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

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$19.50 -0.20 (-1.02 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$19.70
Today's Range$19.30 - $19.75
52-Week Range$18.00 - $23.40
Volume1.04 million shs
Average Volume542,990 shs
Market Capitalization$982.77 million
P/E Ratio23.78
Dividend Yield2.68%
Beta0.75
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 Ratio2.75
Current Ratio1.02
Quick Ratio1.02

Price-To-Earnings

Trailing P/E Ratio23.78
Forward P/E Ratio27.86
P/E Growth2.24

Sales & Book Value

Annual Sales$501.02 million
Price / Sales1.97
Cash Flow$1.4412 per share
Price / Cash13.53
Book Value$14.67 per share
Price / Book1.33

Profitability

EPS (Most Recent Fiscal Year)$0.82
Net Income$57.70 million
Net Margins11.74%
Return on Equity8.25%
Return on Assets0.59%

Miscellaneous

Employees738
Outstanding Shares50,660,000
Market Cap$982.77 million

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 Wednesday, August 15th. Shareholders of record on Friday, September 14th will be given a dividend of $0.13 per share on Monday, October 1st. This represents a $0.52 annualized dividend and a yield of 2.67%. The ex-dividend date is Thursday, September 13th. 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 Thursday, July, 26th. The bank reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by $0.04. The bank had revenue of $80.83 million for the quarter, compared to analysts' expectations of $79.67 million. Banc of California had a return on equity of 8.25% and a net margin of 11.74%. During the same period in the prior year, the company posted $0.20 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, 25th 2018. View Earnings Estimates for Banc of California.

What price target have analysts set for BANC?

5 Wall Street analysts have issued 1-year target prices for Banc of California's shares. Their predictions range from $19.00 to $25.00. On average, they expect Banc of California's stock price to reach $21.75 in the next year. This suggests a possible upside of 11.5% 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.

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. Jason M. Pendergist, Exec. VP & Head of Commercial 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 been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Banc of California earned a coverage optimism score of 0.18 on Accern's scale. They also assigned media headlines about the bank an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Banc of California.

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 shareholders include BlackRock Inc. (11.87%), Victory Capital Management Inc. (4.92%), Dimensional Fund Advisors LP (4.83%), Millennium Management LLC (1.95%), EJF Capital LLC (1.94%) and Bank of New York Mellon Corp (1.82%). 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 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, Bank of New York Mellon Corp, Montag A & Associates Inc., Montag A & Associates Inc., Comerica Bank, Hennessy Advisors Inc., Pinebridge Investments L.P. and Peregrine Capital Management LLC. Company insiders that have sold Banc of California company stock in the last year include Geoffrey Balderson, 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 purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, EJF Capital LLC, United Services Automobile Association, Victory Capital Management Inc., Wells Fargo & Company MN, Dimensional Fund Advisors LP and Penn Capital Management Co. Inc.. Company insiders that have bought Banc of California stock in the last two years include Barbara Fallon-Walsh, Douglas H Bowers and John A Bogler. 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 $19.50.

How big of a company is Banc of California?

Banc of California has a market capitalization of $982.77 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:  230 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  492
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 9/21/2018 by MarketBeat.com Staff

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