BANC OF CALIFORNIA, INC. (BANC)
Banc of California, Inc. is a financial holding company that, through its subsidiary Banc of California, National Association, delivers a full spectrum of banking products and services across the United States. The company's offerings encompass a variety of deposit solutions, including checking, savings, money market, and retirement accounts, alongside both interest-bearing and non-interest-bearing demand accounts, and certificates of deposit. Banc of California also provides diverse commercial and consumer lending options. Its commercial credit facilities include commercial and industrial loans, financing for commercial real estate and multifamily properties, construction loans, warehouse lending, and Small Business Administration (SBA) loans. For individual clients, available products feature single-family residential mortgages, home equity lines of credit (HELOCs), indirect/direct leveraged lending, and various other consumer loan types. In addition to core banking, the institution offers a range of supplementary financial services such as automated bill payment, comprehensive cash and treasury management, foreign exchange, various card payment solutions, remote and mobile deposit capture, automated clearing house (ACH) origination, wire transfers, direct deposit, and internet banking. Further services extend to master demand accounts, interest rate swaps, and secure safe deposit boxes. The company strategically invests in a diverse portfolio, including collateralized loan obligations (CLOs), agency securities, municipal bonds, agency residential mortgage-backed securities (RMBS), and corporate debt instruments. As of December 31, 2020, Banc of California maintained a physical presence with 29 full-service branches located throughout Southern California. Established in 1941 and headquartered in Santa Ana, California, the company rebranded to Banc of California, Inc. in July 2013, having previously been known as First PacTrust Bancorp, Inc.
Sector: National Commercial Banks
Industry: Banks - Regional
Banc of California, Inc.
NYSE:BANCFinancial Services · Banks - Regional
+0.11%$17.98
CLOSED · Nov 6Prev close$17.96+0.11%Close$17.980.00%AH close$17.98
AH$17.98+0.00%vs close
Mkt Cap$2.85B
Float146.45M
O/S158.46M
VOL1.43M sh
$ Vol$25.69M
RVOL0.65×
Inst Own100.5%
SI7.7%
Div Yield2.56%
Dilution
Financials Summary
Revenue$1.81B
Net Income$228.97M
Total Assets$34.8B
Free Cash Flow$234.77M
Debt & Equity
Debt 43%
Equity 50%
Preferred 7%
Total Debt$3.02B
Total Equity$3.54B
Preferred Stock$498.52M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BANC's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$34.8B
Liabilities$31.26B
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$146.7M
Goodwill$214.52M
Intangible Assets$105.29M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
| Revenue | $1.81B | $1.87B | $1.5B | $1.61B | $1.34B | $309.48M | $403.23M | $448.97M | $428.02M | $455.16M | $315.19M | $326.95M | $204.61M | $78.8M | $33.2M | $41.69M | $48.48M | $48.1M | $48.1M | $47.73M | $37.8M | $33.28M | $29M | $22.88M | $12.67M | $11.85M |
| YoY Growth | -3.3% | 24.6% | -6.5% | 20.3% | 331.6% | -23.2% | -10.2% | 4.9% | -6.0% | 44.4% | -3.6% | 59.8% | 159.6% | 137.3% | -20.4% | -14.0% | 0.8% | -0.0% | 0.8% | 26.3% | 13.6% | 14.8% | 26.7% | 80.6% | 7.0% | - |
