Banc of California Company Profile (NYSE:BANC)

About Banc of California

Banc of California logoBanc of California, Inc. is a financial holding company. The Company is the parent of Banc of California, National Association (the Bank), The Palisades Group, LLC (The Palisades Group) and PTB Property Holdings, LLC (PTB). The Company engages in activities permissible for bank holding companies and in other activities that are financial in nature or incidental or complementary to activities that are financial in nature, primarily securities, insurance and merchant banking activities. The Bank offers a variety of financial services to meet the banking and financial needs of the communities it serves, with operations conducted through 37 banking offices, serving San Diego, Los Angeles, and Orange counties, California and 67 loan production offices in California, Arizona, Oregon, Virginia, Indiana, Maryland, Colorado, Idaho, and Nevada.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Pacific Banks
  • Sub-Industry: Thrifts & Mortgage Finance
  • Exchange: NYSE
  • Symbol: BANC
  • CUSIP: 33589V10
Key Metrics:
  • Previous Close: $21.83
  • 50 Day Moving Average: $21.31
  • 200 Day Moving Average: $18.76
  • Trailing P/E Ratio: 14.41
  • Foreward P/E Ratio: 11.10
  • P/E Growth: 1.09
  • Market Cap: $1.09B
  • Outstanding Shares: 49,725,000
  • Beta: 0.85
Additional Links:
Companies Related to Banc of California:

Analyst Ratings

Consensus Ratings for Banc of California (NYSE:BANC) (?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $22.67 (3.12% upside)

Analysts' Ratings History for Banc of California (NYSE:BANC)
Show:
DateFirmActionRatingPrice TargetDetails
8/17/2016FIG PartnersDowngradeMarket Perform -> UnderperformView Rating Details
7/22/2016FBR & CoReiterated RatingHoldView Rating Details
5/4/2016Raymond James Financial Inc.UpgradeMarket Perform -> Outperform$23.00View Rating Details
5/2/2016Wells Fargo & Co.Initiated CoverageOutperformView Rating Details
4/22/2016Keefe, Bruyette & WoodsUpgradeMarket Perform -> Outperform$18.00 -> $25.00View Rating Details
5/28/2015DA DavidsonDowngradeBuy -> Neutral$14.50View Rating Details
1/13/2015Bank of America Corp.DowngradeBuy -> Neutral$12.50View Rating Details
11/20/2014Sterne Agee CRTInitiated CoverageNeutral$12.00View Rating Details
(Data available from 8/27/2014 forward)

Earnings

Earnings History for Banc of California (NYSE:BANC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
7/21/2016Q216$0.40$0.46$79.11 millionViewListenView Earnings Details
4/21/2016Q116$0.31$0.36$65.90 millionViewListenView Earnings Details
1/28/2016Q415$0.27$0.39$58.80 millionViewListenView Earnings Details
10/29/2015Q315$0.27$0.29$56.00 millionViewListenView Earnings Details
7/29/2015Q215$0.28$0.32$53.81 millionViewListenView Earnings Details
4/29/2015Q1$0.21$0.29$90.42 million$98.00 millionViewN/AView Earnings Details
3/5/2015$0.21$0.25ViewN/AView Earnings Details
10/30/2014Q3$0.25$0.31$72.86 millionViewN/AView Earnings Details
7/31/2014$0.14$0.27ViewN/AView Earnings Details
5/9/2014$0.04($0.01)ViewN/AView Earnings Details
3/13/2014$0.36$0.12ViewN/AView Earnings Details
11/8/2013Q3 13$0.29($0.53)ViewN/AView Earnings Details
5/8/2013Q1 2013$0.01$0.05ViewN/AView Earnings Details
3/1/2013Q4 2012$0.15($0.30)$15.46 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Banc of California (NYSE:BANC)
Current Year EPS Consensus Estimate: $1.63 EPS
Next Year EPS Consensus Estimate: $1.98 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.30$0.30$0.30
Q2 20162$0.29$0.31$0.30
Q3 20162$0.34$0.34$0.34
Q4 20161$0.38$0.38$0.38
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Banc of California (NYSE:BANC)
Annual Dividend:$0.48
Dividend Yield:2.18%
Payout Ratio:32.65% (Based on Trailing 12 Months of Earnings)
29.45% (Based on Current Year Consensus EPS Estimate)
24.24% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-7.20% (3 Year Average)

