Banc of California Company Profile (NYSE:BANC)

About Banc of California

Banc of California logoBanc of California, Inc. provides banking services to California's diverse businesses, entrepreneurs and homeowners. The Bank was formed through the merger of four of Southern California's community banking franchises. The Bank offers a range of financial services to meet the banking and financial needs of the communities it serves, with operations conducted through over 100 banking offices across California and across the West. The Bank's deposit product and service offerings include checking, savings, money market, certificates of deposit, retirement accounts, as well as online, telephone and mobile banking, automated bill payment, cash and treasury management, master demand accounts, foreign exchange, interest rate swaps, trust services, card payment services, remote and mobile deposit capture, Automated Clearing House (ACH) origination, wire transfer, direct deposit and safe deposit boxes.

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: $17.61
  • 50 Day Moving Average: $21.500
  • 200 Day Moving Average: $19.692
  • 52-Week Range: $11.88 - $23.24
  • Trailing P/E Ratio: 11.495
  • Foreward P/E Ratio: 9.04
  • P/E Growth: 0.910
  • Market Cap: $869.94M
  • Outstanding Shares: 49,725,000
  • Beta: 0.7
Profitability:
  • Net Margins: 14.65%
  • Return on Equity: 14.90%
  • Return on Assets: 0.90%
Debt:
  • Debt-to-Equity Ratio: 1.65%
  • Current Ratio: 0.93%
  • Quick Ratio: 0.82%
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 (29.30% upside)

Analysts' Ratings History for Banc of California (NYSE:BANC)
Show:
DateFirmActionRatingPrice TargetDetails
9/22/2016FBR & CoReiterated RatingHoldView Rating Details
8/17/2016FIG PartnersDowngradeMarket Perform -> UnderperformView 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 9/28/2014 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: $1.64 EPS
Next Year EPS Consensus Estimate: $1.94 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:2.74%
Dividend Growth:-7.20% (3 Year Average)
Payout Ratio:32.65% (Based on Trailing 12 Months of Earnings)
29.27% (Based on Current Year Consensus EPS Estimate)
24.74% (Based on Next Year Consensus EPS Estimate)

