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How to Buy Banc Of California Stock

Banc Of California Inc

Banc Of California is a bank company located in California, United States, which is part of the Financial Services sector, and is traded under the ticker BANC on the NYSE exchange.

Banc Of California stock last closed at $14.32, up 1.56% from the previous day, and has increased 27.4% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.08 percentage points. Banc Of California stock is currently +47.33% from its 52-week low of $9.72, and -10.95% from its 52-week high of $16.08.

There are currently 157.27M BANC shares outstanding. The market cap of BANC is $2.25B. In the last 24 hours, 1.71M BANC shares were traded.

How to Buy Banc Of California Stock

Not sure how to invest in Banc Of California stock? Here's how.
  1. Decide where to buy Banc Of California stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Banc Of California stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Choose your payment method and add your info.
  4. Analyze Banc Of California stock: The Banc Of California ticker symbol is BANC. Is Banc Of California stock a good investment? Should you buy shares of BANC? How do BANC's underlying business fundamentals look? Do top analysts think Banc Of California is a good buy? Why has BANC's stock price moved recently? (Hint: Our stock research website can help you decide if BANC is a good stock to buy).
  5. Execute your BANC buy order: Decide if you will purchase BANC shares at the current market price or use a limit order to purchase BANC shares at a given price.
  6. Get the latest news on your BANC investment: Create a watchlist to key updates about your investment in Banc Of California shares.

Step 1: Decide where to buy Banc Of California stock

You need a brokerage account to access the NYSE market and buy BANC stock.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've picked the right brokerage, the next step is to fill out some personal information so you are able to buy BANC stock today.

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  2. Provide your personal data to create a new brokerage account.
  1. Send your data by hitting the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you've finished signing up on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:

Check out this video walkthrough if you need help depositing money into your new brokerage account.

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Step 4: Analyze Banc Of California stock

After you have figured out the best place to buy Banc Of California stock, it's crucial to analyze their stock before you invest, so you actually comprehend the risk as well as the opportunity.

Banc Of California Metrics

BANC Price
$14.32
1w %
3.32%
1y %
27.4%
5y %
-1.04%
P/E
-0.63x
P/B
0.66x
P/S
9.12x
PEG
N/A
Revenue
$246.84M
Earnings
-$1.94B
Fore. Rev. Growth
379.33%
Fore. Earn. Growth
N/A
Market Cap
$2.25B
Next Earnings
May 9, 2024
Next Dividend
N/A

Banc Of California Fundamentals

WallStreetZen was built to help average investors perform more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on BANC's stock page.

How is BANC stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge BANC's fair value.

Using relative valuations measures:

  • BANC may be undervalued based on its P/B ratio of 0.66x, relative to Banks - Regional industry P/B ratio of 0.99x

You can access more valuation research on BANC's stock here.

BANC Financial Health Overview

Failed Health Checks:

  • BANC profit margin has gone down from 30.1% to -785.5% in the past year.
  • BANC earnings of -$2.21B is not sufficient to cover its interest payments.
  • BANC has a relatively high debt to equity ratio of 10.36.
  • Total BANC debt is higher than 5 years ago, relative to shareholder equity.
  • BANC's operating cash flow of $135.77M allows it to safely service it's debt of $3.85B.

Is BANC stock a Buy, Hold, or Sell, according to analysts?

Out of 6 Wall Street analysts who give ratings on BANC, the consensus analyst rating on Banc Of California is a Hold

Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

Most Recent BANC Analyst Upgrades/Downgrades

Kelly Motta, a top 27% analyst from Keefe, Bruyette & Woods upgrades BANC to a buy rating and raises their BANC price target from $16.00 to $18.00, on Mar 22, 2024.

You can dive deeper into what analysts are projecting on the Banc Of California stock forecast page.

BANC Trading Indicators

SMA10
13.99
SMA20
14.25
SMA50
14.48
SMA100
13.85
SMA200
13.16
MACD
-0.11
MACD Signal
-0.11
MACD Histogram
0
RSI
51.37
Stochastic %K
43.42
Stochastic %D
37.61
StochRSI %K
51.69
StochRSI %D
42.73

BANC Earnings

Last year, BANC revenue was $246.84M. Over the last 5 year, BANC's revenue has increased by -2.41% per year. This was slower than the Banks - Regional industry average of 7.44%.

Learn more about BANC's earnings and revenue performance here.

Who is buying/selling BANC?

Over the past 12 months, executives and large shareholders at BANC have sold more shares than they have bought.

Jared M. Wolff, PRESIDENT AND CEO of BANC, was the latest BANC insider to buy. They bought $99,677.40 worth of BANC stock on Apr 25, 2024.

Dig into more about who owns BANC stock here.

Can I get consistent income from BANC stock?

Banc Of California pays a dividend of 2.79%, compared to the Banks - Regional industry's average dividend yield of 3.82%. If you owned $1,000 of BANC stock, you would have been paid $27.93 in the past 12 months.

Banc Of California dividend payments have not consistently grown over the past decade and have not remained stable.

Get more analysis about Banc Of California dividend yield and history here.

What do other investors have to say about BANC?

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Execute your BANC buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at an exact dollar amount limit, use a limit order.

Press the Open button and your broker will execute your order.

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Step 6: Get the latest news on your BANC investment

Now that you own some BANC shares, you'll want to keep up with your shares.

Put BANC on a watchlist to track your BANC stock.

BANC Feed

How to Buy Stock in Banc Of California

To summarize, here are the 6 steps to buy stock in Banc Of California:

  1. Decide where to buy Banc Of California stock
  2. Open your brokerage account
  3. Deposit funds into your investment account
  4. Analyze Banc Of California stock
  5. Execute your BANC buy order
  6. Get the latest news on your BANC investment

If you need a place to buy stocks, eToro is our favorite venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your investment in Banc Of California, create a watchlist today.

NYSE: BANC
$14.32+0.22 (+1.56%)
Updated Apr 26, 2024
Open eToro Account
NYSE: BANC
$14.32+0.22 (+1.56%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Banc Of California share?

As of Apr 26, 2024, it costs $14.32 to buy one share of Banc Of California stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.489 shares of BANC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Banc Of California stock?

According to 6 Wall Street analysts who monitor Banc Of California, their consensus recommendation is to hold Banc Of California stock.

What is the best way to buy Banc Of California stock?

One way to place an order for Banc Of California stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.