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

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$19.45 -0.15 (-0.77 %)
(As of 06/19/2018 02:08 PM ET)
Previous Close$19.15
Today's Range$19.15 - $19.45
52-Week Range$17.10 - $23.40
Volume15,162 shs
Average Volume493,996 shs
Market Capitalization$999.23 million
P/E Ratio23.60
Dividend Yield2.63%
Beta0.84
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

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 Ratio23.60
Forward P/E Ratio29.47
P/E Growth2.43

Sales & Book Value

Annual Sales$501.02 million
Price / Sales1.96
Cash Flow$1.4115 per share
Price / Cash13.78
Book Value$14.67 per share
Price / Book1.33

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

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 announced a quarterly dividend on Tuesday, May 15th. Shareholders of record on Friday, June 15th will be given a dividend of $0.13 per share on Monday, July 2nd. This represents a $0.52 dividend on an annualized basis and a yield of 2.67%. 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) announced its earnings results on Friday, April, 27th. The bank reported $0.05 EPS for the quarter, topping 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 net margin of 11.46% and a return on equity of 8.37%. During the same period last year, the company 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 Tuesday, July, 24th 2018. View Earnings Estimates for Banc of California.

What price target have analysts set for BANC?

6 equities research analysts have issued 1-year price targets for Banc of California's shares. Their forecasts 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. View Analyst Ratings for Banc of California.

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

Has Banc of California been receiving favorable news coverage?

Media stories about BANC stock have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Banc of California earned a media sentiment score of 0.09 on Accern's scale. They also assigned media coverage about the bank an impact score of 46.07 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

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 BlackRock Inc. (11.02%), Legion Partners Asset Management LLC (4.93%), Victory Capital Management Inc. (4.75%), Dimensional Fund Advisors LP (4.67%), Maltese Capital Management LLC (1.50%) and Penn Capital Management Co. Inc. (1.37%). 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 major investors are selling Banc of California stock?

BANC stock was sold by a variety of institutional investors in the last quarter, including Legion Partners Asset Management LLC, BlackRock Inc., New York State Common Retirement Fund, Prudential Financial Inc., Maltese Capital Management LLC, UBS Group AG, JPMorgan Chase & Co. and Montag A & Associates 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 major investors are buying Banc of California stock?

BANC stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., EJF Capital LLC, Millennium Management LLC, Mendon Capital Advisors Corp, RMB Capital Management LLC, Westwood Holdings Group Inc., Seidman Lawrence B and Schwab Charles Investment Management Inc.. 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 $19.45.

How big of a company is Banc of California?

Banc of California has a market capitalization of $999.23 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 (BANC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  194 (Vote Outperform)
Underperform Votes:  235 (Vote Underperform)
Total Votes:  429
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 6/19/2018 by MarketBeat.com Staff

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