BANC vs. WAFD, WSFS, NWBI, OCFC, DCOM, PRK, FFBC, SFNC, FRME, and CBU
Should you be buying Banc of California stock or one of its competitors? The main competitors of Banc of California include WaFd (WAFD), WSFS Financial (WSFS), Northwest Bancshares (NWBI), OceanFirst Financial (OCFC), Dime Community Bancshares (DCOM), Park National (PRK), First Financial Bancorp. (FFBC), Simmons First National (SFNC), First Merchants (FRME), and Community Bank System (CBU). These companies are all part of the "national commercial banks" industry.
Banc of California (NYSE:BANC) and WaFd (NASDAQ:WAFD) are both mid-cap finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, institutional ownership, earnings, community ranking, media sentiment, risk, dividends and valuation.
Banc of California currently has a consensus target price of $16.31, indicating a potential upside of 11.81%. WaFd has a consensus target price of $34.00, indicating a potential upside of 13.18%. Given WaFd's stronger consensus rating and higher probable upside, analysts plainly believe WaFd is more favorable than Banc of California.
86.9% of Banc of California shares are owned by institutional investors. Comparatively, 83.7% of WaFd shares are owned by institutional investors. 7.4% of Banc of California shares are owned by insiders. Comparatively, 2.3% of WaFd shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Banc of California has a beta of 1.17, meaning that its stock price is 17% more volatile than the S&P 500. Comparatively, WaFd has a beta of 0.84, meaning that its stock price is 16% less volatile than the S&P 500.
Banc of California received 94 more outperform votes than WaFd when rated by MarketBeat users. Likewise, 58.86% of users gave Banc of California an outperform vote while only 49.43% of users gave WaFd an outperform vote.
In the previous week, Banc of California had 16 more articles in the media than WaFd. MarketBeat recorded 39 mentions for Banc of California and 23 mentions for WaFd. WaFd's average media sentiment score of 0.40 beat Banc of California's score of -0.08 indicating that WaFd is being referred to more favorably in the news media.
WaFd has a net margin of 15.33% compared to Banc of California's net margin of -29.10%. WaFd's return on equity of 10.02% beat Banc of California's return on equity.
Banc of California pays an annual dividend of $0.40 per share and has a dividend yield of 2.7%. WaFd pays an annual dividend of $1.04 per share and has a dividend yield of 3.5%. Banc of California pays out -12.0% of its earnings in the form of a dividend. WaFd pays out 39.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
WaFd has lower revenue, but higher earnings than Banc of California. Banc of California is trading at a lower price-to-earnings ratio than WaFd, indicating that it is currently the more affordable of the two stocks.
Summary
WaFd beats Banc of California on 11 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BANC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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