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Banc of California, Inc. (BANC)

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15.34 +0.55 (+3.68%)
As of 1:18 PM EDT. Market Open.
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DELL
  • Previous Close 14.79
  • Open 14.83
  • Bid 15.30 x 1000
  • Ask 15.30 x 1000
  • Day's Range 14.79 - 15.35
  • 52 Week Range 9.96 - 15.54
  • Volume 999,501
  • Avg. Volume 2,178,265
  • Market Cap (intraday) 2.59B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) --
  • EPS (TTM) -4.25
  • Earnings Date Oct 22, 2024
  • Forward Dividend & Yield 0.40 (2.70%)
  • Ex-Dividend Date Sep 16, 2024
  • 1y Target Est 16.23

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. In addition, the company offers international banking, multi-state deposit, and asset and investment management services, as well as cash and treasury management services; and online, mobile, remote deposit, and telephone banking services. It serves small and middle-market businesses, venture capital firms, non-profit organizations, business owners, entrepreneurs, professionals, and high-net worth individuals. Banc of California, Inc. was founded in 1941 and is headquartered in Los Angeles, California.

bancofcal.com

2,065

Full Time Employees

December 31

Fiscal Year Ends

Recent News: BANC

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Performance Overview: BANC

Trailing total returns as of 10/15/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

BANC
16.66%
S&P 500
22.24%

1-Year Return

BANC
27.01%
S&P 500
34.72%

3-Year Return

BANC
16.14%
S&P 500
31.37%

5-Year Return

BANC
19.61%
S&P 500
96.56%

Compare To: BANC

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Statistics: BANC

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Valuation Measures

Annual
As of 10/14/2024
  • Market Cap

    2.50B

  • Enterprise Value

    --

  • Trailing P/E

    --

  • Forward P/E

    11.56

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    4.50

  • Price/Book (mrq)

    0.86

  • Enterprise Value/Revenue

    12.51

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -117.32%

  • Return on Assets (ttm)

    -1.21%

  • Return on Equity (ttm)

    -14.98%

  • Revenue (ttm)

    379.38M

  • Net Income Avi to Common (ttm)

    -484.9M

  • Diluted EPS (ttm)

    -4.25

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.7B

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    --

Research Analysis: BANC

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 248.28M
Earnings 30.33M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

15.00
16.23 Average
15.34 Current
18.00 High
 

Company Insights: BANC

Research Reports: BANC

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  • What does Argus have to say about BANC?

    BANC OF CALIFORNIA INC has an Investment Rating of HOLD; a target price of $15.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Lowering target price to $15.00

    BANC OF CALIFORNIA INC has an Investment Rating of HOLD; a target price of $15.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Raising target price to $16.00

    BANC OF CALIFORNIA INC has an Investment Rating of HOLD; a target price of $16.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • What does Argus have to say about BANC?

    BANC OF CALIFORNIA INC has an Investment Rating of HOLD; a target price of $15.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     

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