BANC Should I Buy
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Banc of California Inc (BANC) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company's strong financial performance, positive analyst sentiment, and stock repurchase program indicate confidence in future growth. Despite insider selling, the long-term outlook remains favorable.
The MACD is positive and expanding, indicating bullish momentum. RSI is neutral at 56.834, and moving averages are converging, suggesting consolidation. The stock is trading near its resistance level (R1: 17.574), with potential for upward movement.
Extension of the $300 million stock repurchase program through 2027, with $83 million remaining.
Redemption of $385 million subordinated notes, showcasing strong financial strategy.
Strong Q4 financial results, including 43.58% YoY net income growth and 50% YoY EPS growth.
Insider selling increased by 247.14% over the last month.
Hedge funds remain neutral, indicating no significant institutional support.
In Q4 2025, Banc of California reported an 11.47% YoY revenue increase to $272.43 million, a 43.58% YoY net income increase to $67.44 million, and a 50% YoY EPS increase to $0.42, reflecting strong growth trends.
Analysts are bullish on BANC. Piper Sandler raised the price target to $25 from $24, citing solid Q4 results and positive 2026 guidance. Keefe Bruyette also raised the price target to $23 from $22, maintaining an Outperform rating.
