BANC OF CALIFORNIA, INC. BANC

Financials SIC 6021 - National Commercial Banks NAICS Finance and Insurance › Credit Intermediation and Related Activities › Depository Credit Intermediation › Commercial Banking derived NYSE

Banc of California, Inc., a Maryland corporation, was incorporated in March 2002 and serves as the holding company for its wholly owned subsidiary, Banc of California (the "Bank"), a California state-chartered bank and a member of the FRB. When we refer to the "parent" or the "holding company," we are referring to Banc of California, Inc., the parent company, on a stand-alone basis. When we refer to "we," "us," "our," or the "Company," we are referring to Banc of California, Inc. and its consolidated subsidiaries including the Bank, collectively. As a bank holding company, the holding company is subject to ongoing and comprehensive supervision, regulation, examination, and enforcement by the FRB. As a California state-chartered bank that is a member of the FRB, the Bank is subject to ongoing and comprehensive supervision, regulation, examination, and enforcement by the DFPI and the FRB.

Last close 17.92 2026-10-23
Market cap $2.83B 2026-06-30 share count
52-week range 16.12 - 21.93

Valuation FY2025 figures against the last close

P/S73.0x
P/E15.3x
P/FCF12.1x
EV/EBITDA—
Dividend yield—
Diluted EPS1.17

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $38.8M$37.2M$33.8M$30.7M$24.8M$3.8M$4.0M$5.6M$6.6M$6.3M
Interest expense $977.4M$926.0M$747.1M$265.7M$54.9M$66.0M$142.9M$136.7M$85.0M$59.5M
Pre-tax income $313.1M$168.7M-$2.21B$567.6M$822.3M$14.4M$28.0M$47.0M$26.9M$100.5M
Income tax $84.1M$41.8M$312.2M$144.0M$215.4M$1.8M$4.2M$4.8M$26.6M$13.7M
Net income $229.0M$126.9M-$1.90B$423.6M$607.0M$12.6M$23.8M$45.5M$57.7M$115.4M
EPS, basic 1.180.52-22.715.147.76—0.050.450.721.97
EPS, diluted 1.170.52-22.715.147.76—0.050.450.711.94
Shares, diluted (wtd. avg.) 161.7M168.7M85.4M77.3M76.9M—50.7M50.9M50.8M47.6M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $2.31B$2.50B$5.38B$2.24B$4.06B$3.16B$373.5M$391.6M$387.7M$439.5M
Property, plant and equipment $146.7M$142.5M$146.8M$54.3M—$121.5M$128.0M$129.4M$135.7M$140.9M
Goodwill $214.5M$214.5M$198.6M$1.38B$1.41B$37.1M$37.1M$37.1M$37.1M$39.2M
Other intangibles $105.3M$132.9M$165.5M$31.4M$45.0M$2.6M$4.2M$6.3M$9.4M$13.6M
Total assets $34.80B$33.54B$38.53B$41.23B$9.39B$7.88B$7.83B$10.63B$10.33B$11.03B
Long-term debt $2.06B$1.39B$2.91B$1.76B——$173.4M$173.2M——
Total liabilities $31.26B$30.04B$35.14B$37.28B$8.33B$6.98B$6.92B$9.68B$9.32B$10.05B
Retained earnings -$242.0M-$431.2M-$518.3M$1.42B$147.9M$110.2M$127.7M$141.0M$144.8M$134.5M
Total equity $3.54B$3.50B$3.39B$3.95B$4.00B$3.59B$907.2M$945.5M$1.01B$980.2M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $255.6M$77.4M$135.8M$702.0M$503.0M$74.9M$80.3M$123.0M$563.0M$18.1M
Depreciation and amortisation $49.3M$54.6M$52.7M$53.6M$52.2M$16.3M$16.4M$10.9M$12.4M$11.7M
Stock-based compensation ———$6.2M$5.3M$5.8M$5.0M$6.6M$12.1M$11.9M
Capital expenditure $20.8M$13.0M$15.2M$20.1M$17.3M$5.1M$10.5M$9.0M$15.3M$44.7M
Investing cash flow -$1.48B$1.89B$12.61B-$3.57B-$5.71B-$266.9M$2.80B-$469.7M$151.9M-$2.32B
Financing cash flow $1.03B-$4.84B-$9.61B$1.05B$6.11B$39.4M-$2.89B$350.6M-$766.7M$2.58B
Dividends paid —$68.3M$48.9M$120.3M$119.4M$11.8M$15.7M$32.7M$25.7M$21.8M
Buybacks $0——$75.1M$0$12.0M$0$0—$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-012946.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -2B -1B 0 1B Revenue, FY2016: 6.3M Net income, FY2016: 115.4M Revenue, FY2017: 6.6M Net income, FY2017: 57.7M Revenue, FY2018: 5.6M Net income, FY2018: 45.5M Revenue, FY2019: 4M Net income, FY2019: 23.8M Revenue, FY2020: 3.8M Net income, FY2020: 12.6M Revenue, FY2021: 24.8M Net income, FY2021: 607M Revenue, FY2022: 30.7M Net income, FY2022: 423.6M Revenue, FY2023: 33.8M Net income, FY2023: -1.9B Revenue, FY2024: 37.2M Net income, FY2024: 126.9M Revenue, FY2025: 38.8M Net income, FY2025: 229M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $6.3M $6.6M $5.6M $4.0M $3.8M $24.8M $30.7M $33.8M $37.2M $38.8M
Gross profit — — — — — — — — — —
Net income $115.4M $57.7M $45.5M $23.8M $12.6M $607.0M $423.6M -$1.90B $126.9M $229.0M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Other event Item 8.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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