Banc of California (BANC) Stock Forecast, Price Target & Predictions
BANC Stock Forecast
Banc of California stock forecast is as follows: an average price target of $16.83 (represents a 9.14% upside from BANC’s last price of $15.42) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
BANC Price Target
The average price target for Banc of California (BANC) is $16.83 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $19.00 to $15.00. This represents a potential 9.14% upside from BANC's last price of $15.42.
BANC Analyst Ratings
According to 7 Wall Street analysts, Banc of California's rating consensus is 'Buy'. The analyst rating breakdown for BANC stock is 0 'Strong Buy' (0.00%), 4 'Buy' (57.14%), 3 'Hold' (42.86%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Banc of California Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 31, 2024 | Jared Shaw | Barclays | $18.00 | $15.57 | 15.61% | 16.73% |
| Oct 24, 2024 | Andrew Terrell | Stephens | $16.00 | $15.29 | 4.64% | 3.76% |
| Oct 23, 2024 | Timur Braziler | Wells Fargo | $17.00 | $15.42 | 10.25% | 10.25% |
| Oct 23, 2024 | Gary Tenner | D.A. Davidson | $19.00 | $15.42 | 23.22% | 23.22% |
| Oct 10, 2024 | Benjamin Gerlinger | Citigroup | $15.00 | $14.07 | 6.61% | -2.72% |
| Sep 17, 2024 | Donald Worthington | Raymond James | $16.00 | $14.70 | 8.84% | 3.76% |
| Jul 24, 2024 | Jared Shaw | Barclays | $14.00 | $13.83 | 1.23% | -9.21% |
| May 14, 2024 | Gary Tenner | D.A. Davidson | $17.50 | $13.52 | 29.44% | 13.49% |
| May 14, 2024 | Andrew Terrell | Stephens | $15.00 | $13.52 | 10.95% | -2.72% |
| Apr 25, 2022 | Stephens | $22.00 | $18.31 | 20.15% | 42.67% |
The latest Banc of California stock forecast, released on Oct 31, 2024 by Jared Shaw from Barclays, set a price target of $18.00, which represents a 15.61% increase from the stock price at the time of the forecast ($15.57), and a 16.73% increase from BANC last price ($15.42).
Banc of California Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 5 | 9 |
| Avg Price Target | - | $17.00 | $16.39 |
| Last Closing Price | $15.42 | $15.42 | $15.42 |
| Upside/Downside | -100.00% | 10.25% | 6.29% |
In the current month, the average price target of Banc of California stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Banc of California's last price of $15.42. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 31, 2024 | Barclays | Equal-Weight | Overweight | Upgrade |
| Oct 24, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Oct 23, 2024 | Raymond James | Outperform | Outperform | Hold |
| Oct 23, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Oct 23, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Oct 10, 2024 | Wedbush | Underperform | Underperform | Hold |
| Oct 10, 2024 | Citigroup | Neutral | Initialise | |
| Oct 01, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Sep 26, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 24, 2024 | Wedbush | Outperform | Neutral | Upgrade |
| Sep 24, 2024 | Wedbush | Underperform | Outperform | Upgrade |
| Sep 17, 2024 | Raymond James | Market Perform | Outperform | Upgrade |
| Sep 04, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Sep 04, 2024 | Wedbush | Underperform | Underperform | Hold |
| Jul 24, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 08, 2024 | Wells Fargo | Buy | Buy | Hold |
| May 14, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| May 13, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| May 13, 2024 | Wedbush | Underperform | Underperform | Hold |
| May 13, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Mar 21, 2024 | Keefe, Bruyette & Woods | Outperform | Upgrade | |
| Apr 26, 2022 | Raymond James | Market Perform | Downgrade |
Banc of California's last stock rating was published by Barclays on Oct 31, 2024. The company Upgrade its BANC rating from "Equal-Weight" to "Overweight".
