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home / news releases / BANC - Banc Of California: Solid Results But Pricey At 13X Earnings And 1.5 Times TBV


BANC - Banc Of California: Solid Results But Pricey At 13X Earnings And 1.5 Times TBV

  • Banc of California seems to be flying under the radar despite its decent size with over $8B in assets.
  • The 9M 2021 profit was boosted by a reversal of loan loss provisions, although the total amount of loans past due is increasing.
  • The valuation isn't cheap, and Banc of California is now trading at higher levels than right before COVID: I'm on the sidelines.

For further details see:

Banc Of California: Solid Results But Pricey At 13X Earnings And 1.5 Times TBV
Stock Information

Company Name: Banc of California Inc.
Stock Symbol: BANC
Market: NYSE
Website: bancofcal.com

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