“Borrowings The following table summarizes our borrowings as of the dates indicated: June 30, 2026 December 31, 2025 Weighted Weighted Average Average Balance Rate Balance Rate (Dollars in thousands) FHLB secured advances $ 2,350,000 3.88 % $ 1,710,185 3.90 %…”10-Q · Aug 7, 2026 ↗
Banc of California, Inc.
BANC
Market read
Banc of California, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 26 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
- Secondary liquidity fell $1.9 billion to $7.9 billion as available secured borrowing capacity declined at the FRB and FHLB.
Invalidation: The isolated read changes if BANC's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 26 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Secondary liquidity fell $1.9 billion to $7.9 billion as available secured borrowing capacity declined at the FRB and FHLB.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Net margin changed +249.3 percentage points in the latest annual period.
- Operating cash flow covered net income at 1.12x in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 5 filings.
- EV/sales is 334% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 11, 2026
18.55Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“In recent years, competition has increased from institutions not subject to the same regulatory restrictions as domestic banks and bank holding companies.”10-K · Feb 27, 2026 ↗
“During the year ended December 31, 2023, the Company recorded goodwill impairment of $ 1.4 billion due to the decline in the economic conditions in the banking industry.”10-K · Feb 27, 2026 ↗
“During the year ended December 31, 2023, the Company recorded goodwill impairment of $ 1.4 billion due to the decline in the economic conditions in the banking industry.”10-K · Feb 27, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 77.3× · EV/sales 130.5×. Comparisons use only industry-matched filing peers.
Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for BANC. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for BANC. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind BANC
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
TBBKThe Bancorp, Inc.partnerFeb 27, 2026 ▾
“Presentation of Results – PacWest Bancorp Merger On November 30, 2023, PacWest Bancorp merged with and into Banc of California, Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
BANC is currently a Follower in the organic co-movement group Industrial Cyclicals. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.