Banc Of Stock Quote Today

BANC
 Stock
  

USD 15.97  0.18  1.11%   

Market Performance
0 of 100
Odds Of Distress
Less than 48
Banc Of is trading at 15.97 as of the 3rd of October 2022, a -1.11 percent decrease since the beginning of the trading day. The stock's open price was 16.15. Banc Of has 48 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Banc Of California are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of September 2022 and ending today, the 3rd of October 2022. Click here to learn more.
Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. Banc of California, Inc. was founded in 1941 and is headquartered in Santa Ana, California. The company has 62.18 M outstanding shares of which 1.46 M shares are currently shorted by private and institutional investors with about 4.14 trading days to cover. More on Banc Of California

Moving together with Banc Of

+0.72HPQHp Inc Fiscal Year End 22nd of November 2022 PairCorr
+0.63JPMJP Morgan Chase Fiscal Year End 13th of January 2023 PairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Banc Of Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Banc Of's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Banc Of or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Banc Of California generated a negative expected return over the last 90 days
Latest headline from finance.yahoo.com: The GEO Group Comments on Favorable Ruling by En Banc Panel of U.S. Court of Appeals for the Ninth Circuit Against Californias AB32 Law - Yahoo Finance
President CEO, DirectorDouglas Bowers
Thematic IdeaBanks (view all)
Average Analyst Recommendation
Analysts covering Banc Of report their recommendations after researching Banc Of's financial statements, talking to executives and customers, or listening in on Banc Of's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Banc Of California. The Banc Of consensus assessment is calculated by taking the average forecast from all of the analysts covering Banc Of.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Banc Of's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Banc Of California (BANC) is traded on New York Stock Exchange in USA and employs 673 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Banc Of's market, we take the total number of its shares issued and multiply it by Banc Of's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Banc Of California conducts business under Financial Services sector and is part of Banks—Regional industry. The entity has 62.18 M outstanding shares of which 1.46 M shares are currently shorted by private and institutional investors with about 4.14 trading days to cover. Banc Of California currently holds about 243.06 M in cash with 116.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.02.
Check Banc Of Probability Of Bankruptcy
Ownership
Banc Of holds a total of sixty-two million one hundred eighty thousand outstanding shares. The majority of Banc Of California outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Banc Of California to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Banc Of. Please pay attention to any change in the institutional holdings of Banc Of California as this could imply that something significant has changed or about to change at the company. Also note that nearly one million eight hundred sixty-five thousand four hundred invesors are currently shorting Banc Of expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Banc Of Ownership Details

Banc Of Stock Price Odds Analysis

What are Banc Of's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Banc Of jumping above the current price in 90 days from now is close to 99%. The Banc Of California probability density function shows the probability of Banc Of stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Banc Of has a beta of 0.862 suggesting Banc Of California market returns are sensitive to returns on the market. As the market goes up or down, Banc Of is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Banc Of California is significantly underperforming DOW.
  Odds Below 15.97HorizonTargetOdds Above 15.97
0.46%90 days
 15.97 
99.52%
Based on a normal probability distribution, the odds of Banc Of to move above the current price in 90 days from now is close to 99 (This Banc Of California probability density function shows the probability of Banc Of Stock to fall within a particular range of prices over 90 days) .

Banc Of Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Banc Of that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Banc Of's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Banc Of's value.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon Shares8.6 M151.4 M
Wellington Management Group LlpCommon Shares4.8 M84.4 M
View Banc Of Diagnostics

Banc Of California Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Banc Of market risk premium is the additional return an investor will receive from holding Banc Of long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Banc Of. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Banc Of's alpha and beta are two of the key measurements used to evaluate Banc Of's performance over the market, the standard measures of volatility play an important role as well.

Banc Of Stock Against Markets

Picking the right benchmark for Banc Of stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Banc Of stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Banc Of is critical whether you are bullish or bearish towards Banc Of California at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Banc Of without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Banc Of Corporate Directors

Banc Of corporate directors refer to members of a Banc Of board of directors. The board of directors generally takes responsibility for the Banc Of's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Banc Of's board members must vote for the resolution. The Banc Of board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Mary Curran - Independent DirectorProfile
Richard Lashley - Independent DirectorProfile
Chad Brownstein - Independent DirectorProfile
Jonah Schnel - Independent DirectorProfile

Invested in Banc Of California?

The danger of trading Banc Of California is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Banc Of is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Banc Of. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Banc Of California is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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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.
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.