Banc of California, Inc. (BANC) Declares Quarterly Cash Dividend

Banc of California, Inc. (NYSE:BANC) is among the 13 Most Undervalued Stocks Under $20 to Buy. On November 6, the company announced that it would pay a quarterly cash dividend of $0.10 per share to all common shareholders of record as of December 15, 2025. The payment is scheduled for January 2, 2026.

Moreover, according to the press release, all shareholders on record as of November 20 for the company’s Series F preferred stock will also receive a per-depository-share cash dividend of $0.4845 on December 1.

In other news, on October 27, Citigroup analyst Benjamin Gerlinger upgraded the stock’s rating to Buy from Hold and lifted the price target to $21.50 from $18 per share, citing a promising earnings outlook for fiscal 2026.

The firm also anticipates Banc of California, Inc. (NYSE:BANC)’s lending business, lower deposit costs, and asset repricing to continue supporting improvement in net interest margin (NIM). Moreover, Citigroup also added that the bank’s NIM could end up around the higher 3.40s next year if the Federal Reserve goes ahead with further rate cuts this year.

Banc of California, Inc. (NYSE:BANC) is a bank holding company that owns the Banc of California. It has a market cap of $2.71 billion and manages over $34 billion in assets. The stock has gained 13% year-to-date.

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