Name | Value |
---|---|
Revenues | 120.0M |
Cost of Revenue | 0.0M |
Gross Profit | 120.0M |
Operating Expense | -61.2M |
Operating I/L | 58.8M |
Other Income/Expense | 58.8M |
Interest Income | 116.2M |
Pretax | 58.8M |
Income Tax Expense | 16.3M |
Net Income/Loss | 42.6M |
Banc of California, Inc. operates as a bank holding company, providing a range of banking products and services in the United States. The company offers various deposit products and commercial and consumer loan products, including commercial and industrial loans, real estate loans, mortgage loans, and small business administration loans. Additionally, it provides a suite of banking services such as bill payment, treasury management, foreign exchange, and internet banking. The company also invests in collateralized loan obligations, securities, municipal bonds, and corporate debt securities. With 29 full-service branches in Southern California, Banc of California, Inc. generates revenue through its banking and lending activities.