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Market Cap 806.62M P/E 9.02 EPS this Y -50.80% Ern Qtrly Grth -
Income -705.36M Forward P/E 8.42 EPS next Y 63.90% 50D Avg Chg 13.00%
Sales 197.14M PEG 1.12 EPS past 5Y 36.36% 200D Avg Chg -4.00%
Dividend 2.00% Price/Book 0.83 EPS next 5Y 10.00% 52W High Chg -25.00%
Recommedations 2.50 Quick Ratio - Shares Outstanding 157.71M 52W Low Chg 43.00%
Insider Own 1.07% ROA -1.66% Shares Float 140.03M Beta -
Inst Own 90.59% ROE -21.56% Shares Shorted/Prior 10.51M/11.30M Price 13.89
Gross Margin - Profit Margin - Avg. Volume 960,417 Target Price 17.33
Oper. Margin 30.92% Earnings Date Jul 23 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
04/24/24 PacWest Bancorp (NASDAQ:PACW) Q1 2024 Earnings Call Transcript
04/24/24 Q1 2024 Banc of California Inc Earnings Call
04/23/24 Compared to Estimates, Banc of California (BANC) Q1 Earnings: A Look at Key Metrics
04/23/24 Banc of California Inc (BANC) Q1 2024 Earnings: Misses EPS Estimates, Shows Strong Recovery ...
04/23/24 Banc of California, Inc. Reports First Quarter 2024 Financial Results with Improved Profitability and Strengthened Balance Sheet
04/17/24 Analysts Estimate BOK Financial (BOKF) to Report a Decline in Earnings: What to Look Out for
04/16/24 Analysts Estimate Banc of California (BANC) to Report a Decline in Earnings: What to Look Out for
04/09/24 Banc of California Announces New Community Banking Leaders
04/05/24 Banc of California Announces Schedule of First Quarter 2024 Earnings Release and Conference Call
03/27/24 New Strong Buy Stocks for March 27th
03/27/24 Best Income Stocks to Buy for March 27th
03/24/24 13 Best Dividend-Paying Stocks Under $15
03/10/24 Life at Regional and Small Banks, One Year After SVB Failed
03/07/24 Banc of California Names Greg Smith to Lead Digital Strategy
03/06/24 Banc of California Named by Newsweek as One of America’s Greatest Workplaces for Women 2024
02/22/24 Banc of California Names Venture Banking Leader Michael David to New Role as Head of Technology Banking-West
02/08/24 Banc of California, Inc. Announces Quarterly Dividends
01/30/24 Chief Credit Officer Robert Dyck Sells 10,000 Shares of Banc of California Inc
01/27/24 Banc of California, Inc. (NYSE:BANC) Q4 2023 Earnings Call Transcript
01/27/24 PacWest Bancorp (NASDAQ:PACW) Q4 2023 Earnings Call Transcript
BANC Chatroom

User Image jb889889889 Posted - 8 hours ago

$BANC $16 by Memorial Day! πŸ‡ΊπŸ‡ΈπŸ‡ΊπŸ‡ΈπŸ‡ΊπŸ‡ΈπŸŽ‰πŸŽ‰πŸŽ‰

User Image KFace Posted - 9 hours ago

$BANC should start investing in Crate Date!! I hear they are in talks to IPO and in a kickstarter! Would be great to see BANC invest and fund!! Bigger than Hellofresh and blue apron https://www.kickstarter.com/projects/932654200/crate-date-where-meals-meet-memories

User Image eddiethesampson2 Posted - 13 hours ago

@FOTIKRR @pranab74 i Just got laid off from $BANC and getting my severance in 30 days. They trimmed our workforce so i know they saving money lmaooooo

User Image eddiethesampson2 Posted - 15 hours ago

$BANC buy buy buy! This bank will not fail this year after merger! And pivot in profits :) $16-20 lets go! The market can kiss my Asssss

User Image FOTIKRR Posted - 04/29/24

$KRE Rember when another regional bank failed...On Friday $OZK $ZION $WABC $BANC Who's next? $OZK is going to see the teens again.

User Image jb889889889 Posted - 04/26/24

$BANC $16 by Memorial Day! πŸ‡ΊπŸ‡ΈπŸŽ‰πŸ‡ΊπŸ‡ΈπŸŽ‰πŸ‡ΊπŸ‡Έ

User Image eddiethesampson2 Posted - 04/26/24

$BANC If we can pop $15 we golden!

User Image CEOBuysDisclosures Posted - 04/26/24

$BANC CEO purchased 7,130 shares at $13.98 for a total of $99,677. WOLFF JARED M now owns 401,971 shares. https://ceo-buys.com

User Image insiderbuyingselling Posted - 04/26/24

$BANC new insider buying: 7130 shares. http://insiderbuyingselling.com/?t=BANC

User Image eddiethesampson2 Posted - 04/25/24

$BANC break the 15$ roof is the mission!

