← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $325.5m |
$304.2m
-6.54%
|
$23.9m
-92.14%
|
$12.1m
-49.34%
|
$18.5m
+52.84%
|
$6.0m
-67.79%
|
$1.6b
+27252.72%
|
$1.5b
-6.66%
|
$1.9b
+24.11%
|
$1.8b
-3.76%
|
$863.3m
-52.53%
|
|
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | — | — | — | $9.1m | — | — | — | — | |
| Noninterest income: | ||||||||||||
| Interest Income (Expense), Net | $325.5m |
$304.2m
-6.54%
|
$286.1m
-5.95%
|
$248.2m
-13.25%
|
$224.6m
-9.50%
|
$253.8m
+12.99%
|
$314.4m
+23.87%
|
$747.1m
+137.66%
|
$926.0m
+23.95%
|
$977.4m
+5.54%
|
$1.7b
+71.02%
|
|
| Labor and Related Expense | $257.9m | $129.2m | $110.0m | $105.9m | $96.8m | $103.4m | $113.1m | $332.4m | $341.4m | $349.5m | — | |
| Amortization of Intangible Assets | $4.9m | $3.9m | $3.0m | $2.2m | $1.5m | $1.3m | $1.7m | $11.4m | $33.1m | $28.3m | — | |
| Operating Lease, Lease Income | — | — | — | — | — | $1.3m | $1.8m | $63.2m | $51.1m | $47.7m | — | |
| Noninterest expense: | ||||||||||||
| Interest expense: | ||||||||||||
| Interest Expense, Securities Sold under Agreements to Repurchase | $818k | $880k | $1.0m | $62k | $4k | $0 | — | — | — | — | $664.6m | |
| Total interest expense | $59.5m | $85.0m | $136.7m | $142.9m | $66.0m | $37.9m | $58.4m | $1.2b | $886.7m | $699.3m | — | |
| Interest income: | ||||||||||||
| Debt Securities, Realized Gain (Loss) | — | — | $5.5m | ($4.9m) | $2.0m | $0 | — | — | — | — | — | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | $7.4m | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | ($442.4m) | ($60.4m) | $0 | — | |
| Income (Loss) from Equity Method Investments | — | — | ($5.0m) | ($5.2m) | ($4.9m) | ($4.0m) | ($2.3m) | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $149.4m | $26.9m | $47.0m | $28.0m | $14.4m | $82.6m | $168.9m | ($2.2b) | $168.7m | $313.1m | ($47.4m) | |
| Current Income Tax Expense (Benefit) | $28.4m | $3.8m | $10.8m | $4.8m | $11.0m | $14.4m | $28.9m | $37.6m | $46.7m | $48.4m | ($25.0m) | |
| Income Tax Expense (Benefit) | $34.0m | ($26.6m) | $4.8m | $4.2m | $1.8m | $20.3m | $47.9m | ($312.2m) | $41.8m | $84.1m | ($25.0m) | |
| Net Income (Loss) Attributable to Parent | $115.4m |
$57.7m
-50.00%
|
$45.5m
-21.20%
|
$23.8m
-47.75%
|
$12.6m
-47.08%
|
$62.3m
+395.83%
|
$120.9m
+93.98%
|
($1.9b)
-1670.33%
|
$126.9m
+106.68%
|
$229.0m
+80.45%
|
($62.2m)
-127.15%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $95.5m |
$36.1m
-62.16%
|
$22.9m
-36.77%
|
$2.6m
-88.52%
|
— | $607.0m |
$404.3m
-33.39%
|
($1.9b)
-579.61%
|
$87.1m
+104.49%
|
$189.2m
+117.20%
|
($62.2m)
-132.86%
|
|
| Preferred Stock Dividends, Income Statement Impact | $19.9m | $20.5m | $19.5m | $15.6m | $13.9m | $8.3m | $1.4m | $39.8m | $39.8m | $39.8m | $39.8m | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $2.3m | $311k | $0 | $0 | — | $114k | $0 | — | — | — | — | |
| Earnings Per Share, Basic | $1.97 | $0.72 | $0.45 | $0.05 | ($0.04) | $1.90 | $3.80 | ($22.71) | $0.52 | $1.18 | ($0.42) | |
| Earnings Per Share, Diluted | $1.94 | $0.71 | $0.45 | $0.05 | ($0.04) | $1.90 | $3.79 | ($22.71) | $0.52 | $1.17 | ($0.43) | |
| Income (Loss) from Continuing Operations, Per Basic Share | $2 | $1 | $0 | $0 | ($0) | $2 | — | — | $1 | $1 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $2 | $1 | $0 | $0 | ($0) | $2 | — | — | $1 | $1 | — | |
| Common Stock, Dividends, Per Share, Declared | $0.49 | $0.52 | $0.52 | $0.31 | $0.24 | $0.24 | $0.24 | $2.06 | $1.52 | $0.40 | — | |
| Preferred Stock, Dividends Per Share, Declared | — | — | — | — | — | — | — | $1.92 | $1.94 | $1.94 | $39,788,000.00 | |
| Weighted Average Number of Shares Outstanding, Basic | 46.8m | 50.3m | 50.6m | 50.6m | — | — | — | 85.4m | 168.4m | 159.8m | 155.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 47.6m | 50.8m | 50.9m | 50.7m | — | — | — | 85.4m | 168.7m | 161.7m | 157.5m | |
| Additional Financial Items | ||||||||||||
| Other Interest and Dividend Income | $8.4m | $8.4m | $10.0m | $9.0m | $4.3m | $3.4m | $6.7m | — | — | — | — | |
| Bank Owned Life Insurance Income | $2.3m | $2.3m | $2.2m | $2.3m | $2.5m | $2.9m | $3.4m | — | — | — | — | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | $15.9m | $2.1m | $142.6m | ($14.2m) | $0 | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | — | $42.8m | $70.6m | — | |
| Goodwill, Impairment Loss | $0 | — | — | — | — | $0 | $0 | $1.4b | $0 | $0 | $0 | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | ($442.4m) | ($60.4m) | $0 | — | |
| Reclassification from AOCI, Current Period, before Tax, Attributable to Parent | — | $14.8m | — | — | — | — | — | — | — | — | — | |
| Sales-type Lease, Selling Profit (Loss) | — | — | — | — | — | $841k | $771k | — | — | — | — | |
| 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 | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.