Banc Of California, Stock Today

BANC Stock  USD 17.77  0.82  4.84%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 45

 
High
 
Low
Below Average
Banc Of is trading at 17.77 as of the 26th of November 2024, a 4.84% up since the beginning of the trading day. The stock's open price was 16.95. Banc Of has 45 percent odds of going through some form of financial distress in the next two years but had a very ok returns during the last 90 days. Equity ratings for Banc of California, are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Banks
IPO Date
1st of October 2002
Category
Financial Services
Classification
Financials
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. The company has 158.33 M outstanding shares of which 8.87 M shares are currently shorted by private and institutional investors with about 4.02 trading days to cover. More on Banc of California,

Moving together with Banc Stock

  0.84AX Axos FinancialPairCorr
  0.84BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.87PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr
  0.91RF Regions Financial Fiscal Year End 17th of January 2025 PairCorr

Moving against Banc Stock

  0.39WF Woori Financial GroupPairCorr
  0.38TFC-PO Truist FinancialPairCorr
  0.32TFC-PR Truist FinancialPairCorr
  0.32CFG-PE Citizens FinancialPairCorr

Banc Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJared Wolff
Old NameCentral African Gold Inc
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, SP Small-Cap 600, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00690.0072
Notably Down
Slightly volatile
Gross Profit Margin0.770.89
Fairly Down
Pretty Stable
Non Current Liabilities Total36.9 B35.1 B
Sufficiently Up
Slightly volatile
Total Assets40.5 B38.5 B
Sufficiently Up
Slightly volatile
Total Current Assets11.5 B11 B
Sufficiently Up
Slightly volatile
Debt Levels
Banc Of can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Banc Of's financial leverage. It provides some insight into what part of Banc Of's total assets is financed by creditors.
Liquidity
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.

Net Income

(1.8 Billion)
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. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.86 B. Banc of California, conducts business under Banks sector and is part of Financials industry. The entity has 158.33 M outstanding shares of which 8.87 M shares are currently shorted by private and institutional investors with about 4.02 trading days to cover. Banc of California, currently holds about 256.06 M in cash with 127.31 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.26.
Check Banc Of Probability Of Bankruptcy
Ownership Allocation
Banc Of holds a total of 158.33 Million outstanding shares. The majority of Banc of California, outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Banc of California, to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Banc Of. Please pay attention to any change in the institutional holdings of Banc of California, as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Banc Ownership Details

Banc Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
M
William Blair Investment Management, Llc2024-09-30
2.5 M
Neuberger Berman Group Llc2024-06-30
2.3 M
Massachusetts Financial Services Company2024-09-30
2.2 M
Citadel Advisors Llc2024-09-30
2.2 M
Fj Capital Management Llc2024-09-30
2.2 M
Hodges Capital Management Inc2024-06-30
M
Jpmorgan Chase & Co2024-06-30
M
Patriot Financial Partners Gp, Llc2024-06-30
1.9 M
Blackrock Inc2024-06-30
21.9 M
Warburg Pincus Llc2024-06-30
15.6 M
View Banc Of Diagnostics

Banc Of Historical Income Statement

At present, Banc Of's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 523.4 M, whereas Total Revenue is forecasted to decline to about 178.7 M. View More Fundamentals

Banc Stock Against Markets

Banc Of Corporate Directors

Mary CurranIndependent DirectorProfile
Richard LashleyIndependent DirectorProfile
Jonah SchnelIndependent DirectorProfile
Barbara FallonWalshIndependent DirectorProfile
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.