BANC Q3 2021 Earnings — Banc of California, Inc. Revenue & Financial Results | Market Cap Arena

BANCBanc of California, Inc.

$3B

Q3 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$77M+5.0% YoY

Gross Profit

$70M90.1% margin

Operating Income

$32M41.2% margin

Net Income

$23M30.0% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

+5.7%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$11M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$8.3B

Total Liabilities

$7.4B

Stockholders' Equity

$845M

Cash & Equivalents

$186M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$77M	$74M	+5.0%
Gross Profit	$70M	$59M	+18.6%
Operating Income	$32M	$18M	+74.2%
Net Income	$23M	$16M	+45.6%

Revenue Segments

Products and Services, Deposit Service Fees

$913,00060%

Products and Services, Debit Card Fees

$451,00030%

Products and Services, Other

$146,00010%