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 $61.37 per share. The share price was $18.00 on November 10, 2026, 71% 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% | $42.55 | +136% |
| Base | 15.0% | 9.0% | $61.37 | +241% |
| Bull | 20.0% | 8.0% | $96.42 | +436% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $75.62 | $80.06 | $85.49 | $92.28 | $101.01 |
| 8.0% | $64.92 | $67.80 | $71.20 | $75.29 | $80.28 |
| 9.0% | $57.13 | $59.10 | $61.37 | $64.02 | $67.16 |
| 10.0% | $51.22 | $52.62 | $54.21 | $56.03 | $58.12 |
| 11.0% | $46.60 | $47.63 | $48.78 | $50.07 | $51.53 |
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