(BANC) Banc of California - Overview
Stock: Deposits, Loans, Treasury, Online Banking, Cards
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.57% |
| Yield on Cost 5y | 2.39% |
| Yield CAGR 5y | 13.62% |
| Payout Consistency | 92.4% |
| Payout Ratio | 29.2% |
| Risk 5d forecast | |
|---|---|
| Volatility | 36.9% |
| Relative Tail Risk | -10.6% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.81 |
| Alpha | 12.37 |
| Character TTM | |
|---|---|
| Beta | 1.137 |
| Beta Downside | 1.306 |
| Drawdowns 3y | |
|---|---|
| Max DD | 44.58% |
| CAGR/Max DD | 0.22 |
Description: BANC Banc of California January 13, 2026
Banc of California (NYSE:BANC) is a regional bank holding company that delivers a full suite of banking products-including checking, savings, money-market, time deposits, CDs, retirement accounts, and safe-deposit boxes-alongside a broad loan portfolio covering commercial real-estate financing, residential mortgages, construction and land loans, equipment and asset-based lending, SBA loans, and consumer credit such as auto, personal, and home-equity lines.
The bank serves a diversified client base of small- and middle-market businesses, venture-capital and private-equity firms, non-profits, entrepreneurs, professionals, and high-net-worth individuals through a network of branches in California, Denver, and Durham, as well as through digital channels (online, mobile, remote deposit, and telephone banking).
Key recent metrics (Q4 2023) show a net interest margin of 3.12%, loan growth of 5.4% YoY driven largely by commercial-real-estate originations, and a return on average equity (ROAE) of 9.8%, which tracks above the regional-bank average of ~8.5%. The bank’s exposure to California’s CRE market remains a material risk factor, especially as the state’s office-space vacancy rates have risen above 15% amid the shift to hybrid work models.
Broader sector dynamics include the Fed’s current policy stance-interest rates in the 5.25-5.50% range-supporting net-interest income but also pressuring loan-demand elasticity, while California’s housing affordability challenges continue to drive demand for mortgage and home-equity products.
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Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income: 229.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.58 > 1.0 |
| NWC/Revenue: -1160 % < 20% (prev -1189 %; Δ 28.41% < -1%) |
| CFO/TA 0.01 > 3% & CFO 233.3m > Net Income 229.0m |
| Net Debt (708.6m) to EBITDA (397.2m): 1.78 < 3 |
| Current Ratio: 0.26 > 1.5 & < 3 |
| Outstanding Shares: last quarter (160.1m) vs 12m ago -5.68% < -2% |
| Gross Margin: 58.70% > 18% (prev 0.50%; Δ 5820 % > 0.5%) |
| Asset Turnover: 5.30% > 50% (prev 5.58%; Δ -0.28% > 0%) |
| Interest Coverage Ratio: 0.47 > 6 (EBITDA TTM 397.2m / Interest Expense TTM 699.3m) |
Altman Z'' -3.94
| A: -0.60 (Total Current Assets 7.23b - Total Current Liabilities 28.24b) / Total Assets 34.80b |
| B: -0.01 (Retained Earnings -242.0m / Total Assets 34.80b) |
| C: 0.01 (EBIT TTM 325.6m / Avg Total Assets 34.17b) |
| D: -0.02 (Book Value of Equity -509.8m / Total Liabilities 31.26b) |
| Altman-Z'' Score: -3.94 = D |
What is the price of BANC shares?
Over the past week, the price has changed by +4.35%, over one month by +3.63%, over three months by +22.55% and over the past year by +29.52%.
Is BANC a buy, sell or hold?
- StrongBuy: 4
- Buy: 4
- Hold: 3
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the BANC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 23.5 | 12.7% |
| Analysts Target Price | 23.5 | 12.7% |
| ValueRay Target Price | 23.8 | 14.2% |
BANC Fundamental Data Overview February 01, 2026
P/E Forward = 12.0192
P/S = 3.0452
P/B = 1.0346
P/EG = 2.15
Revenue TTM = 1.81b USD
EBIT TTM = 325.6m USD
EBITDA TTM = 397.2m USD
Long Term Debt = 2.77b USD (from longTermDebt, two quarters ago)
Short Term Debt = 190.0m USD (from shortTermDebt, two quarters ago)
Debt = 3.02b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 708.6m USD (from netDebt column, last quarter)
Enterprise Value = -1.11b USD (3.11b + Debt 3.02b - CCE 7.23b)
Interest Coverage Ratio = 0.47 (Ebit TTM 325.6m / Interest Expense TTM 699.3m)
EV/FCF = -4.90x (Enterprise Value -1.11b / FCF TTM 226.2m)
FCF Yield = -20.41% (FCF TTM 226.2m / Enterprise Value -1.11b)
FCF Margin = 12.49% (FCF TTM 226.2m / Revenue TTM 1.81b)
Net Margin = 12.65% (Net Income TTM 229.0m / Revenue TTM 1.81b)
Gross Margin = 58.70% ((Revenue TTM 1.81b - Cost of Revenue TTM 747.7m) / Revenue TTM)
Gross Margin QoQ = 63.89% (prev 61.53%)
Tobins Q-Ratio = -0.03 (set to none) (Enterprise Value -1.11b / Total Assets 34.80b)
Interest Expense / Debt = 5.49% (Interest Expense 165.6m / Debt 3.02b)
Taxrate = 22.45% (22.4m / 99.8m)
NOPAT = 252.5m (EBIT 325.6m * (1 - 22.45%))
Current Ratio = 0.26 (Total Current Assets 7.23b / Total Current Liabilities 28.24b)
Debt / Equity = 0.85 (Debt 3.02b / totalStockholderEquity, last quarter 3.54b)
Debt / EBITDA = 1.78 (Net Debt 708.6m / EBITDA 397.2m)
Debt / FCF = 3.13 (Net Debt 708.6m / FCF TTM 226.2m)
Total Stockholder Equity = 3.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.67% (Net Income 229.0m / Total Assets 34.80b)
RoE = 6.56% (Net Income TTM 229.0m / Total Stockholder Equity 3.49b)
RoCE = 5.21% (EBIT 325.6m / Capital Employed (Equity 3.49b + L.T.Debt 2.77b))
RoIC = 4.36% (NOPAT 252.5m / Invested Capital 5.79b)
WACC = 7.23% (E(3.11b)/V(6.12b) * Re(10.11%) + D(3.02b)/V(6.12b) * Rd(5.49%) * (1-Tc(0.22)))
Discount Rate = 10.11% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 5.82%
[DCF Debug] Terminal Value 73.90% ; FCFF base≈144.9m ; Y1≈95.1m ; Y5≈43.4m
Fair Price DCF = 1.84 (EV 985.7m - Net Debt 708.6m = Equity 277.2m / Shares 150.8m; r=7.23% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -5.82 | EPS CAGR: -12.40% | SUE: 0.03 | # QB: 0
Revenue Correlation: 68.35 | Revenue CAGR: 54.29% | SUE: 2.29 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.38 | Chg30d=+0.009 | Revisions Net=+2 | Analysts=9
EPS current Year (2026-12-31): EPS=1.70 | Chg30d=-0.018 | Revisions Net=-4 | Growth EPS=+25.8% | Growth Revenue=+8.4%
EPS next Year (2027-12-31): EPS=2.03 | Chg30d=+0.005 | Revisions Net=+0 | Growth EPS=+19.9% | Growth Revenue=+7.8%