Banc of California (Banc of California) Debt-to-Equity

: 1.14 (As of Dec. 2023)

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Banc of California's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,618.30 Mil. Banc of California's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,229.62 Mil. Banc of California's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,390.77 Mil. Banc of California's debt to equity for the quarter that ended in Dec. 2023 was 1.13.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Banc of California's Debt-to-Equity or its related term are showing as below:

BANCpD.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.67 Med: 1.29 Max: 1.85
Current: 1.14

During the past 13 years, the highest Debt-to-Equity Ratio of Banc of California was 1.85. The lowest was 0.67. And the median was 1.29.

BANCpD.PFD's Debt-to-Equity is ranked worse than
67.45% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs BANCpD.PFD: 1.14

Banc of California Debt-to-Equity Historical Data

The historical data trend for Banc of California's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Banc of California Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.53

0.91

0.73

0.67

1.14

Banc of California Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.67	2.28	1.67	1.47	1.14

Competitive Comparison

For the Banks - Regional subindustry, Banc of California's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Banc of California Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, Banc of California's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Banc of California's Debt-to-Equity falls into.

Banc of California Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Banc of California's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2618.3	+	1229.621)	/	3390.765
	=	1.13

Banc of California's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2618.3	+	1229.621)	/	3390.765
	=	1.13

Banc of California (NYSE:BANCpD.PFD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Banc of California Debt-to-Equity Related Terms

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Banc of California (Banc of California) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banc of California Inc (NYSE:BANCpD.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BANC:USA FPB:Germany

Address

3 MacArthur Place, Santa Ana, CA, USA, 92707

Website

https://www.bancofcal.com

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.