Banc of California (BANC)
Market Price (5/23/2026): $18.81 | Market Cap: $2.9 BilSector: Financials | Industry: Regional Banks
Banc of California (BANC)
Market Price (5/23/2026): $18.81Market Cap: $2.9 BilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 2.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.6%, FCF Yield is 9.2% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 26%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 24% Low stock price volatilityVol 12M is 29% Capital ratio is >2x the minimum of 6%Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 12% Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments. | Weak multi-year price returns2Y Excs Rtn is -4.9% | Key risksBANC key risks include [1] intense competitive pressures in its California market challenging its deposit gathering and loan growth targets, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 2.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.6%, FCF Yield is 9.2% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 26%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 24% |
| Low stock price volatilityVol 12M is 29% |
| Capital ratio is >2x the minimum of 6%Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 12% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments. |
| Weak multi-year price returns2Y Excs Rtn is -4.9% |
| Key risksBANC key risks include [1] intense competitive pressures in its California market challenging its deposit gathering and loan growth targets, Show more. |
Qualitative Assessment
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1. Significant Insider Selling Exceeding $644 Million.
One of the primary factors contributing to Banc of California's stock decline was the substantial insider selling activity. Over the past six months, Warburg Pincus LLC, a major insider, sold approximately 32.2 million shares of Banc of California stock, generating an estimated $644.85 million. This significant divestment by a key shareholder likely signaled reduced insider confidence and exerted considerable downward pressure on the stock during the specified period.
2. Sequential Decline in Q1 2026 Net Earnings.
Despite beating analyst estimates for diluted earnings per share (EPS) for the first quarter of 2026, Banc of California reported a sequential decline in net earnings. The company's net earnings available to common stockholders were $62.0 million, or $0.39 per diluted share, in Q1 2026. This was a decrease from the $67.4 million, or $0.42 per diluted common share, reported in the fourth quarter of 2025. This quarter-over-quarter reduction in profitability may have tempered investor sentiment, contributing to the stock's trend.
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Stock Movement Drivers
Fundamental Drivers
The -5.2% change in BANC stock from 1/31/2026 to 5/22/2026 was primarily driven by a -21.2% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 5222026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.84 | 18.81 | -5.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,074 | 1,122 | 4.4% |
| Net Income Margin (%) | 19.4% | 22.0% | 13.6% |
| P/E Multiple | 14.9 | 11.8 | -21.2% |
| Shares Outstanding (Mil) | 157 | 155 | 1.5% |
| Cumulative Contribution | -5.2% |
Market Drivers
1/31/2026 to 5/22/2026| Return | Correlation | |
|---|---|---|
| BANC | -5.2% | |
| Market (SPY) | 8.1% | 59.7% |
| Sector (XLF) | -2.3% | 72.4% |
Fundamental Drivers
The 12.2% change in BANC stock from 10/31/2025 to 5/22/2026 was primarily driven by a 50.0% change in the company's Net Income Margin (%).| (LTM values as of) | 10312025 | 5222026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.76 | 18.81 | 12.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,004 | 1,122 | 11.7% |
| Net Income Margin (%) | 14.7% | 22.0% | 50.0% |
| P/E Multiple | 18.0 | 11.8 | -34.5% |
| Shares Outstanding (Mil) | 158 | 155 | 2.3% |
| Cumulative Contribution | 12.2% |
Market Drivers
10/31/2025 to 5/22/2026| Return | Correlation | |
|---|---|---|
| BANC | 12.2% | |
| Market (SPY) | 9.9% | 52.6% |
| Sector (XLF) | 0.0% | 64.7% |
Fundamental Drivers
The 43.2% change in BANC stock from 4/30/2025 to 5/22/2026 was primarily driven by a 71.3% change in the company's Net Income Margin (%).| (LTM values as of) | 4302025 | 5222026 | Change |
|---|---|---|---|
| Stock Price ($) | 13.14 | 18.81 | 43.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 986 | 1,122 | 13.8% |
| Net Income Margin (%) | 12.9% | 22.0% | 71.3% |
| P/E Multiple | 17.5 | 11.8 | -32.6% |
| Shares Outstanding (Mil) | 169 | 155 | 8.9% |
| Cumulative Contribution | 43.2% |
Market Drivers
4/30/2025 to 5/22/2026| Return | Correlation | |
|---|---|---|
| BANC | 43.2% | |
| Market (SPY) | 36.0% | 56.5% |