| Cost of Revenue | $747.7M | $929.46M | $1.28B | $290.23M | -$107.09M | $95.03M | $178.12M | $165.35M | $96.89M | $61.42M | $52.42M | $46.65M | $33.63M | $14.23M | $11.43M | $19.75M | $35.27M | $36.57M | $30.43M | $26.92M | $16.95M | $11.66M | $10.43M | $9.22M | $11.64M | $10.76M |
| Gross Profit | $1.06B | $943.09M | $226.38M | $1.32B | $1.44B | $214.44M | $225.11M | $283.62M | $331.13M | $393.74M | $262.77M | $280.3M | $170.98M | $64.57M | $21.78M | $21.95M | $13.21M | $11.53M | $17.67M | $20.79M | $20.84M | $21.62M | $18.57M | $13.66M | $1.03M | $1.09M |
| Gross Margin | 58.7% | 50.4% | 15.1% | 81.9% | 108.0% | 69.3% | 55.8% | 63.2% | 77.4% | 86.5% | 83.4% | 85.7% | 83.6% | 81.9% | 65.6% | 52.6% | 27.2% | 24.0% | 36.7% | 43.5% | 55.1% | 65.0% | 64.0% | 59.7% | 8.1% | 9.2% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $557.79M | $412.18M | $468.02M | $432.32M | $385.81M | $96.81M | $114.34M | $122.64M | $134.47M | $153.04M | $118.31M | $167.9M | $115.05M | $42.94M | $14.39M | $10.1M | $9.82M | $9.99M | $7.62M | $7.81M | $7.71M | $7.41M | $6.4M | $4.89M | $1.11M | $0 |
| Other | $179.47M | $362.26M | $1.97B | $316.62M | $234.57M | $103.27M | $82.8M | $113.99M | $169.77M | $140.21M | $75.29M | $85.94M | $48.03M | $15.52M | $10.41M | $7.99M | $6.08M | $3.54M | $6.46M | $5.75M | $5.66M | $5.25M | $5.11M | $4.18M | -$3.69M | -$956K |
| Total Operating Expenses | $737.27M | $774.43M | $2.44B | $748.95M | $620.39M | $200.08M | $197.13M | $236.63M | $304.24M | $293.25M | $193.61M | $253.84M | $163.08M | $58.46M | $24.8M | $18.09M | $15.9M | $13.52M | $14.08M | $13.56M | $13.41M | $12.66M | $11.51M | $9.07M | -$2.58M | -$956K |
| Operating Income (EBIT) | $325.57M | $168.65M | -$2.21B | $567.57M | $822.33M | $14.36M | $27.98M | $46.99M | $26.89M | $100.49M | $69.17M | $26.47M | $7.91M | $6.11M | -$3.02M | $3.86M | -$2.69M | -$1.99M | $3.58M | $7.25M | $7.43M | $8.96M | $7.06M | $4.59M | $3.61M | $2.04M |
| Operating Margin | 18.0% | 9.0% | -147.2% | 35.3% | 61.6% | 4.6% | 6.9% | 10.5% | 6.3% | 22.1% | 21.9% | 8.1% | 3.9% | 7.8% | -9.1% | 9.3% | -5.6% | -4.1% | 7.5% | 15.2% | 19.7% | 26.9% | 24.3% | 20.1% | 28.5% | 17.2% |
| Interest Expense | $699.27M | $886.65M | $1.22B | $265.73M | $54.91M | $66.01M | $142.95M | $136.72M | $85M | $59.5M | $42.62M | $32.86M | $23.28M | $8.48M | $6.04M | $10.79M | $17.98M | $23.02M | $28.85M | $26.95M | $16.7M | $11.43M | $9.16M | $8.11M | $11.57M | $10.31M |
| Interest Income | $1.68B | $1.81B | $1.97B | $1.56B | $1.16B | $290.61M | $391.11M | $422.8M | $389.19M | $369.84M | $253.81M | $188.14M | $119.31M | $54.68M | $34.96M | $40.73M | $46.58M | $45.38M | $45.71M | $45.51M | $35.65M | $31.73M | $27.72M | $21.83M | $21.82M | $18.7M |
| Other Income (Expense) | -$12.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $313.07M | $168.65M | -$2.21B | $567.57M | $822.33M | $14.36M | $27.98M | $46.99M | $26.89M | $100.49M | $69.17M | $26.47M | $7.91M | $6.11M | -$3.02M | $3.86M | -$2.69M | -$1.99M | $3.58M | $7.25M | $7.43M | $8.96M | $7.06M | $4.59M | $3.61M | $2.04M |
| Income Tax Expense | $84.1M | $41.77M | -$312.2M | $143.96M | $215.38M | $1.79M | $4.22M | $4.84M | -$26.58M | $13.75M | $28.05M | -$3.74M | $7.99M | $115K | -$296K | $1.04M | -$1.7M | -$1.46M | $624K | $2.53M | $2.63M | $3.89M | $2.96M | $1.96M | $1.51M | $300K |
