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Banc of California, Inc. operates as the bank holding company for Banc of California that provides various banking products and services. The company offers deposit products, such as checking, savings, money market, demand, and time deposits; certificates of deposit; retirement accounts; and safe deposit boxes. It also provides real estate loans to professional developers and real estate investors for the acquisition, construction, refinancing, renovation, and on-going operation of commercial real estate properties; commercial real estate mortgage, residential real estate mortgage, and real estate construction and land loans; commercial loans and leases, such as equipment and lender finance, other asset-based, venture capital, secured business, warehouse, and other lending services; small business administration lending; and consumer loans comprising personal, auto, and other loans, as well as home equity and revolving lines of credit. In addition, the company offers international banking, multi-state deposit, and asset and investment management services; automated bill payments; cash and treasury management, foreign exchange, card payment, mobile deposit capture, automated clearing house origination, wire transfer, and direct deposit services; and online, mobile, remote deposit, and telephone banking 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. The company was founded in 1941 and is headquartered in Los Angeles, California.
Merger Dynamics | Delve into Banc of California's integration of PACW, exploring challenges and opportunities in market expansion and operational synergies |
Financial Resilience | Uncover how Banc of California's improved balance sheet and NIM performance are shaping its financial outlook amid integration complexities |
Growth Trajectory | Explore Banc of California's optimistic loan growth projections for 2025, driven by expanded capabilities and market reach post-merge |
Valuation Insights | Analysts set average price target at $19, with BANC trading at 0.9x book value. Learn how expense management and NIM could impact future performance |
Metrics to compare | BANC | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipBANCPeersSector | |
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P/E Ratio | 21.8x | 12.2x | 9.7x | |
PEG Ratio | 0.20 | 0.45 | 0.03 | |
Price/Book | 0.8x | 1.1x | 1.0x | |
Price / LTM Sales | 2.5x | 3.6x | 2.9x | |
Upside (Analyst Target) | 12.8% | 5.7% | 9.7% | |
Fair Value Upside | Unlock | −1.8% | 1.4% | Unlock |