Barclays Sticks to Their Buy Rating for Banc of California (BANC)
Barclays analyst Jared Shaw maintained a Buy rating on Banc of California today and set a price target of $23.00.
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Shaw covers the Financial sector, focusing on stocks such as Wintrust Financial, Western Alliance, and Associated Banc-Corp. According to TipRanks, Shaw has an average return of 4.3% and a 60.13% success rate on recommended stocks.
Banc of California has an analyst consensus of Strong Buy, with a price target consensus of $22.86.
Based on Banc of California’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $442.77 million and a net profit of $71.95 million. In comparison, last year the company earned a revenue of $438.28 million and had a net profit of $53.57 million
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BANC in relation to earlier this year. Most recently, in May 2026, Bryan Corsini, the CCO of BANC sold 14,988.00 shares for a total of $285,671.28.
