BANC OF CALIFORNIA INC (BANC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BANC - US05990K1060 - Common Stock
19.83 USD
-0.08 (-0.4%)
19.83 USD
0 (0%)
BANC gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 387 industry peers in the Banks industry. BANC may be in some trouble as it scores bad on both profitability and health. BANC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
BANC had positive earnings in the past year.
BANC had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: BANC reported negative net income in multiple years.
BANC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BANC's Return On Assets of 0.50% is on the low side compared to the rest of the industry. BANC is outperformed by 79.07% of its industry peers.
Looking at the Return On Equity, with a value of 4.87%, BANC is doing worse than 78.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.5% | ||
| ROE | 4.87% | ||
| ROIC | N/A |
ROA(3y)-1.17%
ROA(5y)-0.6%
ROE(3y)-14.21%
ROE(5y)-7.6%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 15.47%, BANC is not doing good in the industry: 75.97% of the companies in the same industry are doing better.
BANC's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for BANC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 15.47% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-22.37%
PM growth 5Y54.11%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BANC does not have a ROIC to compare to the WACC, probably because it is not profitable.
BANC has more shares outstanding than it did 1 year ago.
The number of shares outstanding for BANC has been increased compared to 5 years ago.
Compared to 1 year ago, BANC has an improved debt to assets ratio.
2.2 Solvency
BANC has a debt to FCF ratio of 5.55. This is a neutral value as BANC would need 5.55 years to pay back of all of its debts.
The Debt to FCF ratio of BANC (5.55) is worse than 73.90% of its industry peers.
A Debt/Equity ratio of 0.36 indicates that BANC is not too dependend on debt financing.
BANC's Debt to Equity ratio of 0.36 is on the low side compared to the rest of the industry. BANC is outperformed by 71.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 5.55 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC17.55%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BANC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -45.81%.
BANC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 40.46% yearly.
Looking at the last year, BANC shows a small growth in Revenue. The Revenue has grown by 5.12% in the last year.
Measured over the past years, BANC shows a very strong growth in Revenue. The Revenue has been growing by 30.97% on average per year.
EPS 1Y (TTM)-45.81%
EPS 3Y-8.77%
EPS 5Y40.46%
EPS Q2Q%52%
Revenue 1Y (TTM)5.12%
Revenue growth 3Y54.37%
Revenue growth 5Y30.97%
Sales Q2Q%10.15%
3.2 Future
BANC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 35.90% yearly.
The Revenue is expected to grow by 9.08% on average over the next years. This is quite good.
EPS Next Y39.02%
EPS Next 2Y46.04%
EPS Next 3Y35.9%
EPS Next 5YN/A
Revenue Next Year2.96%
Revenue Next 2Y8.47%
Revenue Next 3Y9.08%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BANC is valuated rather expensively with a Price/Earnings ratio of 18.03.
Based on the Price/Earnings ratio, BANC is valued a bit more expensive than the industry average as 77.52% of the companies are valued more cheaply.
BANC is valuated rather cheaply when we compare the Price/Earnings ratio to 26.76, which is the current average of the S&P500 Index.
BANC is valuated reasonably with a Price/Forward Earnings ratio of 11.34.
BANC's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of BANC to the average of the S&P500 Index (23.96), we can say BANC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.03 | ||
| Fwd PE | 11.34 |
4.2 Price Multiples
BANC's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.26 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
BANC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
BANC's earnings are expected to grow with 35.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.46
PEG (5Y)0.45
EPS Next 2Y46.04%
EPS Next 3Y35.9%
5. Dividend
5.1 Amount
BANC has a Yearly Dividend Yield of 2.11%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.11, BANC is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.31, BANC has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.11% |
5.2 History
The dividend of BANC has a limited annual growth rate of 0.59%.
BANC has been paying a dividend for at least 10 years, so it has a reliable track record.
BANC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.59%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
BANC pays out 63.67% of its income as dividend. This is not a sustainable payout ratio.
