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Banc of California BANC Leased equipment income — Service charges on deposit accounts

Other product segments

Noninterest Income
$10.11M
Other commissions and fees
$5.13M
Service charges on deposit accounts
$4.98M
Other income
$1K
Dividends and Gains (Losses) on Equity Investments
$0
Gain on sale of loans
$0
Interest Income
$0
LOCOM Held For Sale Adjustment
$0
Warranty Income
$0

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LOBLease income
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SFNCService charges on deposit accounts — Non-interest income
$12.66M+0.2%
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PFSService charges on deposit accounts — Revenue
$5.2M+9.7%
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FRMEService charges on deposit accounts — Other income
$9.04M+12.0%
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HBANLeasing revenue — Noninterest income
$21M+5.0%
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FCNCACommercial Bank — Rental income on operating lease equipment
$55M-1.8%

Other financials

Income statement

See full
Revenue$286.9M+7.9%
Net income$72.0M+34.3%
EPS (diluted)$0.39+50.0%

Balance sheet

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Cash & equivalents$2.2B-5.4%
Total debt$3.1B+73.6%
Total equity$3.6B+0.9%
Total assets$34.7B+2.8%

Cash flow

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Operating cash flow$49.0M+224%
CapEx$3.4M+122%
Free cash flow$45.6M+235%

Valuation

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Market cap$3.16B+13.0%
Enterprise value$4.05B+95.2%
P/E12.8×-5.9×
P/S2.8×0.0×

Profitability

See full
Net margin21.7%+6.8pp
FCF margin23.4%

Returns & leverage

See full
Return on equity7%+2.7pp
Debt / equity0.9×+0.4×

Where this comes from

Reported directly by Banc of California in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Banc of California’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Banc of California's leased equipment income — service charges on deposit accounts?
Banc of California (BANC) reported leased equipment income — service charges on deposit accounts of $0 in Q1 2026.
What does leased equipment income — service charges on deposit accounts mean?
This metric represents the revenue generated from leasing equipment to commercial clients combined with fees earned from managing deposit accounts. It reflects the bank's ability to diversify income streams beyond traditional interest-based lending by leveraging both asset-based financing and recurring service-based banking fees. This combined figure provides insight into the non-interest income contribution from the bank's specialized business services and retail banking operations.