Kris Gagnon - Banc Of Chief Credit Officer
| BANC Stock | USD 14.63 0.41 2.88% |
Executive
Mr. Kris Gagnon is Chief Credit Officer of the Company. Most recently, Mr. Gagnon was appointed Chief Credit Officer on February 7, 2018. Mr. Gagnon has extensive banking experience including several years of commercial banking centered in key credit roles for numerous institutions, as well as extensive knowledge of the Southern California market as well as diversified business sectors and verticals since 2018.
| Age | 66 |
| Tenure | 6 years |
| Address | 11611 San Vicente Boulevard, Los Angeles, CA, United States, 90049 |
| Phone | 855 361 2262 |
| Web | https://bancofcal.com |
Banc Of Management Efficiency
The company has return on total asset (ROA) of (0.0166) % which means that it has lost $0.0166 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2156) %, meaning that it created substantial loss on money invested by shareholders. Banc Of's management efficiency ratios could be used to measure how well Banc Of manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.05. The current year's Return On Capital Employed is expected to grow to -0.0011. At present, Banc Of's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 34.8 B, whereas Other Assets are forecasted to decline to 0.95.Similar Executives
| Showing other executives | EXECUTIVE Age | ||
| Suzana Kubric | Nu Holdings | 44 | |
| Jong Jeong | Woori Financial Group | N/A | |
| Chang Lee | Woori Financial Group | 55 | |
| Dong Lee | KB Financial Group | 63 | |
| Jeong Kim | Woori Financial Group | 57 | |
| Jeong Park | KB Financial Group | 55 | |
| Jong Yang | KB Financial Group | 63 | |
| TaeJoong Ha | Woori Financial Group | 65 | |
| Hyeon Hong | Woori Financial Group | 57 | |
| An Jang | Woori Financial Group | 56 | |
| MBA B | VersaBank | N/A | |
| MiYoung Shin | Woori Financial Group | N/A | |
| Andrew CPA | Axos Financial | 67 | |
| Candace Thiele | Axos Financial | N/A | |
| ChaiPong Cheong | Woori Financial Group | 65 | |
| Elita Ariaz | Nu Holdings | N/A | |
| Dong Han | KB Financial Group | 59 | |
| SungWook Lee | Woori Financial Group | 59 | |
| Hye Seo | KB Financial Group | 58 | |
| Charlotte JD | Prosperity Bancshares | 59 | |
| Livia Chanes | Nu Holdings | N/A | |
Management Performance
| Return On Equity | -0.22 | ||||
| Return On Asset | -0.0166 |
Banc of California Leadership Team
Elected by the shareholders, the Banc Of's board of directors comprises two types of representatives: Banc Of inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Banc. The board's role is to monitor Banc Of's management team and ensure that shareholders' interests are well served. Banc Of's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Banc Of's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael David, Executive BankingWest | ||
| Mary Curran, Independent Director | ||
| Ido JD, General VP | ||
| John Sotoodeh, Chief Officer | ||
| Andrew Thau, Independent Director | ||
| W Wycoff, Independent Director | ||
| Joubin Rahimi, VP Banking | ||
| Sean Lynden, President Group | ||
| Rachel Fisher, Corporate Secretary | ||
| Shannon Eusey, Independent Director | ||
| Angelee Harris, General Counsel | ||
| Diana Hanson, Senior Vice President Chief Accounting Officer | ||
| Raymond Rindone, Deputy VP | ||
| Lynn Hopkins, Chief Financial Officer, Executive Vice President | ||
| Jim Wiegandt, Executive Vice President and Head of Real Estate Banking | ||
| Paul Simmons, Chief Credit Officer | ||
| Monica Sparks, Executive Officer | ||
| Jared Wolff, President, Chief Executive Officer, Director | ||
| Jonah Schnel, Independent Director | ||
| Olivia Lindsay, Executive Officer | ||
| Jeffrey Karish, Independent Director | ||
| Hamid Hussain, Executive President | ||
| John Grosvenor, Executive Vice President General Counsel | ||
| Barbara FallonWalsh, Independent Director | ||
| Halle Benett, Independent Director | ||
| Thedora Nickel, Chief Administrative Officer | ||
| Matthew March, Executive Vice President Chief Administrative Officer, CIO | ||
| James McKinney, Principal Accounting Officer, Executive VP, Principal Accounting Officer of Banc of California National Association and Executive VP of Banc of California National Association | ||
| Douglas Bowers, President CEO, Director | ||
| Jeffrey Seabold, Chief Banking Officer, Executive VP, Chief Lending Officer of Banc of California, National Association and Executive VP of Banc of California, National Association | ||
| Jim Hazboun, Chief Human Resource Officer, Chief Administrative Officer | ||
| Lynn Sullivan, Executive Vice President Chief Risk Officer | ||
