BANC OF CALIFORNIA, INC. (BANC)
Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014
Balance Sheet Date2025-Dec-312025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-31
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014
Total Revenue458,519,000$466,826,000$453,142,000$440,305,000$453,508,000$431,441,000$492,381,000$512,520,000$66,838,000$489,892,000$411,806,000$554,179,000$78,790,000$85,089,000$85,485,000$82,351,000$77,899,000$68,495,000$63,290,000$62,297,000$68,538,000$59,809,000$60,843,000$53,922,000$61,590,000$62,096,000$62,490,000$74,103,000$73,130,000$76,016,000$80,825,000$80,020,000$78,868,000$93,401,000$81,207,000$95,384,000$115,436,000$104,878,000$100,229,000$88,432,000$118,885,000$106,277,000$120,797,000$97,977,000$87,220,000$82,284,000$70,947,000$60,463,000$
QoQ%(1.78%)3.02%2.92%(2.91%)5.12%(12.38%)(3.93%)666.81%(86.36%)18.96%(25.69%)603.36%(7.40%)(.46%)3.81%5.72%13.73%8.22%1.59%(9.11%)14.60%(1.70%)12.84%(12.45%)(.82%)(.63%)(15.67%)1.33%(3.80%)(5.95%)1.01%1.46%(15.56%)15.02%(14.86%)(17.37%)10.07%4.64%13.34%(25.62%)11.86%(12.02%)23.29%12.33%6.00%15.98%17.34%(10.85%)
YoY%1.11%8.20%(7.97%)(14.09%)578.52%(11.93%)19.57%(7.52%)(15.17%)475.74%381.73%572.95%1.14%24.23%35.07%32.19%13.66%14.52%4.02%15.53%11.28%(3.68%)(2.64%)(27.23%)(15.78%)(18.31%)(22.69%)(7.39%)(7.28%)(18.61%)(.47%)(16.11%)(31.68%)(10.94%)(18.98%)7.86%(2.90%)(1.32%)(17.03%)(9.74%)36.31%29.16%70.26%62.05%28.61%82.17%48.75%81.64%
Cost Of Revenue6,680,000$9,700,000$39,100,000$9,300,000$12,801,000$9,000,000$11,000,000$10,000,000$47,000,000$0$2,000,000$3,000,000$56,042,000$0$0$(31,542,000$)11,262,000$(1,147,000$)(2,154,000$)(1,107,000$)991,000$1,141,000$11,826,000$15,761,000$(2,678,000$)38,540,000$(1,987,000$)2,512,000$6,653,000$1,410,000$2,653,000$19,499,000$5,052,000$3,561,000$2,503,000$2,583,000$589,000$2,592,000$1,769,000$321,000$1,260,000$735,000$5,474,000$0$4,159,000$2,780,000$2,108,000$1,929,000$
Gross Profit451,839,000$457,126,000$414,042,000$431,005,000$440,707,000$422,441,000$481,381,000$502,520,000$19,838,000$489,892,000$409,806,000$551,179,000$22,748,000$85,089,000$85,485,000$113,893,000$66,637,000$69,642,000$65,444,000$63,404,000$67,547,000$58,668,000$49,017,000$38,161,000$64,268,000$23,556,000$64,477,000$71,591,000$66,477,000$74,606,000$78,172,000$60,521,000$73,816,000$89,840,000$78,704,000$92,801,000$114,847,000$102,286,000$98,460,000$88,111,000$117,625,000$105,542,000$115,323,000$97,977,000$83,061,000$79,504,000$68,839,000$58,534,000$
Gross Margin98.54%97.92%91.37%97.89%97.18%97.91%97.77%98.05%29.68%100.00%99.51%99.46%28.87%100.00%100.00%138.30%85.54%101.68%103.40%101.78%98.55%98.09%80.56%70.77%104.35%37.94%103.18%96.61%90.90%98.15%96.72%75.63%93.59%96.19%96.92%97.29%99.49%97.53%98.24%99.64%98.94%99.31%95.47%100.00%95.23%96.62%97.03%96.81%
