← BANC OF CALIFORNIA, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $95.5m |
$36.1m
-62.16%
|
$22.9m
-36.77%
|
$2.6m
-88.52%
|
— | — | — | ($1.9b) |
$87.1m
+104.49%
|
$189.2m
+117.20%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $115.4m | $57.7m | $45.5m | $23.8m | $12.6m | $62.3m | $120.9m | ($1.9b) | $126.9m | $229.0m | — | |
| Depreciation, Depletion and Amortization | $11.7m | $12.4m | $10.9m | $16.4m | $16.3m | $19.3m | $15.3m | $52.7m | $54.6m | $49.3m | $98.5m | |
| Amortization of Debt Issuance Costs | $704k | $247k | $233k | $247k | $972k | $1.8m | $1.8m | — | — | — | — | |
| Amortization of Intangible Assets | $4.9m | $3.9m | $3.0m | $2.2m | $1.5m | $1.3m | $1.7m | $11.4m | $33.1m | $28.3m | — | |
| Depreciation | $11.7m | $12.4m | $10.9m | $10.3m | $10.2m | $8.7m | $7.7m | $12.6m | $15.2m | $14.6m | $71.7m | |
| Deferred Income Tax Expense (Benefit) | $5.6m | ($30.4m) | ($5.9m) | ($622k) | ($9.3m) | $5.8m | $19.1m | ($349.8m) | ($4.9m) | $35.7m | — | |
| Share-based Payment Arrangement, Noncash Expense | — | $12.1m | $6.6m | $5.0m | $5.8m | $5.3m | $6.2m | — | — | — | $21.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $6.8m | $2.4m | $1.0m | $923k | $7.6m | $1.8m | — | — | — | — | |
| Share-based Payment Arrangement, Expense | $11.9m | $12.1m | $6.6m | $5.0m | $5.8m | $5.3m | $6.2m | — | — | — | $21.3m | |
| Goodwill, Impairment Loss | $0 | — | — | — | — | $0 | $0 | $1.4b | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Finite-lived | $690k | $336k | $0 | $0 | $0 | $0 | $0 | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | $3.8m | — | $0 | $0 | $0 | — | |
| Income (Loss) from Equity Method Investments | — | — | ($5.0m) | ($5.2m) | ($4.9m) | ($4.0m) | ($2.3m) | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | — | $42.8m | $70.6m | — | |
| Increase (Decrease) in Other Operating Assets | $29.1m | — | — | — | — | — | — | $214.6m | ($168.0m) | ($53.5m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $13.7m |
$563.0m
+4016.48%
|
$123.0m
-78.15%
|
$80.3m
-34.75%
|
$74.9m
-6.72%
|
$105.7m
+41.25%
|
$136.1m
+28.73%
|
$135.8m
-0.26%
|
$77.4m
-43.01%
|
$255.6m
+230.34%
|
$388.2m
+51.87%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($122k) | ($1.1m) | $1.7m | ($67k) | ($188k) | ($4k) | — | $571k | ($647k) | ($199k) | $255.7m | |
| Payments to Acquire Property, Plant, and Equipment | $44.7m | $15.3m | $9.0m | $10.5m | $5.1m | $2.8m | $4.1m | $15.2m | $13.0m | $20.8m | ($24.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $0 | $0 | ($1.7m) | $67k | $188k | $4k | $104k | ($571k) | $647k | $199k | $255.7m | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | — | — | $53.1m | $46.1m | $191.2m | $38.5m | $261.0m | $243.6m | $478.7m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | ($4.9m) | $2.0m | $0 | ($7.7m) | — | — | — | — | |
| Debt Securities, Realized Gain (Loss) | — | — | $5.5m | ($4.9m) | $2.0m | $0 | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | ($442.4m) | ($60.4m) | $0 | $256.7m | |
| Gain (Loss) on Sale of Investments | — | — | — | — | — | ($1.7m) | ($518k) | ($442.4m) | ($60.4m) | $0 | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | ($1.1m) | ($7.3m) | $5.6m | ($276k) | ($297k) | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | — | — | — | — | — | $10.3m | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($2.3b) | $151.9m | ($469.7m) | $2.8b | ($266.9m) | ($5.7m) | $149.5m | $12.6b | $1.9b | ($1.5b) | ($493.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $84.8m | $0 | $0 | — | — | — | — | — | — | — | ($780.4m) | |
| Gain (Loss) on Extinguishment of Debt | ($2.7m) | $0 | $0 | — | ($2.5m) | $0 | $0 | — | — | — | — | |
