<h2>管理层变动传递信心</h2>
<p>加州银行（Banc of California，BANC）刚刚将持续的股票回购与新的季度普通股和优先股股息相结合。这清楚地表明，管理层认为银行的资产负债表和前景是稳健的。</p>
<p>查看我们对加州银行的最新分析。</p>
<p>这些举措出现在加州银行的股价接近最近 52 周高点 18.97 美元之际，年初至今的股价回报约为 22.7%，1 年总股东回报约为 13.2%。这表明，随着投资者重新评估其风险和增长前景，势头正在增强。</p>
<p>如果这种银行故事让你想到更大的机会，可能是一个不错的时机来扩大你的搜索，发现高内部持股的快速增长股票。</p>
<p>然而，随着股价接近 52 周高点，交易价格相对于分析师目标和内在价值估计有适度折扣，投资者必须决定：加州银行仍然被低估吗，还是市场已经在定价未来的增长？</p>
<h2>最受欢迎的叙述：7.5% 被低估</h2>
<p>叙述的公允价值约为 20.23 美元，而最后收盘价为 18.71 美元，核心争论集中在其增长的可持续性上。</p>
<p><em>与太平洋西部银行的成功合并整合正在释放成本协同效应、收入交叉销售机会和规模效益，这些都已经有助于有形账面价值的扩张和利润率的改善，并可能进一步提升未来的盈利能力。</em></p>
<p>阅读完整的叙述。</p>
<p>想知道是什么在推动这种乐观情绪吗？叙述依赖于激进的收入增长、飙升的利润率，以及看起来异常克制的未来收益倍数。想知道哪些动态因素对这个公允价值判断最重要，以及它们如何随着时间的推移相互作用？继续阅读，解开数字背后的完整故事。</p>
<p><strong>结果：公允价值为 20.23 美元（被低估）</strong></p>
<p>完整阅读叙述，了解预测背后的原因。</p>
<p>然而，这种上行潜力依赖于成功的太平洋西部整合和南加州商业房地产的稳定状况。任何失误都可能迅速对利润率和资产质量施加压力。</p>
<p>了解加州银行叙述的关键风险。</p>
<h2>估值的另一种角度</h2>
<p>虽然叙述的公允价值指向上行，但收益比率描绘了一个更为苛刻的图景。加州银行的市盈率约为 17.2 倍，而公允比率为 16.6 倍，行业平均接近 11.5 倍，因此错误的余地看起来相对狭窄而非宽松。</p>
<p>查看数字对这个价格的看法——在我们的估值分析中了解更多。</p>
<p><img 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" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ffa79d05-ace1-4094-8039-e3e98cdf0450/chart/pe-multiple-vs-industry"/></p>
<p>纽约证券交易所：BANC 截至 2025 年 12 月的市盈率</p>
<h2>自己构建加州银行叙述</h2>
<p>如果这个故事情节与你的观点不太匹配，或者你更愿意自己深入数字，你可以在几分钟内构建一个自定义叙述：按你的方式进行。</p>
<p>你对加州银行研究的一个很好的起点是我们的分析，突出 3 个关键回报和 1 个重要警示信号，这可能会影响你的投资决策。</p>
<h2>寻找更多聪明的投资角度？</h2>
<p>在你继续之前，考虑使用 Simply Wall Street 筛选器，探索今天除了加州银行之外的其他聚焦想法。</p>
<ul>
<li>通过扫描这 925 只被低估的股票，寻找现金充裕的机会，这些股票的现金流尚未被市场充分认可。</li>
<li>通过审查这 24 只与人工智能发展相关的 AI 便士股票，探索潜在趋势。</li>
<li>通过关注这 14 只收益率超过 3% 的股息股票，增强你的收入策略，这些股票可以帮助支持长期收入方法。</li>
</ul>
<p><em>这篇文章由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 它不构成购买或出售任何股票的推荐，也不考虑你的目标或财务状况。我们旨在为你提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>

加州银行

<p>加州银行通过股票回购和新的季度股息传达了信心，表明其资产负债表稳健。该股交易接近 52 周高点，年初至今回报率为 22.7%。分析师对其被低估的情况进行辩论，公允价值为 20.23 美元，取决于太平洋西部的成功整合。该股的市盈率为 17.2 倍，高于行业平均水平，暗示出有限的错误容忍度。投资者被鼓励探索更广泛的投资机会</p>

