For the quarter ending 2026-03-31, BANC-PF had -$90,696K decrease in cash & cash equivalents over the period. $45,601K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net earnings | 71,952 | 77,391 | 69,629 | 81,953 |
| Goodwill impairment | - | 0 | - | - |
| Depreciation and amortization | 10,894 | 11,743 | 12,162 | 25,369 |
| Amortization of net premiums on investment securities | -4,524 | -4,645 | -5,004 | -10,034 |
| Loss on sale of securities, net | - | 0 | 0 | - |
| Accretion of net purchased loan discounts and deferred loan fees | 16,475 | 17,537 | 24,365 | 42,852 |
| Gain on boli death benefit | - | - | 0 | 0 |
| Amortization of intangible assets | 6,348 | 6,788 | 7,160 | 14,319 |
| Amortization of operating lease rou assets | 5,717 | 5,813 | 5,922 | 11,750 |
| Provision for credit losses | 9,800 | 12,500 | 9,700 | 48,400 |
| Loss on sale of foreclosed assets | -28 | 111 | -23 | 115 |
| Provision for losses on foreclosed assets | 44 | 17 | 756 | - |
| Gain on sale of loans and leases | 7 | 18 | -374 | 241 |
| Gain on boli death benefits | - | 0 | - | - |
| Loss on sale of premises and equipment | -1 | -199 | 0 | 0 |
| Unrealized gain on derivatives, foreign currencies, and credit-linked notes, net | 362 | 514 | -217 | - |
| Locom hfs adjustment | 3 | 0 | -9 | - |
| Unrealized loss on derivatives, foreign currencies, and credit-linked notes, net | - | - | - | -271 |
| Earned stock compensation-Parent Company | - | 23,352 | - | - |
| Earned stock compensation | -12,406 | - | 6,110 | 11,932 |
| Provision for losses on foreclosed assets | - | - | - | 633 |
| Decrease in other assets | -4,851 | -15,104 | -9,813 | -28,605 |
| Locom hfs adjustment | - | - | - | -9 |
| Decrease in accrued interest payable and other liabilities | -53,967 | -19,246 | -25,920 | -112,231 |
| Net cash provided by operating activities | 48,981 | 102,084 | 75,681 | 77,836 |
| Cash acquired in acquisitions, net of cash consideration paid | - | 0 | - | - |
| Net decrease (increase) in loans and leases | -175,029 | 913,877 | -204,206 | 949,050 |
| Redemptions of fhlb and frb stock | - | 0 | 2,941 | 1,786 |
| Proceeds from sales of loans and leases | 740 | 19,088 | 242,787 | - |
| Proceeds from maturities and paydowns of securities afs | -200,237 | - | 121,065 | 209,739 |
| Proceeds from maturities and paydowns of securities available-for-sale | - | 478,677 | - | - |
| Proceeds from sales of securities available-for-sale | - | 0 | 0 | - |
| Purchases of securities afs | 343,368 | 160,942 | 277,587 | 166,865 |
| Proceeds from maturities and paydowns of securities htm | 452 | 398 | 19,122 | - |
| Proceeds from sales of premises and equipment | - | 0 | 0 | 0 |
| Purchases of fhlb and frb stock | 9,900 | 1,105 | 35 | 16,256 |
| Proceeds from sales of foreclosed assets | 689 | 3,717 | 3,921 | 7,068 |
| Proceeds from sales of loans and leases | - | - | - | 32,421 |
| Purchases of premises and equipment | 3,380 | 17,851 | 185 | 2,794 |
| Proceeds from maturities and paydowns of securities held-to-maturity | - | - | - | 614 |
| Proceeds from boli death benefit | 583 | 868 | 1,256 | 0 |
| Net decrease (increase) in equipment leased to others under operating leases | - | - | - | -5,055 |
| Net decrease in equipment leased to others under operating leases | -9,370 | -36,438 | -6,125 | - |
| Net cash used in investing activities | -39,218 | -885,393 | 285,526 | -878,282 |
| Net decrease in noninterest-bearing deposits | -25,245 | 219,039 | -116,165 | - |
| Net (decrease) increase in interest-bearing deposits | -495,978 | 439,553 | 109,021 | - |
| Net increase (decrease) in borrowings | - | -178,285 | - | - |
| Repayments of borrowings | -174,566 | - | 783 | 176,184 |
| Proceeds from borrowings | 489,815 | 60,185 | 90,000 | 700,000 |
| Net proceeds from stock issuance | - | 0 | - | - |
| Payments for repurchase of common stock-March172025Stock Repurchase Program | - | 187,727 | - | - |
| Common shares repurchased under stock repurchase program | 32,280 | -187,727 | 35,882 | 151,845 |
| Common shares purchased under dividend reinvestment plan | 0 | -214 | 70 | 144 |
| Proceeds from stock options exercised | - | 77 | - | - |
| Exercise of options | - | - | 77 | - |
| Restricted stock surrendered | - | - | - | 3,387 |
| Restricted stock surrendered-Parent Company | - | 3,714 | - | - |
| Restricted stock surrendered | 1,957 | - | 3,617 | - |
| Net (decrease) increase in noninterest-bearing deposits | - | - | - | -278,797 |
| Preferred stock dividends paid-Parent Company | - | 39,788 | - | - |
| Preferred stock dividends paid | -19,894 | - | 9,947 | 19,894 |
| Net increase (decrease) in interest-bearing deposits | - | - | - | 615,321 |
| Common stock dividends paid-Parent Company | - | 63,895 | - | - |
| Common stock dividends paid | -30,854 | - | 16,131 | 33,572 |
| Net cash (used in) provided by financing activities | -100,459 | 693,009 | -316,494 | 651,786 |
| Net decrease in cash, cash equivalents, and restricted cash | -90,696 | -90,300 | 44,713 | -148,660 |
| Cash, cash equivalents, and restricted cash, beginning of period | 2,307,965 | 2,398,265 | 2,502,212 | - |
| Cash, cash equivalents, and restricted cash, end of period | 2,217,269 | 2,307,965 | 2,398,265 | - |
BANC OF CALIFORNIA, INC. (BANC-PF)
BANC OF CALIFORNIA, INC. (BANC-PF)