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Banc of California (BANC) Financials

Banc of California logo
$19.70 -0.47 (-2.31%)
Closing price 03:59 PM Eastern
Extended Trading
$19.74 +0.04 (+0.20%)
As of 04:41 PM Eastern
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Annual Income Statements for Banc of California

Annual Income Statements for Banc of California

This table shows Banc of California's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 52 96 36 23 2.62 -1.10 607 404 -1,939 87 189
Consolidated Net Income / (Loss)		 62 115 58 45 24 13 607 424 -1,899 127 229
Net Income / (Loss) Continuing Operations		 41 87 53 42 24 13 607 424 -1,899 127 229
Total Pre-Tax Income 		69 100 27 47 28 14 822 568 -2,211 169 313
Total Revenue		 287 409 349 310 260 243 1,298 1,366 299 1,003 1,120
Net Interest Income / (Expense)		 211 310 304 286 248 225 1,104 1,291 747 926 977
Total Interest Income		 254 370 389 423 391 291 1,159 1,556 1,971 1,813 1,677
Loans and Leases Interest Income		 229 282 281 329 334 257 996 1,313 1,496 1,502 1,440
Investment Securities Interest Income		 20 80 100 84 48 29 153 210 175 141 153
Deposits and Money Market Investments Interest Income		 - - - - - - 8.80 34 300 170 83
Total Interest Expense		 43 59 85 137 143 66 55 266 1,224 887 699
Deposits Interest Expense		 26 40 60 91 101 38 28 200 748 716 558
Long-Term Debt Interest Expense		 17 18 24 44 42 28 27 65 475 171 141
Total Non-Interest Income		 76 99 45 24 12 19 194 75 -448 77 142
Service Charges on Deposit Accounts		 - 0.63 1.03 3.72 0.68 0.51 13 14 16 19 19
Other Service Charges		 12 24 15 16 6.86 14 59 61 69 59 66
Net Realized & Unrealized Capital Gains on Investments		 50 72 27 5.20 3.02 2.01 122 -2.61 -525 -0.66 56
Other Non-Interest Income		 1.08 2.34 2.34 -1.08 1.56 2.49 - 2.49 -9.18 0.62 1.72
Provision for Credit Losses		 7.47 5.27 14 31 36 30 -162 25 52 43 71
Total Non-Interest Expense		 210 303 308 232 196 199 637 774 2,458 792 736
Salaries and Employee Benefits		 115 146 129 110 106 97 368 407 332 341 350
Net Occupancy & Equipment Expense		 36 75 46 39 38 36 89 107 113 128 116
Property & Liability Insurance Claims		 - - - - - - 17 25 136 71 33
Other Operating Expenses		 50 70 87 58 36 63 105 150 312 203 183
Depreciation Expense		 - - - - - - 36 36 34 29 26
Amortization Expense		 5.84 4.85 3.93 3.01 2.20 1.52 13 14 11 33 28
Impairment Charge		 0.26 0.69 0.34 - - - 0.00 29 1,377 0.00 0.00
Restructuring Charge		 0.00 0.00 5.33 4.43 4.26 0.00 9.42 5.70 143 -14 0.00
Income Tax Expense		 28 14 -27 4.84 4.22 1.79 215 144 -312 42 84
Preferred Stock Dividends Declared		 9.82 20 20 22 21 13 0.00 19 40 40 40
Basic Earnings per Share		 $1.36 $1.97 $0.72 $0.90 $0.10 ($0.04) $7.76 $5.14 ($22.71) $0.52 $1.18
Weighted Average Basic Shares Outstanding		 38.40M 48.50M 51.70M 52.60M 50.90M 50.61M 62.67M 59.03M 156.79M 158.35M 149.96M
Diluted Earnings per Share		 $1.34 $1.94 $0.71 $0.90 $0.10 ($0.04) $7.76 $5.14 ($22.71) $0.52 $1.17
Weighted Average Diluted Shares Outstanding		 38.40M 48.50M 51.70M 52.60M 50.90M 50.61M 62.67M 59.03M 156.79M 158.35M 149.96M
Basic & Diluted Earnings per Share		 - - - - - - - $404,274,000.00 ($1,938,925,000.00) $87,100,000.00 $189,185,000.00
Weighted Average Basic & Diluted Shares Outstanding		 38.40M 48.50M 51.70M 52.60M 50.90M 50.61M 62.67M 59.03M 156.79M 158.35M 149.96M
Cash Dividends to Common per Share		 $0.48 $0.49 $0.52 $0.52 $0.31 $0.24 $0.24 - $0.53 - $0.40

Quarterly Income Statements for Banc of California

This table shows Banc of California's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 -33 -493 21 20 -1.16 47 44 18 60 67 62
Consolidated Net Income / (Loss)		 -23 -483 31 30 8.78 57 54 28 70 77 72
Net Income / (Loss) Continuing Operations		 -23 -483 31 30 8.78 57 54 28 70 77 72
Total Pre-Tax Income 		-27 -660 42 45 12 70 73 48 92 100 96
Total Revenue		 175 -249 263 259 217 264 266 273 288 293 287
Net Interest Income / (Expense)		 131 151 229 229 232 235 232 240 253 251 252
Total Interest Income		 446 467 479 463 447 425 407 421 433 417 407
Loans and Leases Interest Income		 310 346 385 389 370 357 346 362 373 359 350
Investment Securities Interest Income		 45 41 34 34 35 38 38 38 38 40 42
Deposits and Money Market Investments Interest Income		 90 80 59 40 42 29 23 21 22 18 16
Total Interest Expense		 315 316 250 233 215 189 174 180 179 166 156
Deposits Interest Expense		 206 208 195 186 181 154 141 145 143 130 120
Long-Term Debt Interest Expense		 109 108 55 47 34 35 34 35 36 36 36
Total Non-Interest Income		 44 -400 34 30 -15 29 34 33 34 42 35
Service Charges on Deposit Accounts		 4.02 4.56 4.71 4.54 4.57 4.77 4.54 4.46 5.11 5.04 4.98
Other Service Charges		 23 17 14 12 19 14 16 17 17 16 19
Net Realized & Unrealized Capital Gains on Investments		 16 -425 14 14 -39 10 13 10 12 20 11
Other Non-Interest Income		 0.22 3.00 0.51 -0.36 0.14 0.34 -0.30 1.22 0.43 0.36 0.94
Provision for Credit Losses		 0.00 47 10 11 9.00 13 9.30 39 9.70 13 9.80
Total Non-Interest Expense		 201 364 211 204 196 181 184 186 186 181 181
Salaries and Employee Benefits		 72 89 92 86 86 78 86 88 89 86 91
Net Occupancy & Equipment Expense		 28 29 33 33 32 30 30 29 29 28 29
Property & Liability Insurance Claims		 38 60 20 26 13 11 7.28 9.40 8.99 7.07 6.76
Other Operating Expenses		 42 62 49 55 51 48 46 46 45 46 43
Depreciation Expense		 8.33 7.45 7.52 7.51 7.14 7.10 6.74 6.70 6.75 6.20 5.30
Amortization Expense		 2.39 4.23 8.40 8.48 8.49 7.77 7.16 7.16 7.16 6.79 6.35
Income Tax Expense		 -3.22 -177 12 14 2.73 13 19 19 23 22 24
Preferred Stock Dividends Declared		 9.95 9.95 9.95 9.95 9.95 9.95 9.95 9.95 9.95 9.95 9.95
Basic Earnings per Share		 ($0.42) ($4.06) $0.12 $0.12 ($0.01) $0.29 $0.26 $0.12 $0.38 $0.42 $0.40
Weighted Average Basic Shares Outstanding		 57.44M 156.79M 157.75M 158.30M 158.33M 158.35M 147.14M 147.30M 150.83M 149.96M 153.72M
Diluted Earnings per Share		 ($0.42) ($4.06) $0.12 $0.12 ($0.01) $0.29 $0.26 $0.12 $0.38 $0.41 $0.39
Weighted Average Diluted Shares Outstanding		 57.44M 156.79M 157.75M 158.30M 158.33M 158.35M 147.14M 147.30M 150.83M 149.96M 153.72M
Basic & Diluted Earnings per Share		 ($33,291,000.00) ($492,902,000.00) $20,905,000.00 $20,386,000.00 ($1,163,000.00) $46,972,000.00 $43,621,000.00 $18,438,000.00 $59,682,000.00 $67,444,000.00 $62,005,000.00
Weighted Average Basic & Diluted Shares Outstanding		 57.44M 156.79M 157.75M 158.30M 158.33M 158.35M 147.14M 147.30M 150.83M 149.96M 153.72M

