|Bid||0.00 x 800|
|Ask||0.00 x 1800|
|Day's Range||24.98 - 25.00|
|52 Week Range||24.91 - 25.81|
|Beta (5Y Monthly)||1.64|
|PE Ratio (TTM)||19.58|
|Forward Dividend & Yield||1.75 (6.89%)|
|Ex-Dividend Date||Nov 29, 2021|
|1y Target Est||N/A|
SANTA ANA, Calif., March 15, 2022--Banc of California, Inc. (NYSE: BANC) (the "Company"), the holding company parent of Banc of California, N.A., today announced that its Board of Directors has authorized the repurchase of up to $75 million of the Company’s common stock.
Banc of California (BANC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Hawke Ventures, a Los Angeles-based technology-focused venture capital firm, raised $25M for their second venture fund, with prominent investors such as Banc of California; former LegalZoom executives Chris Welker & Dorian Quispe; CMO of Ruggable, Linda Lai; Maropost Ventures; Executive VP & Chief Administrative Officer of BLT Enterprises, Daniel Rosenthal; along with other notable names.