Filing Flows › Banc of California (BANC) › Q3 2026
Banc of California (BANC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Banc of California (BANC) reported revenue of $474M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +163% from the quarter before. Operating margin was 22.8%, net earnings $83.1M (17.5% of revenue).
Banc of California, Q3 2026: revenue $474M (+2% year over year), operating margin 22.8%, net earnings $83.1M, operating cash flow $67.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $474M | +163% | +2% |
| Operating profit | $108M | — | +17% |
| Net earnings | $83.1M | — | +19% |
| Operating cash flow | $67.0M | -58% | -11% |
| Free cash flow | $61.5M | -61% | -19% |
What changed
Revenue was $474.1M in Q3 2026, up 2% year over year and up 163% from the previous quarter.
Operating profit was $108.0M, a 22.8% margin (up 3.0 points year over year). Of the extra revenue versus Q3 2025, 216% reached operating profit, above the 20% margin then. Total costs fell 2% while revenue rose 2%. Net earnings were $83.1M, up 19% year over year. The effective tax rate was 23.1%.
Operating cash flow was $67.0M (down 11% year over year), 81% of net earnings. Non-cash charges added back $11.3M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $33.3M. Capital expenditures of $5.5M left free cash flow of $61.5M.
Questions
What was Banc of California's revenue in the third quarter 2026?
Banc of California (BANC) reported revenue of $474M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +163% from the quarter before.
Was Banc of California profitable in the third quarter 2026?
Operating profit was $108M (22.8% of revenue) and net earnings $83.1M.
Source: Banc of California 10-Q on SEC EDGAR.