Dividend History for Banc of California (NYSE:BANC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/17/2016quarterly$0.122.22%9/13/20169/15/201610/3/2016
5/19/2016quarterly$0.122.53%6/13/20166/15/20167/1/2016
3/2/2016quarterly$0.123.04%3/11/20163/15/20164/1/2016
12/1/2015quarterly$0.123.17%12/11/201512/15/20151/4/2016
9/3/2015quarterly$0.123.9%9/10/20159/14/201510/1/2015
6/3/2015quarterly$0.123.57%6/11/20156/15/20157/1/2015
3/4/2015quarterly$0.124.3%3/11/20153/13/20154/1/2015
12/3/2014quarterly$0.124.39%12/11/201412/15/20141/2/2015
9/2/2014quarterly$0.123.98%9/10/20149/12/201410/1/2014
6/2/2014quarterly$0.124.44%6/11/20146/13/20147/1/2014
3/3/2014quarterly$0.123.62%3/12/20143/14/20144/1/2014
12/10/2013quarterly$0.123.8%12/18/201312/20/20131/2/2014
9/5/2013quarterly$0.123.52%9/12/20139/16/201310/1/2013
6/20/2013quarterly$0.477/1/20137/15/2013
6/4/2013quarterly$0.123.56%6/13/20136/17/20137/1/2013
3/6/2013quarterly$0.124.32%3/14/20133/18/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Banc of California (NYSE:BANC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/17/2016Steven SugarmanCEOBuy338$21.95$7,419.10View SEC Filing  
6/17/2016Jeffrey T SeaboldEVPSell59,225$19.40$1,148,965.00View SEC Filing  
12/8/2015Jeffrey T. SeaboldEVPSell59,153$14.89$880,788.17View SEC Filing  
8/24/2015Steven SugarmanCEOBuy35,000$12.18$426,300.00View SEC Filing  
6/17/2015Steven SugarmanCEOBuy3,000$13.61$40,830.00View SEC Filing  
8/22/2014Steven SugarmanCEOBuy4,050$12.17$49,288.50View SEC Filing  
6/24/2014Robb EvansDirectorSell1,306$11.23$14,666.38View SEC Filing  
5/23/2014Steven SugarmanCEOBuy35,000$10.38$363,300.00View SEC Filing  
11/13/2013Steven SugarmanCEOBuy2,500$12.52$31,300.00View SEC Filing  
8/27/2013Timothy ChrismanDirectorBuy5,000$13.23$66,150.00View SEC Filing  
8/22/2013James GrayDirectorBuy1,000$14.00$14,000.00View SEC Filing  
8/14/2013Ronald Jr. NicolasCFOBuy5,000$14.81$74,050.00View SEC Filing  
8/9/2013Timothy ChrismanDirectorBuy1,500$14.44$21,660.00View SEC Filing  
6/25/2013Robb EvansDirectorBuy4,000$13.11$52,440.00View SEC Filing  
6/24/2013James H GrayDirectorBuy1,000$13.01$13,010.00View SEC Filing  
6/21/2013Timothy ChrismanDirectorBuy12,146$13.29$161,420.34View SEC Filing  
6/13/2013Robb EvansDirectorBuy1,000$13.43$13,430.00View SEC Filing  
6/12/2013Daniel Roy MathisDirectorBuy3,300$12.99$42,867.00View SEC Filing  
6/10/2013Steven SugarmanCEOBuy4,000$13.40$53,600.00View SEC Filing  
3/21/2013Melissa LanfreCAOBuy1,732$11.38$19,710.16View SEC Filing  
3/20/2013Ronald J Jr. NicolasCFOBuy5,000$11.34$56,700.00View SEC Filing  
3/20/2013Steven SugarmanCEOBuy2,000$11.34$22,680.00View SEC Filing  
3/15/2013Craig NaselowEVPBuy4,000$11.15$44,600.00View SEC Filing  
3/13/2013Daniel Roy MathisDirectorBuy3,000$11.06$33,180.00View SEC Filing  
3/7/2013Jeffrey T SeaboldDirectorBuy2,500$11.20$28,000.00View SEC Filing  
3/6/2013Robb EvansDirectorBuy10,000$10.90$109,000.00View SEC Filing  
3/6/2013Steven SugarmanCEOBuy10,057$11.18$112,437.26View SEC Filing  
3/5/2013Timothy ChrismanDirectorBuy6,300$10.50$66,150.00View SEC Filing  
8/22/2012Steven SugarmanCEOSell417,827$12.00$5,013,924.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Banc of California (NYSE:BANC)
DateHeadline
nasdaq.com logoBanc of California Non-Cumulative Perpetual Preferred Stock, Series D About To Put More Money In Your Pocket - Nasdaq (NYSE:BANC)
www.nasdaq.com - August 26 at 3:41 PM
bloomberg.com logoBanc of California CEO: Why We Signed $100M Stadium Deal (NYSE:BANC)
www.bloomberg.com - August 26 at 3:41 PM
bizjournals.com logo​Banc of California wins naming rights for new L.A. soccer stadium - L.A. Biz (NYSE:BANC)
www.bizjournals.com - August 25 at 8:36 AM
