Banc of California Stock Price, News & Analysis (NYSE:BANC) $12.32 +0.76 (+6.57%) (As of 12:15 PM ET) Add Compare Share Share Today's Range$11.56▼$12.4850-Day Range$10.73▼$12.8252-Week Range$9.72▼$18.26Volume2.07 million shsAverage Volume1.11 million shsMarket Capitalization$707.66 millionP/E Ratio7.04Dividend Yield3.25%Price Target$16.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Banc of California MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside41.8% Upside$16.75 Price TargetShort InterestBearish17.71% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.50Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth64.89%From $0.94 to $1.55 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.89 out of 5 starsFinance Sector69th out of 878 stocksNational Commercial Banks Industry11th out of 85 stocks 3.0 Analyst's Opinion Consensus RatingBanc of California has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.75, Banc of California has a forecasted upside of 41.8% from its current price of $11.81.Amount of Analyst CoverageBanc of California has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted17.71% of the outstanding shares of Banc of California have been sold short.Short Interest Ratio / Days to CoverBanc of California has a short interest ratio ("days to cover") of 6.Change versus previous monthShort interest in Banc of California has recently decreased by 2.49%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldBanc of California pays a meaningful dividend of 3.38%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBanc of California has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Banc of California is 22.86%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Banc of California will have a dividend payout ratio of 25.81% next year. This indicates that Banc of California will be able to sustain or increase its dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBanc of California has received a 36.38% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Wire transfer services", "Home equity loans", "Mortgages provided by brick and mortar banks", "Debit cards", and "Consumer savings accounts provided by brick and mortar banks" products. See details.Environmental SustainabilityThe Environmental Impact score for Banc of California is -0.50. Previous Next 2.9 News and Social Media Coverage News SentimentBanc of California has a news sentiment score of 1.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Banc of California this week, compared to 4 articles on an average week.Search Interest2 people have searched for BANC on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Banc of California to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Banc of California insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.37% of the stock of Banc of California is held by insiders.Percentage Held by Institutions88.55% of the stock of Banc of California is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Banc of California are expected to grow by 64.89% in the coming year, from $0.94 to $1.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Banc of California is 6.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Banc of California is 6.75, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.57.Price to Book Value per Share RatioBanc of California has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Banc of California Stock (NYSE:BANC)Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking and financial products and services in the United States. The company offers deposit products, including interest-bearing and noninterest-bearing demand, checking, savings, and money market deposits accounts; certificate of deposits; and retirement accounts and safe deposit boxes. It also provides various commercial and consumer loan products, such as commercial and industrial loans; commercial real estate and multifamily loans; construction loans; single family residential mortgage loans; warehouse and indirect/direct leveraged lending; home equity lines of credit; small business administration loans; and consumer loans comprising lines of credit and term loans, as well as and other consumer loans, including automobile loans. In addition, the company offers automated bill payment, cash and treasury management, foreign exchange, interest rate swaps, card payment, remote and mobile deposit capture, automated clearing house origination, wire transfer, direct deposit, and internet banking services; and master demand accounts. Further, it invests in agency securities, municipal bonds, agency residential mortgage-backed securities, and corporate debt securities. The company was formerly known as First PacTrust Bancorp, Inc. and changed its name to Banc of California, Inc. in July 2013. Banc of California, Inc. was founded in 1941 and is headquartered in Santa Ana, California.Read More BANC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BANC