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

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$15.04 +0.19 (+1.28 %)
(As of 01/18/2019 01:58 PM ET)
Previous Close$14.85
Today's Range$14.88 - $15.10
52-Week Range$12.22 - $21.83
Volume9,045 shs
Average Volume549,981 shs
Market Capitalization$746.10 million
P/E Ratio18.35
Dividend Yield3.53%
Beta1.21
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's deposits consist of checking, savings, money market, retirement, and interest and non-interest bearing demand accounts, as well as certificates of deposit; and commercial and consumer loan products include commercial and industrial loans, commercial real estate loans, multi-family loans, small business administration (SBA) guaranteed business 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, home equity loans, and other consumer loans. It also invests in SBA loan pool securities, mortgage-backed securities, corporate bonds, and collateralized loan obligations. In addition, the company offers automated bill payment, cash and treasury management, foreign exchange, interest rate swaps, card payment services, remote and mobile deposit capture, ACH origination, wire transfer, direct deposit services, and safe deposit boxes, as well as Internet banking services. As of December 31, 2017, it operated 34 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$501.02 million
Cash Flow$1.4645 per share
Book Value$14.67 per share

Profitability

Net Income$57.70 million

Miscellaneous

Employees738
Market Cap$746.10 million
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 declared a quarterly dividend on Thursday, November 15th. Investors of record on Monday, December 17th will be given a dividend of $0.13 per share on Wednesday, January 2nd. This represents a $0.52 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend is Friday, December 14th. View Banc of California's Dividend History.

How were Banc of California's earnings last quarter?

Banc of California Inc (NYSE:BANC) issued its quarterly earnings results on Thursday, October, 25th. The bank reported $0.22 EPS for the quarter, beating the Zacks' consensus estimate of $0.21 by $0.01. The bank earned $76.02 million during the quarter, compared to analysts' expectations of $78.99 million. Banc of California had a net margin of 10.47% and a return on equity of 8.38%. 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, January 24th 2019. View Earnings Estimates for Banc of California.

How can I listen to Banc of California's earnings call?

Banc of California will be holding an earnings conference call on Thursday, January 24th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883176003.

What price target have analysts set for BANC?

5 analysts have issued 12 month price targets for Banc of California's stock. Their predictions range from $15.00 to $25.00. On average, they anticipate Banc of California's share price to reach $19.75 in the next twelve months. This suggests a possible upside of 31.3% from the stock's current price. View Analyst Price Targets for Banc of California.

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

5 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 2 buy ratings 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?

News coverage about BANC stock has been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Banc of California earned a media sentiment score of 1.6 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future.

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

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 60)
  • Mr. John A. Bogler CPA, CFA, Exec. VP, CFO & Interim Principal Accounting Officer (Age 52)
  • Mr. Hugh F. Boyle, Chief Risk Officer (Age 58)
  • Mr. John C. Grosvenor Esq., J.D., Gen. Counsel Emeritus (Age 68)
  • Ms. Angelee J. Harris, Exec. VP & Gen. Counsel (Age 48)

Who are Banc of California's major shareholders?

Banc of California's stock is owned by many different of retail and institutional investors. Top institutional investors include Skyline Asset Management LP (1.93%), Peregrine Capital Management LLC (1.01%), Hennessy Advisors Inc. (0.56%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Banc of California stock include Barbara Fallon-Walsh, Douglas H Bowers, Geoffrey Balderson, Jeffrey T Seabold, 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 major 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, Hennessy Advisors Inc. and Louisiana State Employees Retirement System. 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 major investors are buying Banc of California stock?

BANC stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management 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 $15.04.

How big of a company is Banc of California?

Banc of California has a market capitalization of $746.10 million and generates $501.02 million in revenue each year. The bank earns $57.70 million in net income (profit) each year or $0.82 on an earnings per share basis. Banc of California employs 738 workers across the globe.

What is Banc of California's official website?

The official website for Banc of California is http://www.bancinc.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:  247 (Vote Outperform)
Underperform Votes:  275 (Vote Underperform)
Total Votes:  522
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 1/18/2019 by MarketBeat.com Staff

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