<div id="readability-page-1"><div><h2>Management moves signal confidence</h2> <p>Banc of California (BANC) just paired ongoing share buybacks with a fresh quarterly dividend on both common and preferred stock. This is a clear signal that leadership sees the bank’s balance sheet and outlook as solid.</p> <p>See our latest analysis for Banc of California.</p> <p>Those moves come as Banc of California trades near a recent 52 week high of 18.97 dollars, with a solid year to date share price return of about 22.7 percent and a 1 year total shareholder return of roughly 13.2 percent. This suggests momentum is building as investors reassess its risk and growth profile.</p> <p>If this kind of bank story has you thinking bigger, it could be a good moment to broaden your search and discover fast growing stocks with high insider ownership.</p> <p>Yet with the stock near its 52 week high, trading at a modest discount to analyst targets and intrinsic value estimates, investors must decide: Is Banc of California still undervalued, or is the market already pricing in future growth?</p> <h2>Most Popular Narrative Narrative: 7.5% Undervalued</h2> <p>With the narrative fair value sitting around 20.23 dollars versus a last close of 18.71 dollars, the core debate centers on how sustainable its growth really is.</p> <p><em>The successful merger integration with Pacific Western Bank is unlocking cost synergies, revenue cross sell opportunities, and scale benefits, which are already contributing to tangible book value expansion and margin improvement and are likely to further boost future profitability.</em></p> <p>Read the complete narrative.</p> <p>Want to see what is driving that optimism under the hood? The narrative leans on aggressive revenue gains, surging margins, and a future earnings multiple that looks unusually restrained. Curious which moving parts matter most to this fair value call and how they fit together over time? Read on to unpack the full storyline behind the numbers.</p> <p><strong>Result: Fair Value of $20.23 (UNDERVALUED)</strong></p> <p>Have a read of the narrative in full and understand what's behind the forecasts.</p> <p>However, this upside depends on successful Pacific Western integration and stable Southern California commercial real estate conditions. Any stumble could quickly pressure margins and asset quality.</p> <p>Find out about the key risks to this Banc of California narrative.</p> <h2>Another Angle on Valuation</h2> <p>While the narrative fair value points to upside, the earnings ratio paints a more demanding picture. Banc of California trades at about 17.2 times earnings, versus a fair ratio of 16.6 times and an industry average near 11.5 times, so the margin for error looks thin rather than generous.</p> <p>See what the numbers say about this price — find out in our valuation breakdown.</p> <figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ffa79d05-ace1-4094-8039-e3e98cdf0450/chart/pe-multiple-vs-industry?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ffa79d05-ace1-4094-8039-e3e98cdf0450/chart/pe-multiple-vs-industry"/><figcaption>NYSE:BANC PE Ratio as at Dec 2025</figcaption></figure><h2> Build Your Own Banc of California Narrative</h2> <p>If this storyline does not quite match your view, or you would rather dig into the numbers yourself, you can build a custom narrative in minutes: Do it your way.</p> <p>A great starting point for your Banc of California research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.</p> <h2>Looking for more smart investment angles?</h2> <p>Before you move on, consider using the Simply Wall Street Screener to explore additional focused ideas beyond Banc of California today.</p> <ul> <li>Target cash rich opportunities by scanning these 925 undervalued stocks based on cash flows that the market has not fully appreciated yet.</li> <li>Explore potential trends by reviewing these 24 AI penny stocks related to developments in artificial intelligence.</li> <li>Strengthen your income strategy by focusing on these 14 dividend stocks with yields &gt; 3% that can help support a long term income approach.</li> </ul> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data     and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your     financial situation. We aim to bring you long-term focused analysis driven by fundamental data.     Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.     Simply Wall St has no position in any stocks mentioned.</em></p></div></div>

BANC

<p>Banc of California signals confidence with share buybacks and a new quarterly dividend, indicating a solid balance sheet. Trading near a 52-week high, the stock shows a 22.7% YTD return. Analysts debate its undervaluation, with fair value at $20.23, contingent on successful Pacific Western integration. The stock trades at 17.2 times earnings, above industry average, suggesting limited margin for error. Investors are encouraged to explore broader investment opportunities.</p>

Banc of California (BANC): Revisiting Valuation After Buybacks and a New Quarterly Dividend Signal Confidence