Estados financieros detallados de Banc of California, Inc. (BANC): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Banc of California, Inc. registró ingresos de $1.81B en el último ejercicio fiscal, con un CAGR de 5 años del 42.4%. El beneficio neto alcanzó $229.0M, con un CAGR a 5 años del 78.7%.
Márgenes de los últimos 12 meses: margen bruto 53.1%, margen operativo -2.0%, margen neto -1.2%. El flujo de caja libre creció a un CAGR del 27.5% en 5 años.
Al precio actual de $18.28, BANC presenta beneficios negativos (P/E no significativo) y un ROE del 6.47%. La capitalización bursátil es de $2.8B.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ingresos | $455.2M | $428.0M | $449.0M | $403.2M | $309.5M | $1.34B | $1.61B | $1.50B | $1.87B | $1.81B |
| Coste de Ventas | $61.4M | $96.9M | $165.4M | $178.1M | $95.0M | -$107.1M | $290.2M | $1.28B | $929.5M | $747.7M |
| Beneficio Bruto | $393.7M | $331.1M | $283.6M | $225.1M | $214.4M | $1.44B | $1.32B | $226.4M | $943.1M | $1.06B |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $153.0M | $134.5M | $122.6M | $114.3M | $96.8M | $385.8M | $432.3M | $468.0M | $412.2M | $557.8M |
| Gastos Operativos | $293.3M | $304.2M | $236.6M | $197.1M | $200.1M | $620.4M | $748.9M | $2.44B | $774.4M | $737.3M |
| Beneficio Operativo | $100.5M | $26.9M | $47.0M | $28.0M | $14.4M | $822.3M | $567.6M | -$2.21B | $168.7M | $325.6M |
| EBITDA | $117.0M | $43.2M | $60.9M | $46.6M | $32.2M | $917.7M | $665.0M | -$2.12B | $290.1M | $397.2M |
| Gastos por Intereses | $59.5M | $85.0M | $136.7M | $142.9M | $66.0M | $54.9M | $265.7M | $1.22B | $886.7M | $699.3M |
| Beneficio Antes de Impuestos | $100.5M | $26.9M | $47.0M | $28.0M | $14.4M | $822.3M | $567.6M | -$2.21B | $168.7M | $313.1M |
| Impuestos | $13.7M | -$26.6M | $4.8M | $4.2M | $1.8M | $215.4M | $144.0M | -$312.2M | $41.8M | $84.1M |
| Beneficio Neto | $115.4M | $57.7M | $45.5M | $23.8M | $12.6M | $607.0M | $423.6M | -$1.90B | $126.9M | $229.0M |
| BPA | $1.97 | $0.47 | $0.37 | $0.05 | $-0.02 | $0.95 | $0.85 | $-22.71 | $0.52 | $1.18 |
| BPA Diluido | $1.94 | $0.47 | $0.37 | $0.05 | $-0.02 | $0.95 | $0.85 | $-22.71 | $0.52 | $1.18 |
| Acciones en Circulación (Diluidas) | $120.2M | $121.6M | $123.6M | $119.0M | $116.9M | $117.3M | $143.0M | $143.0M | $168.7M | $160.1M |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Caja y Equivalentes | $440.5M | $387.7M | $391.6M | $373.5M | $220.8M | $228.1M | $2.24B | $5.38B | $2.50B | $2.31B |
| Inversiones a Corto | $2.38B | $2.58B | $1.99B | $912.6M | $1.23B | $1.32B | $4.84B | $2.35B | $2.25B | $4.92B |
| Cuentas por Cobrar | $16.0M | $8.7M | $2.7M | $4.2M | $1.1M | $8.0M | $247.0M | $172.8M | $143.5M | 0 |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $2.84B | $2.97B | $2.39B | $1.29B | $1.45B | $1.55B | $7.36B | $7.94B | $4.93B | $7.23B |
| Inmovilizado Material | $140.9M | $135.7M | $129.4M | $150.6M | $141.2M | $112.9M | $584.8M | $624.2M | $549.8M | $146.7M |
