NYSE:BANC - Banc of California Stock Price, Price Target & More

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$19.30 +0.05 (+0.26 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$19.25
Today's Range$19.15 - $19.50
52-Week Range$17.10 - $23.40
Volume417,700 shs
Average Volume595,371 shs
Market Capitalization$978.99 million
P/E Ratio23.54
Dividend Yield2.69%
Beta0.87
Banc of California logoBanc 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

Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
SymbolNYSE:BANC
CUSIP33589V10
Phone855-361-2262

Debt

Debt-to-Equity Ratio2.87
Current Ratio1.01
Quick Ratio1.01

Price-To-Earnings

Trailing P/E Ratio23.54
Forward P/E Ratio28.81
P/E Growth2.34

Sales & Book Value

Annual Sales$501.02 million
Price / Sales1.95
Cash Flow$1.4296 per share
Price / Cash13.50
Book Value$14.67 per share
Price / Book1.32

Profitability

EPS (Most Recent Fiscal Year)$0.82
Net Income$57.70 million
Net Margins11.46%
Return on Equity8.37%
Return on Assets0.60%

Miscellaneous

Employees738
Outstanding Shares50,590,000
Market Cap$978.99

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 Tuesday, May 15th. Stockholders of record on Friday, June 15th will be paid a dividend of $0.13 per share on Monday, July 2nd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date of this dividend is Thursday, June 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 earnings results on Friday, April, 27th. The bank reported $0.05 EPS for the quarter, beating the Zacks' consensus estimate of ($0.06) by $0.11. The bank earned $80.02 million during the quarter, compared to analyst estimates of $78.46 million. Banc of California had a return on equity of 8.37% and a net margin of 11.46%. During the same period in the previous year, the firm earned $0.23 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, 26th 2018. View Earnings Estimates for Banc of California.

What price target have analysts set for BANC?

6 analysts have issued 1 year price targets for Banc of California's stock. Their predictions range from $19.00 to $25.00. On average, they expect Banc of California's stock price to reach $21.40 in the next year. This suggests a possible upside of 10.9% from the stock's current price. View Analyst Ratings for Banc of California.

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banc of California in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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 (Age 52)
  • Mr. Hugh F. Boyle, Chief Risk Officer (Age 58)
  • Mr. Jason Pendergist, Exec. VP & Head of Real Estate Banking (Age 42)
  • Mr. John C. Grosvenor Esq., J.D., Gen. Counsel Emeritus (Age 68)

Has Banc of California been receiving favorable news coverage?

News coverage about BANC stock has trended somewhat positive recently, according to Accern Sentiment. The research firm rates the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Banc of California earned a coverage optimism score of 0.21 on Accern's scale. They also assigned news headlines about the bank an impact score of 46.01 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

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. (1.23%), Hennessy Advisors Inc. (0.71%), Peregrine Capital Management LLC (0.69%), Fisher Asset Management LLC (0.13%), Foundry Partners LLC (0.05%) and Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own Banc of California stock include Douglas H Bowers, Geoffrey Balderson, Jeffrey T Seabold, John A Bogler, John C Grosvenor and Steven Sugarman. 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 Hennessy Advisors Inc., Peregrine Capital Management LLC, Fisher Asset Management LLC, Municipal Employees Retirement System of Michigan and Deprince Race & Zollo Inc.. Company insiders that have sold Banc of California company stock in the last year include Geoffrey Balderson and John C Grosvenor. 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 Cornerstone Wealth Management LLC and Foundry Partners LLC. Company insiders that have bought Banc of California stock in the last two years include Douglas H Bowers, John A Bogler and Steven Sugarman. 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 $19.30.

How big of a company is Banc of California?

Banc of California has a market capitalization of $978.99 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.

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:  2.3 out of 5 (star star)
Outperform Votes:  205 (Vote Outperform)
Underperform Votes:  243 (Vote Underperform)
Total Votes:  448
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 7/20/2018 by MarketBeat.com Staff

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