Annual Cash Flow Statements for Banc of California

This table details how cash moves in and out of Banc of California's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -75 283 -52 3.89 -18 -153 897 -1,817 3,137 -2,875 -194
Net Cash From Operating Activities		 -43 18 563 123 80 75 503 702 136 77 256
Net Cash From Continuing Operating Activities		 -43 18 563 123 80 75 503 702 136 77 256
Net Income / (Loss) Continuing Operations		 62 115 58 45 24 13 607 424 -1,899 127 229
Consolidated Net Income / (Loss)		 62 115 58 45 24 13 607 424 -1,899 127 229
Provision For Loan Losses		 9.99 2.24 13 29 35 29 -162 25 54 45 71
Depreciation Expense		 9.15 12 12 11 16 16 52 54 53 55 49
Amortization Expense		 -23 -30 -3.07 3.82 3.78 0.18 57 97 76 57 71
Non-Cash Adjustments to Reconcile Net Income		 -93 -66 548 21 20 26 57 109 2,022 107 23
Changes in Operating Assets and Liabilities, net		 -8.69 -15 -66 13 -19 -8.83 -108 -5.44 -170 -313 -189
Net Cash From Investing Activities		 -2,257 -2,318 152 -470 2,795 -267 -5,714 -3,570 12,609 1,891 -1,478
Net Cash From Continuing Investing Activities		 -2,257 -2,318 152 -470 2,795 -267 -5,714 -3,570 12,609 1,891 -1,478
Purchase of Property, Leasehold Improvements and Equipment		 -130 -45 -15 -9.00 -10 -5.09 -17 -20 -15 -13 -21
Acquisitions		 0.00 0.00 - -6.36 - - - 0.00 335 - 0.00
Purchase of Investment Securities		 -3,843 -7,743 -2,182 -2,015 -285 -368 -10,790 -6,357 147 -1,522 -2,282
Sale of Property, Leasehold Improvements and Equipment		 51 0.03 2.66 4.19 - - 0.10 0.01 9.02 0.19 0.00
Sale and/or Maturity of Investments		 1,700 5,293 2,328 1,557 3,090 106 1,366 2,908 12,108 962 782
Other Investing Activities, net		 -35 -71 -38 -0.46 0.65 -0.53 -31 -101 26 2,464 43
Net Cash From Financing Activities		 2,224 2,584 -767 351 -2,894 39 6,108 1,051 -9,608 -4,844 1,028
Net Cash From Continuing Financing Activities		 2,224 2,584 -767 351 -2,894 39 6,108 1,090 -9,608 -4,844 841
Net Change in Deposits		 1,678 2,839 -1,849 624 -2,489 659 5,897 -1,061 -10,082 -3,210 651
Issuance of Debt		 934 68 1,305 380 0.00 194 339 1,763 186 -1,524 672
Issuance of Common Equity		 0.00 175 - - - - 0.00 0.00 383 0.31 0.00
Repurchase of Common Equity		 - - - 0.00 0.00 -12 - - 0.00 0.00 -375
Payment of Dividends		 -27 -42 -47 -55 -32 -26 -119 -101 -89 -108 -104
Other Financing Activities, Net		 -1.75 -4.80 -73 -2.37 -1.02 -10 -8.51 -9.53 -5.42 -2.71 -3.64
Cash Interest Paid		 45 59 82 131 152 66 53 238 1,064 1,015 715
Cash Income Taxes Paid		 33 42 11 13 3.13 0.76 136 97 -68 -14 7.55

Quarterly Cash Flow Statements for Banc of California

This table details how cash moves in and out of Banc of California's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -628 -692 -2,292 -386 -145 -52 -158 9.66 45 -90 -91
Net Cash From Operating Activities		 30 82 -88 39 47 80 15 63 76 102 49
Net Cash From Continuing Operating Activities		 30 82 -88 -9.07 47 205 15 63 76 102 49
Net Income / (Loss) Continuing Operations		 -23 -483 31 30 8.78 57 54 28 70 77 72
Consolidated Net Income / (Loss)		 -23 -483 31 30 8.78 57 54 28 70 77 72
Provision For Loan Losses		 0.02 48 10 12 9.21 -29 9.57 39 9.82 13 9.84
Depreciation Expense		 13 12 14 14 14 13 13 12 12 12 11
Amortization Expense		 18 19 23 24 -3.39 47 18 18 18 17 17
Non-Cash Adjustments to Reconcile Net Income		 6.33 459 4.97 5.25 89 80 5.02 6.83 6.45 4.87 5.29
Changes in Operating Assets and Liabilities, net		 16 26 -171 -94 -70 37 -84 -42 -40 -22 -66
Net Cash From Investing Activities		 716 5,963 107 392 1,658 -266 -385 -494 286 -885 -39
Net Cash From Continuing Investing Activities		 716 5,963 107 392 1,658 -266 -385 -494 286 -885 -39
Purchase of Property, Leasehold Improvements and Equipment		 -2.86 -3.11 -1.94 -4.70 -2.27 -4.13 -1.53 -1.27 -0.19 -18 -3.38
Purchase of Investment Securities		 -54 -96 -211 97 -1,035 -372 -493 -639 -73 -1,076 -178
Sale and/or Maturity of Investments		 744 5,727 324 303 226 2,565 105 147 358 172 133
Other Investing Activities, net		 19 0.56 -3.12 -3.55 2,470 -2,455 5.42 -0.36 1.07 36 9.37
Net Cash From Financing Activities		 -1,375 -6,737 -2,311 -817 -1,849 134 211 440 -316 693 -100
Net Cash From Continuing Financing Activities		 -1,375 -6,737 -2,311 -817 -1,849 134 211 440 -316 505 -100
Net Change in Deposits		 -1,298 -2,745 -1,509 -88 -1,976 364 1.28 335 -344 659 -521
Issuance of Debt		 -64 -5,873 300 300 500 -2,624 280 420 90 -118 490
Issuance of Common Equity		 - 383 0.07 0.08 0.10 0.07 0.07 0.07 0.15 -0.29 0.00
Repayment of Debt		 -1.66 - -1,074 -1,001 -347 2,422 -1.01 -175 -0.78 - -2.40
Repurchase of Common Equity		 - - 0.00 - - - -39 -113 -36 -188 -32
Payment of Dividends		 -11 -27 -27 -27 -26 -28 -27 -26 -26 -24 -29
Other Financing Activities, Net		 -0.19 -0.15 -1.24 -1.15 -0.16 -0.16 -2.70 -0.69 -0.23 -0.02 -5.57
Cash Interest Paid		 248 349 361 247 212 195 181 192 170 172 154
Cash Income Taxes Paid		 -0.05 -69 -7.19 0.02 0.02 -7.29 -0.26 -7.91 0.10 16 -0.34

