QualityDipStocks / Finance · Major Banks
Banc of California BANC
Outside our quality screen, so we don’t track its dips. It’s 15% below its 52-week high.
Outside our quality screen. No fair value estimate for now: our model doesn’t fit it reliably.
- Fair value est.
- n/a
- Market Value
- forming
- Off 52-wk high
- −15%
- Risk vs market
- Market-likebeta 0.95
2 bullish · 5 bearish See why
Repriced or dip?
Repricing: business changed
The price is 15% below its 52-week high (Jul 21), but the business held up: shares outstanding fewer shares, each owns more.
Some numbers held up (shares outstanding fewer shares, each owns more), others slipped (revenue −22.5%, revenue growth rate −26.7 pts, earnings per share turned to a loss). The price is 15% below its 52-week high.
The price is 15% below its 52-week high, and the business changed too: revenue −22.5%, revenue growth rate −26.7 pts, earnings per share turned to a loss.
Within 10% of its 52-week high, so there is no dip to judge yet.
The evidence 6 numbers, high vs now
- Revenue, last 12 months$1.1B → $884M (−22.5%)changed
- Revenue growth rate+13.3% → −13.3% a year (−26.7 pts)changed
- Earnings per share, 12 monthsturned to a losschanged
- Shares outstanding−2.5% (fewer shares, each owns more)held up
- Stock vs its sector (Finance)stock −15%, sector median −2% since Jul 21about the same
- Price fall vs business numbersprice −15%, revenue/EPS/FCF median −22% (shown, not scored)
Business numbers as reported at the high (12 months to Mar 31, 2026) vs the latest filing (12 months to Jun 30, 2026). Each measure is scored from −1 (business changed) to +1 (business intact) and weighted: revenue, earnings per share, free cash flow, operating margin, revenue growth rate, share count, net cash and the move vs its sector. 60 or more reads as a dip, 40 or less as a repricing. Analyst estimates are not in our data, so they are not used. How to read it
Data-based read, not advice.
Priced in
How much growth the market assumed at the 52-week high, the low and today (a reverse DCF).
52-wk high: P/E 16.9×; 52-wk low: P/E 15.3×.
| High | Low | Now | |
|---|---|---|---|
| Price | $21.83Jul 21 | $16.20Nov 17 | $18.50 |
| P/E | 16.9× | 15.3× | n/a |
What this means: a lower P/E than at the high means you pay less for each dollar of profit than buyers did then.
How it’s computed
Banks, insurers and lenders: cash flow includes deposits and loans, so a cash-flow model doesn't fit; we show P/E at each point instead. P/E = that day's close × diluted shares / 12-month net income, using only the filings that were public on that day.
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
Estimate unreliable for BANC: earnings swing too much for a book-value model (return on equity ranged from -51% to 17% across FY2021–2025 and the latest 12 months). We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much BANC moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves about in line with the market, and its own price swings are 2.3× the S&P 500’s.
- Beta vs S&P 500
- 0.95
- Volatility
- 29% vs 13% SPY
- Correlation SPY
- 0.42
- Correlation QQQ
- 0.28
Valuation details
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 2 of 5
GrowthDiluted EPS grew 125% to $1.17 in FY2025.
ValuationPrice / book of 0.9×, below the 1.7× median for the 296 Finance companies we cover.
Top bearish points 5 of 5
GrowthSales fell 13% over the last 12 months vs the 12 months before (SEC filings).
GrowthSales shrank 6% a year from FY2022 to FY2025.
ProfitabilityReturn on equity of −1.8%, below the 12% median for the 291 Finance companies we cover.
ProfitabilityNet margin of −7.0%, below the 22% median for the 281 Finance companies we cover.
QualityDoesn’t pass our quality screen: ROE under 12% and ROIC under 10%.
All fundamentals
ROE -2% · Sales −13%
Valuation
- P/E
- n/aloss over the last 12 months
- Price / FCF
- n/acash flow isn't a clean measure for a bank
- FCF yield
- n/acash flow isn't a clean measure for a bank
- EV / EBITDA
- n/anot meaningful for a bank
- Price / sales
- 3.28×
- Price / book
- 0.85×
- Market cap
- $2.9Blisted
- Enterprise value
- $2.5B
Growth
- Revenue, 12 months
- $884Mnet interest income + noninterest income
- Sales growth, 12 months
- −13.3%vs the 12 months before
- Sales growth, 3 yrs
- −6.4%/yrfrom FY2022
- Diluted EPS, 12 months
- −$0.43
- EPS growth, last FY
- +125.0%
- Net income, 12 months
- −$62M
- Net income growth
- n/anot reported in its SEC filings
Profitability
- Gross margin
- n/anot meaningful for a bank
- Operating margin
- n/anot reported in its SEC filings
- Net margin
- −7.0%
- FCF margin
- 41.2%
- Return on equity
- −2%
- Return on invested capital
- n/anot meaningful for a bank
Balance sheet
- Cash & short-term inv.
- $2.8B
- Total debt
- $2.5B
- Net cash
- n/anot meaningful for a bank
- Debt / equity
- n/adeposits/float make debt/equity not comparable for a bank
- Interest coverage
- n/anot meaningful for a bank
Cash flow & returns
- Free cash flow, 12 months
- $364M
- FCF growth, 12 months
- +86%
- Dividend yield
- n/ano dividend payments tagged
- Payout ratio
- n/anot reported in its SEC filings
- Buybacks, 12 months
- $120M4.1% of market cap
- Share count, 1 year
- −1.7%diluted shares vs a year ago
- Stock-based comp
- n/anot reported in its SEC filings
Trailing 12 months to Jun 30, 2026; balance sheet at Jun 30, 2026. From Banc of California’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
FCF $0.4B · Sales +6%
- Free cash flow, 12 months$0.4B
- Free-cash-flow yield12.4%
- Return on equity0%
- Sales growth (latest quarter vs year-ago quarter)+6%
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $18.50
- 52-wk lowlowest close, 1 year$16.20−12.4%
- PriceMon Nov 2 close$18.50you are here
- 52-wk highhighest close, 1 year$21.83+18.0%
Momentum & 52-week range
RSI 61 · 5 days +2.8%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
BANC is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on Banc of California in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 1:01 PM ET.
Compare with peers
Closest in size in Major Banks
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.