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Income Statement (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 266M | 37.3% |
| Gross Profit | 266M | 37.3% |
| Net Income | 54M | 5.9% |
Balance Sheet (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 33.8B | 0.7% |
| Total Liabilities | 30.3B | 0.7% |
| Total Equity | 3.52B | 0.6% |
| Shares Outstanding | 169M | 0.6% |
Cash Flow (NONE)
| Q1 '25 | QoQ |
|---|
EPS
Financial Highlights for Banc of California in Q1 '25
Banc of California reported a revenue of 266M, which is a -37.3% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. A decline in revenue can be concerning, as it might indicate reduced sales or challenges in the market. It's important to investigate further to understand the underlying causes.
Gross Profit stood at 266M, marking a -37.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Net Income for the quarter was 54M, showing a -5.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
Banc of California faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
