BANC FY 2024 Earnings — Banc of California, Inc. Revenue & Financial Results | Market Cap Arena

BANCBanc of California, Inc.

$3B

FY 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.9B+24.6% YoY

Gross Profit

$943M50.4% margin

Operating Income

$169M9.0% margin

Net Income

$127M6.8% margin

EPS (Diluted)

$0.52

Cash Flow

Operating Cash Flow

$77M

Free Cash Flow

$64M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$33.5B

Total Liabilities

$30.0B

Stockholders' Equity

$3.5B

Cash & Equivalents

$2.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.5B	+24.6%
Gross Profit	$943M	$226M	+316.6%
Operating Income	$169M	-$2.2B	+107.6%
Net Income	$127M	-$1.9B	+106.7%