12-Jun-2025
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Banc of California, Inc. Announces Quarterly Dividends
Business Wire (Thu, 8-May 6:00 AM ET)
Business Wire (Wed, 23-Apr 4:15 PM ET)
Banc of California Celebrates 50 Years of Racing Excellence With 2025 Acura Grand Prix of Long Beach
Business Wire (Thu, 10-Apr 4:45 PM ET)
PRNewswire (Wed, 9-Apr 8:37 AM ET)
Banc of California Announces Schedule of First Quarter 2025 Earnings Release and Conference Call
Business Wire (Mon, 7-Apr 6:00 AM ET)
Banc of California Announces $150 Million Stock Repurchase Program
Business Wire (Mon, 17-Mar 6:00 AM ET)
Banc of California Inc is a financial holding company. It offers banking and financial services. Its services include banking services, lending services, and private banking services. Its deposit and banking product and service offerings include checking, savings, money market, certificates of deposit, and retirement accounts. Lending activities are focused on providing financing to California's diverse private businesses, entrepreneurs, and communities, and loans are often secured by California commercial and residential real estate. The company has one reportable segment named Commercial banking.
Banc Of California trades on the NYSE stock market under the symbol BANC.
As of June 12, 2025, BANC stock price declined to $14.06 with 1,315,664 million shares trading.
BANC has a beta of 1.03, meaning it tends to be more sensitive to market movements. BANC has a correlation of 0.34 to the broad based SPY ETF.
BANC has a market cap of $2.21 billion. This is considered a Mid Cap stock.
Last quarter Banc Of California reported $266 million in Revenue and $.29 earnings per share. This fell short of revenue expectation by $-5 million and exceeded earnings estimates by $.06.
In the last 3 years, BANC traded as high as $18.54 and as low as $9.72.
The top ETF exchange traded funds that BANC belongs to (by Net Assets): IJR, VTI, IWM, KRE, VXF.
BANC has underperformed the market in the last year with a price return of +6.9% while the SPY ETF gained +12.8%. BANC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.4% and +1.4%, respectively, while the SPY returned +8.3% and +2.3%, respectively.
BANC support price is $13.88 and resistance is $14.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BANC shares will trade within this expected range on the day.