Piper Sandler raised the firm’s price target on Banc of California (BANC) to $25 from $24 and keeps an Overweight rating on the shares following solid Q4 results and its initial guidance for 2026. The firm believes Banc of California is well-positioned to garner a TBV multiple closer to peers if it can execute on its latest guidance.
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Read More on BANC:
- Banc of California price target raised to $23 from $22 at Keefe Bruyette
- Banc of California Charts Profitable Path Into 2026
- Banc of California Reports Strong Q4 2025 Earnings Growth
- Banc of California reports Q4 net interest margin 3.20% vs. 3.04% last year
- Banc of California reports Q4 EPS 42c, consensus 37c