Banc of California Financial Forecast
Banc of California Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $67.01M | $120.00M | $75.66M | $106.92M | $78.79M | $85.09M | $85.48M | $82.35M | $77.90M | $68.50M | $64.02M | $62.30M | $68.54M | $59.81M | $60.84M | $53.56M | $61.30M | $61.58M |
| Avg Forecast | $311.28M | $308.69M | $303.16M | $296.76M | $304.14M | $296.71M | $286.49M | $277.10M | $272.60M | $262.72M | $269.40M | $288.53M | $172.52M | $76.84M | $77.08M | $83.33M | $86.51M | $88.46M | $85.95M | $79.90M | $80.56M | $67.32M | $62.99M | $65.98M | $61.98M | $61.98M | $57.92M | $61.42M | $64.10M | $69.91M |
| High Forecast | $315.94M | $313.31M | $307.70M | $301.21M | $308.69M | $301.15M | $290.78M | $281.41M | $276.59M | $263.83M | $269.40M | $291.82M | $251.96M | $81.95M | $78.24M | $84.58M | $87.81M | $88.46M | $85.95M | $79.90M | $80.56M | $67.32M | $62.99M | $65.98M | $61.98M | $61.98M | $57.92M | $61.42M | $64.10M | $69.91M |
| Low Forecast | $302.83M | $300.31M | $294.93M | $288.70M | $295.88M | $288.65M | $278.71M | $269.14M | $267.22M | $261.62M | $269.40M | $285.25M | $21.57M | $73.44M | $74.99M | $81.07M | $84.16M | $88.46M | $85.95M | $79.90M | $80.56M | $67.32M | $62.99M | $65.98M | $61.98M | $61.98M | $57.92M | $61.42M | $64.10M | $69.91M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 8 | 7 | 6 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.39% | 1.56% | 0.98% | 1.28% | 0.91% | 0.96% | 0.99% | 1.03% | 0.97% | 1.02% | 1.02% | 0.94% | 1.11% | 0.96% | 1.05% | 0.87% | 0.96% | 0.88% |
Banc of California's average Quarter revenue forecast for Mar 24 based on 2 analysts is $288.53M, with a low forecast of $285.25M, and a high forecast of $291.82M. BANC's average Quarter revenue forecast represents a 330.58% increase compared to the company's last Quarter revenue of $67.01M (Dec 23).
Banc of California EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 8 | 7 | 6 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $11.68M | $59.29M | $25.09M | $61.54M | $58.50M | $55.05M | $51.24M | $79.55M | $25.34M | $44.60M | $39.58M | $31.54M | $44.79M | $36.41M | $-2.06M | $19.05M | $53.21M | $17.00M |
| Avg Forecast | $102.88M | $102.03M | $100.20M | $98.08M | $100.52M | $98.07M | $94.69M | $91.58M | $90.10M | $86.83M | $89.04M | $62.28M | $57.02M | $25.40M | $25.48M | $56.62M | $39.84M | $22.21M | $21.58M | $51.47M | $20.23M | $16.90M | $15.82M | $44.15M | $15.56M | $15.56M | $14.54M | $15.42M | $16.09M | $17.55M |
| High Forecast | $104.42M | $103.55M | $101.70M | $99.55M | $102.03M | $99.53M | $96.10M | $93.01M | $91.42M | $87.20M | $89.04M | $74.74M | $83.28M | $27.09M | $25.86M | $67.94M | $47.81M | $22.21M | $21.58M | $61.77M | $20.23M | $16.90M | $15.82M | $52.98M | $15.56M | $15.56M | $14.54M | $15.42M | $16.09M | $17.55M |
| Low Forecast | $100.09M | $99.26M | $97.48M | $95.42M | $97.79M | $95.40M | $92.12M | $88.95M | $88.32M | $86.47M | $89.04M | $49.83M | $7.13M | $24.27M | $24.79M | $45.30M | $31.87M | $22.21M | $21.58M | $41.18M | $20.23M | $16.90M | $15.82M | $35.32M | $15.56M | $15.56M | $14.54M | $15.42M | $16.09M | $17.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.20% | 2.33% | 0.98% | 1.09% | 1.47% | 2.48% | 2.37% | 1.55% | 1.25% | 2.64% | 2.50% | 0.71% | 2.88% | 2.34% | -0.14% | 1.24% | 3.31% | 0.97% |
2 analysts predict BANC's average Quarter EBITDA for Mar 24 to be $62.28M, with a high of $74.74M and a low of $49.83M. This is 433.37% upper than Banc of California's previous annual EBITDA (Dec 23) of $11.68M.
Banc of California Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 8 | 7 | 6 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-482.95M | $42.57M | $17.88M | $20.28M | $21.52M | $24.20M | $26.71M | $48.51M | $5.75M | $23.17M | $19.05M | $14.38M | $21.70M | $15.91M | $-18.45M | $-6.59M | $14.27M | $-14.13M |
| Avg Forecast | $72.38M | $70.39M | $67.20M | $61.85M | $66.31M | $59.80M | $51.98M | $43.36M | $38.15M | $23.86M | $31.36M | $37.98M | $-46.87M | $49.17M | $50.57M | $34.53M | $9.04M | $78.68M | $72.67M | $31.39M | $43.37M | $31.44M | $46.20M | $20.13M | $30.32M | $25.02M | $-64.97M | $-40.05M | $28.44M | $-56.61M |
| High Forecast | $73.79M | $71.76M | $68.51M | $63.06M | $67.60M | $60.96M | $52.99M | $49.78M | $39.81M | $24.32M | $31.97M | $45.58M | $7.32M | $55.73M | $51.56M | $41.43M | $10.85M | $78.68M | $72.67M | $37.67M | $43.37M | $31.44M | $46.20M | $24.15M | $30.32M | $25.02M | $-64.97M | $-32.04M | $28.44M | $-56.61M |
| Low Forecast | $69.82M | $67.91M | $64.83M | $59.67M | $63.97M | $57.69M | $50.15M | $38.54M | $34.83M | $23.02M | $30.25M | $30.39M | $-71.76M | $40.98M | $48.79M | $27.62M | $7.23M | $78.68M | $72.67M | $25.11M | $43.37M | $31.44M | $46.20M | $16.10M | $30.32M | $25.02M | $-64.97M | $-48.06M | $28.44M | $-56.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 10.31% | 0.87% | 0.35% | 0.59% | 2.38% | 0.31% | 0.37% | 1.55% | 0.13% | 0.74% | 0.41% | 0.71% | 0.72% | 0.64% | 0.28% | 0.16% | 0.50% | 0.25% |
Banc of California's average Quarter net income forecast for Dec 23 is $-46.87M, with a range of $-71.76M to $7.32M. BANC's average Quarter net income forecast represents a -210.08% decrease compared to the company's last Quarter net income of $42.57M (Sep 23).
Banc of California SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 8 | 7 | 6 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $25.82M | $28.28M | $29.66M | $27.81M | $28.00M | $28.26M | $28.99M | $30.96M | $27.37M | $27.51M | $28.27M | $28.36M | $25.94M | $27.68M | $27.45M | $29.80M | - |
| Avg Forecast | $202.58M | $200.89M | $197.29M | $193.13M | $197.93M | $193.09M | $186.44M | $180.33M | $177.41M | $170.97M | $175.32M | $24.73M | $112.27M | $50.00M | $50.16M | $22.48M | $48.68M | $31.68M | $30.78M | $20.44M | $28.85M | $24.11M | $22.56M | $39.57M | $22.20M | $22.20M | $20.74M | $22.00M | $22.96M | $25.04M |
| High Forecast | $205.61M | $203.90M | $200.24M | $196.02M | $200.89M | $195.99M | $189.23M | $183.14M | $180.00M | $171.69M | $175.32M | $29.68M | $163.97M | $53.33M | $50.92M | $26.98M | $58.42M | $31.68M | $30.78M | $24.53M | $28.85M | $24.11M | $22.56M | $47.49M | $22.20M | $22.20M | $20.74M | $22.00M | $22.96M | $25.04M |
| Low Forecast | $197.07M | $195.44M | $191.93M | $187.88M | $192.55M | $187.85M | $181.38M | $175.15M | $173.90M | $170.26M | $175.32M | $19.79M | $14.03M | $47.79M | $48.80M | $17.99M | $38.95M | $31.68M | $30.78M | $16.35M | $28.85M | $24.11M | $22.56M | $31.66M | $22.20M | $22.20M | $20.74M | $22.00M | $22.96M | $25.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.52% | 0.56% | 1.32% | 0.57% | 0.88% | 0.92% | 1.42% | 1.07% | 1.13% | 1.22% | 0.71% | 1.28% | 1.17% | 1.33% | 1.25% | 1.30% | - |
Banc of California's average Quarter SG&A projection for Dec 23 is $112.27M, based on 4 Wall Street analysts, with a range of $14.03M to $163.97M. The forecast indicates a 334.85% rise compared to BANC last annual SG&A of $25.82M (Sep 23).
