BANC Stock Analysis: Banc of California | NYSE
Banks - Regional | NYSE, USA | Market Cap: 2.741m USD | 12M Return: 1% | US05990K1060 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 47.8M
Qual. Beats: -1
Rev. Trend: -45.6%
Qual. Beats: 0
Warnings
Tailwinds
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. (NYSE: BANC) operates as a bank holding company headquartered in Los Angeles, California, providing a range of banking and treasury management services across the United States. The companys offerings include deposit products such as checking, savings, money market, and retirement accounts, as well as time deposits, certificates of deposit, and safe deposit boxes. It also extends various lending solutions, including commercial and residential real estate loans, construction and land loans, commercial loans and leases (such as lender finance, equipment finance, and venture capital loans), and consumer loans. Additionally, the company delivers electronic payment services, cash and treasury management solutions, foreign exchange, interest rate swaps, and investment management services.
The company primarily targets small and middle-market businesses, venture capital and private equity firms, non-profit organizations, business owners, entrepreneurs, professionals, and high-net-worth individuals. It operates through branches in California, Denver, and Durham, North Carolina, along with regional offices across the United States. As a regional bank within the Financials sector, Banc of California focuses on relationship-based banking and specialized lending, distinguishing itself by serving niche markets such as venture capital-backed companies and private equity firms, which sets it apart from many larger, more diversified banking institutions.
- California commercial real estate loan losses pressure earnings
- Net interest margin compresses as Fed cuts rates
- Lender finance segment growth offsets CRE headwinds
| 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 October 06, 2026, the stock is trading at USD 17.55 with a total of 2,586,134 shares traded. Over the past week, the price has changed by -0.62%, over one month by -5.13%, over three months by -14.08% and over the past year by +1.01%.
Current recommended Stop Loss: 16.60 (which is 5.4% or 2.2 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 | 25.4% |
P/E Forward = 12.0192
P/S = 3.9708
P/B = 0.9642
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 = 2.74b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = -0.05 (Ebit TTM -34.9m / Interest Expense TTM 664.6m)
EV/FCF = 7.40x (Enterprise Value 2.74b / FCF TTM 370.1m)
FCF Yield = 13.50% (FCF TTM 370.1m / Enterprise Value 2.74b)
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 2.74b / 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 = 12.97% (E(2.74b)/V(5.81b) * Re(9.75%) + D(3.07b)/V(5.81b) * Rd(21.66%) * (1-Tc(0.27)))
Discount Rate = 9.75% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -84.98 | Cagr: -3.33%
[DCF] Terminal Value 64.53% ; FCFF base≈302.9m ; Y1≈347.2m ; Y5≈511.0m
[DCF] Fair Price = 53.49 (EV 4.22b - Net Debt -4.23b = Equity 8.45b / Shares 158.0m; r=12.97% [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=-0.18% | Revisions=+22% | Analysts=11
EPS current Year (2026-12-31): EPS=1.70 | Chg30d=+26.76% | Revisions=-12% | GrowthEPS=+25.7% | GrowthRev=+3.9%
EPS next Year (2027-12-31): EPS=2.12 | Chg30d=-0.34% | Revisions=+22% | GrowthEPS=+25.0% | GrowthRev=+11.5%
[Analyst] Revisions Ratio: +15% (up=10, down=7)