Annual Balance Sheets for Banc of California

This table presents Banc of California's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 8,236 11,030 10,328 10,630 7,828 7,877 9,394 41,229 38,534 33,543 34,797
Cash and Due from Banks		 15 17 20 22 29 38 42 212 202 192 181
Interest Bearing Deposits at Other Banks		 141 423 368 370 345 182 186 2,028 5,175 2,310 2,127
Trading Account Securities		 2,465 3,564 2,691 2,030 942 1,259 1,316 7,113 4,634 4,553 4,763
Loans and Leases, Net of Allowance		 0.00 0.00 6,610 7,639 0.00 5,817 7,159 28,408 25,208 23,542 24,787
Loans and Leases		 - - 6,659 7,701 - 5,898 7,251 28,609 25,490 23,782 25,033
Allowance for Loan and Lease Losses		 - - 49 62 - 81 93 201 282 239 246
Loans Held for Sale		 - - - - 23 1.41 - 65 123 26 183
Premises and Equipment, Net		 112 141 136 129 128 122 113 459 491 450 385
Goodwill		 39 37 37 37 37 37 94 1,377 199 215 215
Intangible Assets		 19 14 9.35 6.35 4.15 2.63 6.41 31 165 133 105
Other Assets		 5,443 6,834 457 397 6,321 417 477 1,536 2,336 2,122 2,052
Total Liabilities & Shareholders' Equity		 8,236 11,030 10,328 10,630 7,828 7,877 9,394 41,229 38,534 33,543 34,797
Total Liabilities		 7,583 10,050 9,316 9,685 6,921 6,980 8,328 37,278 35,143 30,043 31,256
Non-Interest Bearing Deposits		 1,121 1,283 1,072 1,023 1,089 1,559 2,788 11,212 7,774 7,720 7,823
Interest Bearing Deposits		 5,182 7,860 6,221 6,893 4,339 4,527 4,651 22,724 22,628 19,472 20,021
Long-Term Debt		 1,202 673 1,874 1,693 1,375 802 750 2,763 3,848 2,334 3,017
Other Long-Term Liabilities		 78 166 148 72 119 93 114 711 894 517 396
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 652 980 1,012 946 907 897 1,065 3,951 3,391 3,500 3,541
Total Preferred & Common Equity		 652 980 1,012 946 907 897 1,065 3,951 3,391 3,500 3,541
Preferred Stock		 191 269 269 231 190 185 95 499 499 499 499
Total Common Equity		 461 711 743 714 717 712 970 3,452 2,892 3,001 3,041
Common Stock		 430 614 621 626 630 635 856 2,822 3,843 3,787 3,552
Retained Earnings		 64 135 145 141 128 110 148 1,421 -518 -431 -242
Accumulated Other Comprehensive Income / (Loss)		 -3.00 -9.04 5.23 -24 -12 7.75 7.74 -791 -432 -355 -269

Quarterly Balance Sheets for Banc of California

This table presents Banc of California's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 9,369 10,039 9,370 9,247 36,074 35,244 33,433 33,780 34,250 34,013 34,724
Cash and Due from Banks		 69 37 43 46 200 203 252 216 222 205 214
Interest Bearing Deposits at Other Banks		 187 974 241 265 2,885 2,495 2,302 2,128 2,131 2,193 2,003
Trading Account Securities		 1,199 1,287 1,250 1,314 4,579 4,541 4,602 4,646 4,563 4,730 4,970
Loans and Leases, Net of Allowance		 7,197 6,970 7,075 6,887 25,420 -274 -280 -235 24,017 23,870 24,539
Loans and Leases		 7,289 7,054 7,156 6,961 25,712 -26 -26 - 24,246 24,111 24,780
Allowance for Loan and Lease Losses		 92 85 81 74 292 248 254 235 229 241 242
Loans Held for Sale		 - - - - 81 1,935 29 26 466 211 259
Premises and Equipment, Net		 108 108 108 109 485 482 458 435 427 414 370
Goodwill		 114 114 114 114 199 216 217 215 215 215 215
Intangible Assets		 8.08 7.07 6.60 6.14 157 149 141 126 119 112 99
Other Assets		 487 7,512 532 506 2,307 25,222 25,433 26,223 2,092 2,063 2,056
Total Liabilities & Shareholders' Equity		 9,369 10,039 9,370 9,247 36,074 35,244 33,433 33,780 34,250 34,013 34,724
Total Liabilities		 8,417 9,080 8,413 8,245 32,679 31,836 29,936 30,258 30,824 30,546 31,171
Non-Interest Bearing Deposits		 2,944 2,507 2,447 2,367 7,834 7,825 7,812 7,594 7,441 7,604 7,798
Interest Bearing Deposits		 4,337 4,445 4,424 4,274 21,059 20,979 19,016 19,599 20,087 19,581 19,525
Long-Term Debt		 1,005 2,008 1,422 1,283 3,077 2,380 2,534 2,616 2,866 2,956 3,505
Other Long-Term Liabilities		 121 120 120 136 710 651 574 449 429 406 343
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 952 959 957 1,002 3,394 3,408 3,496 3,522 3,427 3,467 3,553
Total Preferred & Common Equity		 952 959 957 1,002 3,394 3,408 3,496 3,522 3,427 3,467 3,553
Preferred Stock		 0.00 - - - 499 499 499 499 499 499 499
Total Common Equity		 952 959 957 1,002 2,894 2,908 2,996 3,023 2,928 2,967 3,055
Common Stock		 865 867 869 870 3,828 3,813 3,802 3,734 3,611 3,563 3,503
Retained Earnings		 231 264 275 312 -497 -477 -478 -388 -369 -309 -180
Accumulated Other Comprehensive Income / (Loss)		 -48 -50 -50 -43 -436 -429 -328 -323 -313 -287 -268

