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Banc of California Inc. (BANC)
NYSE:BANC
Holding BANC?
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BANC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$11.88 - $18.08
Previous CloseN/A
Volume382.06K
Average Volume (3M)1.90M
Market Cap
$2.70B
Enterprise Value$5.26B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$733.30M
Price to Earnings (P/E)30.9
Beta1.60
Next Earnings
Jan 23, 2025EPS Estimate
0.25Last Dividend Ex-Date
Dec 16, 2024Dividend Yield2.47%
Share Statistics
EPS (TTM)0.52
Shares Outstanding158,329,600
10 Day Avg. Volume2,151,488
30 Day Avg. Volume1,895,661
Standard Deviation0.11
R-Squared0.29
Alpha-0.00607
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)6.15
Price to Cash Flow (P/CF)13.50
P/FCF Ratio25.20
Enterprise Value/Market Cap1.95
Enterprise Value/Revenue6.92
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$19.25Price Target Upside20.16% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Banc of California News
PremiumCompany Announcements
Banc of California Earnings Call Highlights Resilience and Growth
PremiumCompany Announcements
Banc of California Reports Strong Q4 Earnings
PremiumCompany Announcements
Banc of California Reports Strong 2024 Financial ResultsBulls Say, Bears Say
Bulls Say
EarningsBetter than expected net interest margin drove a modest beat on net interest income.
Financial PerformanceA milestone quarter for BANC, as all major balance sheet restructuring items have been completed, with go-forward EPS now becoming more reliable.
Growth StrategyThe sale of the $1.95 billion Civic portfolio freed $100 million of capital and $1.9 billion of liquidity to reduce wholesale funding and support growth.
Bears Say
Credit QualityCredit quality was mixed, with a sequential uptick in non-performing loans and classified loans.
Earnings PowerThe sale of Civic reduces the company's near-term earnings power, resulting in a challenging quarter for Banc of California.
Net Interest MarginNet Interest Margin for the fourth quarter was guided to be lower than prior estimates, indicating potential pressure on profitability.
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Ownership Overview
2.94% Insiders
20.17% Mutual Funds
0.54% Other Institutional Investors
53.43% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BANC FAQ
What was Banc of California Inc.’s price range in the past 12 months?
Banc of California Inc. lowest stock price was $11.88 and its highest was $18.08 in the past 12 months.
What is Banc of California Inc.’s market cap?
Banc of California Inc.’s market cap is $2.70B.
When is Banc of California Inc.’s upcoming earnings report date?
Banc of California Inc.’s upcoming earnings report date is Jan 23, 2025 which is 10 days ago.
How were Banc of California Inc.’s earnings last quarter?
Banc of California Inc. released its earnings results on Jan 23, 2025. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.233 by $0.047.
Is Banc of California Inc. overvalued?
According to Wall Street analysts Banc of California Inc.’s price is currently Undervalued.
Does Banc of California Inc. pay dividends?
Banc of California Inc. pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 2.47%. See more information on Banc of California Inc. dividends here
What is Banc of California Inc.’s EPS estimate?
Banc of California Inc.’s EPS estimate is 0.25.
How many shares outstanding does Banc of California Inc. have?
Banc of California Inc. has 158,329,600 shares outstanding.
What happened to Banc of California Inc.’s price movement after its last earnings report?
Banc of California Inc. reported an EPS of $0.28 in its last earnings report, beating expectations of $0.233. Following the earnings report the stock price went down -2.302%.
Which hedge fund is a major shareholder of Banc of California Inc.?
Currently, no hedge funds are holding shares in BANC
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Banc of California Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$19.25 (20.16% Upside)
$19.25 (20.16% Upside)
Blogger Sentiment
Bullish
BANC Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 539.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 7.3%
Last 30 Days ▲ 14.7%
Last 30 Days ▲ 14.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
24.61%
12-Months-Change
Fundamentals
Return on Equity
-11.81%
Trailing 12-Months
Asset Growth
-13.45%
Trailing 12-Months
Company Description
Banc of California Inc.
Banc of California, Inc. is a financial holding company, which engages in the provision of commercial banking services. It offers personal banking, business and commercial banking, real estate banking, and private banking. The company was founded in March 2002 and is headquartered in Santa Ana, CA.
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BANC Company Deck
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BANC Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong core profitability growth, expansion in net interest margin, and significant cost synergies post-merger. There were challenges due to an increase in nonaccrual loans and charge-offs in specific segments, but these were largely isolated incidents. The bank demonstrated resilience in the face of external challenges like the wildfires, with no significant impact on their financials.Read More>---
BANC Stock 12 Month Forecast
Average Price Target
$19.25
▲(20.16% Upside)
Technical Analysis
Best Analysts Covering BANC
1 Year
1 Year Success Rate
14/16 ratings generated profit
1 Year Average Return
+15.74%
reiterated a buy rating 6 days ago
Copying Gary Tenner's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +15.74% per trade.
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