| Albert Wang, Principal Financial Officer, Executive Vice President Chief Accounting Officer | ||
| Vania Schlogel, Independent Director | ||
| Ido Dotan, Executive Vice President General Counsel, Corporate Secretary | ||
| Wycoff Kirk, Independent Director | ||
| Hugh Boyle, Chief Credit Officer, Chief Risk Officer, Executive VP, Chief Credit Officer of Banc of California, National Association, Chief Risk Officer of Banc of California, National Association and Executive VP of Banc of California, National Association | ||
| Joseph Kauder, Executive CFO | ||
| Richard Lashley, Independent Director | ||
| Lawrence Gee, Interim Chief Accounting Officer | ||
| Michael Smith, Chief Accounting Officer | ||
| Timothy Sedabres, IR Contact Officer | ||
| Chad Brownstein, Independent Director | ||
| Robert Sznewajs, Independent Chairman of the Board | ||
| Rita Dailey, Executive Vice President Head of Deposits and Treasury Management Services | ||
| Francisco Turner, Chief Strategy Officer | ||
| James Barker, Independent Director | ||
| John Bogler, CFO, Executive Vice President | ||
| Douglas Rosenthal, VP Mang | ||
| Robert Dyck, Executive Vice President Chief Credit Officer | ||
| Alex Kweskin, Chief Human Resource Officer, Executive Vice President of Company and the Bank | ||
| Brian Kuelbs, Chief Investment Officer | ||
| Denis Kalscheur, Independent Director | ||
| Kris Gagnon, Chief Credit Officer | ||
| Eric Holoman, Director | ||
| J Turner, Chief Strategy Officer | ||
| Bonnie Hill, Independent Director | ||
| Kirk Wycoff, Director | ||
| Steven Sugarman, Chairman, CEO and President Chairman of Joint Strategic and Executive Committee, Member of Joint Enterprise Risk Management Committee, Member of Joint Community Devel. Committee and President of Banc of California, National Association, CEO of Banc of California, National Association and Chairman of Banc of California, National Association |
Banc Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Banc Of a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.22 | ||||
| Return On Asset | -0.0166 | ||||
| Operating Margin | 0.31 % | ||||
| Current Valuation | 2.95 B | ||||
| Shares Outstanding | 157.71 M | ||||
| Shares Owned By Insiders | 1.09 % | ||||
| Shares Owned By Institutions | 90.52 % | ||||
| Number Of Shares Shorted | 10.51 M | ||||
| Price To Earning | 53.03 X | ||||
| Price To Book | 0.77 X |
Pair Trading with Banc Of
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banc Of position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banc Of will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Banc Of could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banc Of when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banc Of - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banc of California to buy it.
The correlation of Banc Of is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banc Of moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banc of California moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banc Of can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Banc Stock analysis
When running Banc Of's price analysis, check to measure Banc Of's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Banc Of is operating at the current time. Most of Banc Of's value examination focuses on studying past and present price action to predict the probability of Banc Of's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banc Of's price. Additionally, you may evaluate how the addition of Banc Of to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |
Is Banc Of's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banc Of. If investors know Banc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banc Of listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.85 | Earnings Share (22.88) | Revenue Per Share 1.821 | Quarterly Revenue Growth (0.16) | Return On Assets (0.02) |
The market value of Banc of California is measured differently than its book value, which is the value of Banc that is recorded on the company's balance sheet. Investors also form their own opinion of Banc Of's value that differs from its market value or its book value, called intrinsic value, which is Banc Of's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banc Of's market value can be influenced by many factors that don't directly affect Banc Of's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banc Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banc Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banc Of's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.