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Banc of California Boosts Stock Buyback Program

Story Highlights

Banc of California ( (BANC) ) has shared an update.

Banc of California reported its first quarter 2025 financial results, highlighting a diluted earnings per share of $0.26 and a 6% annualized loan growth. The company also announced an increase in its stock buyback program to $300 million, reflecting its strong liquidity and capital position. The bank’s net interest margin improved, and it maintained high liquidity levels, with a significant increase in book value per share. Despite economic uncertainties, Banc of California continues to leverage its market strength to support loan and deposit growth while managing expenses effectively.

Spark’s Take on BANC Stock

According to Spark, TipRanks’ AI Analyst, BANC is a Neutral.

Banc of California’s stock score is driven by strong financial health with no debt and positive earnings call sentiment highlighting profitability growth and cost synergies. However, technical analysis indicates bearish trends, and valuation metrics suggest the stock might be overvalued, which tempers the overall score.

To see Spark’s full report on BANC stock, click here.

More about Banc of California

Banc of California, Inc. operates in the financial services industry, providing banking products and services primarily focused on commercial and industrial lending, fund finance, and warehouse loans. The company is known for its strong market position and commitment to delivering sustainable returns to its shareholders.

YTD Price Performance: -12.91%

Average Trading Volume: 2,737,805

Technical Sentiment Signal: Buy

Current Market Cap: $2.26B

For an in-depth examination of BANC stock, go to TipRanks’ Stock Analysis page.

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