| Net Income | $228.97M | $126.89M | -$1.9B | $423.61M | $606.96M | $12.57M | $23.76M | $45.47M | $57.71M | $115.42M | $62.07M | $30.32M | -$84K | $6M | -$2.73M | $2.83M | -$999K | -$529K | $2.96M | $4.71M | $4.81M | $5.08M | $4.1M | $2.64M | $2.1M | $1.74M |
| Net Income Margin | 12.6% | 6.8% | -126.4% | 26.4% | 45.4% | 4.1% | 5.9% | 10.1% | 13.5% | 25.4% | 19.7% | 9.3% | -0.0% | 7.6% | -8.2% | 6.8% | -2.1% | -1.1% | 6.2% | 9.9% | 12.7% | 15.2% | 14.1% | 11.5% | 16.5% | 14.7% |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | 1.18 | 0.52 | -22.71 | 0.85 | 0.95 | -0.02 | 0.05 | 0.37 | 0.47 | 1.97 | 1.34 | 0.91 | -0.14 | 0.40 | -0.08 | 0.18 | -0.08 | -0.04 | 0.24 | 0.38 | 0.39 | 0.39 | 0.29 | 0.23 | 0.13 | 0.11 |
| Diluted EPS | 1.18 | 0.52 | -22.71 | 0.85 | 0.95 | -0.02 | 0.05 | 0.37 | 0.47 | 1.94 | 1.34 | 0.91 | -0.14 | 0.40 | -0.08 | 0.18 | -0.08 | -0.04 | 0.23 | 0.37 | 0.38 | 0.39 | 0.28 | 0.23 | 0.13 | 0.11 |
| Weighted Average OS | 155.45M | 168.44M | 142.98M | 142.98M | 117.31M | 116.81M | 118.97M | 123.64M | 121.61M | 120.24M | 106.33M | 86.85M | 40.82M | 34.77M | 34.79M | 15.32M | 12.47M | 12.48M | 12.51M | 12.30M | 12.43M | 12.90M | 14.31M | 15.87M | 15.87M | 15.87M |
| EBITDA | $426.6M | $290.06M | -$2.12B | $664.97M | $917.67M | $32.18M | $46.6M | $60.88M | $43.25M | $117.02M | $84.16M | $37.38M | $14.84M | $8.52M | -$2.37M | $4.25M | -$2.25M | -$1.54M | $4.02M | $7.69M | $7.92M | $9.46M | $7.7M | $5.27M | $4.05M | $2.04M |
| EBITDA Margin | 23.6% | 15.5% | -141.1% | 41.4% | 68.7% | 10.4% | 11.6% | 13.6% | 10.1% | 25.7% | 26.7% | 11.4% | 7.3% | 10.8% | -7.1% | 10.2% | -4.6% | -3.2% | 8.4% | 16.1% | 21.0% | 28.4% | 26.5% | 23.0% | 32.0% | 17.2% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash and Cash Equivalents | $2.31B | $2.5B | $5.38B | $2.24B | $228.12M | $220.82M | $373.47M | $391.59M | $387.7M | $440.51M | $157.62M | $233.1M | $111.96M | $113.67M | $44.48M | $59.1M | $11.02M | $10.4M | $14.15M | $14.74M | $14.11M | $14.13M | $10.96M | $10.65M | $18M | $7.7M |
| Short-Term Investments | $4.92B | $2.25B | $2.35B | $4.84B | $1.32B | $1.23B | $912.58M | $1.99B | $2.58B | $2.38B | $833.6M | $345.69M | $170.02M | $121.42M | $101.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $7.23B | $4.75B | $7.72B | $7.08B | $1.54B | $1.45B | $1.29B | $2.38B | $2.96B | $2.82B | $991.22M | $578.79M | $281.99M | $235.09M | $146.09M | $59.1M | $11.02M | $10.4M | $14.15M | $14.74M | $14.11M | $14.13M | $10.96M | $10.65M | $18M | $7.7M |
| Accounts Receivable | $0 | $143.48M | $172.79M | $247.03M | $7.95M | $1.1M | $4.23M | $2.69M | $8.74M | $16.01M | $604K | $15.11M | $13.86M | $10.55M | $8.92M | $3.53M | $3.94M | $4.01M | $3.85M | $3.96M | $2.97M | $2.25M | $2.12M | $15.54M | $13.15M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $7.23B | $4.93B | $7.94B | $7.36B | $1.55B | $1.45B | $1.29B | $2.39B | $2.97B | $2.84B | $991.82M | $593.91M | $295.85M | $245.64M | $157.42M | $66.15M | $19.96M | $14.41M | $18.01M | $18.7M | $17.08M | $16.39M | $13.09M | $26.19M | $31.15M | $7.7M |
| Long-Term Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $146.7M | $549.83M | $624.25M | $584.82M | $112.87M | $141.15M | $150.56M | $129.39M | $135.7M | $140.92M | $111.54M | $78.69M | $66.26M | $16.15M | $10.59M | $6.34M | $4.29M | $4.45M | $4.75M | $4.91M | $5.18M | $5.28M | $5.37M | $5.16M | $3.86M | $0 |
