BANC OF CALIFORNIA, INC.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), BANC OF CALIFORNIA, INC. reported net income of $229.0M (+80.5% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Loans and leases | $1.4B | $1.5B | $1.5B | $327.5M |
| Investment securities | $153.3M | $140.8M | $175.0M | — |
| Deposits in financial institutions | $82.9M | $170.4M | $299.6M | — |
| Total interest income | $1.7B | $1.8B | $2.0B | $372.8M |
| Deposits | $558.4M | $716.0M | $748.4M | $27.8M |
| Borrowings | $78.8M | $104.4M | $416.7M | $15.2M |
| Subordinated debt | $62.1M | $66.3M | $58.7M | — |
| Total interest expense | $699.3M | $886.7M | $1.2B | $58.4M |
| Net interest income | $977.4M | $926.0M | $747.1M | $314.4M |
| Provision for credit losses | $70.6M | $42.8M | $52.0M | — |
| Net interest income after provision for credit losses | $906.8M | $883.2M | $695.1M | $345.9M |
| Other commissions and fees | $38.6M | $33.3M | $38.1M | — |
| Leased equipment income | $47.7M | $51.1M | $63.2M | — |
| Service charges on deposit accounts | $19.1M | $18.6M | $16.5M | — |
| (Loss) gain on sale of loans and leases | ($115.0K) | $645.0K | ($161.3M) | — |
| Loss on sale of securities | $0 | ($60.4M) | ($442.4M) | — |
| Dividends and gains on equity investments | $8.0M | $8.0M | $15.7M | — |
| Warrant income (loss) | $1.7M | $408.0K | ($718.0K) | — |
| LOCOM HFS Adjustment | ($9.0K) | $215.0K | ($8.5M) | — |
| Other income | $27.0M | $25.3M | $31.2M | $10.6M |
| Total noninterest income (loss) | $142.1M | $77.1M | ($448.3M) | $17.4M |
| Compensation | $349.5M | $341.4M | $332.4M | $113.1M |
| Occupancy | $60.6M | $68.0M | $61.7M | $32.8M |
| Leased equipment depreciation | $26.4M | $29.3M | $34.2M | — |
| Insurance and assessments | $32.8M | $70.8M | $135.7M | — |
| Other professional services | $23.1M | $20.9M | $24.6M | $15.0M |
| Customer related expense | $105.4M | $129.5M | $124.1M | — |
| Intangible asset amortization | $28.3M | $33.1M | $11.4M | $1.7M |
| Loan expense | $16.4M | $17.3M | $20.5M | — |
| Acquisition, integration and reorganization costs | $0 | ($14.2M) | $142.6M | $2.1M |
| Goodwill impairment | $0 | $0 | $1.4B | — |
| Other expense | $38.0M | $35.3M | $150.0M | $17.7M |
| Total noninterest expense | $735.9M | $791.7M | $2.5B | $194.4M |
| Earnings (loss) before income taxes | $313.1M | $168.7M | ($2.2B) | $168.9M |
| Income tax expense (benefit) | ($84.1M) | ($41.8M) | $312.2M | $47.9M |
| Net earnings (loss) | $229.0M | $126.9M | ($1.9B) | $120.9M |
| Basic income per share (usd per share) | $1.18 | $0.52 | -$22.71 | $3.80 |
| Diluted income per share (usd per share) | $1.17 | $0.52 | -$22.71 | $3.79 |
| Preferred Stock Dividends, Income Statement Impact | $39.8M | $39.8M | $39.8M | $1.4M |
| Net Income (Loss) Available to Common Stockholders, Diluted | $189.2M | $87.1M | ($1.9B) | — |
| Net Income (Loss) Available to Common Stockholders, Basic | $189.2M | $87.1M | ($1.9B) | — |
| Information Technology and Data Processing | $55.5M | $60.4M | $44.3M | $7.1M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Loans and leases | $354.8M | $349.9M | $372.7M | $362.3M |
