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 7,323 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
10% more funds holding in top 10
Funds holding in top 10: 10 [Q4 2024] → 11 (+1) [Q1 2025]
3.27% more ownership
Funds ownership: 97.33% [Q4 2024] → 100.59% (+3.27%) [Q1 2025]
3% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 93
3% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 33
2% less funds holding
Funds holding: 283 [Q4 2024] → 278 (-5) [Q1 2025]
5% less capital invested
Capital invested by funds: $2.38B [Q4 2024] → $2.26B (-$122M) [Q1 2025]
12% less call options, than puts
Call options by funds: $7.77M | Put options by funds: $8.78M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
7%
upside
Avg. target
$17.80
19%
upside
High target
$19
27%
upside
5 analyst ratings
4 positive
80%
1 neutral
20%
0 negative
0%
Wells Fargo Timur Braziler | 20%upside $18 | Overweight Maintained | 29 Jul 2025 |
Keefe, Bruyette & Woods Christopher Mcgratty | 20%upside $18 | Outperform Reiterated | 25 Jul 2025 |
Barclays Jared Shaw | 27%upside $19 | Overweight Maintained | 8 Jul 2025 |
JP Morgan Anthony Elian | 7%upside $16 | Neutral Maintained | 1 Jul 2025 |
Jefferies David Chiaverini | 20%upside $18 | Buy Initiated | 21 May 2025 |
Financial journalist opinion
Based on 7 articles about BANC published over the past 30 days
Neutral
Seeking Alpha
5 days ago
Banc of California, Inc. (BANC) Q2 2025 Earnings Call Transcript
Banc of California, Inc. (NYSE:BANC ) Q2 2025 Earnings Conference Call July 24, 2025 1:00 PM ET Company Participants Ann Park DeVries - Senior VP of Strategic Finance & Head of Investor Relations Jared M. Wolff - Chairman of the Board,President & CEO Joseph Kauder - Executive VP & CFO Conference Call Participants Benjamin Tyson Gerlinger - Citigroup Inc., Research Division Christopher Edward McGratty - Keefe, Bruyette, & Woods, Inc., Research Division David Pipkin Feaster - Raymond James & Associates, Inc., Research Division Gary Peter Tenner - D.A.
Positive
Zacks Investment Research
6 days ago
Banc of California (BANC) Q2 Earnings Surpass Estimates
Banc of California (BANC) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.1 per share a year ago.
Neutral
Business Wire
6 days ago
Banc of California, Inc. Reports Second Quarter Results and 9% Annualized Loan Growth
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC): $0.12 Earnings Per Share $0.31 Adjusted Earnings Per Share(1) $18.58 Book Value Per Share $16.46 Tangible Book Value Per Share(1) 9.92% CET1 Ratio 9% 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 second quarter ended June 30, 2025. The.
Neutral
Seeking Alpha
1 week ago
Banc of California: Time For A Downgrade
I am downgrading Banc of California to 'hold' due to underperformance, high valuation, and mediocre asset quality despite post-merger improvements. While recent earnings and net interest margin have improved, the price-to-earnings ratio remains too high for my comfort compared to peers. Asset quality and profitability metrics lag behind industry targets, with return on assets and equity below my preferred thresholds.
Neutral
Zacks Investment Research
2 weeks ago
Banc of California (BANC) Earnings Expected to Grow: Should You Buy?
Banc of California (BANC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Market Watch
3 weeks ago
17 bargain dividend stocks that are primed for growth — consider this before you buy
Companies passing the screen for low valuations, rapid dividend growth and business-expansion prospects include PepsiCo and Occidental Petroleum.
Neutral
Business Wire
3 weeks ago
Banc of California Announces Schedule of Second Quarter 2025 Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) today announced it will release 2025 second quarter financial results after market close on Wednesday, July 23, 2025. The Company will host a conference call to discuss its second quarter results the following day on Thursday, July 24, 2025 at 10:00 a.m. Pacific Time (PT). Interested parties are welcome to attend the conference call by dialing (888) 317-6003 and referencing event code 7565369. A link to the live.
Negative
Seeking Alpha
1 month ago
Number Of U.S. Banks With Frequent Losses Increases In Q1 2025
More banks are racking up frequent losses, while the cumulative net loss at credit unions has jumped in recent periods. In the first quarter of 2025, the number of banks with losses in at least four of the last eight quarters increased to 235 from 219 in the 2024 fourth quarter and 160 in the year-ago period.
Neutral
Market Watch
2 months ago
Three bank stocks to avoid — and 18 to buy — from analysts at Jefferies
Analysts at the firm rolled out their coverage of 32 regional banks ahead of annual regulatory stress tests in June.
Neutral
Business Wire
2 months ago
Banc of California, Inc. Announces Quarterly Dividends
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share on its outstanding common stock. The dividend will be payable July 1, 2025, to stockholders of record as of June 16, 2025. The Board of Directors also declared a quarterly cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F. The dividend will be pa.
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