Banc of California Inc (BANC) concluded trading on Wednesday at a closing price of $13.03, with 6.83 million shares of worth about $89.02 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -4.61% during that period and on April 09, 2025 the price saw a gain of about 8.04%. Currently the company’s common shares owned by public are about 158.35M shares, out of which, 139.36M shares are available for trading.
Stock saw a price change of -7.92% in past 5 days and over the past one month there was a price change of -2.03%. Year-to-date (YTD), BANC shares are showing a performance of -15.72% which decreased to -12.73% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.70 but also hit the highest price of $18.08 during that period. The average intraday trading volume for Banc of California Inc shares is 2.44 million. The stock is currently trading -5.40% below its 20-day simple moving average (SMA20), while that difference is down -10.91% for SMA50 and it goes to -11.94% lower than SMA200.
Banc of California Inc (NYSE: BANC) currently have 158.35M outstanding shares and institutions hold larger chunk of about 81.26% of that.
The stock has a current market capitalization of $2.20B and its 3Y-monthly beta is at 0.75. PE ratio of stock for trailing 12 months is 25.20, while it has posted earnings per share of $0.52 in the same period. Its PEG reads 0.46 while making debt-to-equity ratio of 0.70. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BANC, volatility over the week remained 9.40% while standing at 4.55% over the month.
Analysts are in expectations that Banc of California Inc (BANC) stock would likely to be making an EPS of 0.23 in the current quarter, while forecast for next quarter EPS is 0.29 and it is 1.63 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.2 which is 0.26 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.19 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 133.26% while it is estimated to increase by 34.64% in next year. EPS is likely to shrink at an annualized rate of 54.42% for next 5-years, compared to annual growth of 58.47% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on February 07, 2025 offering a Neutral rating for the stock and assigned a target price of $18 to it. Coverage by Wells Fargo stated Banc of California Inc (BANC) stock as an Overweight in their note to investors on January 06, 2025, suggesting a price target of $20 for the stock. On October 31, 2024, Barclays Upgrade their recommendations, while on October 10, 2024, Citigroup Initiated their ratings for the stock with a price target of $15. Stock get an Outperform rating from Wedbush on September 24, 2024.
