BANC Q3 2019 Earnings — Banc of California, Inc. Revenue & Financial Results | Market Cap Arena

BANCBanc of California, Inc.

$3B

Q3 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$96M-14.1% YoY

Gross Profit

$24M24.6% margin

Operating Income

-$20M-20.6% margin

Net Income

-$14M-14.7% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

-5.8%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$31M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$8.6B

Total Liabilities

$7.7B

Stockholders' Equity

$901M

Cash & Equivalents

$527M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$96M	$112M	-14.1%
Gross Profit	$24M	$74M	-68.1%
Operating Income	-$20M	$14M	-243.9%
Net Income	-$14M	$11M	-227.4%

Revenue Segments

Products And Services, Deposit Service Fees

$599,00061%

Products And Services, Investment Commissions

$146,00015%

Products And Services, Debit Card Fees

$138,00014%

Products And Services, Other

$93,00010%