Banc of California (NYSE:BANC) Given New $23.00 Price Target at Keefe, Bruyette & Woods

Banc of California (NYSE:BANC) had its price objective lifted by Keefe, Bruyette & Woods from $22.00 to $23.00 in a report released on Friday,Benzinga reports. They currently have an outperform rating on the bank’s stock.

A number of other research firms also recently weighed in on BANC. JPMorgan Chase & Co. raised their price target on Banc of California from $21.00 to $24.00 and gave the company an “overweight” rating in a research note on Tuesday, December 16th. Raymond James Financial raised shares of Banc of California from an “outperform” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Wells Fargo & Company lifted their price objective on shares of Banc of California from $18.00 to $20.00 and gave the company an “overweight” rating in a research report on Monday, September 29th. Citigroup upgraded shares of Banc of California from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $18.00 to $21.50 in a research note on Monday, October 27th. Finally, DA Davidson raised their target price on shares of Banc of California from $20.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Banc of California presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.45.

Banc of California Stock Down 3.9%

Shares of BANC stock opened at $19.93 on Friday. The firm’s fifty day moving average price is $19.37 and its two-hundred day moving average price is $17.30. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 0.31. Banc of California has a 1 year low of $11.52 and a 1 year high of $21.61. The firm has a market capitalization of $3.02 billion, a P/E ratio of 16.89 and a beta of 0.69.

Banc of California (NYSE:BANC) last posted its quarterly earnings data on Wednesday, January 21st. The bank reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.05. The company had revenue of $292.93 million during the quarter, compared to the consensus estimate of $288.41 million. Banc of California had a net margin of 12.59% and a return on equity of 8.66%. During the same period in the prior year, the business posted $0.28 EPS. On average, equities analysts predict that Banc of California will post 1.31 EPS for the current fiscal year.

Banc of California Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 15th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Monday, December 15th. Banc of California’s dividend payout ratio is currently 33.90%.

Hedge Funds Weigh In On Banc of California

Several institutional investors and hedge funds have recently made changes to their positions in the company. Triumph Capital Management acquired a new stake in Banc of California during the 3rd quarter worth approximately $25,000. Advisory Services Network LLC acquired a new stake in shares of Banc of California in the third quarter valued at approximately $36,000. GAMMA Investing LLC raised its holdings in Banc of California by 22.2% in the 2nd quarter. GAMMA Investing LLC now owns 4,201 shares of the bank’s stock valued at $59,000 after acquiring an additional 762 shares in the last quarter. Aster Capital Management DIFC Ltd raised its stake in Banc of California by 145.1% in the third quarter. Aster Capital Management DIFC Ltd now owns 4,181 shares of the bank’s stock valued at $69,000 after purchasing an additional 2,475 shares in the last quarter. Finally, Danske Bank A S bought a new position in Banc of California in the 3rd quarter valued at about $70,000. Institutional investors and hedge funds own 86.88% of the company’s stock.

Key Stories Impacting Banc of California

Here are the key news stories impacting Banc of California this week:

• Positive Sentiment: Quarterly results beat expectations — EPS and revenue topped consensus, supporting the view that the franchise is stabilizing after recent cycles. Banc of California, Inc. (NYSE:BANC) Q4 2025 earnings call transcript
• Positive Sentiment: Management is targeting 10%–12% net interest income (NII) growth in 2026 and expects to expand loan production — a clear growth signal that could drive revenue expansion if achieved. Banc of California targets 10% to 12% net interest income growth in 2026 while expanding loan production
• Positive Sentiment: Analysts are reacting favorably: Keefe, Bruyette & Woods raised its price target to $23 and maintains an outperform view; other analyst commentary highlighted the company’s improving outlook. Analyst support adds credibility to the recovery story. What Analysts Are Saying About Banc of California Stock
• Neutral Sentiment: Company presentation and earnings-call transcript provide more detail on drivers (NII targets, loan pipeline, expense outlook) — useful for assessing feasibility but not an immediate price mover by itself. Banc of California, Inc. 2025 Q4 – Results – Earnings Call Presentation
• Neutral Sentiment: Media summaries and earnings snapshots offer quick reads of the quarter and management commentary; they reinforce the same themes but add little new information. Banc of California: Q4 Earnings Snapshot
• Negative Sentiment: Despite the beat and upbeat guidance, the stock traded lower after the release — a market reaction likely driven by profit-taking after the run to a 12‑month high and investor scrutiny of forward-margin drivers (timing/pace of loan growth, deposit costs, and expense leverage). This short-term pullback signals caution even amid improving fundamentals. Banc of California’s (NYSE:BANC) Q4 CY2025: Beats On Revenue But Stock Drops

About Banc of California

Banc of California, N.A. is a full-service commercial bank headquartered in Santa Ana, California, offering a broad spectrum of banking products and services to corporate and individual customers. The bank focuses on serving middle-market businesses, professional service firms, real estate investors and developers, and entrepreneurs throughout California. Its core offerings include deposit accounts, treasury management services, commercial real estate lending, equipment finance, lines of credit and Small Business Administration lending, complemented by cash management and online banking solutions.

Operating a network of branches and lending offices concentrated in both Southern and Northern California, Banc of California seeks to support local businesses and communities with personalized service and regional expertise.