NYSE:BANCBanks
Banc Of California (BANC) In Focus After Dividend Hike As Undervalued View Holds
Dividend hike puts Banc of California in focus
Banc of California (BANC) has moved into the spotlight after raising its dividend by 20%, supported by a payout ratio near 32%. CEO Jared Wolff has also emphasized momentum in the business.
See our latest analysis for Banc of California.
Alongside the dividend hike, Banc of California’s recent share price performance has been firm, with a 24.63% 3 month share price return and a 52.95% 1 year total shareholder return indicating building momentum...