S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
NYSE:BANC

Banc of California (BANC) Stock Forecast, Price & News

$18.13
+0.21 (+1.17%)
(As of 05/13/2022 06:40 PM ET)
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Today's Range
$17.87
$18.29
50-Day Range
$17.81
$20.42
52-Week Range
$15.40
$22.09
Volume
283,300 shs
Average Volume
289,858 shs
Market Capitalization
$1.14 billion
P/E Ratio
11.93
Dividend Yield
1.32%
Beta
1.44
30 days | 90 days | 365 days | Advanced Chart
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Banc of California logo

About Banc of California

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-bearing and noninterest-bearing demand accounts, as well as certificate of deposits. It also provides various commercial and consumer loan products, such as commercial and industrial loans; commercial real estate and multifamily loans; construction loans; single family residential mortgage loans; warehouse and indirect/direct leveraged lending; home equity 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. Further, it invests in collateralized loan obligations, agency securities, municipal bonds, agency residential mortgage-backed securities, and corporate debt securities. As of December 31, 2020, the company operated 29 full-service branches in Southern 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.

Headlines

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Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Thrifts & Mortgage Finance
Sector
Finance
Previous Symbol
NASDAQ:FPTB
CUSIP
33589V10
Employees
673
Year Founded
N/A

Sales & Book Value

Annual Sales
$310.59 million
Cash Flow
$1.55 per share
Book Value
$15.63 per share

Profitability

Net Income
$62.35 million
Pretax Margin
40.65%

Debt

Price-To-Earnings

Miscellaneous

Free Float
53,851,000
Market Cap
$1.14 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/1 Dividend
3/14/2022
Dividend Payable
4/01/2022
Last Earnings
4/21/2022
Today
5/16/2022
Ex-Dividend for 7/1 Dividend
6/14/2022
Dividend Payable
7/01/2022
Next Earnings (Estimated)
7/28/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.63 out of 5 stars

Finance Sector

345th out of 1,349 stocks

National Commercial Banks Industry

47th out of 110 stocks

Analyst Opinion: 2.0Community Rank: 4.3Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -













Banc of California (NYSE:BANC) Frequently Asked Questions

Is Banc of California a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banc of California in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Banc of California stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BANC, but not buy additional shares or sell existing shares.
View analyst ratings for Banc of California
or view top-rated stocks.

When is Banc of California's next earnings date?

Banc of California is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022.
View our earnings forecast for Banc of California
.

How were Banc of California's earnings last quarter?

Banc of California, Inc. (NYSE:BANC) posted its quarterly earnings data on Thursday, April, 21st. The bank reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.23. Banc of California had a net margin of 29.44% and a trailing twelve-month return on equity of 12.00%. During the same period last year, the business earned $0.25 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 Friday, May 13th. Investors of record on Wednesday, June 15th will be paid a dividend of $0.06 per share on Friday, July 1st. This represents a $0.24 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Tuesday, June 14th.
View Banc of California's dividend history
.

Is Banc of California a good dividend stock?

Banc of California pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.32%. The dividend payout ratio of Banc of California is 15.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Banc of California will have a dividend payout ratio of 11.76% next year. This indicates that Banc of California will be able to sustain or increase its dividend.
View Banc of California's dividend history.

What price target have analysts set for BANC?

2 brokerages have issued 12-month price objectives for Banc of California's stock. Their forecasts range from $22.00 to $22.00. On average, they expect Banc of California's share price to reach $22.00 in the next twelve months. This suggests a possible upside of 21.3% from the stock's current price.
View analysts' price targets for Banc of California
or view top-rated stocks among Wall Street analysts.

Who are Banc of California's key executives?
Banc of California's management team includes the following people:
  • Mr. Jared M. Wolff, Pres, CEO & Director (Age 52, Pay $1.89M) (LinkedIn Profile)
  • Ms. Lynn M. Hopkins, CFO & Exec. VP (Age 54, Pay $894.83k)
  • Mr. Ido Dotan J.D., Exec. VP, Gen. Counsel & Corp. Sec. (Age 42, Pay $674.77k)
  • Ms. Lynn A. Sullivan, Exec. VP & Chief Risk Officer (Age 53, Pay $778.3k)
  • Mr. Robert G. Dyck, Exec. VP & Chief Credit Officer (Age 65, Pay $587.35k)
  • Mr. John K. Sotoodeh, Chief Operating Officer
  • Ms. Diana C. Hanson, Sr. VP & Chief Accounting Officer (Age 52)
  • Mr. Alex Kweskin, Exec. VP & Chief HR Officer
  • Mr. Joubin Rahimi, Sr. VP of Private Banking
  • Mr. Douglas Rosenthal, Sr. VP & Relationship Mang.
What is Jared Wolff's approval rating as Banc of California's CEO?

26 employees have rated Banc of California CEO Jared Wolff on Glassdoor.com. Jared Wolff has an approval rating of 82% among Banc of California's employees.

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 American Airlines Group (AAL), Ford Motor (F), AbbVie (ABBV), Bristol-Myers Squibb (BMY), General Electric (GE), AT&T (T), Twilio (TWLO), Gilead Sciences (GILD), Pfizer (PFE) and Wells Fargo & Company (WFC).

What is Banc of California's stock symbol?

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

Who are Banc of California's major shareholders?

Banc of California's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.09%), Vanguard Group Inc. (5.77%), Dimensional Fund Advisors LP (5.50%), William Blair Investment Management LLC (3.43%), FJ Capital Management LLC (3.08%) and Victory Capital Management Inc. (1.98%). Company insiders that own Banc of California stock include James Andrew Barker, Jared M Wolff, Jared M Wolff, Mary A Curran and Robert D Sznewajs.
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 Russell Investments Group Ltd., Dimensional Fund Advisors LP, William Blair Investment Management LLC, Renaissance Technologies LLC, Northern Trust Corp, PNC Financial Services Group Inc., Foundry Partners LLC, and Metropolitan Life Insurance Co NY.
View insider buying and selling activity for Banc of California
or view top insider-selling stocks.

Which major investors are buying Banc of California stock?

BANC stock was bought by a variety of institutional investors in the last quarter, including Nicholas Investment Partners LP, Blooom Inc., FJ Capital Management LLC, BHZ Capital Management LP, JPMorgan Chase & Co., Vanguard Group Inc., EJF Capital LLC, and Panagora Asset Management Inc.. Company insiders that have bought Banc of California stock in the last two years include James Andrew Barker, Jared M Wolff, Mary A Curran, and Robert D Sznewajs.
View insider buying and selling activity for Banc of California
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Banc of California's stock price today?

One share of BANC stock can currently be purchased for approximately $18.13.

How much money does Banc of California make?

Banc of California has a market capitalization of $1.14 billion and generates $310.59 million in revenue each year. The bank earns $62.35 million in net income (profit) each year or $1.519990 on an earnings per share basis.

How many employees does Banc of California have?

Banc of California employs 673 workers across the globe.

What is Banc of California's official website?

The official website for Banc of California is 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, via email at [email protected], or via fax at 619-691-1350.

This page was last updated on 5/16/2022 by MarketBeat.com Staff

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