Banc Income Tax Expense vs Tax Provision Analysis

BANC Stock  USD 17.30  0.15  0.86%   
Banc Of financial indicator trend analysis is way more than just evaluating Banc of California, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banc of California, is a good investment. Please check the relationship between Banc Of Income Tax Expense and its Tax Provision accounts. 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.

Income Tax Expense vs Tax Provision

Income Tax Expense vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Banc of California, Income Tax Expense account and Tax Provision. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Banc Of's Income Tax Expense and Tax Provision is 0.93. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Banc of California,, assuming nothing else is changed. The correlation between historical values of Banc Of's Income Tax Expense and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Banc of California, are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Income Tax Expense i.e., Banc Of's Income Tax Expense and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Tax Expense

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Banc Of's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banc of California, current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.
At present, Banc Of's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit272.7M331.7M278.4M176.2M
Total Revenue272.7M331.7M278.4M178.7M

Banc Of fundamental ratios Correlations

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-0.69-0.53-0.68-0.380.90.48-0.820.81-0.53-0.530.510.46-0.71-0.66-0.71-0.44-0.01-0.72-0.83-0.860.36-0.740.750.58-0.18
-0.85-0.77-0.82-0.30.90.52-0.940.88-0.54-0.710.380.31-0.86-0.71-0.85-0.65-0.19-0.87-0.94-0.950.23-0.870.610.34-0.32
-0.56-0.55-0.53-0.370.480.52-0.590.47-0.46-0.460.020.17-0.66-0.71-0.55-0.42-0.19-0.54-0.59-0.590.11-0.59-0.040.13-0.3
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0.970.940.950.35-0.71-0.86-0.660.96-0.70.730.920.050.090.890.990.840.560.950.950.92-0.050.96-0.26-0.170.66
0.90.850.910.28-0.66-0.71-0.710.88-0.460.930.80.18-0.010.890.90.610.60.890.890.87-0.290.92-0.28-0.230.75
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0.80.80.770.41-0.44-0.65-0.420.74-0.660.460.860.180.390.840.610.830.60.770.70.640.460.760.02-0.050.59
0.660.70.690.11-0.01-0.19-0.190.470.10.660.750.790.650.560.60.610.60.640.460.380.120.620.310.250.97
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0.970.910.960.25-0.83-0.94-0.591.0-0.720.750.86-0.1-0.110.950.890.950.70.460.970.99-0.290.98-0.49-0.220.59
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-0.15-0.1-0.190.340.360.230.11-0.23-0.09-0.330.010.230.47-0.05-0.29-0.090.460.12-0.19-0.29-0.35-0.220.570.05-0.06
0.990.950.990.26-0.74-0.87-0.590.98-0.620.810.920.090.040.960.920.970.760.621.00.980.96-0.22-0.35-0.150.74
-0.3-0.17-0.30.070.750.61-0.04-0.460.55-0.3-0.140.690.6-0.26-0.28-0.330.020.31-0.35-0.49-0.550.57-0.350.50.14
-0.110.1-0.08-0.490.580.340.13-0.210.38-0.290.10.460.61-0.17-0.23-0.2-0.050.25-0.12-0.22-0.250.05-0.150.50.16
0.760.780.80.12-0.18-0.32-0.30.60.010.80.80.710.520.660.750.710.590.970.740.590.53-0.060.740.140.16
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Banc Of Account Relationship Matchups

Banc Of fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8B7.9B9.4B9.2B38.5B40.5B
Short Long Term Debt Total1.4B816.8M816.1M1.0B3.8B4.0B
Total Stockholder Equity907.2M897.2M1.1B959.6M3.4B3.6B
Other Liab10.3M5.5M4.3M34.2M39.3M41.3M
Net Debt1.0B595.9M588.0M773.4M(1.5B)(1.5B)
Retained Earnings127.7M110.2M147.9M249.0M(518.3M)(492.4M)
Accounts Payable95.7M72.1M7.4B(5.8B)(5.2B)(5.0B)
Cash373.5M220.8M228.1M228.9M5.4B5.6B
Other Assets5.4B5.0B6.3B6.7B(4.9B)(4.6B)
Long Term Debt173.4M256.3M775.4M1.0B1.1B1.1B
Cash And Short Term Investments1.3B1.5B1.5B1.1B5.4B5.6B
Common Stock Shares Outstanding119.0M116.9M117.3M143.0M85.4M64.0M
Short Term Investments912.6M1.2B1.3B868.3M734.6M632.5M
Liabilities And Stockholders Equity7.8B7.9B9.4B9.2B38.5B40.5B
Non Current Liabilities Total1.4B816.8M816.1M8.2B35.1B36.9B
Other Stockholder Equity601.1M593.9M814.0M2.8B3.8B4.0B
Total Liab1.4B816.8M8.3B8.2B35.1B36.9B
Total Current Assets1.3B1.5B1.6B1.1B11.0B11.5B
Property Plant Equipment128.0M121.5M148.3M136.1M156.5M164.4M
Property Plant And Equipment Net150.6M141.2M148.3M107.3M624.2M655.5M
Non Current Assets Total1.1B1.4B1.6B1.4B32.4B34.0B
Non Currrent Assets Other(44.9M)(46.0M)(50.8M)(50.5M)26.3B27.6B
Net Receivables4.2M1.1M8.0M247.0M172.8M164.2M
Property Plant And Equipment Gross150.6M141.2M148.3M177.6M719.0M754.9M
Accumulated Other Comprehensive Income(11.9M)7.7M7.7M(40.6M)(432.1M)(410.5M)
Other Current Liab4.4B5.1B(25M)5.8B(39.8M)(37.8M)
Total Current Liabilities5.1B5.2B25M50.5M(39.8M)(37.8M)
Common Stock Total Equity523K525K527K651K748.7K786.1K
Short Term Debt645.7M140.6M25M28.7M39.8M37.8M
Common Stock525K527K651K656K1.7M1.8M
Inventory(409.6M)(251.4M)(267.1M)(7.3B)29.6M28.2M
Preferred Stock Total Equity231.1M189.8M184.9M95.0M109.2M143.1M
Other Current Assets409.6M251.4M267.1M282.6M5.6B5.9B
Net Tangible Assets676.1M672.6M869.6M837.8M963.4M582.2M
Retained Earnings Total Equity141.0M127.7M110.2M147.9M170.1M97.1M
Capital Surpluse625.8M629.8M634.7M854.9M983.1M539.5M
Intangible Assets6.5M4.1M7.7M7.5M165.5M173.8M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.