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Banc of California Boosts Quarterly Common Stock Dividend

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Banc of California Boosts Quarterly Common Stock Dividend

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Banc of California ( (BANC) ) just unveiled an announcement.

On February 5, 2026, Banc of California announced that its board increased the quarterly cash dividend on its common stock by 20% to $0.12 per share, payable on April 1, 2026 to shareholders of record on March 16, 2026, underscoring management’s confidence in the bank’s financial performance and earnings outlook. The board also declared a quarterly cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F, payable on March 2, 2026 to holders of record on February 19, 2026, and highlighted the availability of a Dividend Reinvestment Plan that lets registered common shareholders acquire additional stock at a 3% discount, enhancing the bank’s capital return profile while supporting ongoing shareholder participation.

The most recent analyst rating on (BANC) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Banc of California stock, see the BANC Stock Forecast page.

Spark’s Take on BANC Stock

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

The score is driven primarily by improving operating outlook and positive guidance from the earnings call alongside strong technical momentum. Financial performance is solid but capped by inconsistent historical growth, prior losses, and relatively low ROE, while valuation is neutral with a moderate P/E and modest yield.

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

More about Banc of California

Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and is the parent of Banc of California, one of the nation’s premier relationship-based business banks. It provides banking and treasury management services to small, middle-market and venture-backed businesses, offers a broad range of loan and deposit products through 79 full-service branches across California, Denver and Durham, and delivers full-service payment processing and a technology-forward platform, SmartStreet™, for the Community Association Management industry nationwide.

Average Trading Volume: 2,313,109

Technical Sentiment Signal: Buy

Current Market Cap: $3.13B

Find detailed analytics on BANC stock on TipRanks’ Stock Analysis page.

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