| Sector (XLF) | 8.2% | 65.9% |
Fundamental Drivers
The 80.3% change in BANC stock from 4/30/2023 to 5/22/2026 was primarily driven by a 709.8% change in the company's P/E Multiple.| (LTM values as of) | 4302023 | 5222026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.43 | 18.81 | 80.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,341 | 1,122 | -16.3% |
| Net Income Margin (%) | 31.6% | 22.0% | -30.2% |
| P/E Multiple | 1.5 | 11.8 | 709.8% |
| Shares Outstanding (Mil) | 59 | 155 | -61.9% |
| Cumulative Contribution | 80.3% |
Market Drivers
4/30/2023 to 5/22/2026| Return | Correlation | |
|---|---|---|
| BANC | 80.3% | |
| Market (SPY) | 86.3% | 51.8% |
| Sector (XLF) | 64.4% | 62.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| BANC Return | 35% | -18% | -13% | 18% | 28% | -2% | 44% |
| Peers Return | 44% | -17% | 6% | 23% | 10% | 8% | 83% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 9% | 98% |
Monthly Win Rates [3] | |||||||
| BANC Win Rate | 58% | 33% | 50% | 75% | 67% | 60% | |
| Peers Win Rate | 65% | 53% | 43% | 53% | 53% | 56% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| BANC Max Drawdown | -26% | -31% | -45% | -19% | -26% | -20% | |
| Peers Max Drawdown | -23% | -34% | -54% | -21% | -29% | -19% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: WAL, EWBC, ZION, CATY, COLB.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/22/2026 (YTD)
How Low Can It Go
| Event | BANC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -23.2% | -18.8% |
| % Gain to Breakeven | 30.2% | 23.1% |
| Time to Breakeven | 127 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -26.0% | -9.5% |
| % Gain to Breakeven | 35.2% | 10.5% |
| Time to Breakeven | 93 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -44.4% | -6.7% |
| % Gain to Breakeven | 79.9% | 7.1% |
| Time to Breakeven | 564 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -21.5% | -24.5% |
| % Gain to Breakeven | 27.4% | 32.4% |
| Time to Breakeven | 1128 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -61.3% | -33.7% |
| % Gain to Breakeven | 158.5% | 50.9% |
| Time to Breakeven | 278 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -33.0% | -19.2% |
| % Gain to Breakeven | 49.3% | 23.8% |
| Time to Breakeven | 758 days | 105 days |
In The Past
Banc of California's stock fell -23.2% during the 2025 US Tariff Shock. Such a loss loss requires a 30.2% gain to breakeven.
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Asset Allocation
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| Event | BANC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -23.2% | -18.8% |
| % Gain to Breakeven | 30.2% | 23.1% |
| Time to Breakeven | 127 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -26.0% | -9.5% |
| % Gain to Breakeven | 35.2% | 10.5% |
| Time to Breakeven | 93 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -44.4% | -6.7% |
| % Gain to Breakeven | 79.9% | 7.1% |
| Time to Breakeven | 564 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -21.5% | -24.5% |
| % Gain to Breakeven | 27.4% | 32.4% |
| Time to Breakeven | 1128 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -61.3% | -33.7% |
| % Gain to Breakeven | 158.5% | 50.9% |
| Time to Breakeven | 278 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -33.0% | -19.2% |
| % Gain to Breakeven | 49.3% | 23.8% |
| Time to Breakeven | 758 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -35.5% | -3.7% |
| % Gain to Breakeven | 55.2% | 3.9% |
| Time to Breakeven | 63 days | 6 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -31.9% | -17.9% |
| % Gain to Breakeven | 46.8% | 21.8% |
| Time to Breakeven | 654 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -20.9% | -15.4% |
| % Gain to Breakeven | 26.4% | 18.2% |
| Time to Breakeven | 49 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -67.4% | -53.4% |
| % Gain to Breakeven | 206.8% | 114.4% |
| Time to Breakeven | 723 days | 1085 days |
In The Past
Banc of California's stock fell -23.2% during the 2025 US Tariff Shock. Such a loss loss requires a 30.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Banc of California (BANC)
AI Analysis | Feedback
```html- A localized, Southern California version of Wells Fargo.
- Like U.S. Bancorp, but exclusively serving the Southern California market.
AI Analysis | Feedback
- Deposit Accounts: Banc of California offers various deposit products including checking, savings, money market, retirement, and certificate of deposit accounts for individuals and businesses.
- Commercial and Consumer Loans: The company provides a range of loan products such as commercial and industrial loans, real estate loans, construction loans, residential mortgages, and home equity lines of credit.
