BANC Q1 2022 Earnings — Banc of California, Inc. Revenue & Financial Results | Market Cap Arena

BANCBanc of California, Inc.

$3B

Q1 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$90M+23.5% YoY

Gross Profit

$114M126.8% margin

Operating Income

$67M74.6% margin

Net Income

$49M53.8% margin

EPS (Diluted)

$0.69

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$5M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$9.6B

Total Liabilities

$8.6B

Stockholders' Equity

$979M

Cash & Equivalents

$254M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$90M	$73M	+23.5%
Gross Profit	$114M	$64M	+80.0%
Operating Income	$67M	$17M	+303.7%
Net Income	$49M	$14M	+237.5%

Revenue Segments

Products and Services, Deposit Service Fees

$2M73%

Products and Services, Debit Card Fees

$453,00020%

Products and Services, Other

$159,0007%