Banc Of California: Why I Initiated A Long Position In Its Preferred Stock (NYSE:BANC)

Core Viewpoint - The article discusses the author's investment in Banc of California (BANC) and highlights the acquisition of preferred shares at a discount to par value, indicating a positive outlook on the bank's performance and potential for capital gains and dividend income [1]. Group 1: Investment Strategy - The author emphasizes a long-term investment horizon of 5-7 years, focusing on a balanced portfolio that includes both dividend and growth stocks [1]. - The investment group European Small Cap Ideas is mentioned as a source of exclusive research on European small-cap investment opportunities, aiming for high-quality ideas that provide capital gains and continuous cash flow [1]. Group 2: Portfolio Features - The article outlines features of the investment group, including two model portfolios: the European Small Cap Ideas portfolio and the European REIT Portfolio [1]. - Weekly updates and educational content are provided to enhance understanding of European investment opportunities, along with an active chat room for discussions on portfolio developments [1].