Banc of California (BANC) Stock Overview
Operates as the bank holding company for Banc of California that provides banking and treasury management services in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
BANC Community Fair Values
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Analyst Price Targets
Banc of California, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.15 |
| 52 Week High | US$21.93 |
| 52 Week Low | US$13.96 |
| Beta | 1.14 |
| 1 Month Change | -6.86% |
| 3 Month Change | 3.07% |
| 1 Year Change | 35.24% |
| 3 Year Change | 38.24% |
| 5 Year Change | -69.92% |
| Change since IPO | -10.15% |
Recent News & Updates
Narrative Update • Jul 30
BANC: Restructuring Losses And Loan Sales Will Test Margins And Credit Trends
Analysts have trimmed their average price target for Banc of California to $22 from $24, reflecting recent revisions to revenue growth, profit margin and future P/E assumptions, while some firms maintain positive views and others have shifted to a more neutral stance. Analyst Commentary Recent research on Banc of California highlights a mix of supportive and cautious views.Narrative Update • Jul 16
BANC: Future Margins And Credit Trends Balance C&I Execution And Capital Returns
Analysts have raised their blended price target for Banc of California to about $20.65, up from roughly $20.47. They cite updated models that reflect mid single digit loan and deposit growth expectations, stable credit trends and anticipated benefits from commercial and industrial lending growth highlighted in recent research.Recent updates
Narrative Update • Jul 30
BANC: Restructuring Losses And Loan Sales Will Test Margins And Credit Trends
Analysts have trimmed their average price target for Banc of California to $22 from $24, reflecting recent revisions to revenue growth, profit margin and future P/E assumptions, while some firms maintain positive views and others have shifted to a more neutral stance. Analyst Commentary Recent research on Banc of California highlights a mix of supportive and cautious views.Narrative Update • Jul 16
BANC: Future Margins And Credit Trends Balance C&I Execution And Capital Returns
Analysts have raised their blended price target for Banc of California to about $20.65, up from roughly $20.47. They cite updated models that reflect mid single digit loan and deposit growth expectations, stable credit trends and anticipated benefits from commercial and industrial lending growth highlighted in recent research.Narrative Update • Jul 02
BANC: Future Margins And Credit Trends Will Shape Fair Value
Analysts have nudged their fair value estimate for Banc of California to about $20.47 per share from $20.00, citing higher Street price targets around $24 and updated assumptions for slightly softer revenue growth, stronger profit margins, and a modestly higher discount rate and future P/E multiple. Analyst Commentary Recent commentary on Banc of California reflects a mix of optimism and caution, with some large firms updating their models and price targets ahead of upcoming earnings.
Narrative Update • Jun 18
BANC: Extended Buyback And Stable Credit Costs Will Support Repricing Potential
The analyst price target for Banc of California has been adjusted in recent reports by increments of $1 to $1.50. These changes reflect updated analyst views on the stock's risk profile, earnings outlook, and valuation assumptions.Narrative Update • Jun 04
BANC: Extended Buyback And Stable Credit Costs Will Support Future Repricing
Narrative Update: Banc of California Analyst Price Target Shift Analysts have adjusted their blended price target on Banc of California by a few dollars, reflecting recent changes in their models after both Piper Sandler and JPMorgan moved their targets in a range of roughly $1 to $4.50 based on updated views of the bank's earnings power and risk profile. Analyst Commentary Recent moves in price targets on Banc of California show a mixed but active debate around the stock, with both upward and downward revisions clustered within a few dollars.Seeking Alpha • May 30
Banc Of California: Locking In A Yield Of Almost 7% For 15 Months
Summary Banc of California Series F Preferred shares offer an attractive 8.6% total return if called in September 2027. BANC's strong liquidity, solid net interest income, and manageable credit risk support continued preferred dividend payments. Redeeming BANC.PR.F in 2027 would boost common EPS by over $0.05, making the call highly likely given expensive reset terms. I'm accumulating BANC.PR.F near par, favoring its yield and call likelihood over common shares for near-term fixed income exposure. Read the full article on Seeking AlphaNarrative Update • May 21
BANC: Extended Buyback And Tighter Earnings Assumptions Will Support Future Repricing
Narrative Update The analyst price target for Banc of California has shifted by $1.50. Recent research cites updated assumptions for the discount rate, profit margin and future P/E as key drivers of the revised view.Narrative Update • May 07
