Banc Of California Inc. 0%

Banc of California shares rose to a 52-week high of $21.60, posting a year-to-date return of 34.75% and a gain of 41.57% over the past six months. Management share buybacks and, according to the report, slight undervaluation (P/E 20.37, dividend yield 1.9%) are supporting the price momentum. In the fourth quarter the bank beat analyst expectations with EPS of $0.42 (expectation $0.37) and revenue of $292.9 million; loan and lease balances grew at an annualized rate of 15% to $25.2 billion. DA Davidson reaffirmed its buy rating with a $24.00 price target. » More on de.investing.com

Banc of California's stock rose to a 52-week high of $18.25 and gained 7.87% over the past week; it is up 31.18% over the past six months. For Q3 2025 the bank reported EPS of $0.38 (expectation $0.32) and revenue of $287.7 million (expectation $283.45 million). The company announced a quarterly cash dividend of $0.10 per common share and dividends on its preferred shares; DA Davidson raised its price target to $21 and reiterated “Buy.” Despite the strong results, the stock briefly fell 2.1% in regular trading after the release. » More on de.investing.com