| Investment securities | $42.4M | $41.9M | $38.3M | $37.6M |
| Deposits in financial institutions | $17.4M | $15.6M | $21.5M | $20.6M |
| Total interest income | $414.6M | $407.4M | $432.5M | $420.5M |
| Deposits | $124.3M | $120.2M | $143.1M | $144.9M |
| Borrowings | $26.6M | $20.2M | $20.5M | $20.0M |
| Subordinated debt | $13.3M | $15.4M | $15.6M | $15.3M |
| Total interest expense | $164.1M | $155.8M | $179.1M | $180.3M |
| Net interest income | $250.5M | $251.6M | $253.4M | $240.2M |
| Provision for credit losses | $161.8M | $9.8M | $9.7M | $39.1M |
| Net interest income after provision for credit losses | $88.7M | $241.8M | $243.7M | $201.1M |
| Leased equipment income | $7.8M | $8.5M | $10.3M | $10.2M |
| Commissions and fees | $9.0M | $11.0M | $9.5M | $9.6M |
| Service charges on deposit accounts | $4.8M | $5.0M | $5.1M | $4.5M |
| (Loss) gain on loans and leases HFS | ($12.5M) | — | — | — |
| Loss on securities AFS | ($256.7M) | — | — | — |
| Dividends and gains (losses) on equity investments | $3.3M | $2.0M | $2.3M | ($114.0K) |
| Warrant income | $896.0K | $938.0K | $433.0K | — |
| Other income | $9.4M | $7.9M | $7.0M | $7.2M |
| Total noninterest (loss) income | ($234.1M) | $35.3M | $34.3M | $32.6M |
| Compensation | $85.1M | $91.1M | $88.9M | $88.4M |
| Customer related expense | $24.1M | $23.7M | $26.2M | $26.6M |
| Occupancy | $14.7M | $14.9M | $15.4M | $15.5M |
| Information technology and data processing | $13.8M | $14.3M | $13.5M | $13.1M |
| Insurance and assessments | $14.5M | $6.8M | $9.0M | $9.4M |
| Intangible asset amortization | $6.3M | $6.3M | $7.2M | $7.2M |
| Leased equipment depreciation | $5.2M | $5.3M | $6.8M | $6.7M |
| Other professional services | $5.6M | $4.2M | $5.4M | $6.4M |
| Loan expense | $5.2M | $4.3M | $4.9M | $4.0M |
| Other expense | $15.4M | $10.4M | $8.4M | $8.7M |
| Total noninterest expense | $189.9M | $181.4M | $185.7M | $185.9M |
| (Loss) earnings before income taxes | ($335.2M) | $95.8M | $92.3M | $47.9M |
| Income tax (benefit) expense | ($93.9M) | $23.8M | $22.7M | $19.5M |
| Net (loss) earnings | ($241.3M) | $72.0M | $69.6M | $28.4M |
| Preferred stock dividends | $9.9M | $9.9M | $9.9M | $9.9M |
| Net (loss) earnings available to common and equivalent stockholders, basic | ($251.3M) | $62.0M | $59.7M | $18.4M |
| Net (loss) earnings available to common and equivalent stockholders, diluted | ($251.3M) | $62.0M | $59.7M | $18.4M |
| Basic (usd per share) | -$1.61 | $0.40 | $0.38 | $0.12 |
| Diluted (usd per share) | -$1.61 | $0.39 | $0.38 | $0.12 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and due from banks | $181.1M | $192.0M | $202.4M | $47.4M |
| Interest-earning deposits in financial institutions | $2.1B | $2.3B | $5.2B | $181.5M |
| Total cash, cash equivalents, and restricted cash | $2.3B | $2.5B | $5.4B | — |
| (amortized cost of $2,646,414 and $2,526,644, respectively)(ACL of $775 and $—, respectively) | $2.5B | $2.2B | $2.3B | — |
| Debt Securities, Held-to-Maturity, Excluding Accrued Interest, after Allowance for Credit Loss | $2.3B | $2.3B | $2.3B | $328.6M |