- Banking and Treasury Management Services: Banc of California offers services like automated bill payment, cash management, foreign exchange, card payments, and online banking solutions.
AI Analysis | Feedback
```htmlBanc of California (symbol: BANC) is a regional bank that serves a diverse customer base, primarily consisting of individuals and businesses. Given the nature of its services, it does not have "major customers" in the traditional sense, but rather a broad array of clients across different segments. Its customer categories include:
- Individual Consumers: This category includes individuals who utilize the bank's deposit products (checking, savings, money market, retirement accounts), single-family residential mortgage loans, home equity lines of credit, and other consumer loans.
- Small to Medium-Sized Businesses: This segment comprises various commercial enterprises that access the bank's commercial and industrial loans, small business administration (SBA) loans, business deposit accounts, cash and treasury management services, automated clearing house (ACH) origination, and wire transfer services.
- Real Estate Investors and Developers: Banc of California specifically targets this segment with commercial real estate loans, multifamily loans, and construction loans, supporting projects and investments within the Southern California market.
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Jared Wolff, Chairman, Chief Executive Officer and President
Jared Wolff is the Chairman, Chief Executive Officer, and President of Banc of California, Inc. He joined Banc of California in March 2019. Prior to his current role, he served as President and a member of the Board of Directors of Pacific Western Bank, a subsidiary of PacWest Bancorp, from 2002 to 2014. During his tenure at PacWest, he oversaw more than 20 acquisitions, including the $2.3 billion acquisition of CapitalSource in 2013. Before joining Banc of California, he was Executive Vice President and General Counsel at City National Bank. He is also a member of the FTV Capital Strategic Advisory Board, indicating experience with private equity firms.
Joseph Kauder, Executive Vice President, Chief Financial Officer
Joseph Kauder joined Banc of California as Executive Vice President and Chief Financial Officer in July 2023. He brings over 30 years of experience in the banking and financial services industry, including more than 15 years in executive finance positions at Wells Fargo Corporation. At Wells Fargo, his roles included Chief Financial Officer for the commercial banking segment and the wholesale banking segment. Mr. Kauder began his career at PricewaterhouseCoopers LLP. After leaving Wells Fargo in 2021 and before joining Banc of California, he was involved with a start-up blockchain company and served as an Industry Advisor for Armstrong Wolfe Ltd. He played a key role in Banc of California's merger with PacWest Bancorp, handling due diligence, negotiations, and a $400-million capital raise, and also restructured the merged company's balance sheet.
Hamid Hussain, President
Hamid Hussain is the President of Banc of California, responsible for the overall strategy, goals, and execution of the Bank's client-facing teams. He joined Banc of California in 2019 as President of Commercial and Real Estate Banking and was promoted to President of the Bank effective January 1, 2023. With over 30 years of experience in financial services, capital markets, and corporate finance, Mr. Hussain previously spent a decade at Wells Fargo Bank as Executive Vice President, Real Estate Market Executive in the Commercial Banking group.
Bryan Corsini, Executive Vice President, Chief Credit Officer
Bryan Corsini serves as the Executive Vice President and Chief Credit Officer of Banc of California. He has over 36 years of experience in leadership roles within the financial services industry. From April 2014 to December 2023, he was the Executive Vice President and Chief Credit Officer of PacWest Bancorp and Executive Vice President of Pacific Western Bank. His prior experience includes serving as Executive Vice President and Chief Administrative Officer of CapitalSource Bank, and Chief Credit Officer of CapitalSource Inc. He was also an Executive Vice President with Fleet Capital Corporation and an advisor at Kairos Capital Partners LLC, a firm that invests in private companies.
Ido Dotan, Executive Vice President, General Counsel and Chief Administrative Officer
Ido Dotan is the Executive Vice President, General Counsel, and Chief Administrative Officer of Banc of California. He possesses extensive experience in managing in-house legal departments and advising on transactional, regulatory, and corporate governance matters. Before joining Banc of California, Mr. Dotan was Executive Vice President, Assistant General Counsel, and Corporate Secretary of Carrington Mortgage Holdings, LLC. He also held the position of Chief Legal Officer at Arch Bay Capital, LLC, an investment management firm. Mr. Dotan has a background in representing diverse clients, including private equity firms and investment banks, in complex M&A, securities offerings, finance transactions, and venture capital deals.
