Log in

NYSE:BANCBanc of California Stock Price, Forecast & News

$6.55
-0.61 (-8.52 %)
(As of 04/5/2020 04:00 PM ET)
Add
Compare
Today's Range
$6.44
Now: $6.55
$7.23
50-Day Range
$6.55
MA: $12.70
$17.16
52-Week Range
$6.44
Now: $6.55
$19.12
Volume416,141 shs
Average Volume596,470 shs
Market Capitalization$333.40 million
P/E Ratio218.33
Dividend Yield3.35%
Beta1.79
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.
Read More
Banc of California logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.05 out of 5 stars


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$403.23 million
Cash Flow$1.45 per share
Book Value$14.10 per share

Profitability

Net Income$23.76 million

Miscellaneous

Employees730
Market Cap$333.40 million
Next Earnings Date4/28/2020 (Estimated)
OptionableOptionable

Receive BANC News and Ratings via Email

Sign-up to receive the latest news and ratings for BANC and its competitors with MarketBeat's FREE daily newsletter.


Banc of California (NYSE:BANC) Frequently Asked Questions

How has Banc of California's stock been impacted by COVID-19 (Coronavirus)?

Banc of California's stock was trading at $11.90 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BANC stock has decreased by 45.0% and is now trading at $6.55. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Banc of California.

When is Banc of California's next earnings date?

Banc of California is scheduled to release its next quarterly earnings announcement on Tuesday, April 28th 2020. View our earnings forecast for Banc of California.

How were Banc of California's earnings last quarter?

Banc of California Inc (NYSE:BANC) released its earnings results on Thursday, January, 23rd. The bank reported $0.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.17 by $0.03. The bank had revenue of $61.59 million for the quarter, compared to the consensus estimate of $65.54 million. Banc of California had a return on equity of 8.62% and a net margin of 5.89%. During the same period in the previous year, the business posted $0.13 earnings per share. View Banc of California's earnings history.

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 Monday, February 10th. Stockholders of record on Monday, March 16th will be given a dividend of $0.06 per share on Wednesday, April 1st. This represents a $0.24 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date is Friday, March 13th. View Banc of California's dividend history.

What price target have analysts set for BANC?

4 brokerages have issued 12 month price objectives for Banc of California's stock. Their forecasts range from $6.00 to $13.00. On average, they anticipate Banc of California's stock price to reach $9.50 in the next twelve months. This suggests a possible upside of 45.0% from the stock's current price. View analysts' price targets for Banc of California.

Has Banc of California been receiving favorable news coverage?

News headlines about BANC stock have trended very negative recently, InfoTrie reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news 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 coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutBanc of California.

Are investors shorting Banc of California?

Banc of California saw a drop in short interest in the month of March. As of March 13th, there was short interest totaling 3,116,400 shares, a drop of 22.3% from the February 27th total of 4,010,000 shares. Based on an average daily volume of 367,300 shares, the days-to-cover ratio is presently 8.5 days. Currently, 6.5% of the company's shares are sold short. View Banc of California's Current Options Chain.

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 Ford Motor (F), American Airlines Group (AAL), General Electric (Ge), Snap (SNAP), AT&T (T), AbbVie (ABBV), Twilio (TWLO), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and FireEye (FEYE).

Who are Banc of California's key executives?

Banc of California's management team includes the following 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)

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 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, Robinhood, Fidelity, and Charles Schwab.

What is Banc of California's stock price today?

One share of BANC stock can currently be purchased for approximately $6.55.

How big of a company is Banc of California?

Banc of California has a market capitalization of $333.40 million and generates $403.23 million in revenue each year. The bank earns $23.76 million in net income (profit) each year or $0.79 on an earnings per share basis. Banc of California employs 730 workers across the globe. View additional information about Banc of California.

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]

This page was last updated on 4/5/2020 by MarketBeat.com Staff

Featured Article: Channel Trading

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel