BANC, WAFD, C Flagged as Risky Bank Stocks Amid Credit Concerns

StockStory on June 5, 2026, named Banc of California (NYSE:BANC), WaFd (NASDAQ:WAFD), and Citigroup (NYSE:C) as risky bank stocks, pointing to credit quality issues and regulatory uncertainty. The warning follows a period of underperformance for the sector, which gained 6.7% over six months versus the S&P 500’s 10% advance. Banc of California carries a $2.98 billion market capitalization and trades at 0.9 times forward price-to-book. WaFd, with a $2.63 billion market cap, also trades at 0.9 times forward P/B. Citigroup—the largest at $230.5 billion—fetches 1.1 times forward P/B. The report urges caution, highlighting these banks' vulnerability to interest rate swings and economic cycles.