Annual Metrics And Ratios for Banc of California

This table displays calculated financial ratios and metrics derived from Banc of California's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 - - - - - - - - - - 150,826,368.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 150,826,368.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 1.52
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -4.65% 42.53% -14.70% -11.14% -16.04% -6.46% 433.04% 5.23% -78.12% 235.69% 11.60%
EBITDA Growth		 1,269.63% 47.84% -55.86% 70.15% -21.89% -36.00% 2,920.49% -22.95% -390.17% 115.07% 54.81%
EBIT Growth		 161.34% 45.29% -73.24% 74.73% -40.46% -48.67% 5,626.56% -30.98% -489.62% 107.63% 85.63%
NOPAT Growth		 36.13% 110.95% -38.35% -21.18% -43.63% -47.08% 4,727.10% -30.21% -465.41% 108.20% 80.45%
Net Income Growth		 105.50% 85.94% -50.00% -21.20% -47.75% -47.08% 4,727.10% -30.21% -548.32% 106.68% 80.45%
EPS Growth		 48.89% 44.78% -63.40% 26.76% -88.89% -140.00% 19,500.00% -33.76% -541.83% 102.29% 125.00%
Operating Cash Flow Growth		 93.15% 142.13% 3,008.33% -78.15% -34.75% -6.72% 571.84% 39.57% -80.66% -43.01% 230.34%
Free Cash Flow Firm Growth		 -5.37% 138.14% -607.08% 126.09% 31.24% 56.49% -17.72% -1,013.02% 53.67% 173.90% -132.32%
Invested Capital Growth		 49.73% -7.15% 67.68% -8.59% -13.52% -25.55% 6.88% 269.75% 7.82% -19.41% 12.41%
Revenue Q/Q Growth		 -30.40% 60.12% -9.49% 29.32% 0.00% 0.00% 393.49% 0.66% -82.01% 104.91% 2.63%
EBITDA Q/Q Growth		 -16.43% 57.29% -22.79% -4.41% 246.05% 25.81% 686.65% -28.06% -133.93% 166.47% -0.34%
EBIT Q/Q Growth		 -11.49% 35.06% -35.06% -7.85% 0.00% 0.00% 700.64% -35.98% -97.08% 130.04% 10.48%
NOPAT Q/Q Growth		 -22.66% 43.84% -20.34% 77.18% 0.00% 0.00% 675.19% -34.81% -97.08% 132.29% 9.82%
Net Income Q/Q Growth		 16.80% 14.06% -27.57% 28.79% 0.00% 0.00% 675.19% -34.81% -73.92% 130.72% 9.82%
EPS Q/Q Growth		 8.94% 0.00% 0.00% 114.29% 0.00% 0.00% 255.96% -42.83% -37.14% 113.58% 11.43%
Operating Cash Flow Q/Q Growth		 6.70% 107.93% -16.46% -17.25% -7.41% 27.48% 349.21% 30.54% -78.97% -2.24% 9.55%
Free Cash Flow Firm Q/Q Growth		 31.40% 226.30% -70.21% 841.77% 901.00% -46.41% 173.97% -2,279.51% -86.25% 137.01% -169.17%
Invested Capital Q/Q Growth		 6.22% -13.02% 6.93% -4.48% -16.24% 5.33% 20.07% 243.10% 216.89% -3.26% 2.10%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 19.36% 20.08% 10.39% 19.90% 18.51% 12.67% 71.77% 52.56% -696.88% 31.29% 38.75%
EBIT Margin		 24.11% 24.57% 7.71% 15.16% 10.75% 5.90% 63.37% 41.56% -739.97% 16.81% 27.97%
Profit (Net Income) Margin		 21.63% 28.22% 16.54% 14.67% 9.13% 5.16% 46.77% 31.02% -635.50% 12.65% 20.45%
Tax Burden Percent		 89.74% 114.85% 214.59% 96.77% 84.92% 87.56% 73.81% 74.64% 85.88% 75.24% 73.14%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 40.55% 13.68% -98.84% 10.31% 15.08% 12.44% 26.19% 25.36% 0.00% 24.76% 26.86%
Return on Invested Capital (ROIC)		 2.66% 4.85% 2.32% 1.53% 0.97% 0.63% 34.54% 9.93% -22.19% 1.94% 3.70%
ROIC Less NNEP Spread (ROIC-NNEP)		 4.82% 7.80% 2.64% 1.71% 0.97% 0.63% 34.54% 9.93% -32.81% 1.94% 3.70%
Return on Net Nonoperating Assets (RNNOA)		 8.08% 9.29% 3.47% 3.12% 1.60% 0.76% 27.32% 6.96% -29.55% 1.74% 2.81%
Return on Equity (ROE)		 10.74% 14.14% 5.79% 4.65% 2.56% 1.39% 61.86% 16.89% -51.74% 3.68% 6.50%
Cash Return on Invested Capital (CROIC)		 -37.17% 12.26% -48.24% 10.50% 15.47% 29.92% 27.89% -104.92% -29.71% 23.44% -7.99%
Operating Return on Assets (OROA)		 0.97% 1.04% 0.25% 0.45% 0.30% 0.18% 9.52% 2.24% -5.54% 0.47% 0.92%
Return on Assets (ROA)		 0.87% 1.20% 0.54% 0.43% 0.26% 0.16% 7.03% 1.67% -4.76% 0.35% 0.67%
Return on Common Equity (ROCE)		 8.22% 10.15% 4.23% 3.46% 1.98% 1.10% 53.04% 14.89% -44.71% 3.15% 5.58%
Return on Equity Simple (ROE_SIMPLE)		 9.51% 11.77% 5.70% 4.81% 2.62% 1.40% 56.98% 10.72% -56.01% 3.63% 6.47%
Net Operating Profit after Tax (NOPAT)		 41 87 53 42 24 13 607 424 -1,548 127 229
NOPAT Margin		 14.33% 21.21% 15.33% 13.60% 9.13% 5.16% 46.77% 31.02% -517.98% 12.65% 20.45%
Net Nonoperating Expense Percent (NNEP)		 -2.16% -2.95% -0.32% -0.19% 0.00% 0.00% 0.00% 0.00% 10.62% 0.00% 0.00%
SG&A Expenses to Revenue		 53.91% 55.67% 51.81% 52.08% 58.42% 54.37% 35.23% 37.61% 149.18% 46.83% 41.59%
Operating Expenses to Revenue		 73.29% 74.14% 88.36% 74.80% 75.49% 81.90% 49.12% 56.64% 822.57% 78.92% 65.73%
Earnings before Interest and Taxes (EBIT)		 69 100 27 47 28 14 822 568 -2,211 169 313
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 56 82 36 62 48 31 931 718 -2,083 314 434
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.99 1.03 1.22 0.84 1.11 0.97 1.19 0.26 0.26 0.82 0.96
Price to Tangible Book Value (P/TBV)		 1.13 1.11 1.30 0.90 1.18 1.02 1.33 0.44 0.30 0.92 1.07
Price to Revenue (P/Rev)		 1.58 1.78 2.59 1.94 3.06 2.82 0.89 0.66 2.51 2.44 2.60
Price to Earnings (P/E)		 8.70 7.64 25.05 26.33 303.60 0.00 1.91 2.24 0.00 28.10 15.38
Dividend Yield		 3.99% 3.34% 2.90% 4.38% 1.98% 1.75% 1.30% 1.60% 3.06% 2.59% 2.07%
Earnings Yield		 11.49% 13.09% 3.99% 3.80% 0.33% 0.00% 52.39% 44.72% 0.00% 3.56% 6.50%
Enterprise Value to Invested Capital (EV/IC)		 0.91 0.75 0.92 0.81 0.87 0.86 0.98 0.29 0.00 0.48 0.63
Enterprise Value to Revenue (EV/Rev)		 5.89 3.18 7.63 6.89 7.64 5.97 1.37 1.41 0.00 2.77 3.68
Enterprise Value to EBITDA (EV/EBITDA)		 30.41 15.82 73.39 34.60 41.25 47.13 1.91 2.68 0.00 8.85 9.49
Enterprise Value to EBIT (EV/EBIT)		 24.43 12.93 98.94 45.42 71.04 101.21 2.16 3.39 0.00 16.47 13.15
Enterprise Value to NOPAT (EV/NOPAT)		 41.09 14.98 49.76 50.64 83.66 115.59 2.93 4.55 0.00 21.89 17.98