capitalcube.com logoETF’s with exposure to Banc of California, Inc. : August 24, 2016 (NYSE:BANC)
www.capitalcube.com - August 24 at 11:57 AM
finance.yahoo.com logoBank Run by 41-Year-Old Said to Pay $100 Million to Name Stadium (NYSE:BANC)
finance.yahoo.com - August 23 at 8:58 PM
bloomberg.com logoBank Run by 41-Year-Old Signs $100 Million Stadium-Name Deal (NYSE:BANC)
www.bloomberg.com - August 23 at 8:58 PM
prnewswire.com logoLos Angeles Football Club Announces Partnership with Banc of California - PR Newswire (press release) (NYSE:BANC)
www.prnewswire.com - August 23 at 3:45 PM
publicnow.com logoLos Angeles Football Club Announces Partnership with Banc of California (NYSE:BANC)
www.publicnow.com - August 23 at 3:45 PM
latimes.com logoBanc of California snags naming rights for L.A. Football Club soccer stadium (NYSE:BANC)
www.latimes.com - August 23 at 1:49 PM
News IconBanc of California, Inc. (NYSE:BANC): Brokerage Firm Consensus Update - Post News (NYSE:BANC)
www.kentuckypostnews.com - August 23 at 5:55 AM
investornewswire.com logoBanc of California, Inc. (NYSE:BANC) Reports Sales Of $160.244, Surprising Estimates By 11.57% - Investor Newswire (NYSE:BANC)
www.investornewswire.com - August 22 at 3:47 PM
stocksdaily.net logoBanc of California, Inc. (NYSE:BANC) Paying Out $-17.654 Million In Dividends - Stocks Daily (NYSE:BANC)
www.stocksdaily.net - August 22 at 3:47 PM
News IconShare Valuation Review for Banc of California, Inc. (NYSE:BANC) - Post News (NYSE:BANC)
www.kentuckypostnews.com - August 20 at 3:45 PM
streetinsider.com logoForm 4 BANC OF CALIFORNIA, INC. For: Aug 16 Filed by: Sugarman Steven (NYSE:BANC)
www.streetinsider.com - August 19 at 4:22 PM
fidaily.com logoInsider Trading Activity – Banc of California, Inc. Common (NYSE:BANC) (NYSE:BANC)
www.fidaily.com - August 19 at 4:22 PM
streetinsider.com logoForm 4 BANC OF CALIFORNIA, INC. For: Aug 16 Filed by: Sugarman Steven - StreetInsider.com (NYSE:BANC)
www.streetinsider.com - August 19 at 12:06 PM
finance.yahoo.com logoBanc of California downgraded by FIG Partners (NYSE:BANC)
finance.yahoo.com - August 17 at 9:10 PM
News IconBanc of California, Inc. (NYSE:BANC): What are Analysts Saying About the Name? - Post News (NYSE:BANC)
www.kentuckypostnews.com - August 16 at 12:25 PM
prnewswire.com logoBanc of California Announces Quarterly Dividends - PR Newswire (press release) (NYSE:BANC)
www.prnewswire.com - August 16 at 12:25 PM
investornewswire.com logoAnalysts See Sales Of $619.718 For Banc of California, Inc. (NYSE:BANC) - Investor Newswire (NYSE:BANC)
www.investornewswire.com - August 15 at 9:19 PM
equities.com logoBanc of California Inc. (BANC) Hits New 52-week High During August 08 Session - Equities.com (NYSE:BANC)
www.equities.com - August 10 at 8:17 AM
stocksdaily.net logoBanc of California, Inc. (NYSE:BANC) Cash and Short – Term Investments Is Reported At $157.624 Millions - Stocks Daily (NYSE:BANC)
www.stocksdaily.net - August 8 at 9:09 PM
investornewswire.com logoBanc of California, Inc. (NYSE:BANC) Records An Estimated Annual Sales Mean Of $619.718 - Investor Newswire (NYSE:BANC)
www.investornewswire.com - August 8 at 3:46 PM
equities.com logoBanc of California Inc. (BANC) Jumps 5.17% on August 05 - Equities.com (NYSE:BANC)
www.equities.com - August 7 at 8:20 AM
News IconStock-research Ratings: Rockwell Collins Inc. (NYSE:COL), Banc of ... - TWN (NYSE:BANC)
thewellesleysnews.com - August 7 at 8:20 AM
streetinsider.com logoForm 4 BANC OF CALIFORNIA, INC. For: Aug 01 Filed by: Seabold Jeffrey T - StreetInsider.com (NYSE:BANC)
www.streetinsider.com - August 4 at 12:17 PM
reuters.com logoBRIEF-Banc of California files to offer stock, other securities - Reuters (NYSE:BANC)
