BANC
Banc of California, Inc.
BANC has a slight edge over BLK overall, supported by stronger valuation and stronger modeled upside.
BLK
BlackRock, Inc.
BLK offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
BANC Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| N/A | |
| N/A |
BANC's revenue and profitability are currently weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like BANC.
BLK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BLK's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BLK.
BANC PE Valuation
BANC has no meaningful PE right now: it lost money over the past year.
BLK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $848 | -30% |
| Fair | 22x | $973 | -20% |
| Expensive | 26x | $1,149 | -5.5% |
| Current | 28x | $1,217 | — |
Historical ranges are pointers, not guarantees.
BLK's PE is in its expensive range at 28x.
BANC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for BANC, with profitability improving.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
BANC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.97 | — |
| Q3 2026 | -$0.35 | -133% |
BANC has swung to a loss: it lost $0.35 per share over the past year, after a profit the year before.
BLK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $43.87 | +11% |
| Q2 2026 | $41.73 | -0.4% |
| Q1 2026 | $39.73 | -4.7% |
| Q4 2025 | $35.31 | -17% |
| Q3 2025 | $39.42 | -2.7% |
| Q2 2025 | $41.89 | +4% |
| Q1 2025 | $41.69 | +5.9% |
| Q4 2024 | $42.53 | +16% |
BLK has the edge over BANC in the latest year-over-year earnings comparison.
BANC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $303.8M | +5.6% |
| Q2 2026 | $16.4M | -94% |
| Q1 2026 | $286.9M | +7.9% |
| Q4 2025 | $292.9M | +11% |
| Q3 2025 | $287.7M | +33% |
| Q2 2025 | $272.8M | +5.2% |
| Q1 2025 | $266M | +1.2% |
| Q4 2024 | $264.3M | +1086% |
BANC's revenue is down over the past year, though its latest quarter was up: $304M last quarter, up 5.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 36% | +3.5 points |
| Q2 2026 | -2044% | -2061 points |
| Q1 2026 | 33% | +5.9 points |
| Q4 2025 | 34% | +7.5 points |
| Q3 2025 | 32% | +27 points |
| Q2 2025 | 18% | +0.3 points |
| Q1 2025 | 27% | +11 points |
| Q4 2024 | 27% | +10451 points |
BANC has the edge over BLK on profitability, with a higher operating margin.
BLK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.8B | +19% |
| Q2 2026 | $7.1B | +31% |
| Q1 2026 | $6.7B | +27% |
| Q4 2025 | $7B | +23% |
| Q3 2025 | $6.5B | +25% |
| Q2 2025 | $5.4B | +13% |
| Q1 2025 | $5.3B | +12% |
| Q4 2024 | $5.7B | +23% |
BLK has the edge over BANC on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | 0 points |
| Q2 2026 | 35% | +2.8 points |
| Q1 2026 | 42% | +9.8 points |
| Q4 2025 | 24% | -13 points |
| Q3 2025 | 30% | -8.6 points |
| Q2 2025 | 32% | -5.5 points |
| Q1 2025 | 32% | -3.6 points |
| Q4 2024 | 37% | +2.3 points |
BLK's operating margin was 30% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
BANC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $61.5M | -19% |
| Q2 2026 | $158.8M | +158% |
| Q1 2026 | $45.6M | +235% |
| Q4 2025 | $84.2M | +11% |
| Q3 2025 | $75.5M | +69% |
| Q2 2025 | $61.4M | +79% |
| Q1 2025 | $13.6M | +$103.9M |
| Q4 2024 | $75.7M | +120% |
BANC has the edge over BLK on cash flow, with more consistent year-over-year improvement.
BLK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.6B | +95% |
| Q2 2026 | $1.1B | -12% |
| Q1 2026 | -$1.1B | +$120M |
| Q4 2025 | $2.1B | -15% |
| Q2 2025 | $1.3B | -6.1% |
| Q1 2025 | -$1.2B | -$734M |
| Q4 2024 | $2.5B | +35% |
| Q2 2024 | $1.4B | +47% |
BLK's free cash flow was $4.8B over the past year, up 22% from the year before. Free cash flow isn't a meaningful measure for financial services companies like BLK.