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)
Insider Ownership Percentage: 6.13%
Institutional Ownership Percentage: 87.96%
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
News IconBanc of California, Inc. (NYSE:BANC) missed earnings on 3 occasions - The Independent Republic (NYSE:BANC)
theindependentrepublic.com - September 26 at 3:52 PM
4-traders.com logoBanc of California : Excelerate Capital Names Tim Long as National Business Development Manager (NYSE:BANC)
www.4-traders.com - September 23 at 8:46 AM
bloomberg.com logoBanc of California CFO Resigns After Less Than Year on Job (3) (NYSE:BANC)
washpost.bloomberg.com - September 22 at 3:49 PM
reuters.com logoBRIEF-Banc of California Inc is consolidating its office of finance organization (NYSE:BANC)
www.reuters.com - September 22 at 3:49 PM
News IconAnalysts Valuations For Two Stocks: Abercrombie & Fitch Co. (NYSE:ANF), Banc of California Inc (NYSE:BANC) - The Voice Registrar (NYSE:BANC)
voiceregistrar.com - September 22 at 9:35 AM
News IconActive Runner - Banc of California, Inc.'s (BANC) - Hot Stocks Point (NYSE:BANC)
www.hotstockspoint.com - September 22 at 9:35 AM
wsj.com logoCFO Moves: Kemper, Banc of California, Tatts, AirAsia - Wall Street Journal (blog) (NYSE:BANC)
blogs.wsj.com - September 21 at 4:37 PM
News IconAnalysts Take: Banc of California, Inc. (NYSE:BANC) Projected Earnings & Price Targets - Frisco Fastball (NYSE:BANC)
friscofastball.com - September 21 at 7:29 AM
seekingalpha.com logoJames McKinney to step down as Banc CFO - Seeking Alpha (NYSE:BANC)
seekingalpha.com - September 21 at 7:29 AM
stocksdaily.net logoBanc of California, Inc. (NYSE:BANC) Had $157.624 In Cash And ... - Stocks Daily (NYSE:BANC)
www.stocksdaily.net - September 20 at 3:43 PM
reuters.com logoBRIEF-Banc of California Inc is consolidating its office of finance organi... - Reuters (NYSE:BANC)
in.reuters.com - September 20 at 3:43 PM
bloomberg.com logoBanc of California CFO Resigns After Less Than Year on Job - Bloomberg (NYSE:BANC)
www.bloomberg.com - September 20 at 3:43 PM
bloomberg.com logoBanc of California CFO Resigns After Less Than Year on Job (NYSE:BANC)
www.bloomberg.com - September 20 at 3:43 PM
reuters.com logoBRIEF-JPMorgan China Region Fund to suspend potential merger negotiations (NYSE:BANC)
www.reuters.com - September 20 at 9:40 AM
4-traders.com logoBANC OF CALIFORNIA, INC. : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K) (NYSE:BANC)
www.4-traders.com - September 20 at 9:40 AM
biz.yahoo.com logoBANC OF CALIFORNIA, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhi (NYSE:BANC)
biz.yahoo.com - September 20 at 9:40 AM
publicnow.com logoBanc of California To Consolidate Its Office of Finance (NYSE:BANC)
www.publicnow.com - September 20 at 9:40 AM
News IconBANC November 18th Options Begin Trading (NYSE:BANC)
www.stockoptionschannel.com - September 19 at 4:39 PM
stocksdaily.net logoBanc of California, Inc. (NYSE:BANC) Had $157.624 In Cash And Short-Term Investments (NYSE:BANC)
www.stocksdaily.net - September 19 at 4:39 PM
prnewswire.com logoHow These Pacific Banks Stocks are Performing? -- Zions, Western Alliance, Banc of California, and CVB Financial - PR Newswire (press release) (NYSE:BANC)
www.prnewswire.com - September 19 at 8:32 AM
4-traders.com logoBanc of California : CEO Addresses Los Angeles Rams "Kickoff for Charity" Luncheon (NYSE:BANC)
www.4-traders.com - September 16 at 8:40 AM
stocksdaily.net logoBanc of California, Inc. (NYSE:BANC) Held $157.624 In Cash And Short-Term Investments (NYSE:BANC)
www.stocksdaily.net - September 14 at 8:57 PM
nasdaq.com logoBanc of California, Inc. (BANC) Ex-Dividend Date Scheduled for September 13, 2016 - Nasdaq (NYSE:BANC)
www.nasdaq.com - September 14 at 3:45 PM
prnewswire.com logoFortune Magazine Names Banc of California to List of 100 Fastest Growing Companies - PR Newswire (press release) (NYSE:BANC)
www.prnewswire.com - September 14 at 3:45 PM
publicnow.com logoFortune Magazine Names Banc of California to List of 100 Fastest Growing Companies (NYSE:BANC)