| Proceeds from Issuance of Long-term Debt | $0 | $0 | — | — | — | — | $1.8b | $2.5b | $1.1b | $850.2m | $940.0m | |
| Payments for Repurchase of Common Stock | $0 | — | $0 | $0 | $12.0m | $0 | $75.1m | — | — | $0 | — | |
| Payments of Ordinary Dividends, Common Stock | $21.8m | $25.7m | $32.7m | $15.7m | $11.8m | $12.8m | $14.5m | — | — | $0 | ($107.9m) | |
| Proceeds from Issuance of Common Stock | $175.1m | $0 | $0 | — | — | $0 | $0 | $382.9m | $0 | $0 | ($144k) | |
| Other Interest and Dividend Income | $8.4m | $8.4m | $10.0m | $9.0m | $4.3m | $3.4m | $6.7m | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $2.6b |
($766.7m)
-129.62%
|
$350.6m
+145.73%
|
($2.9b)
-925.27%
|
$39.4m
+101.36%
|
($92.8m)
-335.46%
|
($284.9m)
-207.08%
|
($9.6b)
-3272.53%
|
($4.8b)
+49.58%
|
$1.0b
+121.23%
|
$569.8m
-44.59%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($51.8m) | $3.9m | ($18.1m) | ($152.7m) | $7.3m | $773k | $3.1b | ($2.9b) | ($194.2m) | $2.8b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $373.5m | $220.8m | $228.1m | $228.9m | $5.4b | $2.5b | $2.3b | $2.8b | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | $5.3m | $13.7m | $30.2m | — | — | — | — | ($52.0m) | — | — | $193.8m | |
| Bank Owned Life Insurance Income | $2.3m | $2.3m | $2.2m | $2.3m | $2.5m | $2.9m | $3.4m | — | — | — | — | |
| Gain (Loss) on Sales of Loans, Net | $35.9m | $11.9m | $1.9m | $7.9m | $245k | $275k | ($518k) | — | ($645k) | $115k | — | |
| Proceeds from Stock Options Exercised | $0 | $2.0m | $0 | $0 | $0 | $300k | $0 | $0 | $0 | $77k | — | |
| Parent Company | $21.8m | $25.7m | $32.7m | $15.7m | $11.8m | $12.8m | $14.5m | — | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $130.8m | $151.5m | $66.0m | $36.3m | $53.1m | $1.1b | $1.0b | $715.0m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | $136.0m | $97.3m | ($68.2m) | ($14.4m) | $7.5m | — | |
| Additional Financial Items | ||||||||||||
| Accretion Expense | ($1k) | ($1.3m) | ($612k) | $916k | ($2.9m) | — | $0 | $0 | $105.1m | ($84.8m) | — | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $2.6m | $0 | $0 | $67k | $188k | $4k | $104k | ($571k) | $647k | $199k | — | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | $7.4m | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Mortgage Loans | — | — | — | $0 | — | ($1.7m) | ($518k) | $161.3m | ($645k) | $115k | — | |
| Goodwill | $39.2m | $37.1m | $37.1m | $37.1m | $37.1m | $94.3m | $114.3m | $198.6m | $214.5m | $214.5m | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $53.5m | $42.1m | $23.8m | $12.6m | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | $4.2m | $3.3m | $0 | $0 | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $34.0m | ($26.6m) | $4.8m | $4.2m | $1.8m | $20.3m | $47.9m | ($312.2m) | $41.8m | $84.1m | — | |
| Operating Lease, Lease Income | — | — | — | — | — | $1.3m | $1.8m | $63.2m | $51.1m | $47.7m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Payments of Financing Costs | — | — | — | — | $9.4m | $0 | $0 | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $29.7m | $6.9m | ($31.5m) | $52.0m | $43.5m | $64.8m | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | ($442.4m) | ($60.4m) | $0 | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | — | — | — | $9.1m | — | — | — | — | |
| Sales-type Lease, Selling Profit (Loss) | — | — | — | — | — | $841k | $771k | — | — | — | — | |
| Stock or Unit Option Plan Expense | $531k | — | — | — | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | ($9.0m) | ($200k) | $295k | $216k | $5.6m | ($276k) | ($297k) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.