Argus sets USD 16.00 target for Banc of California stock

Published on 10/17/2026 at 19:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The next earnings call is set for October 28, 2026. Banc of California stock costs USD 17.18 on October 16, 2026, down 0.35 percent versus the NYSE close.

Analyst target and earnings date

Argus published a USD 16.00 target for Banc of California on October 14, 2026.
The next earnings conference call is scheduled for October 28, 2026.
Banc of California stock costs USD 17.18 at 4:00 p.m. ET on October 16, 2026, down 0.35 percent versus the NYSE prior close.
The second quarter of 2026 produced USD 414.60 million in revenue and a USD 240.25 million GAAP net loss.

BANC, US05990K1060, Illustration mit AI erstellt.

Argus set a USD 16.00 price target for Banc of California stock in a report dated October 14, 2026. The target sits 7.38 percent below the October 16 NYSE closing price of USD 17.18. Banc of California stock was down 0.35 percent versus its NYSE prior close at 4:00 p.m. ET on October 16, 2026.

October earnings date

Banc of California is scheduled to hold its third-quarter 2026 earnings conference call on October 28, 2026, according to the company's investor-relations page. The page identifies the bank as NYSE-listed BANC and describes its business as relationship-based banking for small, middle-market and venture-backed companies.

Second-quarter loss sets context

For the second quarter of 2026, Banc of California reported USD 414.60 million in revenue and a USD 240.25 million GAAP net loss, compared with USD 448.22 million in revenue and USD 28.39 million in net profit in the year-earlier quarter, according to Markets Insider. The upcoming report therefore offers a concrete checkpoint for whether the loss was repeated or reversed.

Price position and valuation

The October 16 share price stood between the 52-week low of USD 16.11 and the high of USD 21.93. Trading volume was 1,640,883 shares against an average volume of 2,851,376 shares. Banc of California had a market capitalization of USD 2.7 billion and a price-to-earnings ratio of minus 47.72 on that date.

Comparison with peers

Banc of California: minus 0.35 percent, P/E minus 47.72, market capitalization USD 2.7 billion
Western Alliance Bancorporation (NYSE, USD): plus 0.22 percent, P/E 8.37, market capitalization USD 8.1 billion
First Interstate BancSystem (NASDAQ, USD): plus 0.03 percent, P/E 10.71, market capitalization USD 3.3 billion

What the target implies

The Argus target is below the October 16 market price, while the scheduled October 28 report provides the next dated test for earnings and valuation. No investment recommendation follows from either figure.

NYSE price remains the anchor

The USD 17.18 closing price on the NYSE on October 16, 2026, was 0.35 percent below the prior close, with the market capitalization at USD 2.7 billion. The next scheduled earnings conference call is October 28, 2026.