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 71.74 4.73 17.35 24.77 19.41 3.53 2.74 0.00 35.90 16.11
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 5.93 0.00 7.36 5.22 2.44 3.62 0.00 0.00 1.81 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.84 0.76 1.85 1.79 1.52 0.89 0.70 0.70 1.13 0.67 0.85
Long-Term Debt to Equity		 1.84 0.69 1.85 1.79 1.52 0.89 0.70 0.70 1.13 0.67 0.85
Financial Leverage		 1.68 1.19 1.31 1.82 1.66 1.21 0.79 0.70 0.90 0.90 0.76
Leverage Ratio		 12.29 11.80 10.72 10.70 9.96 8.70 8.80 10.09 10.87 10.46 9.71
Compound Leverage Factor		 12.29 11.80 10.72 10.70 9.96 8.70 8.80 10.09 10.87 10.46 9.71
Debt to Total Capital		 64.81% 43.06% 64.93% 64.17% 60.24% 47.19% 41.33% 41.16% 53.16% 40.00% 46.00%
Short-Term Debt to Total Capital		 0.00% 3.95% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 64.81% 39.11% 64.93% 64.17% 60.24% 47.19% 41.33% 41.16% 53.16% 40.00% 46.00%
Preferred Equity to Total Capital		 10.29% 15.63% 9.32% 8.76% 8.32% 10.88% 5.23% 7.43% 6.89% 8.55% 7.60%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 24.88% 41.28% 25.73% 27.07% 31.44% 41.93% 53.44% 51.42% 39.96% 51.45% 46.40%
Debt to EBITDA		 21.63 9.03 51.70 27.45 28.53 25.99 0.81 3.85 -1.85 7.44 6.95
Net Debt to EBITDA		 18.79 3.66 41.00 21.10 20.78 18.83 0.56 0.73 0.73 -0.54 1.63
Long-Term Debt to EBITDA		 21.63 8.20 51.70 27.45 28.53 25.99 0.81 3.85 -1.85 7.44 6.95
Debt to NOPAT		 29.22 8.55 35.05 40.17 57.86 63.75 1.24 6.52 -2.49 18.39 13.17
Net Debt to NOPAT		 25.39 3.47 27.80 30.88 42.14 46.19 0.86 1.23 0.99 -1.33 3.09
Long-Term Debt to NOPAT		 29.22 7.76 35.05 40.17 57.86 63.75 1.24 6.52 -2.49 18.39 13.17
Noncontrolling Interest Sharing Ratio		 23.45% 28.22% 27.06% 25.58% 22.72% 20.77% 14.26% 11.83% 13.58% 14.47% 14.16%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -575 219 -1,112 290 381 596 490 -4,474 -2,073 1,532 -495
Operating Cash Flow to CapEx		 -54.18% 40.56% 4,447.16% 2,558.30% 765.94% 1,470.19% 2,929.78% 3,489.45% 2,189.45% 601.80% 1,227.08%
Free Cash Flow to Firm to Interest Expense		 -13.48 3.68 -13.08 2.12 2.66 9.02 8.93 -16.84 -1.69 1.73 -0.71
Operating Cash Flow to Interest Expense		 -1.01 0.30 6.62 0.90 0.56 1.13 9.16 2.64 0.11 0.09 0.37
Operating Cash Flow Less CapEx to Interest Expense		 -2.87 -0.45 6.47 0.86 0.49 1.06 8.85 2.57 0.11 0.07 0.34
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.04 0.04 0.03 0.03 0.03 0.03 0.15 0.05 0.01 0.03 0.03
Fixed Asset Turnover		 3.02 3.24 2.52 2.34 2.02 1.95 11.07 4.78 0.63 2.13 2.68
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,854 1,722 2,887 2,639 2,282 1,699 1,816 6,714 7,239 5,834 6,558
Invested Capital Turnover		 0.19 0.23 0.15 0.11 0.11 0.12 0.74 0.32 0.04 0.15 0.18
Increase / (Decrease) in Invested Capital		 616 -132 1,165 -248 -357 -583 117 4,898 525 -1,405 724
Enterprise Value (EV)		 1,689 1,300 2,661 2,134 1,988 1,453 1,776 1,925 -281 2,778 4,117
Market Capitalization		 455 730 905 602 797 688 1,158 904 751 2,448 2,909
Book Value per Share		 $12.20 $14.29 $14.70 $14.10 $14.10 $14.18 $15.49 $57.38 $50.35 $18.96 $20.17
Tangible Book Value per Share		 $10.65 $13.27 $13.78 $13.25 $13.29 $13.39 $13.88 $33.97 $44.01 $16.76 $18.05
Total Capital		 1,854 1,722 2,887 2,639 2,282 1,699 1,816 6,714 7,239 5,834 6,558
Total Debt		 1,202 741 1,874 1,693 1,375 802 750 2,763 3,848 2,334 3,017
Total Long-Term Debt		 1,202 673 1,874 1,693 1,375 802 750 2,763 3,848 2,334 3,017
Net Debt		 1,044 301 1,487 1,302 1,001 581 522 523 -1,530 -168 709
Capital Expenditures (CapEx)		 79 45 13 4.81 10 5.09 17 20 6.20 13 21
Net Nonoperating Expense (NNE)		 -21 -29 -4.24 -3.33 0.00 0.00 0.00 0.00 351 0.00 0.00
Net Nonoperating Obligations (NNO)		 1,202 741 1,874 1,693 1,375 802 750 2,763 3,848 2,334 3,017
Total Depreciation and Amortization (D&A)		 -14 -18 9.36 15 20 16 109 150 129 145 121
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.36 $1.97 $0.72 $0.45 $0.05 ($0.04) $1.90 $3.80 ($22.71) $0.52 $1.18
Adjusted Weighted Average Basic Shares Outstanding		 38.38M 49.78M 50.59M 50.66M 50.90M 50.61M 62.67M 59.03M 156.79M 158.35M 149.96M
Adjusted Diluted Earnings per Share		 $1.34 $1.94 $0.71 $0.45 $0.05 ($0.04) $1.90 $3.79 ($22.71) $0.52 $1.17
Adjusted Weighted Average Diluted Shares Outstanding		 38.38M 49.78M 50.59M 50.66M 50.90M 50.61M 62.67M 59.03M 156.79M 158.35M 149.96M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $87,100,000.00 $189,185,000.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 38.38M 49.78M 50.59M 50.66M 50.90M 50.61M 62.67M 59.03M 156.79M 158.35M 149.96M
Normalized Net Operating Profit after Tax (NOPAT)		 41 87 44 51 29 15 614 450 -484 116 229
Normalized NOPAT Margin		 14.38% 21.35% 12.71% 16.34% 11.07% 6.07% 47.31% 32.92% -162.08% 11.58% 20.45%
Pre Tax Income Margin		 24.11% 24.57% 7.71% 15.16% 10.75% 5.90% 63.37% 41.56% -739.97% 16.81% 27.97%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 1.62 1.69 0.32 0.34 0.20 0.22 14.98 2.14 -1.81 0.19 0.45
NOPAT to Interest Expense		 0.96 1.46 0.63 0.31 0.17 0.19 11.05 1.59 -1.26 0.14 0.33
EBIT Less CapEx to Interest Expense		 -0.24 0.94 0.17 0.31 0.12 0.14 14.66 2.06 -1.81 0.18 0.42
NOPAT Less CapEx to Interest Expense		 -0.90 0.71 0.48 0.27 0.09 0.11 10.74 1.52 -1.27 0.13 0.30
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 43.66% 36.58% 81.39% 122.03% 133.79% 207.51% 19.68% 23.82% -4.67% 85.18% 45.28%
Augmented Payout Ratio		 43.66% 36.58% 81.39% 122.03% 133.79% 303.27% 19.68% 23.82% -4.67% 85.18% 209.25%

