BANC vs. BAC
Compare and contrast key facts about Banc of California, Inc. (BANC) and Bank of America Corporation (BAC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BANC or BAC.
Key characteristics
| BANC | BAC | |
|---|---|---|
| YTD Return | 6.60% | 10.31% |
| 1Y Return | 36.35% | 36.57% |
| 3Y Return (Ann) | -5.65% | -0.68% |
| 5Y Return (Ann) | 1.10% | 6.34% |
| 10Y Return (Ann) | 4.25% | 11.55% |
| Sharpe Ratio | 0.80 | 1.46 |
| Daily Std Dev | 44.09% | 24.10% |
| Max Drawdown | -82.27% | -93.45% |
| Current Drawdown | -31.50% | -20.64% |
Fundamentals
| BANC | BAC | |
|---|---|---|
| Market Cap | $2.42B | $297.60B |
| EPS | -$22.88 | $2.90 |
| PE Ratio | 8.13 | 13.04 |
| PEG Ratio | 2.15 | 3.69 |
| Revenue (TTM) | $197.14M | $93.36B |
| Gross Profit (TTM) | $1.34B | $92.41B |
Correlation
The correlation between BANC and BAC is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BANC vs. BAC - Performance Comparison
In the year-to-date period, BANC achieves a 6.60% return, which is significantly lower than BAC's 10.31% return. Over the past 10 years, BANC has underperformed BAC with an annualized return of 4.25%, while BAC has yielded a comparatively higher 11.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BANC vs. BAC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Banc of California, Inc. (BANC) and Bank of America Corporation (BAC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BANC vs. BAC - Dividend Comparison
BANC's dividend yield for the trailing twelve months is around 2.81%, more than BAC's 2.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BANC Banc of California, Inc. | 2.81% | 2.98% | 1.51% | 1.22% | 1.63% | 1.80% | 3.91% | 2.52% | 2.82% | 3.28% | 4.18% | 3.58% |
BAC Bank of America Corporation | 2.55% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% | 0.67% | 0.26% |
Drawdowns
BANC vs. BAC - Drawdown Comparison
The maximum BANC drawdown since its inception was -82.27%, smaller than the maximum BAC drawdown of -93.45%. Use the drawdown chart below to compare losses from any high point for BANC and BAC. For additional features, visit the drawdowns tool.
Volatility
BANC vs. BAC - Volatility Comparison
Banc of California, Inc. (BANC) has a higher volatility of 8.39% compared to Bank of America Corporation (BAC) at 7.59%. This indicates that BANC's price experiences larger fluctuations and is considered to be riskier than BAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BANC vs. BAC - Financials Comparison
This section allows you to compare key financial metrics between Banc of California, Inc. and Bank of America Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities