BANC FY 2023 Earnings — Banc of California, Inc. Revenue & Financial Results | Market Cap Arena

BANCBanc of California, Inc.

$3B

FY 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.5B-6.5% YoY

Gross Profit

$226M15.1% margin

Operating Income

-$2.2B-147.2% margin

Net Income

-$1.9B-126.4% margin

EPS (Diluted)

$-22.71

Cash Flow

Operating Cash Flow

$136M

Free Cash Flow

$121M

Stock-Based Comp.

$29M

Balance Sheet

Total Assets

$38.5B

Total Liabilities

$35.1B

Stockholders' Equity

$3.4B

Cash & Equivalents

$5.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.6B	-6.5%
Gross Profit	$226M	$1.3B	-82.8%
Operating Income	-$2.2B	$568M	-489.6%
Net Income	-$1.9B	$424M	-548.3%