BANC Q3 2022 Earnings — Banc of California, Inc. Revenue & Financial Results | Market Cap Arena

BANCBanc of California, Inc.

$3B

Q3 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$102M+31.5% YoY

Gross Profit

$85M83.7% margin

Operating Income

$34M33.6% margin

Net Income

$24M23.8% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$34M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$9.4B

Total Liabilities

$8.4B

Stockholders' Equity

$952M

Cash & Equivalents

$256M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$102M	$77M	+31.5%
Gross Profit	$85M	$70M	+22.1%
Operating Income	$34M	$32M	+7.2%
Net Income	$24M	$23M	+4.4%

Revenue Segments

Products and Services, Deposit Service Fees

$1M68%

Products and Services, Debit Card Fees

$472,00021%

Products and Services, Other

$240,00011%