Banc of California EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 8 | 7 | 6 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-4.46 | $0.74 | $0.31 | $0.34 | $0.36 | $0.40 | $0.44 | $0.69 | $0.10 | $0.42 | $0.34 | $0.16 | $0.35 | $0.24 | $-0.44 | $-0.19 | $0.21 | $-0.45 |
| Avg Forecast | $0.43 | $0.42 | $0.40 | $0.37 | $0.39 | $0.35 | $0.31 | $0.26 | $0.23 | $0.14 | $0.19 | $0.14 | $-0.28 | $0.29 | $0.30 | $0.38 | $0.44 | $0.47 | $0.43 | $0.36 | $0.26 | $0.19 | $0.27 | $0.24 | $0.18 | $0.15 | $-0.39 | $0.05 | $0.17 | $-0.34 |
| High Forecast | $0.44 | $0.43 | $0.41 | $0.37 | $0.40 | $0.36 | $0.31 | $0.30 | $0.24 | $0.14 | $0.19 | $0.14 | $0.04 | $0.33 | $0.31 | $0.38 | $0.45 | $0.47 | $0.43 | $0.36 | $0.26 | $0.19 | $0.27 | $0.24 | $0.18 | $0.15 | $-0.39 | $0.05 | $0.17 | $-0.34 |
| Low Forecast | $0.41 | $0.40 | $0.38 | $0.35 | $0.38 | $0.34 | $0.30 | $0.23 | $0.21 | $0.14 | $0.18 | $0.14 | $-0.43 | $0.24 | $0.29 | $0.36 | $0.42 | $0.47 | $0.43 | $0.36 | $0.26 | $0.19 | $0.27 | $0.24 | $0.18 | $0.15 | $-0.39 | $0.05 | $0.17 | $-0.34 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 16.04% | 2.54% | 1.03% | 0.90% | 0.82% | 0.86% | 1.02% | 1.92% | 0.37% | 2.25% | 1.24% | 0.65% | 1.94% | 1.62% | 1.14% | -3.99% | 1.24% | 1.34% |
According to 4 Wall Street analysts, Banc of California's projected average Quarter EPS for Dec 23 is $-0.28, with a low estimate of $-0.43 and a high estimate of $0.04. This represents a -137.57% decrease compared to BANC previous annual EPS of $0.74 (Sep 23).
Banc of California Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FFNW | First Financial Northwest | $21.85 | $23.50 | 7.55% | Hold |
| BANC | Banc of California | $16.30 | $16.83 | 3.25% | Buy |
| HFWA | Heritage Financial | $25.67 | $26.00 | 1.29% | Hold |
| PGC | Peapack-Gladstone Financial | $34.75 | $35.00 | 0.72% | Buy |
| GSBC | Great Southern Bancorp | $64.79 | $62.00 | -4.31% | Hold |
| BY | Byline Bancorp | $30.75 | $29.00 | -5.69% | Buy |
| BSRR | Sierra Bancorp | $30.73 | $25.33 | -17.57% | Hold |
| FISI | Financial Institutions | $28.45 | $19.50 | -31.46% | Hold |