Banc of California Inc

Common Name

Banc of California

Country

United States

Sector

Financial Services

Industry

Banks - Regional

Employees

1,903

Ticker

BANC

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

bancofcal.com

Description

Banc of California Inc. is a financial institution that provides a comprehensive array of financial services to both personal and business clients. This regional bank, headquartered in Santa Ana, Cali... Show more

Financial Statements of Banc of California

Below are the financial statements of Banc of California, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023	2022
Interest income	—	—	—
Loans and leases	1,501.53^a	1,496.36^a	1,312.58^a
Investment securities	140.79^a	175^a	209.75^a
Deposits in financial institutions	170.38^a	299.65^a	34.16^a
Total interest income	1,812.71^a	1,971^a	1,556.49^a
Interest expense	—	—	—
Deposits	-715.98^a	-748.42^a	-200.45^a
Borrowings	-104.4^a	-416.74^a	-25.65^a
Subordinated debt	-66.27^a	-58.71^a	-39.63^a
Total interest expense	-886.66^a	-1,223.87^a	-265.73^a
Net interest income	926.05^a	747.13^a	1,290.76^a
Provision for credit losses	-42.8^a	-52^a	-24.5^a
Net interest income after provision for credit losses	883.25^a	695.13^a	1,266.26^a
Noninterest income	—	—	—
Leased equipment income	51.11^a	63.17^a	50.59^a
Other commissions and fees	33.26^a	38.09^a	43.64^a
Service charges on deposit accounts	18.58^a	16.47^a	13.99^a
Gain (loss) on sale of loans and leases	0.65^a	-161.35^a	0.52^a
Loss on sale of securities	-60.4^a	-442.41^a	-50.32^a
Dividends and gains (losses) on equity investments	7.98^a	15.73^a	-3.39^a
Warrant income (loss)	0.41^a	-0.72^a	2.49^a
LOCOM HFS adjustment	0.22^a	-8.46^a	0^a
Other income	25.35^a	31.2^a	17.32^a
Total noninterest income (loss)	77.15^a	-448.29^a	74.83^a
Noninterest expense	—	—	—
Compensation	-341.4^a	-332.35^a	-406.84^a
Insurance and assessments	-70.78^a	-135.67^a	-25.49^a
Customer related expense	-129.47^a	-124.1^a	-55.27^a
Occupancy	-67.99^a	-61.67^a	-60.96^a
Information technology and data processing	-60.42^a	-51.81^a	-45.8^a
Leased equipment depreciation	-29.27^a	-34.24^a	-35.66^a
Other professional services	-20.86^a	-24.62^a	-30.28^a
Loan expense	-17.31^a	-20.46^a	-24.57^a
Intangible asset amortization	-33.14^a	-11.42^a	-13.58^a
Acquisition, integration and reorganization costs	-14.18^a	-142.63^a	-5.7^a
Goodwill impairment	0^a	-1,376.74^a	-29^a
Other expense	-35.29^a	-142.47^a	-40.38^a
Total noninterest expense	-791.74^a	-2,458.18^a	-773.52^a
Earnings (loss) before income taxes	168.65^a	-2,211.34^a	567.57^a
Income tax expense (benefit)	-41.77^a	-312.2^a	-143.96^a
Net earnings (loss)	126.89^a	-1,899.14^a	423.61^a
Preferred stock dividends	39.79^a	39.79^a	19.34^a
Net earnings (loss) available to common and equivalent stockholders	87.1^a	-1,938.93^a	404.27^a

Verified Sources Behind Banc of California’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Banc of California’s data sources below and access millions more through our Disclosure Search.

a. Banc of California's 10-K 2024

Trace every data point back to Banc of California’s disclosures

Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.

Real-Time & Standardized Financials

Access Standardized Financial Statements within Minutes of Disclosure

At Tracenable, we're exploring the launch of real-time standardized financial datafeeds and APIs covering global equities. Unlike limited and inconsistent XBRL parsing, our approach aims to deliver clean, comparable, and fully traceable data seconds after publication.

Could this solution support your investment or analytical workflows?

Explore Peer Companies

Welcome Back to Tracenable

Sign in to your account

Banc of California Inc

Financial Statements of Banc of California

Verified Sources Behind Banc of California’s Financial Fundamentals Data

Access Standardized Financial Statements within Minutes of Disclosure

Explore Peer Companies

Axos Financial Inc

FNB Corp

Hancock Whitney Corp

WSFS Financial Corp

Flagstar Financial Inc

Independent Bank Corp (Massachusetts)