Banc of California, Inc.

BANC

Financial Services · Banks - Regional · Stock · quarterly payer

$17.18

Overvalued · -45% Add to Portfolio

Forward Yield

2.79%

Annual Dividend

$0.48

Payout Ratio

32%

5-Yr Growth

10.8%

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about BANC's dividend

Data as of Oct 18, 2026 · Source: SmarterDividends data

As of Oct 18, 2026, Banc of California, Inc. (BANC) has a forward dividend yield of 2.79%, based on an annual dividend of $0.48 per share and a share price of $17.18.
As of Oct 18, 2026, BANC's dividend safety grade from SmarterDividends is B (71 out of 100), which rates the dividend as safe.
BANC last cut its regular dividend in 2019.
BANC's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.12 per share.
As of Oct 18, 2026, BANC pays out 32% of its trailing 12-month earnings as dividends (its payout ratio).
BANC's dividend has grown at an average rate of 10.8% a year over the past five years.
As of Oct 18, 2026, BANC's 2.79% yield is 27% above its five-year average yield of 2.20%.
As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for BANC is $9.45 per share, 45% below the $17.18 share price, so BANC screens as overvalued.
Banc of California, Inc. (BANC) pays its dividend quarterly, 4 times a year.
Banc of California, Inc. (BANC) has raised its regular dividend 24 times and cut it 3 times across the 95 payments on record since 2003. Its most recent change was a 20.0% increase to $0.120 per share, going ex-dividend on Mar 16, 2026. The last cut went ex-dividend on Jun 14, 2019.

Cite this page

SmarterDividends, "BANC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/BANC

Summary

As of Oct 18, 2026, Banc of California, Inc. (BANC) yields 2.79% ($0.48 a year per share) and has a dividend safety grade of B (71/100).

Is BANC a good dividend stock?

Yes, with caveats

Banc of California, Inc. (BANC) pays a quarterly dividend yielding 2.79% ($0.48/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

Comfortable payout ratio (32%)
Strong 10.8% 5-yr dividend growth

Risks

Cut its dividend in 2019
Share price is down over the past 5 years

Key Data

Dividend Yield: 2.79%
Payout Ratio: 32%
Annual Dividend: $0.48
5-Yr Avg Growth: 10.8%
Ex-Dividend Date: Sep 15, 2026
Years of Growth: 0
Frequency: quarterly
Beta: 1.21
Market Cap: $2.7B
P/E Ratio: —
5-Yr Total Return: -12%
52-Week Range: $16.11 – $21.93
Dividend Safety: B · 71/100
Ever Cut?: Yes (2019)

BANC dividend raises and cuts

Banc of California, Inc. (BANC) has raised its regular dividend 24 times and cut it 3 times across the 95 payments on record since 2003. Its most recent change was a 20.0% increase to $0.120 per share, going ex-dividend on Mar 16, 2026. The last cut went ex-dividend on Jun 14, 2019.

Ex-date	Change	Old → new	Move
Mar 16, 2026	Raise	$0.100 → $0.120	+20.0%
Mar 14, 2023	Raise	$0.0600 → $0.100	+66.7%
Jun 14, 2019	Cut	$0.130 → $0.0600	−53.8%
Dec 13, 2016	Raise	$0.120 → $0.130	+8.3%
Dec 14, 2011	Raise	$0.115 → $0.120	+4.3%
Sep 7, 2011	Raise	$0.110 → $0.115	+4.5%
Jun 8, 2011	Raise	$0.105 → $0.110	+4.8%
Mar 9, 2011	Raise	$0.100 → $0.105	+5.0%
Dec 8, 2010	Raise	$0.0500 → $0.100	+100.0%
Jun 10, 2009	Cut	$0.100 → $0.0500	−50.0%
Mar 11, 2009	Cut	$0.185 → $0.100	−45.9%
Jun 13, 2007	Raise	$0.180 → $0.185	+2.8%

