For the year ending 2025-12-31, BANC had -$194,247K decrease in cash & cash equivalents over the period. $234,771K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net earnings (loss) | 228,973 |
| Goodwill impairment | 0 |
| Depreciation and amortization | 49,274 |
| Amortization of net premiums on investment securities | -19,683 |
| Accretion expense | 84,754 |
| Intangible asset amortization | 28,267 |
| Amortization of operating lease rou assets | 23,485 |
| Provision for credit losses | 70,600 |
| Gain on sale of foreclosed assets, net | 203 |
| Provision for losses on foreclosed assets | 773 |
| Loss (gain) on sale of loans and leases, net | -115 |
| Loss (gain) on disposal of premises and equipment | -199 |
| Loss on sale of securities, net | 0 |
| Gain on boli death benefits | 0 |
| Unrealized (gain) loss on derivatives, foreign currencies, and credit-linked notes, net | 297 |
| Locom hfs adjustment | -9 |
| Earned stock compensation-Parent Company | 23,352 |
| Decrease (increase) in other assets | -53,522 |
| (decrease) increase in accrued interest payable and other liabilities | -157,397 |
| Net cash provided by operating activities | 255,601 |
| Cash acquired in acquisitions, net of cash consideration paid | 0 |
| Net (increase) decrease in loans and leases | 1,658,721 |
| Proceeds from sales of loans and leases | 261,875 |
| Proceeds from maturities and paydowns of securities available-for-sale | 478,677 |
| Proceeds from sales of securities available-for-sale | 0 |
| Purchases of securities available-for-sale | 605,394 |
| Proceeds from maturities and paydowns of securities held-to-maturity | 19,520 |
| Purchases of fhlb and frb stock | 17,396 |
| Redemptions of fhlb and frb stock | 4,727 |
| Proceeds from sales of foreclosed assets | 14,706 |
| Purchases of premises and equipment, net | 20,830 |
| Proceeds from sales of premises and equipment | 0 |
| Proceeds from boli death benefits | 2,124 |
| Net decrease in equipment leased to others under operating leases | -42,563 |
| Net cash (used in) provided by investing activities | -1,478,149 |
| Net (decrease) increase in noninterest-bearing deposits | 102,874 |
| Net (decrease) increase in interest-bearing deposits | 548,574 |
| Net increase (decrease) in borrowings | -178,285 |
| Proceeds from issuance of debt | 850,185 |
| Net proceeds from stock issuance | 0 |
| Payments for repurchase of common stock-March172025Stock Repurchase Program | 187,727 |
| Payments for repurchase of common stock | 0 |
| Proceeds from issuance of common stock, dividend reinvestment plan | 0 |
| Proceeds from stock options exercised | 77 |
| Restricted stock surrendered-Parent Company | 3,714 |
| Preferred stock dividends paid-Parent Company | 39,788 |
| Common stock dividends paid-Parent Company | 63,895 |
| Net cash (used in) provided by financing activities | 1,028,301 |
| Net increase (decrease) in cash and cash equivalents | -194,247 |
| Cash and cash equivalents, beginning of year | 2,502,212 |
| Cash and cash equivalents, end of year | 2,307,965 |
BANC OF CALIFORNIA, INC. (BANC)
BANC OF CALIFORNIA, INC. (BANC)