Banc of California Inc. Common Stock (BANC)

FairStock Score: 53/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Mr. Market is offering Banc of California at $17.15, 0.93 times book value at the close on 2026-10-13. In banking that discount can be real value if the loan book and capital are sound, but it can also signal doubt about book value. The record is mixed. In fiscal year 2023, the year ended 2023-12-31, the company filed a net loss of -$1.9B and diluted EPS of -$22.71. In fiscal year 2024, the year ended 2024-12-31, net income was $126.9M and diluted EPS $0.52; in fiscal year 2025, the year ended 2025-12-31, net income was $229.0M and diluted EPS $1.17. That supports the given Lynch TURNAROUND category. But in fiscal Q2 2026, the quarter ended 2026-06-30, filed net income was -$241.3M, diluted EPS -$1.61, and revenue $11.9M. One quarter erased more than the prior year's profit. FairStock's negative trailing P/E of -40.83 and ROE of -0.65% reflect that. The 2.80% dividend yield is only as safe as future earnings and capital. A Piotroski F-score of 3/9 is weak, and the data lacks CET1, net interest margin, credit marks, and reserve coverage; combined ratio is an insurer metric and not relevant. At 0.93 times book and a FairStock score of 53/100, this looks fair-to-cheap but speculative. I would want proof the Q2 loss is non-recurring and book value is real before calling it a classic Graham bargain.

In plain English: Banc of California is a bank holding company that offers deposit accounts and real estate loans. The business looks uneven: it earned money in fiscal 2025, but the latest quarter showed a large loss. At $17.15, the shares trade a bit below their accounting book value, so the price looks modestly cheap, but the recent loss makes that discount understandable.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q4 2025 10-Q (period ended 2025-12-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer