Banc of CaliforniaBANC
BANC
About: Banc of California Inc is a financial holding company. It offers banking and financial services. Its services include banking services, lending services, and private banking services. Its deposit and banking product and service offerings include checking, savings, money market, certificates of deposit, and retirement accounts. Lending activities are focused on providing financing to California's diverse private businesses, entrepreneurs, and communities, and loans are often secured by California commercial and residential real estate. The company has one reportable segment named Commercial banking.
Employees: 1,903
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
370% more call options, than puts
Call options by funds: $25.9M | Put options by funds: $5.52M
47% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 36
34% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 77
6% more capital invested
Capital invested by funds: $2.24B [Q3] → $2.38B (+$142M) [Q4]
5% more funds holding
Funds holding: 268 [Q3] → 282 (+14) [Q4]
1.25% more ownership
Funds ownership: 96.07% [Q3] → 97.33% (+1.25%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 10 [Q3] → 10 (+0) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$15
11%
upside
Avg. target
$16.20
20%
upside
High target
$18
34%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
JP Morgan Anthony Elian 48% 1-year accuracy 10 / 21 met price target | 11%upside $15 | Neutral Maintained | 28 Apr 2025 |
Stephens & Co. Andrew Terrell 33% 1-year accuracy 11 / 33 met price target | 11%upside $15 | Equal-Weight Maintained | 28 Apr 2025 |
Baird | 26%upside $17 | Outperform Maintained | 25 Apr 2025 |
Wells Fargo Timur Braziler 50% 1-year accuracy 19 / 38 met price target | 19%upside $16 | Overweight Maintained | 9 Apr 2025 |
Barclays Jared Shaw 51% 1-year accuracy 39 / 76 met price target | 34%upside $18 | Overweight Maintained | 8 Apr 2025 |
Financial journalist opinion
Based on 13 articles about BANC published over the past 30 days
Positive
Zacks Investment Research
2 days ago
Is Banc of California (BANC) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Seeking Alpha
2 days ago
Banc of California: Unfolding An Industrial Future
Banc of California's conservative strategy may signal a GDP growth decline if industry-wide lending standards tighten. The business combination with PacWest and cash infusion aimed to stabilize the bank by addressing issues upfront. Despite progress, profitability improvements may slow due to industry uncertainty.
Neutral
Seeking Alpha
6 days ago
Banc of California, Inc. (BANC) Q1 2025 Earnings Call Transcript
Banc of California, Inc. (NYSE:BANC ) Q1 2025 Earnings Conference Call April 24, 2025 1:00 PM ET Company Participants Ann DeVries - Head, IR Jared Wolff - President & CEO Joe Kauder - CFO Conference Call Participants Ben Gerlinger - Citigroup Jared Shaw - Barclays Capital Gary Tenner - D.A. Davidson Matthew Clark - Piper Sandler David Feaster - Raymond James Anthony Elan - JPMorgan Chris McGratty - KBW Timur Braziler - Wells Fargo Andrew Terrell - Stephens * Operator Hello and welcome to Banc of California's First Quarter Earnings Conference Call.
Neutral
The Motley Fool
6 days ago
Banc of California (BANC) Q1 2025 Earnings
Image source: The Motley Fool.
Neutral
Zacks Investment Research
1 week ago
Compared to Estimates, Banc of California (BANC) Q1 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Banc of California (BANC) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 week ago
Banc of California (BANC) Beats Q1 Earnings Estimates
Banc of California (BANC) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.19 per share a year ago.
Neutral
Business Wire
1 week ago
Banc of California, Inc. Reports First Quarter Diluted Earnings per Share of $0.26 and Loan Growth of 6% Annualized in the First Quarter; Upsizes Stock Buyback Program to $300 Million
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC): $0.26 Earnings Per Share $18.17 Book Value Per Share $16.12 Tangible Book Value Per Share(1) 10.43% CET1 Ratio 6% Annualized Loan Growth Banc of California, Inc. (NYSE: BANC) (“Banc of California” or the “Company”), the parent company of wholly-owned subsidiary Banc of California (the “Bank”), today reported financial results for the first quarter ended March 31, 2025. The Company reported net earnings available to.
Positive
Zacks Investment Research
2 weeks ago
Banc of California (BANC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Banc of California (BANC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
2 weeks ago
Banc of California Celebrates 50 Years of Racing Excellence With 2025 Acura Grand Prix of Long Beach
LOS ANGELES & LONG BEACH, Calif.--(BUSINESS WIRE)-- #AutoRacing--Banc of California, a wholly owned subsidiary of Banc of California, Inc. (NYSE: BANC), is proud to announce its continued sponsorship of the 2025 Acura Grand Prix of Long Beach. The weekend-long event kicks off April 11 and runs through April 13. This is the 50th anniversary of the iconic race, which is a remarkable celebration of speed, precision and Southern California's motorsport culture. Banc of California has served as the official bank.
Positive
Zacks Investment Research
2 weeks ago
Banc of California (BANC) Surges 8.0%: Is This an Indication of Further Gains?
Banc of California (BANC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
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