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

$14.77
+0.50 (+3.50 %)
(As of 08/19/2019 02:30 AM ET)
Today's Range
$14.24
Now: $14.77
$14.85
50-Day Range
$13.67
MA: $14.33
$15.85
52-Week Range
$12.22
Now: $14.77
$20.31
Volume271,200 shs
Average Volume418,282 shs
Market Capitalization$751.50 million
P/E Ratio30.14
Dividend Yield1.68%
Beta1.31
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. Read More…

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$1.2722 per share
Book Value$14.40 per share

Profitability

Net Income$45.47 million

Miscellaneous

Employees730
Market Cap$751.50 million
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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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 Wednesday, May 15th. Stockholders of record on Monday, June 17th will be paid a dividend of $0.06 per share on Monday, July 1st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Friday, June 14th. View Banc of California's Dividend History.

How were Banc of California's earnings last quarter?

Banc of California Inc (NYSE:BANC) posted its quarterly earnings results on Thursday, July, 25th. The bank reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.05. The bank had revenue of $62.49 million for the quarter, compared to analyst estimates of $73.09 million. Banc of California had a net margin of 10.28% and a return on equity of 7.94%. During the same quarter in the prior year, the company earned $0.16 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, October 24th 2019. View Earnings Estimates for Banc of California.

What price target have analysts set for BANC?

3 analysts have issued twelve-month price objectives for Banc of California's stock. Their predictions range from $14.00 to $20.00. On average, they anticipate Banc of California's stock price to reach $17.00 in the next year. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Price Targets for Banc of California.

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banc of California in the last year. There are currently 2 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 headlines about BANC stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. 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 coverage optimism score of -2.3 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Banc of California.

Are investors shorting Banc of California?

Banc of California saw a decline in short interest in July. As of July 31st, there was short interest totalling 3,610,200 shares, a decline of 8.5% from the June 30th total of 3,944,200 shares. Based on an average trading volume of 343,300 shares, the days-to-cover ratio is presently 10.5 days. Currently, 7.7% 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 General Electric (Ge), Ford Motor (F), Twilio (TWLO), American Airlines Group (AAL), Cisco Systems (CSCO), Bristol-Myers Squibb (BMY), AT&T (T), 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 variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.15%), Vanguard Group Inc. (5.78%), Investment Counselors of Maryland LLC (2.87%), Prudential PLC (1.69%), William Blair Investment Management LLC (1.59%) and Royal Bank of Canada (1.43%). 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 major investors are selling Banc of California stock?

BANC stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Prudential PLC, Second Curve Capital LLC, Wells Fargo & Company MN, Deprince Race & Zollo Inc., Russell Investments Group Ltd., Bank of America Corp DE and Maltese Capital Management LLC. View Insider Buying and Selling for Banc of California.

Which major investors are buying Banc of California stock?

BANC stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, Foundry Partners LLC, Morgan Stanley, William Blair Investment Management LLC, Investment Counselors of Maryland LLC, BlackRock Inc. and Hennessy Advisors Inc.. 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 $14.77.

How big of a company is Banc of California?

Banc of California has a market capitalization of $751.50 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.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]


MarketBeat Community Rating for Banc of California (NYSE BANC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  262 (Vote Outperform)
Underperform Votes:  289 (Vote Underperform)
Total Votes:  551
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 8/19/2019 by MarketBeat.com Staff

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