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Banc of California, Inc. (BANC)

Stock Price: $17.29 USD -0.15 (-0.86%)
Updated Jun 24, 2021 1:57 PM EDT - Market open
Market Cap 882.86M
Revenue (ttm) 238.64M
Net Income (ttm) 15.68M
Shares Out 50.61M
EPS (ttm) 0.33
PE Ratio 52.87
Forward PE 14.47
Dividend $0.24
Dividend Yield 1.39%
Trading Day June 24
Last Price $17.29
Previous Close $17.44
Change ($) -0.15
Change (%) -0.86%
Day's Open 17.54
Day's Range 17.22 - 17.68
Day's Volume 102,502
52-Week Range 8.91 - 21.33

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SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share on its outstanding common ...

1 month ago - Business Wire

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Pacific Mercantile...

1 month ago - Business Wire

Banc of California (BANC) delivered earnings and revenue surprises of -3.85% and -5.90%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Shares of Banc of California (NYSE:BANC) decreased 0.1% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 178.95% year over year to $0.15, which miss...

2 months ago - Benzinga

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) today reported net income of $14.4 million and net income available to common stockholders for the first quarter of 2021 of $7.8...

2 months ago - Business Wire

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) (the “Company”), the holding company for Banc of California, N.A. (the “Bank”), today announced the appointment of Alex Kweskin ...

2 months ago - Business Wire

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.

2 months ago - Zacks Investment Research

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) today announced it will release 2021 first quarter financial results on Thursday, April 22, 2021. The Company will host a confer...

2 months ago - Business Wire

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Pacific Mercantile...

2 months ago - Business Wire

With the trading day more than halfway over, the broad markets were somewhat mixed on the day.

Other stocks mentioned: GME, INTC, VZ, VZA, AVB, CENT, CME ...
3 months ago - 24/7 Wall Street

NEW YORK, March 23, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Pacific Mercantile Bancorp ("Pacific M...

Other stocks mentioned: PMBC
3 months ago - PRNewsWire

Banc of California's (BANC) merger deal with Pacific Mercantile Bancorp will be accretive to earnings and result in substantial addition to fee income.

3 months ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Banc of California, Inc. (NYSE: BANC) and Pacific Mercantile Bancorp is fair to Ban...

3 months ago - Business Wire

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) (the “Company”, “Banc of California”, “we”, “us” or “our”), the holding company of Banc of California, N.A., and Pacific Mercant...

Other stocks mentioned: PMBC
3 months ago - Business Wire

Banc of California (BANC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

3 months ago - Zacks Investment Research

The bank used 2020 to accelerate its strategy of adding low-cost deposits and loans that are more relationship-based.

4 months ago - The Motley Fool

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC), today announced that it will redeem on March 15, 2021 all of its outstanding 7.375% Non-Cumulative Perpetual Preferred Stock, S...

4 months ago - Business Wire

Banc of California, Inc. (BANC) CEO Jared Wolff on Q4 2020 Results - Earnings Call Transcript

5 months ago - Seeking Alpha

Banc of California (BANC) delivered earnings and revenue surprises of 84.21% and 11.74%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Shares of Banc of California (NYSE:BANC) fell 0.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 75.00% year over year to $0.35, which beat th...

5 months ago - Benzinga

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) today reported net income of $21.7 million and net income available to common stockholders for the fourth quarter of 2020 of $17...

5 months ago - Business Wire

Banc of California (BANC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

5 months ago - Zacks Investment Research

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) today announced it will release 2020 fourth quarter financial results on Thursday, January 21, 2021. The Company will host a con...

5 months ago - Business Wire

Banc of California (BANC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

5 months ago - Zacks Investment Research

Banc of California (BANC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

7 months ago - Zacks Investment Research

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC), the holding company of Banc of California, N.A., today announced the pricing of its public offering of $85,000,...

7 months ago - Business Wire

Banc of California, Inc. (BANC) CEO Jared Wolff on Q3 2020 Results - Earnings Call Transcript

8 months ago - Seeking Alpha

Banc of California (BANC) delivered earnings and revenue surprises of 60.00% and -3.44%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Shares of Banc of California (NYSE:BANC) were flat pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share rose 153.33% year over year to $0.24, which beat the est...

8 months ago - Benzinga

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) today reported net income available to common stockholders for the third quarter of 2020 of $12.1 million, or diluted earnings p...

8 months ago - Business Wire

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.

8 months ago - Zacks Investment Research

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) today announced it will release 2020 third quarter financial results on Thursday, October 22, 2020. The Company will host a conf...

8 months ago - Business Wire

Banc of California, Inc. (BANC) CEO Jared Wolff on Q2 2020 Results - Earnings Call Transcript

11 months ago - Seeking Alpha

Banc of California (BANC) delivered earnings and revenue surprises of 94.87% and 3.20%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

Shares of Banc of California (NYSE:BANC) remained unaffected after the company reported Q2 results.

11 months ago - Benzinga

SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc.

11 months ago - Business Wire

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.

11 months ago - Zacks Investment Research

Banc of California, Inc. (BANC) CEO Jared Wolff on Q1 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Banc of California (BANC) delivered earnings and revenue surprises of -733.33% and -11.46%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Shares of Banc of California (NYSE:BANC) remained flat at $10.78 in pre-market trading after the company reported Q1 results.

1 year ago - Benzinga

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.

1 year ago - Zacks Investment Research

PB vs. BANC: Which Stock Is the Better Value Option?

Other stocks mentioned: PB
1 year ago - Zacks Investment Research

Banc of California, Inc. (BANC) CEO Jared Wolff on Q4 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Banc of California (BANC) delivered earnings and revenue surprises of 17.65% and -6.02%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Banc of California, Inc. (BANC) CEO Jared Wolff on Q3 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Banc of California (BANC) delivered earnings and revenue surprises of -40.63% and -15.41%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

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.

1 year ago - Zacks Investment Research

Banc of California, Inc. (BANC) CEO Jared Wolff on Q2 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Banc of California (BANC) delivered earnings and revenue surprises of 26.32% and -14.50%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

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.

1 year ago - Zacks Investment Research

About BANC

Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. The company offers deposit products, including checking, savings, money market, retirement, and interest-bearing and noninterest-bearing demand accounts, as well as certificate of deposits. It also provides various commercial and consumer loan products, such as commercial and industrial loans; commercial real estate and multifamily loans; construction loans; single family re... [Read more...]

Industry
Banks-Regional
Founded
1941
CEO
Jared Wolff
Employees
600
Stock Exchange
NYSE
Ticker Symbol
BANC
Full Company Profile

Financial Performance

In 2020, BANC's revenue was $213.39 million, a decrease of -4.93% compared to the previous year's $224.45 million. Earnings were $12.57 million, a decrease of -47.08%.

Financial Statements

Analyst Forecasts

According to 7 analysts, the average rating for BANC stock is "Buy." The 12-month stock price forecast is 22.65, which is an increase of 31.00% from the latest price.

Price Target
$22.65
(31.00% upside)
Analyst Consensus: Buy