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Banc of California BANC Leased equipment depreciation

Leased equipment depreciation at other companies

PROG Holdings logo
PROG HoldingsPRG
$409.01M-11.2%
Customers Bancorp logo
Customers BancorpCUBI
$12.69M+50.0%
Pathward Financial, Inc. logo
Pathward Financial, Inc.CASH
$0
PROG Holdings logo
PROG HoldingsPRG
$409.01M-11.2%
1st Source Corporation logo
1st Source CorporationSRCE
$454K-36.8%
General Motors logo
General MotorsGM
$1.33B+10.6%

Other financials

Income statement

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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

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

Returns & leverage

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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 banc:LeaseEquipmentDepreciation.

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 depreciation?
Banc of California (BANC) reported leased equipment depreciation of $5.3M in Q1 2026.
How has Banc of California's leased equipment depreciation changed year-over-year?
Banc of California's leased equipment depreciation decreased by 21.3% year-over-year, from $6.74M to $5.3M.
What is the long-term trend for Banc of California's leased equipment depreciation?
Over 3 years (2021 to 2025), Banc of California's leased equipment depreciation has grown at a -9.6% compound annual growth rate (CAGR), from $35.76M to $26.39M.
What does leased equipment depreciation mean?
This represents the systematic allocation of the cost of tangible assets leased to customers over their useful lives. It is a key efficiency metric for banks with significant equipment leasing operations, reflecting the capital intensity and asset management costs of the leasing business model.