Banc of California, Inc.

NYSE:BANC Stock Report

Market Cap: US$2.7b

Banc of California Valuation

Is BANC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BANC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

US$18.46
Fair Value
3.5% undervalued intrinsic discount
11
Number of Analysts

Below Fair Value: BANC ($17.81) is trading below our estimate of fair value ($18.46)

Significantly Below Fair Value: BANC is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BANC?

Key metric: As BANC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BANC. This is calculated by dividing BANC's market cap by their current earnings.
What is BANC's PE Ratio?
PE Ratio26x
EarningsUS$107.93m
Market CapUS$2.69b

Price to Earnings Ratio vs Peers

How does BANC's PE Ratio compare to its peers?

The above table shows the PE ratio for BANC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.8x
SFNC Simmons First National
17.6x55.97%US$2.8b
BOH Bank of Hawaii
17.2x16.31%US$2.6b
FBK FB Financial
35.3x48.03%US$3.1b
CVBF CVB Financial
13x3.39%US$2.6b
BANC Banc of California
26x40.75%US$2.7b

Price-To-Earnings vs Peers: BANC is expensive based on its Price-To-Earnings Ratio (26x) compared to the peer average (20.8x).

Price to Earnings Ratio vs Industry

How does BANC's PE Ratio compare vs other companies in the US Banks Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FRCB First Republic Bank
0.02xn/aUS$27.98m
OCNB Oconomowoc Bancshares
0.6xn/aUS$9.93m
SBNY Signature Bank
0.002xn/aUS$2.18m
BCBH.F Caribbean Investment Holdings
0.00001xn/aUS$132.00
No more companies available in this PE range
BANC 26.0xIndustry Avg. 11.8xNo. of Companies110PE0612182430+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BANC is expensive based on its Price-To-Earnings Ratio (26x) compared to the US Banks industry average (11.8x).

Price to Earnings Ratio vs Fair Ratio

What is BANC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BANC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26x
Fair PE Ratio19.4x

Price-To-Earnings vs Fair Ratio: BANC is expensive based on its Price-To-Earnings Ratio (26x) compared to the estimated Fair Price-To-Earnings Ratio (19.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BANC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$17.81
US$18.64
+4.64%
8.64%US$21.00US$15.00n/a11
Sep ’26US$16.92
US$17.77
+5.04%
8.43%US$21.00US$15.00n/a11
Aug ’26US$14.16
US$17.77
+25.51%
8.76%US$21.00US$15.00n/a11
Jul ’26US$14.32
US$17.09
+19.35%
8.80%US$20.00US$15.00n/a11
Jun ’26US$13.72
US$17.18
+25.23%
10.18%US$20.00US$15.00n/a11
May ’26US$13.39
US$17.10
+27.71%
10.61%US$20.00US$15.00n/a10
Apr ’26US$14.14
US$18.36
+29.87%
9.07%US$20.00US$15.00n/a11
Mar ’26US$14.87
US$18.91
+27.16%
6.16%US$20.00US$17.00n/a11
Feb ’26US$16.02
US$19.00
+18.60%
6.23%US$20.00US$17.00n/a10
Jan ’26US$15.46
US$18.67
+20.74%
7.14%US$20.00US$17.00n/a9
Dec ’25US$17.23
US$17.65
+2.44%
6.71%US$19.00US$15.00n/a10
Nov ’25US$15.30
US$17.50
+14.38%
7.00%US$19.00US$15.00n/a11
Oct ’25US$14.05
US$16.15
+14.95%
7.07%US$18.00US$14.00US$16.6110
Sep ’25US$14.22
US$15.11
+6.27%
6.39%US$16.50US$14.00US$16.929
Aug ’25US$13.19
US$15.11
+14.56%
6.39%US$16.50US$14.00US$14.169
Jul ’25US$12.83
US$16.34
+27.38%
8.72%US$19.00US$15.00US$14.329
Jun ’25US$13.86
US$16.62
+19.91%
9.95%US$19.00US$15.00US$13.729
May ’25US$13.91
US$17.33
+24.61%
11.85%US$20.00US$15.00US$13.399
Apr ’25US$14.58
US$17.33
+18.88%
13.60%US$21.00US$14.00US$14.149
Mar ’25US$14.38
US$17.00
+18.22%
15.84%US$21.00US$14.00US$14.878
Feb ’25US$13.27
US$17.13
+29.05%
15.29%US$21.00US$14.00US$16.028
Jan ’25US$13.43
US$15.75
+17.27%
15.79%US$20.00US$14.00US$15.464
US$18.64
Fair Value
4.4% undervalued intrinsic discount
11
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/06 05:52
End of Day Share Price 2025/10/06 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Banc of California, Inc. is covered by 27 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jared David ShawBarclays
Lana ChanBMO Capital Markets Equity Research
Stephen MossB. Riley Securities, Inc.