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BANC

Banc of California NYSE:BANC Stock Report

Last Price

US$12.31

Market Cap

US$707.0m

7D

-1.9%

1Y

-28.2%

Updated

20 Sep, 2023

Data

Company Financials +

BANC Stock Overview

Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking and financial products and services in the United States.

BANC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance2/6
Financial Health6/6
Dividends2/6

Banc of California, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Banc of California
Historical stock prices
Current Share PriceUS$12.31
52 Week HighUS$18.26
52 Week LowUS$9.72
Beta1.28
1 Month Change-0.24%
3 Month Change6.12%
1 Year Change-28.18%
3 Year Change34.98%
5 Year Change-34.52%
Change since IPO-13.49%

Recent News & Updates

Recent updates

PacWest And Banc Of California Tie The Knot: And The Winner Is

Jul 26

Banc of California (NYSE:BANC) Ticks All The Boxes When It Comes To Earnings Growth

Jul 20
Banc of California (NYSE:BANC) Ticks All The Boxes When It Comes To Earnings Growth

Banc of California: Reducing The Earnings Estimate Due To The Top Line

Jun 25

We Ran A Stock Scan For Earnings Growth And Banc of California (NYSE:BANC) Passed With Ease

Mar 24
We Ran A Stock Scan For Earnings Growth And Banc of California (NYSE:BANC) Passed With Ease

Banc of California (NYSE:BANC) Is Increasing Its Dividend To $0.10

Feb 16
Banc of California (NYSE:BANC) Is Increasing Its Dividend To $0.10

Banc of California Q4 2022 Earnings Preview

Jan 18

Banc of California announces promotions, retirement

Dec 19

Banc of California (NYSE:BANC) Is Paying Out A Dividend Of $0.06

Dec 08
Banc of California (NYSE:BANC) Is Paying Out A Dividend Of $0.06

Banc of California (NYSE:BANC) Is Due To Pay A Dividend Of $0.06

Nov 16
Banc of California (NYSE:BANC) Is Due To Pay A Dividend Of $0.06

Banc of California Non-GAAP EPS of $0.44 misses by $0.04, revenue of $85.09M misses by $3.37M

Oct 20

With EPS Growth And More, Banc of California (NYSE:BANC) Makes An Interesting Case

Oct 17
With EPS Growth And More, Banc of California (NYSE:BANC) Makes An Interesting Case

Banc of California: High Topline Growth Appears Priced In

Oct 06

Banc of California acquires Deepstack Technologies for $24M in cash and stock deal

Sep 16

Banc of California declares $0.06 dividend

Aug 05

Analyst Estimates: Here's What Brokers Think Of Banc of California, Inc. (NYSE:BANC) After Its Second-Quarter Report

Jul 23
Analyst Estimates: Here's What Brokers Think Of Banc of California, Inc. (NYSE:BANC) After Its Second-Quarter Report

Banc of California Q2 2022 Earnings Preview

Jul 20

Here's Why Banc of California (NYSE:BANC) Has Caught The Eye Of Investors

Jul 14
Here's Why Banc of California (NYSE:BANC) Has Caught The Eye Of Investors

Banc Of California: Redeeming Preferred Shares Will Boost Net Income

Jun 23

Banc of California (NYSE:BANC) Is Due To Pay A Dividend Of US$0.06

May 16
Banc of California (NYSE:BANC) Is Due To Pay A Dividend Of US$0.06

Banc Of California: Conservatism Optimistic

Feb 09

Banc Of California: Solid Results But Pricey At 13X Earnings And 1.5 Times TBV

Nov 16

Shareholder Returns

BANCUS BanksUS Market
7D-1.9%-0.4%-1.5%
1Y-28.2%-7.1%13.8%

Return vs Industry: BANC underperformed the US Banks industry which returned -8.5% over the past year.

Return vs Market: BANC underperformed the US Market which returned 12.9% over the past year.

Price Volatility

Is BANC's price volatile compared to industry and market?
BANC volatility
BANC Average Weekly Movement5.3%
Banks Industry Average Movement4.1%
Market Average Movement5.6%
10% most volatile stocks in US Market14.3%
10% least volatile stocks in US Market2.5%

Stable Share Price: BANC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BANC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1941685Jared Wolffhttps://bancofcal.com

Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking and financial products and services in the United States. The company offers deposit products, including interest-bearing and noninterest-bearing demand, checking, savings, and money market deposits accounts; certificate of deposits; and retirement accounts and safe deposit boxes. It also provides various commercial and consumer loan products, such as commercial and industrial loans; commercial real estate and multifamily loans; construction loans; single family residential mortgage loans; warehouse and indirect/direct leveraged lending; home equity lines of credit; small business administration loans; and consumer loans comprising lines of credit and term loans, as well as and other consumer loans, including automobile loans.

Banc of California, Inc. Fundamentals Summary

How do Banc of California's earnings and revenue compare to its market cap?
BANC fundamental statistics
Market CapUS$707.01m
Earnings (TTM)US$83.87m
Revenue (TTM)US$313.85m

8.4x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BANC income statement (TTM)
RevenueUS$313.85m
Cost of RevenueUS$0
Gross ProfitUS$313.85m
Other ExpensesUS$229.98m
EarningsUS$83.87m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.46
Gross Margin100.00%
Net Profit Margin26.72%
Debt/Equity Ratio148.9%

How did BANC perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

23%

Payout Ratio