BANC (Banc of California) E10: $-1.62 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BANC Banc of California Inc BANC
69 GF Score
Price $19.46
GF Value $19.06
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Banc of California E10?

Banc of California BANC -0.33% 69 E10 is $-1.62 as of Mar. 2026. GuruFocus rates BANC with a GF Score™ of 69/100 and a GF Value™ of $19.06 (Fairly Valued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Banc of California's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.62 for the trailing ten years ended in Mar. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Banc of California was 15.70% per year. The lowest was -11.40% per year. And the median was 8.20% per year.

As of today (2026-08-05), Banc of California's current stock price is $19.455. Banc of California's E10 for the quarter that ended in Mar. 2026 was $-1.62. Banc of California's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Banc of California was 55.32. The lowest was 11.70. And the median was 29.08.


Banc of California  (NYSE:BANC) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of Banc of California was 55.32. The lowest was 11.70. And the median was 29.08.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Banc of California E10 Related Terms


Banc of California E10 Historical Data

* Premium members only.

The historical data trend for Banc of California's E10 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.

Banc of California E10 Chart

Banc of California Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.93 -1.38 -1.48 -1.58

Banc of California Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.56 -1.57 -1.58 -1.62 0.00

BANC vs SBCF, BOH, TOWN: E10 Comparison

For the Banks - Regional subindustry, Banc of California's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Banc of California's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Banc of California's Shiller PE Ratio falls into.


BANC
69GF Score
Banc of California Inc BANC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banc of California E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Banc of California's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.39/330.2130*330.2130
=0.390

Current CPI (Mar. 2026) = 330.2130.

Banc of California Quarterly Data

per share eps CPI Adj_EPS
201606 0.430 241.018 0.589
201609 0.590 241.428 0.807
201612 0.540 241.432 0.739
201703 0.230 243.801 0.312
201706 0.140 244.955 0.189
201709 0.230 246.819 0.308
201712 0.120 246.524 0.161
201803 0.060 249.554 0.079
201806 0.180 251.989 0.236
201809 0.070 252.439 0.092
201812 0.130 251.233 0.171
201903 0.050 254.202 0.065
201906 0.230 256.143 0.297
201909 -0.450 256.759 -0.579
201912 0.200 256.974 0.257
202003 -0.190 258.115 -0.243
202006 -0.440 257.797 -0.564
202009 0.240 260.280 0.304
202012 0.350 260.474 0.444
202103 0.150 264.877 0.187
202106 0.340 271.696 0.413
202109 0.420 274.310 0.506
202112 0.070 278.802 0.083
202203 0.690 287.504 0.793
202206 0.430 296.311 0.479
202209 0.400 296.808 0.445
202212 0.360 296.797 0.401
202303 -15.560 301.836 -17.023
202306 -2.670 305.109 -2.890
202309 -0.420 307.789 -0.451
202312 -4.550 306.746 -4.898
202403 0.120 312.332 0.127
202406 0.120 314.175 0.126
202409 -0.010 315.301 -0.010
202412 0.280 315.605 0.293
202503 0.260 319.799 0.268
202506 0.120 322.561 0.123
202509 0.380 324.800 0.386
202512 0.420 324.054 0.428
202603 0.390 330.213 0.390

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $-1.62 mean?
Banc of California (BANC) has a E10 of $-1.62 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Banc of California and its competitors.
Is Banc of California's E10 too high?
Banc of California's current E10 is $-1.62. Overall, Banc of California has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Banc of California's E10 compare to SBCF and BOH?
Banc of California's E10 of $-1.62 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Banks company?
A good E10 depends on the Banks industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Banc of California and its competitors. Banc of California's current E10 is $-1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banc of California stock overvalued right now?
Based on GuruFocus' analysis, Banc of California (BANC) is currently considered Fairly Valued. The stock's GF Value™ is $19.06, compared to a current price of $19.46 — trading 2.1% above its estimated fair value. The current E10 is $-1.62. Banc of California's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Banc of California (BANC), the current E10 is $-1.62 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Banc of California (BANC) Overvalued in 2026?

Based on GuruFocus' analysis, Banc of California stock appears to be overvalued. The current stock price of $19.46 is trading 2.1% above its estimated GF Value™ of $19.06. GuruFocus considers Banc of California to be Fairly Valued.

Key valuation signals for BANC:

  • E10: $-1.62
  • GF Value™: $19.06 vs. price of $19.46 (2.1% above fair value)
  • GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the BANC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banc of California Business Description

Other Exchanges FPB:Germany
Address 11611 San Vicente Boulevard, Suite 500, Los Angeles, CA, USA, 90049
Banc of California Inc is a financial holding company. It offers banking and financial services. Its 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.
69GF Score

Get the complete analysis for BANC

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.46
Price
$19.06
GF Value