Banc of California (NYSE:BANC) Price Target Raised to $23.00

Banc of California (NYSE:BANC) had its price target increased by Keefe, Bruyette & Woods from $22.00 to $23.00 in a research note issued to investors on Friday,Benzinga reports. They currently have an outperform rating on the bank’s stock.

A number of other equities analysts have also commented on the company. DA Davidson boosted their price objective on Banc of California from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, October 24th. Barclays lifted their price target on Banc of California from $21.00 to $25.00 and gave the company an “overweight” rating in a report on Friday, December 19th. Raymond James Financial upgraded shares of Banc of California from an “outperform” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Wall Street Zen upgraded shares of Banc of California from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Banc of California in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Banc of California presently has an average rating of “Moderate Buy” and a consensus price target of $20.45.

Banc of California Trading Down 3.9%

Shares of Banc of California stock opened at $19.93 on Friday. Banc of California has a 12-month low of $11.52 and a 12-month high of $21.61. The stock has a market capitalization of $3.02 billion, a P/E ratio of 16.89 and a beta of 0.69. The company has a 50-day simple moving average of $19.37 and a 200 day simple moving average of $17.33. The company has a quick ratio of 0.89, a current ratio of 0.90 and a debt-to-equity ratio of 0.31.

Banc of California (NYSE:BANC) last posted its earnings results on Wednesday, January 21st. The bank reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.05. The company had revenue of $292.93 million during the quarter, compared to analysts’ expectations of $288.41 million. Banc of California had a net margin of 12.59% and a return on equity of 8.66%. During the same quarter in the previous year, the company posted $0.28 earnings per share. Research analysts expect that Banc of California will post 1.31 earnings per share for the current fiscal year.

Banc of California Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Monday, December 15th were issued a $0.10 dividend. The ex-dividend date was Monday, December 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.0%. Banc of California’s dividend payout ratio (DPR) is 33.90%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Voya Investment Management LLC lifted its holdings in Banc of California by 338.7% during the 3rd quarter. Voya Investment Management LLC now owns 166,298 shares of the bank’s stock worth $2,752,000 after purchasing an additional 128,387 shares during the last quarter. GAMMA Investing LLC grew its holdings 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 in the last quarter. ARGA Investment Management LP bought a new position in Banc of California during the 3rd quarter worth $1,730,000. Savant Capital LLC acquired a new stake in shares of Banc of California during the second quarter worth $455,000. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Banc of California by 63.6% during the second quarter. Bank of New York Mellon Corp now owns 1,797,082 shares of the bank’s stock worth $25,249,000 after buying an additional 698,426 shares in the last quarter. Institutional investors own 86.88% of the company’s stock.

Trending Headlines about Banc of California

Here are the key news stories impacting Banc of California this week:

• Positive Sentiment: Quarterly results beat expectations — EPS and revenue topped consensus, supporting the view that the franchise is stabilizing after recent cycles. Banc of California, Inc. (NYSE:BANC) Q4 2025 earnings call transcript
• Positive Sentiment: Management is targeting 10%–12% net interest income (NII) growth in 2026 and expects to expand loan production — a clear growth signal that could drive revenue expansion if achieved. Banc of California targets 10% to 12% net interest income growth in 2026 while expanding loan production
• Positive Sentiment: Analysts are reacting favorably: Keefe, Bruyette & Woods raised its price target to $23 and maintains an outperform view; other analyst commentary highlighted the company’s improving outlook. Analyst support adds credibility to the recovery story. What Analysts Are Saying About Banc of California Stock
• Neutral Sentiment: Company presentation and earnings-call transcript provide more detail on drivers (NII targets, loan pipeline, expense outlook) — useful for assessing feasibility but not an immediate price mover by itself. Banc of California, Inc. 2025 Q4 – Results – Earnings Call Presentation
• Neutral Sentiment: Media summaries and earnings snapshots offer quick reads of the quarter and management commentary; they reinforce the same themes but add little new information. Banc of California: Q4 Earnings Snapshot
• Negative Sentiment: Despite the beat and upbeat guidance, the stock traded lower after the release — a market reaction likely driven by profit-taking after the run to a 12‑month high and investor scrutiny of forward-margin drivers (timing/pace of loan growth, deposit costs, and expense leverage). This short-term pullback signals caution even amid improving fundamentals. Banc of California’s (NYSE:BANC) Q4 CY2025: Beats On Revenue But Stock Drops

About Banc of California

Banc of California, N.A. is a full-service commercial bank headquartered in Santa Ana, California, offering a broad spectrum of banking products and services to corporate and individual customers. The bank focuses on serving middle-market businesses, professional service firms, real estate investors and developers, and entrepreneurs throughout California. Its core offerings include deposit accounts, treasury management services, commercial real estate lending, equipment finance, lines of credit and Small Business Administration lending, complemented by cash management and online banking solutions.

Operating a network of branches and lending offices concentrated in both Southern and Northern California, Banc of California seeks to support local businesses and communities with personalized service and regional expertise.