Research Analysts Offer Predictions for BANC Q3 Earnings

Key Points

• DA Davidson projects Banc of California's Q3 2025 earnings per share (EPS) at $0.32, while the full-year earnings estimate stands at <$strong>$1.31 per share.
• Banc of California recently reported a Q2 EPS of $0.31, which exceeded the consensus estimate of $0.28, with a quarterly revenue of $272.85 million.
• The current average rating for Banc of California's stock is "Moderate Buy", with a target price averaging $17.17 according to various analysts' insights.

Banc of California, Inc. (NYSE:BANC - Free Report) - Equities researchers at DA Davidson issued their Q3 2025 earnings estimates for Banc of California in a report issued on Friday, July 25th. DA Davidson analyst G. Tenner forecasts that the bank will earn $0.32 per share for the quarter. The consensus estimate for Banc of California's current full-year earnings is $1.31 per share. DA Davidson also issued estimates for Banc of California's FY2025 earnings at $1.18 EPS.

Banc of California (NYSE:BANC - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The bank reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.03. The business had revenue of $272.85 million during the quarter, compared to the consensus estimate of $278.43 million. Banc of California had a return on equity of 7.37% and a net margin of 8.30%. Banc of California's quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.12 earnings per share.

A number of other equities analysts have also recently issued reports on the stock. Wells Fargo & Company increased their price objective on shares of Banc of California from $16.00 to $18.00 and gave the stock an "overweight" rating in a research report on Tuesday. Stephens reaffirmed an "equal weight" rating and issued a $15.00 price target on shares of Banc of California in a research report on Monday, April 28th. Robert W. Baird dropped their price target on shares of Banc of California from $19.00 to $17.00 and set an "outperform" rating on the stock in a research report on Friday, April 25th. Barclays raised their price target on shares of Banc of California from $18.00 to $19.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Finally, Keefe, Bruyette & Woods reaffirmed an "outperform" rating and issued a $18.00 price target (up previously from $17.00) on shares of Banc of California in a research report on Friday, July 25th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $17.33.

Banc of California Trading Down 2.1%

BANC traded down $0.31 during trading on Monday, reaching $14.55. 282,009 shares of the stock traded hands, compared to its average volume of 2,423,364. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $2.15 billion, a PE ratio of 22.38 and a beta of 0.67. The stock's 50-day moving average is $14.28 and its 200 day moving average is $14.37. Banc of California has a 12 month low of $11.52 and a 12 month high of $18.08.

Banc of California Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Monday, June 16th were issued a dividend of $0.10 per share. The ex-dividend date was Monday, June 16th. This represents a $0.40 dividend on an annualized basis and a yield of 2.75%. Banc of California's dividend payout ratio is currently 61.54%.

Insider Buying and Selling

In other Banc of California news, Director Richard J. Lashley sold 37,500 shares of the company's stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $14.20, for a total transaction of $532,500.00. Following the completion of the sale, the director directly owned 2,280,280 shares of the company's stock, valued at approximately $32,379,976. This represents a 1.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Olivia I. Lindsay sold 11,000 shares of the stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $13.58, for a total transaction of $149,380.00. Following the completion of the sale, the insider directly owned 30,902 shares of the company's stock, valued at approximately $419,649.16. This trade represents a 26.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 86,000 shares of company stock valued at $1,208,000. 2.69% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Banc of California

Several institutional investors have recently made changes to their positions in BANC. GAMMA Investing LLC increased its position in Banc of California by 22.2% during the 2nd quarter. GAMMA Investing LLC now owns 4,201 shares of the bank's stock valued at $59,000 after purchasing an additional 762 shares during the period. Summit Securities Group LLC purchased a new position in shares of Banc of California in the 4th quarter worth approximately $97,000. New Age Alpha Advisors LLC purchased a new position in shares of Banc of California in the 4th quarter worth approximately $102,000. CWM LLC grew its position in shares of Banc of California by 41.7% in the 1st quarter. CWM LLC now owns 8,049 shares of the bank's stock worth $114,000 after buying an additional 2,367 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of Banc of California in the 1st quarter worth approximately $123,000. Institutional investors own 86.88% of the company's stock.

Banc of California Company Profile

Banc of California, Inc operates as the bank holding company for Banc of California that provides various banking products and services in California. The company offers deposit products, such as checking, savings, money market, demand, and time deposits; certificates of deposit; retirement accounts; and safe deposit boxes.