Banc of California, Inc. (BANC)
NYSE: BANC · IEX Real-Time Price · USD
14.65
+0.05 (0.38%)
May 20, 2024, 1:40 PM EDT - Market open
Banc of California Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Banc of California stock have an average target of 16.31, with a low estimate of 15 and a high estimate of 19. The average target predicts an increase of 11.37% from the current stock price of 14.65.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for BANC stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 2 | 2 | 2 | 2 | 1 | 2 |
| Hold | 2 | 3 | 3 | 4 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 6 | 6 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Maintains $20 → $18 | Strong Buy | Maintains | $20 → $18 | +19.49% | May 15, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $16 → $15 | Hold | Maintains | $16 → $15 | +2.42% | May 14, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $16 | Hold | Reiterates | $16 | +9.25% | May 13, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $20 → $19 | Buy | Maintains | $20 → $19 | +29.74% | May 13, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $16 | Hold | Reiterates | $16 | +9.25% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
1.12B
from 246.84M
Increased by 353.32%
Revenue Next Year
1.22B
from 1.12B
Increased by 8.76%
EPS This Year
1.41
from -22.71
EPS Next Year
2.08
from 1.41
Increased by 47.43%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.3B | 1.5B |
| Avg | 1.1B | 1.2B |
| Low | 981.6M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 437.2% | 31.0% |
| Avg | 353.3% | 8.8% |
| Low | 297.6% | -5.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.75 | 2.45 | 2.61 |
| Avg | 1.41 | 2.08 | 2.54 |
| Low | 0.85 | 1.63 | 2.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 73.7% | 25.9% |
| Avg | - | 47.4% | 22.3% |
| Low | - | 15.5% | 17.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.