BANC Stock Analysis: Banc of California | NYSE
Banks - Regional | NYSE, USA | Market Cap: 2.868m USD | 12M Return: 10.7% | US05990K1060 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 45.4M
Qual. Beats: -1
Rev. Trend: -45.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Banc of California, Inc. is a bank holding company headquartered in Los Angeles, California, that provides a broad suite of banking and treasury management services primarily to small and middle-market businesses, venture capital and private equity firms, non-profit organizations, entrepreneurs, professionals, and high-net-worth individuals. Founded in 1941, the company operates branches across California as well as in Denver, Colorado, and Durham, North Carolina, complemented by regional offices throughout the United States.
Its offerings span deposit products (checking, savings, money market, time deposits, and CDs), a diversified lending portfolio (commercial and multifamily real estate, construction and land loans, equipment and asset-based finance, warehouse and venture lending, and consumer loans), and cash management and payment services (merchant acquiring, card issuing, ACH origination, wire transfer, foreign exchange, interest rate swaps, and remote deposit capture).
As a U.S. regional bank (GICS Sub Industry: Regional Banks) operating in the mid-cap segment, Banc of California focuses on relationship-driven commercial banking in markets with concentrations of venture capital and small-to-middle-market business activity, distinguishing its business model from larger money-center banks through its specialization in serving the Western U.S. innovation and SMB economies.
- Net interest margin compresses as deposit costs outpace loan yields
- Commercial real estate loan portfolio faces credit risk in California market
- Venture capital and private equity lending volume drives loan growth
| Net Income: -21.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.47 > 1.0 |
| NWC/Revenue: -1.26k% < 20% (prev -1.30k%; Δ 41.08% < -1%) |
| CFO/TA 0.01 > 3% & CFO 388.2m > Net Income -21.3m |
| Net Debt (-4.23b) to EBITDA (63.7m): -66.48 < 3 |
| Current Ratio: 0.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (155.8m) vs 12m ago -1.68% < -2% |
| Gross Margin: 53.06% > 18% (prev 52.99%; Δ 0.07% > 0.5%) |
| Asset Turnover: 5.16% > 50% (prev 5.15%; Δ 0.01% > 0%) |
| Interest Coverage Ratio: -0.05 > 6 (EBIT TTM -34.9m / Interest Expense TTM 664.6m) |
| A: -0.64 (Total Current Assets 8.22b - Total Current Liabilities 30.6b) / Total Assets 34.8b |
| B: -0.01 (Retained Earnings -431.3m / Total Assets 34.8b) |
| C: -0.00 (EBIT TTM -34.9m / Avg Total Assets 34.5b) |
| D: 0.10 (Book Value of Equity 3.19b / Total Liabilities 31.6b) |
| Altman-Z'' = -4.16 = D |
| DSRI: 0.90 (Receivables 124.1m/136.3m, Revenue 1.78b/1.76b) |
| GMI: 1.00 (GM 52.99% / 53.06%) |
| AQI: 0.90 (AQ_t 0.76 / AQ_t-1 0.85) |
| SGI: 1.01 (Revenue 1.78b / 1.76b) |
| TATA: -0.01 (NI -21.3m - CFO 388.2m) / TA 34.8b) |
| Beneish M = -3.16 (Cap -4..+1) = AA |
As of September 27, 2026, the stock is trading at USD 17.94 with a total of 1,959,411 shares traded. Over the past week, the price has changed by -2.07%, over one month by -2.87%, over three months by -14.22% and over the past year by +10.71%.
Current recommended Stop Loss: 17.40 (which is 3% or 1.3 ATR below the current price).
Banc of California has received a consensus analysts rating of 4.09. Therefore, it is recommended to buy BANC.
- StrongBuy: 4
- Buy: 4
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 22.1 | 23.1% |
P/E Forward = 12.0192
P/S = 4.1545
P/B = 0.9952
P/EG = 1.1248
Revenue TTM = 1.78b USD
EBIT TTM = -34.9m USD
EBITDA TTM = 63.7m USD
Long Term Debt = 3.03b USD (from longTermDebt, last quarter)
Short Term Debt = 2.46b USD (from shortTermDebt, last quarter)
Debt = 3.07b USD (from shortLongTermDebtTotal, last quarter) + Leases 34.9m
Net Debt = -4.23b USD (calculated: Debt 3.07b - CCE 7.30b)
Enterprise Value = 2.87b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = -0.05 (Ebit TTM -34.9m / Interest Expense TTM 664.6m)
EV/FCF = 7.75x (Enterprise Value 2.87b / FCF TTM 370.1m)
FCF Yield = 12.91% (FCF TTM 370.1m / Enterprise Value 2.87b)
FCF Margin = 20.78% (FCF TTM 370.1m / Revenue TTM 1.78b)
Net Margin = -1.19% (Net Income TTM -21.3m / Revenue TTM 1.78b)
Gross Margin = 53.06% ((Revenue TTM 1.78b - Cost of Revenue TTM 836.2m) / Revenue TTM)
Gross Margin QoQ = 21.40% (prev 62.59%)
Tobins Q-Ratio = 0.08 (Enterprise Value 2.87b / Total Assets 34.8b)
Interest Expense / Debt = 21.66% (Interest Expense 664.6m / Debt 3.07b)
Taxrate = 26.86% (84.1m / 313.1m)
NOPAT = -25.5m (EBIT -34.9m * (1 - 26.86%)) [loss with tax shield]
Current Ratio = 0.27 (Total Current Assets 8.22b / Total Current Liabilities 30.6b)
Debt / Equity = 0.96 (Debt 3.07b / totalStockholderEquity, last quarter 3.19b)
Debt / EBITDA = -66.48 (Net Debt -4.23b / EBITDA 63.7m)
Debt / FCF = -11.44 (Net Debt -4.23b / FCF TTM 370.1m)
Total Stockholder Equity = 3.44b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.06% (Net Income -21.3m / Total Assets 34.8b)
RoE = -0.62% (Net Income TTM -21.3m / Total Stockholder Equity 3.44b)
RoCE = -0.54% (EBIT -34.9m / Capital Employed (Equity 3.44b + L.T.Debt 3.03b))
RoIC = -0.39% (negative operating profit) (NOPAT -25.5m / Invested Capital 6.60b)
WACC = 12.88% (E(2.87b)/V(5.94b) * Re(9.72%) + D(3.07b)/V(5.94b) * Rd(21.66%) * (1-Tc(0.27)))
Discount Rate = 9.72% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -84.98 | Cagr: -3.33%
[DCF] Terminal Value 64.75% ; FCFF base≈302.9m ; Y1≈347.2m ; Y5≈511.0m
[DCF] Fair Price = 53.71 (EV 4.25b - Net Debt -4.23b = Equity 8.48b / Shares 158.0m; r=12.88% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -4.0 | # QB: -1
Revenue Correlation: -45.56 | Revenue CAGR: -8.83% | SUE: 0.44 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.45 | Chg30d=-0.58% | Revisions=+22% | Analysts=11
EPS current Year (2026-12-31): EPS=1.69 | Chg30d=+25.89% | Revisions=-12% | GrowthEPS=+24.9% | GrowthRev=+3.8%
EPS next Year (2027-12-31): EPS=2.11 | Chg30d=-0.89% | Revisions=+22% | GrowthEPS=+25.1% | GrowthRev=+11.4%
[Analyst] Revisions Ratio: +15% (up=10, down=7)