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Market Cap 806.62M P/E 9.02 EPS this Y -77.00% Ern Qtrly Grth -
Income -484.9M Forward P/E 8.42 EPS next Y 126.30% 50D Avg Chg 13.00%
Sales 379.38M PEG 2.59 EPS past 5Y 10.98% 200D Avg Chg -4.00%
Dividend 2.00% Price/Book 0.83 EPS next 5Y 10.00% 52W High Chg -25.00%
Recommedations 2.20 Quick Ratio - Shares Outstanding 158.30M 52W Low Chg 43.00%
Insider Own 1.17% ROA -1.21% Shares Float 141.28M Beta -
Inst Own 101.22% ROE -14.98% Shares Shorted/Prior 12.74M/13.35M Price 13.89
Gross Margin - Profit Margin -117.33% Avg. Volume 960,417 Target Price 16.05
Oper. Margin 26.95% Earnings Date Oct 22 Volume 1,041,523 Change -0.93%
About Banc of California, Inc.

Banc of California, Inc. operates as the bank holding company for Banc of California that provides various banking products and services in California. 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 mortgage, residential real estate mortgage, and real estate construction and land loans; commercial loans and leases, such as equipment finance, other asset-based, venture capital, secured business, warehouse, and other lending services; small business administration loans; and consumer loans comprising personal, auto, and other loans, as well as home equity and revolving lines of credit. In addition, the company offers international banking, multi-state deposit, and asset and investment management services, as well as cash and treasury management services; and online, mobile, remote deposit, and telephone banking services. It serves small and middle-market businesses, venture capital firms, non-profit organizations, business owners, entrepreneurs, professionals, and high-net worth individuals. Banc of California, Inc. was founded in 1941 and is headquartered in Los Angeles, California.

Banc of California, Inc. News
11/12/24 Banc of California (NYSE:BANC) Is Due To Pay A Dividend Of $0.10
11/08/24 Banc of California, Inc. Announces Quarterly Dividends
10/24/24 Banc of California (BANC) is a Great Momentum Stock: Should You Buy?
10/23/24 Banc of California Strategic Repositioning in Q3 2024
10/23/24 Q3 2024 Banc of California Inc Earnings Call
10/23/24 Banc of California Inc (BANC) Q3 2024 Earnings Call Highlights: Strategic Moves Amidst Modest ...
10/22/24 Banc of California (BANC) Reports Q3 Earnings: What Key Metrics Have to Say
10/22/24 Banc of California (BANC) Q3 Earnings and Revenues Beat Estimates
10/22/24 Banc of California: Q3 Earnings Snapshot
10/22/24 Banc of California, Inc. Reports Third Quarter 2024 Financial Results Which Include Balance Sheet Repositioning
10/18/24 Private Bancorp of America, Inc. (PBAM) Q3 Earnings and Revenues Surpass Estimates
10/17/24 BancFirst (BANF) Beats Q3 Earnings and Revenue Estimates
10/15/24 Analysts Estimate Banc of California (BANC) to Report a Decline in Earnings: What to Look Out for
10/09/24 Short Seller Carson Block Wins Legal Case in Alleged Smear Campaign
10/02/24 Banc of California Announces Schedule of Third Quarter 2024 Earnings Release and Conference Call
10/01/24 Banc of California Hires Ken McMullen as Executive Vice President and Treasurer
09/23/24 Why regional banks are set to benefit from easing interest rates
09/11/24 It Might Not Be A Great Idea To Buy Banc of California, Inc. (NYSE:BANC) For Its Next Dividend
09/03/24 Banc of California Expands Specialty Lending Team
09/03/24 Banc of California, Inc. to Participate at the Barclays 22nd Annual Global Financial Services Conference
BANC Chatroom

User Image RT234 Posted - 2 hours ago

$GME $VVPR $BANC $TPST $SOAR Gary Gensler to step down as SEC chair in January https://www.ft.com/content/f4eb6306-a310-4ef6-9bac-c26587db2cf9

User Image DowntownPJ Posted - 1 week ago

$BANC $20 next month!!

