Banc of California, Inc. (BANC)

NYSE: BANC · IEX Real-Time Price · USD
15.17
+0.70 (4.84%)
At close: Mar 27, 2024, 4:00 PM
14.94
-0.23 (-1.52%)
After-hours: Mar 27, 2024, 7:04 PM EDT

Total Valuation

BANC has a market cap or net worth of $2.28 billion. The enterprise value is $746.07 million.

Market Cap 2.28B
Enterprise Value 746.07M

Important Dates

The next estimated earnings date is Thursday, April 18, 2024, before market open.

Earnings Date Apr 18, 2024
Ex-Dividend Date Mar 14, 2024

Share Statistics

BANC has 168.10 million shares outstanding. The number of shares has decreased by -4.51% in one year.

Shares Outstanding 168.10M
Shares Change (YoY) -4.51%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 1.17%
Owned by Institutions (%) 88.55%
Float 140.02M

Valuation Ratios

PE Ratio n/a
Forward PE 9.82
PS Ratio 9.22
Forward PS 2.01
PB Ratio 0.67
P/FCF Ratio 14.66
PEG Ratio 2.15
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 3.02
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 4.80

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 1.13
Debt / EBITDA n/a
Debt / FCF 24.78
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -122.90% and return on invested capital (ROIC) is -30.55%.

Return on Equity (ROE) -122.90%
Return on Assets (ROA) -11.50%
Return on Capital (ROIC) -30.55%
Revenue Per Employee $107,137
Profits Per Employee -$841,547
Employee Count 2,304
Asset Turnover 0.02
Inventory Turnover n/a

Taxes

Income Tax -312.20M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +19.54% in the last 52 weeks. The beta is 1.43, so BANC's price volatility has been higher than the market average.

Beta (1Y) 1.43
52-Week Price Change +19.54%
50-Day Moving Average 14.09
200-Day Moving Average 12.91
Relative Strength Index (RSI) 59.79
Average Volume (30 Days) 2,496,516

Short Selling Information

The latest short interest is 10.53 million, so 6.27% of the outstanding shares have been sold short.

Short Interest 10.53M
Short Previous Month 8.96M
Short % of Shares Out 6.27%
Short % of Float 7.52%
Short Ratio (days to cover) 4.12

Income Statement

In the last 12 months, BANC had revenue of $246.84 million and -$1.94 billion in losses. Loss per share was -$22.71.

Revenue 246.84M
Gross Profit 246.84M
Operating Income -2.21B
Pretax Income -2.21B
Net Income -1.94B
EBITDA -2.12B
EBIT -2.21B
Loss Per Share -$22.71
Full Income Statement

Balance Sheet

The company has $5.38 billion in cash and $3.85 billion in debt, giving a net cash position of $1.53 billion or $9.10 per share.

Cash & Cash Equivalents 5.38B
Total Debt 3.85B
Net Cash 1.53B
Net Cash Per Share $9.10
Equity / Book Value 3.39B
Book Value Per Share 20.17
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $135.77 million and capital expenditures $19.51 million, giving a free cash flow of $155.28 million.

Operating Cash Flow 135.77M
Capital Expenditures 19.51M
Free Cash Flow 155.28M
FCF Per Share $2.70
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of -895.85% and -785.49%.

Gross Margin 100.00%
Operating Margin -895.85%
Pretax Margin -895.85%
Profit Margin -785.49%
EBITDA Margin -858.87%
EBIT Margin -895.85%
FCF Margin 62.90%

Dividends & Yields

This stock pays an annual dividend of $0.40, which amounts to a dividend yield of 2.64%.

Dividend Per Share $0.40
Dividend Yield 2.64%
Dividend Growth (YoY) 42.86%
Years of Dividend Growth 1
Payout Ratio n/a
Buyback Yield 4.51%
Shareholder Yield 7.15%
Earnings Yield -85.20%
FCF Yield 6.82%
Dividend Details

Analyst Forecast

The average price target for BANC is $15.92, which is 4.94% higher than the current price. The consensus rating is "Hold".

Price Target $15.92
Price Target Difference 4.94%
Analyst Consensus Hold
Analyst Count 6
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 3