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 $19.25.
Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking and financial products and services in the United States. The small-cap company is based in the United States. Banc of California currently returns an annual dividend yield of 2.3%.
What to Consider if You Are Thinking of Buying Banc of California:
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BANC has a forward P/E ratio of 8.3 based on its EPS guidance of 1.64.
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Over the last 4 years, earnings per share (EPS) have been growing at a compounded average rate of 135.6%.
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The company has a price to earnings growth (PEG) ratio of 1.11.
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Its Price to Book (P/B) ratio is 0.81
Banc of California Has Consistent Free Cash Flow
| Date Reported | Cash Flow from Operations ($ 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.
