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Financial Analysis

Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data

Fundamentals

BANC OF CALIFORNIA, INC. BANC

· Financials · National Commercial Banks

FY2025 10-K, filed 2026-02-27
SEC EDGAR

Filing evidence summary

Mixed evidenceCoverage 3/5 core metrics

Flagged areas: Dilution.

Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.

Evidence signals

  • 2 filing risk checks flagged

    Flagged areas: Dilution.

    Why this surfaced

    The full financial analysis shows each value, threshold, and sector limitation.

  • Revenue expanded

    Latest reported annual revenue changed +4.2% from the prior reported annual observation.

    Why this surfaced

    Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.

  • Free cash flow was positive

    Latest reported free cash flow was $235M.

    Why this surfaced

    Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-12-31.

Core trend metrics

Latest annual revenue growth
+4.2%
as of 2025-12-31
Free cash flow
$235M
as of 2025-12-31
Debt / equity
0.58x
as of 2025-12-31

Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.

Where to look next

Risk checks

2of 2 rule-based checks flagged
  • Dilution

Financial movement

  • Cash→ flat
  • Long-term debt→ flat
  • Inventory→ flat
  • Receivables→ flat
  • Current assets→ flat

Source & freshness

Source
SEC EDGAR XBRL
Fetched
2026-09-06
Latest period end
2025-12-31
Filings
EDGAR ↗

Reported segment mix

figures as filed · share of the filed sum · change vs the prior period in the same filing
Fiscal year ending 2025-12-3110-K filed 2026-02-27prior period 2024-12-31 from the same filingView filing
By product or service
Revenue
  • Noninterest Income$38.8M
    share n/a
    +4.2% yoy
  • Service Charges On Deposit Accounts$19.1M
    share n/a
    +3.0% yoy
  • Other Commissions And Fees$19.1M
    share n/a
    +5.7% yoy
  • Other$560K
    share n/a
    -4.9% yoy
  • Dividends And Gains Losses On Equity Investments$0
    share n/a
    no prior
  • Gain On Sale Of Securities$0
    share n/a
    no prior
  • Gain On Sale Of Loans$0
    share n/a
    no prior
  • Lease Equipment Income$0
    share n/a
    no prior
  • +3 more members in the filing

member sum exceeds the consolidated figure: this axis carries more than one breakdown, so shares are not computed.

Latest quarter
Quarter ending 2026-03-3110-Q filed 2026-05-08prior period 2025-12-31 from the same filingView filing
  • Noninterest Income$10.1M
    share n/a
    no prior
  • Other Commissions And Fees$5.13M
    share n/a
    no prior
  • Service Charges On Deposit Accounts$4.98M
    share n/a
    no prior
  • Other$1K
    share n/a
    no prior
  • Dividends And Gains Losses On Equity Investments$0
    share n/a
    no prior
  • Interest$0
    share n/a
    no prior
  • +3 more members in the filing

Change is against the same quarter a year earlier, as reported in the same 10-Q.

Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.

Peer percentiles

latest fiscal year ending 2025-12-31 · among 4,058 US-listed filers · 868 in Financials
MetricValuevs all filersvs sector
Revenue
latest fiscal-year revenue as filed
$39M
19thof 3,301
bottom third
25thof 540
bottom third
Revenue growth
latest fiscal-year revenue vs the prior fiscal year
4.2%
43rdof 3,137
middle third
38thof 517
middle third
Net margin
net income ÷ revenue
590.2%
99thof 3,263
top third
94thof 533
top third
Free-cash-flow margin
(operating cash flow − |capex|) ÷ revenue
605.2%
99thof 2,679
top third
93rdof 306
top third
Return on equity
net income ÷ stockholders' equity (positive equity only)
6.5%
55thof 3,577
middle third
38thof 773
middle third
Net debt ÷ operating cash flow
net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher
-1.0×
89thof 1,547
top third
77thof 296
top third
Cash conversion
operating cash flow ÷ net income (net income > 0)
1.1×
26thof 1,954
bottom third
42ndof 574
middle third
Cash-flow accrual ratio
(net income − operating cash flow) ÷ average total assets · lower is ranked higher
-0.1%
18thof 2,770
bottom third
32ndof 649
bottom third
Balance-sheet accrual ratio
change in net operating assets ÷ average net operating assets · lower is ranked higher
31.9%
20thof 2,345
bottom third
23rdof 604
bottom third

Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.

Earnings quality

latest fiscal year ending 2025-12-31 · accruals and cash conversion as filed
Cash conversion
1.12×
operating cash flow ÷ net income, latest fiscal year
Cash-flow accrual ratio
-0.1%
(net income − operating cash flow) ÷ average total assets
Balance-sheet accrual ratio
31.9%
change in net operating assets ÷ average net operating assets
Cash-backed years
3 of 5
fiscal years where operating cash flow met or exceeded net income
Mean cash conversion
1.05×
across the stored fiscal years with positive net income

Per fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.

