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Banc of California BANC Impairment Charges

Impairment Charges at other companies

Customers Bancorp logo
Customers BancorpCUBI
$569.5K
Midland States Bancorp logo
Midland States BancorpMSBI
$0-100%

Other financials

Income statement

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Revenue$16.4M-94.0%
Net income-$241.3M-950%
EPS (diluted)-$1.61-1,442%

Balance sheet

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Cash & equivalents$2.8B+19.7%
Total debt$2.6B+25.9%
Total equity$3.4B-0.5%
Total assets$35.0B+2.3%

Cash flow

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Operating cash flow$161.4M+157%
CapEx$2.6M+106%
Free cash flow$158.8M+158%

Valuation

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Market cap$2.97B+30.1%
Enterprise value$2.72B+38.0%
P/S3.4×+1.1×

Profitability

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Net margin-2.5%-17.0pp
FCF margin41.2%

Returns & leverage

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Return on equity-0.7%-5.0pp
Debt / equity0.8×+0.2×

Where this comes from

Reported directly by Banc of California in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Banc of California’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 5:25 PM EST
Fiscal year
FY2025
Accession
0001628280-26-012946
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Loan expense16,37217,30620,458
Intangible asset amortization28,26733,14311,419
Acquisition, integration and reorganization costs(14,183)142,633
Goodwill impairment1,376,736
Other expense37,96835,289142,473
Total noninterest expense735,850791,7402,458,181
Earnings (loss) before income taxes313,075168,654(2,211,338)
Income tax expense (benefit)84,10241,766(312,201)

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Banc of California's impairment charges?
Banc of California (BANC) reported impairment charges of $0 in Q4 2025.
What is the long-term trend for Banc of California's impairment charges?
Over 3 years (2022 to 2025), Banc of California's impairment charges has grown at a -100.0% compound annual growth rate (CAGR), from $29M to $0.
What does impairment charges mean?
Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

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