Banc of California, Inc. $BANC Shares Bought by SG Americas Securities LLC
SG Americas Securities LLC significantly increased its holdings in Banc of California (NYSE:BANC) by 445% in Q4, acquiring 144,758 shares valued at $2.79 million. This increase occurred amidst Banc of California surpassing Q4 earnings estimates with $0.42 EPS and $292.9 million in revenue, leading analysts to project an EPS of approximately 1.31 for the current year. The company also raised its quarterly dividend to $0.12, reflecting a 2.7% yield and a payout ratio of about 40.7%.
Banc of California, Inc. (BANC) stock price, news, quote and history
This page provides a comprehensive overview of Banc of California, Inc. (BANC) stock, including its current price, historical data, financial details, and analyst insights. It also presents key performance metrics like market capitalization, P/E ratio, EPS, and dividend yield, alongside comparisons with similar regional banks. The article also includes trailing total returns for BANC against the S&P 500 and recent news regarding the company.
Banc of California Announces Schedule of First Quarter 2026 Earnings Release and Conference Call
Banc of California, Inc. (NYSE: BANC) announced it will release its first-quarter 2026 financial results after market close on April 22, 2026. The company will host a conference call on April 23, 2026, at 10:00 a.m. PT to discuss these results. Details for attending the call and accessing the webcast are provided.
Banc of California Announces Schedule of First Quarter 2026 Earnings Release and Conference Call
Banc of California will release its first quarter 2026 financial results after market close on April 22, 2026. The company will then host a conference call on April 23, 2026, at 10:00 a.m. PT to discuss these results. Interested parties can access the call via phone or webcast, with an audio archive available on their investor relations website.
Banc of California Announces Q1 2026 Earnings Release and Call
Banc of California, Inc. (NYSE: BANC) announced it will release its financial results for the first quarter ended March 31, 2026, after market close on Wednesday, April 22, 2026. A conference call to discuss these results will follow on Thursday, April 23, 2026, at 10:00 a.m. Pacific Time. These quarterly earnings are crucial for investors and analysts as they offer insights into the economic and banking trends in California, given Banc of California's status as a major independent bank in the state.
Piper Sandler Lowers Price Target for Banc of California (BANC)
Piper Sandler has lowered its price target for Banc of California (BANC) from $25.00 to $22.00, while maintaining an "Overweight" rating. This adjustment follows other recent analyst activities, including JP Morgan lowering its target and Wells Fargo raising its target. The average analyst price target for BANC is $23.25, suggesting a 31.28% upside from its current price, with a consensus "Outperform" rating.
Banc of California (NYSE: BANC) officer shares used to cover tax on vesting
Banc of California's Chief Accounting Officer, Karen Hon, reported a tax-withholding disposition of 1,295 shares of common stock at $17.40 per share. This transaction was to cover tax liabilities from a previously granted award that vested, not an open-market sale. Following this non-market transaction, Hon directly holds 20,740 shares of Banc of California common stock.
A Look At Banc Of California’s (BANC) Valuation As Debt Redemption And Buybacks Take Center Stage
Banc of California (BANC) is making strategic moves with debt redemption and an extended share repurchase plan, drawing investor attention. The company is considered undervalued by various metrics, with a narrative fair value of $23.59 and a DCF fair value of $28.47 against its current trading price of $17.58. This undervaluation is supported by successful merger integration, but risks include exposure to Southern California commercial real estate and managing integration costs.
Banc of California Inc (BANC) Stock Price Quote Today & Current Price Chart
The article provides a stock price quote and current price chart for Banc of California Inc (BANC). It also mentions online trading with the Smart Investment App from Capital.com.
Banc of California Short Interest Rises 23.4% in March
Banc of California (NYSE:BANC) experienced a 23.4% increase in short interest during March, with 8,230,155 shares sold short by March 13th, representing 5.6% of outstanding shares. This rise suggests that some investors are betting against the company's performance, potentially due to financial outlook concerns or broader economic conditions. The increased short selling activity could lead to higher stock price volatility and has been observed alongside new stakes taken by institutional investors such as Polar Asset Management Partners Inc. and Jupiter Asset Management Ltd.
