Banc of California's Total Assets for the quarter that ended in Dec. 2023 was $38,534.1 Mil.
Warning Sign:
If a company builds assets at 39.9% a year, faster than its revenue growth rate of 5.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Banc of California's average Total Assets Growth Rate was -9.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 68.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 39.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 17.90% per year.
During the past 13 years, Banc of California's highest 3-Year average Total Assets Growth Rate was 84.90%. The lowest was -7.30%. And the median was 10.90%.
The historical data trend for Banc of California's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Banc of California's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Banc of California's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Banc of California Total Assets Related Terms
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Banc of California (Banc of California) Business Description
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.
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