BANC: Extended Buyback And Improved Profit Outlook Will Support Future Repricing
The analyst price target for Banc of California has shifted modestly higher to $22.68 from $22.55, with analysts citing updated views on revenue growth, profit margins, and a lower assumed future P/E multiple as key drivers of the recalibration. Analyst Commentary Recent price target changes for Banc of California highlight a mix of optimism and caution, with adjustments in both directions over the past few months reflecting evolving views on execution, profitability, and valuation.Narrative Update • Apr 21
BANC: Extended Buyback And Higher Dividend Will Support Future Repricing
Banc of California's updated analyst price target has moved slightly lower to about $22.55 from roughly $22.82, as analysts weigh recent price target adjustments alongside modest changes in assumed profit margin and future P/E levels. Analyst Commentary Recent research calls show a mix of optimism and caution around Banc of California, with several firms adjusting their price targets both higher and lower over the past few months.Narrative Update • Apr 06
BANC: Extended Buyback And Higher Dividend Will Support Future Upside
Analysts have lowered their price target on Banc of California by about $0.80, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E following recent target changes from several firms. Analyst Commentary Recent Street research on Banc of California has included both higher and lower price targets, as analysts reassessed their assumptions on earnings power, valuation multiples, and execution risk.Narrative Update • Mar 23
BANC: Share Repurchases And Higher Dividend Will Support Future Upside
Analysts moderately adjusted their fair value estimate for Banc of California to $23.59 per share from $23.77, citing updated assumptions for the discount rate, revenue growth, profit margins, and future P/E, along with recent Street research that raised price targets by $1 at multiple firms. Analyst Commentary Recent Street research has focused on how updated assumptions and new price targets align with the current fair value estimate of $23.59 per share.Narrative Update • Mar 06
BANC: Higher Dividend And Earnings Power Assumptions Will Support Future Upside
Analysts have inched their average price target for Banc of California up by about $0.12 to $23.77, reflecting updated views on fair value, discount rate assumptions and future P/E multiples in recent Street research. Analyst Commentary Bullish analysts are nudging their targets higher, which lines up with the small move in the average price target to $23.77.Narrative Update • Feb 20
BANC: Higher Margins And Dividend Increase Will Support Future Upside
Analysts have lifted their price target on Banc of California by $1, reflecting updated assumptions around discount rates, profit margins and future P/E multiples. Analyst Commentary Recent research highlights how small changes in key assumptions, such as discount rates, profit margins and P/E multiples, are feeding directly into valuation work on Banc of California.Analysis Article • Feb 08
Banc of California's (NYSE:BANC) Shareholders Will Receive A Bigger Dividend Than Last Year
Banc of California, Inc.'s ( NYSE:BANC ) periodic dividend will be increasing on the 1st of April to $0.12, with...Narrative Update • Feb 06
BANC: Higher Earnings Margins And Repurchases Will Support Upside Potential
Analysts have lifted their fair value estimate for Banc of California from US$22.59 to US$23.65, reflecting updated assumptions around revenue growth, profit margins and future P/E expectations cited in recent research. Analyst Commentary Recent research updates show analysts fine tuning their views on Banc of California as they revisit their assumptions around earnings power, valuation and execution risks.Narrative Update • Jan 23
BANC: Share Repurchases And Earnings Assumptions Will Support Balanced Outlook
Analysts have lifted their fair value estimate for Banc of California from about US$22.14 to roughly US$22.59 per share, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E as key inputs behind the revised price target range. What's in the News Banc of California reported no share repurchases between October 1, 2025 and December 31, 2025 under its existing buyback program (Key Developments).Narrative Update • Jan 08
BANC: Share Repurchases And Profitability Assumptions Will Support Balanced Outlook
Analysts have modestly raised their fair value estimate for Banc of California from about $20.95 to $22.14, citing a slightly higher expected profit margin and a marginally higher future P/E assumption as key drivers of the updated price target. What's in the News From July 1, 2025 to September 30, 2025, Banc of California repurchased 2,153,792 shares for $35.49 million, representing 1.37% of its shares under an existing buyback program (Key Developments).Narrative Update • Dec 17
