BANC OF CALIFORNIA, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.82B | $1.89B | $1.52B | $1.63B | $1.35B | $3.8M | $4.0M | $5.6M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $313.1M | $1.06B | $-987.5M | $833.3M | $877.2M | $80.4M | $170.9M | $183.7M |
| Operating Margin | 17.2% | 55.8% | -64.8% | 51.1% | 64.9% | 2,110.1% | 4,303.3% | 3,278.2% |
| Interest Expense | — | $886.7M | $1.22B | $265.7M | $54.9M | $66.0M | $142.9M | $136.7M |
| Pretax Income | $313.1M | $168.7M | $-2.21B | $567.6M | $822.3M | $14.4M | $28.0M | $47.0M |
| Income Tax Expense | $84.1M | $41.8M | $-312.2M | $144.0M | $215.4M | $1.8M | $4.2M | $4.8M |
| Net Income | $229.0M | $126.9M | $-1.90B | $423.6M | $607.0M | $12.6M | $23.8M | $45.5M |
| Net Margin | 12.6% | 6.7% | -124.7% | 26.0% | 44.9% | 330.1% | 598.2% | 811.4% |
| EPS (Basic) | $1.18 | $0.52 | $-22.71 | $5.14 | $7.76 | — | $0.05 | $0.45 |
| EPS (Diluted) | $1.17 | $0.52 | $-22.71 | $5.14 | $7.76 | — | $0.05 | $0.45 |
| Shares Outstanding (Basic) | 159.8M | 168.4M | 85.4M | 77.3M | 76.9M | — | 50.6M | 50.6M |
| Shares Outstanding (Diluted) | 161.7M | 168.7M | 85.4M | 77.3M | 76.9M | — | 50.7M | 50.9M |
| Dividends Per Share | $0.40 | $0.40 | $0.53 | $0.40 | $0.53 | $0.24 | $0.31 | $0.52 |