Operating Expenses180,644,000$185,684,000$185,869,000$183,653,000$181,370,000$196,209,000$203,643,000$210,518,000$363,638,000$201,103,000$320,437,000$1,573,003,000$48,203,000$50,962,000$48,612,000$46,596,000$58,127,000$37,811,000$39,832,000$46,735,000$38,950,000$40,394,000$72,770,000$46,919,000$47,483,000$43,240,000$43,500,000$62,249,000$49,569,000$60,877,000$62,539,000$59,800,000$66,382,000$75,671,000$76,319,000$89,896,000$92,895,000$86,123,000$65,053,000$59,144,000$86,659,000$81,743,000$87,920,000$75,879,000$78,220,000$67,354,000$60,304,000$57,594,000$
Operating Income
Operating Margin
Interest Income
Interest Expenses165,586,000$179,097,000$180,293,000$174,291,000$189,234,000$214,718,000$233,101,000$249,602,000$316,189,000$315,355,000$353,812,000$238,516,000$23,895,000$16,565,000$10,119,000$7,828,000$8,534,000$8,815,000$9,830,000$10,702,000$11,967,000$13,811,000$17,382,000$22,853,000$27,042,000$33,742,000$39,260,000$42,904,000$40,448,000$36,582,000$32,421,000$27,269,000$23,984,000$21,715,000$20,940,000$18,361,000$16,799,000$15,274,000$13,603,000$13,823,000$12,133,000$10,965,000$10,740,000$8,783,000$8,749,000$8,463,000$8,059,000$7,591,000$
Income Before Tax99,789,000$92,345,000$47,880,000$73,061,000$70,103,000$11,514,000$44,637,000$42,400,000$(659,989,000$)(26,566,000$)(264,443,000$)(1,260,340,000$)30,587,000$34,127,000$36,873,000$67,297,000$8,510,000$31,831,000$25,612,000$16,669,000$28,597,000$18,274,000$(23,753,000$)(8,758,000$)17,083,000$(19,751,000$)20,890,000$9,756,000$16,908,000$13,729,000$15,633,000$721,000$7,434,000$14,169,000$2,385,000$2,905,000$21,952,000$16,163,000$33,407,000$28,967,000$30,966,000$23,799,000$27,403,000$22,098,000$4,841,000$12,150,000$8,535,000$940,000$
Tax Expenses22,398,000$22,716,000$19,495,000$19,493,000$13,184,000$2,730,000$14,304,000$11,548,000$(177,034,000$)(3,222,000$)(67,029,000$)(64,916,000$)9,068,000$9,931,000$10,161,000$18,785,000$2,759,000$8,661,000$6,562,000$2,294,000$6,894,000$2,361,000$(5,304,000$)(2,165,000$)2,811,000$(5,619,000$)4,308,000$2,719,000$6,117,000$3,301,000$1,779,000$(6,353,000$)(3,418,000$)(3,939,000$)(12,753,000$)(6,471,000$)(2,543,000$)(9,016,000$)13,647,000$11,661,000$11,928,000$9,263,000$11,479,000$9,524,000$(5,269,000$)903,000$436,000$191,000$
Net Income77,391,000$69,629,000$28,385,000$53,568,000$56,919,000$8,784,000$30,333,000$30,852,000$(482,955,000$)(23,344,000$)(197,414,000$)(1,195,424,000$)21,519,000$24,196,000$26,712,000$48,512,000$5,751,000$23,170,000$19,050,000$14,375,000$21,703,000$15,913,000$(18,449,000$)(6,593,000$)14,272,000$(14,132,000$)16,582,000$7,037,000$11,038,000$11,096,000$14,780,000$8,558,000$11,302,000$16,949,000$12,257,000$17,201,000$33,264,000$35,937,000$26,528,000$19,687,000$19,038,000$14,536,000$15,924,000$12,574,000$10,110,000$11,247,000$8,099,000$749,000$
