Banc of California Inc (BANC) concluded trading on Wednesday at a closing price of $12.97, with 4.02 million shares of worth about $52.09 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.31% during that period and on April 16, 2025 the price saw a gain of about 0.54%. 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 -0.46% in past 5 days and over the past one month there was a price change of -7.42%. Year-to-date (YTD), BANC shares are showing a performance of -16.11% which decreased to -6.89% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.52 but also hit the highest price of $18.08 during that period. The average intraday trading volume for Banc of California Inc shares is 2.68 million. The stock is currently trading -3.44% below its 20-day simple moving average (SMA20), while that difference is down -9.18% for SMA50 and it goes to -12.36% lower than SMA200.
Banc of California Inc (NYSE: BANC) currently have 158.35M outstanding shares and institutions hold larger chunk of about 81.12% of that.
The stock has a current market capitalization of $2.19B and its 3Y-monthly beta is at 0.71. PE ratio of stock for trailing 12 months is 25.08, 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 4.92% while standing at 4.96% over the month.
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.
