BANC Q1 2020 Earnings — Banc of California, Inc. Revenue & Financial Results | Market Cap Arena

BANCBanc of California, Inc.

$3B

Q1 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$77M-34.2% YoY

Gross Profit

$39M50.5% margin

Operating Income

-$9M-11.4% margin

Net Income

-$7M-8.6% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

-13.1%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$5M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$7.7B

Total Liabilities

$6.8B

Stockholders' Equity

$835M

Cash & Equivalents

$436M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$77M	$117M	-34.2%
Gross Profit	$39M	$72M	-46.0%
Operating Income	-$9M	$10M	-189.8%
Net Income	-$7M	$7M	-193.7%

Revenue Segments

Products And Services, Deposit Service Fees

$539,00070%

Products And Services, Debit Card Fees

$177,00023%

Products And Services, Other

$49,0006%