- Banc of California (BANC, Financial) shows strong Q1 2025 results with a notable boost in net income and loan portfolio growth.
- Wall Street analysts predict a potential upside of nearly 30%, with a consensus rating of "Outperform."
- GuruFocus estimates indicate a significant upside of nearly 50% in the stock's value over the next year.
Banc of California (NYSE: BANC) achieved impressive results in the first quarter of 2025, reporting a net income of $43.6 million, translating to $0.26 per share. The financial institution demonstrated a 6% annualized growth in its loan portfolio, spearheaded by significant commercial loan production. Additionally, Banc of California expanded its share buyback program, raising the limit to $300 million, indicating a strong commitment to enhancing shareholder value.
Wall Street Analysts' Insights
The one-year price target forecasts provided by 10 analysts average at $17.50 for Banc of California Inc. (BANC, Financial), with predictions ranging from a high of $20.00 to a low of $15.00. This average target suggests a potential upside of 29.92% from the current stock price of $13.47. For a deeper dive into these projections, visit the Banc of California Inc (BANC) Forecast page.
Further reinforcing investor confidence, the consensus recommendation from 11 brokerage firms places Banc of California at an "Outperform" status, reflected by an average brokerage recommendation of 2.1 on a scale where 1 denotes Strong Buy and 5 indicates Sell.
GuruFocus Valuation Metrics
According to GuruFocus' estimations, Banc of California Inc's (BANC, Financial) GF Value in one year is projected at $20.18, which represents a potential upside of 49.81% from its current price of $13.47. The GF Value is GuruFocus' benchmark for the stock's fair trading value, calculated based on historical trading multiples, past business growth, and future business performance estimates. For more comprehensive data, explore the Banc of California Inc (BANC) Summary page.
