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 $15.50 (represents a 12.24% upside from BANC’s last price of $13.81) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
BANC Price Target
The average price target for Banc of California (BANC) is $15.50 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $17.50 to $14.00. This represents a potential 12.24% upside from BANC's last price of $13.81.
BANC Analyst Ratings
According to 6 Wall Street analysts, Banc of California's rating consensus is 'Hold'. The analyst rating breakdown for BANC stock is 0 'Strong Buy' (0.00%), 2 'Buy' (33.33%), 4 'Hold' (66.67%), 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 |
|---|---|---|---|---|---|---|
| Jul 24, 2024 | Jared Shaw | Barclays | $14.00 | $13.83 | 1.23% | 1.38% |
| May 14, 2024 | Gary Tenner | D.A. Davidson | $17.50 | $13.52 | 29.44% | 26.72% |
| May 14, 2024 | Andrew Terrell | Stephens | $15.00 | $13.52 | 10.95% | 8.62% |
| Apr 25, 2022 | - | Stephens | $22.00 | $18.31 | 20.15% | 59.30% |
The latest Banc of California stock forecast, released on Jul 24, 2024 by Jared Shaw from Barclays, set a price target of $14.00, which represents a 1.23% increase from the stock price at the time of the forecast ($13.83), and a 1.38% increase from BANC last price ($13.81).
Banc of California Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $14.00 | $15.50 |
| Last Closing Price | $13.81 | $13.81 | $13.81 |
| Upside/Downside | -100.00% | 1.38% | 12.24% |
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 $13.81. 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 |
|---|---|---|---|---|
| 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 Wells Fargo on Sep 04, 2024. The company gave BANC a "Equal-Weight" rating, the same as its previous rate.
Banc of California Financial Forecast
Banc of California Revenue Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $67.01M | $120.00M | $75.66M | $106.92M | $78.79M | $85.09M | - | $82.35M | $77.90M | $68.50M | $64.02M | $62.30M | $68.54M | $59.81M | $60.84M | $53.56M | $61.30M | $61.58M | $62.00M | $73.70M | $72.21M | $75.04M |
| Avg Forecast | $298.08M | $291.20M | $282.37M | $274.39M | $270.15M | $260.41M | $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 | $73.48M | $75.94M | $87.91M | $217.14M |
| High Forecast | $307.12M | $300.04M | $290.93M | $282.72M | $278.34M | $268.40M | $277.58M | $297.29M | $251.96M | $81.95M | $79.42M | $85.86M | $89.14M | $91.14M | $85.95M | $85.66M | $86.36M | $72.17M | $67.53M | $70.74M | $66.45M | $66.45M | $62.09M | $65.85M | $68.72M | $74.95M | $78.78M | $81.41M | $105.49M | $260.57M |
| Low Forecast | $290.07M | $283.37M | $274.77M | $267.02M | $262.89M | $237.32M | $262.16M | $280.78M | $21.57M | $73.44M | $75.01M | $81.09M | $84.19M | $86.08M | $85.95M | $75.57M | $76.20M | $63.68M | $59.58M | $62.41M | $58.62M | $58.62M | $54.78M | $58.10M | $60.63M | $66.13M | $69.50M | $71.83M | $70.33M | $173.71M |
| # Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | 0.39% | 1.56% | 0.98% | 1.28% | 0.91% | 0.96% | - | 1.03% | 0.97% | 1.02% | 1.02% | 0.94% | 1.11% | 0.96% | 1.05% | 0.87% | 0.96% | 0.88% | 0.84% | 0.97% | 0.82% | 0.35% |
Banc of California's average Quarter revenue forecast for Mar 24 based on 2 analysts is $288.53M, with a low forecast of $280.78M, and a high forecast of $297.29M. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | $11.68M | $59.29M | $25.09M | $61.54M | $58.50M | $55.05M | - | $79.55M | $25.34M | $44.60M | $39.58M | $31.54M | $44.79M | $36.41M | $-2.06M | $19.05M | $53.21M | $17.00M | $63.38M | $55.96M | $61.06M | $54.52M |
| Avg Forecast | $74.84M | $73.12M | $70.90M | $68.90M | $67.83M | $65.39M | $67.64M | $62.28M | $43.32M | $19.29M | $19.35M | $56.62M | $21.72M | $60.38M | $21.58M | $51.47M | $36.22M | $54.89M | $33.93M | $44.15M | $25.24M | $16.02M | $-1.37M | $15.42M | $43.82M | $11.50M | $41.01M | $19.07M | $74.34M | $80.96M |