User Image eddiethesampson2 Posted - 04/24/24

$BANC letsS Go!! Easy discount

User Image eddiethesampson2 Posted - 04/24/24

$BANC lets go! Ur money is semi safe here! Lmao

User Image jb889889889 Posted - 04/24/24

$BANC Positive expectations for the future. Especially if we get a rate cut, which is highly likely in an election year.

User Image eddiethesampson2 Posted - 04/23/24

$BANC $15-17! Lets go!!

User Image DonCorleone77 Posted - 04/23/24

$BANC Banc of California reports Q1 adjusted EPS 19c, consensus 22c Reports Q1 loan loss provision $10M from $3M last year. Tangible book value per share increased to $15.07 compared to $14.96 at December 31, 2023. Tier 1 leverage ratio of 9.14% at March 31, 2024 vs. 8.33% at March 31,2023. CEO Jared Wolff commented, "Our first full quarter results as a combined company reflect strong execution on the key initiatives that will lead to achieving the profitability targets we set for Q4 2024. We began to realize the benefits of the balance sheet repositioning following the closing of the merger and generated a significantly higher level of net interest income and significantly lower operating expenses. Our deposit gathering engine generated an increase in noninterest-bearing deposits during the first quarter, which contributed to a lower average cost of deposits and the expansion in our net interest margin. We are positioned with a strong balance sheet that has good levels of capital, liquidity, and loan loss reserves, and a stable loan portfolio. While remaining disciplined and conservative in new loan originations, core loans grew 4% annualized in the quarter, offset by runoff in our discontinued portfolio. We are benefitting from our market position, seeing good opportunities to bring over new banking relationships that provide both operating deposit accounts and high-quality loans. We remain on track with our initiatives to reduce both interest expense and operating expenses and expect to make steady progress as we move through the year toward our stated profitability targets."

User Image epsguid Posted - 04/23/24

$BANC reported earnings of $0.19, consensus was $0.26 via @eWhispers #epsmiss http://eps.sh/d/banc

User Image Stock_Titan Posted - 04/23/24

$BANC Banc of California, Inc. Reports First Quarter 2024 Financial Results with Improved Profitability and Strengthened Balance Sheet https://www.stocktitan.net/news/BANC/banc-of-california-inc-reports-first-quarter-2024-financial-results-ethfo0x8pl2n.html

User Image eddiethesampson2 Posted - 04/23/24

$DVAX oh dvax how i miss u. But everytime… every fucking time.. πŸ˜‚ $BANC earnings tomorrow in case u want a quick $1-3 buck chuck. ✌🏽 πŸ€ πŸ€ to this company πŸ‘€ πŸ‘€ always

User Image eddiethesampson2 Posted - 04/23/24

$BANC LITERALLY NO ONE HAS A REASON TO SELL TILL $20.00 Lets go before Summer!

User Image DowntownPJ Posted - 04/22/24

$BANC $20

User Image eddiethesampson2 Posted - 04/22/24

$BANC load load load load

User Image jeffpunk Posted - 04/20/24

$BANC if the Market continues losing the way it did last week i wouldn't get my hopes up to high for Tuesday, even if is good earning.

User Image jb889889889 Posted - 04/20/24

$BANC Tuesday earnings day. πŸŽ‰πŸ‡ΊπŸ‡Έ

User Image pranab74 Posted - 04/19/24

$BANC prediction on eps. Wedbush >50c to others in teens. Pls share your guestimate. Thks Glta

User Image eddiethesampson2 Posted - 04/19/24

$BANC let’s go!!!

User Image jb889889889 Posted - 04/19/24

$BANC April 23 earnings date. $16+ prediction.πŸŽ‰

User Image aizgr8 Posted - 04/17/24

$BANC

User Image eddiethesampson2 Posted - 04/16/24

$BANC gooo pushhh $15.00 by friday!

User Image eddiethesampson2 Posted - 04/15/24

$BANC $17-20 by May would be nice

User Image eddiethesampson2 Posted - 04/15/24

$BANC in a blood bath Market. No one is safe, but this stock has a 2:1 value not reflected yet! two banks in one company! Come on!

Analyst Ratings
Stephens & Co. Equal-Weight Apr 25, 24
Truist Securities Hold Apr 25, 24
Barclays Equal-Weight Apr 24, 24
Wedbush Neutral Apr 24, 24
Wells Fargo Equal-Weight Apr 10, 24
Truist Securities Hold Apr 1, 24
Keefe, Bruyette & Woods Outperform Mar 22, 24
Barclays Equal-Weight Mar 8, 24
Truist Securities Hold Jan 30, 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