Banc of California, Inc. (NYSE:BANC) Short Interest Update
Banc of California (NYSE:BANC) experienced a significant increase in short interest during March, with shares shorted rising by 23.4%. The company also increased its quarterly dividend to $0.12 per share, resulting in a 2.8% annual yield. Analysts maintain a "Moderate Buy" rating with an average price target of $21.05, with several firms raising their targets.
Banc of California (NYSE:BANC) Price Target Raised to $22.00 at Wells Fargo & Company
Wells Fargo & Company has raised its price target for Banc of California (NYSE:BANC) from $20.00 to $22.00, maintaining an "overweight" rating and suggesting a potential upside of 28.55%. This follows similar target boosts from other brokers like Barclays, Piper Sandler, and JPMorgan, contributing to a consensus "Moderate Buy" rating and an average price target of $21.05. The bank recently exceeded Q4 consensus estimates with an EPS of $0.42 and revenue of $292.93 million, with institutional investors owning a significant 86.88% of the stock.
BANC (Banc of California) 6-1 Month Momentum % : 10.73% (As of Mar. 29, 2026)
Banc of California (NYSE: BANC) reported a 6-1 Month Momentum % of 10.73% as of March 30, 2026, outperforming the Banks industry median of 9.135%. GuruFocus rates BANC with a GF Score™ of 74/100 and considers it "Fairly Valued" with a GF Value™ of $18.00 against a current price of $16.89. The article provides a detailed explanation of the 6-1 Month Momentum % metric and its calculation, comparing BANC's performance against industry peers and highlighting its valuation signals.
Is It Time To Revisit Banc Of California (BANC) After Recent Share Price Weakness?
Banc of California (BANC) shares last closed at US$17.35, experiencing a 10.8% decline year-to-date and a 9.6% drop over the last 30 days, despite a 22.8% return over the past year. According to Simply Wall St's analysis, the stock appears undervalued, with an intrinsic value estimated around US$27.35 per share based on the Excess Returns model and also undervalued on a P/E basis compared to its Fair Ratio. This suggests potential for upside, prompting investors to consider if current market sentiment outweighs the underlying fundamentals.
[ARS] BANC OF CALIFORNIA, INC. SEC Filing
This article announces an SEC filing of Form ARS for BANC OF CALIFORNIA, INC. (BANC) on March 26, 2026, at 04:11 PM. It details the low impact and neutral sentiment of this particular ARS filing, which is available as a PDF document. The page also provides a summary of BANC's stock performance rankings and recent news and SEC filings.
Vanguard (BANC) reports zero ownership after Jan 12, 2026 realignment
Vanguard has filed an amended Schedule 13G/A, reporting zero beneficial ownership of Banc of California (BANC) common stock following an internal realignment on January 12, 2026. This change means certain Vanguard subsidiaries and business divisions will now report their beneficial ownership separately, as permitted by SEC Release No. 34-39538. The filing, signed by Ashley Grim, Head of Global Fund Administration, indicates an administrative change in reporting rather than an active sale of shares.
BANC SEC Filings - Banc Of California Inc 10-K, 10-Q, 8-K Forms
This page on Stock Titan provides comprehensive access to Banc Of California (BANC) SEC filings, including annual reports (10-K), quarterly reports (10-Q), material events (8-K), and insider trading forms. It offers real-time updates from EDGAR and AI-powered summaries to help investors understand the company's financial condition, operations, and capital structure. The article highlights recent filings detailing Q3 and Q4 2025 earnings, insider share transactions, and sales by Warburg Pincus entities.
OFS Capital Corporation has signed an amendment to its commercial loan agreement with Banc of California.
OFS Capital Corporation has signed an amendment to its commercial loan agreement with Banc of California. This amendment will be officially implemented on March 27, 2026, and the details have been disclosed through SEC filings.
