Analysts See $0.25 EPS for Banc of California, Inc. (BANC)

Investors sentiment increased to 1.3 in 2018 Q4. Its up 0.28, from 1.02 in 2018Q3. It improved, as 17 investors sold Banc of California, Inc. shares while 44 reduced holdings. 25 funds opened positions while 54 raised stakes. 51.34 million shares or 6.39% less from 54.85 million shares in 2018Q3 were reported.
Ameriprise reported 0% stake. Moreover, Bnp Paribas Arbitrage Sa has 0% invested in Banc of California, Inc. (NYSE:BANC). Rmb Mgmt Ltd Limited Liability Company has 258,798 shares. Howe Rusling Inc stated it has 0% of its portfolio in Banc of California, Inc. (NYSE:BANC). Moreover, Bogle Inv Mgmt Lp De has 0.02% invested in Banc of California, Inc. (NYSE:BANC). Qs Invsts Ltd Com stated it has 200,055 shares. Retail Bank Of Montreal Can accumulated 1,803 shares. Moreover, Tci Wealth Advsr has 0% invested in Banc of California, Inc. (NYSE:BANC) for 42 shares. 578,481 are held by State Of Wisconsin Board. Cubist Systematic Strategies Ltd Liability Corporation invested in 23,903 shares or 0.02% of the stock. Gator Cap Lc holds 21,000 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 2,618 shares. Ancora Limited Com holds 0.02% or 29,138 shares. Pinebridge Invests Limited Partnership has 25,059 shares for 0.01% of their portfolio. Fmr Ltd Liability Com reported 198 shares.

Since November 2, 2018, it had 2 insider buys, and 1 sale for $104,993 activity. The insider Curran Mary A bought 2,000 shares worth $31,220. Smith Michael Alan bought 4,600 shares worth $75,900.

Analysts expect Banc of California, Inc. (NYSE:BANC) to report $0.25 EPS on April, 26.They anticipate $0.20 EPS change or 400.00 % from last quarter’s $0.05 EPS. BANC’s profit would be $12.66 million giving it 15.04 P/E if the $0.25 EPS is correct. After having $0.05 EPS previously, Banc of California, Inc.’s analysts see 400.00 % EPS growth. The stock increased 0.47% or $0.07 during the last trading session, reaching $15.04. About 109,215 shares traded. Banc of California, Inc. (NYSE:BANC) has declined 12.88% since April 17, 2018 and is downtrending. It has underperformed by 17.25% the S&P500.

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Banc of California, Inc. (NYSE:BANC) Ratings Coverage

Among 2 analysts covering Banc of California (NYSE:BANC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Banc of California had 9 analyst reports since November 12, 2018 according to SRatingsIntel. The stock has “Outperform” rating by Raymond James on Monday, November 12. FBR Capital maintained the shares of BANC in report on Tuesday, December 18 with “Neutral” rating. The rating was maintained by Piper Jaffray on Wednesday, March 6 with “Buy”.

Banc of California, Inc. operates as the bank holding firm for Banc of California, National Association that provides banking services and products in the United States. The company has market cap of $761.89 million. It operates through Commercial Banking and Mortgage Banking divisions. It has a 33.5 P/E ratio. The companyÂ’s deposits consist of checking, savings, money market, retirement, and interest and non-interest bearing demand accounts, as well as certificates of deposit; and commercial and consumer loan products include commercial and industrial loans, commercial real estate loans, multi-family loans, small business administration guaranteed business loans, construction and renovation loans, lease financing, single family residential mortgage loans, warehouse loans, asset-insurance-or security backed loans, home equity lines of credit, consumer and business lines of credit, home equity loans, and other consumer loans.

Banc of California, Inc. (NYSE:BANC) Ratings Chart