Loading financials from SEC filings…
Banks · Financial Services · Fiscal year ends Dec 31
BANC of California reported revenue of $39M in the fiscal year ended Dec 2025, up 4.2% from the year before. Net income was $229M. Operating cash flow of $256M less capital expenditure of $21M left free cash flow of $235M. It held more cash than debt (net cash $244M).
Ranks among the 59 banks companies we cover (1st = best; for debt, the least indebted). Green = top third, red = bottom third.
Last 5 fiscal years
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 24.8 | 30.7 | 33.8 | 37.2 | 38.8 |
| Net interest incomeBanks | 1,104 | 1,291 | 747 | 926 | 977 |
| Interest expense | 54.9 | 266 | 1,224 | 887 | 699 |
| Pre-tax income | 822 | 568 | −2,211 | 169 | 313 |
| Income tax | 215 | 144 | −312 | 41.8 | 84.1 |
| Net income | 607 | 424 | −1,899 | 127 | 229 |
| Diluted EPS | 7.76 | 5.14 | −22.71 | 0.52 | 1.17 |
| Diluted shares | 76.9 | 77.3 | 85.4 | 169 | 162 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | 228 | 229 | 5,378 | 2,502 | 2,308 |
| Net PP&E | 113 | 54.3 | 147 | 143 | 147 |
| Goodwill | 1,406 | 1,377 | 199 | 215 | 215 |
| Total assets | 9,394 | 41,229 | 38,534 | 33,543 | 34,797 |
| Deferred revenue | – | 70.0 | 0.1 | 0.1 | 0.0 |
| Long-term debt | – | 1,764 | 2,911 | 1,392 | 2,064 |
| DepositsBanks | 7,439 | 33,936 | 30,402 | 27,192 | 27,843 |
| Total liabilities | 8,328 | 37,278 | 35,143 | 30,043 | 31,256 |
| Shareholders' equity | 4,000 | 3,951 | 3,391 | 3,500 | 3,541 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | 503 | 702 | 136 | 77.4 | 256 |
| Capital expenditure | 17.3 | 20.1 | 15.2 | 13.0 | 20.8 |
| Free cash flow | 486 | 682 | 121 | 64.3 | 235 |
| Depreciation & amortisation | 19.3 | 15.3 | 52.7 | 54.6 | 49.3 |
| Stock-based compensation | 5.3 | 6.2 | – | – | – |
| Acquisitions | −476 | 10.3 | – | – | – |
| Share buybacks | 0.0 | 75.1 | – | – | 0.0 |
| Dividends paid | 119 | 120 | 48.9 | 68.3 | – |
| Dividend per share | 0.53 | 0.40 | 0.53 | 0.40 | 0.40 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 23.5% | 10.0% | 10.2% | 4.2% |
| EPS growth (YoY) | – | −33.8% | −541.8% | – | 125.0% |
| Net margin | 2443.2% | 1380.3% | −5624.2% | 340.9% | 590.2% |
| Return on equityBlank when equity is negative | 15.2% | 10.7% | −56.0% | 3.6% | 6.5% |
| Free cash flow margin | 1955.1% | 2221.7% | 357.0% | 172.8% | 605.2% |
| Cash conversion (CFO ÷ net income) | 0.83x | 1.66x | −0.07x | 0.61x | 1.12x |
| Debt ÷ equity | – | 0.45x | 0.86x | 0.40x | 0.58x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | – | 1,535 | −2,466 | −1,110 | −244 |
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.