Banc of California, Inc.

Banc of California, Inc.

BANC · NYSE · Financial Services / Banks - Regional

17.83USD+0.03 (+0.17%)

Price History

Full chart

Market Stats

Previous Close17.80
Open17.90
Day Range17.61 – 17.90
52-Week Range14.96 – 21.79
Volume1.54M
Market Cap2.81B
P/E (TTM)0.00
Forward P/E12.02
EPS-0.43
Dividend Yield2.71%
Beta1.13
50-Day Avg19.22
200-Day Avg19.23

About

Banc of California, Inc. operates as the bank holding company for Banc of California that provides banking and treasury management services in the United States. The company offers deposit products, including checking, savings, money market, demand, and retirement accounts, as well as time deposits, certificates of deposit, and safe deposit boxes. It also provides real estate loans, such as commercial real estate mortgage, multi-family, other residential real estate mortgage, and real estate construction and land loans; commercial loans and leases comprising lender finance, equipment finance, other asset-based, venture capital, secured business, warehouse, and other lending loans; and consumer loans. In addition, the company offers electronic payment services for commercial clients, such as merchant acquiring and card issuing services; automated bill payments, cash and treasury management, master demand accounts, foreign exchange, interest rate swaps, card payment services, remote and mobile deposit capture, automated clearing house origination, wire transfer, and direct deposit; and investment management services. It serves small and middle-market businesses, venture capital and private equity firms, non-profit organizations, business owners, entrepreneurs, professionals, and high-net worth individuals. The company offers its products and services through branches located throughout California; Denver, Colorado; and Durham, North Carolina, as well as through regional offices in the United States. Banc of California, Inc. was founded in 1941 and is headquartered in Los Angeles, California.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Jared M. Wolff J.D.
  • Employees1.90K
  • Headquarters11611 San Vicente Boulevard, Los Angeles, CA, United States, 90049, USA
  • Websitehttps://bancofcal.com

Leadership

  • Mr. Jared M. Wolff J.D.Chairman of the Board,President & CEO · b. 1970
  • Mr. Joseph KauderExecutive VP & CFO · b. 1969
  • Mr. Ido Dotan J.D.EVP, General Counsel, Corporate Secretary, Chief Administrative Officer & Compliance Officer · b. 1980
  • Mr. Bryan M. CorsiniChief Credit Officer & Executive VP · b. 1962
  • Mr. Hamid HussainEVP & President of the Bank · b. 1970
  • Ms. Karen HonExecutive VP, Chief Accounting Officer & Deputy CFO · b. 1977
  • Mr. Steven SchwimmerExecutive VP & Chief Information Officer
  • Ms. Kim TuExecutive VP & Chief People Officer
  • Ms. Olivia LindsayExecutive VP & Chief Risk Officer · b. 1980
  • Mr. Michael DavidExecutive Vice President for Technology Banking-West