Did Banc of California’s (BANC) Note Redemption and Buyback Extension Just Redefine Its Capital Playbook?
Banc of California recently announced the redemption of US$385 million in subordinated notes and an extension of its stock repurchase program through March 2027, with US$83 million remaining for buybacks. This move highlights management's strategy to reshape the balance sheet and capital return using current liquidity and capital. While these actions refine capital deployment, the bank's core investment narrative remains tied to managing funding costs, net interest margins, credit quality, and its significant exposure to Southern California commercial real estate.
Did Banc of California’s (BANC) Note Redemption and Buyback Extension Just Redefine Its Capital Playbook?
Banc of California announced plans to redeem US$385 million in subordinated notes and extended its stock repurchase program through March 2027, with US$83 million remaining for buybacks. These actions reflect management's efforts to reshape the balance sheet and capital return strategy, leveraging its current liquidity. While these moves are significant, the bank's core issues, such as its heavy ties to Southern California commercial real estate and managing funding costs, remain central to its investment narrative.
Banc of California (BANC) Extends Stock Buyback Program and Plans Debt Redemption
Banc of California (BANC) has extended its stock repurchase program until March 2027, with $83 million still available for buybacks. Additionally, the company plans to redeem $385 million of its subordinated notes originally from Pacific Western Bank, which are set to transition to a floating rate in May 2026. Despite a revenue decline, BANC demonstrates strong financial health with a Piotroski F-Score of 7 and a Beneish M-Score indicating no manipulation.
Millennium Group & Englander disclose 7.75M-share stake in Banc of California (NYSE: BANC)
Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander have jointly disclosed a 7.75 million-share stake in Banc of California (NYSE: BANC), representing 5.0% of the common stock. This passive investment, filed via a Schedule 13G, indicates shared voting and dispositive power over the shares, with the filing dated March 23, 2026. The disclosure states that the shares are held by entities under Millennium's voting and investment discretion and does not suggest an intent to influence control of the issuer.
Banc of California, Inc. Extends $300 Million Stock Repurchase Program and Announces Intent to Redeem Outstanding Fixed-to-Floating Rate Subordinated Notes due 2031
Banc of California, Inc. has announced the extension of its $300 million stock repurchase program through March 16, 2027, with approximately $83 million remaining for repurchases. Concurrently, the company intends to redeem its outstanding $385 million 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031, effective May 1, 2026. These strategic actions are aimed at returning excess capital to stockholders, improving its funding profile, and strengthening its capital structure.
Banc of California extends $300M buyback program, plans to redeem notes
Banc of California has extended its $300 million share repurchase program until December 31, 2026, and announced plans to redeem all $75 million of its outstanding 4.00% Fixed-to-Floating Rate Subordinated Notes due 2030 on May 15, 2024. The bank previously repurchased approximately $76.2 million in common stock and warrants under the program. These actions reflect the bank's strategy to enhance shareholder value and optimize its capital structure.
Banc of California Extends $300M Stock Buyback, Redeems Subordinated Notes
Banc of California, Inc. has extended its $300 million stock repurchase program through March 2027 and plans to redeem $385 million in 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031. These actions underscore the bank's commitment to strategic capital management, aiming to improve its funding profile, reduce interest expenses, and enhance shareholder returns. The stock buyback extension and debt redemption are key elements in strengthening the bank's capital structure and delivering sustainable long-term value.
Banc of California extends buyback program, plans debt redemption
Banc of California (NYSE:BANC) has extended its stock repurchase program through March 16, 2027, increasing it to $300 million. The company has already repurchased $217 million in common stock and plans to redeem $385 million in subordinated notes due 2031, originally issued by Pacific Western Bank. This move aims to continue returning excess capital to shareholders and reflects the company's proactive financial management.