User Image DowntownPJ Posted - 1 week ago

$BANC $20 soon

User Image DuckyInvest Posted - 1 week ago

$BANC Happy i jumped out at Trump rally. Will buy back cheaper.

User Image DowntownPJ Posted - 2 weeks ago

$BANC $20 by eoy

User Image Ship274 Posted - 2 weeks ago

$BANC 🫡

User Image DowntownPJ Posted - 2 weeks ago

$BANC $SOFI 🇺🇸🇺🇸🇺🇸

User Image Richman1014 Posted - 2 weeks ago

$BANC when they merged with $PACW that had potential to triple if they recovered to pre covid levels. Do you think banc will triple too from $12 mark???

User Image DowntownPJ Posted - 2 weeks ago

$BANC $20 sooon

User Image Ltkenny Posted - 10/31/24

$BANC This stock has great potential for growth due to several major reasons: 1. Reduced operating costs by merging the banks. 2. Increased interest margins from selling off unprofitable loans. 3. The Fed's reduction of interest rates, resulting in greater profits for regional banks.

User Image DowntownPJ Posted - 10/30/24

$BANC $20 soon

User Image Johnny_Lever Posted - 10/28/24

$BANC Off to a great start for the week.

User Image DowntownPJ Posted - 10/28/24

$BANC $20 soon

User Image Johnny_Lever Posted - 10/24/24

$BANC Big week for BANC.

User Image Thestocktraderhubzee Posted - 10/24/24

WATCHLIST OCT 24 2024.. $TSLA Cantor Fitzgerald Reiterates Neutral on Tesla, Maintains $245 Price Target $TPC UBS Maintains Buy on Tutor Perini, Raises Price Target to $39 $URG Roth MKM Reiterates Buy on Ur-Energy, Raises Price Target to $2.2 $ANRO Wedbush Downgrades Alto Neuroscience to Neutral, Lowers Price Target to $4 $BANC Wedbush Maintains Outperform on Banc of California, Raises Price Target to $19

User Image Thestocktraderhubzee Posted - 10/23/24

$BANC Wedbush Maintains Outperform on Banc of California, Raises Price Target to $19

User Image DowntownPJ Posted - 10/22/24

$BANC $18

User Image DonCorleone77 Posted - 10/22/24

$BANC Banc of California reports Q3 adjusted EPS 25c, consensus 10c Reports Q3 revenue $216.7M, consensus $227.5M. Jared Wolff, President & CEO of Banc of California, commented, "During the third quarter, we made significant progress growing our core earnings and we achieved our year-end targets for net interest margin, noninterest expenses, and balance sheet metrics a quarter early. We strengthened our franchise through several strategic balance sheet repositioning actions including completing the sale of $1.95 billion of Civic loans, which had a positive impact on our capital and liquidity. We leveraged the proceeds and capital to reposition a portion of our securities portfolio and significantly reduce higher cost funding, which resulted in strong net interest margin expansion and increased our tangible book value per share and capital position. Furthermore, we continued to make solid progress reducing noninterest expenses, completed our core system conversion successfully, and consolidated 12 branches during the quarter." Wolff continued, "With these major balance sheet and operational initiatives behind us, Banc of California is now at an inflection point, shifting our focus from transforming our internal infrastructure to external growth. We are capitalizing on the strength of the franchise and balance sheet we have built and the exceptional customer experience we can offer to expand existing relationships and add attractive new client relationships. As economic conditions improve, we believe we are well positioned to increase our market share, expand our client roster, generate profitable growth and continue to enhance the long-term value of our franchise."

