BANC vs. BAC

Last updated Jun 3, 2026

BANC (Banc of California, Inc.) and BAC (Bank of America Corporation) are both stocks. Both are in the Financial Services sector — BANC in Banks - Regional, BAC in Banks - Diversified. Over the past 10 years, BANC returned 1.90%/yr vs 16.29%/yr for BAC. At a 0.38 correlation, their price movements are largely independent.

Performance

BANC vs. BAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Banc of California, Inc. (BANC) and Bank of America Corporation (BAC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BANC achieves a -0.27% return, which is significantly higher than BAC's -4.04% return. Over the past 10 years, BANC has underperformed BAC with an annualized return of 1.90%, while BAC has yielded a comparatively higher 16.29% annualized return.

BANC

• 1D: 1.49%
• 1M: 2.80%
• YTD: -0.27%
• 6M: 3.34%
• 1Y: 43.87%
• 3Y*: 21.13%
• 5Y*: 3.55%
• 10Y*: 1.90%

BAC

• 1D: 1.88%
• 1M: -1.43%
• YTD: -4.04%
• 6M: -0.26%
• 1Y: 21.73%
• 3Y*: 25.15%
• 5Y*: 6.41%
• 10Y*: 16.29%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BANC vs. BAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BANC Banc of California, Inc.	-0.27%	28.05%	18.32%	-13.04%	-17.67%	35.08%	-12.57%	31.81%	-33.68%	22.05%
BAC Bank of America Corporation	-4.04%	28.04%	33.85%	4.83%	-23.82%	49.61%	-11.63%	46.19%	-15.00%	35.69%

Correlation

The correlation between BANC and BAC is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (10Y) Calculated over the trailing 10-year period	0.61
Correlation (All Time) Calculated using the full available price history since Oct 2, 2002	0.38

The correlation between BANC and BAC shifts across timeframes, from 0.38 (all time) to 0.61 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS BANC : $2.07 BAC : $4.19
PE Ratio BANC : 9.22 BAC : 12.52
PEG Ratio BANC : 0.02 BAC : 5.03
PS Ratio BANC : 1.37 BAC : 2.27
Total Revenue (TTM) BANC : $1.66B BAC : $174.85B
Gross Profit (TTM) BANC : $809.06M BAC : $110.47B
EBITDA (TTM) BANC : $298.02M BAC : $41.74B

Return for Risk

BANC vs. BAC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BANC

BANC Risk / Return Rank: 77
BANC Sharpe Ratio Rank: 81
BANC Sortino Ratio Rank: 74
BANC Omega Ratio Rank: 76
BANC Calmar Ratio Rank: 75
BANC Martin Ratio Rank: 77

BAC

BAC Risk / Return Rank: 66
BAC Sharpe Ratio Rank: 72
BAC Sortino Ratio Rank: 64
BAC Omega Ratio Rank: 62
BAC Calmar Ratio Rank: 64
BAC Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BANC vs. BAC - Risk-Adjusted Trends 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.

	BANC	BAC	Difference
Sharpe ratio Return per unit of total volatility	1.49	1.02	+0.47
Sortino ratio Return per unit of downside risk	1.99	1.44	+0.54
Omega ratio Gain probability vs. loss probability	1.27	1.18	+0.09
Calmar ratio Return relative to maximum drawdown	2.09	1.20	+0.89
Martin ratio Return relative to average drawdown	5.57	3.13	+2.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BANC vs. BAC - Sharpe Ratio Comparison

The current BANC Sharpe Ratio is 1.49, which is higher than the BAC Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of BANC and BAC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BANC	BAC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	1.02	+0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.24	-0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.04	0.53	-0.49
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.20	-0.10

Drawdowns

BANC vs. BAC - Drawdown Comparison

The maximum BANC drawdown since its inception was -82.29%, smaller than the maximum BAC drawdown of -93.10%. Use the drawdown chart below to compare losses from any high point for BANC and BAC.

Drawdown Indicators

	BANC	BAC	Difference
Max Drawdown Largest peak-to-trough decline	-82.29%	-93.10%	+10.81%
Max Drawdown (1Y) Largest decline over 1 year	-20.47%	-17.93%	-2.54%
Max Drawdown (3Y) Largest decline over 3 years	-31.21%	-27.51%	-3.70%
Max Drawdown (5Y) Largest decline over 5 years	-53.31%	-46.64%	-6.67%
Max Drawdown (10Y) Largest decline over 10 years	-69.79%	-48.95%	-20.84%
Current Drawdown Current decline from peak	-8.83%	-7.81%	-1.02%
Average Drawdown Average peak-to-trough decline	-29.87%	-28.32%	-1.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.68%	6.91%	+0.77%

Volatility

BANC vs. BAC - Volatility Comparison

Banc of California, Inc. (BANC) and Bank of America Corporation (BAC) have volatilities of 6.66% and 6.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BANC	BAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.66%	6.54%	+0.12%
Volatility (6M) Calculated over the trailing 6-month period	19.29%	16.12%	+3.17%
Volatility (1Y) Calculated over the trailing 1-year period	29.50%	21.33%	+8.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.38%	26.85%	+9.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.21%	30.69%	+12.52%

Dividends

BANC vs. BAC - Dividend Comparison

BANC's dividend yield for the trailing twelve months is around 2.20%, more than BAC's 2.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BAC Bank of America Corporation	2.10%	1.96%	2.28%	2.73%	2.60%	1.75%	2.38%	1.87%	2.19%	1.32%	1.13%	1.19%
BANC Banc of California, Inc.	2.20%	2.07%	2.59%	2.98%	1.51%	1.22%	1.63%	1.80%	3.91%	2.52%	2.82%	3.28%

Financials

BANC vs. BAC - Profitability Comparison

The chart below illustrates the profitability comparison between Banc of California, Inc. and Bank of America Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BANC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Banc of California, Inc. reported a gross profit of 0.00 and revenue of 286.95M. Therefore, the gross margin over that period was 0.0%.

BAC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bank of America Corporation reported a gross profit of 28.94B and revenue of 30.27B. Therefore, the gross margin over that period was 95.6%.

BANC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Banc of California, Inc. reported an operating income of 0.00 and revenue of 286.95M, resulting in an operating margin of 0.0%.

BAC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bank of America Corporation reported an operating income of 10.40B and revenue of 30.27B, resulting in an operating margin of 34.4%.

BANC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Banc of California, Inc. reported a net income of 71.95M and revenue of 286.95M, resulting in a net margin of 25.1%.

BAC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bank of America Corporation reported a net income of 8.58B and revenue of 30.27B, resulting in a net margin of 28.4%.

Frequently Asked Questions

Can I hold both BANC and BAC in my portfolio?

BANC and BAC have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BANC or BAC?

BANC has higher volatility (6.66%) compared to BAC (6.54%). In terms of maximum drawdown, BANC dropped -82.29% vs BAC's -93.10%.

Which has better risk-adjusted returns?

BANC currently has the higher Sharpe Ratio (1.49 vs 1.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.