Quarterly Metrics And Ratios for Banc of California

This table displays calculated financial ratios and metrics derived from Banc of California's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - - - - - - 150,826,368.00 149,963,520.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - 150,826,368.00 149,963,520.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - 0.51 0.48
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 105.12% -122.41% -16.71% 347.08% 24.17% 205.98% 1.18% 5.23% 32.76% 10.84% 7.87%
EBITDA Growth		 -88.38% -211.51% 106.40% 137.02% 375.31% 120.72% 31.88% -5.70% 466.48% 33.30% 18.26%
EBIT Growth		 -177.84% -253.75% 103.36% 116.88% 143.34% 110.62% 72.31% 7.27% 702.02% 42.35% 31.06%
NOPAT Growth		 -176.86% -242.51% 103.50% 116.39% 147.24% 112.32% 73.63% -6.42% 692.68% 35.97% 34.32%
Net Income Growth		 -196.48% -248.97% 102.58% 115.37% 137.63% 111.79% 73.63% -6.42% 692.68% 35.97% 34.32%
EPS Growth		 -152.50% -294.26% 100.77% 104.49% 97.62% 107.14% 116.67% 0.00% 3,900.00% 41.38% 50.00%
Operating Cash Flow Growth		 -14.98% -86.21% -138.88% -36.04% 55.91% -2.17% 117.11% 60.38% 61.47% 27.93% 223.91%
Free Cash Flow Firm Growth		 17.65% 78.42% -70.70% -309.19% -979.70% 248.12% 111.16% 85.89% 91.36% -144.24% -319.14%
Invested Capital Growth		 16.74% 7.82% 118.14% 143.28% 163.98% -19.41% -5.16% 8.73% 6.51% 12.41% 15.01%
Revenue Q/Q Growth		 200.96% -242.86% 234.96% -1.38% -16.41% 21.94% 0.66% 2.57% 5.45% 1.81% -2.04%
EBITDA Q/Q Growth		 102.03% -13,906.66% 112.00% 4.95% -73.90% 501.98% -20.01% -24.96% 56.76% 5.05% -4.30%
EBIT Q/Q Growth		 89.95% -2,384.34% 105.69% 5.28% -74.21% 508.85% 4.22% -34.47% 92.87% 8.06% -4.04%
NOPAT Q/Q Growth		 89.95% -2,384.34% 105.91% -1.68% -71.04% 547.99% -5.89% -47.01% 145.30% 11.15% -7.03%
Net Income Q/Q Growth		 88.18% -1,968.86% 105.62% -1.68% -71.04% 547.99% -5.89% -47.01% 145.30% 11.15% -7.03%
EPS Q/Q Growth		 84.27% -866.67% 102.01% 0.00% -108.33% 3,000.00% -10.34% -53.85% 216.67% 7.89% -4.88%
Operating Cash Flow Q/Q Growth		 -50.83% 171.34% -311.77% 144.24% 19.87% 70.25% -81.05% 314.72% 20.68% 34.89% -52.02%
Free Cash Flow Firm Q/Q Growth		 58.08% -185.16% -231.87% 2.75% -10.61% 139.12% -73.49% -223.03% 32.30% -100.34% -31.32%
Invested Capital Q/Q Growth		 -3.99% 216.89% -10.60% -10.56% 4.18% -3.26% 5.21% 2.54% 2.06% 2.10% 7.64%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 2.61% 0.00% 30.06% 31.98% 9.99% 49.30% 39.18% 28.66% 42.61% 43.96% 42.95%
EBIT Margin		 -15.22% 0.00% 16.13% 17.22% 5.31% 26.53% 27.47% 17.55% 32.09% 34.07% 33.37%
Profit (Net Income) Margin		 -13.37% 0.00% 11.73% 11.70% 4.05% 21.54% 20.14% 10.40% 24.20% 26.42% 25.08%
Tax Burden Percent		 87.87% 73.18% 72.76% 67.95% 76.29% 81.19% 73.32% 59.28% 75.40% 77.55% 75.14%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 0.00% 27.24% 32.05% 23.71% 18.81% 26.68% 40.72% 24.60% 22.45% 24.86%
Return on Invested Capital (ROIC)		 -8.35% 0.00% 0.61% 1.28% 0.48% 3.31% 3.21% 1.76% 4.24% 4.77% 4.33%
ROIC Less NNEP Spread (ROIC-NNEP)		 -8.76% 0.00% 0.61% 1.28% 0.48% 3.31% 3.21% 1.76% 4.24% 4.77% 4.33%
Return on Net Nonoperating Assets (RNNOA)		 -10.26% 0.00% 0.71% 1.12% 0.41% 2.97% 2.65% 1.35% 3.34% 3.63% 3.75%
Return on Equity (ROE)		 -18.60% 0.00% 1.33% 2.40% 0.88% 6.27% 5.86% 3.10% 7.58% 8.40% 8.08%
Cash Return on Invested Capital (CROIC)		 -52.49% -29.71% -87.75% -93.75% -99.56% 23.44% 7.67% -5.92% -2.95% -7.99% -10.21%
Operating Return on Assets (OROA)		 -2.72% 0.00% 0.17% 0.35% 0.12% 0.74% 0.79% 0.52% 1.04% 1.12% 1.11%
Return on Assets (ROA)		 -2.39% 0.00% 0.13% 0.23% 0.09% 0.60% 0.58% 0.31% 0.78% 0.87% 0.83%
Return on Common Equity (ROCE)		 -18.60% 0.00% 1.17% 2.12% 0.78% 5.36% 5.01% 2.65% 6.49% 7.21% 6.94%
Return on Equity Simple (ROE_SIMPLE)		 -109.01% 0.00% -19.82% -13.06% -11.81% 0.00% 4.25% 4.31% 6.01% 0.00% 6.96%
Net Operating Profit after Tax (NOPAT)		 -19 -462 31 30 8.78 57 54 28 70 77 72
NOPAT Margin		 -10.65% 0.00% 11.73% 11.70% 4.05% 21.54% 20.14% 10.40% 24.20% 26.42% 25.08%
Net Nonoperating Expense Percent (NNEP)		 0.42% 0.63% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 57.17% 0.00% 47.78% 45.83% 54.20% 40.82% 43.80% 42.85% 40.95% 39.03% 41.94%
Operating Expenses to Revenue		 115.22% 0.00% 80.07% 78.54% 90.53% 68.63% 69.04% 68.12% 64.53% 61.67% 63.21%
Earnings before Interest and Taxes (EBIT)		 -27 -660 42 45 12 70 73 48 92 100 96
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 4.55 -629 79 83 22 130 104 78 123 129 123
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.69 0.26 0.82 0.69 0.78 0.82 0.74 0.71 0.82 0.96 0.86
Price to Tangible Book Value (P/TBV)		 0.78 0.30 0.93 0.79 0.88 0.92 0.84 0.80 0.92 1.07 0.96
Price to Revenue (P/Rev)		 0.42 2.51 9.62 4.51 4.76 2.44 2.23 2.03 2.23 2.60 2.31
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 28.10 20.46 19.17 14.45 15.38 12.70
Dividend Yield		 2.99% 3.06% 2.65% 3.13% 2.72% 2.59% 2.82% 2.85% 2.42% 2.07% 2.39%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 3.56% 4.89% 5.22% 6.92% 6.50% 7.87%
Enterprise Value to Invested Capital (EV/IC)		 0.73 0.00 0.44 0.38 0.47 0.48 0.49 0.49 0.54 0.63 0.63
Enterprise Value to Revenue (EV/Rev)		 1.00 0.00 11.61 4.91 5.74 2.77 3.00 3.02 3.20 3.68 3.88
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 8.85 8.90 9.21 8.03 9.49 9.77
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 16.47 15.14 15.20 12.33 13.15 13.17
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 21.89 20.17 20.85 16.76 17.98 17.88
