NYSE:BANC - Banc of California Stock Price, News, & Analysis

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$14.26 +0.03 (+0.21 %)
(As of 04/26/2019 11:49 AM ET)
Previous Close$14.23
Today's Range$14.19 - $14.37
52-Week Range$12.22 - $20.45
Volume4,935 shs
Average Volume461,639 shs
Market Capitalization$722.37 million
P/E Ratio29.00
Dividend Yield3.61%
Beta1.25
Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. The company offers deposit products, including checking, savings, money market, retirement, and interest and noninterest-bearing demand accounts, as well as certificates of deposits. It also provides various commercial and consumer loan products, such as commercial and industrial loans; commercial real estate loans; multifamily loans; construction and renovation loans; single family residential mortgage loans; warehouse loans; asset, insurance, or security-backed loans; home equity lines of credit; consumer and business lines of credit; small business administration loans; and other consumer loans. In addition, the company offers automated bill payment, cash and treasury management, foreign exchange, card payment, remote and mobile deposit capture, automated clearing house origination, wire transfer, direct deposit, and Internet banking services; and master demand accounts, interest rate swaps, and safe deposit boxes. As of December 31, 2018, it operated 32 full service branches in San Diego, Orange, Santa Barbara, and Los Angeles counties in California. 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.

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Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Previous SymbolNASDAQ:FPTB
CUSIP33589V10
Phone855-361-2262

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$446.71 million
Cash Flow$1.1973 per share
Book Value$14.16 per share

Profitability

Net Income$45.47 million

Miscellaneous

Employees730
Market Cap$722.37 million
Next Earnings Date7/25/2019 (Estimated)
OptionableOptionable

Banc of California (NYSE:BANC) Frequently Asked Questions

What is Banc of California's stock symbol?

Banc of California trades on the New York Stock Exchange (NYSE) under the ticker symbol "BANC."

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, February 15th. Investors of record on Friday, March 15th will be given a dividend of $0.13 per share on Monday, April 1st. This represents a $0.52 dividend on an annualized basis and a yield of 3.65%. The ex-dividend date of this dividend is Thursday, March 14th. View Banc of California's Dividend History.

How were Banc of California's earnings last quarter?

Banc of California Inc (NYSE:BANC) released its quarterly earnings data on Tuesday, April, 23rd. The bank reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by $0.19. The bank had revenue of $74.10 million for the quarter, compared to the consensus estimate of $75.56 million. Banc of California had a net margin of 9.63% and a return on equity of 7.52%. During the same period in the prior year, the business earned $0.06 earnings per share. View Banc of California's Earnings History.

When is Banc of California's next earnings date?

Banc of California is scheduled to release their next quarterly earnings announcement on Thursday, July 25th 2019. View Earnings Estimates for Banc of California.

What price target have analysts set for BANC?

4 equities research analysts have issued 1 year target prices for Banc of California's shares. Their predictions range from $14.00 to $20.00. On average, they expect Banc of California's share price to reach $17.00 in the next year. This suggests a possible upside of 19.2% from the stock's current price. View Analyst Price Targets for Banc of California.

What is the consensus analysts' recommendation for Banc of California?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banc of California in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Banc of California.

Has Banc of California been receiving favorable news coverage?

Media stories about BANC stock have trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Banc of California earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the near future.

Who are some of Banc of California's key competitors?

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 General Electric (Ge), AT&T (T), Cisco Systems (CSCO), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Twilio (TWLO), American Airlines Group (AAL), Applied Materials (AMAT), Advanced Micro Devices (AMD) and Intel (INTC).

Who are Banc of California's key executives?

Banc of California's management team includes the folowing people:
  • Mr. Douglas H. Bowers, Pres, CEO & Director (Age 61)
  • Mr. John A. Bogler CPA, CFA, Exec. VP & CFO (Age 53)
  • Mr. Hugh F. Boyle, Chief Risk Officer (Age 59)
  • Mr. John C. Grosvenor Esq., J.D., Gen. Counsel Emeritus (Age 69)
  • Mr. Mike A. Smith, Sr. VP, Chief Accounting Officer & Director of Treasury (Age 52)

Who are Banc of California's major shareholders?

Banc of California's stock is owned by a number of of retail and institutional investors. Top institutional investors include Deprince Race & Zollo Inc. (1.33%), Smith Graham & Co. Investment Advisors LP (1.12%), Skyline Asset Management LP (0.91%), Hennessy Advisors Inc. (0.69%), Pennsylvania Trust Co (0.63%) and Pennsylvania Trust Co (0.63%). Company insiders that own Banc of California stock include Barbara Fallon-Walsh, Douglas H Bowers, Geoffrey Balderson, John A Bogler, John C Grosvenor, Mary A Curran, Michael Alan Smith and W Kirk Wycoff. View Institutional Ownership Trends for Banc of California.

Which institutional investors are selling Banc of California stock?

BANC stock was sold by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, Peregrine Capital Management LLC and Deprince Race & Zollo Inc.. Company insiders that have sold Banc of California company stock in the last year include John C Grosvenor and W Kirk Wycoff. View Insider Buying and Selling for Banc of California.

Which institutional investors are buying Banc of California stock?

BANC stock was purchased by a variety of institutional investors in the last quarter, including Pennsylvania Trust Co, Pennsylvania Trust Co, Hennessy Advisors Inc., Sippican Capital Advisors, Smith Graham & Co. Investment Advisors LP, BNP Paribas Arbitrage SA and Legacy Advisors LLC. Company insiders that have bought Banc of California stock in the last two years include Barbara Fallon-Walsh, Douglas H Bowers, John A Bogler, Mary A Curran and Michael Alan Smith. View Insider Buying and Selling for Banc of California.

How do I buy shares of Banc of California?

Shares of BANC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Banc of California's stock price today?

One share of BANC stock can currently be purchased for approximately $14.26.

How big of a company is Banc of California?

Banc of California has a market capitalization of $722.37 million and generates $446.71 million in revenue each year. The bank earns $45.47 million in net income (profit) each year or $0.49 on an earnings per share basis. Banc of California employs 730 workers across the globe.

What is Banc of California's official website?

The official website for Banc of California is http://www.bancofcal.com.

How can I contact Banc of California?

Banc of California's mailing address is 3 MACARTHUR PLACE, SANTA ANA CA, 92707. The bank can be reached via phone at 855-361-2262 or via email at [email protected]


MarketBeat Community Rating for Banc of California (NYSE BANC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  254 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  535
MarketBeat's community ratings are surveys of what our community members think about Banc of California and other stocks. Vote "Outperform" if you believe BANC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BANC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/26/2019 by MarketBeat.com Staff

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