Filing Flows › Banc of California (BANC) › Q2 2026 › vs Q1 2026
Banc of California (BANC) Q2 2026 vs Q1 2026 (quarter over quarter)
Banc of California's revenue fell $262M (-59%) from $443M in Q1 2026 to $180M in Q2 2026.
Banc of California, Q2 2026: revenue $180M (-60% year over year), operating margin -185.7%, net loss $241M, operating cash flow $161M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 88.0% | 10.3% | +77.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $180M | $443M | −$262M | -59% |
| Income tax benefit | $93.9M | −$23.8M | $118M | — |
| Net loss | $241M | −$72.0M | $313M | — |
| Costs & expenses | $516M | $443M | $73.0M | +16% |
| Operating costs | $516M | $347M | $169M | +49% |
| Operating cash sources | $403M | −$23.0M | $426M | — |
| Depreciation & amortization | $13.5M | $10.9M | $2.6M | +24% |
| Share-based compensation | $4.2M | $5.6M | −$1.4M | -26% |
| Working capital & other | $385M | −$39.5M | $425M | — |
| Net loss absorbed | $241M | −$72.0M | $313M | — |
| Operating cash flow | $161M | $49.0M | $112M | +230% |
| Free cash flow (OCF − capex) | $159M | $45.6M | $113M | +248% |
| Capital expenditures | $2.6M | $3.4M | −$760K | -22% |
Questions
How much did Banc of California's revenue grow quarter over quarter in Q2 2026?
Banc of California's revenue fell $262M (-59%) from $443M in Q1 2026 to $180M in Q2 2026.