| FRB and FHLB stock, at cost | $160.4M | $147.8M | $126.3M | — |
| Total investment securities | $4.9B | $4.7B | $4.8B | — |
| Loans held for sale | $182.9M | $26.3M | $122.8M | — |
| Loans and leases held for investment | $25.0B | $23.8B | — | $7.1B |
| Allowance for loan and lease losses | $245.6M | $239.4M | ($281.7M) | ($86.0M) |
| Loans and leases held for investment, net | $24.8B | $23.5B | — | $7.0B |
| Equipment leased to others under operating leases | $238.2M | $307.2M | $344.3M | — |
| Premises and equipment, net | $146.7M | $142.5M | $146.8M | $107.3M |
| Bank owned life insurance | $350.1M | $339.5M | $339.6M | $127.1M |
| Deferred tax asset, net | $656.8M | $720.6M | $739.1M | — |
| Goodwill | $214.5M | $214.5M | $198.6M | $114.3M |
| Intangible assets, net | $105.3M | $132.9M | $165.5M | — |
| Other assets | $884.8M | $914.0M | $1.1B | $278.2M |
| Total assets | $34.8B | $33.5B | $38.5B | $9.2B |
| Noninterest-bearing deposits | $7.8B | $7.7B | $7.8B | $2.8B |
| Interest-bearing deposits | $20.0B | $19.5B | $22.6B | $4.3B |
| Total deposits | $27.8B | $27.2B | $30.4B | $7.1B |
| Borrowings (including $113,634 and $118,838 at fair value, respectively) | $2.1B | $1.4B | $2.9B | — |
| Subordinated debt | $952.7M | $941.9M | $936.6M | — |
| Accrued interest payable and other liabilities | $396.2M | $517.3M | $893.6M | $114.2M |
| Total liabilities | $31.3B | $30.0B | $35.1B | $8.2B |
| Preferred Stock, Value, Issued | $498.5M | $498.5M | $498.5M | $0 |
| Common Stock, Shares, Outstanding | 150.0M | 158.3M | 156.8M | — |
| Common stock ($0.01 par value, 150,039,018 shares issued and 149,963,520 outstanding at December 31, 2025 ; 158,557,35 shares issued and 158,346,529 outstanding at December 31, 2024) | 1.6M | 1.7M | 1.7M | 656.0K |
| Additional paid-in capital | $3.6B | $3.8B | $3.8B | $866.5M |
| Retained deficit | ($242.0M) | ($431.2M) | ($518.3M) | $249.0M |
| Accumulated other comprehensive loss, net | ($269.3M) | ($354.8M) | ($432.1M) | ($40.6M) |
| Total stockholders' equity | $3.5B | $3.5B | $3.4B | $959.6M |
| Total liabilities and stockholders' equity | $34.8B | $33.5B | $38.5B | $9.2B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and due from banks | $225.3M | $214.1M | $205.4M | $222.2M |
| Interest-earning deposits in financial institutions | $2.6B | $2.0B | $2.2B | $2.1B |
| Total cash, cash equivalents, and restricted cash | $2.8B | $2.2B | $2.4B | $2.4B |
| Securities AFS, at fair value, net of allowance for credit losses (amortized cost of $0 and $2,646,414, respectively)(ACL of $— and $775, respectively) | $4.5B | $2.7B | $2.4B | $2.2B |
| Securities HTM, at amortized cost, net of allowance for credit losses (fair value of $0 and $2,246,526, respectively)(ACL of $0 and $695, respectively) | $0 | — | — | — |
| FRB and FHLB stock, at cost | $181.4M | $170.3M | $159.3M | $162.2M |
| Total investment securities | $4.7B | $5.1B | $4.9B | $4.7B |
| Loans HFS | $915.2M | $259.0M | $211.5M | $465.6M |
| Loans and leases HFI | $24.2B | $24.8B | — | — |
| Allowance for loan and lease losses | ($243.3M) | ($241.6M) | ($240.5M) | ($229.3M) |
