Banc of California, Inc. (BANC)

Banc of California's stock has shown positive momentum, with a 37.87% increase over the last six months and a 31.60% increase over the past year as of January 14, 2026. The company reported better-than-expected revenue and GAAP profit in Q3 2025, with sales up 32.8% year-on-year to $287.7 million. In Q2 2025, total loans increased by 2%, and total deposits increased by 1%. In Q1 2025, the company reported diluted earnings per share of $0.26 and announced an upsize of its stock repurchase program from $150 million to $300 million. Banc of California has received several analyst rating updates, including upgrades and increased price targets, with a consensus rating of "Moderate Buy" and an average price target of $19.95. The company declared a quarterly cash dividend of $0.10 on common stock in November 2025.

The banking industry experiences seasonal trends in demand for loans and deposits, with loan demand typically lowest in January and February and peaking in August or September, influenced by the spring home-buying season and changes in interest rates. Deposits tend to flow out of the U.S. banking system in January and February and flow in later in the year. Banc of California has noted that increases in compensation expenses are primarily due to seasonality, as resets of accruals for incentive compensation, payroll taxes, and benefits occur during the first quarter of the year.

Banc of California, Inc. is a financial holding company that operates through its subsidiary, Banc of California, National Association, providing banking and financial services with a focus on commercial and business banking, personal banking, and specialty banking services. The company offers a range of loan and deposit products, including checking, savings, and real estate loans, and provides services such as treasury management and payment processing solutions through its subsidiary, Deepstack Technologies, LLC. Banc of California caters to small and middle-market businesses, venture capital firms, non-profit organizations, business owners, and high-net-worth individuals, and serves the Community Association Management industry with its SmartStreet™ platform.

Banc of California is headquartered in Los Angeles, California, and operates through a network of branches primarily located throughout California, with additional locations in Denver, Colorado, and Durham, North Carolina. As of September 2025, the bank had 88 locations and has expanded its corporate offices in Beverly Hills and New York City. In October 2025, the company announced an 11-year office lease in downtown Los Angeles.

Banc of California aims to be a premier, relationship-focused, full-service business bank and emphasizes its commitment to local communities through the Banc of California Charitable Foundation. The bank has been actively involved in community support, such as creating the Wildfire Relief & Recovery Fund with a $1 million donation in January 2025 to aid recovery efforts from Southern California wildfires. Customer feedback is gathered through a "Voice of the Client" process to address feedback and identify emerging issues.

Banc of California, Inc. is a publicly traded company with ownership distributed among institutional and individual shareholders. As of September 30, 2025, the company had 561 institutional owners holding a total of 185,422,408 shares, with major institutional shareholders including BlackRock, Inc., Warburg Pincus Llc, and T. Rowe Price Investment Management, Inc. W. Kirk Wycoff is the largest individual shareholder, owning approximately 5.00 million shares, representing 3.30% of the company.