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Banc of California (BANC) faces several key risks inherent to the banking industry, with particular emphasis on its loan portfolio and the broader economic environment. The most significant risk to Banc of California is **credit quality, especially within its commercial real estate (CRE) loan portfolio**. Deteriorating economic conditions, including inflationary pressures and fluctuations in property values, could adversely affect the company's financial performance by leading to increased loan losses. The company's exposure to residential real estate markets, particularly in California, poses specific risks related to potential property value declines. There have been specific instances of classified CRE loans and concerns about repricing risk hitting multifamily rate-sensitive loans. A second major risk is **interest rate fluctuations and general economic conditions**. As a financial institution, Banc of California's profitability is highly sensitive to changes in interest rates, which can impact its net interest income and the value of its assets. Unpredictable shifts in monetary policy and broader economic downturns can affect loan demand, deposit levels, and overall financial market stability, directly influencing the bank's earnings and financial health. Finally, the **integration risks associated with its merger with PacWest Bancorp** represent a crucial challenge. While strategic, mergers of this scale can disrupt current plans and operations, potentially leading to difficulties in customer and employee retention, higher-than-anticipated costs, and the failure to realize expected revenues, cost savings, or synergies. Successfully integrating the operations, technologies, and cultures of both entities is vital for the combined company's long-term success.AI Analysis | Feedback
The rise of digital-only banks (neobanks) and specialized online financial technology (fintech) companies that offer banking products and services digitally. These entities directly compete with Banc of California's traditional branch-based model for deposits and various loan products (commercial, residential, small business, consumer) by leveraging lower operating costs, superior digital user experiences, and often more competitive rates or streamlined application processes.AI Analysis | Feedback
Banc of California, Inc. (BANC) operates in Southern California, offering a range of banking products and services including deposit accounts, various commercial and consumer loan products, and treasury management services. The addressable markets for its main products and services are sizable within the United States and California.
Deposit Products
The total deposits held by all commercial banks in the U.S. amounted to approximately $18.80 trillion as of February 2026. Another source indicated $18.12 trillion in April 2025. For California, the commercial banking industry, which includes deposits and loans, had a market size of $143.0 billion in 2026.
Commercial and Industrial (C&I) Loans
The market for Commercial and Industrial loans held by all commercial banks in the U.S. was $2.785 trillion as of March 2026. Historically, this market reached a record high of $3.035 trillion in May 2020.
Commercial Real Estate (CRE) and Multifamily Loans
The U.S. commercial real estate mortgage market for income-producing properties was approximately $4.5 trillion as of March 2023. Total commercial real estate mortgage borrowing and lending in the U.S. was estimated at $498 billion in 2024. Commercial real estate loans held by all commercial banks in the U.S. were $3.026 trillion in July 2025. Specifically for multifamily properties, lending volume in the U.S. was estimated at $326 billion in 2024. The Real Estate Loans & Collateralized Debt industry in California, which includes all real estate loans, was valued at $62.3 billion in 2026 and grew at an average annual rate of 6.6% from 2020 to 2025.
Construction Loans
As of March 2023, construction loans in the U.S. totaled $467 billion.
Single Family Residential Mortgage Loans
The U.S. Home Loan Market reached an impressive valuation of $3.5 trillion in 2024. Total single-family mortgage origination volume in the U.S. is expected to increase to $2.2 trillion in 2026, up from an estimated $2.0 trillion in 2025. In California, mortgage lending showed 768,121 loan originations in 2020, with total residential mortgage lending increasing to $1.4 trillion in 2021 from $1.2 trillion in 2020.
Small Business Administration (SBA) Loans and Small Business Lending
The U.S. small business loan market was valued at $245.39 billion in 2023 and is projected to reach $349.64 billion by 2033. Broadly, small business lending in the U.S. is nearly a $1.7 trillion market. In 2023, banks made over $328 billion in loans to small businesses across the U.S. In California, reporting banks issued $9.9 billion in loans to businesses with revenues of $1 million or less in 2023, with total new lending to businesses through loans of $1 million or less at $29.7 billion. In 2021, these figures were $11.7 billion and $45.6 billion, respectively. SBA lending in Orange County saw a total dollar volume of $265.3 million in 2024.
Treasury Management Services
The global Treasury Management market was valued at $5.20 billion in 2023 and is projected to reach $16.77 billion by 2032. North America is a dominant region in the global treasury management market, accounting for approximately 40% of the market share.
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Banc of California (BANC) is expected to drive future revenue growth over the next 2-3 years through several key strategies and market trends:
- Loan Portfolio Expansion: The company anticipates continued growth in its loan portfolio, particularly focusing on warehouse lending, fund finance, commercial and industrial (C&I) loans, and single-family residential (SFR) lending. Banc of California achieved 15% annualized loan growth in Q4 2025, which is expected to provide a tailwind for net interest income in 2026.