| Total loans and leases HFI, net | $24.0B | $24.5B | $23.9B | $24.0B |
| Equipment leased to others under operating leases | $218.4M | $223.6M | $280.9M | $288.7M |
| Premises and equipment, net | $145.4M | $146.3M | $132.8M | $138.0M |
| Bank owned life insurance | $348.8M | $352.7M | $348.1M | $346.1M |
| Goodwill | $214.5M | $214.5M | $214.5M | $214.5M |
| Intangible assets, net | $92.7M | $99.1M | $111.9M | $118.9M |
| Deferred tax asset, net | $704.5M | $653.5M | $672.2M | $691.5M |
| Other assets | $940.5M | $879.3M | $883.1M | $891.8M |
| Total assets | $35.0B | $34.7B | $34.0B | $34.3B |
| Noninterest-bearing deposits | $7.8B | $7.8B | $7.6B | $7.4B |
| Interest-bearing deposits | $20.4B | $19.5B | $19.6B | $20.1B |
| Total deposits | $28.1B | $27.3B | $27.2B | $27.5B |
| Borrowings (including $110,363 and $113,634 at fair value, respectively) | $2.5B | $2.6B | $2.0B | $1.9B |
| Subordinated debt | $573.6M | $954.1M | $950.9M | $949.2M |
| Accrued interest payable and other liabilities | $465.7M | $343.5M | $405.6M | $428.8M |
| Total liabilities | $31.6B | $31.2B | $30.5B | $30.8B |
| Preferred stock | $498.5M | $498.5M | $498.5M | $498.5M |
| Common stock ($0.01 par value, shares issued and outstanding at June 30, 2026; 150,039,018 shares issued and 149,963,520 outstanding at December 31, 2025) | 1.6M | 1.5M | 1.5M | 1.5M |
| Non-voting common stock equivalents ($0.01 par value, — shares issued at June 30, 2026 and 5,017,064 shares issued at December 31, 2025) | 0 | 0 | 41.0K | — |
| Additional paid-in capital | $3.5B | $3.5B | $3.6B | $3.6B |
| Retained deficit | ($431.3M) | ($180.0M) | ($309.5M) | ($369.1M) |
| Accumulated other comprehensive loss, net | ($144.2M) | ($267.9M) | ($287.0M) | ($313.2M) |
| Total stockholders' equity | $3.4B | $3.6B | $3.5B | $3.4B |
| Total liabilities and stockholders' equity | $35.0B | $34.7B | $34.0B | $34.3B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net earnings (loss) | $229.0M | $126.9M | ($1.9B) | — |
| Goodwill impairment | $0 | $0 | $1.4B | — |
| Depreciation and amortization | $49.3M | $54.6M | $52.7M | — |
| Amortization of net premiums on investment securities | $19.7M | $23.8M | $37.5M | $402.0K |
| Accretion Expense | ($84.8M) | ($105.1M) | — | — |
| Intangible asset amortization | $28.3M | $33.1M | $11.4M | $1.7M |
| Amortization of operating lease ROU assets | $23.5M | $33.7M | $27.2M | — |
| Provision for credit losses | $70.6M | $42.8M | $52.0M | — |
| Gain on sale of foreclosed assets, net | ($203.0K) | ($819.0K) | ($586.0K) | — |
| Provision for losses on foreclosed assets | $773.0K | $1.9M | $2.0M | — |
| Loss (gain) on sale of loans and leases, net | $115.0K | ($645.0K) | $161.3M | — |
| Loss (gain) on disposal of premises and equipment | $199.0K | $647.0K | ($571.0K) | — |
| Loss on sale of securities, net | $0 | $60.4M | $442.4M | — |
| Gain on BOLI death benefits | $0 | ($1.1M) | ($416.0K) | — |
| Unrealized (gain) loss on derivatives, foreign currencies, and credit-linked notes, net | ($297.0K) | ($276.0K) | $5.6M | — |
| LOCOM HFS Adjustment | $9.0K | ($215.0K) | $8.5M | — |
