BANC RSI Chart
Last 7 days
-2.7%
Last 30 days
-2.9%
Last 90 days
10.3%
Trailing 12 Months
13.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 395.4M | 423.2M | 443.4M | 2.0B |
2022 | 307.3M | 326.1M | 350.2M | 372.8M |
2021 | 284.5M | 281.5M | 283.6M | 291.7M |
2020 | 355.1M | 323.8M | 300.8M | 290.6M |
2019 | 434.8M | 433.7M | 418.5M | 391.1M |
2018 | 389.1M | 397.8M | 408.8M | 422.8M |
2017 | 387.6M | 393.1M | 391.8M | 389.2M |
2016 | 286.6M | 312.7M | 344.3M | 369.8M |
2015 | 206.1M | 227.4M | 247.2M | 266.3M |
2014 | 144.1M | 161.0M | 173.8M | 188.1M |
2013 | 63.9M | 80.2M | 97.4M | 120.5M |
2012 | 36.6M | 38.3M | 46.2M | 55.0M |
2011 | 39.4M | 38.0M | 36.2M | 35.2M |
2010 | 0 | 44.8M | 42.9M | 40.9M |
2009 | 0 | 0 | 0 | 46.7M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 14, 2024 | lashley richard j | bought | 108,562 | 14.475 | 7,500 | - |
Mar 09, 2024 | sotoodeh john k | sold (taxes) | -10,669 | 14.86 | -718 | chief operating officer |
Mar 09, 2024 | hussain hamid | sold (taxes) | -10,253 | 14.86 | -690 | president of the bank |
Mar 09, 2024 | lindsay olivia i | sold (taxes) | -2,318 | 14.86 | -156 | chief risk officer |
Mar 09, 2024 | dyck robert g | sold (taxes) | -7,682 | 14.86 | -517 | chief credit officer |
Mar 09, 2024 | dotan ido | sold (taxes) | -10,149 | 14.86 | -683 | general counsel, corp secrty |
Mar 09, 2024 | wolff jared m | sold (taxes) | -47,834 | 14.86 | -3,219 | president and ceo |
Mar 02, 2024 | dotan ido | sold (taxes) | -9,246 | 14.38 | -643 | general counsel, corp secrty |
Mar 02, 2024 | dyck robert g | sold (taxes) | -8,426 | 14.38 | -586 | chief credit officer |
Mar 02, 2024 | lindsay olivia i | sold (taxes) | -3,422 | 14.38 | -238 | chief risk officer |
Which funds bought or sold BANC recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 17, 2024 | Private Ocean, LLC | unchanged | - | 194 | 1,658 | -% |
Apr 16, 2024 | Hodges Capital Management Inc. | added | 288 | 20,542,000 | 26,587,000 | 1.69% |
Apr 16, 2024 | HENNESSY ADVISORS INC | added | 44.31 | 1,475,860 | 3,802,500 | 0.16% |
Apr 16, 2024 | First Dallas Securities Inc. | new | - | 608,000 | 608,000 | 0.28% |
Apr 16, 2024 | Register Financial Advisors LLC | new | - | 2,483 | 2,483 | -% |
Apr 15, 2024 | ATLAS CAPITAL ADVISORS LLC | unchanged | - | 66,015 | 564,093 | 0.09% |
Apr 15, 2024 | Sunbelt Securities, Inc. | unchanged | - | 80.00 | 684 | -% |
Apr 15, 2024 | Future Financial Wealth Managment LLC | new | - | 60,840 | 60,840 | 0.02% |
Apr 12, 2024 | Global Assets Advisory, LLC | new | - | 3,340,000 | 3,340,000 | 0.15% |
Apr 12, 2024 | AdvisorNet Financial, Inc | unchanged | - | 28.00 | 243 | -% |
Unveiling Banc of California Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Banc of California Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 1304.0% | 1,632 | 116 | 116 | 107 | 104 | 96.00 | 88.00 | 84.00 | 82.00 | 72.00 | 70.00 | 69.00 | 74.00 | 70.00 | 73.00 | 75.00 | 84.00 | 93.00 | 104 | 111 | 111 |
EBITDA Margin | -165.2% | -0.72* | 1.10* | 1.03* | 1.15* | 1.34* | 1.35* | 1.39* | 1.38* | 1.22* | 1.27* | 1.21* | 1.01* | 0.88* | 0.81* | 0.64* | 0.73* | 0.75* | 0.72* | 0.80* | 0.80* | 0.81* |
Interest Expenses | 673.2% | 535 | 69.00 | 70.00 | 73.00 | 80.00 | 79.00 | 78.00 | 76.00 | 73.00 | 63.00 | 60.00 | 58.00 | 62.00 | 56.00 | 55.00 | 52.00 | 57.00 | 59.00 | 65.00 | 68.00 | 71.00 |
