Banc of California, Inc. (BANC)
NYSE: BANC · IEX Real-Time Price · USD
13.95
-0.25 (-1.76%)
Apr 23, 2024, 4:00 PM EDT - Market closed
Banc of California Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Banc of California stock have an average target of 16.33, with a low estimate of 16 and a high estimate of 18. The average target predicts an increase of 17.06% from the current stock price of 13.95.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for BANC stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 2 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $14 → $16 | Hold | Maintains | $14 → $16 | +14.70% | Apr 10, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $16 | Hold | Maintains | $16 | +14.70% | Apr 1, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Buy Upgrades $16 → $18 | Hold → Buy | Upgrades | $16 → $18 | +29.03% | Mar 22, 2024 |
| Barclays | Barclays | Hold Initiates $16 | Hold | Initiates | $16 | +14.70% | Mar 8, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $13 → $16 | Hold | Maintains | $13 → $16 | +14.70% | Jan 30, 2024 |
Financial Forecast
Revenue This Year
1.12B
from 246.84M
Increased by 353.32%
Revenue Next Year
1.22B
from 1.12B
Increased by 8.76%
EPS This Year
1.41
from -22.71
EPS Next Year
2.08
from 1.41
Increased by 47.43%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.3B | 1.5B |
| Avg | 1.1B | 1.2B |
| Low | 981.6M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 437.2% | 31.0% |
| Avg | 353.3% | 8.8% |
| Low | 297.6% | -5.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.75 | 2.45 | 2.61 |
| Avg | 1.41 | 2.08 | 2.54 |
| Low | 0.85 | 1.63 | 2.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 73.7% | 25.9% |
| Avg | - | 47.4% | 22.3% |
| Low | - | 15.5% | 17.5% |
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.