BANC Q3 2024 Earnings — Banc of California, Inc. Revenue & Financial Results | Market Cap Arena

BANCBanc of California, Inc.

$3B

Q3 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$427M-12.0% YoY

Gross Profit

$204M47.7% margin

Operating Income

$12M2.7% margin

Net Income

$9M2.1% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-12.4%

Cash Flow

Operating Cash Flow

$47M

Free Cash Flow

$51M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$33.4B

Total Liabilities

$29.9B

Stockholders' Equity

$3.5B

Cash & Equivalents

$2.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$427M	$486M	-12.0%
Gross Profit	$204M	$170M	+19.6%
Operating Income	$12M	-$27M	+143.3%
Net Income	$9M	-$23M	+137.6%

Revenue Segments

Noninterest Income

$9M50%

Service Charges On Deposit Accounts

$5M25%

Other Commissions And Fees

$4M24%

Other

$170,0001%