Banc Of California, Inc.
BANC NYSE National Commercial Banks Financials FY2016–FY2025
Last close · Oct 23, 2026
$17.92
1.0%
Revenue
Total sales reported in the income statement.
$1.8B
3.8%
vs prior year
Efficiency ratio
Noninterest expense as a share of revenue. Lower is better for banks.
40.5%
1.4 pts
Net income
Profit after all expenses, interest and tax.
$229M
80.5%
Return on equity
Net income as a share of average shareholders' equity.
6.5%
2.8 pts
Market cap
Last close times the latest diluted share count, so it is approximate.
$2.8B
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
On −$0.42 EPS (TTM)
What Banc Of California, Inc. does
No business description yet.
- Legal name
- BANC OF CALIFORNIA, INC.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Accession · CIK
- 0001628280-26-012946
0001169770
Revenue and margins
Banc Of California, Inc. had $1.8B of revenue in fiscal 2025, down 3.8% on the year before.
FY16
Revenue $6.3M
FY17
Revenue $6.6M
FY18
Revenue $5.6M
FY19
Revenue $4.0M
FY20
Revenue $3.8M
FY21
Revenue $1.4B
FY22
Revenue $1.6B
FY23
Revenue $1.5B
FY24
Revenue $1.9B
FY25
Revenue $1.8B
Q3 '23
Revenue $490M
Q4 '23
Revenue $66.8M
Q1 '24
Revenue $513M
Q2 '24
Revenue $492M
Q3 '24
Revenue $431M
Q4 '24
Revenue $454M
Q1 '25
Revenue $440M
Q2 '25
Revenue $453M
Q3 '25
Revenue $467M
Q4 '25
Revenue $459M
Q1 '26
Revenue $443M
Q2 '26
Revenue $181M
FY16
Net interest share 4,909.0%
Efficiency ratio 4,796.2%
FY17
Net interest share 4,630.7%
Efficiency ratio 4,692.8%
FY18
Net interest share 5,104.9%
Efficiency ratio 4,137.7%
FY19
Net interest share 6,247.8%
Efficiency ratio 4,946.4%
FY20
Net interest share 5,896.4%
Efficiency ratio 5,234.6%
FY21
Net interest share 81.6%
Efficiency ratio 47.1%
FY22
Net interest share 79.1%
Efficiency ratio 47.4%
FY23
Net interest share 49.1%
Efficiency ratio 161.4%
FY24
Net interest share 49.0%
Efficiency ratio 41.9%
FY25
Net interest share 53.7%
Efficiency ratio 40.5%
Net interest share
Efficiency ratio
Q3 '23
Net interest share 26.7%
Efficiency ratio 41.1%
Q4 '23
Net interest share 226.0%
Efficiency ratio 544.1%
Q1 '24
Net interest share 44.7%
Efficiency ratio 41.1%
Q2 '24
Net interest share 46.6%
Efficiency ratio 41.4%
Q3 '24
Net interest share 53.8%
Efficiency ratio 45.5%
Q4 '24
Net interest share 51.9%
Efficiency ratio 40.0%
Q1 '25
Net interest share 52.8%
Efficiency ratio 41.7%
Q2 '25
Net interest share 53.0%
Efficiency ratio 41.0%
Q3 '25
Net interest share 54.3%
Efficiency ratio 39.8%
Q4 '25
Net interest share 54.8%
Efficiency ratio 39.4%
Q1 '26
Net interest share 56.8%
Efficiency ratio 41.0%
Q2 '26
Net interest share 138.8%
Efficiency ratio 105.2%
Net interest share
Efficiency ratio
Net income and earnings per share
From fiscal 2016 to 2025, diluted EPS grew −5.5% a year. Loss periods are shown in red.
FY16
Net income $115M
FY17
Net income $57.7M
FY18
Net income $45.5M
FY19
Net income $23.8M
FY20
Net income $12.6M
FY21
Net income $607M
FY22
Net income $424M
FY23
Net income −$1.9B
FY24
Net income $127M
FY25
Net income $229M
Q3 '23
Net income −$23.3M
Q4 '23
Net income −$483M
Q1 '24
Net income $30.9M
Q2 '24
Net income $30.3M
Q3 '24
Net income $8.8M
Q4 '24
Net income $56.9M
Q1 '25
Net income $53.6M
Q2 '25
Net income $28.4M
Q3 '25
Net income $69.6M
Q4 '25
Net income $77.4M
Q1 '26
Net income $72.0M
Q2 '26
Net income −$241M
FY16
Diluted EPS $1.94
FY17
Diluted EPS $0.71
FY18
Diluted EPS $0.45
FY19
Diluted EPS $0.05
FY20
Diluted EPS —
FY21
Diluted EPS $7.76
FY22
Diluted EPS $5.14
FY23
Diluted EPS −$22.71
FY24
Diluted EPS $0.52
FY25
Diluted EPS $1.17
Q3 '23
Diluted EPS −$0.42
Q4 '23
Diluted EPS −$4.55
Q1 '24
Diluted EPS $0.12
Q2 '24
Diluted EPS $0.12
Q3 '24
Diluted EPS −$0.01
Q4 '24
Diluted EPS $0.28
Q1 '25
Diluted EPS $0.26
Q2 '25
Diluted EPS $0.12
Q3 '25
Diluted EPS $0.38
Q4 '25
Diluted EPS $0.42
Q1 '26
Diluted EPS $0.39
Q2 '26
Diluted EPS −$1.61
Returns and efficiency
For banks, return on equity and the efficiency ratio (costs as a share of revenue) say most about how well the business runs.
FY16
ROE 11.8%
ROTE 10.0%
Efficiency ratio 4,796.2%
FY17
ROE 5.8%
ROTE 3.7%
Efficiency ratio 4,692.8%
FY18
ROE 4.6%
ROTE 2.5%
Efficiency ratio 4,137.7%
FY19
ROE 2.6%
ROTE 0.3%
Efficiency ratio 4,946.4%
FY20
ROE 0.6%
ROTE 0.4%
Efficiency ratio 5,234.6%
FY21
ROE 16.0%
ROTE 23.5%
Efficiency ratio 47.1%
FY22
ROE 10.7%
ROTE 15.9%
Efficiency ratio 47.4%
FY23
ROE −51.7%
ROTE −64.1%
Efficiency ratio 161.4%
FY24
ROE 3.7%
ROTE 2.8%
Efficiency ratio 41.9%
FY25
ROE 6.5%
ROTE 5.9%
Efficiency ratio 40.5%
ROE
ROTE
Efficiency ratio
Dividends, buybacks and share count
Banc Of California, Inc. returned $0.0M to shareholders in fiscal 2025, 0% of free cash flow. The diluted share count fell 4.1%.
FY16
Dividends $21.8M
Buybacks $0.0M
FY17
Dividends $25.7M
Buybacks —
FY18
Dividends $32.7M
Buybacks $0.0M
FY19
Dividends $15.7M
Buybacks $0.0M
FY20
Dividends $11.8M
Buybacks $12.0M
FY21
Dividends $119M
Buybacks $0.0M
FY22
Dividends $120M
Buybacks $75.1M
FY23
Dividends $48.9M
Buybacks —
FY24
Dividends $68.3M
Buybacks —
FY25
Dividends —
Buybacks $0.0M
Dividends
Buybacks
Q3 '23
Dividends $0.8M
Buybacks −$0.0M
Q4 '23
Dividends $17.5M
Buybacks —
Q1 '24
Dividends $16.7M
Buybacks $0.0M
Q2 '24
Dividends $17.3M
Buybacks $0.0M
Q3 '24
Dividends $16.4M
Buybacks $0.0M
Q4 '24
Dividends $17.9M
Buybacks —
Q1 '25
Dividends $17.3M
Buybacks $38.9M
Q2 '25
Dividends $16.3M
Buybacks $113M
Q3 '25
Dividends $16.1M
Buybacks $35.9M
Q4 '25
Dividends —
Buybacks −$188M
Q1 '26
Dividends $18.8M
Buybacks $32.3M
Q2 '26
Dividends $18.9M
Buybacks −$0.1M
Dividends
Buybacks
FY16
Diluted shares 0.05B
FY17
Diluted shares 0.05B
FY18
Diluted shares 0.05B
FY19
Diluted shares 0.05B
FY20
Diluted shares —
FY21
Diluted shares 0.08B
FY22
Diluted shares 0.08B
FY23
Diluted shares 0.09B
FY24
Diluted shares 0.17B
FY25
Diluted shares 0.16B
Balance sheet
Loans, deposits and capital at each fiscal year end.
FY16
Loans $6.0B
Deposits $9.1B
FY17
Loans $6.6B
Deposits $7.3B
FY18
Loans $7.6B
Deposits $7.9B
FY19
Loans $5.9B
Deposits $5.4B
FY20
Loans $5.8B
Deposits $6.1B
FY21
Loans $7.2B
Deposits $7.4B
FY22
Loans $28.4B
Deposits $33.9B
FY23
Loans $25.2B
Deposits $30.4B
FY24
Loans $23.5B
Deposits $27.2B
FY25
Loans $24.8B
Deposits $27.8B
Loans
Deposits
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Loans, net | $7.2B | $28.4B | $25.2B | $23.5B | $24.8B |
| Deposits | $7.4B | $33.9B | $30.4B | $27.2B | $27.8B |
| Loans / deposits | 96.2% | 83.7% | 82.9% | 86.6% | 89.0% |
| Total assets | $9.4B | $41.2B | $38.5B | $33.5B | $34.8B |
| Shareholders' equity | $4.0B | $4.0B | $3.4B | $3.5B | $3.5B |
| Goodwill | $1.4B | $1.4B | $199M | $215M | $215M |
| Intangible assets | $6.4M | $31.4M | $165M | $133M | $105M |
| Provision / loans | — | 0.0% | −0.2% | — | — |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $6.3M | $6.6M | $5.6M | $4.0M | $3.8M | $1.4B | $1.6B | $1.5B | $1.9B | $1.8B |
| Net interest income | $310M | $304M | $286M | $248M | $225M | $1.1B | $1.3B | $747M | $926M | $977M |
| Noninterest income | $98.6M | $44.7M | $23.9M | $12.1M | $18.9M | $194M | $74.8M | −$448M | $77.1M | $142M |
| Noninterest expense | $303M | $308M | $232M | $196M | $199M | $637M | $774M | $2.5B | $792M | $736M |
| Provision for credit losses | $5.3M | $13.7M | $30.2M | $36.4M | — | — | $5.0M | −$52.0M | — | — |
| Interest expense | $59.5M | $85.0M | $137M | $143M | $66.0M | $54.9M | $266M | $1.2B | $887M | — |
| Pretax income | $100M | $26.9M | $47.0M | $28.0M | $14.4M | $822M | $568M | −$2.2B | $169M | $313M |
| Income tax | $13.7M | −$26.6M | $4.8M | $4.2M | $1.8M | $215M | $144M | −$312M | $41.8M | $84.1M |
| Net income | $115M | $57.7M | $45.5M | $23.8M | $12.6M | $607M | $424M | −$1.9B | $127M | $229M |
| Net income to common | $92.5M | $36.1M | $22.9M | $2.6M | — | $607M | $404M | −$1.9B | $87.1M | $189M |
| Diluted EPS | $1.94 | $0.71 | $0.45 | $0.05 | — | $7.76 | $5.14 | −$22.71 | $0.52 | $1.17 |
| Diluted shares | 0.05B | 0.05B | 0.05B | 0.05B | — | 0.08B | 0.08B | 0.09B | 0.17B | 0.16B |
| Cash flow | ||||||||||
| Cash from operations | $18.1M | $563M | $123M | $80.3M | $74.9M | $503M | $702M | $136M | $77.4M | $256M |
| Capital expenditure | $44.7M | $15.3M | $9.0M | $10.5M | $5.1M | $17.3M | $20.1M | $15.2M | $13.0M | $20.8M |
| Free cash flow | −$26.6M | $548M | $114M | $69.8M | $69.8M | $486M | $682M | $121M | $64.3M | $235M |
| Depreciation and amortization | $11.7M | $12.4M | $10.9M | $16.4M | $16.3M | $19.3M | $15.3M | $52.7M | $54.6M | $49.3M |
| Stock-based compensation | $11.9M | $12.1M | $6.6M | $5.0M | $5.8M | $5.3M | $6.2M | — | — | — |
| Acquisitions | $0.0M | — | — | — | $0.0M | −$476M | $10.3M | — | — | — |
| Share buybacks | $0.0M | — | $0.0M | $0.0M | $12.0M | $0.0M | $75.1M | — | — | $0.0M |
| Dividends paid | $21.8M | $25.7M | $32.7M | $15.7M | $11.8M | $119M | $120M | $48.9M | $68.3M | — |
| Dividends and buybacks | $21.8M | $25.7M | $32.7M | $15.7M | $23.9M | $119M | $195M | $48.9M | $68.3M | $0.0M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $440M | $388M | $392M | $373M | $221M | $228M | $229M | $5.4B | $2.5B | $2.3B |
| Total debt | $175M | $173M | $173M | $173M | — | — | $1.8B | $2.9B | $1.4B | $2.1B |
| Finance lease liabilities | — | — | $1.1M | $0.6M | $0.1M | $0.2M | $0.1M | — | — | — |
| Loans, net | $6.0B | $6.6B | $7.6B | $5.9B | $5.8B | $7.2B | $28.4B | $25.2B | $23.5B | $24.8B |
| Deposits | $9.1B | $7.3B | $7.9B | $5.4B | $6.1B | $7.4B | $33.9B | $30.4B | $27.2B | $27.8B |
| Property and equipment, net | $141M | $136M | $129M | $128M | $122M | $113M | $54.3M | $147M | $143M | $147M |
| Goodwill | $39.2M | $37.1M | $37.1M | $37.1M | $37.1M | $1.4B | $1.4B | $199M | $215M | $215M |
| Intangible assets | $13.6M | $9.4M | $6.3M | $4.2M | $2.6M | $6.4M | $31.4M | $165M | $133M | $105M |
| Total assets | $11.0B | $10.3B | $10.6B | $7.8B | $7.9B | $9.4B | $41.2B | $38.5B | $33.5B | $34.8B |
| Total liabilities | $10.0B | $9.3B | $9.7B | $6.9B | $7.0B | $8.3B | $37.3B | $35.1B | $30.0B | $31.3B |
| Preferred stock | $269M | $269M | $231M | $190M | $185M | $95.0M | $499M | $499M | $499M | $499M |
| Shareholders' equity | $980M | $1.0B | $946M | $907M | $3.6B | $4.0B | $4.0B | $3.4B | $3.5B | $3.5B |
| Margins | ||||||||||
| Net margin | 1,825.6% | 878.5% | 811.4% | 598.2% | 330.1% | 44.9% | 26.0% | −124.7% | 6.7% | 12.6% |
| FCF margin | −420.3% | 8,337.5% | 2,034.3% | 1,756.7% | 1,831.7% | 35.9% | 41.8% | 7.9% | 3.4% | 12.9% |
| Net interest share of revenue | 4,909.0% | 4,630.7% | 5,104.9% | 6,247.8% | 5,896.4% | 81.6% | 79.1% | 49.1% | 49.0% | 53.7% |
| Efficiency ratio | 4,796.2% | 4,692.8% | 4,137.7% | 4,946.4% | 5,234.6% | 47.1% | 47.4% | 161.4% | 41.9% | 40.5% |
| Returns | ||||||||||
| Return on equity | 11.8% | 5.8% | 4.6% | 2.6% | 0.6% | 16.0% | 10.7% | −51.7% | 3.7% | 6.5% |
| Return on assets | 1.0% | 0.5% | 0.4% | 0.3% | 0.2% | 7.0% | 1.7% | −4.8% | 0.4% | 0.7% |
| Return on tangible equity | 10.0% | 3.7% | 2.5% | 0.3% | 0.4% | 23.5% | 15.9% | −64.1% | 2.8% | 5.9% |
| Growth | ||||||||||
| Revenue growth | — | 3.9% | −14.7% | −29.1% | −4.1% | 35,412.1% | 20.6% | −6.7% | 24.1% | −3.8% |
| Net income growth | — | −50.0% | −21.2% | −47.8% | −47.1% | 4,727.1% | −30.2% | −548.3% | — | 80.5% |
| EPS growth | — | −63.4% | −36.6% | −88.9% | — | — | −33.8% | −541.8% | — | 125.0% |
| FCF growth | — | — | −79.2% | −38.8% | −0.0% | 596.1% | 40.4% | −82.3% | −46.6% | 265.0% |
| Share count change | — | 6.7% | 0.1% | −0.2% | — | — | 0.5% | 10.5% | 97.5% | −4.1% |
| Financial health | ||||||||||
| Debt / equity | 0.2x | 0.2x | 0.2x | 0.2x | — | — | 0.4x | 0.9x | 0.4x | 0.6x |
| Loans / deposits | 65.6% | 90.6% | 96.5% | 108.6% | 95.6% | 96.2% | 83.7% | 82.9% | 86.6% | 89.0% |
| Provision / loans | 0.1% | 0.2% | 0.4% | 0.6% | — | — | 0.0% | −0.2% | — | — |
| Capital allocation | ||||||||||
| Capex / revenue | 706.8% | 233.3% | 160.6% | 263.8% | 133.7% | 1.3% | 1.2% | 1.0% | 0.7% | 1.1% |
| Stock comp / revenue | 189.0% | 184.7% | 117.1% | 126.9% | 151.8% | 0.4% | 0.4% | — | — | — |
| Payouts / FCF | — | 4.7% | 28.7% | 22.6% | 34.2% | 24.6% | 28.6% | 40.5% | 106.2% | 0.0% |
| Quality scores | ||||||||||
| Piotroski F-score | — | 4.0 | 4.0 | 4.0 | — | — | — | 2.0 | 5.0 | 5.0 |
| Accruals ratio | 0.9% | −4.7% | −0.7% | −0.6% | −0.8% | 1.2% | −1.1% | −5.1% | 0.1% | −0.1% |
Source: SEC EDGAR XBRL filings (CIK 0001169770). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.