Benzinga · Nov 9, 2026
Wells Fargo Maintains Overweight on Banc of California, Lowers Price Target to $21
Wells Fargo analyst Terry McEvoy maintains Banc of California (NYSE:BANC) with a Overweight and lowers the price target from $22 to $21.
NYSE · BANC
Banc of California, Inc.
Financial Services · Banks - Regional
$18.00
Down-$0.06 (-0.33%)
Updated Nov 11, 2026, 10:38 PM
SID Score
6.0/10
Composite research score
Smart Money
58/100
Neutral
- Market cap
- 3.08B
- P/E ratio
- 14.94
- Dividend yield
- 2.78%
- 52-week range
- $16.35 – $21.93
- Volume
- 1.6M
- Avg. volume
- 3.15M
Price performance · BANC
BANC price history
1M range · 21 trading sessions · Daily adjusted prices
Prices through Nov 10, 2026
BANC closed at $18.00 after 21 trading sessions, up 4.96% for the selected period.
- Last close
- $18.00
- Period change
- +4.96%
- Period low
- $16.98
- Period high
- $18.59
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Nov 10, 2026 | $18.13 | $18.2463 | $17.825 | $18.00 | 1.6M |
| Nov 9, 2026 | $18.27 | $18.54 | $18.10 | $18.12 | 1.98M |
| Nov 6, 2026 | $17.89 | $18.325 | $17.88 | $17.98 | 1.43M |
| Nov 5, 2026 | $18.79 | $19.07 | $17.87 | $17.96 | 2.31M |
| Nov 4, 2026 | $18.95 | $19.32 | $18.56 | $18.56 | 2.36M |
| Nov 3, 2026 | $18.52 | $18.75 | $18.26 | $18.37 | 2.21M |
| Nov 2, 2026 | $18.29 | $18.755 | $18.265 | $18.50 | 3.02M |
| Oct 30, 2026 | $18.62 | $18.62 | $18.115 | $18.23 | 3.28M |
| Oct 29, 2026 | $18.50 | $18.72 | $18.305 | $18.59 | 3.05M |
| Oct 28, 2026 | $17.85 | $18.515 | $17.85 | $18.48 | 4.54M |
| Oct 27, 2026 | $18.09 | $18.315 | $17.89 | $18.24 | 3.19M |
| Oct 26, 2026 | $17.99 | $18.09 | $17.88 | $17.99 | 1.57M |
| Oct 23, 2026 | $17.65 | $18.045 | $17.56 | $17.92 | 2.15M |
| Oct 22, 2026 | $17.23 | $17.775 | $17.23 | $17.74 | 1.89M |
| Oct 21, 2026 | $17.50 | $17.50 | $17.255 | $17.37 | 1.32M |
| Oct 20, 2026 | $17.10 | $17.485 | $17.06 | $17.36 | 2.2M |
| Oct 19, 2026 | $17.17 | $17.24 | $16.97 | $17.00 | 1.42M |
| Oct 16, 2026 | $17.35 | $17.555 | $17.135 | $17.18 | 1.74M |
| Oct 15, 2026 | $17.06 | $17.305 | $16.93 | $17.24 | 1.92M |
| Oct 14, 2026 | $16.83 | $17.06 | $16.74 | $16.98 | 1.77M |
| Oct 13, 2026 | $17.39 | $17.51 | $17.085 | $17.15 | 1.47M |
Latest BANC news
The latest Smart Investors Daily articles mentioning BANC.
Stock researchCompany · Overview
Company
Market Activity
Research & News
BANC research
Overview
Company profile and research snapshot.
Company profile
Banc of California Inc is a financial holding company. It offers banking and financial services. Its services include banking services, lending services, and private banking services. Its deposit and banking product and service offerings include checking, savings, money market, certificates of deposit, and retirement accounts. Lending activities are focused on providing financing to California's diverse private businesses, entrepreneurs, and communities, and loans are often secured by California commercial and residential real estate. The company has one reportable segment named Commercial banking.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $20.00
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Nov 9, 2026 | Wells Fargo | Overweight | — |
| Oct 5, 2026 | Barclays | Overweight | — |
| Oct 1, 2026 | Piper Sandler | Overweight | — |
| Sep 30, 2026 | Wells Fargo | Overweight | — |
| Sep 14, 2026 | UBS | Neutral | — |
News briefing
Generated Nov 11, 2026, 9:09 PM
Why Is BANC Down Today?
Banc of California shares declined modestly by 0.31% today following Wells Fargo's mixed analyst action on the regional bank. While Wells Fargo maintained its overweight rating—a vote of confidence in the bank's fundamentals—the firm lowered its price target to $21, signaling a more cautious near-term outlook that appears to have weighed on investor sentiment.
Bottom line: While today's decline is modest and driven largely by a lowered price target rather than a rating cut, the Wells Fargo update reflects the cautious positioning analysts are maintaining on regional banks despite recognizing quality names like BANC. Investors should monitor upcoming earnings reports and guidance for signs that BANC can navigate current headwinds and justify the overweight thesis on a forward basis.
Benzinga · Nov 8, 2026
Why the $3 Trillion ‘Extend and Pretend’ Bank Short Is a Trap
Regional and community banks hold nearly two-thirds of the $3.1 trillion U.S. commercial real estate debt market, using "extend-and-pretend" accounting loopholes to report near-zero delinquencies even as CMBS defaults surge past 8%. Yet shorting regional bank ETFs like KRE and IAT remains a dangerous trap.
Yahoo · Nov 6, 2026
Banc of California, Inc. Announces Quarterly Dividends
LOS ANGELES, November 06, 2026--Banc of California, Inc. (the "Company") (NYSE: BANC) announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share on its outstanding common stock. The dividend will be payable January 4, 2027, to stockholders of record as of December 15, 2026.
Yahoo · Nov 3, 2026
BANC Q3 deep dive: asset mix shift and deposit growth support earnings trajectory
Regional bank Banc of California (NYSE:BANC) missed Wall Street’s revenue expectations in Q3 2026, but sales rose 5.3% year on year to $303.1 million. Its non-GAAP profit of $0.46 per share was 2.2% above analysts’ consensus estimates.
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