| Earned stock compensation | $23.4M | $15.4M | $28.7M | $6.2M |
| Decrease (increase) in other assets | $53.5M | $168.0M | ($214.6M) | — |
| (Decrease) increase in accrued interest payable and other liabilities | ($157.4M) | ($375.7M) | $45.0M | ($10.7M) |
| Net cash provided by operating activities | $255.6M | $77.4M | $135.8M | $136.1M |
| Cash acquired in acquisitions, net of cash consideration paid | $0 | $0 | $335.3M | — |
| Net (increase) decrease in loans and leases | ($1.7B) | ($662.4M) | $464.1M | — |
| Proceeds from sales of loans and leases | $261.9M | $2.5B | $8.5B | — |
| Proceeds from maturities and paydowns of securities available-for-sale | $478.7M | $243.6M | $261.0M | — |
| Proceeds from sales of securities available-for-sale | $0 | $693.3M | $3.0B | $128.8M |
| Purchases of securities available-for-sale | ($605.4M) | ($835.9M) | ($13.4M) | ($162.7M) |
| Proceeds from maturities and paydowns of securities held-to-maturity | $19.5M | $1.4M | $1.4M | — |
| Purchases of FHLB and FRB stock | ($17.4M) | ($23.4M) | — | — |
| Redemptions of FHLB and FRB stock | $4.7M | $2.0M | — | — |
| Proceeds from sales of foreclosed assets | $14.7M | $16.9M | $17.1M | — |
| Purchases of premises and equipment, net | ($20.8M) | ($13.0M) | ($15.2M) | ($4.1M) |
| Proceeds from sales of premises and equipment | $0 | $190.0K | $9.0M | — |
| Proceeds from BOLI death benefits | $2.1M | $5.1M | $3.9M | — |
| Net decrease in equipment leased to others under operating leases | $42.6M | $7.9M | $25.7M | — |
| Net cash (used in) provided by investing activities | ($1.5B) | $1.9B | $12.6B | $149.5M |
| Net (decrease) increase in noninterest-bearing deposits | $102.9M | ($54.3M) | ($5.7B) | — |
| Net (decrease) increase in interest-bearing deposits | $548.6M | ($3.2B) | ($4.4B) | — |
| Net increase (decrease) in borrowings | ($178.3M) | ($2.6B) | $185.8M | — |
| Net proceeds from stock issuance | $0 | $0 | $382.9M | — |
| Payments for Repurchase of Common Stock | $0 | — | — | ($75.1M) |
| Proceeds from Issuance of Common Stock, Dividend Reinvestment Plan | $0 | $308.0K | $69.0K | — |
| Proceeds from Stock Options Exercised | $77.0K | — | — | $0 |
| Restricted stock surrendered | ($3.7M) | ($2.7M) | ($5.4M) | — |
| Preferred stock dividends paid | ($39.8M) | ($39.8M) | ($39.8M) | ($1.7M) |
| Common stock dividends paid | ($63.9M) | ($68.3M) | ($48.9M) | ($14.5M) |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net (loss) earnings | ($169.4M) | $72.0M | $151.6M | $82.0M |
| Depreciation and amortization | $24.4M | $10.9M | $37.5M | $25.4M |
| Amortization of net premiums on investment securities | $9.1M | $4.5M | $15.0M | $10.0M |
| Accretion of net purchased loan discounts and deferred loan fees | ($31.6M) | ($16.5M) | ($67.2M) | ($42.9M) |
| Amortization of intangible assets | $12.9M | $6.3M | $21.5M | $14.3M |
| Amortization of operating lease ROU assets | $11.7M | $5.7M | $17.7M | $11.8M |
| Provision for credit losses | $171.6M | $9.8M | $58.1M | $48.4M |
| Loss (gain) on sale of foreclosed assets | $184.0K | $28.0K | ($92.0K) | ($115.0K) |
