In the past week, BANC stock has gone up by 2.02%, with a monthly decline of -11.50% and a quarterly plunge of -16.63%. The volatility ratio for the week is 10.16%, and the volatility levels for the last 30 days are 4.90% for Banc of California Inc The simple moving average for the last 20 days is -8.70% for BANC stock, with a simple moving average of -16.49% for the last 200 days.
Is It Worth Investing in Banc of California Inc (NYSE: BANC) Right Now?
Banc of California Inc (NYSE: BANC) has a price-to-earnings ratio that is above its average at 23.89x. The stock has a 36-month beta value of 0.73. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for BANC is 139.36M, and at present, short sellers hold a 10.83% of that float. On April 14, 2025, the average trading volume of BANC was 2.60M shares.
BANC) stock’s latest price update
Banc of California Inc (NYSE: BANC)’s stock price has plunge by 0.53relation to previous closing price of 12.29. Nevertheless, the company has seen a 2.02% surge in its stock price over the last five trading sessions. businesswire.com reported 2025-04-10 that LOS ANGELES & LONG BEACH, Calif.–(BUSINESS WIRE)– #AutoRacing–Banc of California, a wholly owned subsidiary of Banc of California, Inc. (NYSE: BANC), is proud to announce its continued sponsorship of the 2025 Acura Grand Prix of Long Beach. The weekend-long event kicks off April 11 and runs through April 13. This is the 50th anniversary of the iconic race, which is a remarkable celebration of speed, precision and Southern California’s motorsport culture. Banc of California has served as the official bank.
Analysts’ Opinion of BANC
Many brokerage firms have already submitted their reports for BANC stocks, with JP Morgan repeating the rating for BANC by listing it as a “Neutral.” The predicted price for BANC in the upcoming period, according to JP Morgan is $18 based on the research report published on February 07, 2025 of the current year 2025.
Wells Fargo, on the other hand, stated in their research note that they expect to see BANC reach a price target of $20, previously predicting the price at $17. The rating they have provided for BANC stocks is “Overweight” according to the report published on January 06th, 2025.
Barclays gave a rating of “Overweight” to BANC, setting the target price at $18 in the report published on October 31st of the previous year.
BANC Trading at -14.17% from the 50-Day Moving Average
After a stumble in the market that brought BANC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.66% of loss for the given period.
Volatility was left at 4.90%, however, over the last 30 days, the volatility rate increased by 10.16%, as shares sank -12.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.03% lower at present.
During the last 5 trading sessions, BANC rose by +3.14%, which changed the moving average for the period of 200-days by +2.55% in comparison to the 20-day moving average, which settled at $13.54. In addition, Banc of California Inc saw -20.08% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BANC starting from LASHLEY RICHARD J, who sale 125,000 shares at the price of $14.20 back on Sep 05 ’24. After this action, LASHLEY RICHARD J now owns 668,939 shares of Banc of California Inc, valued at $1,774,625 using the latest closing price.
LASHLEY RICHARD J, the Director of Banc of California Inc, sale 75,000 shares at $14.00 during a trade that took place back on Sep 04 ’24, which means that LASHLEY RICHARD J is holding 719,826 shares at $1,050,300 based on the most recent closing price.
Stock Fundamentals for BANC
Current profitability levels for the company are sitting at:
- 0.34 for the present operating margin
- 0.99 for the gross margin
The net margin for Banc of California Inc stands at 0.08. The total capital return value is set at 0.02. Equity return is now at value 3.68, with 0.35 for asset returns.
Based on Banc of California Inc (BANC), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 0.63.
When we switch over and look at the enterprise to sales, we see a ratio of 2.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.11.
Conclusion
To sum up, Banc of California Inc (BANC) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
