Banc of California, Inc. (BANC)

NYSE: BANC · IEX Real-Time Price · USD
19.15
0.31 (1.65%)
May 27, 2022 4:00 PM EDT - Market closed

Total Valuation

BANC has a market cap or net worth of $1.17 billion. The enterprise value is $1.97 billion.

Market Cap1.17B
Enterprise Value1.97B

Important Dates

The latest earnings date was Thursday, April 21, 2022, before market open.

Last Earnings DateApr 21, 2022
Ex-Dividend DateJun 14, 2022

Share Statistics

BANC has 60.91 million shares outstanding. The number of shares has increased by 23.82% in one year.

Shares Outstanding60.91M
Shares Change (YoY)+23.82%
Shares Change (QoQ)+0.02%
Owned by Insiders (%)1.49%
Owned by Institutions (%)97.38%
Float53.28M

Valuation Ratios

The trailing PE ratio is 12.53 and the forward PE ratio is 10.72. BANC's PEG ratio is 2.15.

PE Ratio12.53
Forward PE10.72
PS Ratio3.69
PB Ratio1.19
P/FCF Ratio12.83
PEG Ratio2.15
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.80, with a EV/FCF ratio of 21.70.

EV / Earnings22.90
EV / Sales6.23
EV / EBITDA12.80
EV / EBIT14.80
EV / FCF21.70

Financial Position

The company has a current ratio of n/a, with a Debt / Equity ratio of 1.08.

Current Ration/a
Quick Ration/a
Debt / Equity1.08
Debt / EBITDA6.88
Debt / FCF11.66

Financial Efficiency

Return on equity (ROE) is 9.30%, which is not very high. The company has a high ROIC of 1.40%.

Return on Equity (ROE)9.30%
Return on Assets (ROA)1.00%
Return on Capital (ROIC)1.40%
Revenue Per Employee$472,154
Profits Per Employee$128,560
Employee Count670
Asset Turnover0.04
Inventory Turnovern/a

Taxes

In the past 12 months, BANC has paid $36.77 million in taxes.

Income Tax36.77M
Effective Tax Rate29.92%

Stock Price Statistics

The stock price has increased by +9.18% in the last 52 weeks. The beta is 1.46, so BANC's price volatility has been higher than the market average.

Beta (1Y)1.46
52-Week Price Change+9.18%
50-Day Moving Average18.29
200-Day Moving Average19.53
Average Volume (30 Days)313,403

Short Selling Information

The latest short interest is 1.45 million, so 2.38% of the outstanding shares have been sold short.

Short Interest1.45M
Short % of Shares Out2.38%
Short % of Float2.72%
Short Ratio (days to cover)4.28

Income Statement

In the last 12 months, BANC had revenue of $316.34 million and earned 86.14 million in profits. Earnings per share was $1.53.

Revenue316.34M
Gross Profit316.34M
Operating Income129.57M
Pretax Income133.25M
Net Income96.48M
Net Income Common86.14M
EBITDA154.06M
EBIT133.25M
Earnings Per Share (EPS)$1.53
Full Income Statement

Balance Sheet

The company has $254.24 million in cash and $1.06 billion in debt, giving a net cash position of -$805.86 million or -$13.23 per share.

Cash & Cash Equivalents254.24M
Total Debt1.06B
Net Cash-805.86M
Net Cash Per Share-$13.23
Book Value979.01M
Book Value Per Share16.07
Working Capitaln/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $87.07 million and capital expenditures $3.82 million, giving a free cash flow of $90.89 million.

Operating Cash Flow87.07M
Capital Expenditures3.82M
Free Cash Flow90.89M
FCF Per Share$1.49
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 40.96% and 27.23%.

Gross Margin100.00%
Operating Margin40.96%
Pretax Margin42.12%
Profit Margin27.23%
EBITDA Margin48.70%
EBIT Margin42.12%
FCF Margin28.73%

Dividends & Yields

This stock pays an annual dividend of $0.24, which amounts to a dividend yield of 1.25%.

Dividend Per Share$0.24
Dividend Yield1.25%
Earnings Yield7.38%
FCF Yield7.79%
Dividend Growth (YoY)0.00%
Payout Ratio15.80%
Buyback Yieldn/a
Shareholder Yield1.25%
Dividend Details

Analyst Forecast

The average price target for BANC is $25.33, which is 32.27% higher than the current price. The consensus rating is "Buy".

Price Target$25.33
Price Target Difference32.27%
Analyst ConsensusBuy
Analyst Count13
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Daten/a
Split Typen/a
Split Ration/a