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Banc of California (BANC) Company Overview

Profile

Full Name:

Banc of California, Inc.

Country:

United States

IPO:

August 23, 2002

Indexes:

Not included

Description:

Banc of California is a financial institution that offers banking services, including loans, mortgages, and investment solutions. It focuses on serving businesses and individuals in California, providing personalized support and innovative financial products to help clients achieve their goals.

Key Details

Price

$16.28

Annual Revenue

$985.89 M(+254.15% YoY)

Annual EPS

$0.52(+102.29% YoY)

Beta

1.45

Events Calendar

Earnings

Next earnings date:

Apr 23, 2025

Recent quarterly earnings:

Jan 23, 2025

Recent annual earnings:

Jan 23, 2025
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 16, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

Jan 27, 25 Stephens & Co.
Equal-Weight
Jan 24, 25 Raymond James
Outperform
Jan 24, 25 Barclays
Overweight
Jan 6, 25 Wells Fargo
Overweight
Dec 5, 24 Barclays
Overweight
Dec 4, 24 Keefe, Bruyette & Woods
Outperform
Oct 31, 24 Barclays
Overweight
Oct 24, 24 Stephens & Co.
Equal-Weight
Oct 23, 24 Wells Fargo
Equal-Weight
Oct 23, 24 Wedbush
Outperform

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Banc of California, Inc. Announces Quarterly Dividends
Banc of California, Inc. Announces Quarterly Dividends
Banc of California, Inc. Announces Quarterly Dividends
BANC
businesswire.comFebruary 7, 2025

LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share on its outstanding common stock. The dividend will be payable April 1, 2025, to stockholders of record as of March 14, 2025. The Board of Directors also declared a quarterly cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F. The dividend will be.

Banc of California, Inc. (BANC) Q4 2024 Earnings Call Transcript
Banc of California, Inc. (BANC) Q4 2024 Earnings Call Transcript
Banc of California, Inc. (BANC) Q4 2024 Earnings Call Transcript
BANC
seekingalpha.comJanuary 23, 2025

Banc of California, Inc. (NYSE:BANC ) Q4 2024 Earnings Conference Call January 23, 2025 1:00 PM ET Company Participants Ann DeVries - Head, IR Jared Wolff - President & CEO Joe Kauder - CFO Conference Call Participants Timur Braziler - Wells Fargo Chris McGratty - KBW Matthew Clark - Piper Sandler Gary Tenner - D.A. Davidson Andrew Terrell - Stephens David Feaster - Raymond James Jared Shaw - Barclays Capital Operator Good day, and welcome to the Banc of California Fourth Quarter 2024 Earnings Conference Call.

Banc of California (BANC) Tops Q4 Earnings Estimates
Banc of California (BANC) Tops Q4 Earnings Estimates
Banc of California (BANC) Tops Q4 Earnings Estimates
BANC
zacks.comJanuary 23, 2025

Banc of California (BANC) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to loss of $0.46 per share a year ago.

Banc of California, Inc. Reports Fourth Quarter Diluted Earnings per Share of $0.28, Reflecting Strong Year-Over-Year Net Interest Margin Expansion and Lower Noninterest Expenses
Banc of California, Inc. Reports Fourth Quarter Diluted Earnings per Share of $0.28, Reflecting Strong Year-Over-Year Net Interest Margin Expansion and Lower Noninterest Expenses
Banc of California, Inc. Reports Fourth Quarter Diluted Earnings per Share of $0.28, Reflecting Strong Year-Over-Year Net Interest Margin Expansion and Lower Noninterest Expenses
BANC
businesswire.comJanuary 23, 2025

LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC): $0.28 Earnings Per Share $17.78 Book Value Per Share   $15.72 Tangible Book Value Per Share(1) 10.55% CET1 Ratio 29.1% Average Noninterest- Bearing Deposits to Average Total Deposits Banc of California, Inc. (NYSE: BANC) (“Banc of California” or the “Company”), the parent company of wholly-owned subsidiary Banc of California (the “Bank”), today reported financial results for the fourth quarter and year ended December 31, 2024.

