Banc of California, Inc. (BANC) Balance Sheet
BANC balance sheet, 2025
December 31, 2025 · U.S. dollars$34.80B assets = $31.26B liabilities + $3.54B equity
Both columns are drawn to the same scale: what BANC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BANC financial health
Descriptive bands, not a rating. Fiscal 2025.
BANC balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $11.03B2016 | $34.80B2025 | +13.6%/yr | |
| Total liabilities | $10.05B2016 | $31.26B2025 | +13.4%/yr | |
| Shareholders’ equity | $980.2M2016 | $3.54B2025 | +15.3%/yr | |
| Cash & short-term investments | $2.82B2016 | $7.23B2025 | +11.0%/yr | |
| Total debt | $733.3M2016 | $3.02B2025 | +17.0%/yr | |
| Net cash (debt) | $2.09B2016 | $4.21B2025 | +$2.1B | |
| Working capital | −$6.39B2016 | −$21.01B2025 | −$14.6B | |
| Book value per share | $8.152016 | $22.122025 | +11.7%/yr | |
| Debt / equity | 0.752016 | 0.852025 | +0.10 | |
| Shares outstanding | 120.2M2016 | 160.1M2025 | +3.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BANC assets
BANC liabilities and equity
BANC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BANC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $7.23B | $4.75B | $7.72B | $7.08B | $1.54B | $1.45B | $1.29B | $2.38B | $2.96B | $2.82B |
| Cash & equivalents | $2.31B | $2.50B | $5.38B | $2.24B | $228.1M | $220.8M | $373.5M | $391.6M | $387.7M | $440.5M |
| Short-term investments | $4.92B | $2.25B | $2.35B | $4.84B | $1.32B | $1.23B | $912.6M | $1.99B | $2.58B | $2.38B |
| Receivables | $131.4M | $143.5M | $172.8M | $247.0M | $8.0M | $1.1M | $4.2M | $2.7M | $8.7M | $16.0M |
| Inventory | $0 | $0 | $29.6M | −$7.31B | −$267.1M | −$251.4M | −$409.6M | −$442.5M | $5.79B | $5.06B |
| Other current assets | $0 | $39.4M | $13.9M | $7.34B | $267.1M | $251.4M | $409.6M | $442.5M | $0 | $0 |
| Total current assets | $7.23B | $4.93B | $7.94B | $7.36B | $1.55B | $1.45B | $1.29B | $2.39B | $2.97B | $2.84B |
| Property, plant & equipment (net) | $146.7M | $549.8M | $624.2M | $584.8M | $112.9M | $141.2M | $150.6M | $129.4M | $135.7M | $140.9M |
| Goodwill & intangible assets | $319.8M | $347.5M | $364.1M | $1.41B | $100.7M | $39.8M | $41.3M | $43.5M | $80.2M | $90.7M |
| Long-term investments | $5.31B | $5.12B | $5.18B | $1.20B | $1.34B | $1.26B | $6.86B | $9.67B | $9.30B | $9.70B |
| Other non-current assets | $21.79B | $22.59B | $24.43B | $30.68B | $6.32B | $4.98B | $0 | $0 | $0 | $0 |
| Total assets | $34.80B | $33.54B | $38.53B | $41.23B | $9.43B | $7.88B | $7.83B | $10.63B | $10.33B | $11.03B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | −$5.81B | $7.44B | $72.1M | $95.7M | $72.2M | $140.6M | $50.1M |
| Short-term debt | — | — | $2.62B | $28.7M | $25.0M | $140.6M | $645.7M | $840.0M | $1.28B | $67.9M |
| Deferred revenue | — | — | — | $50.5M | — | — | — | — | — | −$6.22B |
| Total current liabilities | $28.24B | $27.19B | $33.02B | $34.05B | $7.58B | $6.16B | $5.52B | $7.99B | $7.43B | $9.22B |
| Long-term debt | $2.78B | $2.33B | $1.06B | $1.00B | $274.4M | $256.3M | $173.4M | $173.2M | $172.9M | $175.4M |
| Lease obligations | — | — | — | — | $40.7M | $20.6M | $23.7M | — | — | — |
| Other long-term liabilities | $240.0M | $517.3M | $1.07B | $2.23B | $476.1M | $566.0M | $1.22B | $1.52B | $1.71B | $650.6M |
| Total liabilities | $31.26B | $30.04B | $35.14B | $37.28B | $8.36B | $6.98B | $6.92B | $9.68B | $9.32B | $10.05B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.5M | $1.7M | $1.7M | $1.2M | $651,000 | $527,000 | $525,000 | $523,000 | $522,000 | $539,000 |
| Retained earnings (deficit) | −$242.0M | −$431.2M | −$518.3M | $1.42B | $147.9M | $110.2M | $127.7M | $141.0M | $144.8M | $134.5M |