Point-in-time ledger

first-reported vs latest filing · periods since 2020-01-01 · 34 changed periods, 30 largest shown
Line itemPeriodFirst reportedLatest filingChangeFilings
Net income
NetIncomeLoss
quarter 2023-03-31$20.3M
10-Q 2023-05-08
-$1.2B
10-Q 2024-11-08
-5995.2%first · latest · 5 filings carry it
Cash
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
balance at 2023-06-30$284M
10-Q 2023-08-08
$6.7B
10-Q 2024-08-09
+2260.8%first · latest
Cash
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
balance at 2023-09-30$311M
10-Q 2023-11-09
$6.07B
10-Q 2024-11-08
+1851.8%first · latest
Cash
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
balance at 2021-12-31$228M
10-K 2022-03-01
$4.06B
10-K 2025-03-03
+1678.5%first · latest · 10 filings carry it
Goodwill
Goodwill
balance at 2021-12-31$94.3M
10-K 2022-03-01
$1.41B
10-K 2024-02-29
+1390.7%first · latest · 9 filings carry it
Cash
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
balance at 2020-12-31$221M
10-K 2021-02-26
$3.16B
10-K 2024-02-29
+1331.3%first · latest · 10 filings carry it
Net income
NetIncomeLoss
quarter 2023-06-30$17.9M
10-Q 2023-08-08
-$197M
10-Q 2024-11-08
-1204.2%first · latest · 4 filings carry it
Goodwill
Goodwill
balance at 2022-12-31$114M
10-K 2023-02-27
$1.38B
10-K 2025-03-03
+1104.4%first · latest · 6 filings carry it
Cash
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
balance at 2022-12-31$229M
10-K 2023-02-27
$2.24B
10-K 2026-02-27
+878.7%first · latest · 10 filings carry it
Net income
NetIncomeLoss
fiscal year 2021-12-31$62.3M
10-K 2022-03-01
$607M
10-K 2024-02-29
+873.5%first · latest · 3 filings carry it
Interest expense
InterestExpense
quarter 2023-06-30$46.5M
10-Q 2023-08-08
$354M
10-Q 2024-08-09
+660.6%first · latest · 3 filings carry it
Interest expense
InterestExpense
quarter 2023-03-31$33.9M
10-Q 2023-05-08
$239M
10-Q 2024-05-10
+604.3%first · latest · 3 filings carry it
Interest expense
InterestExpense
quarter 2023-09-30$47M
10-Q 2023-11-09
$315M
10-Q 2024-11-08
+570.9%first · latest
Cash
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
balance at 2023-03-31$1.01B
10-Q 2023-05-08
$6.68B
10-Q 2024-05-10
+560.8%first · latest
Capital expenditure
PaymentsToAcquirePropertyPlantAndEquipment
fiscal year 2021-12-31$2.81M
10-K 2022-03-01
$17.3M
10-K 2024-02-29
+514.3%first · latest · 3 filings carry it
Operating cash flow
NetCashProvidedByUsedInOperatingActivities
quarter 2023-03-31$11.1M
10-Q 2023-05-08
-$37M
10-Q 2024-05-10
-434.2%first · latest
Operating cash flow
NetCashProvidedByUsedInOperatingActivities
fiscal year 2022-12-31$136M
10-K 2023-02-27
$702M
10-K 2025-03-03
+415.7%first · latest · 3 filings carry it
Capital expenditure
PaymentsToAcquirePropertyPlantAndEquipment
fiscal year 2022-12-31$4.12M
10-K 2023-02-27
$20.1M
10-K 2025-03-03
+388.7%first · latest · 3 filings carry it
Operating cash flow
NetCashProvidedByUsedInOperatingActivities
fiscal year 2021-12-31$106M
10-K 2022-03-01
$503M
10-K 2024-02-29
+375.7%first · latest · 3 filings carry it
Interest expense
InterestExpense
fiscal year 2022-12-31$58.4M
10-K 2023-02-27
$266M
10-K 2025-03-03
+355.0%first · latest · 3 filings carry it
Total liabilities
Liabilities
balance at 2022-12-31$8.24B
10-K 2023-02-27
$37.3B
10-K 2024-02-29
+352.6%first · latest · 5 filings carry it
Total assets
Assets
balance at 2022-12-31$9.2B
10-K 2023-02-27
$41.2B
10-K 2024-02-29
+348.3%first · latest · 5 filings carry it
Revenue
RevenueFromContractWithCustomerExcludingAssessedTax
fiscal year 2021-12-31$5.96M
10-K 2022-03-01
$24.8M
10-K 2024-02-29
+316.6%first · latest
Stockholders' equity
StockholdersEquity
balance at 2022-12-31$960M
10-K 2023-02-27
$3.95B
10-K 2026-02-27
+311.7%first · latest · 10 filings carry it
Stockholders' equity
StockholdersEquity
balance at 2020-12-31$897M
10-K 2021-02-26
$3.59B
10-K 2024-02-29
+300.7%first · latest · 10 filings carry it
Stockholders' equity
StockholdersEquity
balance at 2021-12-31$1.07B
10-K 2022-03-01
$4B
10-K 2025-03-03
+275.4%first · latest · 10 filings carry it
Capital expenditure
PaymentsToAcquirePropertyPlantAndEquipment
quarter 2023-03-31$2.63M
10-Q 2023-05-08
$9.24M
10-Q 2024-05-10
+251.2%first · latest
Net income
NetIncomeLoss
fiscal year 2022-12-31$121M
10-K 2023-02-27
$424M
10-K 2025-03-03
+250.3%first · latest · 3 filings carry it
Stock-based compensation
ShareBasedCompensation
quarter 2023-03-31$1.46M
10-Q 2023-05-08
$4.98M
10-Q 2024-05-10
+242.5%first · latest
Stockholders' equity
StockholdersEquity
balance at 2023-03-31$959M
10-Q 2023-05-08
$2.77B
10-Q 2024-11-08
+189.0%first · latest · 5 filings carry it

First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.

Notes by disclosure type

Not available for BANC yet: no footnote text blocks on file for this filer in the ingested DERA files.

Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.

Educational content only. Not financial advice. TrendNalysis provides educational and informational financial analysis built from public SEC filings and economic data (FRED, BLS). It is not financial, investment, tax, or legal advice and is not a recommendation to buy or sell any security. Market pricing is not currently included. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before investing.