Enterprise Value to Operating Cash Flow (EV/OCF)		 2.57 0.00 33.86 35.23 35.50 35.90 16.68 15.05 14.98 16.11 15.28
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 1.81 6.24 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.28 1.13 0.91 0.70 0.72 0.67 0.74 0.84 0.85 0.85 0.99
Long-Term Debt to Equity		 1.28 1.13 0.91 0.70 0.72 0.67 0.74 0.84 0.85 0.85 0.99
Financial Leverage		 1.17 0.90 1.17 0.87 0.85 0.90 0.82 0.77 0.79 0.76 0.87
Leverage Ratio		 9.53 10.87 10.59 10.22 9.49 10.46 10.10 10.17 9.69 9.71 9.68
Compound Leverage Factor		 9.53 10.87 10.59 10.22 9.49 10.46 10.10 10.17 9.69 9.71 9.68
Debt to Total Capital		 56.15% 53.16% 47.55% 41.12% 42.02% 40.00% 42.62% 45.55% 46.02% 46.00% 49.66%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 56.15% 53.16% 47.55% 41.12% 42.02% 40.00% 42.62% 45.55% 46.02% 46.00% 49.66%
Preferred Equity to Total Capital		 0.00% 6.89% 7.70% 8.61% 8.27% 8.55% 8.12% 7.92% 7.76% 7.60% 7.06%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 43.85% 39.96% 44.72% 50.24% 49.68% 51.45% 49.26% 46.53% 46.19% 46.40% 43.28%
Debt to EBITDA		 -1.44 -1.85 -3.86 -4.86 -5.37 7.44 7.71 8.57 6.79 6.95 7.74
Net Debt to EBITDA		 -1.09 0.73 0.01 0.65 0.04 -0.54 0.80 1.53 1.28 1.63 2.84
Long-Term Debt to EBITDA		 -1.44 -1.85 -3.86 -4.86 -5.37 7.44 7.71 8.57 6.79 6.95 7.74
Debt to NOPAT		 -1.63 -2.49 -4.84 -5.67 -6.45 18.39 17.48 19.41 14.18 13.17 14.17
Net Debt to NOPAT		 -1.24 0.99 0.01 0.76 0.05 -1.33 1.82 3.47 2.67 3.09 5.21
Long-Term Debt to NOPAT		 -1.63 -2.49 -4.84 -5.67 -6.45 18.39 17.48 19.41 14.18 13.17 14.17
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 11.49% 11.46% 11.12% 14.47% 14.44% 14.61% 14.37% 14.16% 14.09%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -346 -987 -3,474 -3,379 -3,737 1,462 388 -477 -323 -647 -849
Operating Cash Flow to CapEx		 0.00% 2,620.27% -4,556.49% 832.51% 2,190.23% 1,955.78% 991.61% 4,942.00% 40,908.65% 571.87% 1,449.14%
Free Cash Flow to Firm to Interest Expense		 -1.10 -3.12 -13.92 -14.49 -17.40 7.73 2.22 -2.64 -1.80 -3.91 -5.45
Operating Cash Flow to Interest Expense		 0.10 0.26 -0.35 0.17 0.22 0.42 0.09 0.35 0.42 0.62 0.31
Operating Cash Flow Less CapEx to Interest Expense		 0.11 0.25 -0.36 0.15 0.21 0.40 0.08 0.34 0.42 0.51 0.29
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.18 0.01 0.01 0.02 0.02 0.03 0.03 0.03 0.03 0.03 0.03
Fixed Asset Turnover		 15.32 0.63 0.83 1.52 1.73 2.13 2.19 2.25 2.50 2.68 2.83
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 2,284 7,239 6,471 5,788 6,030 5,834 6,137 6,293 6,423 6,558 7,059
Invested Capital Turnover		 0.78 0.04 0.05 0.11 0.12 0.15 0.16 0.17 0.18 0.18 0.17
Increase / (Decrease) in Invested Capital		 328 525 3,505 3,409 3,746 -1,405 -334 505 392 724 921
Enterprise Value (EV)		 1,662 -281 2,857 2,196 2,810 2,778 3,017 3,079 3,494 4,117 4,423
Market Capitalization		 691 751 2,367 2,016 2,332 2,448 2,247 2,067 2,438 2,909 2,636
Book Value per Share		 $17.44 $50.35 $18.46 $18.43 $18.93 $18.96 $19.09 $19.90 $20.14 $20.17 $20.37
Tangible Book Value per Share		 $15.34 $44.01 $16.19 $16.12 $16.67 $16.76 $16.94 $17.63 $17.92 $18.05 $18.28
Total Capital		 2,284 7,239 6,471 5,788 6,030 5,834 6,137 6,293 6,423 6,558 7,059
Total Debt		 1,283 3,848 3,077 2,380 2,534 2,334 2,616 2,866 2,956 3,017 3,505
Total Long-Term Debt		 1,283 3,848 3,077 2,380 2,534 2,334 2,616 2,866 2,956 3,017 3,505
Net Debt		 972 -1,530 -8.01 -319 -20 -168 272 513 558 709 1,288
Capital Expenditures (CapEx)		 -6.14 3.11 1.94 4.70 2.14 4.08 1.53 1.27 0.19 18 3.38
Net Nonoperating Expense (NNE)		 4.75 21 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 1,283 3,848 3,077 2,380 2,534 2,334 2,616 2,866 2,956 3,017 3,505
Total Depreciation and Amortization (D&A)		 31 31 37 38 10 60 31 30 30 29 27
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 ($4.06) $0.12 $0.12 ($0.01) $0.29 $0.26 $0.12 $0.38 $0.42 $0.40
Adjusted Weighted Average Basic Shares Outstanding		 0.00 156.79M 157.75M 158.30M 158.33M 158.35M 147.14M 147.30M 150.83M 149.96M 153.72M
Adjusted Diluted Earnings per Share		 $0.00 ($4.06) $0.12 $0.12 ($0.01) $0.29 $0.26 $0.12 $0.38 $0.41 $0.39
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 156.79M 157.75M 158.30M 158.33M 158.35M 147.14M 147.30M 150.83M 149.96M 153.72M
Adjusted Basic & Diluted Earnings per Share		 $0.00 ($492,902,000.00) $20,905,000.00 $20,386,000.00 ($1,163,000.00) $46,972,000.00 $43,621,000.00 $18,438,000.00 $59,682,000.00 $67,444,000.00 $62,005,000.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 156.79M 157.75M 158.30M 158.33M 158.35M 147.14M 147.30M 150.83M 149.96M 153.72M
Normalized Net Operating Profit after Tax (NOPAT)		 -12 -384 31 22 8.39 56 54 28 70 77 72
Normalized NOPAT Margin		 -6.67% 0.00% 11.73% 8.38% 3.87% 21.22% 20.14% 10.40% 24.20% 26.42% 25.08%
Pre Tax Income Margin		 -15.22% 0.00% 16.13% 17.22% 5.31% 26.53% 27.47% 17.55% 32.09% 34.07% 33.37%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -0.08 -2.09 0.17 0.19 0.05 0.37 0.42 0.27 0.52 0.60 0.61
NOPAT to Interest Expense		 -0.06 -1.46 0.12 0.13 0.04 0.30 0.31 0.16 0.39 0.47 0.46
EBIT Less CapEx to Interest Expense		 -0.06 -2.10 0.16 0.17 0.04 0.35 0.41 0.26 0.51 0.49 0.59
NOPAT Less CapEx to Interest Expense		 -0.04 -1.47 0.12 0.11 0.03 0.28 0.30 0.15 0.39 0.36 0.44
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 -17.22% -4.67% -11.28% -20.69% -26.07% 85.18% 72.67% 72.92% 51.52% 45.28% 42.54%
Augmented Payout Ratio		 -17.22% -4.67% -11.28% -20.69% -26.07% 85.18% 72.67% 72.92% 51.52% 209.25% 191.64%

