BANC Q2 2020 Earnings — Banc of California, Inc. Revenue & Financial Results | Market Cap Arena

BANCBanc of California, Inc.

$3B

Q2 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$78M-23.1% YoY

Gross Profit

$49M62.7% margin

Operating Income

-$24M-30.4% margin

Net Income

-$18M-23.6% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$10M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$7.8B

Total Liabilities

$6.9B

Stockholders' Equity

$847M

Cash & Equivalents

$421M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$78M	$102M	-23.1%
Gross Profit	$49M	$64M	-23.9%
Operating Income	-$24M	$21M	-213.7%
Net Income	-$18M	$17M	-211.3%

Revenue Segments

Products And Services, Deposit Service Fees

$420,00049%

Products And Services, Debit Card Fees

$380,00044%

Products And Services, Other

$59,0007%