www.publicnow.com - September 14 at 3:45 PM
reuters.com logoBRIEF-PL Capital Group's Richard Lashley sent letter to Steven Sugarman CEO of Banc Of California (NYSE:BANC)
www.reuters.com - September 13 at 8:35 AM
investornewswire.com logoExpected For Banc of California, Inc. (NYSE:BANC) Sales Of $619.718 - Investor Newswire (NYSE:BANC)
www.investornewswire.com - September 12 at 3:41 PM
News IconEarnings Analysis & Update for Banc of California, Inc. (NYSE:BANC)? - Frisco Fastball (NYSE:BANC)
friscofastball.com - September 12 at 3:41 PM
prnewswire.com logoBanc of California Nominated for Best Proxy Statement Award - PR Newswire (press release) (NYSE:BANC)
www.prnewswire.com - September 12 at 3:41 PM
publicnow.com logoBanc of California Nominated for Best Proxy Statement Award (NYSE:BANC)
www.publicnow.com - September 12 at 3:41 PM
News IconThe Sell-side Consensus is in on Banc of California, Inc. (NYSE:BANC); Earnings & Target Updates - National Daily Press (NYSE:BANC)
www.nationaldailypress.com - September 9 at 8:32 AM
streetinsider.com logoBanc of California (BANC) to Present at Upcoming Conference; Boosts FY16 Tot. Assets Outlook (NYSE:BANC)
www.streetinsider.com - September 8 at 8:55 AM
News IconStock Trading Above Moving Averages: Banc of California, Inc. (NYSE:BANC) - Post News (NYSE:BANC)
www.kentuckypostnews.com - September 7 at 3:45 PM
prnewswire.com logoBanc of California to Present Upgraded Guidance at Raymond James Bank Conference - PR Newswire (press release) (NYSE:BANC)
www.prnewswire.com - September 7 at 3:45 PM
prnewswire.com logoBanc of California CEO Addresses Los Angeles Rams "Kickoff for Charity" Luncheon - PR Newswire (press release) (NYSE:BANC)
www.prnewswire.com - September 7 at 11:35 AM
News IconTrending Financial Stocks - Banc of California Inc (NYSE:BANC), MarketAxess Holdings Inc. (NASDAQ:MKTX) - Investors News (press release) (NYSE:BANC)
newsemerging.com - September 6 at 8:50 PM
News IconBanc of California, Inc. (NYSE:BANC): What is the Sell-side Making of this Stock? - Post News (NYSE:BANC)
www.kentuckypostnews.com - September 6 at 3:46 PM
capitalcube.com logoETF’s with exposure to Banc of California, Inc. : September 6, 2016 (NYSE:BANC)
www.capitalcube.com - September 6 at 3:46 PM
stocksdaily.net logoBanc of California, Inc. (NYSE:BANC) CFF Stands At $2226.718 Millions - Stocks Daily (NYSE:BANC)
www.stocksdaily.net - September 5 at 3:41 PM
fidaily.com logoStock is down at $22.25 (BANC) Banc of California Named Official… (NYSE:BANC)
www.fidaily.com - September 2 at 4:29 PM
realistinvestor.com logoBanc of California, Inc. (NYSE:BANC) Is Expected To Post EPS Of $0.51 - RealistInvestor.com (NYSE:BANC)
www.realistinvestor.com - September 2 at 8:26 AM
prnewswire.com logoBanc of California Named Official Banking Partner of the Los Angeles Rams Foundation - PR Newswire (press release) (NYSE:BANC)
www.prnewswire.com - September 2 at 8:26 AM
publicnow.com logoBanc of California Named Official Banking Partner of the Los Angeles Rams Foundation (NYSE:BANC)
www.publicnow.com - September 2 at 8:26 AM
News IconCrowd is Weighing in on Banc of California, Inc. (NYSE:BANC) - Post News (NYSE:BANC)
www.kentuckypostnews.com - August 30 at 9:24 AM
News IconShares Holding Above Moving Averages: Banc of California, Inc. (NYSE:BANC) - Post News (NYSE:BANC)
www.kentuckypostnews.com - August 30 at 9:24 AM
streetinsider.com logoForm 8-K BANC OF CALIFORNIA, INC. For: Aug 23 - StreetInsider.com (NYSE:BANC)
www.streetinsider.com - August 30 at 9:24 AM
stocksdaily.net logoBanc of California, Inc. (NYSE:BANC) Held $157.624 In Cash And Short-Term Investments - Stocks Daily (NYSE:BANC)
www.stocksdaily.net - August 30 at 9:24 AM
biz.yahoo.com logoBANC OF CALIFORNIA, INC. Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:BANC)
biz.yahoo.com - August 29 at 4:19 PM
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

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Banc of California (NYSE:BANC) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff