Brokers Offer Predictions for BANC Q4 Earnings

Banc of California, Inc. (NYSE:BANC) – DA Davidson issued their Q4 2025 earnings per share (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 post earnings per share of $0.37 for the quarter. DA Davidson currently has a “Buy” rating and a $21.00 target price on the stock. The consensus estimate for Banc of California’s current full-year earnings is $1.31 per share.

Other analysts have also issued research reports about the company. JPMorgan Chase & Co. increased their target price on Banc of California from $20.00 to $21.00 and gave the company an “overweight” rating in a report on Friday, October 24th. Keefe, Bruyette & Woods restated an “outperform” rating and issued a $18.00 target price (up previously from $17.00) on shares of Banc of California in a report on Friday, July 25th. Citigroup upgraded Banc of California from a “neutral” rating to a “buy” rating and increased their target price for the company from $18.00 to $21.50 in a report on Monday. Raymond James Financial upgraded Banc of California from an “outperform” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Banc of California in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $19.25.

Banc of California Price Performance

BANC opened at $17.17 on Monday. The stock has a fifty day moving average of $16.76 and a 200-day moving average of $15.07. The firm has a market capitalization of $2.54 billion, a P/E ratio of 16.50 and a beta of 0.68. Banc of California has a 12-month low of $11.52 and a 12-month high of $18.24. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.32.

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

Hedge Funds Weigh In On Banc of California

Institutional investors have recently bought and sold shares of the stock. Principal Financial Group Inc. raised its holdings in Banc of California by 2.7% during the first quarter. Principal Financial Group Inc. now owns 686,067 shares of the bank’s stock valued at $9,735,000 after buying an additional 17,990 shares in the last quarter. Centerbridge Partners L.P. raised its holdings in Banc of California by 18.7% during the first quarter. Centerbridge Partners L.P. now owns 4,771,784 shares of the bank’s stock valued at $67,712,000 after buying an additional 752,239 shares in the last quarter. GAMMA Investing LLC raised its holdings in Banc of California by 22.2% during the second 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. Hsbc Holdings PLC raised its holdings in Banc of California by 111.4% during the first quarter. Hsbc Holdings PLC now owns 177,344 shares of the bank’s stock valued at $2,503,000 after buying an additional 93,454 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Banc of California by 0.5% during the first quarter. Vanguard Group Inc. now owns 9,575,301 shares of the bank’s stock valued at $135,874,000 after buying an additional 50,452 shares in the last quarter. 86.88% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Hamid Hussain sold 20,000 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $16.59, for a total transaction of $331,800.00. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.69% of the company’s stock.

Banc of California Dividend Announcement

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

About Banc of California

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.