Banc of California, Inc. (NYSE:BANC) is a financial institution that provides a range of banking services. The company operates primarily in California, offering personal and business banking products. BANC competes with other regional banks, focusing on delivering strong financial performance and growth.
On January 21, 2026, BANC reported earnings per share (EPS) of $0.42, surpassing the estimated $0.36. This represents a significant improvement from the $0.28 per share reported in the same quarter last year. The EPS exceeded the Zacks Consensus Estimate of $0.38, delivering a surprise of +10.53%, as highlighted by Zacks.
BANC's revenue for the quarter ending December 2025 was approximately $292.9 million, exceeding the estimated $291.1 million. This revenue figure slightly surpassed the Zacks Consensus Estimate of $292.72 million, resulting in a revenue surprise of +0.07%. The company experienced a 10.9% increase in revenue compared to the same period the previous year.
The company's financial performance is further underscored by its consistent ability to surpass consensus EPS estimates over the past four quarters. BANC's book value per share stands at $19.56, while the tangible book value per share is $17.51. The company also experienced a 15% annualized growth in loans and an 11% annualized growth in noninterest-bearing deposits.
BANC's market valuation is reflected in its price-to-earnings (P/E) ratio of approximately 15.90 and a price-to-sales ratio of about 1.85. The enterprise value to sales ratio is around 2.16, and the enterprise value to operating cash flow ratio is approximately 16.64. The company's debt-to-equity ratio is approximately 0.85, and the current ratio is around 0.18, indicating its financial stability and ability to cover short-term liabilities.
