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Banc of California, Inc. BANC · NYSE

$17.92 +1.01% (+$0.18)

Market cap
$2.68B
Enterprise value
$2.90B
P/E
-
Forward P/E
-
PEG
0.1x
P/S
1.5x
P/FCF
7.2x
EV/EBITDA
351.1x
ROIC
-0.2%
Gross margin
53.1%
Net margin
-1.2%
Dividend yield
2.71%
Payout ratio
-
Net debt/EBITDA
26.1x
Beta
1.21
Free float
98.7%

About the company

Banc of California, Inc. (BANC) is an American bank holding company based in California. The company operates banking divisions providing a wide range of financial services for individuals, businesses, and community organizations. Offered products include checking and savings accounts, personal and business loans, mortgage loans, and other banking and investment services. Banc of California focuses on providing individualized and tailored approaches to meet the financial needs of its clients and building long-term relationships with them. The company is active in community initiatives and supports local development and charitable projects. Banc of California has an extensive international presence and is a respected player in the banking sector. Shares of Banc of California, Inc. (BANC) could represent an intriguing investment opportunity for those who believe in a stable and diversified banking operation and long-term customer relationships.

Sector

Financial Services

Industry

Banks - Regional

CEO

Jared Wolff

Employees

1,904

Headquarters

Los Angeles

Valuation

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Analysts

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