| High Forecast | $77.11M | $75.34M | $73.05M | $70.99M | $69.89M | $67.39M | $69.70M | $74.74M | $63.26M | $20.58M | $19.94M | $67.94M | $22.38M | $72.46M | $21.58M | $61.77M | $43.46M | $65.87M | $40.71M | $52.98M | $30.28M | $19.23M | $-1.10M | $16.53M | $52.58M | $13.80M | $49.21M | $20.44M | $89.21M | $97.16M |
| Low Forecast | $72.83M | $71.15M | $68.99M | $67.04M | $66.01M | $59.59M | $65.83M | $49.83M | $5.41M | $18.44M | $18.83M | $45.30M | $21.14M | $48.31M | $21.58M | $41.18M | $28.97M | $43.91M | $27.14M | $35.32M | $20.19M | $12.82M | $-1.65M | $14.59M | $35.05M | $9.20M | $32.81M | $18.04M | $59.47M | $64.77M |
| Surprise % | - | - | - | - | - | - | - | - | 0.27% | 3.07% | 1.30% | 1.09% | 2.69% | 0.91% | - | 1.55% | 0.70% | 0.81% | 1.17% | 0.71% | 1.77% | 2.27% | 1.50% | 1.24% | 1.21% | 1.48% | 1.55% | 2.93% | 0.82% | 0.67% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | $-482.95M | $42.57M | $17.88M | $20.28M | $21.52M | $24.20M | - | $48.51M | $5.75M | $23.17M | $19.05M | $14.38M | $21.70M | $15.91M | $-18.45M | $-6.59M | $14.27M | $-14.13M | $16.58M | $7.04M | $11.04M | $11.10M |
| Avg Forecast | $64.36M | $57.94M | $50.18M | $43.15M | $34.43M | $19.10M | $31.33M | $37.98M | $-46.82M | $49.13M | $50.53M | $34.53M | $73.63M | $31.37M | $72.54M | $31.39M | $8.22M | $28.52M | $16.33M | $20.13M | $12.23M | $7.00M | $-12.30M | $-40.05M | $11.75M | $-9.56M | $10.73M | $11.40M | $13.44M | $16.48M |
| High Forecast | $66.90M | $60.23M | $52.15M | $44.86M | $35.79M | $20.38M | $32.56M | $45.58M | $7.32M | $55.68M | $52.52M | $41.43M | $76.53M | $37.64M | $72.54M | $37.67M | $9.86M | $34.22M | $19.59M | $24.15M | $14.67M | $8.40M | $-9.84M | $-32.04M | $14.10M | $-7.65M | $12.88M | $13.68M | $16.13M | $19.77M |
| Low Forecast | $62.11M | $55.92M | $48.42M | $41.65M | $33.22M | $16.55M | $30.23M | $30.39M | $-71.70M | $40.94M | $48.76M | $27.62M | $71.05M | $25.09M | $72.54M | $25.11M | $6.58M | $22.81M | $13.06M | $16.10M | $9.78M | $5.60M | $-14.76M | $-48.06M | $9.40M | $-11.47M | $8.58M | $9.12M | $10.75M | $13.18M |
| Surprise % | - | - | - | - | - | - | - | - | 10.31% | 0.87% | 0.35% | 0.59% | 0.29% | 0.77% | - | 1.55% | 0.70% | 0.81% | 1.17% | 0.71% | 1.77% | 2.27% | 1.50% | 0.16% | 1.21% | 1.48% | 1.55% | 0.62% | 0.82% | 0.67% |
Banc of California's average Quarter net income forecast for Dec 23 is $-46.82M, with a range of $-71.70M to $7.32M. BANC's average Quarter net income forecast represents a -209.98% decrease compared to the company's last Quarter net income of $42.57M (Sep 23).
Banc of California SG&A Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | $25.82M | $28.28M | $29.66M | $27.81M | $28.00M | - | $28.99M | $30.96M | $27.37M | $27.51M | $28.27M | $28.36M | $25.94M | $27.68M | $27.45M | $29.80M | - | $33.36M | $34.47M | $30.94M | $32.01M |
| Avg Forecast | $106.75M | $104.29M | $101.13M | $98.27M | $96.75M | $93.26M | $96.48M | $24.73M | $61.79M | $27.52M | $27.61M | $22.48M | $30.98M | $37.05M | $30.78M | $20.44M | $44.26M | $33.68M | $23.58M | $39.57M | $15.98M | $11.41M | $18.45M | $22.00M | $24.54M | $20.86M | $21.59M | $55.85M | $37.67M | $47.53M |
| High Forecast | $109.99M | $107.45M | $104.19M | $101.25M | $99.69M | $96.12M | $99.41M | $29.68M | $90.24M | $29.35M | $28.44M | $26.98M | $31.92M | $44.46M | $30.78M | $24.53M | $53.11M | $40.42M | $28.30M | $47.49M | $19.18M | $13.69M | $22.14M | $23.58M | $29.45M | $25.03M | $25.90M | $67.02M | $45.20M | $57.03M |
| Low Forecast | $103.88M | $101.49M | $98.41M | $95.63M | $94.15M | $84.99M | $93.89M | $19.79M | $7.72M | $26.30M | $26.86M | $17.99M | $30.15M | $29.64M | $30.78M | $16.35M | $35.41M | $26.94M | $18.86M | $31.66M | $12.78M | $9.13M | $14.76M | $20.81M | $19.63M | $16.69M | $17.27M | $44.68M | $30.14M | $38.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.94% | 1.02% | 1.32% | 0.90% | 0.76% | - | 1.42% | 0.70% | 0.81% | 1.17% | 0.71% | 1.77% | 2.27% | 1.50% | 1.25% | 1.21% | - | 1.55% | 0.62% | 0.82% | 0.67% |
Banc of California's average Quarter SG&A projection for Dec 23 is $61.79M, based on 4 Wall Street analysts, with a range of $7.72M to $90.24M. The forecast indicates a 139.31% rise compared to BANC last annual SG&A of $25.82M (Sep 23).