| Fondo de Comercio | $37.1M | $37.1M | $37.1M | $37.1M | $37.1M | $94.3M | $1.38B | $198.6M | $214.5M | $214.5M |
| Activos Intangibles | $53.6M | $43.1M | $6.3M | $4.2M | $2.6M | $6.4M | $31.4M | $165.5M | $132.9M | $105.3M |
| Activos Totales | $11.03B | $10.33B | $10.63B | $7.83B | $7.88B | $9.43B | $41.23B | $38.53B | $33.54B | $34.80B |
| Cuentas por Pagar | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deuda a Corto | 0 | 0 | 0 | 0 | 0 | $25.0M | 0 | $2.62B | 0 | 0 |
| Pasivos Corrientes | $9.22B | $7.43B | $7.99B | $5.52B | $6.16B | $7.58B | $34.05B | $33.02B | $27.19B | $28.24B |
| Deuda a Largo | $733.3M | $1.87B | $1.69B | $1.37B | $796.1M | $750.4M | $2.63B | $1.23B | $2.33B | $3.02B |
| Pasivos Totales | $10.05B | $9.32B | $9.68B | $6.92B | $6.98B | $8.36B | $37.28B | $35.14B | $30.04B | $31.26B |
| Reservas | $134.5M | $144.8M | $141.0M | $127.7M | $110.2M | $147.9M | $1.42B | -$518.3M | -$431.2M | -$242.0M |
| Patrimonio Neto | $980.2M | $1.01B | $945.5M | $907.2M | $897.2M | $1.07B | $3.95B | $3.39B | $3.50B | $3.54B |
| Deuda Total | $733.3M | $1.87B | $1.69B | $1.39B | $816.8M | $816.1M | $2.63B | $3.85B | $2.33B | $3.02B |
| Deuda Neta | -$2.09B | -$1.10B | -$690.9M | $106.1M | -$635.5M | -$727.7M | -$4.45B | -$3.88B | -$2.42B | -$4.21B |
| Capital Circulante | -$6.39B | -$4.46B | -$5.60B | -$4.23B | -$4.70B | -$6.03B | -$26.69B | -$25.08B | -$22.26B | -$21.01B |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Beneficio Neto | $115.4M | $57.7M | $45.5M | $23.8M | $12.6M | $607.0M | $423.6M | -$1.90B | $126.9M | $229.0M |
| Amortizaciones | $16.5M | $16.4M | $13.9M | $18.6M | $17.8M | $95.3M | $97.4M | $91.3M | $121.4M | $101.0M |
| Compensación en Acciones | $11.9M | $12.1M | $6.6M | $5.0M | $5.8M | $32.2M | $34.8M | $28.7M | $15.4M | $23.4M |
| Cambio en Capital Circulante | -$15.3M | -$64.2M | $19.6M | -$19.1M | -$8.8M | -$108.5M | -$5.4M | -$169.6M | -$207.8M | -$103.9M |
| Flujo de Caja Operativo | $18.1M | $563.0M | $123.0M | $80.3M | $74.9M | $503.0M | $702.0M | $135.8M | $77.4M | $255.6M |
| Inversiones (CapEx) | -$44.7M | -$15.3M | -$9.0M | -$10.5M | -$5.1M | -$48.0M | -$120.9M | -$15.2M | -$13.0M | -$20.8M |
| Adquisiciones | $247.2M | $56.1M | 0 | 0 | 0 | $3.76B | 0 | $335.3M | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | -$1.0M | -$13.0M | -$100.8M | -$9.5M | 0 | 0 | -$187.7M |
| Dividendos Pagados | -$41.5M | -$46.2M | -$54.7M | -$31.3M | -$25.7M | -$127.8M | -$139.6M | -$88.7M | -$108.1M | -$103.7M |
| Flujo de Caja Libre | -$26.6M | $547.7M | $114.0M | $69.8M | $69.8M | $454.9M | $581.1M | $120.5M | $64.3M | $234.8M |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Crecimiento Ingresos (anual) | -6.0% | +4.9% | -10.2% | -23.2% | +331.6% | +20.3% | -6.5% | +24.6% | -3.3% | |
| Crecimiento Beneficio Neto (anual) | -50.0% | -21.2% | -47.8% | -47.1% | +4727.1% | -30.2% | -548.3% | +106.7% | +80.5% | |
| Crecimiento BPA (anual) | -76.1% | -21.3% | -86.5% | -140.0% | +4850.0% | -10.5% | -2771.8% | +102.3% | +126.9% | |
