| BANC-PF Stock | | | 24.63 0.10 0.40% |
Banc Of financial indicator trend analysis is way more than just evaluating Banc of California prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banc of California is a good investment. Please check the relationship between Banc Of Net Interest Income and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Banc of California. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Interest Income vs Income Before Tax
Net Interest Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Banc of California Net Interest Income account and
Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Banc Of's Net Interest Income and Income Before Tax is -0.44. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Banc of California, assuming nothing else is changed. The correlation between historical values of Banc Of's Net Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Banc of California are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Interest Income i.e., Banc Of's Net Interest Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.44 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Banc Of income statement and is an important metric when analyzing Banc of California profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Banc Of's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banc of California current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Banc of California. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Banc Of's
Selling General Administrative is most likely to increase significantly in the upcoming years. The Banc Of's current
Sales General And Administrative To Revenue is estimated to increase to 1.25, while
Tax Provision is forecasted to increase to (266.9
M).
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Income | 1.6B | 2.0B | 2.3B | 1.4B | Net Interest Income | 1.3B | 747.1M | 859.2M | 925.7M |
Banc Of fundamental ratios Correlations
Click cells to compare fundamentals
Banc Of Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Banc Of fundamental ratios Accounts
| | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) |
| Net Debt | | 595.9M | 588.0M | 773.4M | (1.5B) | (1.4B) | (1.3B) |
Currently Active Assets on Macroaxis
Other Information on Investing in Banc Stock
Balance Sheet is a snapshot of the
financial position of Banc of California at a specified time, usually calculated after every quarter, six months, or one year. Banc Of Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Banc Of and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Banc currently owns. An asset can also be divided into two categories, current and non-current.