Banc Of California Inc Financials
This page shows Banc Of California Inc (BANC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Banc Of California Inc's revenue surged 24.1% year-over-year to $1.9B, reflecting rapid business expansion. This strong growth earns a score of 97/100.
Banc Of California Inc carries a low D/E ratio of 0.40, meaning only $0.40 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
Banc Of California Inc's free cash flow margin of 3.4% results in a low score of 17/100. Capital expenditures of $13.0M absorb a large share of operating cash flow.
Banc Of California Inc generates a 3.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 15/100.
Banc Of California Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Banc Of California Inc generates $0.61 in operating cash flow ($77.4M OCF vs $126.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Banc Of California Inc generated $1.9B in revenue in fiscal year 2024. This represents an increase of 24.1% from the prior year.
Banc Of California Inc generated $64.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 46.6% from the prior year.
Banc Of California Inc reported $126.9M in net income in fiscal year 2024. This represents an increase of 106.7% from the prior year.
Banc Of California Inc earned $0.52 per diluted share (EPS) in fiscal year 2024. This represents an increase of 102.3% from the prior year.
Banc Of California Inc held $2.5B in cash against $1.4B in long-term debt as of fiscal year 2024.
Banc Of California Inc paid $1.52 per share in dividends in fiscal year 2024. This represents an increase of 186.8% from the prior year.
Banc Of California Inc had 158M shares outstanding in fiscal year 2024. This represents an increase of 1.0% from the prior year.
Banc Of California Inc's net profit margin was 6.7% in fiscal year 2024, showing the share of revenue converted to profit. This is up 131.4 percentage points from the prior year.
Banc Of California Inc's ROE was 3.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.
Banc Of California Inc invested $13.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 14.3% from the prior year.
BANC Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q1'24 | Q3'24 | Q2'24 | Q1'24 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $466.8M+3.0% | $453.1M+2.9% | $440.3M+3.7% | $424.5M-1.6% | $431.4M-12.4% | $492.4M-3.9% | $512.5M+9.7% | $467.2M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $179.1M-0.7% | $180.3M+3.4% | $174.3M-7.9% | $189.2M-11.9% | $214.7M-7.9% | $233.1M-6.6% | $249.6M-21.1% | $316.2M |
| Income Tax | $22.7M+16.5% | $19.5M0.0% | $19.5M+47.9% | $13.2M+382.9% | $2.7M-80.9% | $14.3M+23.9% | $11.5M+106.5% | -$177.0M |
| Net Income | $69.6M+145.3% | $28.4M-47.0% | $53.6M-5.9% | $56.9M+548.0% | $8.8M-71.0% | $30.3M-1.7% | $30.9M+106.4% | -$483.0M |
| EPS (Diluted) | $0.38+216.7% | $0.12-53.8% | $0.26-7.1% | $0.28+2900.0% | $-0.01-108.3% | $0.120.0% | $0.12+102.6% | $-4.55 |
BANC Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q1'24 | Q3'24 | Q2'24 | Q1'24 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $34.0B-0.7% | $34.3B+1.4% | $33.8B+0.7% | $33.5B+0.3% | $33.4B-5.1% | $35.2B-2.3% | $36.1B-6.4% | $38.5B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $2.4B+1.9% | $2.4B+0.4% | $2.3B-6.3% | $2.5B-2.0% | $2.6B-5.4% | $2.7B-12.5% | $3.1B-42.6% | $5.4B |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $214.5M0.0% | $214.5M0.0% | $214.5M0.0% | $214.5M-1.0% | $216.8M+0.4% | $215.9M+8.7% | $198.6M0.0% | $198.6M |
| Total Liabilities | $30.5B-0.9% | $30.8B+1.9% | $30.3B+0.7% | $30.0B+0.4% | $29.9B-6.0% | $31.8B-2.6% | $32.7B-7.0% | $35.1B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $2.0B+4.6% | $1.9B+14.7% | $1.7B+20.0% | $1.4B-12.6% | $1.6B+10.5% | $1.4B-32.7% | $2.1B-26.5% | $2.9B |
| Total Equity | $3.5B+1.2% | $3.4B-2.7% | $3.5B+0.6% | $3.5B+0.1% | $3.5B+2.6% | $3.4B+0.4% | $3.4B+0.1% | $3.4B |
| Retained Earnings | -$309.5M+16.2% | -$369.1M+4.8% | -$387.6M+10.1% | -$431.2M+9.8% | -$478.2M-0.2% | -$477.0M+4.1% | -$497.4M+4.0% | -$518.3M |
BANC Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q1'24 | Q3'24 | Q2'24 | Q1'24 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $75.7M+20.7% | $62.7M+314.7% | $15.1M-81.0% | $79.8M+70.2% | $46.9M+19.9% | $39.1M+144.2% | -$88.4M-208.4% | $81.6M |
| Capital Expenditures | $185K-85.4% | $1.3M-16.8% | $1.5M-63.1% | $4.1M+81.8% | $2.3M-51.6% | $4.7M+141.9% | $1.9M-37.6% | $3.1M |
