BANC Q2 2018 Earnings — Banc of California, Inc. Revenue & Financial Results | Market Cap Arena

BANCBanc of California, Inc.

$3B

Q2 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$113M+11.8% YoY

Gross Profit

$78M69.2% margin

Operating Income

$16M13.8% margin

Net Income

$15M13.1% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$33M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$10.3B

Total Liabilities

$9.3B

Stockholders' Equity

$989M

Cash & Equivalents

$386M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$113M	$101M	+11.8%
Gross Profit	$78M	$78M	+0.2%
Operating Income	$16M	$2M	+555.5%
Net Income	$15M	$12M	+20.6%

Revenue Segments

Products And Services, Deposit Service Fees

$708,00047%

Products And Services, Investment Commissions

$619,00041%

Products And Services, Debit Card Fees

$177,00012%