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Banc of California, Inc is a banks—regional business based in the US. Banc of California shares (BANC) are listed on the NYSE and all prices are listed in US Dollars. Banc of California employs 600 staff and has a trailing 12-month revenue of around USD$172.8 million.
Since the stock market crash in March caused by coronavirus, Banc of California's share price has had significant negative movement.
Its last market close was USD$11.1, which is 34.71% down on its pre-crash value of USD$17 and 55.68% up on the lowest point reached during the March crash when the shares fell as low as USD$7.13.
If you had bought USD$1,000 worth of Banc of California shares at the start of February 2020, those shares would have been worth USD$459.71 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$677.66.
|Latest market close||USD$11.1|
|52-week range||USD$6.44 - USD$17.53|
|50-day moving average||USD$10.8026|
|200-day moving average||USD$10.5119|
|Wall St. target price||USD$12.75|
|Dividend yield||USD$0.24 (2.17%)|
|Earnings per share (TTM)||USD$0.052|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-23)||-9.31%|
|1 month (2020-10-01)||7.87%|
|3 months (2020-07-31)||3.54%|
|6 months (2020-05-01)||8.50%|
|1 year (2019-10-31)||-19.39%|
|2 years (2018-10-31)||-30.41%|
|3 years (2017-10-31)||-47.27%|
|5 years (2015-10-30)||-14.88%|
Valuing Banc of California stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Banc of California's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Banc of California's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 186x. In other words, Banc of California shares trade at around 186x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Banc of California's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.15. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Banc of California's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$172.8 million|
|Gross profit TTM||USD$222.2 million|
|Return on assets TTM||-0.29%|
|Return on equity TTM||-2.75%|
|Market capitalisation||USD$557.6 million|
TTM: trailing 12 months
There are currently 1.1 million Banc of California shares held short by investors – that's known as Banc of California's "short interest". This figure is 25.2% down from 1.4 million last month.
There are a few different ways that this level of interest in shorting Banc of California shares can be evaluated.
Banc of California's "short interest ratio" (SIR) is the quantity of Banc of California shares currently shorted divided by the average quantity of Banc of California shares traded daily (recently around 237859.86696231). Banc of California's SIR currently stands at 4.51. In other words for every 100,000 Banc of California shares traded daily on the market, roughly 4510 shares are currently held short.
However Banc of California's short interest can also be evaluated against the total number of Banc of California shares, or, against the total number of tradable Banc of California shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Banc of California's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Banc of California shares in existence, roughly 20 shares are currently held short) or 0.0355% of the tradable shares (for every 100,000 tradable Banc of California shares, roughly 36 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Banc of California.
Find out more about how you can short Banc of California stock.
We're not expecting Banc of California to pay a dividend over the next 12 months.
Over the last 12 months, Banc of California's shares have ranged in value from as little as $6.44 up to $17.53. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Banc of California's is 1.9305. This would suggest that Banc of California's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. It offers range of deposit products, including checking, savings, interest-bearing and noninterest-bearing demand, savings, retirement, and money market deposit accounts, as well as certificates of deposit and safe deposit boxes. The company also provides various loan products, such as commercial and industrial; commercial real estate and multifamily; small business administration; construction; and other consumer loans, as well as warehouse and indirect/direct leveraged lending. In addition, it offers automated bill payment, cash and treasury management, foreign exchange, card payment, remote and mobile deposit capture, automated clearing house origination, wire transfer, direct deposit, and Internet banking services; and master demand accounts and interest rate swaps. Further, the company invests in collateralized loan obligations, agency securities, municipal bonds, agency residential mortgage-backed securities, and corporate debt securities. As of October 02, 2020, it operated 31 full-service branches in Southern California. The company was formerly known as First PacTrust Bancorp, Inc. and changed its name to Banc of California, Inc. in July 2013. Banc of California, Inc. was founded in 1941 and is headquartered in Santa Ana, California.
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