| Free Cash Flow | $75.5M+22.9% | $61.4M+351.9% | $13.6M-82.0% | $75.7M+69.7% | $44.6M+29.6% | $34.4M+138.1% | -$90.3M-215.1% | $78.5M |
| Investing Cash Flow | $285.5M+157.9% | -$493.5M-28.3% | -$384.7M-44.6% | -$266.0M-116.0% | $1.7B+323.0% | $391.9M+264.9% | $107.4M-98.2% | $6.0B |
| Financing Cash Flow | -$316.5M-171.9% | $440.5M+108.5% | $211.3M+57.5% | $134.2M+107.3% | -$1.8B-126.2% | -$817.5M+64.6% | -$2.3B+65.7% | -$6.7B |
| Dividends Paid | $16.1M-0.8% | $16.3M-6.1% | $17.3M+453.6% | $3.1M-80.9% | $16.4M-5.3% | $17.3M+3.7% | $16.7M-4.8% | $17.5M |
| Share Buybacks | $35.9M-68.2% | $112.9M+190.0% | $38.9M | $0 | $0 | $0 | $0 | N/A |
BANC Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q1'24 | Q3'24 | Q2'24 | Q1'24 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 14.9%+8.7pp | 6.3%-5.9pp | 12.2%-1.2pp | 13.4%+11.4pp | 2.0%-4.1pp | 6.2%+0.1pp | 6.0%+109.4pp | -103.4% |
| Return on Equity | 2.0%+1.2pp | 0.8%-0.7pp | 1.5%-0.1pp | 1.6%+1.4pp | 0.3%-0.6pp | 0.9%-0.0pp | 0.9%-0.2pp | 1.1% |
| Return on Assets | 0.2%+0.1pp | 0.1%-0.1pp | 0.2%0.0pp | 0.2%+0.1pp | 0.0%-0.1pp | 0.1%0.0pp | 0.1%+1.3pp | -1.3% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.58+0.0 | 0.56+0.1 | 0.47+0.1 | 0.40-0.1 | 0.46+0.0 | 0.42-0.2 | 0.63-0.2 | 0.86 |
| FCF Margin | 16.2%+2.6pp | 13.6%+10.5pp | 3.1%-14.7pp | 17.8%+7.5pp | 10.3%+3.4pp | 7.0%+24.6pp | -17.6%-34.4pp | 16.8% |
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Frequently Asked Questions
What is Banc Of California Inc's annual revenue?
Banc Of California Inc (BANC) reported $1.9B in total revenue for fiscal year 2024. This represents a 24.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Banc Of California Inc's revenue growing?
Banc Of California Inc (BANC) revenue grew by 24.1% year-over-year, from $1.5B to $1.9B in fiscal year 2024.
Is Banc Of California Inc profitable?
Yes, Banc Of California Inc (BANC) reported a net income of $126.9M in fiscal year 2024, with a net profit margin of 6.7%.
What is Banc Of California Inc's earnings per share (EPS)?
Banc Of California Inc (BANC) reported diluted earnings per share of $0.52 for fiscal year 2024. This represents a 102.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Banc Of California Inc have?
As of fiscal year 2024, Banc Of California Inc (BANC) had $2.5B in cash and equivalents against $1.4B in long-term debt.
What is Banc Of California Inc's net profit margin?
Banc Of California Inc (BANC) had a net profit margin of 6.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Banc Of California Inc pay dividends?
Yes, Banc Of California Inc (BANC) paid $1.52 per share in dividends during fiscal year 2024.
What is Banc Of California Inc's return on equity (ROE)?
Banc Of California Inc (BANC) has a return on equity of 3.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Banc Of California Inc's free cash flow?
Banc Of California Inc (BANC) generated $64.3M in free cash flow during fiscal year 2024. This represents a -46.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Banc Of California Inc's operating cash flow?
Banc Of California Inc (BANC) generated $77.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Banc Of California Inc's total assets?
Banc Of California Inc (BANC) had $33.5B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Banc Of California Inc's capital expenditures?
Banc Of California Inc (BANC) invested $13.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does Banc Of California Inc have outstanding?
Banc Of California Inc (BANC) had 158M shares outstanding as of fiscal year 2024.
What is Banc Of California Inc's debt-to-equity ratio?
Banc Of California Inc (BANC) had a debt-to-equity ratio of 0.40 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Banc Of California Inc's return on assets (ROA)?
Banc Of California Inc (BANC) had a return on assets of 0.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Banc Of California Inc's Piotroski F-Score?
Banc Of California Inc (BANC) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Banc Of California Inc's earnings high quality?
Banc Of California Inc (BANC) has an earnings quality ratio of 0.61x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Banc Of California Inc?
Banc Of California Inc (BANC) scores 56 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.