Banc of California, Inc. (BANC)

From the record

Banc of California, Inc.'s filings since 2017 show 4 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2017-03-08); an auditor change (8-K item 4.01, 3 times, the latest 2024-05-20) (its current reports).

From the record

Banc of California, Inc.'s 10 filed years say what it did: revenue went from $370 million in fiscal 2016 to $1.7 billion in fiscal 2025, up 18.3% a year; it rose in 5 of 9 years; the deepest fall was 31% from fiscal 2018 to fiscal 2020; net income was positive in 9 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Banc of California, Inc.'s diluted share count grew about 27.9% a year, and dividends and buybacks returned about 25% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 13 sales and 2 purchases of their own stock on the open market in the year to 2026-11-02, buying about $395 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Banc of California, Inc. earned about 6 cents of profit for every dollar of shareholders' money. Leverage: it owed about 90 cents per dollar of assets, and net share issuance: its share count shrank 4.1% over the year (the filed statements).

From the record

Banc of California, Inc.'s standing among 79 graded names in its industry family: revenue of $1.7 billion in fiscal 2025 ranks in the top 29% by size; a net margin of 13.7% ranks in the bottom 13%; revenue growth of 2.5% a year over the last 3 filed years ranks in the bottom 3% (its annual reports).

From the record

Banc of California, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Wolff, Jared M (CHAIRMAN AND CEO, as filed), filing under that title since 2019-03-20, 7.7 years (top 46% of its family); the 17 officers and directors filing in the last fifteen months have been on the record a median of 3.5 years (bottom 6%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 17 people in charge now (bottom 49%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Banc of California, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $2.3 billion against debt of $2.1 billion leaves 0.7% of its assets as net cash, bottom 30% of its family; cash from operations less capital spending is 14% of revenue (bottom 17%) (its annual report).

From the record

Banc of California, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 2.5% a year over the last three filed years against 18.3% over all 10, slowing (bottom 1% of its family); the newest year grew -7.5% (bottom 3%); capital spending grew 1.1% a year (bottom 32%) (its annual reports). Banc of California, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Banc of California, Inc.'s newest year against its own record: revenue of $1.7 billion in fiscal 2025 came in 14.3% below the $2.0 billion its prior three years' pace pointed to (top 39% of its family); net income of $229 million against a prior three-year average of $450 million (top 3%); a net margin of 13.7% against -20.7% before (top 1%) (its annual reports).