| Treasury stock | — | — | — | — | −$40.8M | −$40.8M | −$28.8M | −$28.8M | −$28.8M | −$29.1M |
| Accumulated other comprehensive income | −$269.3M | −$354.8M | −$432.1M | −$790.9M | $7.7M | $7.7M | −$11.9M | −$24.1M | $5.2M | −$9.0M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $3.54B | $3.50B | $3.39B | $3.95B | $1.07B | $897.2M | $907.2M | $945.5M | $1.01B | $980.2M |
| Key figures | ||||||||||
| Total debt | $3.02B | $2.33B | $3.85B | $2.63B | $816.1M | $816.8M | $1.39B | $1.69B | $1.87B | $733.3M |
| Net cash (debt) | $4.21B | $2.42B | $3.88B | $4.45B | $727.7M | $635.5M | −$106.1M | $690.9M | $1.10B | $2.09B |
| Working capital | −$21.01B | −$22.26B | −$25.08B | −$26.69B | −$6.03B | −$4.70B | −$4.23B | −$5.60B | −$4.46B | −$6.39B |
| Tangible book value | $3.22B | $3.15B | $3.03B | $2.54B | $964.6M | $857.4M | $866.0M | $902.0M | $932.1M | $889.5M |
| Book value per share | $22.12 | $20.75 | $23.72 | $27.63 | $9.08 | $7.68 | $7.63 | $7.65 | $8.32 | $8.15 |
| Shares outstanding | 160.1M | 168.7M | 143.0M | 143.0M | 117.3M | 116.9M | 119.0M | 123.6M | 121.6M | 120.2M |
| Current ratio | 0.26 | 0.18 | 0.24 | 0.22 | 0.20 | 0.24 | 0.23 | 0.30 | 0.40 | 0.31 |
| Quick ratio | 0.26 | 0.18 | 0.24 | 0.22 | 0.20 | 0.24 | 0.23 | 0.30 | 0.40 | 0.31 |
| Debt / equity | 0.85 | 0.67 | 1.13 | 0.67 | 0.77 | 0.91 | 1.53 | 1.79 | 1.85 | 0.75 |
| Equity / assets | 10.2% | 10.4% | 8.8% | 9.6% | 11.3% | 11.4% | 11.6% | 8.9% | 9.8% | 8.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $7.30B | $253.9M | $7.23B | $4.82B | $4.60B | $2.34B | $4.75B | $4.85B | $4.94B | $5.37B | $7.72B | $1.23B |
| Cash & equivalents | $2.82B | $253.9M | $2.31B | $2.40B | $2.35B | $2.34B | $2.50B | $2.55B | $2.70B | $3.09B | $5.38B | $311.0M |
| Short-term investments | $4.48B | $2.66B | $4.92B | $2.42B | $2.24B | $4.80B | $2.25B | $2.30B | $2.24B | $2.29B | $2.35B | $915.1M |
| Receivables | $124.1M | $134.0M | $131.4M | $136.0M | $136.3M | $144.3M | $143.5M | $155.3M | $159.1M | $164.3M | $172.8M | $6.89B |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $44.4M | −$3.25B | $29.6M | −$7.25B |
| Other current assets | $791.1M | $0 | $0 | $35.3M | $39.3M | $39.8M | $39.4M | $37.6M | $0 | $3.29B | $13.9M | $362.3M |
| Total current assets | $8.22B | $388.0M | $7.23B | $4.99B | $4.77B | $2.53B | $4.93B | $5.05B | $5.14B | $5.58B | $7.94B | $1.23B |
| Property, plant & equipment (net) | $145.4M | $466.9M | $146.7M | $515.2M | $532.2M | $533.1M | $549.8M | $562.4M | $595.6M | $610.2M | $624.2M | $109.1M |
| Goodwill & intangible assets | $307.2M | $313.6M | $319.8M | $326.4M | $333.5M | $340.5M | $347.5M | $357.3M | $364.8M | $355.9M | $364.1M | $120.5M |
| Long-term investments | $4.33B | $5.51B | $5.31B | $2.98B | $2.91B | $5.20B | $5.12B | $5.11B | $5.06B | $5.12B | $5.18B | $1.24B |
| Other non-current assets | $21.81B | $28.04B | $21.79B | $25.20B | $25.71B | $25.17B | $22.59B | $22.35B | $24.08B | $24.41B | $24.43B | $6.55B |
| Total assets | $34.81B | $34.72B | $34.80B | $34.01B | $34.25B | $33.78B | $33.54B | $33.43B | $35.24B | $36.07B | $38.53B | $9.25B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | $26.60B |
| Short-term debt | $2.46B | $940.0M | — | $190.0M | $100.0M | — | — | — | $545.0M | $1.54B | $2.62B | $185.8M |
| Total current liabilities | $30.58B | $940.0M | $28.24B | $27.37B | $27.63B | $27.19B | $27.19B | $26.83B | $29.35B | $30.44B | $33.02B | $6.96B |
| Long-term debt | $3.03B | $3.07B | $2.78B | $2.77B | $2.77B | $2.62B | $2.33B | $2.53B | $1.84B | $1.53B | $1.06B | $1.47B |
| Other long-term liabilities | $0 | $27.17B | $240.0M | $405.6M | $428.8M | $449.4M | $517.3M | $574.2M | $651.4M | $709.7M | $1.07B | $0 |