Financials

Income Statement

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.53M12.67M22.88M29.00M33.28M37.80M47.73M48.10M48.10M48.48M41.69M33.20M78.80M204.61M326.95M315.19M455.16M428.02M448.97M403.23M309.48M1.34B1.61B1.50B1.87B1.81B
Growth (%)-+727.69%+80.58%+26.74%+14.76%+13.56%+26.29%+0.78%-0.01%+0.79%-14.00%-20.36%+137.33%+159.65%+59.79%-3.60%+44.41%-5.96%+4.89%-10.19%-23.25%+331.57%+20.30%-6.50%+24.65%-3.31%
Cost of Revenue10.76M11.64M9.22M10.43M11.66M16.95M26.92M30.43M36.57M35.27M19.75M11.43M14.23M33.63M46.65M52.42M61.42M96.89M165.35M178.12M95.03M-107.09M290.23M1.28B929.46M747.70M
Gross Profit1.53M1.03M13.66M18.57M21.62M20.84M20.79M17.67M11.53M13.21M21.95M21.78M64.57M170.98M280.30M262.77M393.74M331.13M283.62M225.11M214.44M1.44B1.32B226.38M943.09M1.06B
Gross Margin100.00%8.14%59.71%64.03%64.96%55.14%43.55%36.73%23.97%27.24%52.64%65.59%81.94%83.56%85.73%83.37%86.51%77.36%63.17%55.83%69.29%108.02%81.94%15.07%50.36%58.70%
Operating Expense-10.53M-2.58M9.07M11.51M12.66M13.41M13.54M14.08M13.52M15.90M18.09M24.80M58.46M163.08M253.84M193.61M293.25M304.24M236.63M197.13M200.08M620.39M748.95M2.44B774.43M737.27M
Operating Income12.06M3.61M4.59M7.06M8.96M7.43M7.25M3.58M-1.99M-2.69M3.86M-3.02M6.11M7.91M26.47M69.17M100.49M26.89M46.99M27.98M14.36M822.33M567.57M-2.21B168.65M325.57M
Operating Margin787.59%28.47%20.07%24.35%26.92%19.66%15.18%7.45%-4.14%-5.56%9.26%-9.11%7.75%3.86%8.09%21.94%22.08%6.28%10.47%6.94%4.64%61.57%35.32%-147.20%9.01%17.98%
EBITDA12.06M4.05M5.27M7.70M9.46M7.92M7.69M4.02M-1.54M-2.25M4.25M-2.37M8.52M14.84M37.38M84.16M117.02M43.25M60.88M46.60M32.18M917.67M664.97M-2.12B290.06M397.16M
EBITDA Margin787.59%31.98%23.02%26.54%28.43%20.96%16.10%8.36%-3.21%-4.64%10.20%-7.15%10.81%7.25%11.43%26.70%25.71%10.10%13.56%11.56%10.40%68.71%41.39%-141.12%15.49%21.94%
Net Income1.74M2.10M2.64M4.10M5.08M4.81M4.71M2.96M-529.00K-999.00K2.83M-2.73M6.00M-84.00K30.32M62.07M115.42M57.71M45.47M23.76M12.57M606.96M423.61M-1.90B126.89M228.97M
Net Income Margin113.85%16.54%11.52%14.14%15.25%12.72%9.88%6.16%-1.10%-2.06%6.78%-8.22%7.61%-0.04%9.27%19.69%25.36%13.48%10.13%5.89%4.06%45.44%26.36%-126.42%6.78%12.65%
R&D-----------00000000-------
R&D as % of Total Revenue-----------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense10.31M11.57M8.11M9.16M11.43M16.70M26.95M28.85M23.02M17.98M10.79M6.04M8.48M23.28M32.86M42.62M59.50M85.00M136.72M142.95M66.01M54.91M265.73M1.22B886.65M699.27M
Interest Expense % of Total Revenue673.74%91.33%35.44%31.58%34.33%44.19%56.45%59.97%47.86%37.08%25.87%18.18%10.76%11.38%10.05%13.52%13.07%19.86%30.45%35.45%21.33%4.11%16.54%81.47%47.35%38.62%

Balance Sheet

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets300.35M310.08M459.92M623.96M674.46M755.18M808.34M774.72M876.52M893.92M861.62M999.04M1.69B3.63B5.97B8.24B11.03B10.33B10.63B7.83B7.88B9.43B41.23B38.53B33.54B34.80B
Total Liabilities273.89M281.36M371.04M539.42M595.07M677.41M726.60M690.64M777.80M796.44M725.61M814.55M1.50B3.30B5.47B7.58B10.05B9.32B9.68B6.92B6.98B8.36B37.28B35.14B30.04B31.26B
Total Equity26.46M28.72M88.88M84.54M79.39M77.77M81.74M84.08M98.72M97.48M136.01M184.50M188.76M324.87M503.59M652.40M980.24M1.01B945.53M907.25M897.21M1.07B3.95B3.39B3.50B3.54B
Cash7.70M18.00M10.65M10.96M14.13M14.11M14.74M14.15M10.40M11.02M59.10M44.48M113.67M111.96M233.10M157.62M440.51M387.70M391.59M373.47M220.82M228.12M2.24B5.38B2.50B2.31B
Total Debt53.80M28.00M90.10M200.00M135.50M164.20M151.20M111.70M175.00M135.00M75.00M20.00M156.94M332.32M726.57M1.19B733.30M1.87B1.69B1.39B816.76M816.12M2.63B3.85B2.33B3.02B
Net Debt46.10M10.00M79.45M189.03M121.36M150.09M136.46M97.55M163.71M123.98M15.90M-24.48M43.27M220.36M493.47M1.03B292.79M1.48B1.30B1.02B595.94M588.00M390.89M-1.53B-168.47M708.59M

