Banc of California, Inc. BANC

Rising rate expectations are back in focus, with traders pricing in a strong chance of another Fed hike and Treasury yields jumping as inflation pressures reappear. That combination can reshuffle winners and losers across U.S. large-cap financials, creating opportunities for investors who position early and avoid potential traps. This article first unpacks the backdrop and then walks through three stocks from the Fed-sensitive banks and insurers screener that are exposed to this latest move...

Banc of California (BANC) is back in focus after its shares closed at US$18.10, with recent returns showing declines over the past week, month, past 3 months and year to date. Banc of California’s recent share price softness, with the stock down over the past week, month and quarter, contrasts with a 12.37% total shareholder return over the past year and a 67.62% total shareholder return over three years. This points to fading short term momentum against a still positive longer run...