Analysts Set Expectations for BANC Q4 Earnings

Banc of California, Inc. (NYSE:BANCFree Report) – DA Davidson issued their Q4 2025 EPS estimates for shares of Banc of California in a research note issued to investors on Friday, October 24th. DA Davidson analyst G. Tenner forecasts that the bank will earn $0.37 per share for the quarter. DA Davidson has a “Buy” rating and a $21.00 price objective on the stock. The consensus estimate for Banc of California’s current full-year earnings is $1.31 per share.

Banc of California (NYSE:BANCGet Free Report) last released its quarterly earnings data on Monday, May 13th. The bank reported $1.03 earnings per share for the quarter. The firm had revenue of $315.66 million for the quarter. Banc of California had a net margin of 11.49% and a return on equity of 8.00%.

Several other research analysts have also weighed in on BANC. Wells Fargo & Company upped their price objective on shares of Banc of California from $18.00 to $20.00 and gave the company an “overweight” rating in a research note on Monday, September 29th. Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $18.00 price objective (up previously from $17.00) on shares of Banc of California in a research note on Friday, July 25th. Wall Street Zen upgraded shares of Banc of California from a “sell” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reiterated a “hold (c)” rating on shares of Banc of California in a research note on Wednesday, October 8th. Finally, Citigroup upgraded shares of Banc of California from a “neutral” rating to a “buy” rating and increased their price target for the stock from $18.00 to $21.50 in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Banc of California presently has a consensus rating of “Moderate Buy” and a consensus target price of $19.25.

Get Our Latest Stock Analysis on BANC

Banc of California Stock Up 1.4%

Banc of California stock opened at $17.23 on Monday. The firm has a market cap of $2.55 billion, a PE ratio of 16.56 and a beta of 0.68. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.89 and a current ratio of 0.89. The firm’s 50 day moving average price is $16.72 and its two-hundred day moving average price is $15.04. Banc of California has a twelve month low of $11.52 and a twelve month high of $18.24.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BANC. GAMMA Investing LLC grew its stake in Banc of California by 22.2% in the 2nd quarter. GAMMA Investing LLC now owns 4,201 shares of the bank’s stock valued at $59,000 after buying an additional 762 shares during the last quarter. Osaic Holdings Inc. grew its stake in Banc of California by 210.8% in the 2nd quarter. Osaic Holdings Inc. now owns 5,809 shares of the bank’s stock valued at $82,000 after buying an additional 3,940 shares during the last quarter. CWM LLC grew its stake in Banc of California by 41.7% in the 1st quarter. CWM LLC now owns 8,049 shares of the bank’s stock valued at $114,000 after buying an additional 2,367 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Banc of California in the 1st quarter valued at $123,000. Finally, Xponance Inc. acquired a new position in Banc of California in the 1st quarter valued at $148,000. 86.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Banc of California

In related news, insider Hamid Hussain sold 20,000 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $16.59, for a total value of $331,800.00. Following the transaction, the insider directly owned 66,444 shares in the company, valued at approximately $1,102,305.96. This trade represents a 23.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.69% of the stock is currently owned by company insiders.

Banc of California Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Monday, September 15th were paid a dividend of $0.10 per share. The ex-dividend date was Monday, September 15th. This represents a $0.40 annualized dividend and a dividend yield of 2.3%. Banc of California’s dividend payout ratio is 38.46%.

Banc of California Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Banc of California (NYSE:BANC)

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