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Banc of California (Banc of California) Revenue

: $279.4 Mil (TTM As of Dec. 2023)
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Banc of California's revenue for the three months ended in Dec. 2023 was $2.9 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $279.4 Mil. Banc of California's Revenue per Share for the three months ended in Dec. 2023 was $0.02. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.78.

Warning Sign:

Banc of California Inc revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Banc of California was -81.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was -12.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.10% per year. During the past 10 years, the average Revenue per Share Growth Rate was -2.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Banc of California's highest 3-Year average Revenue per Share Growth Rate was 188.50% per year. The lowest was -24.90% per year. And the median was 6.50% per year.


Banc of California Revenue Historical Data

The historical data trend for Banc of California's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Banc of California Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 260.28 243.46 1,280.72 1,341.02 278.39

Banc of California Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,088.09 80.91 75.66 120.00 2.86

Competitive Comparison

For the Banks - Regional subindustry, Banc of California's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Banc of California Revenue Distribution

For the Banks industry and Financial Services sector, Banc of California's Revenue distribution charts can be found below:

* The bar in red indicates where Banc of California's Revenue falls into.



Banc of California Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $279.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Banc of California  (NYSE:BANC) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Banc of California Revenue Related Terms

Thank you for viewing the detailed overview of Banc of California's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Banc of California (Banc of California) Business Description

Traded in Other Exchanges
Address
3 MacArthur Place, Santa Ana, CA, USA, 92707
Banc of California Inc is a financial holding company. It offers banking and financial services. The company's services include banking services, lending services, and private banking services. Its deposit and banking product and service offerings include checking, savings, money market, certificates of deposit, and retirement accounts. Lending activities are focused on providing financing to California's diverse private businesses, entrepreneurs, and communities, and loans are often secured by California commercial and residential real estate.
Executives
James Andrew Barker director C/O BANC OF CALIFORNIA, INC., 3 MACARTHUR PLACE, SANTA ANA CA 92707
Richard J Lashley director C/O PL CAPITAL, LLC, 47 E. CHICAGO AVE., SUITE 328, NAPERVILLE IL 60540
Joseph J Rice director C/O 3 MACARTHUR PLACE, SANTA ANA CA 92707
Joseph Kauder officer: Chief Financial Officer C/O BANC OF CALIFORNIA, 3 MACARTHUR PLACE, SANTA ANA CA 92707
Robert D Sznewajs director
Jared M Wolff director, officer: PRESIDENT AND CEO 120 WILSHIRE BLVD, SANTA MONICA CA 90401
John K Sotoodeh officer: Chief Operating Officer C/O BANC OF CALIFORNIA, INC., 3 MACARTHUR PLACE, SANTA ANA CA 92707
Raymond J Rindone officer: CAO/Deputy CFO C/O BANC OF CALIFORNIA, INC., 3 MACARTHUR PLACE, SANTA ANA CA 92707
Vania E Schlogel director C/O BANC OF CALIFORNIA, INC., 3 MACARTHUR PLACE, SANTA ANA CA 92707
Denis P Kalscheur director 949 SOUTH COAST DRIVE, THIRD FLOOR, COSTA MESA CA 92626
Shannon F Eusey director 949 SOUTH COAST DRIVE, THIRD FLOOR, COSTA MESA CA 92626
Diana Hanson officer: Chief Accounting Officer 17785 CENTER COURT DR #750, CERRITOS CA 90703
Mary A Curran director 3 MACARTHUR BLVD, SANTA ANA CA 92707
Robert G Dyck officer: EVP, Credit Administration P O BOX 2388, RANCHO SANTA FE CA 92067
Lynn M Hopkins officer: CHIEF FINANCIAL OFFICER 17785 CENTER COURT DRIVE, SUITE 750, CERRITOS CA 90703