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.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
Banc of California, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$12.31 |
| 52 Week High | US$18.26 |
| 52 Week Low | US$9.72 |
| Beta | 1.28 |
| 1 Month Change | -0.24% |
| 3 Month Change | 6.12% |
| 1 Year Change | -28.18% |
| 3 Year Change | 34.98% |
| 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 26Banc of California (NYSE:BANC) Ticks All The Boxes When It Comes To Earnings Growth
Jul 20
Banc of California: Reducing The Earnings Estimate Due To The Top Line
Jun 25We Ran A Stock Scan For Earnings Growth And Banc of California (NYSE:BANC) Passed With Ease
Mar 24Banc of California (NYSE:BANC) Is Increasing Its Dividend To $0.10
Feb 16Banc of California Q4 2022 Earnings Preview
Jan 18Banc of California announces promotions, retirement
Dec 19Banc of California (NYSE:BANC) Is Paying Out A Dividend Of $0.06
Dec 08Banc of California (NYSE:BANC) Is Due To Pay A Dividend Of $0.06
Nov 16Banc of California Non-GAAP EPS of $0.44 misses by $0.04, revenue of $85.09M misses by $3.37M
Oct 20With EPS Growth And More, Banc of California (NYSE:BANC) Makes An Interesting Case
Oct 17Banc of California: High Topline Growth Appears Priced In
Oct 06Banc of California acquires Deepstack Technologies for $24M in cash and stock deal
Sep 16Banc of California declares $0.06 dividend
Aug 05Analyst Estimates: Here's What Brokers Think Of Banc of California, Inc. (NYSE:BANC) After Its Second-Quarter Report
Jul 23Banc of California Q2 2022 Earnings Preview
Jul 20Here's Why Banc of California (NYSE:BANC) Has Caught The Eye Of Investors
Jul 14Banc Of California: Redeeming Preferred Shares Will Boost Net Income
Jun 23Banc of California (NYSE:BANC) Is Due To Pay A Dividend Of US$0.06
May 16Banc Of California: Conservatism Optimistic
Feb 09Banc Of California: Solid Results But Pricey At 13X Earnings And 1.5 Times TBV
Nov 16Shareholder Returns
| BANC | US Banks | US 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
| BANC volatility | |
|---|---|
| BANC Average Weekly Movement | 5.3% |
| Banks Industry Average Movement | 4.1% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in US Market | 14.3% |
| 10% least volatile stocks in US Market | 2.5% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1941 | 685 | Jared Wolff | https://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
| BANC fundamental statistics | |
|---|---|
| Market Cap | US$707.01m |
| Earnings (TTM) | US$83.87m |
| Revenue (TTM) | US$313.85m |
8.4x
P/E Ratio0.7x
P/B RatioIs BANC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BANC income statement (TTM) | |
|---|---|
| Revenue | US$313.85m |
| Cost of Revenue | US$0 |
| Gross Profit | US$313.85m |
| Other Expenses | US$229.98m |
| Earnings | US$83.87m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.46 |
| Gross Margin | 100.00% |
| Net Profit Margin | 26.72% |
| Debt/Equity Ratio | 148.9% |
How did BANC perform over the long term?
See historical performance and comparison