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Banc of California, Inc. (BANC)

Financial Services | Banks - Regional | Los Angeles, United States | NYSE
16.98 USD -0.17 (-0.991%) ⇩ (Oct. 14, 2026, 4 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★☆☆☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 11:12 a.m. EDT

Banc of California presents a classic value trap scenario where the market has priced in severe structural deterioration. While the stock trades at a discount to book value, the fundamentals tell a dire story: the company is currently losing money, with negative profit margins and a return on equity that is effectively zero. The multi-year price trajectory confirms this distress, showing a cumulative decline of nearly 8% over nine years, driven by five consecutive years of negative annual returns. This persistent underperformance suggests the market views the business model as broken, rendering the low forward P/E misleading as a margin of safety. The dividend, while yielding nearly 3%, is not a reliable income signal given the negative earnings and the recent increase in payout frequency which may strain capital reserves. It is better viewed as a return of capital than sustainable income. Short-term, the stock is trapped between a weak statistical forecast and conflicting signals. The forecasting model offers no directional guidance, while options flow reveals a split personality: investors are buying cheap insurance against a crash while simultaneously betting on a sudden reversal. Until the company demonstrates a sustained path to profitability and stabilizes its annual returns, the risk of further deterioration outweighs the potential for a quick bounce. The consensus 'Buy' rating appears to be based on historical cheapness rather than a credible turnaround plan.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.118814
AutoETS0.123501
AutoTheta0.123501
AutoARIMA0.123564

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 40%
H-stat 2.54
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.80
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-09-14
Last Dividend Date 2026-09-14
Revenue per Share 4.431
Market Cap 2,690,104,832
Forward P/E 7.97
Beta 1.21
Profit Margins -3.24%
Previous Name PacWest Bancorp
Website https://bancofcal.com