User Image ChessGM Posted - 1 month ago

$BANC "Upcoming earnings: 10/22/2024, Consensus Signal: Neutral (5.2) The recent developments surrounding Banc of California (BANC) reveal a mixed landscape for the stock. On one hand, there are indicators of caution, particularly regarding the upcoming earnings report, where analysts are predicting a decline in earnings. This sentiment is compounded by the legal issues faced by a former executive, which could potentially lead to negative perceptions surrounding the company. However, there are also positive signals, such as the hiring of a new Executive Vice President and Treasurer, which could indicate a strategic push within the company's leadership. The broader market context suggests that regional banks could benefit from easing interest rates, which may provide some tailwinds for BANC in the longer term. Despite some bearish news, the overall sentiment remains neutral as the company prepares for its earnings release. Regarding upcoming earnings, Banc of California is scheduled to announce its third quarter 2024 financial results on October 22, 2024, with a conference call planned for the same day. Analysts have expressed skepticism about the company’s ability to beat earnings expectations, which has added a layer of uncertainty. Investors will be keen to see how the company navigates these challenges, especially in light of the current economic environment influenced by interest rate changes and internal restructuring efforts. Follow us! Do not miss other earnings alerts from ChessGM."

User Image WeeklyTrader Posted - 1 month ago

Hedge your portfolio today! $BANC 15.0p RSI: 59.24% 50-day MA: $14.06 200-day MA: $13.87

User Image IN0V8 Posted - 1 month ago

$BANC Citigroup initiates coverage with neutral rating; PT $15

User Image Ship274 Posted - 1 month ago

$BANC

User Image Johnny_Lever Posted - 1 month ago

$BANC Back-testing that prior trendline resistance. Will it hold?

User Image DeltaVariant Posted - 09/27/24

$BANC Waiting for low 14s again.

User Image DowntownPJ Posted - 09/24/24

$BANC $20

User Image FinJay Posted - 2 months ago

$BANC https://youtu.be/86y5vC-VBlI?si=cI7jPk32GvnYGj93

User Image Johnny_Lever Posted - 2 months ago

$BANC Breaking out today. Looking like a lot of other charts out there!

User Image DowntownPJ Posted - 2 months ago

$BANC

User Image Johnny_Lever Posted - 2 months ago

$BANC Are regional banks ready for a big move tomorrow?

User Image DowntownPJ Posted - 2 months ago

$BANC $20+ by eoy

Analyst Ratings
Wells Fargo Equal-Weight Oct 1, 24
Barclays Equal-Weight Sep 27, 24
Wedbush Outperform Sep 24, 24
Truist Securities Hold Sep 20, 24
Raymond James Outperform Sep 17, 24
Stephens & Co. Equal-Weight Sep 4, 24
Stephens & Co. Equal-Weight Jul 24, 24
Wedbush Neutral Jul 24, 24
Barclays Equal-Weight Jul 24, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
DYCK ROBERT G CHIEF CREDIT OFFICER CHIEF CREDIT OFFICER Jan 30 Sell 14.97 10,000 149,700 24,979 01/30/24
Barker James Andrew Director Director Dec 12 Buy 12.3228 10,000 123,228 149,680 12/13/23
LASHLEY RICHARD J Director Director Dec 05 Sell 12.667 200,000 2,533,400 2,463,143 12/06/23
Rice Joseph J Director Director Dec 05 Buy 12.6588 10,000 126,588 10,000 12/06/23
SZNEWAJS ROBERT D Director Director Aug 01 Option 10.90 1,836 20,012 8,699 08/03/23
Rice Joseph J Director Director Jun 05 Buy 11.25 7,500 84,375 9,500 06/06/23
SZNEWAJS ROBERT D Director Director May 03 Buy 10.9633 3,200 35,083 81,008 05/04/23
WOLFF JARED M PRESIDENT AND CEO PRESIDENT AND CEO May 01 Buy 11.0974 6,769 75,118 217,204 05/01/23
Barker James Andrew Director Director Feb 01 Buy 19.3168 12,900 249,187 76,245 02/01/22
WOLFF JARED M PRESIDENT AND CEO PRESIDENT AND CEO Jan 27 Buy 19.70 5,015 98,796 50,115 01/27/22