On June 30, 2025, Banc of California, Inc. (NYSE: BANC) was added to several prominent Russell Indices. These additions include the Russell 2000 Value-Defensive Index, Russell 3000 Growth Index, Russell 2000 Growth-Defensive Index, Russell 2000 Defensive Index, Russell Small Cap Comp Growth Index, Russell 3000E Growth Index, and Russell 2500 Growth Index.
Inclusion in these widely followed indices can increase the company's visibility among institutional investors and potentially lead to increased demand for its shares. This is because many index funds and exchange-traded funds (ETFs) track Russell indices, requiring them to hold the constituent stocks.
The multiple inclusions across various growth and defensive categories reflect the diverse characteristics of Banc of California's business model and market positioning. This development is a recognition of the company's market presence and financial profile.
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