As of Oct. 10, 2026, 11:12 a.m. EDT: Speculators are positioning defensively with heavy put volume at deep strikes (7.5 and 10.0) across multiple expirations, suggesting a fear of significant downside or a 'lottery ticket' strategy for cheap insurance. Conversely, call activity is concentrated at out-of-the-money strikes (20.0 and 22.5), indicating a speculative bet on a sharp recovery or re-rating rather than steady accumulation. The implied volatility skew shows elevated premiums for downside protection compared to upside potential, reflecting market anxiety despite the low absolute price.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.65% 2.47% 2.67% 2.41%
Dividend History
Date Dividend Yield %
2026-09-15 0.120 0.645161
2026-06-15 0.120 0.607903
2026-03-16 0.120 0.707130
2025-12-15 0.100 0.507357
2025-09-15 0.100 0.603136
2025-06-16 0.100 0.741840
2025-03-14 0.100 0.716332
2024-12-16 0.100 0.592417
2024-09-16 0.100 0.702247
2024-06-14 0.100 0.778816
2024-03-14 0.100 0.704722
2023-12-14 0.100 0.704225
2023-09-14 0.100 0.773395
2023-06-14 0.100 0.819001
2023-03-14 0.100 0.723066
2022-12-14 0.060 0.386100
2022-09-14 0.060 0.352734
2022-06-14 0.060 0.344432
2022-03-14 0.060 0.312012
2021-12-14 0.060 0.303183
2021-09-14 0.060 0.356718
2021-06-14 0.060 0.333704
2021-03-12 0.060 0.281426
2020-12-14 0.060 0.415225
2020-09-14 0.060 0.540541
2020-06-12 0.060 0.559180
2020-03-13 0.060 0.485830
2019-12-17 0.060 0.355030
2019-09-13 0.060 0.408163
2019-06-14 0.060 0.432277
2019-03-14 0.130 0.887978
2018-12-14 0.130 0.933908
2018-09-13 0.130 0.687831
2018-06-14 0.130 0.658228
2018-03-14 0.130 0.620525
2017-12-14 0.130 0.637255
2017-09-14 0.130 0.689655
2017-06-13 0.130 0.582960
2017-03-13 0.130 0.629540
2016-12-13 0.130 0.807453
2016-09-13 0.120 0.564972
2016-06-13 0.120 0.615385
2016-03-11 0.120 0.748130
2015-12-11 0.120 0.857756
2015-09-10 0.120 0.963855
2015-06-11 0.120 0.877193
2015-03-11 0.120 1.029160
2014-12-11 0.120 1.112141
2014-09-10 0.120 1.000000
2014-06-11 0.120 1.081081
2014-03-12 0.120 0.905660
2013-12-18 0.120 0.906344
2013-09-12 0.120 0.881057
2013-06-13 0.120 0.897532
2013-03-14 0.120 1.059135
2012-12-12 0.120 1.017812
2012-09-12 0.120 0.988468
2012-06-13 0.120 0.990099
2012-03-08 0.120 1.075269
2011-12-14 0.120 1.026518
2011-09-07 0.115 1.015004
2011-06-08 0.110 0.688791
2011-03-09 0.105 0.644963
2010-12-08 0.100 0.799360
2010-09-08 0.050 0.512821
2010-06-09 0.050 0.702247
2010-03-10 0.050 0.716332
2009-12-09 0.050 1.041667
2009-09-09 0.050 0.765697
2009-06-10 0.050 0.670241
2009-03-11 0.100 1.666667
2008-12-10 0.185 2.250608
2008-09-10 0.185 1.516393
2008-06-11 0.185 1.227605
2008-03-12 0.185 1.096621
2007-12-12 0.185 0.936709
2007-09-12 0.185 0.803300
2007-06-13 0.185 0.744467
2007-03-13 0.180 0.688337
2006-12-13 0.170 0.610413
2006-09-06 0.160 0.563380
2006-06-07 0.155 0.533747
2006-03-14 0.145 0.509487
2005-12-01 0.140 0.504505
2005-09-07 0.135 0.512334
2005-06-08 0.130 0.511610
2005-03-09 0.125 0.452899
2004-12-01 0.120 0.458015
2004-09-08 0.110 0.459290
2004-06-02 0.075 0.344195
2004-03-10 0.090 0.401786
2003-12-03 0.080 0.362976
2003-09-10 0.070 0.348259
2003-06-04 0.060 0.315789
2003-03-12 0.050 0.315856
Additional Data
dividendYield 2.8
exDividendDate 2026-09-15
trailingAnnualDividendRate 0.44
trailingAnnualDividendYield 0.025655977
lastDividendValue 0.12
lastDividendDate 2026-09-15
dividendDate 2026-10-01