BANC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP63.67%
EPS Next 2Y46.04%
EPS Next 3Y35.9%
19.83
-0.08 (-0.4%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners89.5%
Inst Owner Change-0.25%
Ins Owners0.81%
Ins Owner Change-3.9%
Market Cap3.00B
Revenue(TTM)1.09B
Net Income(TTM)168.71M
Analysts84.71
Price Target21.1 (6.4%)
Short Float %6.39%
Short Ratio2.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.11% |
Yearly Dividend0.64
Dividend Growth(5Y)0.59%
DP63.67%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-19.77%
Min EPS beat(2)-55.21%
Max EPS beat(2)15.66%
EPS beat(4)3
Avg EPS beat(4)3.07%
Min EPS beat(4)-55.21%
Max EPS beat(4)34.53%
EPS beat(8)5
Avg EPS beat(8)252.12%
EPS beat(12)6
Avg EPS beat(12)167.19%
EPS beat(16)7
Avg EPS beat(16)122.58%
Revenue beat(2)0
Avg Revenue beat(2)-3.41%
Min Revenue beat(2)-5.78%
Max Revenue beat(2)-1.04%
Revenue beat(4)0
Avg Revenue beat(4)-5.44%
Min Revenue beat(4)-8.4%
Max Revenue beat(4)-1.04%
Revenue beat(8)1
Avg Revenue beat(8)-5.94%
Revenue beat(12)2
Avg Revenue beat(12)-4.87%
Revenue beat(16)6
Avg Revenue beat(16)-2.91%
PT rev (1m)0.89%
PT rev (3m)15.86%
EPS NQ rev (1m)-0.02%
EPS NQ rev (3m)5.29%
EPS NY rev (1m)0.72%
EPS NY rev (3m)5.93%
Revenue NQ rev (1m)1.35%
Revenue NQ rev (3m)0.28%
Revenue NY rev (1m)-3.84%
Revenue NY rev (3m)-2.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.03 | ||
| Fwd PE | 11.34 | ||
| P/S | 2.75 | ||
| P/FCF | 13.26 | ||
| P/OCF | 12.86 | ||
| P/B | 0.87 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.1
EY5.55%
EPS(NY)1.75
Fwd EY8.82%
FCF(TTM)1.5
FCFY7.54%
OCF(TTM)1.54
OCFY7.78%
SpS7.21
BVpS22.91
TBVpS20.76
PEG (NY)0.46
PEG (5Y)0.45
Graham Number23.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.5% | ||
| ROE | 4.87% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 15.47% | ||
| GM | N/A | ||
| FCFM | 20.74% |
ROA(3y)-1.17%
ROA(5y)-0.6%
ROE(3y)-14.21%
ROE(5y)-7.6%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-22.37%
PM growth 5Y54.11%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 5.55 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 8.87% | ||
| Cap/Sales | 0.65% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 134.07% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC17.55%
ROIC/WACCN/A
Cap/Depr(3y)34.12%
Cap/Depr(5y)31.91%
Cap/Sales(3y)2.54%
Cap/Sales(5y)2.15%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-45.81%
EPS 3Y-8.77%
EPS 5Y40.46%
EPS Q2Q%52%
EPS Next Y39.02%
EPS Next 2Y46.04%
EPS Next 3Y35.9%
EPS Next 5YN/A
Revenue 1Y (TTM)5.12%
Revenue growth 3Y54.37%
Revenue growth 5Y30.97%
Sales Q2Q%10.15%
Revenue Next Year2.96%
Revenue Next 2Y8.47%
Revenue Next 3Y9.08%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y105.26%
FCF growth 3Y-14.49%
FCF growth 5Y-1.45%
OCF growth 1Y95.08%
OCF growth 3Y-9.88%
OCF growth 5Y-0.74%
BANC OF CALIFORNIA INC / BANC FAQ
What is the ChartMill fundamental rating of BANC OF CALIFORNIA INC (BANC) stock?
ChartMill assigns a fundamental rating of 3 / 10 to BANC.
What is the valuation status of BANC OF CALIFORNIA INC (BANC) stock?
ChartMill assigns a valuation rating of 5 / 10 to BANC OF CALIFORNIA INC (BANC). This can be considered as Fairly Valued.
Can you provide the profitability details for BANC OF CALIFORNIA INC?
BANC OF CALIFORNIA INC (BANC) has a profitability rating of 2 / 10.
What is the valuation of BANC OF CALIFORNIA INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BANC OF CALIFORNIA INC (BANC) is 18.03 and the Price/Book (PB) ratio is 0.87.
What is the expected EPS growth for BANC OF CALIFORNIA INC (BANC) stock?
The Earnings per Share (EPS) of BANC OF CALIFORNIA INC (BANC) is expected to grow by 39.02% in the next year.