BANC: Lower Funding Costs And 2025 Expansion Will Support Balanced Outlook
Analysts have raised their price target on Banc of California to about $20.95 from roughly $20.41 per share, citing expectations for lower funding costs with only modest pressure on asset yields, as well as potential upside to 2025 loan and deposit growth. Analyst Commentary Recent commentary from JPMorgan and other bullish analysts highlights a constructive shift in sentiment toward Banc of California, driven by expectations for improved funding dynamics and a more supportive growth outlook into 2025.Narrative Update • Dec 03
BANC: Fair Outlook Will Reflect Lower Funding Costs And 2025 Growth Potential
Analysts have nudged their fair value estimate for Banc of California slightly higher from $20.23 to $20.41 per share, citing expectations for lower funding costs with only modest pressure on earning asset yields and potential upside to 2025 loan and deposit growth. Analyst Commentary Bullish Takeaways Bullish analysts highlight that lower funding costs should provide a tailwind to net interest margins, supporting the modest increase in fair value.Narrative Update • Nov 19
BANC: Shares Will Rise Following Overweight Upgrade And Positive Catalyst Watch
Analysts have raised their price target for Banc of California from $17 to $20. They cite expectations of reduced funding costs and potential upside in the company’s loan and deposit growth outlooks.Analysis Article • Nov 13
Banc of California, Inc. Just Beat EPS By 14%: Here's What Analysts Think Will Happen Next
Last week saw the newest quarterly earnings release from Banc of California, Inc. ( NYSE:BANC ), an important milestone...Narrative Update • Nov 05
BANC: Shares Will Gain From Overweight Upgrade And Reduced Funding Costs
Analysts have raised their price target for Banc of California to $20.23 from $19.45, citing expectations for lower funding costs as well as stronger loan and deposit growth in the coming year. Analyst Commentary Banc of California’s recent price target increase has prompted a closer look at both the opportunities and potential challenges the bank may face in the coming year.Narrative Update • Oct 22
Analysts Boost Banc of California Price Target Amid Positive Outlook and Share Buybacks
Narrative Update on Banc of California Analysts have raised their price target for Banc of California from $18.82 to $19.45, citing expectations for lower funding costs, stable asset yields, and improved prospects for loan and deposit growth. Analyst Commentary Analyst opinions on Banc of California's outlook continue to evolve as the bank demonstrates improved fundamentals and growth prospects.Narrative Update • Oct 08
Digital Transformation And Merger Synergies Will Drive California Banking Value
The analyst price target for Banc of California has risen from $18.05 to $18.82 per share. This change reflects analysts' improved outlook based on anticipated reductions in funding costs as well as stronger loan and deposit growth projections for 2025.Narrative Update • Sep 23
Digital Transformation And Merger Synergies Will Drive California Banking Value
With both the discount rate and future P/E ratio showing only immaterial changes, the consensus analyst price target for Banc of California remains essentially unchanged at $18.05. What's in the News Completed $150 million share buyback, repurchasing 11,494,637 shares (6.89% of shares outstanding).Narrative Update • Sep 08
Digital Transformation And Merger Synergies Will Drive California Banking Value
Banc of California's consensus analyst price target saw only a marginal increase from $17.77 to $18.05, as both the Future P/E and Discount Rate remained essentially unchanged. What's in the News Completed $150 million share repurchase program, retiring 11,494,637 shares (6.89% of shares outstanding).Narrative Update • Aug 24
Digital Transformation And Merger Synergies Will Drive California Banking Value
With no material changes observed in Banc of California's key valuation metrics—Future P/E and Discount Rate—the consensus analyst price target remains steady at $17.77. What's in the News Repurchased 8,809,814 shares for $111.44 million in Q2, completing the $150 million buyback program with a total of 11,494,637 shares retired (6.89% of shares outstanding).Narrative Update • Aug 09
Digital Transformation And Merger Synergies Will Drive California Banking Value
With both the Discount Rate and Future P/E essentially unchanged, the fair value estimate for Banc of California remains stable at $17.68. What's in the News Net charge-offs for Q2 were $44.2 million, down from $55.7 million year-over-year.New Narrative • May 27
California Urban And Tech Trends Will Unlock Future Opportunities
Benefiting from regional growth, reduced competition, and a larger client base positions the bank for sustained loan and revenue expansion.Seeking Alpha • Mar 20