Banc of California EPS Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | $-4.46 | $0.74 | $0.31 | $0.34 | $0.36 | $0.40 | - | $0.69 | $0.10 | $0.42 | $0.34 | $0.16 | $0.35 | $0.24 | $-0.44 | $-0.19 | $0.21 | $-0.45 | $0.23 | $0.05 | $0.13 | $0.07 |
| Avg Forecast | $0.38 | $0.34 | $0.30 | $0.26 | $0.20 | $0.11 | $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 | $0.18 | $0.25 | $0.28 | $0.30 |
| High Forecast | $0.40 | $0.36 | $0.31 | $0.27 | $0.21 | $0.12 | $0.19 | $0.15 | $0.04 | $0.33 | $0.31 | $0.39 | $0.45 | $0.49 | $0.43 | $0.39 | $0.28 | $0.20 | $0.30 | $0.27 | $0.20 | $0.16 | $-0.36 | $0.05 | $0.18 | $-0.31 | $0.19 | $0.27 | $0.34 | $0.36 |
| Low Forecast | $0.37 | $0.33 | $0.29 | $0.25 | $0.20 | $0.10 | $0.18 | $0.14 | $-0.43 | $0.24 | $0.29 | $0.36 | $0.42 | $0.45 | $0.43 | $0.33 | $0.24 | $0.17 | $0.25 | $0.23 | $0.17 | $0.14 | $-0.42 | $0.04 | $0.16 | $-0.37 | $0.16 | $0.23 | $0.22 | $0.24 |
| Surprise % | - | - | - | - | - | - | - | - | 16.04% | 2.54% | 1.03% | 0.90% | 0.82% | 0.86% | - | 1.92% | 0.37% | 2.25% | 1.24% | 0.65% | 1.94% | 1.62% | 1.14% | -3.99% | 1.24% | 1.34% | 1.31% | 0.20% | 0.46% | 0.23% |
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
BANC Forecast FAQ
Is Banc of California a good buy?
No, according to 6 Wall Street analysts, Banc of California (BANC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 33.33% of BANC's total ratings.
What is BANC's price target?
Banc of California (BANC) average price target is $15.5 with a range of $14 to $17.5, implying a 12.24% from its last price of $13.81. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Banc of California stock go up soon?
According to Wall Street analysts' prediction for BANC stock, the company can go up by 12.24% (from the last price of $13.81 to the average price target of $15.5), up by 26.72% based on the highest stock price target, and up by 1.38% based on the lowest stock price target.
Can Banc of California stock reach $20?
BANC's average twelve months analyst stock price target of $15.5 does not support the claim that Banc of California can reach $20 in the near future.
What are Banc of California's analysts' financial forecasts?
Banc of California's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.09B (high $1.12B, low $1.04B), average EBITDA is $263.14M (high $281.71M, low $241.25M), average net income is $122.84M (high $134.3M, low $110.4M), average SG&A $311.23M (high $324.9M, low $292.82M), and average EPS is $0.645 (high $0.674, low $0.611). BANC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.15B (high $1.18B, low $1.12B), average EBITDA is $287.75M (high $296.48M, low $280.02M), average net income is $215.63M (high $224.13M, low $208.09M), average SG&A $410.44M (high $422.89M, low $399.4M), and average EPS is $1.28 (high $1.33, low $1.24).
Did the BANC's actual financial results beat the analysts' financial forecasts?
Based on Banc of California's last annual report (Dec 2023), the company's revenue was $1.52B, beating the average analysts forecast of $409.77M by 271.78%. Apple's EBITDA was $45.66M, missing the average prediction of $138.58M by -67.05%. The company's net income was $-1.899B, missing the average estimation of $87.36M by -2273.89%. Apple's SG&A was $0, missing the average forecast of $139.4M by -100.00%. Lastly, the company's EPS was $-22.24, missing the average prediction of $0.689 by -3326.09%. In terms of the last quarterly report (Dec 2023), Banc of California's revenue was $67.01M, missing the average analysts' forecast of $172.52M by -61.16%. The company's EBITDA was $11.68M, missing the average prediction of $43.32M by -73.04%. Banc of California's net income was $-483M, beating the average estimation of $-46.824M by 931.42%. The company's SG&A was $0, missing the average forecast of $61.79M by -100.00%. Lastly, the company's EPS was $-4.46, beating the average prediction of $-0.278 by 1504.32%