Banc of California Inc (BANC, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Banc of California Inc is a is a financial holding company. It offers banking and financial services. Its services include banking services, lending services and private banking services. Banc of California Inc has a market cap of $784.120 million; its shares were traded at around $15.41 with a P/E ratio of 513.66 and P/S ratio of 2.88. The dividend yield of Banc of California Inc stocks is 2.00%. GuruFocus has detected 3 severe warning signs with Banc of California Inc. .
For the last quarter Banc of California Inc reported a revenue of $61.6 million, compared with the revenue of $75.46 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $261.0 million, a decrease of 16% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Banc of California Inc had an average revenue decline of 1% a year.
The reported diluted earnings per share was 5 cents for the year, a decline of 88.9% from the previous year. Over the last five years Banc of California Inc had an average EPS decline of 41.4% a year. The profitability rank of the company is 3 (out of 10).
At the end of the fiscal year, Banc of California Inc has the cash and cash equivalents of $373.5 million, compared with $391.6 million in the previous year. The long term debt was $1.4 billion, compared with $1.7 billion in the previous year. Banc of California Inc has a financial strength rank of 2 (out of 10).
At the current stock price of $15.41, Banc of California Inc is traded at close to its historical median P/S valuation band of $14.20. The P/S ratio of the stock is 2.88, while the historical median P/S ratio is 2.30. The stock lost 9.7% during the past 12 months.
For the complete 20-year historical financial data of BANC, click here.