Banc of California: Improving Funding Mix Makes 2025 Promising
Summary Banc of California stock remains a buy due to its TBV being below historical averages and potential for profitability expansion through reduced deposit costs. Despite dividend weaknesses, the bank shows potential for capital gains, with a fair value estimate suggesting a 24% upside. Improvements in the funding mix and high-quality assets are key growth drivers, though loan portfolio expansion remains a challenge. The bank's valuation is attractive, trading at 0.89x TBV compared to a historical average of 1.25x, indicating significant undervaluation. Read the full article on Seeking AlphaSeeking Alpha • Jul 09
Banc of California: Opportunity Amidst The Noise
Summary Banc of California has been busy since closing the PacWest deal, including billions of dollars of balance sheet restructuring in Q1 that meaningfully reduces funding costs. I expect above-average growth in 2025 driven by balance sheet restructuring, NIM improvement, and cost synergies from the PacWest deal. Long-term core earnings growth should grow at 5-6%, driving a fair value above $15, and the shares also appear undervalued on ROTCE-driven P/TBV, with a potential fair value of $18.50-$20. Read the full article on Seeking AlphaSeeking Alpha • Jun 21
Banc of California: 0.75x Book Value, Soaring NII, 3.1% Dividend (Rating Upgrade)
Summary Banc of California shares are undervalued, trading below book value, with potential for upside due to balance sheet restructuring and growth in the net interest margin. The lender's net interest margin increased to 2.66% in Q1'24, driven by a reduction in high cost wholesale funding. Despite risks to interest rates, Banc of California is a bargain and offers investors significant revaluation potential. I see a fair value, based on earnings and book value, of ~$17. Read the full article on Seeking AlphaSeeking Alpha • Jun 11
Banc of California: Priced Below Tangible Book Value Unfairly
Summary Banc of California and PacWest merger created the third largest bank in California with over 70 branches and a focus on improving profitability. Asset analysis shows a stable loan portfolio with potential for improved profitability through new loan production and asset repricing opportunities. Liability analysis highlights a decrease in deposit costs and borrowing, with a focus on growing non-interest-bearing deposits to fuel profitability and improve net interest margin. Read the full article on Seeking AlphaShareholder Returns
| BANC | US Banks | US Market | |
|---|---|---|---|
| 7D | -10.0% | 0.0006% | 1.0% |
| 1Y | 35.2% | 27.3% | 19.1% |
Return vs Industry: BANC exceeded the US Banks industry which returned 24% over the past year.
Return vs Market: BANC exceeded the US Market which returned 16.5% over the past year.
Price Volatility
| BANC volatility | |
|---|---|
| BANC Average Weekly Movement | 5.0% |
| Banks Industry Average Movement | 3.4% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: BANC has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: BANC's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1941 | 1,904 | Jared Wolff | bancofcal.com |
Banc of California, Inc. operates as the bank holding company for Banc of California that provides banking and treasury management services in the United States. The company offers deposit products, including checking, savings, money market, demand, and retirement accounts, as well as time deposits, certificates of deposit, and safe deposit boxes. It also provides real estate loans, such as commercial real estate mortgage, multi-family, other residential real estate mortgage, and real estate construction and land loans; commercial loans and leases comprising lender finance, equipment finance, other asset-based, venture capital, secured business, warehouse, and other lending loans; and consumer loans.
Banc of California, Inc. Fundamentals Summary
| BANC fundamental statistics | |
|---|---|
| Market cap | US$2.98b |
| Earnings (TTM) | -US$62.29m |
| Revenue (TTM) | US$690.23m |
1.0x
P/B Ratio4.4x
P/S RatioIs BANC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BANC income statement (TTM) | |
|---|---|
| Revenue | US$690.23m |
| Cost of Revenue | US$0 |
| Gross Profit | US$690.23m |
| Other Expenses | US$752.53m |
| Earnings | -US$62.29m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.39 |
| Gross Margin | 100.00% |
| Net Profit Margin | -9.02% |
| Debt/Equity Ratio | 89.0% |
How did BANC perform over the long term?
See historical performance and comparisonDividends
2.5%
Current Dividend Yield-110%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/31 18:32 |
| End of Day Share Price | 2026/07/31 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Banc of California, Inc. is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jared David Shaw | Barclays |
| Lana Chan | BMO Capital Markets Equity Research |
| Timothy Coffey | Brean Capital Historical (Janney Montgomery) |