Banc of California Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 58/402 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 20.68.In the medium term, the stock price is expected to trend up.Despite a good stock market performance and strong technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Banc of California Inc's Score
Industry at a Glance
Industry Ranking
58 / 402
Overall Ranking
116 / 4562
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
11
analysts
Buy
Current Rating
20.682
Target Price
+7.94%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Banc of California Inc Highlights
StrengthsRisks
Banc of California, Inc. is a bank holding company for its subsidiary, Banc of California (the Bank), a California state-chartered bank. The Bank offers a broad range of loan and deposit products and services through 80 full-service branches located throughout California and in Denver, Colorado, and Durham, North Carolina, as well as through regional offices nationwide. The Bank also provides full-stack payment processing solutions through its subsidiary, Deepstack Technologies, LLC (Deepstack). The Bank is organized into four business groups, such as Community Banking, Specialty Banking, Deposit Services, and Payment Solutions. Specialty Banking is focused on serving clients in niche verticals by industry, including homeowner associations, venture banking, SBA lending, mortgage warehouse lending, media and entertainment and equipment finance. Deposit Services provide valuable services to clients in the Community and Specialty Banking groups.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 194.20% year-on-year.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 78.41%.
Overvalued
The company’s latest PB is 1.03, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 154.05M shares, increasing 0.06% quarter-over-quarter.
Banc of California, Inc. is a bank holding company for its subsidiary, Banc of California (the Bank), a California state-chartered bank. The Bank offers a broad range of loan and deposit products and services through 80 full-service branches located throughout California and in Denver, Colorado, and Durham, North Carolina, as well as through regional offices nationwide. The Bank also provides full-stack payment processing solutions through its subsidiary, Deepstack Technologies, LLC (Deepstack). The Bank is organized into four business groups, such as Community Banking, Specialty Banking, Deposit Services, and Payment Solutions. Specialty Banking is focused on serving clients in niche verticals by industry, including homeowner associations, venture banking, SBA lending, mortgage warehouse lending, media and entertainment and equipment finance. Deposit Services provide valuable services to clients in the Community and Specialty Banking groups.
Ticker SymbolBANC
CompanyBanc of California Inc
CEOWolff (Jared M)
Websitehttps://bancofcal.com/
FAQs
What is the current price of Banc of California Inc (BANC)?
The current price of Banc of California Inc (BANC) is 19.695.
What is the symbol of Banc of California Inc?
The ticker symbol of Banc of California Inc is BANC.
What is the 52-week high of Banc of California Inc?
The 52-week high of Banc of California Inc is 20.170.
What is the 52-week low of Banc of California Inc?
The 52-week low of Banc of California Inc is 11.520.
What is the market capitalization of Banc of California Inc?
The market capitalization of Banc of California Inc is 3.06B.
What is the net income of Banc of California Inc?
The net income of Banc of California Inc is 87.10M.
Is Banc of California Inc (BANC) currently rated as Buy, Hold, or Sell?
According to analysts, Banc of California Inc (BANC) has an overall rating of Buy, with a price target of 20.682.
What is the Earnings Per Share (EPS TTM) of Banc of California Inc (BANC)?
The Earnings Per Share (EPS TTM) of Banc of California Inc (BANC) is 1.034.