Financials Breakdown Chart

Key Financial Trends

Banc of California (NYSE: BANC) showed a much healthier operating picture in Q1 2026 than it did during the 2023 turbulence, but the balance sheet still reflects a bank that is working through a large post-merger and restructuring reset. Revenue and profitability were solid in the latest quarter, deposits stabilized versus the prior quarter, and common equity continued to improve. At the same time, the bank remains highly sensitive to funding costs, has a relatively thin common equity cushion, and still carries meaningful goodwill and intangible assets.

  • Q1 2026 was profitable: net income attributable to common shareholders came in at $62.0 million, or $0.39 per diluted share, up from $67.4 million in Q4 2025 and well above the loss-producing periods seen in 2023.
  • Net interest income remained strong: the bank generated $251.6 million in net interest income in Q1 2026, only slightly above Q4 2025 and far better than the weak periods in 2023.
  • Credit costs were manageable: provision for credit losses was $9.8 million, down from $12.5 million in Q4 2025 and dramatically better than the spike seen during 2023 stress.
  • Operating cash flow stayed positive: the company produced $49.0 million of operating cash flow in Q1 2026, which supports earnings quality.
  • Common equity improved quarter over quarter: total common equity rose to $3.05 billion from $2.97 billion in Q3 2025.
  • Deposits rebounded after a weak prior quarter: non-interest-bearing deposits increased to $7.80 billion from $7.60 billion in Q3 2025, while total deposits also moved higher sequentially.
  • Balance sheet size held steady: total assets were $34.7 billion in Q1 2026, down only modestly from $34.0 billion in Q3 2025 and $34.25 billion in Q2 2025.
  • Loan book remained broadly stable: net loans and leases were $24.5 billion, not far from the prior quarters, suggesting no major collapse in core lending activity.
  • Noninterest income is still a swing factor: Q1 2026 noninterest income was only $35.3 million, which is helpful but still modest relative to interest income and sensitive to investment gains and fee activity.
  • Dividend remains small: the company continued paying a low common dividend level, with cash dividends to common staying at $0.10 per share in comparable recent quarters.
  • Funding costs remain a major drag: interest expense in Q1 2026 was $155.8 million, including $120.2 million of deposit interest expense and $35.6 million of long-term debt interest expense.
  • Net income slipped sequentially: common earnings fell from $67.4 million in Q4 2025 to $62.0 million in Q1 2026.
  • Deposits declined sharply in the quarter from a cash-flow standpoint: the cash flow statement showed a $521.2 million net change in deposits, indicating a meaningful funding mix shift during the period.
  • Capital structure is still leveraged: long-term debt stood at $3.5 billion, and total liabilities were $31.2 billion versus only $3.6 billion of total equity and noncontrolling interests.
  • Common equity cushion is modest relative to assets: total common equity of $3.05 billion against $34.7 billion in assets implies a relatively thin equity base for a regional bank.
  • Intangible assets and goodwill remain material: goodwill of $214.5 million and intangible assets of $99.1 million can complicate capital flexibility if conditions deteriorate.

Longer-term trend: BANC has clearly improved from the difficult 2023 period, when earnings were volatile and several quarters showed large losses tied to restructuring and accounting volatility. In 2024 and into 2025, profitability normalized, operating cash flow recovered, and the bank returned to more consistent quarterly earnings. The latest quarter continues that recovery, but investors should still watch deposit trends, funding costs, and credit provisions closely, because those remain the main drivers of future earnings for this name.

06/15/26 06:30 PM ETAI Generated. May Contain Errors.

Banc of California Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Banc of California's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Banc of California's net income appears to be on an upward trend, with a most recent value of $228.97 million in 2025, rising from $62.07 million in 2015. The previous period was $126.89 million in 2024. See where experts think Banc of California is headed by visiting Banc of California's forecast page.

Over the last 10 years, Banc of California's total revenue changed from $286.93 million in 2015 to $1.12 billion in 2025, a change of 290.2%.

Banc of California's total liabilities were at $31.26 billion at the end of 2025, a 4.0% increase from 2024, and a 312.2% increase since 2015.

In the past 10 years, Banc of California's cash and equivalents has ranged from $15.05 million in 2015 to $212.27 million in 2022, and is currently $181.10 million as of their latest financial filing in 2025.

Over the last 10 years, Banc of California's book value per share changed from 12.20 in 2015 to 20.17 in 2025, a change of 65.4%.


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Financial statements for NYSE:BANC last updated on 5/13/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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