Cash Flow

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-1.30M4.68M6.32M9.12M5.91M3.77M3.54M6.94M7.00M23.28M13.64M-32.97M-435.49M-627.52M-42.99M18.11M563.01M123.00M80.25M74.86M105.74M136.12M135.77M77.37M255.60M
Investing Cash Flow-1.54M-157.72M-163.97M-48.71M-79.52M-51.13M43.26M-110.65M-9.21M39.27M-167.60M-137.88M-1.30B-463.15M-2.26B-2.32B151.86M-469.75M2.80B-266.92M-5.67M149.53M12.61B1.89B-1.48B
Financing Cash Flow-7.46M146.54M157.72M40.33M75.17M47.48M-38.99M101.15M17.57M-38.04M139.34M235.01M1.74B1.21B2.22B2.58B-766.68M350.64M-2.89B39.40M-92.77M-284.88M-9.61B-4.84B1.03B
Capital Expenditure0676.00K1.79M632.00K416.00K409.00K216.00K297.00K140.00K295.00K2.44M4.89M6.15M54.97M11.66M83.26M44.68M15.32M9.00M10.48M5.09M2.81M26.84M15.22M13.05M20.83M
Free Cash Flow-626.00K2.88M5.68M8.71M5.50M3.55M3.24M6.80M6.70M20.84M8.75M-39.12M-490.45M-639.18M-126.25M-26.57M547.69M114.00M69.78M69.77M102.93M109.28M120.55M64.33M234.77M
Dividends Paid---1.27M1.83M2.23M1.93M3.02M3.19M2.52M2.64M3.51M6.01M8.92M14.32M26.40M41.47M46.16M54.68M31.30M25.72M21.16M16.22M88.67M108.09M103.68M
FCF to OCF-48.08%61.63%90.00%95.44%93.07%94.27%91.60%97.98%95.78%89.51%64.14%118.66%112.62%101.86%293.68%-146.69%97.28%92.68%86.94%93.20%97.34%80.28%88.79%83.14%91.85%
Dividend Paid to FCF---22.32%20.98%40.57%54.44%93.36%46.93%37.58%12.67%40.15%-15.37%-1.82%-2.24%-20.91%-156.09%8.43%47.96%44.86%36.86%20.56%14.84%73.55%168.03%44.16%

Earnings

Report DateOct 23, 2002Jan 29, 2003Apr 24, 2003Jul 23, 2003Oct 22, 2003Jan 26, 2004Apr 21, 2004Jul 22, 2004Oct 21, 2004Jan 27, 2005Apr 14, 2005Jul 19, 2005Oct 19, 2005Jan 20, 2006Apr 17, 2006Jul 19, 2006Oct 26, 2006Jan 23, 2007Apr 18, 2007Jul 17, 2007Oct 18, 2007Jan 22, 2008Apr 17, 2008Jul 18, 2008Oct 16, 2008Jan 22, 2009Apr 16, 2009Jul 21, 2009Oct 27, 2009Jan 21, 2010Apr 21, 2010Jul 15, 2010Oct 20, 2010Jan 20, 2011Apr 20, 2011Jul 18, 2011Oct 20, 2011Jan 18, 2012Apr 18, 2012Jul 18, 2012Oct 17, 2012Jan 16, 2013Apr 17, 2013Jul 23, 2013Oct 23, 2013Jan 23, 2014Apr 23, 2014Jul 22, 2014Oct 22, 2014Jan 22, 2015Apr 16, 2015Jul 15, 2015Oct 15, 2015Jan 21, 2016Apr 14, 2016Jul 15, 2016Oct 18, 2016Jan 19, 2017Apr 17, 2017Jul 18, 2017Oct 17, 2017Jan 18, 2018Apr 17, 2018Jul 17, 2018Oct 16, 2018Jan 17, 2019Apr 16, 2019Jul 16, 2019Oct 16, 2019Jan 21, 2020Apr 21, 2020Jul 16, 2020Oct 14, 2020Jan 20, 2021Apr 20, 2021Jul 19, 2021Oct 18, 2021Jan 19, 2022Apr 19, 2022Jul 20, 2022Oct 19, 2022Jan 26, 2023Apr 25, 2023Jul 25, 2023Oct 24, 2023Jan 25, 2024Apr 23, 2024Jul 23, 2024Oct 22, 2024Jan 23, 2025Apr 23, 2025Jul 23, 2025Oct 22, 2025Jan 21, 2026Apr 22, 2026Jul 29, 2026Oct 28, 2026
EPS Estimate0.560.670.700.780.780.760.780.790.870.930.901.021.101.191.201.291.341.291.281.371.371.391.400.590.610.620.150.030.44-0.07-1.830.030.200.280.270.440.520.600.620.650.690.750.740.690.750.760.720.891.021.161.041.051.071.031.081.071.081.081.081.131.141.161.231.331.401.391.381.431.411.341.080.580.961.031.401.501.571.541.591.621.621.480.870.260.03-0.160.250.190.120.230.230.260.330.370.380.400.45
EPS Actual0.580.620.700.840.750.810.720.840.910.990.961.101.191.281.350.971.341.371.491.251.171.130.870.720.530.370.12-0.27-1.61-0.35-2.680.110.15-0.330.440.530.550.580.210.640.850.880.720.760.890.350.970.971.001.001.261.070.961.071.101.071.171.070.991.171.251.111.321.391.431.421.391.431.391.380.470.420.531.511.962.311.791.791.541.551.551.311.000.33-0.47-4.520.190.160.250.280.260.310.380.420.390.13-
Surprise3.57%-7.46%0.00%7.69%-3.85%6.58%-7.69%6.33%4.60%6.45%6.67%7.84%8.18%7.56%12.50%-24.81%0.00%6.20%16.41%-8.76%-14.60%-18.70%-37.86%22.03%-13.11%-40.32%-20.00%-1000.00%-465.91%-400.00%-46.45%266.67%-25.00%-217.86%62.96%20.45%5.77%-3.33%-66.13%-1.54%23.19%17.33%-2.70%10.14%18.67%-53.95%34.72%8.99%-1.96%-13.79%21.15%1.90%-10.28%3.88%1.85%0.00%8.33%-0.93%-8.33%3.54%9.65%-4.31%7.32%4.51%2.14%2.16%0.72%0.00%-1.42%2.99%-56.48%-27.59%-44.79%46.60%40.00%54.00%14.01%16.23%-3.14%-4.32%-4.32%-11.49%14.94%26.92%-1666.67%-2725.00%-24.00%-15.79%108.33%21.74%13.04%19.23%15.15%13.51%2.63%-67.50%-
TimingPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-market-