- Net Interest Income (NII) and Net Interest Margin (NIM) Expansion: Banc of California has experienced a significant increase in its net interest margin, reaching 3.04% in Q4 2024 and 3.2% in Q4 2025. Management projects full-year net interest income to increase by 10-12% from 2025 to 2026, driven by factors such as reducing deposit costs and originating new loans at higher rates.
- Geographic and Relationship Expansion: The bank is focused on expanding its general banking franchise and cultivating new client relationships in strategic regions, including California, Colorado, and North Carolina.
- Growth in Payment Solutions: Banc of California has identified its Payment Solutions business as an area with significant growth potential. The company has recently made moves to enhance this segment, including appointing a new Executive Director, Head of Payments.
- Increase in Non-Interest-Bearing Deposits: The bank has successfully focused on growing its non-interest-bearing deposits, which helps to lower its overall cost of deposits and improve its net interest margin, thereby contributing positively to revenue.
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Share Repurchases
- Banc of California repurchased $35 million of shares in the third quarter of 2025, bringing the year-to-date total to $185 million, representing 8.1% of outstanding shares.
- For the full year 2025, the company repurchased 13.6 million shares, representing 8% of outstanding stock, for $185.5 million.
- In April 2025, the company completed a $150 million share buyback program, repurchasing 6.8% of its shares, and subsequently announced an additional $150 million buyback program, expanding the total authorization to $300 million to cover both common and preferred stock.
Share Issuance
- In conjunction with the strategic merger with PacWest Bancorp completed on November 30, 2023, Banc of California executed a $400 million equity capital raise to bolster its capital base.
Outbound Investments
- Banc of California completed a strategic merger with PacWest Bancorp on November 30, 2023, which was treated as a reverse merger for accounting purposes, enhancing its market position and operational scale.
Capital Expenditures
- Capital expenditures for Banc of California were $20.83 million in 2025, $13.05 million in 2024, $15.22 million in 2023, $20.13 million in 2022, and $17.26 million in 2021.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 59.70 |
| Mkt Cap | 8.6 |
| Rev LTM | 2,733 |
| Op Inc LTM | - |
| FCF LTM | 712 |
| FCF 3Y Avg | 593 |
| CFO LTM | 743 |
| CFO 3Y Avg | 611 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 13.8% |
| Rev Chg 3Y Avg | 10.5% |
| Rev Chg Q | 13.3% |
| QoQ Delta Rev Chg LTM | 3.1% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 40.9% |
| CFO/Rev 3Y Avg | 37.0% |
| FCF/Rev LTM | 38.8% |
| FCF/Rev 3Y Avg | 34.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 8.6 |
| P/S | 3.1 |
| P/Op Inc | - |
| P/EBIT | - |
| P/E | 11.7 |
| P/CFO | 8.9 |
| Total Yield | 10.9% |
| Dividend Yield | 2.2% |
| FCF Yield 3Y Avg | 11.6% |
| D/E | 0.3 |
| Net D/E | -0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.9% |
| 3M Rtn | -2.5% |
| 6M Rtn | 15.8% |
| 12M Rtn | 36.6% |
| 3Y Rtn | 112.8% |
| 1M Excs Rtn | -5.3% |
| 3M Excs Rtn | -6.5% |
| 6M Excs Rtn | 6.3% |
| 12M Excs Rtn | 8.3% |
| 3Y Excs Rtn | 43.6% |
Price Behavior
| Market Price | $18.81 | |
| Market Cap ($ Bil) | 2.9 | |
| First Trading Date | 10/01/2002 | |
| Distance from 52W High | -10.2% | |
| 50 Days | 200 Days | |
| DMA Price | $18.19 | $17.94 |
| DMA Trend | up | down |
| Distance from DMA | 3.4% | 4.8% |