Show all 27 changes since 2003

Ex-date	Change	Old → new	Move
Mar 13, 2007	Raise	$0.170 → $0.180	+5.9%
Dec 13, 2006	Raise	$0.160 → $0.170	+6.3%
Sep 6, 2006	Raise	$0.155 → $0.160	+3.2%
Jun 7, 2006	Raise	$0.145 → $0.155	+6.9%
Mar 14, 2006	Raise	$0.140 → $0.145	+3.6%
Dec 1, 2005	Raise	$0.135 → $0.140	+3.7%
Sep 7, 2005	Raise	$0.130 → $0.135	+3.8%
Jun 8, 2005	Raise	$0.125 → $0.130	+4.0%
Mar 9, 2005	Raise	$0.120 → $0.125	+4.2%
Dec 1, 2004	Raise	$0.110 → $0.120	+9.1%
Sep 8, 2004	Raise	$0.0900 → $0.110	+22.2%
Mar 10, 2004	Raise	$0.0800 → $0.0900	+12.5%
Dec 3, 2003	Raise	$0.0700 → $0.0800	+14.3%
Sep 10, 2003	Raise	$0.0600 → $0.0700	+16.7%
Jun 4, 2003	Raise	$0.0500 → $0.0600	+20.0%

Every BANC payment →Download every raise and cut (CSV)

BANC ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →BANC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is BANC a good dividend stock?

Yes, with caveats. Banc of California, Inc. (BANC) pays a quarterly dividend yielding 2.79% ($0.48/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is BANC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BANC's fair value is about $9.45 versus a $17.18 share price — so it looks overvalued (-45% vs. fair value).

Is BANC's dividend safe?

BANC has a dividend-safety grade of B (71/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2019, debt and yield-versus-history.

What is BANC's fair value?

Our blended fair-value estimate for BANC is about $9.45 per share, about 45% below the current $17.18 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is BANC a buy, hold, or sell?

We don't issue formal ratings, but on the data BANC screens as "yes, with caveats" and overvalued. Banc of California, Inc. (BANC) pays a quarterly dividend yielding 2.79% ($0.48/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will BANC cut its dividend?

BANC earns a dividend-safety grade of B (71/100), and has cut its dividend before (last in 2019). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does BANC pay a dividend?

Yes. Banc of California, Inc. pays a quarterly dividend of about $0.48 per share annually, a forward yield of roughly 2.79%.

What is BANC's dividend yield?

As of Oct 18, 2026, BANC's forward dividend yield is 2.79%, based on a $0.48 annual dividend and a $17.18 share price.

What is BANC's dividend per share?

As of Oct 18, 2026, BANC pays $0.48 per share per year, distributed on a quarterly basis.

What is BANC's dividend payout ratio?

As of Oct 18, 2026, BANC's payout ratio is 32% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has BANC grown its dividend?

BANC does not currently have a long dividend-growth streak on record.

When is the next BANC ex-dividend date?

As of Oct 18, 2026, BANC's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.12 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full BANC dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 15, 2026	Oct 1, 2026	$0.1200	regular
Jun 15, 2026	Jul 1, 2026	$0.1200	regular
Mar 16, 2026	Apr 1, 2026	$0.1200	regular
Dec 15, 2025	Jan 2, 2026	$0.1000	regular
Sep 15, 2025	Oct 1, 2025	$0.1000	regular
Jun 16, 2025	Jul 1, 2025	$0.1000	regular
Mar 14, 2025	Apr 1, 2025	$0.1000	regular
Dec 16, 2024	Jan 2, 2025	$0.1000	regular
Sep 16, 2024	Oct 1, 2024	$0.1000	regular
Jun 14, 2024	Jul 1, 2024	$0.1000	regular
Mar 14, 2024	Apr 1, 2024	$0.1000	regular
Dec 14, 2023	Jan 2, 2024	$0.1000	regular
Sep 14, 2023	Oct 2, 2023	$0.1000	regular
Jun 14, 2023	Jul 3, 2023	$0.1000	regular