by each reporting person as of June 30, 2026
Percent of class 1.9% Percentage of Banc of California, Inc. common stock class reportedly beneficially owned
Shared voting power 2,948,474 shares Shares over which each reporting person has shared power to vote or direct the vote
Sole voting power 0 shares Shares over which each reporting person has sole power to vote or direct the vote
Shared dispositive power 2,948,474 shares Shares over which each reporting person has shared power to dispose or direct the disposition
Event date 06/30/2026 Date of the event requiring the Schedule 13G/A filing
Signature date 07/13/2026 Date the amendment was signed by the reporting persons
beneficial ownership financial
"The securities disclosed herein as potentially beneficially owned by Millennium Management LLC"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared voting power financial
"6 | Shared Voting Power 2,948,474.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power financial
"8 | Shared Dispositive Power 2,948,474.00"
Ownership of 5 percent or less of a class regulatory
"Item 5. | Ownership of 5 Percent or Less of a Class."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stake does Millennium hold in Banc of California (BANC)?

Millennium-related entities report beneficial ownership of 2,948,474 shares of Banc of California common stock, equal to 1.9% of the outstanding class as of June 30, 2026. This ownership is reported jointly by the three filing persons.

Who are the reporting persons in the Banc of California (BANC) Schedule 13G/A?

The filing lists Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander as reporting persons. They provide a shared New York business address and detail their respective Delaware or U.S. citizenship status in the ownership disclosure.

Does Millennium have sole or shared voting power over BANC shares?

The reporting persons state they have 0 shares with sole voting power and 2,948,474 shares with shared voting power. They also report no sole dispositive power and shared dispositive power over the same 2,948,474 shares of Banc of California common stock.

Do the reporting persons claim direct beneficial ownership of Banc of California (BANC) shares?

They state the securities are held by entities subject to voting control and investment discretion of Millennium Management LLC and related managers, and that this disclosure should not be construed as an admission of beneficial ownership by any reporting person for the shares held by those entities.

What does “Ownership of 5 percent or less of a class” mean in this BANC filing?

Under Item 5, the reporting persons indicate ownership of 5 percent or less of Banc of California’s common stock class. Combined with the reported 1.9% stake, it confirms their holdings fall within the 5%-or-less disclosure category for this security.

When was the joint filing agreement for Banc of California (BANC) executed and by whom?

Exhibit I is a joint filing agreement dated July 13, 2026, entered into by Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander. It formalizes their agreement to make this Schedule 13G/A filing together.





05990K106

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Millennium Management LLC
Signature:/s/ Gil Raviv
Name/Title:Gil Raviv, Global General Counsel
Date:07/13/2026
Millennium Group Management LLC
Signature:/s/ Gil Raviv
Name/Title:Gil Raviv, Global General Counsel
Date:07/13/2026
Israel A. Englander
Signature:/s/ Israel A. Englander
Name/Title:Israel A. Englander
Date:07/13/2026
Exhibit Information

Exhibit I: Joint Filing Agreement, dated as of July 13, 2026, by and among Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander.