Banc of California BANC
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Banc of California (BANC) Business Model and Operations Summary
Banc of California Inc is a financial holding company. It offers banking and financial services. The company's services include banking services, lending services, and private banking services. Its deposit and banking product and service offerings include checking, savings, money market, certificates of deposit, and retirement accounts. Lending activities are focused on providing financing to California's diverse private businesses, entrepreneurs, and communities, and loans are often secured by California commercial and residential real estate. The company has one reportable segment named Commercial banking.
Key Insights
Banc of California (BANC) Core Market Data and Business Metrics
Latest Closing Price
$14.15Market Cap
$2.38 BillionPrice-Earnings Ratio
-3.28Total Outstanding Shares
157.75 Million SharesTotal Employees
2,304Dividend
$0.10 Per Share QuarterlyIPO Date
August 23, 2002SIC Description
National Commercial BanksPrimary Exchange
New York Stock ExchangeHeadquarters
3 Macarthur Place, Santa Ana, CA, 92707
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 2,797,553 Shares | 4.97 | 3/14/2025 | 13,906,880 Shares |
| 1,950,535 Shares | 6.17 | 2/28/2025 | 12,032,272 Shares |
| 1,646,857 Shares | 7.17 | 2/14/2025 | 11,810,603 Shares |
| 2,009,509 Shares | 5.47 | 1/31/2025 | 10,993,605 Shares |
| 1,862,763 Shares | 5.47 | 1/15/2025 | 10,188,535 Shares |
| 1,916,883 Shares | 5.14 | 12/31/2024 | 9,849,615 Shares |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities | $8.12 Billion |
| Net Cash Flow From Financing Activities, Continuing | $-11.72 Billion |
| Net Cash Flow, Continuing | $-3.52 Billion |
| Net Cash Flow | $-3.52 Billion |
| Net Cash Flow From Financing Activities | $-11.72 Billion |
| Net Cash Flow From Operating Activities, Continuing | $79.15 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Income/Loss Before Equity Method Investments | $-577.54 Million |
| Net Income/Loss | $-412.99 Million |
| Noninterest Income | $-352.25 Million |
| Diluted Average Shares | $176.10 Million |
| Operating Expenses | $2.47 Billion |
| Income/Loss From Continuing Operations After Tax | $-412.99 Million |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $62.58 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $545.53 Million |
| Comprehensive Income/Loss Attributable To Parent | $132.55 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss | $132.55 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Fixed Assets | $143.20 Million |
| Liabilities | $29.94 Billion |
| Noncurrent Liabilities | $0 |
| Equity Attributable To Parent | $3.50 Billion |
| Noncurrent Assets | $0 |
| Equity | $3.50 Billion |
Historical Dividends
Current dividend: $0.10 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 7, 2025 | Apr 1, 2025 | Mar 14, 2025 | $0.1 | Quarterly |
| Nov 8, 2024 | Jan 2, 2025 | Dec 16, 2024 | $0.1 | Quarterly |
| Aug 12, 2024 | Oct 1, 2024 | Sep 16, 2024 | $0.1 | Quarterly |
| May 13, 2024 | Jul 1, 2024 | Jun 14, 2024 | $0.1 | Quarterly |
| Feb 8, 2024 | Apr 1, 2024 | Mar 15, 2024 | $0.1 | Quarterly |
| Nov 10, 2023 | Jan 2, 2024 | Dec 15, 2023 | $0.1 | Quarterly |