Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 15

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 7
Chunk 15
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 (expense) benefit (41,766)312,201 (143,955)Net earnings (loss)126,888 (1,899,137)423,613 Preferred stock dividends(39,788)(39,788)(19,339)Net earnings (loss) available to common and equivalent stockholders$87,100 $(1,938,925)$404,274 Per Common Share Data:Diluted earnings (loss) per share (1)$0.52 $(22.71)$5.14 Adjusted diluted earnings (loss) per share (2)$0.80 $0.15 $6.05 Book value per share (1)$17.78 $17.12 $43.71 Tangible book value per share (1)(2)$15.72 $14.96 $25.88 Performance Ratios:Return on average assets 0.36 %(4.71)%1.05 %Adjusted return on average assets (2)0.50 %0.13 %1.20 %Return on average tangible common equity (2)4.35 %(35.27)%20.53 %Adjusted return on average tangible common equity (2)6.23 %1.06 %22.50 %Net interest margin 2.85 %1.98 %3.49 %Yield on average loans and leases 6.11 %5.92 %5.07 %Cost of average total deposits2.52 %2.61 %0.59 %Noninterest expense to average total assets2.24 %6.10 %1.91 %Capital Ratios (consolidated):Common equity tier 1 capital ratio10.55 %10.14 %8.70 %Tier 1 capital ratio12.97 %12.44 %10.61 %Total capital ratio17.05 %16.43 %13.61 %Tier 1 leverage capital ratio10.15 %9.00 %8.61 %Risk-weighted assets$25,976,675 $27,338,852 $33,030,960 

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(1)    Shares include non-voting common stock equivalents that are participating securities.

(2)    See "- Non-GAAP Financial Measures."

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