Stock News HeadlinesNovember 28, 2023 | finance.yahoo.comFirst Busey (BUSE) to Acquire Merchants & Manufacturers BankNovember 23, 2023 | finance.yahoo.comPacWest (PACW)-Banc of California (BANC) Deal Gets Shareholder NodDecember 1, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 10, 2023 | msn.comBanc of California maintains quarterly dividend of $0.10October 27, 2023 | finance.yahoo.comEarnings growth of 6.5% over 5 years hasn't been enough to translate into positive returns for Banc of California (NYSE:BANC) shareholdersOctober 26, 2023 | markets.businessinsider.comBanc Of California Q3 Profit Rises - Quick FactsOctober 26, 2023 | finance.yahoo.comBanc of California Announces Appointments of Four Directors to its Board of Directors in Connection with its Merger with PacWest BancorpOctober 25, 2023 | msn.comHarborOne Bancorp (HONE) Tops Q3 Earnings and Revenue EstimatesDecember 1, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.October 25, 2023 | markets.businessinsider.comAnalysts Conflicted on These Financial Names: Ares Capital (ARCC), Banc of California (BANC) and Visa (V)October 25, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Financial Companies: Banc of California (BANC), Ares Capital (ARCC) and TransUnion (TRU)October 25, 2023 | finance.yahoo.comBanc of California, Inc. (NYSE:BANC) Q3 2023 Earnings Call TranscriptOctober 25, 2023 | finance.yahoo.comQ3 2023 Banc of California Inc Earnings CallOctober 24, 2023 | seekingalpha.comPacWest, Banc of California stocks drop after posting Q3 earningsOctober 24, 2023 | markets.businessinsider.comRTX Corporation Q3 Earnings SummaryOctober 24, 2023 | bloomberg.comBanc of California Sees Deposits Unexpectedly Drop in QuarterOctober 24, 2023 | finance.yahoo.comBanc of California (BANC) Q3 Earnings Lag EstimatesOctober 24, 2023 | finance.yahoo.comBanc of California (BANC) Reports Q3 Earnings: What Key Metrics Have to SayOctober 24, 2023 | finance.yahoo.comPacWest Bancorp (PACW) Q3 2023 Earnings: A Mixed Bag Amid Merger PlansOctober 24, 2023 | msn.comBanc of California reports Q3 resultsOctober 24, 2023 | finance.yahoo.comBanc of California Reports Net Income of $42.6 million, with Stable Deposit Mix and Improved Net Interest Margin in Third Quarter 2023 Financial ResultsOctober 23, 2023 | msn.comBanc of California Q3 2023 Earnings PreviewOctober 20, 2023 | msn.comThe Making of a Mortgage Giant. Loopholes and NonprofitsOctober 20, 2023 | finance.yahoo.comThe Making of a Mortgage Giant. How a Nonprofit Leader Opened the Door to a Massive Loophole.October 11, 2023 | markets.businessinsider.comWells Fargo Sticks to Its Hold Rating for Banc of California (BANC)October 9, 2023 | msn.comHalsey and Catherine O'Hara to Alternate as Sally in ‘Nightmare Before Christmas' Production at Hollywood BowlOctober 5, 2023 | markets.businessinsider.comWells Fargo Analyst Downgrades ASB, BANC, FIBK, FHN Citing Interest Rate Pressures And Credit RisksSee More Headlines Receive BANC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Banc of California and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 10/2 Dividend9/14/2023Dividend Payable10/02/2023Last Earnings10/24/2023Today12/01/2023Ex-Dividend for 1/2 Dividend12/14/2023Fiscal Year End12/31/2023Dividend Payable1/02/2024Next Earnings (Estimated)1/18/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry National commercial banks Sub-IndustryThrifts & Mortgage Finance SectorFinance Current SymbolNYSE:BANC Previous SymbolNASDAQ:FPTB CUSIP33589V10 CIK1169770 Webwww.bancofcal.com Phone(855) 361-2262Fax619-691-1350Employees685Year Founded1941Price Target and Rating Average Stock Price Target$16.75 High Stock Price Target$21.50 Low Stock Price Target$13.50 Potential Upside/Downside+41.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.75 Trailing P/E Ratio6.75 Forward P/E Ratio12.57 P/E GrowthN/ANet Income$120.94 million Net Margins20.18% Pretax Margin27.97% Return on Equity8.65% Return on Assets0.89% Debt Debt-to-Equity Ratio1.28 Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$390.12 million Price / Sales1.74 Cash Flow$2.57 per share Price / Cash Flow4.60 Book Value$17.44 per share Price / Book0.68Miscellaneous Outstanding Shares57,440,000Free Float53,210,000Market Cap$678.94 million OptionableOptionable Beta1.24 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Jared M. Wolff (Age 53)President, CEO & Chairman Comp: $1.73MMr. Ido Dotan J.D. (Age 42)Executive VP, General Counsel, Corporate Secretary & Chief Administrative Officer Comp: $634.18kMr. Robert G. Dyck (Age 66)Senior Executive VP & Chief Credit Officer Comp: $557.54kMr. Hamid HussainPresidentMr. Joseph KauderExecutive VP & CFOMr. John K. Sotoodeh (Age 52)Chief Operating Officer Mr. Raymond J. Rindone (Age 52)Executive VP, Chief Accounting Officer & Deputy CFO Mr. Alex KweskinExecutive VP & Chief Human Resources OfficerMs. Debbie Dahl-AmundsonExecutive VP & Chief Internal Audit OfficerMr. Guillaume De