Banc of California (BANC) – Investment Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Banc of California (NYSE: BANC) in the last few weeks:

• 4/7/2026 – Banc of California had its price target lowered by Barclays PLC from $25.00 to $23.00. They now have an “overweight” rating on the stock.
• 4/2/2026 – Banc of California had its price target lowered by Piper Sandler from $25.00 to $22.00. They now have an “overweight” rating on the stock.
• 4/1/2026 – Banc of California had its price target lowered by JPMorgan Chase & Co. from $25.00 to $20.50. They now have an “overweight” rating on the stock.
• 3/30/2026 – Banc of California had its price target raised by Wells Fargo & Company from $20.00 to $22.00. They now have an “overweight” rating on the stock.

Banc of California Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 16th were issued a dividend of $0.12 per share. This is an increase from Banc of California’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Monday, March 16th. This represents a $0.48 dividend on an annualized basis and a yield of 2.6%. Banc of California’s payout ratio is 40.68%.

Banc of California, N.A. is a full-service commercial bank headquartered in Santa Ana, California, offering a broad spectrum of banking products and services to corporate and individual customers. The bank focuses on serving middle-market businesses, professional service firms, real estate investors and developers, and entrepreneurs throughout California. Its core offerings include deposit accounts, treasury management services, commercial real estate lending, equipment finance, lines of credit and Small Business Administration lending, complemented by cash management and online banking solutions.

Operating a network of branches and lending offices concentrated in both Southern and Northern California, Banc of California seeks to support local businesses and communities with personalized service and regional expertise.