| 3M | 1YR | |
| Volatility | 29.4% | 29.5% |
| Downside Capture | 160.07 | 117.80 |
| Upside Capture | 91.34 | 121.27 |
| Correlation (SPY) | 59.2% | 53.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.91 | 0.95 | 1.14 | 1.08 | 1.35 | 1.32 |
| Up Beta | 1.09 | 1.18 | 1.29 | 1.42 | 1.63 | 1.24 |
| Down Beta | -1.38 | 0.75 | 0.59 | 0.76 | 1.40 | 1.19 |
| Up Capture | 76% | 85% | 103% | 119% | 136% | 300% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 13 | 24 | 35 | 68 | 136 | 375 |
| Down Capture | 37% | 96% | 139% | 98% | 112% | 109% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 9 | 19 | 29 | 56 | 115 | 370 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BANC | |
|---|---|---|---|---|
| BANC | 39.8% | 29.4% | 1.14 | - |
| Sector ETF (XLF) | 4.9% | 14.5% | 0.11 | 64.6% |
| Equity (SPY) | 29.5% | 12.0% | 1.86 | 53.5% |
| Gold (GLD) | 35.5% | 26.8% | 1.11 | -1.2% |
| Commodities (DBC) | 42.9% | 18.7% | 1.77 | -18.8% |
| Real Estate (VNQ) | 15.2% | 13.1% | 0.82 | 40.0% |
| Bitcoin (BTCUSD) | -29.5% | 41.7% | -0.73 | 30.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BANC | |
|---|---|---|---|---|
| BANC | 3.6% | 36.3% | 0.18 | - |
| Sector ETF (XLF) | 8.4% | 18.6% | 0.33 | 63.5% |
| Equity (SPY) | 14.0% | 17.0% | 0.64 | 52.3% |
| Gold (GLD) | 18.8% | 18.0% | 0.85 | 0.7% |
| Commodities (DBC) | 10.4% | 19.4% | 0.42 | 12.0% |
| Real Estate (VNQ) | 3.8% | 18.8% | 0.10 | 48.1% |
| Bitcoin (BTCUSD) | 12.2% | 55.3% | 0.42 | 19.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BANC | |
|---|---|---|---|---|
| BANC | 2.3% | 43.2% | 0.21 | - |
| Sector ETF (XLF) | 12.9% | 22.1% | 0.53 | 64.0% |
| Equity (SPY) | 15.7% | 17.9% | 0.75 | 49.0% |
| Gold (GLD) | 13.0% | 16.0% | 0.67 | -5.2% |
| Commodities (DBC) | 7.8% | 17.9% | 0.35 | 18.1% |
| Real Estate (VNQ) | 5.5% | 20.7% | 0.23 | 45.9% |
| Bitcoin (BTCUSD) | 67.2% | 66.9% | 1.06 | 13.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/22/2026 | 2.8% | -0.6% | 2.3% |
| 1/21/2026 | -1.8% | -4.9% | -4.9% |
| 10/22/2025 | -2.0% | 0.4% | 0.7% |
| 7/23/2025 | -4.4% | -2.7% | 2.0% |
| 4/23/2025 | -2.0% | -1.9% | 0.8% |
| 1/23/2025 | -2.3% | -0.1% | -6.7% |
| 10/22/2024 | 4.2% | 7.0% | 8.4% |
| 7/23/2024 | -5.8% | -4.9% | -5.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 10 | 7 | 16 |
| # Negative | 14 | 17 | 8 |
| Median Positive | 2.7% | 4.8% | 4.3% |
| Median Negative | -2.0% | -3.4% | -5.7% |
| Max Positive | 7.9% | 7.0% | 18.3% |
| Max Negative | -7.5% | -7.6% | -17.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/08/2026 | 10-Q |
| 12/31/2025 | 02/27/2026 | 10-K |
| 09/30/2025 | 11/10/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/03/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/10/2024 | 10-Q |
| 12/31/2023 | 02/29/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/08/2023 | 10-Q |
| 12/31/2022 | 02/27/2023 | 10-K |
| 09/30/2022 | 11/07/2022 | 10-Q |
| 06/30/2022 | 08/08/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Corsini, Bryan M | CHIEF CREDIT OFFICER | Direct | Sell | 4292026 | 18.52 | 10,399 | 192,589 | 1,550,309 | Form |
| 2 | Corsini, Bryan M | CHIEF CREDIT OFFICER | Direct | Sell | 4292026 | 18.52 | 10,399 | 192,589 | 1,550,309 | Form |
| 3 | Warburg, Pincus Llc | See footnotes | Sell | 2172026 | 20.10 | 4,250,000 | 85,425,000 | 53,068,904 | Form | |
| 4 | Warburg, Pincus Llc | See footnotes | Sell | 2172026 | 20.10 | 4,250,000 | 85,425,000 | 53,068,904 | Form | |
| 5 | Hussain, Hamid | PRESIDENT OF THE BANK | Direct | Buy | 2102026 | 21.12 | 14,000 | 295,680 | 1,276,577 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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