Profit Margin16.88%14.92%6.26%12.17%12.55%2.04%6.16%6.02%(722.58%)(4.77%)(47.94%)(215.71%)27.31%28.44%31.25%58.91%7.38%33.83%30.10%23.08%31.67%26.61%(30.32%)(12.23%)23.17%(22.76%)26.54%9.50%15.09%14.60%18.29%10.70%14.33%18.15%15.09%18.03%28.82%34.27%26.47%22.26%16.01%13.68%13.18%12.83%11.59%13.67%11.42%1.24%
TTM12.59%11.50%8.30%8.23%6.71%(27.47%)(28.50%)(45.43%)(124.72%)(90.88%)(119.23%)(139.76%)36.46%31.79%33.14%33.04%22.92%29.81%27.98%13.34%5.17%2.18%(10.44%)4.22%9.13%7.55%16.01%14.45%14.67%14.49%15.49%14.71%16.54%20.67%24.86%27.15%28.22%24.54%19.28%15.93%13.98%12.89%12.84%12.42%10.04%8.32%1.49%(.05%)
Earnings to Minority9,947,000$9,947,000$9,947,000$9,947,000$9,947,000$9,947,000$9,947,000$9,947,000$9,947,000$9,947,000$9,947,000$9,947,000$3,857,000$8,590,000$4,673,000$4,510,000$4,511,000$7,479,000$5,402,000$5,316,000$5,113,000$5,112,000$5,113,000$5,113,000$5,113,000$5,112,000$5,114,000$4,575,000$3,030,000$3,040,000$2,843,000$910,000$910,000$910,000$910,000$910,000$
Earnings to Common Shareholders67,444,000$59,682,000$18,438,000$43,621,000$46,972,000$(1,163,000$)20,386,000$20,905,000$(492,902,000$)(33,291,000$)(207,361,000$)(1,205,371,000$)21,519,000$24,196,000$26,712,000$48,512,000$5,751,000$23,170,000$19,050,000$14,375,000$21,703,000$15,913,000$(18,449,000$)(6,593,000$)10,415,000$(22,722,000$)11,909,000$2,527,000$6,527,000$3,617,000$9,378,000$3,242,000$6,189,000$11,837,000$7,144,000$12,088,000$28,151,000$30,825,000$21,414,000$15,112,000$16,008,000$11,496,000$13,081,000$11,664,000$9,200,000$10,337,000$7,189,000$(161,000$)
QoQ%13.01%223.69%(57.73%)(7.13%)4,138.87%(105.71%)(2.48%)104.24%(1,380.59%)83.95%82.80%(5,701.43%)(11.06%)(9.42%)(44.94%)743.54%(75.18%)21.63%32.52%(33.77%)36.39%186.25%(179.83%)(163.30%)145.84%(290.80%)371.27%(61.28%)80.45%(61.43%)189.27%(47.62%)(47.72%)65.69%(40.90%)(57.06%)(8.68%)43.95%41.70%(5.60%)39.25%(12.12%)12.15%26.78%(11.00%)43.79%4,565.22%(106.79%)
YoY%43.58%5,231.73%(9.56%)108.66%109.53%96.51%109.83%101.73%(2,390.54%)(237.59%)(876.28%)(2,584.69%)274.18%4.43%40.22%237.48%(73.50%)45.60%203.26%318.03%108.38%170.03%(254.92%)(360.90%)59.57%(728.20%)26.99%(22.05%)5.46%(69.44%)31.27%(73.18%)(78.02%)(61.60%)(66.64%)(20.01%)75.86%168.14%63.70%29.56%74.00%11.21%81.96%7,344.72%288.19%209.04%64.77%(125.12%)
Earnings Per Share, Basic0.43$0.38$0.12$0.26$0.28$(0.01$)0.12$0.12$(4.54$)(0.43$)(2.67$)(15.56$)0.21$(0.45$)0.23$0.05$0.13$0.07$0.19$0.06$0.12$0.24$0.14$0.24$0.56$0.62$0.45$0.38$0.48$0.30$0.34$0.31$0.27$0.32$0.28$(0.01$)