| Provision for losses on foreclosed assets | $50.0K | $44.0K | $756.0K | $633.0K |
| Gain on sale of loans and leases | ($13.0K) | ($7.0K) | — | ($241.0K) |
| Loss on sale of premises and equipment | $1.0K | $1.0K | $0 | $0 |
| Loss on securities AFS | $256.7M | — | $0 | — |
| Unrealized (gain) loss on derivatives, foreign currencies, and credit-linked notes, net | ($1.0M) | ($362.0K) | $217.0K | — |
| LOCOM HFS adjustment | $12.5M | ($3.0K) | $9.0K | $9.0K |
| Earned stock compensation | $9.8M | $5.6M | $18.0M | $11.9M |
| (Increase) decrease in other assets | ($160.8M) | $4.9M | $38.4M | $28.6M |
| Increase (decrease) in accrued interest payable and other liabilities | $64.2M | ($54.0M) | ($138.2M) | ($112.2M) |
| Net cash provided by operating activities | $210.4M | $49.0M | $153.5M | $77.8M |
| Net increase in loans and leases | ($216.4M) | $175.0M | ($744.8M) | ($949.0M) |
| Proceeds from sales of loans and leases | $146.5M | $740.0K | $242.8M | $32.4M |
| Proceeds from maturities and paydowns of securities AFS | $264.2M | $130.6M | $330.8M | $209.7M |
| Proceeds from sales of securities AFS | $2.2B | — | $0 | — |
| Purchases of securities AFS | ($2.3B) | ($343.4M) | ($444.5M) | ($166.9M) |
| Proceeds from maturities and paydowns of securities HTM | $748.0K | $452.0K | $19.1M | — |
| Purchases of FHLB and FRB stock | ($26.6M) | ($9.9M) | ($16.3M) | ($16.3M) |
| Redemptions of FHLB and FRB stock | $5.7M | — | $4.7M | $1.8M |
| Proceeds from sales of foreclosed assets | $2.7M | $689.0K | $11.0M | $7.1M |
| Purchases of premises and equipment | ($6.0M) | ($3.4M) | ($3.0M) | ($2.8M) |
| Proceeds from BOLI death benefit | $8.0M | $583.0K | $1.3M | $0 |
| Net decrease in equipment leased to others under operating leases | $9.3M | $9.4M | $6.1M | — |
| Net cash provided by (used in) investing activities | $106.4M | ($39.2M) | ($592.8M) | ($878.3M) |
| Net decrease in noninterest-bearing deposits | ($64.7M) | ($25.2M) | ($116.2M) | — |
| Net increase in interest-bearing deposits | $342.5M | ($496.0M) | $109.0M | — |
| Repayments of borrowings | ($393.3M) | ($2.4M) | ($177.0M) | ($176.2M) |
| Proceeds from borrowings | $789.8M | $489.8M | $790.0M | $700.0M |
| Redemption of subordinated debt | ($385.0M) | — | — | — |
| Common shares repurchased under Stock Repurchase Program | -32.2M | -32.3M | -187.7M | -151.8M |
| Common shares purchased under Dividend Reinvestment Plan | 0 | 0 | 214.0K | 144.0K |
| Restricted stock surrendered | ($6.2M) | ($5.6M) | ($3.6M) | ($3.4M) |
| Preferred stock dividends paid | ($19.9M) | ($9.9M) | ($29.8M) | ($19.9M) |
| Common stock dividends paid | ($37.8M) | ($18.8M) | ($49.7M) | ($33.6M) |
| Net cash provided by financing activities | $193.3M | ($100.5M) | $335.3M | $651.8M |
| Net decrease in cash, cash equivalents, and restricted cash | $510.1M | ($90.7M) | ($103.9M) | ($148.7M) |
| Cash, cash equivalents, and restricted cash, beginning of period | $2.3B | $2.3B | $2.5B | $2.5B |
| Cash, cash equivalents, and restricted cash, end of period | $2.8B | $2.2B | $2.4B | $2.4B |
BANC OF CALIFORNIA, INC. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.