BANC
Banc of California, Inc.
NYSE: BANC · FINANCIAL SERVICES · BANKS - REGIONAL
$18.28
-3.18% today
Updated 2026-04-29
Market cap
$2.83B
P/E ratio
14.06
P/S ratio
2.65x
EPS (TTM)
$1.30
Dividend yield
2.22%
52W range
$13 – $21
Volume
3.1M
Banc of California, Inc. (BANC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $47.73M | $48.10M | $48.10M | $48.48M | $41.69M | $33.20M | $78.80M | $204.61M | $326.95M | $315.19M | $455.16M | $428.02M | $448.97M | $403.23M | $309.48M | $1.34B | $1.61B | $1.50B | $1.87B | $1.81B |
| Revenue growth (YoY) | — | +0.8% | -0.0% | +0.8% | -14.0% | -20.4% | +137.3% | +159.6% | +59.8% | -3.6% | +44.4% | -6.0% | +4.9% | -10.2% | -23.2% | +331.6% | +20.3% | -6.5% | +24.6% | -3.3% |
| Cost of revenue | $26.92M | $30.43M | $36.57M | $35.27M | $19.75M | $11.43M | $14.23M | $33.63M | $46.65M | $52.42M | $61.42M | $96.89M | $165.35M | $178.12M | $95.03M | $-107.09M | $290.23M | $1.28B | $929.46M | $747.70M |
| Gross profit | $20.79M | $17.67M | $11.53M | $13.21M | $21.95M | $21.78M | $64.57M | $170.98M | $280.30M | $262.77M | $393.74M | $331.13M | $283.62M | $225.11M | $214.44M | $1.44B | $1.32B | $226.38M | $943.09M | $1.06B |
| Gross margin | 43.5% | 36.7% | 24.0% | 27.2% | 52.6% | 65.6% | 81.9% | 83.6% | 85.7% | 83.4% | 86.5% | 77.4% | 63.2% | 55.8% | 69.3% | 108.0% | 81.9% | 15.1% | 50.4% | 58.7% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $7.45M | $7.27M | $9.67M | $9.64M | $9.87M | $13.91M | $41.89M | $110.69M | $162.88M | $114.84M | $146.15M | $129.15M | $109.97M | $105.92M | $96.81M | $385.81M | $432.32M | $468.02M | $412.18M | $557.79M |
| Operating income | $7.25M | $3.58M | $-1.99M | $-2.69M | $3.86M | $-3.02M | $6.11M | $7.91M | $26.47M | $69.17M | $100.49M | $26.89M | $46.99M | $27.98M | $14.36M | $822.33M | $567.57M | $-2.21B | $168.65M | $325.57M |
| Operating margin | 15.2% | 7.5% | -4.1% | -5.6% | 9.3% | -9.1% | 7.8% | 3.9% | 8.1% | 21.9% | 22.1% | 6.3% | 10.5% | 6.9% | 4.6% | 61.6% | 35.3% | -147.2% | 9.0% | 18.0% |
| EBITDA | $7.69M | $4.02M | $-1.54M | $-2.25M | $4.25M | $-2.37M | $8.52M | $14.84M | $37.38M | $84.16M | $117.02M | $43.25M | $60.88M | $46.60M | $32.18M | $917.67M | $664.97M | $-2.12B | $290.06M | $397.16M |
| EBITDA margin | 16.1% | 8.4% | -3.2% | -4.6% | 10.2% | -7.1% | 10.8% | 7.3% | 11.4% | 26.7% | 25.7% | 10.1% | 13.6% | 11.6% | 10.4% | 68.7% | 41.4% | -141.1% | 15.5% | 21.9% |
| EBIT | $7.25M | $3.58M | $-1.99M | $-2.69M | $3.86M | $-3.02M | $6.11M | $7.91M | $26.47M | $69.17M | $100.49M | $26.89M | $46.99M | $27.98M | $14.36M | $822.33M | $567.57M | $-2.21B | $168.65M | $325.57M |
| Interest expense | $26.95M | $28.85M | $23.02M | $17.98M | $10.79M | $6.04M | $8.48M | $23.28M | $32.86M | $42.62M | $59.50M | $85.00M | $136.72M | $142.95M | $66.01M | $54.91M | $265.73M | $1.22B | $886.65M | $699.27M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $4.71M | $2.96M | $-529000.00 | $-999000.00 | $2.83M | $-2.73M | $6.00M | $-84000.00 | $30.32M | $62.07M | $115.42M | $57.71M | $45.47M | $23.76M | $12.57M | $606.96M | $423.61M | $-1.90B | $126.89M | $228.97M |
| Net income growth (YoY) | — | -37.2% | -117.9% | -88.8% | +382.8% | -196.6% | +319.8% | -101.4% | +36192.9% | +104.7% | +85.9% | -50.0% | -21.2% | -47.8% | -47.1% | +4727.1% | -30.2% | -548.3% | +106.7% | +80.5% |
| Profit margin | 9.9% | 6.2% | -1.1% | -2.1% | 6.8% | -8.2% | 7.6% | -0.0% | 9.3% | 19.7% | 25.4% | 13.5% | 10.1% | 5.9% | 4.1% | 45.4% | 26.4% | -126.4% | 6.8% | 12.6% |