BANC Q4 2023 Earnings — Banc of California, Inc. Revenue & Financial Results | Market Cap Arena

BANCBanc of California, Inc.

$3B

Q4 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.1B+970.6% YoY

Gross Profit

-$42M-3.8% margin

Operating Income

-$2.3B-211.3% margin

Net Income

-$2.0B-180.1% margin

EPS (Diluted)

$-4.55

QoQ Revenue Growth

+126.4%

Cash Flow

Operating Cash Flow

$82M

Free Cash Flow

$78M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$38.5B

Total Liabilities

$35.1B

Stockholders' Equity

$3.4B

Cash & Equivalents

$5.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$103M	+970.6%
Gross Profit	-$42M	$79M	-153.4%
Operating Income	-$2.3B	$31M	-7693.0%
Net Income	-$2.0B	$22M	-9300.6%