<h2>Management moves signal confidence</h2>
<div class="lb-trans"><h2>管理层变动传递信心</h2>
</div><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>
<div class="lb-trans"><p>加州银行（Banc of California，BANC）刚刚将持续的股票回购与新的季度普通股和优先股股息相结合。这清楚地表明，管理层认为银行的资产负债表和前景是稳健的。</p>
</div><p>See our latest analysis for Banc of California.</p>
<div class="lb-trans"><p>查看我们对加州银行的最新分析。</p>
</div><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>
<div class="lb-trans"><p>这些举措出现在加州银行的股价接近最近 52 周高点 18.97 美元之际，年初至今的股价回报约为 22.7%，1 年总股东回报约为 13.2%。这表明，随着投资者重新评估其风险和增长前景，势头正在增强。</p>
</div><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>
<div class="lb-trans"><p>如果这种银行故事让你想到更大的机会，可能是一个不错的时机来扩大你的搜索，发现高内部持股的快速增长股票。</p>
</div><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>
<div class="lb-trans"><p>然而，随着股价接近 52 周高点，交易价格相对于分析师目标和内在价值估计有适度折扣，投资者必须决定：加州银行仍然被低估吗，还是市场已经在定价未来的增长？</p>
</div><h2>Most Popular Narrative Narrative: 7.5% Undervalued</h2>
<div class="lb-trans"><h2>最受欢迎的叙述：7.5% 被低估</h2>
</div><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>
<div class="lb-trans"><p>叙述的公允价值约为 20.23 美元，而最后收盘价为 18.71 美元，核心争论集中在其增长的可持续性上。</p>
</div><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>
<div class="lb-trans"><p><em>与太平洋西部银行的成功合并整合正在释放成本协同效应、收入交叉销售机会和规模效益，这些都已经有助于有形账面价值的扩张和利润率的改善，并可能进一步提升未来的盈利能力。</em></p>
</div><p>Read the complete narrative.</p>
<div class="lb-trans"><p>阅读完整的叙述。</p>
</div><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>
<div class="lb-trans"><p>想知道是什么在推动这种乐观情绪吗？叙述依赖于激进的收入增长、飙升的利润率，以及看起来异常克制的未来收益倍数。想知道哪些动态因素对这个公允价值判断最重要，以及它们如何随着时间的推移相互作用？继续阅读，解开数字背后的完整故事。</p>
</div><p><strong>Result: Fair Value of $20.23 (UNDERVALUED)</strong></p>
<div class="lb-trans"><p><strong>结果：公允价值为 20.23 美元（被低估）</strong></p>
</div><p>Have a read of the narrative in full and understand what's behind the forecasts.</p>
<div class="lb-trans"><p>完整阅读叙述，了解预测背后的原因。</p>
</div><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>
<div class="lb-trans"><p>然而，这种上行潜力依赖于成功的太平洋西部整合和南加州商业房地产的稳定状况。任何失误都可能迅速对利润率和资产质量施加压力。</p>
</div><p>Find out about the key risks to this Banc of California narrative.</p>
<div class="lb-trans"><p>了解加州银行叙述的关键风险。</p>
</div><h2>Another Angle on Valuation</h2>
<div class="lb-trans"><h2>估值的另一种角度</h2>
</div><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>
<div class="lb-trans"><p>虽然叙述的公允价值指向上行，但收益比率描绘了一个更为苛刻的图景。加州银行的市盈率约为 17.2 倍，而公允比率为 16.6 倍，行业平均接近 11.5 倍，因此错误的余地看起来相对狭窄而非宽松。</p>
</div><p>See what the numbers say about this price — find out in our valuation breakdown.</p>
<div class="lb-trans"><p>查看数字对这个价格的看法——在我们的估值分析中了解更多。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ffa79d05-ace1-4094-8039-e3e98cdf0450/chart/pe-multiple-vs-industry" alt="" original-src="https://images.simplywall.st/company/ffa79d05-ace1-4094-8039-e3e98cdf0450/chart/pe-multiple-vs-industry"/></p>
<p>NYSE:BANC PE Ratio as at Dec 2025</p>
<div class="lb-trans"><p>纽约证券交易所：BANC 截至 2025 年 12 月的市盈率</p>
</div><h2>Build Your Own Banc of California Narrative</h2>
<div class="lb-trans"><h2>自己构建加州银行叙述</h2>
</div><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>
<div class="lb-trans"><p>如果这个故事情节与你的观点不太匹配，或者你更愿意自己深入数字，你可以在几分钟内构建一个自定义叙述：按你的方式进行。</p>
</div><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>
<div class="lb-trans"><p>你对加州银行研究的一个很好的起点是我们的分析，突出 3 个关键回报和 1 个重要警示信号，这可能会影响你的投资决策。</p>
</div><h2>Looking for more smart investment angles?</h2>
<div class="lb-trans"><h2>寻找更多聪明的投资角度？</h2>
</div><p>Before you move on, consider using the Simply Wall Street Screener to explore additional focused ideas beyond Banc of California today.</p>
<div class="lb-trans"><p>在你继续之前，考虑使用 Simply Wall Street 筛选器，探索今天除了加州银行之外的其他聚焦想法。</p>
</div><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>
<div class="lb-trans"><ul>
<li>通过扫描这 925 只被低估的股票，寻找现金充裕的机会，这些股票的现金流尚未被市场充分认可。</li>
<li>通过审查这 24 只与人工智能发展相关的 AI 便士股票，探索潜在趋势。</li>
<li>通过关注这 14 只收益率超过 3% 的股息股票，增强你的收入策略，这些股票可以帮助支持长期收入方法。</li>
</ul>
</div><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 class="lb-trans"><p><em>这篇文章由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 它不构成购买或出售任何股票的推荐，也不考虑你的目标或财务状况。我们旨在为你提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div>

加州银行（BANC）：在股票回购和新的季度股息后重新评估估值，显示出信心