What is Banc of California, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Banc of California, Inc.'s reported free cash flow gives $50.17 per share. The share price was $17.94 on September 25, 2026, 64% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 10.0% | 10.0% | $31.35 | +75% |
| Base | 15.0% | 9.0% | $50.17 | +180% |
| Bull | 20.0% | 8.0% | $85.22 | +375% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $64.42 | $68.87 | $74.30 | $81.08 | $89.81 |
| 8.0% | $53.72 | $56.60 | $60.01 | $64.09 | $69.09 |
| 9.0% | $45.93 | $47.90 | $50.17 | $52.83 | $55.96 |
| 10.0% | $40.03 | $41.43 | $43.01 | $44.83 | $46.92 |
| 11.0% | $35.40 | $36.43 | $37.58 | $38.87 | $40.33 |
Where the presets come from
Base: years 1 to 5 grow at Banc of California, Inc.'s revenue growth rate over the last 5 fiscal years (243.4% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions