BANC Q2 2019 Earnings — Banc of California, Inc. Revenue & Financial Results | Market Cap Arena

BANCBanc of California, Inc.

$3B

Q2 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$102M-9.9% YoY

Gross Profit

$64M63.3% margin

Operating Income

$21M20.5% margin

Net Income

$17M16.3% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

-12.7%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$5M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$9.4B

Total Liabilities

$8.4B

Stockholders' Equity

$964M

Cash & Equivalents

$314M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$102M	$113M	-9.9%
Gross Profit	$64M	$78M	-17.5%
Operating Income	$21M	$16M	+33.6%
Net Income	$17M	$15M	+12.2%

Revenue Segments

Products And Services, Deposit Service Fees

$575,00051%

Products And Services, Investment Commissions

$260,00023%

Products And Services, Debit Card Fees

$178,00016%

Products And Services, Other

$109,00010%