Financial Statements

Banc of California, Inc. (BANC)

$18.84

+0.40 (+2.17%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 110128141145-
Net Income 6213244558
Stock Dividends -3-4-65133
Dividend Paid -21-26-31-55-46
Retained Earnings 148110128141145

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 141151129136-
Annual Depreciation 10-4323151
Capital Expenditure -3-5-10-9-15
Net PPE 148141151129136

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -37373737
New Purchases -1,054-528-210-400-323
Intangible and Goodwill 3737373794

Banc of California, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Banc of California, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.