| Total liabilities | $31.62B | $31.17B | $31.26B | $30.55B | $30.82B | $30.26B | $30.04B | $29.94B | $31.84B | $32.68B | $35.14B | $8.25B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.6M | $1.5M | $1.5M | $1.6M | $1.6M | $1.7M | $1.7M | $1.7M | $1.7M | $1.7M | $1.7M | $658,000 |
| Retained earnings (deficit) | −$431.3M | −$180.0M | −$242.0M | −$309.5M | −$369.1M | −$387.6M | −$431.2M | −$478.2M | −$477.0M | −$497.4M | −$518.3M | $312.2M |
| Accumulated other comprehensive income | −$144.2M | −$267.9M | −$269.3M | −$287.0M | −$313.2M | −$323.3M | −$354.8M | −$328.1M | −$428.7M | −$436.4M | −$432.1M | −$43.5M |
| Total shareholders' equity | $3.19B | $3.55B | $3.54B | $3.47B | $3.43B | $3.52B | $3.50B | $3.50B | $3.41B | $3.39B | $3.39B | $1.00B |
| Key figures | ||||||||||||
| Total debt | $3.03B | $3.51B | $3.02B | $2.96B | $2.87B | $2.62B | $2.33B | $2.53B | $2.38B | $3.08B | $3.85B | $1.47B |
| Net cash (debt) | $4.27B | −$3.25B | $4.21B | $1.87B | $1.73B | −$271.8M | $2.42B | $2.32B | $2.56B | $2.29B | $3.88B | −$242.3M |
| Working capital | −$22.36B | −$552.0M | −$21.01B | −$22.38B | −$22.86B | −$24.67B | −$22.26B | −$21.78B | −$24.21B | −$24.86B | −$25.08B | −$5.74B |
| Tangible book value | $2.88B | $3.24B | $3.22B | $3.14B | $3.09B | $3.18B | $3.15B | $3.14B | $3.04B | $3.04B | $3.03B | $881.3M |
| Book value per share | $20.49 | $22.20 | $22.12 | $21.80 | $21.63 | $20.78 | $20.62 | $20.74 | $20.23 | $20.19 | $23.72 | $7.01 |
| Shares outstanding | 155.8M | 160.1M | 160.1M | 159.1M | 158.5M | 169.4M | 169.7M | 168.6M | 168.4M | 168.1M | 143.0M | 143.0M |
| Current ratio | 0.27 | 0.41 | 0.26 | 0.18 | 0.17 | 0.09 | 0.18 | 0.19 | 0.18 | 0.18 | 0.24 | 0.18 |
| Quick ratio | 0.24 | 0.41 | 0.26 | 0.18 | 0.17 | 0.09 | 0.18 | 0.19 | 0.17 | 0.18 | 0.24 | 1.17 |
| Debt / equity | 0.95 | 0.99 | 0.85 | 0.85 | 0.84 | 0.74 | 0.67 | 0.72 | 0.70 | 0.91 | 1.13 | 1.47 |
| Equity / assets | 9.2% | 10.2% | 10.2% | 10.2% | 10.0% | 10.4% | 10.4% | 10.5% | 9.7% | 9.4% | 8.8% | 10.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
BANC financial position
At the end of fiscal 2025 (December 31, 2025), Banc of California had total assets of $34.8 billion (up 3.7% from a year earlier), total liabilities of $31.3 billion and shareholders' equity of $3.5 billion. It held $7.2 billion in cash and short-term investments against $3.0 billion of debt, a net cash position of $4.2 billion. Its current ratio was 0.26. In the latest quarter (ended June 30, 2026) total assets were $34.8 billion and equity $3.2 billion.
Related: BANC income statement, BANC cash flow statement, BANC key metrics. See the BANC stock overview for the latest quote and news.
BANC balance sheet FAQ
What are Banc of California's total assets?
Banc of California reported total assets of $34.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $33.5 billion a year earlier.
How much debt does Banc of California have?
Banc of California had $3.0 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.85.
How much cash does Banc of California have?
Banc of California held $7.2 billion in cash and short-term investments at the end of fiscal 2025; with $3.0 billion of debt that is net cash of $4.2 billion.
What is Banc of California's book value?
Banc of California's shareholders' equity (book value) was $3.5 billion at the end of fiscal 2025, or $22.12 per share.
What is Banc of California's current ratio?
Banc of California had current assets of $7.2 billion and current liabilities of $28.2 billion, a current ratio of 0.26 (current liabilities exceed current assets).
How much goodwill does Banc of California have?
Banc of California carried $319.8 million of goodwill and intangible assets, 0.9% of total assets, at the end of fiscal 2025.