Banc of California (NYSE:BANC) Sets New 12-Month High – Here’s Why

08 Dec 2025, 16:48 by Michael Walen · The Markets Daily

Banc of California, Inc. (NYSE:BANC – Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $19.30 and last traded at $19.2320, with a volume of 74258 shares trading hands. The stock had previously closed at $19.10.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BANC. Wells Fargo & Company boosted their target price on Banc of California from $18.00 to $20.00 and gave the stock an “overweight” rating in a report on Monday, September 29th. DA Davidson lifted their price target on shares of Banc of California from $20.00 to $21.00 and gave the company a “buy” rating in a research report on Friday, October 24th. Barclays boosted their price objective on shares of Banc of California from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 8th. Citigroup raised shares of Banc of California from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $18.00 to $21.50 in a research report on Monday, October 27th. Finally, JPMorgan Chase & Co. raised their target price on shares of Banc of California from $20.00 to $21.00 and gave the company an “overweight” rating in a research note on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.25.

Check Out Our Latest Report on Banc of California

Banc of California Stock Performance

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 stock has a fifty day simple moving average of $17.30 and a two-hundred day simple moving average of $15.87. The stock has a market cap of $2.92 billion, a PE ratio of 18.54 and a beta of 0.72.

Banc of California (NYSE:BANC – Get Free Report) last posted its quarterly earnings data on Monday, May 13th. The bank reported $1.03 earnings per share (EPS) for the quarter. Banc of California had a net margin of 11.49% and a return on equity of 8.00%. The company had revenue of $315.66 million for the quarter. Equities analysts anticipate that Banc of California, Inc. will post 1.31 EPS for the current fiscal year.

Banc of California Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Monday, December 15th will be issued a $0.10 dividend. The ex-dividend date is Monday, December 15th. This represents a $0.40 dividend on an annualized basis and a yield of 2.1%. Banc of California’s payout ratio is currently 38.46%.

Institutional Trading of Banc of California

Several large investors have recently modified their holdings of BANC. Triumph Capital Management acquired a new position in shares of Banc of California in the third quarter worth about $25,000. Advisory Services Network LLC purchased a new stake in Banc of California during the 3rd quarter worth approximately $36,000. Aster Capital Management DIFC Ltd raised its position in shares of Banc of California by 145.1% in the 3rd quarter. Aster Capital Management DIFC Ltd now owns 4,181 shares of the bank’s stock valued at $69,000 after purchasing an additional 2,475 shares in the last quarter. Danske Bank A S purchased a new position in shares of Banc of California during the 3rd quarter valued at approximately $70,000. Finally, GAMMA Investing LLC boosted its stake in shares of Banc of California by 22.2% during 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. 86.88% of the stock is currently owned by institutional investors and hedge funds.

About Banc of California

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