# Banc Of Return On Asset

BANC | Stock | ## USD 16.23 0.06 0.37% |

Banc Of California fundamentals help investors to digest information that contributes to Banc Of's financial success or failures. It also enables traders to predict the movement of Banc Of Stock. The fundamental analysis module provides a way to measure Banc Of's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Banc Of stock.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Banc Of | Return On Asset |

**B**. In addition to that, Tangible Asset Value is expected to decline to about 8.9

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## Banc Of Return On Asset Analysis

Banc Of's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time. 2019 | 2020 | 2021 | 2022 (projected) | |

Revenues USD | 224.45 M | 213.39 M | 265.85 M | 275.88 M |

Revenues | 403.96 M | 309.12 M | 310.59 M | 296.16 M |

Return on Asset | = | Net Income Total Assets | X | 100 |

## Current Banc Of Return On Asset | 0.0119 % |

Most of Banc Of's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Banc Of California is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

## Banc Of Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Banc Of is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Return On Asset. Since Banc Of's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Banc Of's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Banc Of's interrelated accounts and indicators.

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## Banc Of Return On Asset Historical Pattern

Today, most investors in Banc Of Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Banc Of's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Banc Of return on asset as a starting point in their analysis.

Banc Of Return On Asset |

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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

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## Banc Of Total Assets

## Total Assets | ## 7.7 Billion |

Based on the latest financial disclosure, Banc Of California has a Return On Asset of 0.0119%. This is 102.53% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on asset for all United States stocks is 108.5% lower than that of the firm.

## Banc Of Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Banc Of's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Banc Of could also be used in its relative valuation, which is a method of valuing Banc Of by comparing valuation metrics of similar companies.Banc Of is currently under evaluation in return on asset category among related companies.

## Banc Of Current Valuation Drivers

We derive many important indicators used in calculating different scores of Banc Of from analyzing Banc Of's financial statements. These drivers represent accounts that assess Banc Of's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Banc Of's important valuation drivers and their relationship over time.

2017 | 2018 | 2019 | 2020 | 2021 | 2022 (projected) | ||

Net Income Per Employee | 78.2 K | 61.37 K | 36 K | 20.52 K | 92.64 K | 99.95 K | |

Revenue Per Employee | 587.89 K | 610.29 K | 612.06 K | 504.55 K | 461.5 K | 406.38 K | |

Average Assets | 10.51 B | 10.38 B | 8.93 B | 7.76 B | 8.41 B | 8.29 B | |

Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 50.41 M | 65.47 M | 46.6 M | 32.18 M | 103.18 M | 88.06 M | |

Earnings Before Interest Taxes and Depreciation Amortization USD | 50.41 M | 65.47 M | 46.6 M | 32.18 M | 103.18 M | 88.06 M | |

Earnings before Tax | 34.06 M | 51.59 M | 27.98 M | 14.36 M | 82.62 M | 69.89 M | |

Average Equity | 1 B | 968.66 M | 930.03 M | 863.36 M | 886.04 M | 848.33 M | |

Enterprise Value | 2.11 B | 2.12 B | 2.2 B | 1.2 B | 1.84 B | 1.66 B | |

Free Cash Flow | 550.35 M | 118.19 M | 69.78 M | 69.77 M | 106.84 M | 115.28 M | |

Invested Capital | 11.76 B | 11.89 B | 8.81 B | 8.43 B | 9.88 B | 9.63 B | |

Invested Capital Average | 11.48 B | 11.86 B | 10.1 B | 8.27 B | 8.97 B | 8.91 B | |

Market Capitalization | 1.04 B | 674.19 M | 874.19 M | 739.03 M | 1.23 B | 1.01 B | |

Tangible Asset Value | 10.28 B | 10.59 B | 7.79 B | 7.84 B | 9.29 B | 8.95 B |

## Banc Of Fundamentals

Return On Equity | 0.12 % | |||

Return On Asset | 0.0119 % | |||

Profit Margin | 0.30 % | |||

Operating Margin | 0.48 % | |||

Current Valuation | 1.77 B | |||

Shares Outstanding | 59.68 M | |||

Shares Owned by Insiders | 1.55 % | |||

Shares Owned by Institutions | 96.46 % | |||

Number of Shares Shorted | 968.5 K | |||

Price to Earning | 53.03 X | |||

Price to Book | 1.06 X | |||

Price to Sales | 2.79 X | |||

Revenue | 272.71 M | |||

Gross Profit | 266.06 M | |||

EBITDA | 141.06 M | |||

Net Income | 62.35 M | |||

Cash and Equivalents | 256.06 M | |||

Cash per Share | 4.26 X | |||

Total Debt | 274.39 M | |||

Debt to Equity | 11.62 % | |||

Book Value Per Share | 15.82 X | |||

Cash Flow from Operations | 105.74 M | |||

Short Ratio | 2.52 X | |||

Earnings Per Share | 1.57 X | |||

Price to Earnings To Growth | 2.15 X | |||

Target Price | 20.67 | |||

Number of Employees | 684 | |||

Beta | 1.24 | |||

Market Capitalization | 977.59 M | |||

Total Asset | 9.39 B | |||

Retained Earnings | 108.47 M | |||

Z Score | 0.6 | |||

Annual Yield | 0.0143 % | |||

Five Year Return | 2.20 % | |||

Net Asset | 9.39 B | |||

Last Dividend Paid | 0.24 |

## About Banc Of Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Banc Of California's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Banc Of using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Banc Of California based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.Last Reported | Projected for 2022 | ||

Average Assets | 8.4 B | 8.3 B | |

Tangible Asset Value | 9.3 B | 8.9 B |

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Banc Of in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Banc Of's short interest history, or implied volatility extrapolated from Banc Of options trading.

## Pair Trading with Banc Of

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banc Of position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banc Of will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Banc Of could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banc Of when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banc Of - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banc Of California to buy it.

The correlation of Banc Of is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banc Of moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banc Of California moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Banc Of can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Continue to Banc Of Piotroski F Score and Banc Of Altman Z Score analysis. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

## Complementary Tools for analysis

When running Banc Of California price analysis, check to measure Banc Of's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Banc Of is operating at the current time. Most of Banc Of's value examination focuses on studying past and present price action to predict the probability of Banc Of's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Banc Of's price. Additionally, you may evaluate how the addition of Banc Of to your portfolios can decrease your overall portfolio volatility.

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Is Banc Of's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banc Of. If investors know Banc Of will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banc Of listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth YOY (0.05) | Market Capitalization 977.6 M | Quarterly Revenue Growth YOY 0.184 | Return On Assets 0.0119 | Return On Equity 0.1171 |

The market value of Banc Of California is measured differently than its book value, which is the value of Banc Of that is recorded on the company's balance sheet. Investors also form their own opinion of Banc Of's value that differs from its market value or its book value, called intrinsic value, which is Banc Of's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banc Of's market value can be influenced by many factors that don't directly affect Banc Of's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Banc Of's value and its price as these two are different measures arrived at by different means. Investors typically determine Banc Of value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banc Of's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.