Info Dump

Attribute Value
52 Week Change 0.0912596
Address1 11,611 San Vicente Boulevard
Address2 Suite 500
All Time High 30.51
All Time Low 4.44
Ask 0.0
Ask Size 1,600
Audit Risk 4
Average Analyst Rating 1.8 - Buy
Average Daily Volume10 Day 2,203,590
Average Daily Volume3 Month 2,863,742
Average Volume 2,863,742
Average Volume10Days 2,203,590
Beta 1.206
Bid 0.0
Bid Size 2,300
Board Risk 4
Book Value 18.378
City Los Angeles
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 16.98
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 17.06
Day Low 16.74
Display Name Banc of California
Dividend Date 1,790,812,800
Dividend Yield 2.8
Earnings Call Timestamp End 1,793,217,600
Earnings Call Timestamp Start 1,793,217,600
Earnings Timestamp 1,793,131,200
Earnings Timestamp End 1,793,131,200
Earnings Timestamp Start 1,793,131,200
Ebitda Margins 0.0
Enterprise To Revenue 5.128
Enterprise Value 3,539,640,832
Eps Current Year 1.70474
Eps Forward 2.13025
Eps Trailing Twelve Months -0.42
Esg Populated 0
Ex Dividend Date 1,789,430,400
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 18.3604
Fifty Day Average Change -1.3803997
Fifty Day Average Change Percent -0.07518353
Fifty Two Week Change Percent 9.125959
Fifty Two Week High 21.93
Fifty Two Week High Change -4.950001
Fifty Two Week High Change Percent -0.22571823
Fifty Two Week Low 15.33
Fifty Two Week Low Change 1.6499996
Fifty Two Week Low Change Percent 0.10763207
Fifty Two Week Range 15.33 - 21.93
Financial Currency USD
First Trade Date Milliseconds 1,030,109,400,000
Five Year Avg Dividend Yield 2.01
Float Shares 156,643,952
Forward Eps 2.13025
Forward P E 7.9708953
Full Exchange Name NYSE
Full Time Employees 1,904
Fullday Change -0.1800003
Fullday Change Percent -1.038663
Fullday Price 16.98
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.0
Gross Profits 690,232,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0087
Held Percent Institutions 1.04187
Implied Shares Outstanding 158,427,850
Industry Banks - Regional
Industry Disp Banks - Regional
Industry Key banks-regional
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,789,430,400
Last Dividend Value 0.12
Last Fiscal Year End 1,767,139,200
Long Business Summary Banc of California, Inc. operates as the bank holding company for Banc of California that provides banking and treasury management services in the United States. The company offers deposit products, including checking, savings, money market, demand, and retirement accounts, as well as time deposits, certificates of deposit, and safe deposit boxes. It also provides real estate loans, such as commercial real estate mortgage, multi-family, other residential real estate mortgage, and real estate construction and land loans; commercial loans and leases comprising lender finance, equipment finance, other asset-based, venture capital, secured business, warehouse, and other lending loans; and consumer loans. In addition, the company offers electronic payment services for commercial clients, such as merchant acquiring and card issuing services; automated bill payments, cash and treasury management, master demand accounts, foreign exchange, interest rate swaps, card payment services, remote and mobile deposit capture, automated clearing house origination, wire transfer, and direct deposit; and investment management services. It serves small and middle-market businesses, venture capital and private equity firms, non-profit organizations, business owners, entrepreneurs, professionals, and high-net worth individuals. The company offers its products and services through branches located throughout California; Denver, Colorado; and Durham, North Carolina, as well as through regional offices in the United States. Banc of California, Inc. was founded in 1941 and is headquartered in Los Angeles, California.
Long Name Banc of California, Inc.
Market us_market
Market Cap 2,690,104,832
Market State PRE
Max Age 86,400
Message Board Id finmb_1038352
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-10-15
Net Income To Common -52,298,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,807,341,501
Number Of Analyst Opinions 12
Open 16.83
Operating Cashflow 388,176,992
Operating Margins 2.16263
Overall Risk 7
Payout Ratio 0.3206
Peg Ratio 1.12
Phone 855 361 2262
Prev Name PacWest Bancorp
Previous Close 17.15
Price Eps Current Year 9.960463
Price Hint 2
Price To Book 0.92393076
Price To Sales Trailing12 Months 3.8973923
Profit Margins -0.032420002
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.83333
Region US
Regular Market Change -0.17
Regular Market Change Percent -0.991254
Regular Market Day High 17.06
Regular Market Day Low 16.74
Regular Market Day Range 16.74 - 17.06
Regular Market Open 16.83
Regular Market Previous Close 17.15
Regular Market Price 16.98
Regular Market Time 1,792,008,003
Regular Market Volume 1,773,026
Return On Assets -0.00065
Return On Equity -0.0065499996
Revenue Per Share 4.431
Sand P52 Week Change 0.1570785
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 10
Shares Outstanding 157,950,529
Shares Percent Shares Out 0.07
Shares Short 11,094,612
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 10,130,403
Short Name Banc of California, Inc.
Short Percent Of Float 0.0832
Short Ratio 4.14
Source Interval 15
State CA
Symbol BANC
Target High Price 24.0
Target Low Price 19.0
Target Mean Price 21.83333
Target Median Price 22.0
Total Cash 2,805,081,088
Total Cash Per Share 17.706
Total Debt 3,156,101,120
Total Revenue 690,232,000
Tradeable 0
Trailing Annual Dividend Rate 0.44
Trailing Annual Dividend Yield 0.025655977
Trailing Eps -0.42
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 19.07025
Two Hundred Day Average Change -2.09025
Two Hundred Day Average Change Percent -0.1096079
Type Disp Equity
Volume 1,773,026
Website https://bancofcal.com
Zip 90,049