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Banc of California NYSE:BANC Stock Report

Last Price

US$13.90

Market Cap

US$2.3b

7D

-1.3%

1Y

n/a

Updated

11 Sep, 2024

Data

Company Financials +

Banc of California, Inc.

NYSE:BANC Stock Report

Market Cap: US$2.3b

BANC Stock Overview

Operates as the bank holding company for Banc of California that provides various banking products and services in California.

BANC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health6/6
Dividends1/6

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$13.90
52 Week HighUS$15.54
52 Week LowUS$11.56
Beta0
11 Month Change6.60%
3 Month Change6.11%
1 Year Changen/a
33 Year Changen/a
5 Year Changen/a
Change since IPO11.83%

Recent News & Updates

Banc of California: Opportunity Amidst The Noise

Jul 09

Banc of California: 0.75x Book Value, Soaring NII, 3.1% Dividend (Rating Upgrade)

Jun 21

Recent updates

Banc of California: Opportunity Amidst The Noise

Jul 09

Banc of California: 0.75x Book Value, Soaring NII, 3.1% Dividend (Rating Upgrade)

Jun 21

Banc of California: Priced Below Tangible Book Value Unfairly

Jun 11

Banc of California: A Regional Bank Gem Selling At 0.8X BV

Mar 28

Banc of California: Consider The Post-Merger Preferred Stock For Income

Feb 07

Banc of California: A Top Dividend Growth Stock For 2024

Dec 14

Banc of California: United We Will Likely Get More Dividends

Dec 06

Shareholder Returns

BANCUS BanksUS Market
7D-1.3%-5.1%-0.8%
1Yn/a33.9%20.5%

Return vs Industry: Insufficient data to determine how BANC performed against the US Banks industry.

Return vs Market: Insufficient data to determine how BANC performed against the US Market.

Price Volatility

Is BANC's price volatile compared to industry and market?
BANC volatility
BANC Average Weekly Movement6.1%
Banks Industry Average Movement4.7%
Market Average Movement6.3%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market3.1%

Stable Share Price: BANC has not had significant price volatility in the past 3 months.

Volatility Over Time: BANC's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19412,304Jared Wolffbancofcal.com

Banc of California, Inc. operates as the bank holding company for Banc of California that provides various banking products and services in California. The company offers deposit products, such as checking, savings, money market, demand, and time deposits; certificates of deposit; retirement accounts; and safe deposit boxes. It also provides real estate loans to professional developers and real estate investors for the acquisition, construction, refinancing, renovation, and on-going operation of commercial real estate properties; commercial real estate mortgage, residential real estate mortgage, and real estate construction and land loans; commercial loans and leases, such as equipment finance, other asset-based, venture capital, secured business, warehouse, and other lending services; small business administration loans; and consumer loans comprising personal, auto, and other loans, as well as home equity and revolving lines of credit.

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$2.34b
Earnings (TTM)-US$484.90m
Revenue (TTM)US$379.38m

0.8x

P/B Ratio

6.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BANC income statement (TTM)
RevenueUS$379.38m
Cost of RevenueUS$0
Gross ProfitUS$379.38m
Other ExpensesUS$864.29m
Earnings-US$484.90m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.87
Gross Margin100.00%
Net Profit Margin-127.81%
Debt/Equity Ratio70.1%

How did BANC perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

-0.044%

Payout Ratio

Does BANC pay a reliable dividends?

See BANC dividend history and benchmarks
When do you need to buy BANC by to receive an upcoming dividend?
Banc of California dividend dates
Ex Dividend DateSep 16 2024
Dividend Pay DateOct 01 2024
Days until Ex dividend4 days
Days until Dividend pay date19 days

Does BANC pay a reliable dividends?

See BANC dividend history and benchmarks