| Cambio en Acciones (anual) | +1.1% | +1.7% | -3.8% | -1.8% | +0.4% | +21.9% | +0.0% | +18.0% | -5.1% | |
| Crecimiento FCF (anual) | +2161.3% | -79.2% | -38.8% | -0.0% | +552.0% | +27.7% | -79.3% | -46.6% | +265.0% | |
| Margen Bruto | 86.5% | 77.4% | 63.2% | 55.8% | 69.3% | 108.0% | 81.9% | 15.1% | 50.4% | 58.7% |
| Margen Operativo | 22.1% | 6.3% | 10.5% | 6.9% | 4.6% | 61.6% | 35.3% | -147.2% | 9.0% | 18.0% |
| Margen EBITDA | 25.7% | 10.1% | 13.6% | 11.6% | 10.4% | 68.7% | 41.4% | -141.1% | 15.5% | 21.9% |
| Margen Neto | 25.4% | 13.5% | 10.1% | 5.9% | 4.1% | 45.4% | 26.4% | -126.4% | 6.8% | 12.6% |
| Margen FCF | -5.8% | 128.0% | 25.4% | 17.3% | 22.5% | 34.1% | 36.2% | 8.0% | 3.4% | 13.0% |
| Tasa Impositiva Efectiva | 13.7% | -98.8% | 10.3% | 15.1% | 12.4% | 26.2% | 25.4% | 14.1% | 24.8% | 26.9% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| FCF por Acción | $-0.22 | $4.50 | $0.92 | $0.59 | $0.60 | $3.88 | $4.06 | $0.84 | $0.38 | $1.47 |
| Dividendo por Acción | $0.34 | $0.38 | $0.44 | $0.26 | $0.22 | $1.09 | $0.98 | $0.62 | $0.64 | $0.65 |
| Acciones en Circulación (Básicas) | $120.2M | $121.6M | $123.6M | $119.0M | $116.8M | $117.3M | $143.0M | $143.0M | $168.4M | $155.4M |
Qué mirar en empresas de Financial Services
- Efficiency Ratio (≤55%) — Gastos operativos / ingresos. Bancos top por debajo del 55%.
- ROA (≥1%) — Cuánto ganan por cada euro de activos. En banca el ROE engaña por el apalancamiento.
- ROTCE (≥12%) — Rentabilidad sobre Capital Tangible. Descuenta goodwill e intangibles.
- Capital / Activos (proxy Tier 1) (≥8%) — Proxy del ratio de capital. FMP no expone Tier 1 regulatorio directo.
- P/B (1,0-1,5x) — Métrica clásica bancaria. <1x puede ser oportunidad o distress.
- Rentabilidad por dividendo sostenible (≥2%, <8%) — Bancos UE pagan 5-7% sin estrés. >8% es señal de distress.
Rentabilidad
| Rentabilidad sobre capital | 6.47% |
| Rentabilidad sobre capital invertido | 3.63% |
| Rentabilidad sobre activos | 0.66% |
| Margen bruto | 53.06% |
| Margen operativo | -1.96% |
| Margen neto | -1.19% |
Salud financiera
| Deuda / Patrimonio | 0.95 |
| Ratio corriente | 0.27 |
| Piotroski F-Score | 7 |
| Altman Z-Score | -0.59 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 8.81 | 43.94 | 35.97 | 343.60 | -735.50 | 20.65 | 18.74 | -0.59 | 29.73 | 16.35 |
| P/VC | 2.13 | 2.48 | 1.74 | 2.25 | 1.92 | 2.16 | 0.58 | 0.57 | 0.74 | 0.85 |
| P/V | 4.58 | 5.87 | 3.67 | 5.07 | 5.55 | 1.72 | 1.42 | 1.28 | 1.39 | 1.66 |
| Margen Bruto | 86.5% | 77.4% | 63.2% | 55.8% | 69.3% | 108.0% | 81.9% | 15.1% | 50.4% | 58.7% |
| Margen Operativo | 22.1% | 6.3% | 10.5% | 6.9% | 4.6% | 61.6% | 35.3% | -147.2% | 9.0% | 18.0% |
| Margen Neto | 25.4% | 13.5% | 10.1% | 5.9% | 4.1% | 45.4% | 26.4% | -126.4% | 6.8% | 12.6% |
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Explorar sector: Financial Services · Banks - Regional
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