Banc of California (BANC)
Serves businesses with relationship banking, specialty finance, treasury management, and integrated payments.
$18.26
vs last close−0.04 (−0.19%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 486 | 1,099 | 508 | 488 | 427 | 449 | 438 | 448 | 466 | 459 | 443 | 415 |
| Cost of revenue | 315 | 1,141 | 260 | 244 | 224 | 202 | 184 | 219 | 179 | 166 | 166 | 326 |
| Gross profit | 170 | −42 | 248 | 244 | 204 | 247 | 254 | 230 | 286 | 293 | 277 | 89 |
| 197 | 2,280 | 206 | 199 | 192 | 177 | 181 | 182 | 194 | 181 | 181 | 424 | |
| 110 | 384 | 113 | 112 | 98 | 89 | 94 | 98 | 186 | 181 | 106 | 119 | |
| General & administrative | 110 | 384 | 113 | 112 | 98 | 89 | 94 | 98 | 186 | 181 | 106 | 119 |
| Other expenses | 87 | 1,896 | 93 | 87 | 94 | 88 | 87 | 84 | 8 | 0 | 75 | 305 |
| Operating income | −27 | −2,322 | 42 | 45 | 12 | 70 | 73 | 48 | 92 | 112 | 96 | −335 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −13 | 0 | 0 | |
| Interest income | 446 | 1,632 | 479 | 463 | 447 | 425 | 407 | 421 | 433 | 417 | 407 | 415 |
| Interest expense | 315 | 1,096 | 250 | 233 | 215 | 189 | 174 | 180 | 179 | 166 | 156 | 164 |
| Income before tax | −27 | −2,322 | 42 | 45 | 12 | 70 | 73 | 48 | 92 | 100 | 96 | −335 |
| Income tax expense | −3 | −343 | 12 | 14 | 3 | 13 | 19 | 19 | 23 | 22 | 24 | −95 |
| Net income from continuing operations | −23 | −1,980 | 31 | 30 | 9 | 57 | 54 | 28 | 70 | 77 | 72 | −240 |
| Net income | −23 | −1,980 | 31 | 30 | 9 | 57 | 54 | 28 | 70 | 77 | 72 | −240 |
| EPS, basic | $0.74 | −$4.55 | $0.12 | $0.12 | −$0.01 | $0.28 | $0.26 | $0.12 | $0.38 | $0.42 | $0.40 | −$1.61 |
| EPS, diluted | $0.74 | −$4.55 | $0.12 | $0.12 | −$0.01 | $0.28 | $0.26 | $0.12 | $0.38 | $0.42 | $0.45 | −$1.61 |
| Weighted average shares, basic | 146 | 143 | 168 | 168 | 169 | 169 | 168 | 158 | 157 | 155 | 155 | 156 |
| Weighted average shares, diluted | 143 | 143 | 168 | 168 | 169 | 170 | 169 | 158 | 159 | 160 | 160 | 156 |
| EBITDA | −5 | −2,244 | 73 | 77 | 43 | 97 | 99 | 73 | 100 | 125 | 119 | −335 |
| Depreciation & amortization | 21 | 79 | 30 | 32 | 32 | 27 | 26 | 25 | 7 | 13 | 23 | 0 |
| EBIT | −27 | −2,322 | 42 | 45 | 12 | 70 | 73 | 48 | 92 | 112 | 96 | −335 |