ChalendarSenior VP & Head of Media & EntertainmentMore ExecutivesKey CompetitorsDime Community BancsharesNASDAQ:DCOMOceanFirst FinancialNASDAQ:OCFCNorthwest BancsharesNASDAQ:NWBIWaFdNASDAQ:WAFDWSFS FinancialNASDAQ:WSFSView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 68,758 shares on 11/30/2023Ownership: 0.914%Deutsche Bank AGBought 3,918 shares on 11/24/2023Ownership: 0.052%Public Sector Pension Investment BoardSold 30,310 shares on 11/22/2023Ownership: 0.113%Comerica BankBought 27,567 shares on 11/21/2023Ownership: 0.048%Jacobs Levy Equity Management Inc.Bought 16,512 shares on 11/17/2023Ownership: 0.243%View All Insider TransactionsView All Institutional Transactions BANC Stock Analysis - Frequently Asked Questions Should I buy or sell Banc of California stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banc of California in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BANC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BANC, but not buy additional shares or sell existing shares. View BANC analyst ratings or view top-rated stocks. What is Banc of California's stock price target for 2024? 2 brokerages have issued 12 month price objectives for Banc of California's shares. Their BANC share price targets range from $13.50 to $21.50. On average, they expect the company's share price to reach $16.75 in the next year. This suggests a possible upside of 41.8% from the stock's current price. View analysts price targets for BANC or view top-rated stocks among Wall Street analysts. How have BANC shares performed in 2023? Banc of California's stock was trading at $15.93 on January 1st, 2023. Since then, BANC shares have decreased by 25.9% and is now trading at $11.81. View the best growth stocks for 2023 here. Are investors shorting Banc of California? Banc of California saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 10,430,000 shares, an increase of 48.8% from the October 15th total of 7,010,000 shares. Based on an average trading volume of 1,670,000 shares, the days-to-cover ratio is currently 6.2 days. View Banc of California's Short Interest. When is Banc of California's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, January 18th 2024. View our BANC earnings forecast. How were Banc of California's earnings last quarter? Banc of California, Inc. (NYSE:BANC) released its earnings results on Tuesday, October, 24th. The bank reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.01. The bank earned $120 million during the quarter, compared to analyst estimates of $76.84 million. Banc of California had a net margin of 20.18% and a trailing twelve-month return on equity of 8.65%. During the same period last year, the company earned $0.44 earnings per share. How often does Banc of California pay dividends? What is the dividend yield for Banc of California? Banc of California announced a quarterly dividend on Friday, November 10th. Investors of record on Friday, December 15th will be given a dividend of $0.10 per share on Tuesday, January 2nd. This represents a $0.40 annualized dividend and a dividend yield of 3.39%. The ex-dividend date is Thursday, December 14th. Read our dividend analysis for BANC. Is Banc of California a good dividend stock? Banc of California (NYSE:BANC) pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.38%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BANC will have a dividend payout ratio of 25.81% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BANC. What is Jared Wolff's approval rating as Banc of California's CEO? 26 employees have rated Banc of California Chief Executive Officer Jared Wolff on Glassdoor.com. Jared Wolff has an approval rating of 82% among the company's employees. What other stocks do shareholders of Banc of California own? Based on aggregate information from My MarketBeat watchlists, some companies that other Banc of California investors own include American Airlines Group (AAL), Ford Motor (F), AbbVie (ABBV), Bristol-Myers Squibb (BMY), General Electric (GE), AT&T (T), Twilio (TWLO), Gilead Sciences (GILD), Pfizer (PFE) and Wells Fargo & Company (WFC). Who are Banc of California's major shareholders? Banc of California's stock is owned by a variety of retail and institutional investors. Top institutional investors include Patriot Financial Partners GP LP (3.31%), Victory Capital Management Inc. (3.27%), William Blair Investment Management LLC (3.22%), Kennedy Capital Management LLC (3.16%), Endeavour Capital Advisors Inc. (2.58%) and LSV Asset Management (1.38%). Insiders that own company stock include James Andrew Barker, Jared M Wolff, Jared M Wolff, Joseph J Rice, Mary A Curran and Robert D Sznewajs. View institutional ownership trends. How do I buy shares of Banc of California? Shares of BANC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:BANC) was last updated on 12/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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