Banc of California, Inc. (BANC)
| Market Cap | 2.29B |
| Revenue (ttm) | 949.66M |
| Net Income (ttm) | 107.93M |
| Shares Out | 157.57M |
| EPS (ttm) | 0.65 |
| PE Ratio | 22.33 |
| Forward PE | 10.19 |
| Dividend | $0.40 (2.76%) |
| Ex-Dividend Date | Sep 15, 2025 |
| Volume | 1,408,185 |
| Open | 14.56 |
| Previous Close | 14.54 |
| Day's Range | 14.35 - 14.62 |
| 52-Week Range | 11.52 - 18.08 |
| Beta | 1.43 |
| Analysts | Buy |
| Price Target | 17.18 (+18.4%) |
| Earnings Date | Jul 23, 2025 |
About PARAA
Banc of California, Inc. operates as the bank holding company for Banc of California that provides various banking products and services. The company offers deposit products, such as checking, savings, money market, demand, and time deposits; certificates of deposit; retirement accounts; and safe deposit boxes. It also provides real estate loans to professional developers and real estate investors for the acquisition, construction, refinancing, renovation, and on-going operation of commercial real estate properties; commercial real estate mortg... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for BANC stock is "Buy." The 12-month stock price target is $17.18, which is an increase of 18.40% from the latest price.
News
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...
Steadfast LA Launches Initiative With Banc of California To Help Rebuild, Reopen, And Support Small Businesses In Wildfire-Impacted Communities
LOS ANGELES--(BUSINESS WIRE)-- #FireRecovery--Steadfast LA, the nonprofit founded by civic leader and businessman Rick Caruso to accelerate the rebuilding of Los Angeles with private-sector solutions,...
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 Jare...
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 Shar...
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 i...
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...
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 o...
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 ba...
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 C...
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% Annua...
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 ...
Los Angeles Parks Foundation Awarded Substantial $1 Million Donation from the FireAid Grants Advisory Committee
Funds Allocated for the Restoration of the Playground at Palisades Park Affected by the Fires LOS ANGELES , April 9, 2025 /PRNewswire/ -- The LA Parks Foundation, which works to support the Los Angele...
Banc of California Announces Schedule of First 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 first quarter financial results after market close on Wednesday, April 23, 2025...
Banc of California: Improving Funding Mix Makes 2025 Promising
Banc of California stock remains a buy due to its TBV being below historical averages and potential for profitability expansion through reduced deposit costs. Despite dividend weaknesses, the bank sho...
Banc of California Announces $150 Million Stock Repurchase Program
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC), the parent company of wholly owned subsidiary Banc of California, today announced that its Board of Directors has authorized the re...
Banc of California Welcomes Karen Hon as Chief Accounting Officer
LOS ANGELES--(BUSINESS WIRE)-- #Accounting--Banc of California Welcomes Karen Hon as Chief Accounting Officer.
Banc of California, Inc. to Participate in the Raymond James & Associates' 46th Annual Institutional Investors Conference
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) announced today that Jared Wolff, President and Chief Executive Officer, will meet with investors at the Raymond Jam...
Banc of California, Inc. (BANC) Q4 2024 Earnings Call Transcript
Banc of California, Inc. (NYSE:BANC) Q4 2024 Earnings Conference Call January 23, 2025 1:00 PM ET Company Participants Ann DeVries - Head, IR Jared Wolff - President & CEO Joe Kauder - CFO Conference...
Banc of California, Inc. Reports Fourth Quarter Diluted Earnings per Share of $0.28, Reflecting Strong Year-Over-Year Net Interest Margin Expansion and Lower Noninterest Expenses
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC): $0.28 Earnings Per Share $17.78 Book Value Per Share $15.72 Tangible Book Value Per Share(1) 10.55% CET1 Ratio 29.1% Average Noni...
Banc of California Creates Charitable Fund and Commits $1 Million to Support Southern California Communities Affected by Wildfires
LOS ANGELES--(BUSINESS WIRE)-- #LosAngeles--Banc of California, a wholly owned subsidiary of Banc of California, Inc. (NYSE: BANC), announced it has launched the Banc of California Wildfire Relief & R...
Banc of California: The Rescue Plan Continues
Banc of California's turnaround, presents a contrarian investment opportunity with a 32% return so far. The bank's repositioning of its balance sheet and reduced Federal Reserve loan dependence show p...
Banc of California Announces Schedule of Fourth Quarter 2024 Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) today announced it will release financial results for the fourth quarter and fiscal year ended December 31, 2024 on ...
Banc of California Renews Commitment to Alliance for Southern California Innovation
LOS ANGELES--(BUSINESS WIRE)-- #Entrepreneurs--The Alliance for Southern California Innovation (the Alliance) and Banc of California, a wholly owned subsidiary of Banc of California, Inc. (NYSE: BANC)...