Company Information

  

Address: 3 MACARTHUR PLACE  
City: SANTA ANA 
State: CA 
Zip Code: 92707 
Telephone: 949-236-5211 

Description of Business

Primary SIC Code: 6021
(As filed with the SEC)  

Banc of California (NYSE: BANC) is a $10 billion company headquartered in Irvine, California. It was formed through the merger of four of Southern California's premier community banking franchises.  Over the past five years, Banc of California has grown to be the largest bank headquartered in Orange County, with over 100 banking locations and 1,700 employees.  This year, Banc of California expects to fund 20,000 loans to California's diverse businesses, entrepreneurs and communities. Banc of California was recently recognized by Forbes Magazine as one of America's Top Banks, by the Orange County Business Journal as the Fastest Growing Mid-Size Company headquartered in Orange County, and as the largest independent bank in California with an Outstanding rating for community development. Banc of California's mission is to be California's Bank offering a full range of banking services including private, commercial, retail and institutional banking.

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20171.620.13013.27
03/20171.750.13011.83
12/20161.940.1308.94
06/20161.510.12011.99
03/20161.410.12012.41
12/20151.340.12010.91
09/20151.210.12010.14
06/20151.230.12011.18

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.20Total Liab/Total Assets0.91
Net Inc/Total Assets0.01Total Liab/Inv Cap0.96
Net Inc/Inv Cap0.01Total Liab/Comm Equity17.16
Pretax Inc/Net Sales0.23Interest Coverage Ratio8.75
Net Inc/Net Sales0.18Curr Debt/Equity0.57
Cash Flow/Net Sales0.02LTD/EquityNA
SG&A/NetSales0.67Total Debt/Equity0.57
Asset Utilization   Liquidity  
Net Receivables Turnover79.08Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E4.50  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 115.12 102.15 113.75 320.61
Cost of Goods Sold 15.47 14.94 13.96 12.50
Selling & Admin Exps 74.76 75.18 83.18 230.64
Operating Income NA NA NA NA
Interest Exp 6.25 6.00 4.40 4.30
Pretax Income 14.17 2.39 2.91 70.87
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 16.95 12.26 17.20 33.26

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 3,435.55 3,490.73 3,771.33 3,774.07
Receivables - Total 7.70 14.98 15.97 16.01
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 143.01 146.67 149.98 146.12
Total Assets 10,280.03 10,365.77 11,052.09 11,029.85
Liabilities        
Accounts Payable 109.97 77.19 81.83 116.04
Debt in Current Liabilities 1,506.52 923.24 1,174.30 557.92
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 9,266.12 9,359.48 10,066.34 10,049.61
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 269.07 269.07 269.07 269.07
Common Stock 0.55 0.54 0.54 0.54
Retained Earnings 145.42 140.33 139.93 134.52
Treasury Stock -28.79 -28.79 -29.07 -29.07
Total Stockholders' Equity 1,013.91 1,006.29 985.75 980.24
Total Liabilities and Stockholders' Equity 10,280.03 10,365.77 11,052.09 11,029.85

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 127.71 399.11 -15.99 158.65
Net Cash Provided by Investing Activities 41.48 523.05 -71.14 115.27
Net Cash Provided by Financing Activities -68.55 -820.25 56.90 -207.01

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201291.656.00--
12/2013217.25-0.08-0.14
12/2014333.7830.200.91
12/2015486.5662.071.34
12/2016656.85115.421.94
Growth Rates63.62----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1722663,302--




Report Date : 12/11/2017

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