Banc of California/BANC

$13.72

-0.36%
-
1D1W1MYTD1YMAX

About Banc of California

Banc of California, Inc. is a bank holding company for its subsidiary, Banc of California (the Bank), a California state-chartered bank. The Bank provides a range of loan and deposit products and services through more than 90 full-service branches throughout California and in Denver, Colorado, and Durham, North Carolina, and full-stack payment processing solutions through its subsidiary, Deepstack Technologies, LLC. The Bank also serves the Community Association Management Industry nationwide with its technology-forward platform SmartStreet. The Bank is organized into four business groups: Community Banking, Specialty Banking, Deposit Services, and Payment Solutions. Specialty Banking is focused on serving clients in niche verticals by industry, including homeowner associations, venture banking, SBA lending, mortgage warehouse lending, media and entertainment and equipment finance. Deposit Services provide valuable services to clients in the Community and Specialty Banking groups.

Ticker

BANC

Sector

Financials

Trading on

NYSE

Industry

Money Center Banks

CEO

Jared Wolff

Employees

2,304

Headquarters

Santa ana, United States

BANC Metrics

BasicAdvanced
$2.3B
Market cap
3.51
P/E ratio
$4.15
EPS
1.17
Beta
$0.40
Dividend rate
2.75%
Dividend yield
$2.3B
1.17051
$16.08
$9.96
2.4M
$0.40
90.662
90.662
-2.92%
-36.98%
3.507
9.355
0.845
0.758
4,170.554
1.77%
2.75%
2.75%
139.61%
128.88%
89.29%
18.56%

What the Analysts think about BANC

Analyst Ratings

Majority rating from 10 analysts.
Hold

Price Targets

Average projection from 9 analysts.
21.06% upside
High $19.00
Low $15.00
$13.72
Current price
$16.61
Average price target

BANC Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
6% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$513M
-66.34%
Net income
$31M
-101.62%
Profit margin
6%
-104.81%

BANC Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 13.64%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.32
$0.30
$1.49
$0.19
-
Expected
$0.31
$0.30
-$0.08
$0.22
$0.22
Surprise
4.77%
0.56%
-1,962.5%
-13.64%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Banc of California stock?

Banc of California (BANC) has a market cap of $2.2B as of May 25, 2024.

What is the P/E ratio for Banc of California stock?

The price to earnings (P/E) ratio for Banc of California (BANC) stock is 3.32 as of May 25, 2024.

Does Banc of California stock pay dividends?

Yes, the Banc of California (BANC) stock pays dividends to shareholders. As of May 25, 2024, the dividend rate is $0.4 and the yield is 2.9%. Banc of California has a payout ratio of 0% on a trailing twelve-month basis.

When is the next Banc of California dividend payment date?

The next Banc of California (BANC) dividend payment is scheduled for July 01, 2024.

What is the beta indicator for Banc of California?

Banc of California (BANC) has a beta rating of 1.16. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Banc of California stock price target?

The target price for Banc of California (BANC) stock is $16.61, which is 21.06% above the current price of $13.72. This is an average based on projections from 9 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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