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Banc of California, Inc. (BANC)

Stock Price: $13.96 USD -0.15 (-1.06%)
Updated December 3, 11:10 AM EST - Market open

Stock Price Chart

Key Info

Market Cap 694.69M
Revenue (ttm) 210.41M
Net Income (ttm) -9.13M
Shares Out 50.23M
EPS (ttm) -0.17
PE Ratio n/a
Forward PE 18.21
Dividend $0.24
Dividend Yield 1.72%

Stock Quote

Trading Day December 3
Last Price $13.96
Previous Close $14.11
Change ($) -0.15
Change (%) -1.06%
Day's Open 14.12
Day's Range 13.77 - 14.16
Day's Volume 12,156
52-Week Range 6.48 - 17.31

More Stats

Market Cap 694.69M
Enterprise Value 1.16B
Earnings Date (est) n/a
Ex-Dividend Date Sep 14, 2020
Shares Outstanding 50.23M
Float n/a
EPS (basic) -0.18
EPS (diluted) -0.17
FCF / Share 1.03
Dividend $0.24
Dividend Yield 1.72%
Earnings Yield n/a
FCF Yield 7.43%
Payout Ratio n/a
Shares Short 859,858
Short Ratio 4.00
Short % of Float n/a
Beta 1.91
PE Ratio n/a
Forward PE 18.21
P/FCF Ratio 13.47
PS Ratio 3.30
PB Ratio 1.02
Revenue 210.41M
Operating Income 4.19M
Net Income -9.13M
Free Cash Flow 51.59M
Net Cash -460.55M
Net Cash / Share -9.25
Gross Margin 106.57%
Operating Margin 1.99%
Profit Margin -4.30%
FCF Margin 24.52%
ROA 0.06%
ROE 0.58%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (7)

Buy 3
Overweight 0
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$14.17*
(1.50% upside)
Low
12.0
Current: $13.96
High
16.0
Target: 14.17
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue22428033540427929018677.6728.6726.08
Revenue Growth-19.97%-16.52%-16.98%44.46%-3.61%55.87%139.48%170.96%9.92%-
Gross Profit22428033540427929018677.6728.6726.08
Operating Income29.6752.0457.6813269.1726.477.916.48-2.714.19
Net Income23.7645.4757.7111562.0730.21-0.086.00-2.732.83
Shares Outstanding50.8850.6550.5449.7337.8128.6418.6111.7811.724.24
Earnings Per Share0.050.450.711.941.340.90-0.150.40-0.310.37
EPS Growth-88.89%-36.62%-63.4%44.78%48.89%-----
Dividend Per Share0.310.520.520.490.480.480.480.480.460.25
Dividend Growth-40.38%0%6.12%2.08%0%0%0%4.35%84%-
Operating Cash Flow80.2612356318.11-42.99-628-435-32.9713.6423.28
Capital Expenditures-10.4825.25-11.16-44.65-26.767.22-54.97-4.83-4.89-2.44
Free Cash Flow69.78148552-26.54-69.75-620-490-37.798.7520.84
Cash & Equivalents37339238844015623111010944.4859.10
Total Debt1,3921,6931,8687331,19272733215720.0075.00
Net Cash / Debt-1,019-1,302-1,480-294-1,036-495-222-48.2924.48-15.90
Assets7,82810,63010,32811,0308,2365,9713,6281,683999862
Liabilities6,9219,6859,31610,0507,5835,4683,3031,494815726
Book Value9079461,012980652503325189184136
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Banc of California, Inc.
Country United States
Employees 600
CEO Jared Wolff

Stock Information

Ticker Symbol BANC
Stock Exchange NYSE
Sector Financial Services
Industry Banks-Regional
Unique Identifier NYSE: BANC

Description

Banc of California operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. The company offers deposit products, including checking, savings, money market, retirement, and interest-bearing and noninterest-bearing demand accounts, as well as certificate of deposits. It also provides various commercial and consumer loan products, such as commercial and industrial loans; commercial real estate and multifamily loans; construction loans; single family residential mortgage loans; warehouse and indirect/direct leveraged lending; home equity lines of credit; small business administration loans; and other consumer loans. In addition, the company offers automated bill payment, cash and treasury management, foreign exchange, card payment, remote and mobile deposit capture, automated clearing house origination, wire transfer, direct deposit, and internet banking services; and master demand accounts, interest rate swaps, and safe deposit boxes. Further, it invests in collateralized loan obligations, agency securities, municipal bonds, agency residential mortgage-backed securities, and corporate debt securities. As of October 27, 2020, the company operated 31 full-service branches in Southern California. The company was formerly known as First PacTrust Bancorp, Inc. and changed its name to Banc of California, Inc. in July 2013. Banc of California, Inc. was founded in 1941 and is headquartered in Santa Ana, California.