Banc of California, Inc. (NYSE:BANC) Updates On Quarterly Dividend


As per Banc of California, Inc. (NYSE:BANC) statement on 2016-08-16, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.12 per share as dividend to stakeholders. The record date is set as 2016-09-15, the payout date as 2016-10-03 and the ex-dividend date is 2016-09-13.

Last fiscal Banc of California, Inc. (NYSE:BANC) disbursed cash dividend of $0.12. A year ago, the payout was $0.12, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.12, implying 13.9358% growth.

For the period ended on 2015-12-31, Banc of California, Inc. (NYSE:BANC)’s earnings came at $0.43 per share compared to EPS of $0.29 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-03. For this quarter, the analysts have earnings estimate of $0.42 per share.

The interim price target for Banc of California, Inc. (NYSE:BANC) is set at $21.142. This level is the mean price reached by averaging the stock views of 7 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Banc of California, Inc. (NYSE:BANC) is seen at $24 and the lowest level is established at $16. This broad range highlights a standard deviation of $2.968 in reported estimates.

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