Banc of California, Inc. Extends $300 Million Stock Repurchase Program and Announces Intent to Redeem Outstanding Fixed-to-Floating Rate Subordinated Notes due 2031
Banc of California, Inc. announced the extension of its $300 million stock repurchase program through March 16, 2027, with approximately $83 million remaining for future repurchases. The company also intends to redeem its outstanding $385 million aggregate principal amount of 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031, effective May 1, 2026. These actions are part of its capital management strategy to return capital to stockholders and improve its funding profile by reducing interest expense.
Banc of California, Inc. announced the extension of its $300 million stock repurchase program until December 31, 2025, and disclosed its intention to fully redeem all outstanding fixed-to-floating rate subordinated notes due 2031.
Banc of California, Inc. has extended its $300 million stock repurchase program until December 31, 2025, and plans to fully redeem its outstanding fixed-to-floating rate subordinated notes due 2031. This dual strategy aims to strengthen the company's capital structure and enhance financial flexibility, signaling management's confidence in its share price while reducing long-term funding costs. These initiatives are expected to boost shareholder value and market competitiveness.
Polar Asset Management Partners Inc. Takes $2.05 Million Position in Banc of California, Inc. $BANC
Polar Asset Management Partners Inc. has acquired a new stake of 124,136 shares in Banc of California (NYSE:BANC) worth approximately $2.05 million. This move is significant as institutional investors now own about 86.88% of the stock, with other major firms also increasing their positions. The bank recently surpassed earnings expectations and raised its dividend, while several analysts have issued "overweight" ratings and increased price targets, projecting a "Moderate Buy" consensus.
Q&A: Chris Erickson, Banc of California Colorado President
Chris Erickson, President of Banc of California’s Colorado Region, discusses the bank's role in Denver's revitalization efforts, including financing projects like the carbon-positive Populus hotel and supporting affordable housing initiatives. He highlights the importance of anchoring developments like a new Broncos stadium and draws parallels to Coors Field's impact on past urban renewal. Erickson also touches on the bank's community involvement and his optimistic outlook for downtown Denver's continued growth in 2026.
Penn Capital Management Company LLC Acquires 86,261 Shares of Banc of California, Inc. $BANC
Penn Capital Management Company LLC increased its stake in Banc of California (NYSE: BANC) by 9.6%, acquiring 86,261 additional shares to hold 982,500 shares valued at approximately $16.3 million. Wall Street sentiment for BANC has turned more positive, with a "Moderate Buy" consensus and an average target price of $20.86, as several firms recently raised their price targets. Banc of California also announced an increase in its quarterly dividend to $0.12 per share, resulting in a 2.8% annualized yield.
Mirabella Financial Services LLP Has $11.66 Million Stock Position in Banc of California, Inc. $BANC
Mirabella Financial Services LLP reduced its stake in Banc of California, Inc. by 16.7% in the third quarter, now holding 704,218 shares valued at $11.66 million. Other institutional investors like Aster Capital Management and Osaic Holdings Inc. increased their positions, with institutional ownership of Banc of California standing at 86.88%. Analysts have a "Moderate Buy" rating on the stock with an average target price of $20.86, and the company recently increased its quarterly dividend.
Algert Global Reduces Stake in Banc of California
Algert Global LLC has significantly reduced its stake in Banc of California by 42.8% during the third quarter, selling 357,180 shares. The institutional investor now owns 477,020 shares of the regional bank, representing approximately 0.32% of outstanding shares. This move could indicate a shift in market sentiment, prompting investors to monitor the bank's performance and future institutional ownership changes.
Banc of California, Inc. (NYSE:BANC) Given Average Recommendation of "Moderate Buy" by Brokerages
Banc of California, Inc. (NYSE:BANC) has received an average "Moderate Buy" rating from twelve brokerage firms, with an average 12-month price target of $20.86. The bank recently surpassed earnings expectations, reporting an EPS of $0.42 against an anticipated $0.37, and increased its quarterly dividend to $0.12, reflecting a 2.9% yield. The stock shows institutional interest, with several firms increasing their stakes, and analysts project an EPS of 1.31 for the current fiscal year.
