MARKETS / NYSE / BANC

NYSE · NATIONAL COMMERCIAL BANKS · LARGE CAP

Banc of California, Inc. BANC

17 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$38.8M

▲ 4.2% YoY

Net income

$229.0M

▲ 80.5% YoY

Free cash flow

$234.8M

▲ 265.0% YoY

In brief

What this company does

The Bank is organized into four business groups: Commercial & Community Banking, Specialty Banking, Deposit and Transaction Services, and Payment Solutions. As of December 31, 2025, the Company had total assets of $34.8 billion, total loans and leases held for investment of $25.0 billion, total deposits of $27.8 billion, and total stockholders' equity of $3.5 billion. At December 31, 2025, the company had 1,904 full-time and part-time employees, the overwhelming majority of which were full-time employees. On November 30, 2023, Banc of California, Inc. completed its transformational merger with PacWest Bancorp, with Banc of California, Inc. continuing as the surviving legal corporation.

Written from the business description in Banc of California, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.

Growth

USD 38.8M

Revenue, FY2025 · full 17-year series below

Revenue $B Net income $B

FY2025 · Revenue 0.0 · Net income 0.2

Compound annual growth

Revenue

+8.1%

+59.1%

Net income

−18.5%

+78.7%

+13.9%

+34.0%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +59.1% a year over five years — but profit grew faster: net income at +78.7%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

590 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 807.0% · Net 590.2%

ROE

FY2025 · ROE 6.5%

Gross margin—

Operating margin807.0%

Net margin590.2%

Return on assets0.7%

EBITDAUSD 362.3M

Each USD of equity produced 7 cents of profit this year.

Cash & shareholders

—

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 234.8

Net buybacks $M Dividends $M

FY2025 · Dividends — · Net buybacks 0.0

Dividends paid—

Net buybacksUSD 0.00

Share of profit0.0%

Consecutive raises—

Total assetsUSD 34.8B

EquityUSD 3.5B

CashUSD 2.3B

Gross debtUSD 2.1B

Net debtUSD -244.1M

DepositsUSD 27.8B

The company holds more cash than debt.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	·	·	·	·	·	·	·
Operating income $B	0.3	0.2	−2.2	0.6	0.8	0.0	0.0	0.0	0.0	0.1	0.1	0.0	0.0	0.0	−0.0	0.0	·
EBITDA $B	0.4	0.2	−2.2	0.6	0.9	0.0	0.0	0.1	0.0	0.1	0.1	0.0	0.0	0.0	−0.0	0.0	·
Income tax $B	0.1	0.0	−0.3	0.1	0.2	0.0	0.0	0.0	−0.0	0.0	0.0	−0.0	0.0	0.0	−0.0	0.0	−0.0
Net income $B	0.2	0.1	−1.9	0.4	0.6	0.0	0.0	0.0	0.1	0.1	0.1	0.0	−0.0	0.0	−0.0	0.0	−0.0
Free cash flow $B	0.2	0.1	0.1	0.7	0.5	0.1	0.1	0.1	0.5	−0.0	−0.1	−0.6	−0.5	−0.0	0.0	·	·
EPS, diluted $	1.17	0.52	−22.71	5.14	7.76	·	0.05	0.45	0.71	1.94	1.34	0.90	−0.15	0.40	·	0.37	−0.48
Dividend / sh $	0.40	0.40	0.53	0.40	0.53	0.24	0.31	0.52	0.52	0.49	0.48	0.48	0.48	0.48	0.45	0.25	0.25
Payout %	·	54	−3	28	20	94	66	72	45	19	27	35	−8019	78	−109	61	−156
ROE %	6.5	3.7	−51.7	10.7	16.0	0.6	2.6	4.6	5.8	14.1	10.7	7.3	−0.0	3.2	−1.7	2.4	−1.0
Shares out B	0.15	0.16	0.16	0.08	·	·	·	·	·	·	·	·	0.02	0.01	0.00	0.00	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures · 1 divergences in 47 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 10 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures1 divergent

ActivityNational Commercial Banks

Listed onNYSE

Incorporated inMaryland

Fiscal year endsDecember 31

Data on record since2009