Jared Wolff - Banc Of President, Chief Executive Officer, Director

BANC Stock  USD 17.77  0.82  4.84%   

CEO

Mr. Jared M. Wolff was appointed as President, Chief Executive Officer, Director of the company, Effective March 18, 2019 since 2019.
Age 54
Tenure 5 years
Address 11611 San Vicente Boulevard, Los Angeles, CA, United States, 90049
Phone855 361 2262
Webhttps://bancofcal.com
Wolff has deep experience in banking and finance. From 2002 through 2014, he served in multiple roles at PacWest Bancorp and its subsidiary bank, Pacific Western Bank, including as President and a director of Pacific Western Bank. He joins Banc of California from City National Bank, where he serves as Executive Vice President and General Counsel, managing City National Legal and Corporationrationrationrate Administrative Group.

Jared Wolff Latest Insider Activity

Tracking and analyzing the buying and selling activities of Jared Wolff against Banc Of stock is an integral part of due diligence when investing in Banc Of. Jared Wolff insider activity provides valuable insight into whether Banc Of is net buyers or sellers over its current business cycle. Note, Banc Of insiders must abide by specific rules, including filing SEC forms every time they buy or sell Banc Of'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Banc Of Management Efficiency

The company has return on total asset (ROA) of (0.0118) % which means that it has lost $0.0118 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1401) %, meaning that it created substantial loss on money invested by shareholders. Banc Of's management efficiency ratios could be used to measure how well Banc Of manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.05. The current year's Return On Capital Employed is expected to grow to -0.0062. At present, Banc Of's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 34.8 B, whereas Other Assets are projected to grow to (5.3 B).
Banc of California, currently holds 3.85 B in liabilities with Debt to Equity (D/E) ratio of 11.62, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Banc Of's use of debt, we should always consider it together with its cash and equity.

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Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. Banc of California, Inc. was founded in 1941 and is headquartered in Santa Ana, California. Banc Of operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 673 people. Banc of California, (BANC) is traded on New York Stock Exchange in USA. It is located in 11611 San Vicente Boulevard, Los Angeles, CA, United States, 90049 and employs 1,960 people. Banc Of is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Banc of California, Leadership Team

Elected by the shareholders, the Banc Of's board of directors comprises two types of representatives: Banc Of inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Banc. The board's role is to monitor Banc Of's management team and ensure that shareholders' interests are well served. Banc Of's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Banc Of's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael David, Executive BankingWest
Mary Curran, Independent Director
Ido JD, General VP
John Sotoodeh, Chief Officer
Lynn Sullivan, Executive Vice President Chief Risk Officer
Andrew Thau, Independent Director
Bryan Corsini, Chief VP
Vania Schlogel, Independent Director
W Wycoff, Independent Director
Joubin Rahimi, VP Banking
Sean Lynden, President Group
Ido Dotan, Executive Vice President General Counsel, Corporate Secretary
Wycoff Kirk, Independent Director
Shannon Eusey, Independent Director
Joseph Kauder, Executive CFO
Richard Lashley, Independent Director
Diana Hanson, Senior Vice President Chief Accounting Officer
Michael Smith, Chief Accounting Officer
Jared JD, President Chairman
Jeffrey Krumpoch, Interim Officer
Robert Sznewajs, Independent Chairman of the Board
Raymond Rindone, Deputy VP
James Barker, Independent Director
Lynn Hopkins, Chief Financial Officer, Executive Vice President
Douglas Rosenthal, VP Mang
Robert Dyck, Executive Vice President Chief Credit Officer
Monica Sparks, Executive Officer
Alex Kweskin, Chief Human Resource Officer, Executive Vice President of Company and the Bank
Jared Wolff, President, Chief Executive Officer, Director
Jonah Schnel, Independent Director
Denis Kalscheur, Independent Director
Olivia Lindsay, Executive Officer
Hamid Hussain, President California
Barbara FallonWalsh, Independent Director
Bonnie Hill, Independent Director

Banc Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Banc Of a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Banc of California, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banc Of's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Banc Of California, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banc Of California, Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banc of California,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banc Of. If investors know Banc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banc Of listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.85
Dividend Share
0.04
Earnings Share
(3.86)
Revenue Per Share
2.689
Quarterly Revenue Growth
0.19
The market value of Banc of California, is measured differently than its book value, which is the value of Banc that is recorded on the company's balance sheet. Investors also form their own opinion of Banc Of's value that differs from its market value or its book value, called intrinsic value, which is Banc Of's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banc Of's market value can be influenced by many factors that don't directly affect Banc Of's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banc Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banc Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banc Of's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.