Income Taxes | -2207.3% | -342 | 16.00 | 7.00 | 7.00 | 9.00 | 10.00 | 10.00 | 19.00 | 3.00 | 9.00 | 7.00 | 2.00 | 7.00 | 2.00 | -5.30 | -2.16 | 3.00 | -5.62 | 4.00 | 3.00 | 6.00 |
Earnings Before Taxes | -4047.6% | -2,322 | 59.00 | 25.00 | 28.00 | 31.00 | 34.00 | 37.00 | 67.00 | 9.00 | 32.00 | 26.00 | 17.00 | 29.00 | 18.00 | -23.75 | -8.76 | 17.00 | -19.75 | 21.00 | 10.00 | 17.00 |
EBT Margin | -451.0% | -1.12* | 0.32* | 0.28* | 0.33* | 0.45* | 0.42* | 0.44* | 0.43* | 0.28* | 0.36* | 0.32* | 0.14* | 0.05* | 0.01* | -0.11* | 0.03* | 0.07* | 0.07* | 0.14* | 0.13* | 0.11* |
Net Income | -4750.4% | -1,979 | 43.00 | 18.00 | 20.00 | 22.00 | 24.00 | 27.00 | 49.00 | 6.00 | 23.00 | 19.00 | 14.00 | 22.00 | 16.00 | -18.45 | -6.59 | 14.00 | -14.13 | 17.00 | 7.00 | 11.00 |
Net Income Margin | -517.8% | -0.96* | 0.23* | 0.20* | 0.23* | 0.32* | 0.30* | 0.32* | 0.31* | 0.21* | 0.28* | 0.25* | 0.12* | 0.04* | 0.02* | -0.08* | 0.03* | 0.06* | 0.05* | 0.11* | 0.10* | 0.11* |
Free Cashflow | -15.5% | 34.00 | 41.00 | 37.00 | 8.00 | 24.00 | 34.00 | 69.00 | 5.00 | 29.00 | 11.00 | 39.00 | 23.00 | 36.00 | 40.00 | -10.07 | 5.00 | 18.00 | 31.00 | 5.00 | 15.00 | 25.00 |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 |
Assets | 358.4% | 38,534 | 8,405 | 9,247 | 9,370 | 10,039 | 41,229 | 9,369 | 9,502 | 9,584 | 9,394 | 4,363 | 8,027 | 7,933 | 7,905 | 7,877 | 7,738 | 7,770 | 7,663 | 7,828 | 8,625 | 9,360 |
Cash Equivalents | - | 5,378 | - | 311 | 284 | 1,011 | 2,240 | 256 | 243 | 254 | 4,057 | 186 | 163 | 380 | - | 3,161 | 292 | 421 | 436 | 373 | 527 | 314 |
Net PPE | - | 147 | - | 109 | 108 | 108 | 54.00 | 108 | 109 | 110 | 113 | 114 | 119 | 120 | - | 122 | 124 | 125 | 127 | 128 | 129 | 129 |
Goodwill | - | 199 | - | 114 | 114 | 114 | 1,377 | 114 | 95.00 | 95.00 | 1,406 | 37.00 | 37.00 | 37.00 | - | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 |
Liabilities | 353.9% | 35,143 | 7,742 | 8,245 | 8,413 | 9,080 | 37,278 | 8,417 | 8,553 | 8,605 | 8,328 | 4,125 | 7,198 | 7,129 | 7,054 | 6,980 | 6,864 | 6,923 | 6,828 | 6,921 | 7,724 | 8,396 |
Long Term Debt | - | 2,911 | - | - | - | - | 1,764 | - | - | - | - | - | - | - | - | - | - | - | - | 173 | 173 | 173 |
Shareholder's Equity | - | 3,391 | - | 1,002 | 957 | 959 | 3,951 | 952 | 949 | 979 | 4,000 | 845 | 829 | 805 | - | 3,595 | 874 | 847 | 835 | 907 | 901 | 964 |
Retained Earnings | -Infinity% | -518 | - | 312 | 275 | 264 | 1,421 | 231 | 210 | 187 | 148 | 148 | 129 | 115 | - | 110 | 95.00 | 86.00 | 111 | 128 | 120 | 146 |
Additional Paid-In Capital | - | 3,841 | - | 870 | 868 | 866 | 2,821 | 865 | 856 | 855 | 855 | 632 | 631 | 630 | - | 635 | 633 | 632 | 631 | 630 | 629 | 627 |
Shares Outstanding | - | 157 | - | - | - | - | 77.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 615 | - | - | - | 991 | - | - | - | 791 | - | - | - | - | 484 | - | - | - | 634 |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -4.2% | 41,741 | 43,591 | 39,363 | 11,073 | 591,465 | 35,359 | 69,883 | 5,265 | 427,257 | 11,610 | 40,186 | 23,903 | 36,265 | 40,643 | -9,095 | 7,049 | 20,129 | 33,912 | 7,678 | 18,536 | 26,550 |
Share Based Compensation | 1413.9% | 23,935 | 1,581 | 1,726 | 1,455 | 30,287 | 1,715 | 1,482 | 1,285 | 28,235 | 1,106 | 1,338 | 1,544 | 1,389 | 1,346 | 1,470 | 1,576 | 1,195 | 1,494 | 1,497 | 853 | 1,292 |
Cashflow From Investing | 7120.9% | 12,565,484 | 174,016 | -75,916 | -54,439 | -3,580,855 | 145,644 | 20,114 | -154,973 | -5,297,486 | -210,740 | -295,621 | 89,388 | -217,448 | -98,826 | -107,897 | 157,256 | 631,241 | 929,336 | 552,385 | 682,345 | -391,512 |
