BANC Q4 2024 Earnings — Banc of California, Inc. Revenue & Financial Results | Market Cap Arena

BANCBanc of California, Inc.

$3B

Q4 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$449M-59.2% YoY

Gross Profit

$247M55.0% margin

Operating Income

$70M15.6% margin

Net Income

$57M12.7% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

+5.0%

Cash Flow

Operating Cash Flow

$80M

Free Cash Flow

$76M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$33.5B

Total Liabilities

$30.0B

Stockholders' Equity

$3.5B

Cash & Equivalents

$2.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$449M	$1.1B	-59.2%
Gross Profit	$247M	-$42M	+686.7%
Operating Income	$70M	-$2.3B	+103.0%
Net Income	$57M	-$2.0B	+102.9%

Revenue Segments

Noninterest Income

$18M50%

Service Charges On Deposit Accounts

$9M25%

Other Commissions And Fees

$9M24%

Other

$326,0001%