Banc of California, Inc. (BANC)
NYSE: BANC · IEX Real-Time Price · USD
14.39
+0.12 (0.84%)
At close: Jul 19, 2024, 4:00 PM
14.01
-0.38 (-2.64%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
Banc of California Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Banc of California stock have an average target of 16.06, with a low estimate of 13 and a high estimate of 19. The average target predicts an increase of 11.61% from the current stock price of 14.39.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for BANC stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 2 | 2 | 1 | 2 | 2 | 3 |
| Hold | 3 | 4 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 8 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $18 → $17 | Buy | Maintains | $18 → $17 | +18.14% | Jul 9, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $16 → $15 | Hold | Maintains | $16 → $15 | +4.24% | Jul 9, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $15 → $13 | Hold | Maintains | $15 → $13 | -9.66% | Jul 8, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $20 → $18 | Strong Buy | Maintains | $20 → $18 | +21.61% | May 15, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $16 → $15 | Hold | Maintains | $16 → $15 | +4.24% | May 14, 2024 |
Financial Forecast
Revenue This Year
1.07B
from 246.84M
Increased by 333.07%
Revenue Next Year
1.22B
from 1.07B
Increased by 13.94%
EPS This Year
1.12
from -22.71
EPS Next Year
1.91
from 1.12
Increased by 70.27%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2B | 1.3B | 1.3B |
| Avg | 1.1B | 1.2B | 1.3B |
| Low | 943.7M | 1.1B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 385.3% | 24.0% | 6.7% |
| Avg | 333.1% | 13.9% | 3.6% |
| Low | 282.3% | 0.7% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.31 | 2.37 | 2.48 |
| Avg | 1.12 | 1.91 | 2.41 |
| Low | 0.95 | 1.49 | 2.31 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 111.3% | 29.6% |
| Avg | - | 70.3% | 25.9% |
| Low | - | 32.6% | 20.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.