Cashflow From Financing | -4918.1% | -9,551,960 | -190,351 | -690,669 | 825,421 | 1,144,443 | -168,009 | -101,174 | 175,826 | 5,801,781 | 221,638 | 39,258 | 45,399 | 109,512 | -69,967 | 101,640 | -101,785 | -804,772 | -750,224 | -550,918 | -787,768 | 384,333 |
Dividend Payments | 456.3% | 31,663 | 5,692 | 5,880 | 5,646 | 109,273 | 3,563 | 3,668 | 3,752 | 110,382 | 3,038 | 2,990 | 3,033 | 2,910 | 3,007 | 3,006 | 2,877 | 3,127 | 3,073 | 3,077 | 6,467 | 6,473 |
Buy Backs | -13437.6% | -12,404 | 93.00 | 93.00 | 3,398 | 44,831 | 20.00 | 30.00 | 4,298 | -15.00 | - | 30.00 | - | -27.50 | 27.00 | 28.00 | 12,041 | - | 46,396 | - | - | -40,250 |
Consolidated Statements of Earnings - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Interest income: | |||
Loans and leases | $ 1,496,357 | $ 1,312,580 | $ 996,457 |
Investment securities | 174,996 | 209,751 | 153,468 |
Deposits in financial institutions | 299,647 | 34,158 | 8,804 |
Total interest income | 1,971,000 | 1,556,489 | 1,158,729 |
Interest expense: | |||
Deposits | 748,423 | 200,449 | 27,808 |
Borrowings | 416,744 | 25,645 | 623 |
Subordinated debt | 58,705 | 39,633 | 26,474 |
Total interest expense | 1,223,872 | 265,727 | 54,905 |
Net interest income | 747,128 | 1,290,762 | 1,103,824 |
Provision for credit losses | 52,000 | 24,500 | (162,000) |
Net interest income after provision for credit losses | 695,128 | 1,266,262 | 1,265,824 |
Noninterest income: | |||
Other commissions and fees | 38,086 | 43,635 | 42,287 |
Leased equipment income | 63,167 | 50,586 | 45,746 |
Service charges on deposit accounts | 16,468 | 13,991 | 13,269 |
(Loss) gain on sale of loans and leases | (161,346) | 518 | 1,733 |
(Loss) gain on sale of securities | (442,413) | (50,321) | 1,615 |
Dividends and gains (losses) on equity investments | 15,731 | (3,389) | 23,115 |
Warrant (loss) income | (718) | 2,490 | 49,341 |
LOCOM HFS Adjustment | (8,461) | 0 | 0 |
Other income | 31,201 | 17,317 | 16,821 |
Total noninterest income | (448,285) | 74,827 | 193,927 |
Noninterest expense: | |||
Compensation | 332,353 | 406,839 | 368,450 |
Occupancy | 61,668 | 60,964 | 58,422 |
Leased equipment depreciation | 34,243 | 35,658 | 35,755 |
Data processing | 44,252 | 38,177 | 30,277 |
Insurance and assessments | 135,666 | 25,486 | 17,365 |
Other professional services | 24,623 | 30,278 | 21,492 |
Customer related expense | 124,104 | 55,273 | 20,504 |
Intangible asset amortization | 11,419 | 13,576 | 12,734 |
Loan expense | 20,458 | 24,572 | 17,031 |
Acquisition, integration and reorganization costs | 142,633 | 5,703 | 9,415 |
Goodwill impairment | 1,376,736 | 29,000 | 0 |
Other expense | 150,026 | 47,995 | 45,972 |
Total noninterest expense | 2,458,181 | 773,521 | 637,417 |
(Loss) earnings before income taxes | (2,211,338) | 567,568 | 822,334 |
Income tax (benefit) expense | 312,201 | (143,955) | (215,375) |
Net (loss) earnings | $ (1,899,137) | $ 423,613 | $ 606,959 |
Basic income per share (usd per share) | $ (22.71) | $ 5.14 | $ 7.76 |
Diluted income per share (usd per share) | $ (22.71) | $ 5.14 | $ 7.76 |
Preferred Stock Dividends, Income Statement Impact | $ 39,788 | $ 19,339 | $ 0 |
Net Income (Loss) Available to Common Stockholders, Diluted | (1,938,925) | 404,274 | 606,959 |
Net Income (Loss) Available to Common Stockholders, Basic | $ (1,938,925) | $ 404,274 | $ 606,959 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | |||||
