Filing Flows › Banc of California (BANC) › Q3 2025
Banc of California (BANC) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
Banc of California (BANC) reported revenue of $467M for the third quarter 2025 (Q3 2025), +8% from a year earlier and +3% from the quarter before. Operating margin was 19.8%, net earnings $69.6M (14.9% of revenue).
Banc of California, Q3 2025: revenue $467M (+8% year over year), operating margin 19.8%, net earnings $69.6M, operating cash flow $75.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $467M | +3% | +8% |
| Operating profit | $92.3M | +93% | +702% |
| Net earnings | $69.6M | +145% | +693% |
| Operating cash flow | $75.7M | +21% | +61% |
| Free cash flow | $75.5M | +23% | +69% |
What changed
Revenue was $466.8M in Q3 2025, up 8% year over year and up 3% from the previous quarter.
Operating profit was $92.3M, a 19.8% margin (up 17.1 points year over year). Of the extra revenue versus a year earlier, 228% reached operating profit, above the 3% margin then. Total costs fell 11% while revenue rose 8%. Net earnings were $69.6M, up 693% year over year. The effective tax rate was 24.6%.
Operating cash flow was $75.7M (up 61% year over year), 109% of net earnings. Non-cash charges added back $12.2M of depreciation and amortization and $6.1M of share-based compensation. Working capital and other items used $12.2M. Capital expenditures of $185K left free cash flow of $75.5M.
Questions
What was Banc of California's revenue in the third quarter 2025?
Banc of California (BANC) reported revenue of $467M for the third quarter 2025 (Q3 2025), +8% from a year earlier and +3% from the quarter before.
Was Banc of California profitable in the third quarter 2025?
Operating profit was $92.3M (19.8% of revenue) and net earnings $69.6M.
Source: Banc of California 10-Q on SEC EDGAR.