Earnings Per Share, Diluted0.42$0.38$0.12$0.26$0.28$(0.01$)0.12$0.12$(4.54$)(0.43$)(2.67$)(15.56$)0.21$(0.45$)0.23$0.05$0.13$0.07$0.18$0.06$0.12$0.23$0.14$0.24$0.56$0.60$0.44$0.37$0.47$0.30$0.33$0.30$0.27$0.32$0.28$(0.01$)
Unlevered FCF Per Share, Basic0.54$0.48$0.39$0.08$0.45$0.26$0.20$(0.54$)0.72$0.35$0.79$(0.60$)0.36$0.62$0.11$0.29$0.50$0.86$0.65$0.24$0.99$2.52$7.90$(0.53$)3.26$1.76$(0.98$)(5.04$)(4.71$)2.66$0.07$(1.90$)(2.71$)(2.53$)(7.55$)(13.41$)
Unlevered FCF Per Share, Diluted0.53$0.47$0.39$0.08$0.45$0.26$0.20$(0.54$)0.72$0.35$0.79$(0.60$)0.36$0.62$0.11$0.29$0.50$0.86$0.65$0.24$0.99$2.49$7.80$(0.52$)3.25$1.72$(0.96$)(4.95$)(4.64$)2.62$0.07$(1.87$)(2.67$)(2.52$)(7.50$)(13.41$)
Average Shares, Basic155,276,000157,103,000158,354,000168,495,000168,606,000168,583,000168,432,000168,143,000108,545,00077,881,00077,682,00077,468,00050,071,05450,882,22750,857,13750,676,72250,652,83850,656,07650,593,42950,590,54550,375,29050,362,31450,289,59049,991,18649,982,41949,907,84047,426,84139,996,75233,671,14638,122,15038,519,82737,873,25333,572,23232,571,09925,835,40820,199,025
Average Shares, Diluted159,949,000159,051,000158,462,000169,434,000169,578,000168,583,000168,432,000168,143,000108,545,00077,881,00077,682,00077,468,00050,205,90050,882,22750,964,95650,846,72150,662,29150,899,46450,919,09150,925,53050,649,33350,933,35850,942,32450,754,14550,249,90150,996,46948,554,43440,751,61634,197,69838,696,49439,195,17838,304,66634,115,56632,689,73625,988,56520,199,025
EBIT265,375,000$271,442,000$228,173,000$247,352,000$259,337,000$226,232,000$277,738,000$292,002,000$(343,800,000$)288,789,000$89,369,000$(1,021,824,000$)54,482,000$50,692,000$46,992,000$75,125,000$17,044,000$40,646,000$35,442,000$27,371,000$40,564,000$32,085,000$(6,371,000$)14,095,000$44,125,000$13,991,000$60,150,000$52,660,000$57,356,000$50,311,000$48,054,000$27,990,000$31,418,000$35,884,000$23,325,000$21,266,000$38,751,000$31,437,000$47,010,000$42,790,000$43,099,000$34,764,000$38,143,000$30,881,000$13,590,000$20,613,000$16,594,000$8,531,000$
EBITDA265,375,000$271,442,000$228,173,000$247,352,000$259,337,000$226,232,000$277,738,000$292,002,000$(343,800,000$)292,830,000$93,103,000$(1,018,213,000$)57,945,000$54,655,000$50,930,000$79,107,000$24,908,000$44,319,000$39,298,000$31,256,000$44,484,000$36,059,000$(2,491,000$)18,619,000$52,752,000$16,501,000$62,757,000$55,343,000$57,356,000$50,311,000$48,054,000$27,990,000$31,418,000$35,884,000$23,325,000$21,266,000$38,751,000$31,437,000$47,010,000$42,790,000$43,099,000$34,764,000$38,143,000$30,881,000$13,590,000$20,613,000$16,594,000$8,531,000$