---|---|---|---|---|---|---|---|
ASSETS: | |||||||
Cash and due from banks | $ 202,427 | $ 212,273 | |||||
Interest-earning deposits in financial institutions | 5,175,149 | 2,027,949 | |||||
Total cash and cash equivalents | 5,377,576 | 2,240,222 | |||||
(amortized cost of $2,699,255 and $5,654,617, respectively) | 2,346,864 | 4,843,487 | |||||
(fair value of $2,168,316 and $2,110,472, respectively) | 2,287,291 | [1] | 2,269,135 | ||||
FRB and FHLB stock, at cost | 126,346 | 34,290 | |||||
Total investment securities | 4,760,501 | 7,146,912 | |||||
Loans held for sale | 122,757 | 65,076 | |||||
Gross loans and leases held for investment | 25,534,730 | 28,726,016 | |||||
Deferred fees, net | (45,043) | (116,887) | |||||
Allowance for loan and lease losses | (281,687) | (200,732) | |||||
Total loans and leases held for investment, net | [2] | 25,208,000 | 28,408,397 | ||||
Equipment leased to others under operating leases | 344,325 | 404,245 | |||||
Premises and equipment, net | 146,798 | 54,315 | |||||
Bank owned life insurance | 339,643 | 207,797 | |||||
Deferred tax asset, net | 739,111 | 281,848 | |||||
Goodwill | 198,627 | 1,376,736 | |||||
Core deposit and customer relationship intangibles, net | 165,477 | 31,381 | |||||
Other assets | 1,131,249 | 1,012,007 | |||||
Total assets | 38,534,064 | 41,228,936 | |||||
LIABILITIES: | |||||||
Noninterest-bearing deposits | 7,774,254 | 11,212,357 | |||||
Interest-bearing deposits | 22,627,515 | 22,723,977 | |||||
Total deposits | 30,401,769 | 33,936,334 | |||||
Long-Term Debt | 2,911,322 | 1,764,030 | |||||
Subordinated debt | 936,599 | 867,087 | |||||
Accrued interest payable and other liabilities | 893,609 | 710,954 | |||||
Total liabilities | 35,143,299 | 37,278,405 | |||||
Commitments and contingencies | |||||||
STOCKHOLDERS' EQUITY: | |||||||
Preferred Stock, Value, Issued | $ 498,516 | $ 498,516 | |||||
Common Stock, Shares, Outstanding | 156,790,349 | 77,393,448 | |||||
Additional paid-in capital | $ 3,840,974 | $ 2,821,064 | |||||
Retained (deficit) earnings | (518,301) | 1,420,624 | |||||
Accumulated other comprehensive loss, net | (432,114) | (790,903) | |||||
Total stockholders' equity | 3,390,765 | 3,950,531 | |||||
Total liabilities and stockholders' equity | 38,534,064 | 41,228,936 | |||||
Other Borrowings, Fair Value Disclosure | 123,116 | 132,030 | |||||
Common Stock | |||||||
STOCKHOLDERS' EQUITY: | |||||||
Common stock ($0.01 par value, 200,000,000 shares authorized at December 31, 2023 and 2022; 122,105,853 and 123,000,557 shares issued, respectively, includes 2,312,080 and 2,312,080 shares of unvested restricted stock, respectively) | $ 1,577 | 1,230 | |||||
Class B Non-Voting | |||||||
STOCKHOLDERS' EQUITY: | |||||||
Common Stock, Shares, Outstanding | 477,321 | ||||||
Common stock ($0.01 par value, 200,000,000 shares authorized at December 31, 2023 and 2022; 122,105,853 and 123,000,557 shares issued, respectively, includes 2,312,080 and 2,312,080 shares of unvested restricted stock, respectively) | $ 5 | 0 | |||||
Nonvoting Common Stock | |||||||
STOCKHOLDERS' EQUITY: | |||||||
Common stock ($0.01 par value, 200,000,000 shares authorized at December 31, 2023 and 2022; 122,105,853 and 123,000,557 shares issued, respectively, includes 2,312,080 and 2,312,080 shares of unvested restricted stock, respectively) | $ 108 | $ 0 | |||||
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