$BANC Market Cap: $2.881 Billion
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Financial Snapshot

Revenue
$1.436B
TTM
Gross Margin
Net Earnings
$47.41M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
$33.54B
Q4 2024
Total Liabilities
$30.04B
Q4 2024
Book Value
$3.500B
Q4 2024
Cash
$2.502B
Q4 2024
P/E
60.77
Nov 29, 2024 EST
Free Cash Flow
-$11.34M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue $1.890B $1.523B $9.058M $291.7M $290.6M $391.1M $422.8M $389.2M $369.8M $253.8M $188.1M $120.5M $55.03M $35.18M $40.94M
YoY Change 24.11% 16710.72% -96.89% 0.36% -25.7% -7.49% 8.63% 5.23% 45.72% 34.9% 56.12% 118.99% 56.44% -14.09%

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue $1.890B $1.523B $9.058M $291.7M $290.6M $391.1M $422.8M $389.2M $369.8M $253.8M $188.1M $120.5M $55.03M $35.18M $40.94M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

No data

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

No data

Operating Profits/Loss

No data

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.20M $12.60M $15.35M $19.28M $16.30M $16.43M $10.88M $12.43M $11.68M $9.154M $6.834M $4.300M $1.700M $650.0K $390.0K $400.0K $400.0K $500.0K $500.0K $500.0K $500.0K $400.0K $500.0K $400.0K $500.0K
YoY Change 20.63% -17.89% -20.4% 18.28% -0.79% 51.01% -12.45% 6.38% 27.59% 33.95% 58.93% 152.94% 161.54% 66.67% -2.5% 0.0% -20.0% 0.0% 0.0% 0.0% 25.0% -20.0% 25.0% -20.0% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Interest Expense $886.7M $1.224B $58.41M $37.88M $66.01M $142.9M $136.7M $85.00M $59.50M $42.62M $32.86M $23.28M $8.479M $6.037M $10.79M
YoY Change -27.55% 1995.42% 54.19% -42.62% -53.82% 4.56% 60.85% 42.86% 39.6% 29.7% 41.15% 174.58% 40.45% -44.04%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Pretax Income $168.7M -$2.211B $168.9M $82.62M $14.36M $27.98M $46.99M $26.89M $100.5M $69.17M $26.47M $7.908M $6.111M -$3.024M $3.861M -$2.700M -$2.000M $3.600M $7.200M $7.400M $9.000M $7.100M $4.600M $3.600M $2.000M
YoY Change -107.63% -1409.38% 104.41% 475.36% -48.67% -40.46% 74.73% -73.24% 45.29% 161.34% 234.67% 29.41% -302.08% -178.32% -243.0% 35.0% -155.56% -50.0% -2.7% -17.78% 26.76% 54.35% 27.78% 80.0% -28.57%
Income Tax $41.77M -$312.2M $47.95M $20.28M $1.786M $4.219M $4.844M -$26.58M $13.75M $28.05M -$3.739M $7.992M $115.0K -$296.0K $1.036M -$1.700M -$1.500M $600.0K $2.500M $2.600M $3.900M $3.000M $2.000M $1.500M $300.0K
% Of Pretax Income 24.76% 28.39% 24.54% 12.44% 15.08% 10.31% -98.84% 13.68% 40.55% -14.13% 101.06% 1.88% 26.83% 16.67% 34.72% 35.14% 43.33% 42.25% 43.48% 41.67% 15.0%
Net Earnings $126.9M -$1.939B $115.8M $62.35M $12.57M $23.76M $45.47M $57.71M $115.4M $62.07M $30.21M -$84.00K $5.996M -$2.728M $2.825M -$1.000M -$500.0K $3.000M $4.700M $4.800M $5.100M $4.100M $2.600M $2.100M $1.700M
YoY Change -106.54% -1774.78% 85.69% 395.83% -47.08% -47.75% -21.2% -50.0% 85.94% 105.5% -36058.33% -101.4% -319.79% -196.57% -382.5% 100.0% -116.67% -36.17% -2.08% -5.88% 24.39% 57.69% 23.81% 23.53% -39.29%
Net Earnings / Revenue 6.71% -127.33% 1278.12% 21.38% 4.33% 6.07% 10.76% 14.83% 31.21% 24.46% 16.05% -0.07% 10.9% -7.76% 6.9%
Basic Earnings Per Share $0.52 -$22.71 $5.14 $7.76 $0.05 $0.45 $0.72 $1.97 $1.36 $0.91 -$0.15 $0.40 -$0.31 $0.37
Diluted Earnings Per Share $0.52 -$22.71 $1.892M $1.169M $251.0K $0.05 $0.45 $0.71 $1.94 $1.34 $0.90 -$0.15 $0.40 -$0.31 $0.37 -$238.1K -$119.0K $714.3K $1.119M $1.143M $1.159M $854.2K $530.6K $396.2K $320.8K

Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $491.1M $107.3M $148.0M $141.0M $151.0M $129.0M $136.0M $144.0M $112.0M $79.00M $66.00M $16.00M $11.00M $6.000M $4.000M $4.000M $5.000M $5.000M $5.000M $5.000M $5.000M $5.000M $4.000M $4.000M
YoY Change 357.52% -27.47% 4.96% -6.62% 17.05% -5.15% -5.56% 28.57% 41.77% 19.7% 312.5% 45.45% 83.33% 50.0% 0.0% -20.0% 0.0% 0.0% 0.0% 0.0% 0.0% 25.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.000M $5.000M $6.000M $6.000M $2.000M
YoY Change -20.0% -16.67% 0.0% 200.0%
Other Assets $739.1M $50.52M $51.00M $46.00M $45.00M $69.00M $70.00M $10.00M $11.00M $16.00M $0.00 $8.000M $8.000M
YoY Change 1363.06% -0.95% 10.87% 2.22% -34.78% -1.43% 600.0% -9.09% -31.25% -100.0% 0.0%
Total Long-Term Assets
YoY Change
Total Assets $38.53B $9.197B $9.394B $7.877B $7.828B $10.63B $10.33B $11.03B $8.236B $5.971B $3.628B $1.683B $999.0M $862.0M $894.0M $877.0M $775.0M $808.0M $755.0M $674.0M $624.0M $460.0M $310.0M $300.0M
YoY Change
Accounts Payable $893.6M $0.00
YoY Change
Accrued Expenses $893.6M $114.2M $109.0M $93.00M $116.0M $72.00M $141.0M $116.0M $77.00M $61.00M $47.00M $27.00M $8.000M $4.000M $3.000M $5.000M $5.000M $5.000M $5.000M $6.000M $3.000M $1.000M $1.000M $1.000M
YoY Change 682.34% 4.79% 17.2% -19.83% 61.11% -48.94% 21.55% 50.65% 26.23% 29.79% 74.07% 237.5% 100.0% 33.33% -40.0% 0.0% 0.0% 0.0% -16.67% 100.0% 200.0% 0.0% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $29.00M $6.000M $6.000M $3.000M $6.000M $76.00M $10.00M $8.000M $5.000M $3.000M
YoY Change -100.0% 383.33% 0.0% 100.0% -50.0% -92.11% 660.0% 25.0% 60.0% 66.67%
Long-Term Debt Due $0.00 $0.00 $0.00 $9.000M $12.00M $21.00M $6.000M
YoY Change -100.0% -25.0% -42.86%
Total Short-Term Liabilities $893.6M $114.2M $109.0M $93.00M $116.0M $72.00M $150.0M $128.0M $99.00M $61.00M $53.00M $27.00M $8.000M $4.000M $3.000M $5.000M $5.000M $5.000M $5.000M $6.000M $3.000M $1.000M $1.000M $1.000M
YoY Change 682.34% 4.79% 17.2% -19.83% 61.11% -52.0% 17.19% 29.29% 62.3% 15.09% 96.3% 237.5% 100.0% 33.33% -40.0% 0.0% 0.0% 0.0% -16.67% 100.0% 200.0% 0.0% 0.0%
Long-Term Debt $3.848B $274.9M $274.0M $256.0M $173.0M $173.0M $164.0M $163.0M $241.0M $94.00M $76.00M $82.00M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 1299.72% 0.33% 7.03% 47.98% 0.0% 5.49% 0.61% -32.37% 156.38% 23.68% -7.32%
Other Long-Term Liabilities $4.000M $0.00 $8.000M $50.00M
YoY Change -100.0% -84.0%
Total Long-Term Liabilities $3.848B $274.9M $274.0M $256.0M $177.0M $173.0M $172.0M $213.0M $241.0M $94.00M $76.00M $82.00M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 1299.72% 0.33% 7.03% 44.63% 2.31% 0.58% -19.25% -11.62% 156.38% 23.68% -7.32%
Total Liabilities $35.14B $8.237B $8.328B $6.980B $6.921B $9.685B $9.316B $10.05B $7.583B $5.468B $3.303B $1.494B $815.0M $726.0M $796.0M $778.0M $691.0M $727.0M $677.0M $595.0M $539.0M $371.0M $281.0M $274.0M
YoY Change 326.63% -1.09% 19.31% 0.85% -28.54% 3.96% -7.3% 32.53% 38.68% 65.55% 121.08% 83.31% 12.26% -8.79% 2.31% 12.59% -4.95% 7.39% 13.78% 10.39% 45.28% 32.03% 2.55%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Basic Shares Outstanding 168.4M shares 85.39M shares 77.27M shares 76.92M shares 50.62M shares 50.62M shares 50.25M shares 46.83M shares 37.05M shares 28.04M shares 15.29M shares 11.70M shares 10.65B shares 5.108B shares
Diluted Shares Outstanding 168.7M shares 85.39M shares 77.27M shares 76.92M shares 50.72M shares 50.85M shares 50.82M shares 47.64M shares 37.60M shares 28.25M shares 15.29M shares 11.71M shares 10.65B shares 5.108B shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $2.8813 Billion

About BANC OF CALIFORNIA, INC.

Banc of California, Inc. is a holding company engaged in the provision of commercial banking services. The company is headquartered in Santa Ana, California and currently employs 2,304 full-time employees. The company went IPO on 2002-08-23. The Bank provides a range of loan and deposit products and services through more than 90 full-service branches throughout California and in Denver, Colorado, and Durham, North Carolina, and full-stack payment processing solutions through its subsidiary, Deepstack Technologies, LLC. The Bank also serves the Community Association Management Industry nationwide with its technology-forward platform SmartStreet. The Bank is organized into four business groups: Community Banking, Specialty Banking, Deposit Services, and Payment Solutions. Specialty Banking is focused on serving clients in niche verticals by industry, including homeowner associations, venture banking, SBA lending, mortgage warehouse lending, media and entertainment and equipment finance. Deposit Services provide valuable services to clients in the Community and Specialty Banking groups.

Industry: National Commercial Banks Peers: BROOKLINE BANCORP INC Customers Bancorp, Inc. First Foundation Inc. LAKELAND BANCORP INC NICOLET BANKSHARES INC Preferred Bank PNC FINANCIAL SERVICES GROUP, INC.