Key Statistics & Ratios

Market Cap2.81B
Enterprise Value3.66B
Trailing P/E0.00
Forward P/E12.02
PEG Ratio1.12
Price / Sales4.07
Price / Book0.96
EPS-0.43
Book Value18.38
Revenue (TTM)690.23M
Gross Profit (TTM)690.23M
Profit Margin-3.24%
Operating Margin216.26%
Return on Equity-0.65%
Return on Assets-0.07%
Shares Outstanding157.95M
Shares Float156.64M
Beta1.13
Dividend Yield2.71%
Dividend Rate0.48
Payout Ratio34.85%

Analyst Ratings

Buy
Based on 11 analystsTarget 22.00
  • Strong Buy
    4
  • Buy
    4
  • Hold
    3

Ownership Breakdown

Institutions
101.84%
Insiders
0.87%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    20.62M13.02%
  • T. Rowe Price Investment Management,Inc.
    13.04M8.23%
  • State Street Corp
    9.07M5.73%
  • Dimensional Fund Advisors, Inc.
    6.89M4.35%
  • Vanguard Capital Management, LLC
    6.20M3.91%
  • Wellington Management Company LLP
    6.12M3.86%
  • Vanguard Portfolio Management, LLC
    4.80M3.03%
  • American Century Companies Inc
    4.43M2.80%
  • Amvescap Plc.
    4.27M2.70%
  • Geode Capital Management, LLC
    3.67M2.32%
  • Two Sigma Investments LLC
    2.96M1.87%
  • Neuberger Berman Group LLC
    2.81M1.77%
  • Millennium Management LLC
    2.70M1.70%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    8.32M5.25%
  • Vanguard MStar Total Stk Mkt Idx Invest
    4.64M2.93%
  • iShares Russell 2000 ETF
    3.58M2.26%
  • T. Rowe Price Small-Cap Value
    3.30M2.08%
  • Avantis US Small Cap Value ETF
    3.03M1.91%
  • T. Rowe Price Small-Cap Stock
    2.96M1.87%
  • State Street® SPDR® S&PRgnllBkgETF
    2.68M1.69%

Dividends

20263×
0.12Sep 15, 20260.12Jun 15, 20260.12Mar 16, 2026
20254×
0.10Dec 15, 20250.10Sep 15, 20250.10Jun 16, 20250.10Mar 14, 2025
20244×
0.10Dec 16, 20240.10Sep 16, 20240.10Jun 14, 20240.10Mar 14, 2024
20234×
0.10Dec 14, 20230.10Sep 14, 20230.10Jun 14, 20230.10Mar 14, 2023
20224×
0.06Dec 14, 20220.06Sep 14, 20220.06Jun 14, 20220.06Mar 14, 2022
20214×
0.06Dec 14, 20210.06Sep 14, 20210.06Jun 14, 20210.06Mar 12, 2021
20201×
0.06Dec 14, 2020