Banc of California (BANC) News Today

$14.59
+0.50 (+3.55%)
(As of 05/17/2024 ET)
Banc of California, Inc. (NYSE:BANC) Short Interest Up 6.2% in April
Banc of California, Inc. (NYSE:BANC - Get Free Report) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 11,160,000 shares, an increase of 6.2% from the April 15th total of 10,510,000 shares. Based on an average daily volume of 2,270,000 shares, the short-interest ratio is presently 4.9 days.
Massachusetts Financial Services Co. MA Raises Stock Holdings in Banc of California, Inc. (NYSE:BANC)
Massachusetts Financial Services Co. MA raised its position in shares of Banc of California, Inc. (NYSE:BANC - Free Report) by 345.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,291,541 shares of the bank's stock aft
Wells Fargo Keeps Their Hold Rating on Banc of California (BANC)
FY2025 EPS Estimates for Banc of California, Inc. Decreased by Wedbush (NYSE:BANC)
Banc of California, Inc. (NYSE:BANC - Free Report) - Stock analysts at Wedbush reduced their FY2025 earnings per share estimates for shares of Banc of California in a research report issued on Monday, May 13th. Wedbush analyst D. Chiaverini now forecasts that the bank will earn $1.90 per share fo
Banc of California (NYSE:BANC) PT Lowered to $17.50
DA Davidson reduced their price target on Banc of California from $20.00 to $17.50 and set a "buy" rating on the stock in a research note on Wednesday.
Q2 2024 EPS Estimates for Banc of California, Inc. Cut by Analyst (NYSE:BANC)
Banc of California, Inc. (NYSE:BANC - Free Report) - Equities research analysts at DA Davidson reduced their Q2 2024 earnings per share (EPS) estimates for Banc of California in a report issued on Tuesday, May 14th. DA Davidson analyst G. Tenner now forecasts that the bank will post earnings per
Banc of California (NYSE:BANC) Rating Reiterated by Stephens
Banc of California, Inc. (NYSE:BANC) to Issue Quarterly Dividend of $0.10
Banc of California, Inc. (NYSE:BANC) announced a quarterly dividend on Tuesday, May 14th. Investors of record on Friday, June 14th will be given a dividend of 0.10 per share by the bank on Monday, July 1st. This represents a $0.40 dividend on an annualized basis and a yield of 2.86%. The ex-dividend date of this dividend is Friday, June 14th.
Stephens Trims Banc of California (NYSE:BANC) Target Price to $15.00
Stephens lowered their price objective on shares of Banc of California from $16.00 to $15.00 and set an "equal weight" rating for the company in a research report on Tuesday.
Banc of California (NYSE:BANC) Sees Large Volume Increase
Banc of California (NYSE:BANC) Sees Unusually-High Trading Volume
10 Analysts Have This To Say About Banc of California
Banc of California's (BANC) Equal Weight Rating Reaffirmed at Stephens
Stephens restated an "equal weight" rating and issued a $16.00 target price on shares of Banc of California in a research report on Monday.
Piper Sandler Lowers Banc of California (NYSE:BANC) Price Target to $19.00
Piper Sandler dropped their price objective on shares of Banc of California from $20.00 to $19.00 and set an "overweight" rating on the stock in a research note on Monday.
Banc of California, Inc. (NYSE:BANC) Shares Sold by Victory Capital Management Inc.
Victory Capital Management Inc. reduced its stake in shares of Banc of California, Inc. (NYSE:BANC - Free Report) by 30.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,299,779 shares of the bank's stock after selling 576,815 shares during the period. Vi
LSV Asset Management Sells 310,315 Shares of Banc of California, Inc. (NYSE:BANC)
LSV Asset Management lowered its stake in Banc of California, Inc. (NYSE:BANC - Free Report) by 39.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 482,685 shares of the bank's stock after selling 310,315 sha
Banc of California, Inc. (NYSE:BANC) Short Interest Up 14.0% in April
Banc of California, Inc. (NYSE:BANC - Get Free Report) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 10,510,000 shares, a growth of 14.0% from the March 31st total of 9,220,000 shares. Based on an average daily volume of 2,540,000 shares, the days-to-cover ratio is presently 4.1 days.
Finalist: Monica Sparks
PL Capital Advisors LLC Sells 200,000 Shares of Banc of California, Inc. (NYSE:BANC)
PL Capital Advisors LLC trimmed its stake in shares of Banc of California, Inc. (NYSE:BANC - Free Report) by 5.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,201,719 shares of the bank's stock af
Banc of California, Inc. (NYSE:BANC) CEO Purchases $99,677.40 in Stock
Banc of California, Inc. (NYSE:BANC - Get Free Report) CEO Jared M. Wolff purchased 7,130 shares of the company's stock in a transaction that occurred on Thursday, April 25th. The shares were purchased at an average price of $13.98 per share, for a total transaction of $99,677.40. Following the transaction, the chief executive officer now owns 268,695 shares of the company's stock, valued at approximately $3,756,356.10. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
149,610 Shares in Banc of California, Inc. (NYSE:BANC) Acquired by Alaska Permanent Fund Corp
Alaska Permanent Fund Corp purchased a new stake in Banc of California, Inc. (NYSE:BANC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 149,610 shares of the bank's stock, valued at approximately $2,009,
Q2 2024 Earnings Estimate for Banc of California, Inc. (NYSE:BANC) Issued By DA Davidson
Banc of California, Inc. (NYSE:BANC - Free Report) - Research analysts at DA Davidson issued their Q2 2024 earnings estimates for shares of Banc of California in a research report issued on Thursday, April 25th. DA Davidson analyst G. Tenner anticipates that the bank will post earnings of $0.20 p
Banc of California (NYSE:BANC) PT Lowered to $15.00
Truist Financial reduced their target price on Banc of California from $16.00 to $15.00 and set a "hold" rating on the stock in a report on Thursday.
South Dakota Investment Council Increases Position in Banc of California, Inc. (NYSE:BANC)
South Dakota Investment Council grew its holdings in shares of Banc of California, Inc. (NYSE:BANC - Free Report) by 238.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 571,063 shares of the bank's stock after purchasing an additional 402,498 shares durin
Banc of California (NYSE:BANC) Price Target Cut to $15.00 by Analysts at Barclays
Barclays reduced their price objective on shares of Banc of California from $16.00 to $15.00 and set an "equal weight" rating on the stock in a report on Wednesday.
Banc of California (NYSE:BANC) Releases Earnings Results, Misses Estimates By $0.07 EPS
Banc of California (NYSE:BANC - Get Free Report) issued its earnings results on Tuesday. The bank reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by ($0.07). The company had revenue of $522.57 million for the quarter, compared to the consensus estimate of $296.02 million. Banc of California had a positive return on equity of 1.14% and a negative net margin of 44.04%. During the same quarter last year, the business posted $0.37 EPS.
Q1 2024 Banc of California Inc Earnings Call
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This page (NYSE:BANC) was last updated on 5/18/2024 by MarketBeat.com Staff

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