www.reuters.com - August 4 at 12:17 PM
reuters.com logoBRIEF-Banc of California files for common stock shelf - Reuters (NYSE:BANC)
www.reuters.com - August 4 at 12:17 PM
biz.yahoo.com logoBANC OF CALIFORNIA, INC. Files SEC form 10-Q, Quarterly Report (NYSE:BANC)
biz.yahoo.com - August 4 at 12:17 PM
tradecalls.org logoHilton Capital Management adds Banc of California Inc (BANC) to its portfolio - Trade Calls (NYSE:BANC)
www.tradecalls.org - August 2 at 9:24 PM
investornewswire.com logoBanc of California, Inc. (NYSE:BANC) Yearly Sales Target At $617.478 - Investor Newswire (NYSE:BANC)
www.investornewswire.com - August 1 at 3:43 PM
stocksdaily.net logoBanc of California, Inc. (NYSE:BANC) Quarterly Dividend At $-4.693 Millions - Stocks Daily (NYSE:BANC)
www.stocksdaily.net - August 1 at 3:43 PM
News IconA group of women are using a new movie to address the subject of why no women are Wall Street CEOs (NYSE:BANC)
www.ad-hoc-news.de - July 31 at 3:41 PM
latimes.com logoO.C. bank's young CEO has long resume, stellar credentials (NYSE:BANC)
www.latimes.com - July 31 at 9:49 AM
equities.com logoBanc of California Inc. (BANC) Hits New 52-week High During July 27 Session - Equities.com (NYSE:BANC)
www.equities.com - July 29 at 8:27 AM
4-traders.com logoBanc of California : Reports Record Second Quarter Earnings (NYSE:BANC)
www.4-traders.com - July 28 at 4:48 PM
equities.com logoBanc of California Inc. (BANC) Hits New 52-week High During July 26 Session - Equities.com (NYSE:BANC)
www.equities.com - July 28 at 12:30 PM
fidaily.com logoBanc of California, Inc. Common (BANC) Sees 52-Week High - Finance Daily (NYSE:BANC)
www.fidaily.com - July 27 at 9:29 PM
equities.com logoBanc of California Inc. (BANC) Hits New 52-week High During July 25 Session - Equities.com (NYSE:BANC)
www.equities.com - July 27 at 12:13 PM
equities.com logoBanc of California Inc. (BANC) Jumps 5.18% on July 25 - Equities.com (NYSE:BANC)
www.equities.com - July 26 at 3:35 PM
equities.com logoBanc of California Inc. (BANC) Jumps 5.79% on July 22 - Equities.com (NYSE:BANC)
www.equities.com - July 23 at 5:23 AM
msn.com logoBanc of California's (BANC) CEO Steven Sugarman on Q2 2016 Results - Earnings Call Transcript (NYSE:BANC)
www.msn.com - July 22 at 8:42 PM
News IconBanc of California, Inc. (NYSE:BANC): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:BANC)
www.engelwooddaily.com - July 22 at 3:42 PM
News IconRevenue Update on Banc of California Inc(NYSE:BANC) - TheFounders Daily (NYSE:BANC)
www.thefoundersdaily.com - July 22 at 3:42 PM
capitalcube.com logoBanc of California, Inc. :BANC-US: Earnings Analysis: Q2, 2016 By the Numbers : July 22, 2016 (NYSE:BANC)
www.capitalcube.com - July 22 at 12:11 PM
reuters.com logoBRIEF-Banc of California reports Q2 adj shr $0.46 - Reuters (NYSE:BANC)
www.reuters.com - July 21 at 9:18 PM
finance.yahoo.com logoEdited Transcript of BANC earnings conference call or presentation 21-Jul-16 2:00pm GMT (NYSE:BANC)
finance.yahoo.com - July 21 at 5:21 PM
fidaily.com logoShares now unchanged at $19.86 (BANC) Banc of California Reports Record Second... - Finance Daily (NYSE:BANC)
www.fidaily.com - July 21 at 3:45 PM
News IconStock to Track – Banc of California Inc (NYSE:BANC) - Financial Breaking News (press release) (NYSE:BANC)
wsbreakingnews.com - July 21 at 3:45 PM
News IconPacific Ridge Capital Partners LLC Decreased Stake in Banc Of California INC (NYSE:BANC) by $3.59 Million as ... - Press Telegraph (NYSE:BANC)
presstelegraph.com - July 21 at 3:45 PM

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Banc of California (NYSE:BANC) Chart for Saturday, August, 27, 2016


Last Updated on 8/27/2016 by MarketBeat.com Staff