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Banc of California, Inc is currently in a long term downtrend where the price is trading 0.3% below its 200 day moving average.
From a valuation standpoint, the stock is 91.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.7.
Banc of California, Inc's total revenue rose by 11.8% to $69M since the same quarter in the previous year.
Its net income has increased by 52.1% to $22M since the same quarter in the previous year.
Finally, its free cash flow grew by 100.8% to $36M since the same quarter in the previous year.
Based on the above factors, Banc of California, Inc gets an overall score of 4/5.
Exchange | F |
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CurrencyCode | EUR |
ISIN | US05990K1060 |
Sector | Financial Services |
Industry | Banks - Regional |
Market Cap | 2B |
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PE Ratio | 24.78 |
Target Price | 21.21 |
Dividend Yield | 3.2% |
Beta | 1.43 |
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.
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