Banc of California Inc. (BANC)
Banc of California Statistics
Share Statistics
Banc of California has 169.08M shares outstanding. The number of shares has increased by 0.15% in one year.
| Shares Outstanding | 169.08M |
| Shares Change (YoY) | 0.15% |
| Shares Change (QoQ) | 0.01% |
| Owned by Institutions (%) | 91.41% |
| Shares Floating | 148.37M |
| Failed to Deliver (FTD) Shares | 65 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 15.1M, so 8.93% of the outstanding shares have been sold short.
| Short Interest | 15.1M |
| Short % of Shares Out | 8.93% |
| Short % of Float | 11.43% |
| Short Ratio (days to cover) | 5.44 |
Valuation Ratios
The PE ratio is 20.52 and the forward PE ratio is 8. Banc of California's PEG ratio is -0.19.
| PE Ratio | 20.52 |
| Forward PE | 8 |
| PS Ratio | 1.44 |
| Forward PS | 1.7 |
| PB Ratio | 0.74 |
| P/FCF Ratio | 153.34 |
| PEG Ratio | -0.19 |
Enterprise Valuation
Banc of California has an Enterprise Value (EV) of 4.75B.
| EV / Sales | 2.62 |
| EV / EBITDA | 0 |
| EV / EBIT | 279.45 |
| EV / FCF | 279.45 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 0.67.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 0.67 |
| Debt / EBITDA | - |
| Debt / FCF | 137.42 |
| Interest Coverage | 1.66 |
Financial Efficiency
Return on Equity is 3.63% and Return on Invested Capital is 18.14%.
| Return on Equity | 3.63% |
| Return on Assets | 0.38% |
| Return on Invested Capital | 18.14% |
| Revenue Per Employee | $952.55K |
| Profits Per Employee | $66.68K |
| Employee Count | 1,903 |
| Asset Turnover | 0.05 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 41.77M |
| Effective Tax Rate | 24.76% |
Stock Price Statistics
The stock price has increased by -4.35% in the last 52 weeks. The beta is 0.86, so Banc of California's price volatility has been higher than the market average.
| Beta | 0.86 |
| 52-Week Price Change | -4.35% |
| 50-Day Moving Average | 14.21 |
| 200-Day Moving Average | 14.8 |
| Relative Strength Index (RSI) | 47.47 |
| Average Volume (20 Days) | 2.74M |
Income Statement
In the last 12 months, Banc of California had revenue of 1.81B and earned 126.89M in profits. Earnings per share was 0.99.
| Revenue | 1.81B |
| Gross Profit | 1.81B |
| Operating Income | 1.47B |
| Net Income | 126.89M |
| EBITDA | 0 |
| EBIT | 1.06B |
| Earnings Per Share (EPS) | 0.99 |
Balance Sheet
The company has 192.01M in cash and 2.33B in debt, giving a net cash position of -2.14B.
| Cash & Cash Equivalents | 192.01M |
| Total Debt | 2.33B |
| Net Cash | -2.14B |
| Retained Earnings | -431.2M |
| Total Assets | 33.54B |
| Working Capital | 2.44B |
Cash Flow
In the last 12 months, operating cash flow was 16.98M and capital expenditures 0, giving a free cash flow of 16.98M.
| Operating Cash Flow | 16.98M |
| Capital Expenditures | 0 |
| Free Cash Flow | 16.98M |
| FCF Per Share | 0.1 |
Margins
Gross margin is 100%, with operating and profit margins of 81.17% and 7%.
| Gross Margin | 100% |
| Operating Margin | 81.17% |
| Pretax Margin | 9.3% |
| Profit Margin | 7% |
| EBITDA Margin | n/a |
| EBIT Margin | 81.17% |
| FCF Margin | 0.94% |
Dividends & Yields
BANC pays an annual dividend of $0.5, which amounts to a dividend yield of 2.87%.
| Dividend Per Share | $0.50 |
| Dividend Yield | 2.87% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 96.15% |
| Earnings Yield | 4.87% |
| FCF Yield | 0.65% |
Analyst Forecast
The average price target for BANC is $18, which is 36.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $18 |
| Price Target Difference | 36.4% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
Scores
| Altman Z-Score | 0.18 |
| Piotroski F-Score | 5 |