Dow soars by 300 points
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 10 2024
0mins
Analyst Views on BANC
Wall Street analysts forecast BANC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BANC is 20.69 USD with a low forecast of 20.00 USD and a high forecast of 21.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
8 Buy
0 Hold
0 Sell
Strong Buy
Current: 20.870
Low
20.00
Averages
20.69
High
21.50
Current: 20.870
Low
20.00
Averages
20.69
High
21.50
About BANC
Banc of California, Inc. is a bank holding company for its subsidiary, Banc of California (the Bank), a California state-chartered bank. The Bank offers a broad range of loan and deposit products and services through 80 full-service branches located throughout California and in Denver, Colorado, and Durham, North Carolina, as well as through regional offices nationwide. The Bank also provides full-stack payment processing solutions through its subsidiary, Deepstack Technologies, LLC (Deepstack). The Bank is organized into four business groups, such as Community Banking, Specialty Banking, Deposit Services, and Payment Solutions. Specialty Banking is focused on serving clients in niche verticals by industry, including homeowner associations, venture banking, SBA lending, mortgage warehouse lending, media and entertainment and equipment finance. Deposit Services provide valuable services to clients in the Community and Specialty Banking groups.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