BANC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.9% | +4.5M shares |
| 1 year | +0.8% | +1.3M shares |
BANC has 160M diluted shares, up 0.8% from a year ago, despite $220M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $109,000 |
| Q1 2026 | $32.3M |
| Q4 2025 | $187.7M |
| Q3 2025 | $35.9M |
| Q2 2025 | $112.9M |
| Q1 2025 | $38.9M |
BANC spent $220M buying back its own shares over the past year.
BLK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -148K shares |
| 1 year | -0.4% | -677K shares |
| 3 years | +9.3% | +14M shares |
| 5 years | +6.2% | +9.6M shares |
| Available history | +4.4% | +7M shares |
BLK has the edge over BANC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2025 | $396M |
| Q1 2025 | $657M |
| Q4 2024 | $386M |
| Q2 2024 | $519M |
| Q1 2024 | $634M |
| Q4 2023 | $384M |
| Q3 2023 | $396M |
| Q2 2023 | $383M |
BANC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 133.9x | High |
| Q2 2026 | 2,403.3x | High |
| Q1 2026 | 0.9x | Very low |
| Q4 2025 | -0.7x | Net Cash |
| Q3 2025 | -1.2x | Net Cash |
| Q2 2025 | -1.7x | Net Cash |
| Q1 2025 | -2.7x | Net Cash |
| Q4 2024 | -5.0x | Net Cash |
BANC's net debt is more than 20 years of its operating earnings (EBITDA), after holding more cash than debt a year ago. Net leverage isn't a meaningful measure for financial services companies like BANC.
BLK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.0x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2024 | 0.2x | Very low |
| Q1 2024 | 0.3x | Very low |
| Q4 2023 | 0.1x | Very low |
BLK has the edge over BANC on leverage, with a lower net debt burden relative to earnings.
BANC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.8 | Neutral |
| Stochastic | 33.9 | Neutral |
BANC's weekly RSI is 44 (neutral) and its Stochastic is 34 (neutral).
BLK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.5 | Neutral |
| Stochastic | 79.0 | Neutral |
BLK's weekly RSI is 64 (neutral) and its Stochastic is 79 (neutral).
BANC PE vs Financial Services Sector
| Metric | BANC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
BANC has no meaningful PE right now: it lost money over the past year.
BLK PE vs Financial Services Sector
| Metric | BLK | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 113% above |
| PE % | 97 | 63 | 34 pts above |
BLK is trading at 28x earnings, a 113% premium to the Financial Services sector's median of 13x.
BANC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.8 | 0.2% above |
| 20 week MA | $18.8 | 5.3% below |
| 50 week MA | $19.0 | 6.3% below |
| 100 week MA | $17.1 | 4% above |
| 200 week MA | $15.4 | 16% above |
BANC's trend is mixed: it's above three of its five weekly moving averages, and 16% above its 200-week average.
BLK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,128.0 | 7.9% above |
| 20 week MA | $1,108.9 | 9.7% above |
| 50 week MA | $1,071.6 | 14% above |
| 100 week MA | $1,051.1 | 16% above |
| 200 week MA | $914.1 | 33% above |
BLK has the edge over BANC on trend strength, trading above more of its moving averages.
BANC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.0 | $15.0 | -12% |
| 2021 | $15.0 | $19.5 | +31% |
| 2022 | $19.5 | $15.5 | -21% |
| 2023 | $15.5 | $13.4 | -13% |
| 2024 | $13.4 | $15.5 | +15% |
| 2025 | $15.5 | $19.7 | +27% |
| 2026 YTD | $19.7 | $17.8 | -9.6% |
BANC has finished lower in three of the last six years. It's down 9.6% so far in 2026.
BLK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $503.0 | $707.2 | +41% |
| 2021 | $707.2 | $913.9 | +29% |
| 2022 | $913.9 | $703.9 | -23% |
| 2023 | $703.9 | $811.8 | +15% |
| 2024 | $811.8 | $1,044.2 | +29% |
| 2025 | $1,044.2 | $1,088.1 | +4.2% |
| 2026 YTD | $1,088.1 | $1,216.6 | +12% |
BLK has the edge over BANC on returns for 2026, with the stronger performance.