Centerbridge Partners L.P. Sells 1,342,690 Shares of Banc of California, Inc. $BANC
Centerbridge Partners L.P. has reduced its stake in Banc of California (NYSE:BANC) by 29.9%, selling over 1.3 million shares, though the bank still constitutes 51.5% of Centerbridge's portfolio. Meanwhile, Banc of California has increased its quarterly dividend to $0.12, leading to a 2.9% yield, and recently surpassed earnings expectations with $0.42 EPS. Analysts have also boosted price targets, contributing to a "Moderate Buy" consensus rating for the stock.
Is Banc Of California (BANC) Pricing Look Attractive After Recent Share Price Volatility
Banc of California (BANC) shares have experienced recent volatility, with a 6% decline over the last week and an 18.7% decline over the past 30 days, despite a 28.5% one-year return. Two valuation models, Excess Returns and Price vs. Earnings, suggest that BANC is currently undervalued, with the Excess Returns model indicating a 37.9% undervaluation and the P/E ratio also pointing to an undervalued status compared to a proprietary fair ratio. The market's reassessment of regional bank risks is noted as a factor in the short-term price movements.
Is Banc Of California (BANC) Pricing Look Attractive After Recent Share Price Volatility
Banc of California (BANC) shares have shown recent volatility but a 28.5% return over the last year. Analysis using the Excess Returns model suggests the stock is 37.9% undervalued, with an intrinsic value of about $27.05 per share compared to its current price of $16.80. While its P/E ratio of 14.2x is higher than the industry average, Simply Wall St's Fair Ratio indicates it may still be undervalued on a P/E basis.
Banc Of California: High Yielding Preferred Stock With A Likely Call In 2027 (NYSE:BANC)
Banc of California's common shares are now a 'buy' following a 15% price drop, projected to have strong earnings growth with net interest income growing 10-12% in 2026 and EPS potentially reaching $1.80 by late 2027 due to preferred stock redemption. The Series F preferred shares offer an attractive 7.3% yield to call, but are highly likely to be redeemed at their first call date in September 2027. This anticipated call makes the preferred stock a good short-term investment, while the common stock offers longer-term growth potential.
Does Banc of California’s (BANC) Expanded Shelf Signal Strategic Flexibility or Looming Capital Needs?
Banc of California recently filed a new universal shelf registration and a prospectus supplement for secondary share sales, expanding its options for raising capital and accommodating existing shareholders. These actions come as regional banks face increased scrutiny over credit exposures, particularly to private credit and leveraged loans. Despite these developments, the bank's investment narrative remains centered on deposit stability, credit quality, and acquisition integration, with management expressing confidence through a recent dividend increase, though credit concerns persist among investors.
Resale registration: Banc of California (NYSE: BANC) up to 20.3M shares
Banc of California Inc. (NYSE: BANC) has filed a prospectus supplement for the potential resale of up to 20,323,171 shares of its voting common stock by existing selling stockholders, primarily Warburg Investors and Centerbridge Investor. The company will not receive any proceeds from these resales. The shares represent a significant portion of its outstanding voting common stock, which totaled 153,998,989 shares as of February 26, 2026.
Assessing Banc of California (BANC) Valuation After Recent Share Price Weakness
Banc of California (BANC) has experienced recent share price weakness, with a 4% decline in the past day and 15% over the past month, prompting a re-evaluation of its valuation. Despite the short-term dip, longer-term shareholders have seen positive returns, and the stock is considered undervalued by many narratives, with a fair value estimated at $23.77. However, the article also notes that its current P/E ratio is above the industry average, suggesting potential caution if market sentiment shifts.
Assessing Banc of California (BANC) Valuation After Recent Share Price Weakness
Banc of California (BANC) has experienced recent share price weakness, with declines of 4% over the past day and 15% over the past month, prompting a re-evaluation of its valuation. Despite the short-term dip, the stock shows a 27.24% one-year total shareholder return. Analysts suggest BANC is currently undervalued, with a fair value estimate of $23.77 compared to its current trading price of $17.11, largely due to successful merger integration and potential profitability boosts.