Seeking Clues to Banc of California (BANC) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Seeking Clues to Banc of California (BANC) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Seeking Clues to Banc of California (BANC) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
BANC
zacks.comJanuary 20, 2025

Besides Wall Street's top -and-bottom-line estimates for Banc of California (BANC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.

CANADIAN BANC CORP. Monthly Dividend Declaration for Class A & Preferred Share
CANADIAN BANC CORP. Monthly Dividend Declaration for Class A & Preferred Share
CANADIAN BANC CORP. Monthly Dividend Declaration for Class A & Preferred Share
BANC
globenewswire.comJanuary 20, 2025

TORONTO, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.14538 for each Class A share and $0.05792 for each Preferred share. Distributions are payable February 10, 2025 to shareholders on record as at January 31, 2025.

Banc of California (BANC) Reports Next Week: Wall Street Expects Earnings Growth
Banc of California (BANC) Reports Next Week: Wall Street Expects Earnings Growth
Banc of California (BANC) Reports Next Week: Wall Street Expects Earnings Growth
BANC
zacks.comJanuary 16, 2025

Banc of California (BANC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Banc of California: The Rescue Plan Continues
Banc of California: The Rescue Plan Continues
Banc of California: The Rescue Plan Continues
BANC
seekingalpha.comJanuary 5, 2025

Banc of California's turnaround, presents a contrarian investment opportunity with a 32% return so far. The bank's repositioning of its balance sheet and reduced Federal Reserve loan dependence show promising progress. Trust in banking is crucial.

Banc of California Announces Schedule of Fourth Quarter 2024 Earnings Release and Conference Call
Banc of California Announces Schedule of Fourth Quarter 2024 Earnings Release and Conference Call
Banc of California Announces Schedule of Fourth Quarter 2024 Earnings Release and Conference Call
BANC
businesswire.comJanuary 3, 2025

LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) today announced it will release financial results for the fourth quarter and fiscal year ended December 31, 2024 on Thursday, January 23, 2025. The Company will host a conference call to discuss these financial results at 10:00 a.m. Pacific Time (PT) on the same day. Interested parties are welcome to attend the conference call by dialing (888) 317-6003 and referencing event code 4964279. A link to the live audio.

Banc of California, Inc. Announces Quarterly Dividends
Banc of California, Inc. Announces Quarterly Dividends
Banc of California, Inc. Announces Quarterly Dividends
BANC
businesswire.comNovember 8, 2024

LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share on its outstanding common stock. The dividend will be payable January 2, 2025, to stockholders of record as of December 16, 2024. The Board of Directors also declared a quarterly cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F. The dividend wil.

FAQ

  • What is the ticker symbol for Banc of California?
  • Does Banc of California pay dividends?
  • What sector is Banc of California in?
  • What industry is Banc of California in?
  • What country is Banc of California based in?
  • When did Banc of California go public?
  • Is Banc of California in the S&P 500?
  • Is Banc of California in the NASDAQ 100?
  • Is Banc of California in the Dow Jones?
  • When was Banc of California's last earnings report?
  • When does Banc of California report earnings?
  • Should I buy Banc of California stock now?

What is the ticker symbol for Banc of California?

The ticker symbol for Banc of California is NYSE:BANC

Does Banc of California pay dividends?

Yes, Banc of California pays dividends. The last payment was $0.10, with an ex-dividend date on December 16, 2024

What sector is Banc of California in?

Banc of California is in the Financial Services sector

What industry is Banc of California in?

Banc of California is in the Banks - Regional industry

What country is Banc of California based in?

Banc of California is headquartered in United States

When did Banc of California go public?

Banc of California's initial public offering (IPO) was on August 23, 2002

Is Banc of California in the S&P 500?

No, Banc of California is not included in the S&P 500 index

Is Banc of California in the NASDAQ 100?

No, Banc of California is not included in the NASDAQ 100 index

Is Banc of California in the Dow Jones?

No, Banc of California is not included in the Dow Jones index

When was Banc of California's last earnings report?

Banc of California's most recent earnings report was on Jan 23, 2025

When does Banc of California report earnings?

The next expected earnings date for Banc of California is Apr 23, 2025

Should I buy Banc of California stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions