BANC FY 2022 Earnings — Banc of California, Inc. Revenue & Financial Results | Market Cap Arena

BANCBanc of California, Inc.

$3B

FY 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.6B+20.3% YoY

Gross Profit

$1.3B81.9% margin

Operating Income

$568M35.3% margin

Net Income

$424M26.4% margin

EPS (Diluted)

$0.85

Cash Flow

Operating Cash Flow

$702M

Free Cash Flow

$581M

Stock-Based Comp.

$35M

Balance Sheet

Total Assets

$41.2B

Total Liabilities

$37.3B

Stockholders' Equity

$4.0B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.3B	+20.3%
Gross Profit	$1.3B	$1.4B	-8.7%
Operating Income	$568M	$822M	-31.0%
Net Income	$424M	$607M	-30.2%