Royce & Associates LP Reduces Stock Holdings in Banc of California, Inc. $BANC
Royce & Associates LP significantly reduced its stake in Banc of California, selling over 1.1 million shares in the third quarter, retaining 59,431 shares valued at approximately $984,000. Despite this reduction, other institutional investors like Invesco, FJ Capital, and American Century substantially increased their positions, leading to institutional ownership of 86.88%. Analysts maintain a "Moderate Buy" consensus rating with an average price target of $20.86, and Banc of California recently increased its quarterly dividend to $0.12 per share.
Banc of California (NYSE: BANC) refreshes shelf registration and resale prospectus
Banc of California, Inc. (NYSE: BANC) has filed a new universal shelf registration statement on Form S-3, which immediately became effective and replaces its previous 2023 registration. This new filing, along with a prospectus supplement, enables the potential future issuance of various securities and the resale of common stock by certain selling stockholders under a Registration Rights Agreement. The company clarified that this filing does not constitute an offer to sell or a solicitation to buy securities.
Banc of California files new universal shelf registration statement with SEC
Banc of California (NYSE:BANC) has filed a new universal shelf registration statement on Form S-3 with the SEC, which became effective immediately and replaces a previous 2023 filing. Concurrently, the company filed a prospectus supplement for the resale of voting common stock by certain selling stockholders, fulfilling obligations under a 2023 registration rights agreement. Despite BANC shares being down 11% year-to-date, InvestingPro analysis indicates they are undervalued, with analysts setting price targets between $20-$25.
Banc of California files new Form S-3 shelf, files resale prospectus for selling stockholders
Banc of California has filed a new universal shelf registration statement (Form S-3) and a prospectus supplement for the resale of voting common stock by certain selling stockholders. The new S-3 became effective on March 2, 2026, replacing a prior registration, and the resale prospectus was filed on March 6, 2026, under a November 2023 agreement. These filings streamline the process for the company to offer securities and for specified stockholders to resell previously issued shares.
Banc of California, Atlantic Union Bankshares, WesBanco, United Community Banks, and UMB Financial Stocks Trade Down, What You Need To Know
Shares of Banc of California, Atlantic Union Bankshares, WesBanco, United Community Banks, and UMB Financial fell due to investor concerns about the banking sector's exposure to the opaque private credit market. These worries were exacerbated by Western Alliance Bancorporation writing off a significant loan and BlackRock slashing the value of a private loan to zero. UMB Financial's stock movement was also influenced by hotter-than-expected inflation data and rising credit risk anxieties.
Banc of California Short Interest Drops 19.4% in February
Banc of California (NYSE:BANC) experienced a 19.4% decrease in short interest during February, with total short positions falling to 6,991,774 shares. This reduction suggests growing investor confidence in the bank's future performance. The days-to-cover ratio is 1.8 days, indicating that approximately 4.7% of the company's shares are currently sold short.
BANC Financials: Income Statement, Balance Sheet & Cash Flow
This article provides a detailed financial overview of Banc Of California Inc (BANC), including its income statement, balance sheet, cash flow, and key financial ratios up to fiscal year 2025. It highlights the company's revenue contraction of 3.8% in FY2025 but notes a significant increase in net income (80.5%) and free cash flow (265.0%). The financial health assessment indicates a neutral Piotroski F-Score and a "cash-backed" earnings quality.
Why Banc of California (BANC) Is Down 8.0% After Renewed Credit Risk Jitters Hit Regional Banks
Banc of California (BANC) shares dropped 8.0% due to renewed credit risk concerns and inflation worries impacting regional banks. The bank's ongoing merger with PacWest, loan sales, and stock repurchases are actively reshaping its balance sheet and capital priorities amidst this sector-wide pressure. The article suggests that while immediate concerns revolve around credit quality, the core investment narrative remains focused on merger integration and portfolio repositioning.
