With 2.23 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.03 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $14.33 whereas the lowest price it dropped to was $13.91. The 52-week range on BANC shows that it touched its highest point at $18.08 and its lowest point at $11.88 during that stretch. It currently has a 1-year price target of $18.50. With its current market cap of 2.38 billion, BANC has annualized dividend of $0.40 while the current yield stands at 2.84%. BANC paid its most recent dividend on 1741910400, while the ex-dividend date for that was 1741910400. Beta for the stock currently stands at 0.87.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BANC was up-trending over the past week, with a rise of 4.99%, but this was down by -10.94% over a month. Three-month performance dropped to -16.53% while six-month performance fell -4.08%. The stock lost -0.28% in the past year, while it has lost -8.86% so far this year. A look at the trailing 12-month EPS for BANC yields 0.52 with Next year EPS estimates of 1.65. For the next quarter, that number is 0.23. This implies an EPS growth rate of 134.39% for this year and 35.47% for next year. EPS is expected to grow by 51.54% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 58.47%.
Float and Shares Shorts:
At present, 158.35 million BANC shares are outstanding with a float of 138.97 million shares on hand for trading. On 2025-02-28, short shares totaled 12.03 million, which was 714.0 higher than short shares on 1738281600. In addition to Mr. Jared M. Wolff J.D. as the firm’s Vice Chairman, President & CEO, Mr. Joseph Kauder serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.9974 of BANC’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BANC since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BANC analysts setting a high price target of 20.0 and a low target of 15.0, the average target price over the next 12 months is 18.54545. Based on these targets, BANC could surge 41.94% to reach the target high and rise by 6.46% to reach the target low. Reaching the average price target will result in a growth of 31.62% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.49195 being high and $0.43947 being low. For BANC, this leads to a yearly average estimate of $0.46571. Based on analyst estimates, the high estimate for the next quarter is $0.32 and the low estimate is $0.26. The average estimate for the next quarter is thus $0.29.
