It's Time For a Quick Look at Banc of California (BANC)'s Fundamentals

Banc of California logged a -1.1% change during today's afternoon session, and is now trading at a price of $13.54 per share. On average, analysts give it a target price of $19.25.

Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking and financial products and services in the United States. The small-cap company is based in the United States. Banc of California currently returns an annual dividend yield of 2.3%.

What to Consider if You Are Thinking of Buying Banc of California:

  • BANC has a forward P/E ratio of 8.3 based on its EPS guidance of 1.64.

  • Over the last 4 years, earnings per share (EPS) have been growing at a compounded average rate of 135.6%.

  • The company has a price to earnings growth (PEG) ratio of 1.11.

  • Its Price to Book (P/B) ratio is 0.81

Banc of California Has Consistent Free Cash Flow

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cashflow ($ k) YoY Growth (%)
2022-12-31 136,122 -26,845 109,277 6.17
2021-12-31 105,739 -2,810 102,929 47.53
2020-12-31 74,862 -5,092 69,770 -0.01
2019-12-31 80,255 -10,478 69,777 n/a

Banc of California's free cash flows are on average positive at $87.94 Million, and display significant resilience over the last 4 years since their coefficient of variability is only 24.0% with a 11.9% growth rate.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.