Filing Flows › Banc of California (BANC) › Q2 2025
Banc of California (BANC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Banc of California (BANC) reported revenue of $453M for the second quarter 2025 (Q2 2025), -8% from a year earlier and +3% from the quarter before. Operating margin was 10.6%, net earnings $28.4M (6.3% of revenue).
Banc of California, Q2 2025: revenue $453M (-8% year over year), operating margin 10.6%, net earnings $28.4M, operating cash flow $62.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $453M | +3% | -8% |
| Operating profit | $47.9M | -34% | +7% |
| Net earnings | $28.4M | -47% | -6% |
| Operating cash flow | $62.7M | +315% | +60% |
| Free cash flow | $61.4M | +352% | +79% |
What changed
Revenue was $453.1M in Q2 2025, down 8% year over year and up 3% from the previous quarter.
Operating profit was $47.9M, a 10.6% margin (up 1.5 points year over year). Total costs fell 9% while revenue fell 8%. Net earnings were $28.4M, down 6% year over year. The effective tax rate was 40.7%.
Operating cash flow was $62.7M (up 60% year over year), 221% of net earnings. Non-cash charges added back $12.3M of depreciation and amortization and $6.4M of share-based compensation. Working capital and other items added $15.6M. Capital expenditures of $1.3M left free cash flow of $61.4M.
Questions
What was Banc of California's revenue in the second quarter 2025?
Banc of California (BANC) reported revenue of $453M for the second quarter 2025 (Q2 2025), -8% from a year earlier and +3% from the quarter before.
Was Banc of California profitable in the second quarter 2025?
Operating profit was $47.9M (10.6% of revenue) and net earnings $28.4M.
Source: Banc of California 10-Q on SEC EDGAR.