Is Banc of California, Inc. overvalued or undervalued?

As of 3 October 2025, the valuation grade for Banc of California, Inc. moved from fair to attractive, indicating a shift towards a more favorable assessment. The company appears to be undervalued, supported by a P/E ratio of 16, a Price to Book Value of 0.63, and a PEG Ratio of 0.10, all suggesting that the stock is trading below its intrinsic value compared to its earnings growth potential.
In comparison to its peers, Banc of California's P/E ratio of 16 is notably higher than that of Berkshire Hills Bancorp, Inc. at 10.31, but lower than German American Bancorp, Inc. at 18.19. The company's dividend yield of 104.18% also stands out, indicating strong returns to shareholders. Over the past year, Banc of California has outperformed the S&P 500 with a return of 23.29% compared to the index's 17.82%, reinforcing the attractiveness of its current valuation.