Banc of California, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $229.0M | $126.9M | $-1.90B | $423.6M | $607.0M | $12.6M | $23.8M | $45.5M |
| Depreciation & Amortization | $49.3M | $54.6M | $52.7M | $15.3M | $19.3M | $16.3M | $16.4M | $10.9M |
| Depreciation | $14.6M | $15.2M | $12.6M | $12.4M | $11.1M | $10.2M | $10.3M | $10.9M |
| Amortization | $28.3M | $33.1M | $11.4M | $13.6M | $12.7M | $1.5M | $2.2M | $3.0M |
| Stock-Based Compensation | — | — | — | $6.2M | $5.3M | $5.8M | $5.0M | $6.6M |
| Net Cash from Operating Activities | $255.6M | $77.4M | $135.8M | $702.0M | $503.0M | $74.9M | $80.3M | $123.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $20.8M | $13.0M | $15.2M | $20.1M | $17.3M | $5.1M | $10.5M | $9.0M |
| Business Acquisitions | — | — | — | $10.3M | $-475.6M | $0 | — | — |
| Net Cash from Investing Activities | $-1.48B | $1.89B | $12.61B | $-3.57B | $-5.71B | $-266.9M | $2.80B | $-469.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | $68.3M | $48.9M | $120.3M | $119.4M | $11.8M | $15.7M | $32.7M |
| Stock Repurchases | $0 | — | — | $75.1M | $0 | $12.0M | $0 | $0 |
| Net Cash from Financing Activities | $1.03B | $-4.84B | $-9.61B | $1.05B | $6.11B | $39.4M | $-2.89B | $350.6M |
| Net Change in Cash | $-194.2M | $-2.88B | $3.14B | $-1.82B | $896.6M | $-152.7M | $-18.1M | $3.9M |
| Free Cash Flow | $234.8M | $64.3M | $120.5M | $681.8M | $485.7M | $69.8M | $69.8M | $114.0M |