| Goodwill | $214.52M | $214.52M | $198.63M | $1.38B | $94.3M | $37.14M | $37.14M | $37.14M | $37.14M | $37.14M | $39.24M | $31.59M | $30.14M | $7.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $105.29M | $132.94M | $165.48M | $31.38M | $6.41M | $2.63M | $4.15M | $6.35M | $43.06M | $53.55M | $69.89M | $38.87M | $26.04M | $7.75M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $25.03B | $26.44B | $28.25B | $31.2B | $7.18B | $5.85B | $5.95B | $7.7B | $6.76B | $7.68B | $6.78B | $5.12B | $3.15B | $1.35B | $777.17M | $742.97M | $800.61M | $810.61M | $714.46M | $754.03M | $702.51M | $638.74M | $593.67M | $422.46M | $270.88M | $234.3M |
| Deferred Tax Assets | $656.75M | $720.59M | $739.11M | $281.85M | $50.77M | $45.96M | $44.91M | $49.4M | $31.07M | $9.99M | $11.34M | $16.45M | $0 | $7.57M | $7.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.41B | $548.25M | $615.83M | $395.94M | $392.83M | $350.33M | $355.19M | $325.72M | $344.1M | $265.55M | $231.82M | $94.45M | $60.07M | $45.17M | $46.23M | $46.16M | $69.06M | $47.05M | $37.5M | $30.7M | $30.42M | $14.05M | $11.84M | $6.1M | $4.19M | $58.35M |
| Total Long-Term Assets | $27.57B | $28.61B | $30.59B | $33.87B | $7.84B | $6.42B | $6.54B | $8.24B | $7.36B | $8.19B | $7.24B | $5.38B | $3.33B | $1.44B | $841.62M | $795.47M | $873.96M | $862.11M | $756.71M | $789.64M | $738.11M | $658.07M | $610.88M | $433.73M | $278.93M | $292.65M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $34.8B | $33.54B | $38.53B | $41.23B | $9.43B | $7.88B | $7.83B | $10.63B | $10.33B | $11.03B | $8.24B | $5.97B | $3.63B | $1.69B | $999.04M | $861.62M | $893.92M | $876.52M | $774.72M | $808.34M | $755.18M | $674.46M | $623.96M | $459.92M | $310.08M | $300.35M |
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $2.62B | $0 | $25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $53M | $36.1M | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $92K | $1.24M | $56K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $27.84B | $27.19B | $30.4B | $33.94B | $7.44B | $6.09B | $5.43B | $7.92B | $7.29B | $9.14B | $6.3B | $4.67B | $2.92B | $1.31B | $786.33M | $646.31M | $658.43M | $598.18M | $574.15M | $570.54M | $508.17M | $453.58M | $389.93M | $279.71M | $251.95M | $218.69M |
| Total Current Liabilities | $28.24B | $27.19B | $33.02B | $34.05B | $7.58B | $6.16B | $5.52B | $7.99B | $7.43B | $9.22B | $6.38B | $4.73B | $2.97B | $1.33B | $794.55M | $650.61M | $661.44M | $602.8M | $574.15M | $570.54M | $508.17M | $453.58M | $442.93M | $315.81M | $253.35M | $218.69M |
| Long-Term Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | $3.02B | $2.33B | $1.23B | $2.63B | $750.45M | $796.11M | $1.37B | $1.69B | $1.87B | $733.3M | $1.19B | $726.57M | $332.32M | $156.94M | $20M | $75M | $135M | $175M | $111.7M | $151.2M | $164.2M | $135.5M | $147M | $54M | $28M | $53.8M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $517.27M | $893.61M | $596.73M | -$40.67M | $5.51M | $0 | $0 | $14.13M | $92.69M | $10.94M | $8.36M | $5.43M | $3.48M | $0 | $0 | $0 | $0 | $4.79M | $4.86M | $5.05M | $5.99M | -$50.5M | $1.22M | $0 | $1.4M |
| Total Long-Term Liabilities | $3.02B | $2.85B | $2.12B | $3.23B | $750.45M | $822.27M | $1.39B | $1.7B | $1.88B | $826M | $1.2B | $734.93M | $337.75M | $160.42M | $20M | $75M | $135M | $175M | $116.49M | $156.06M | $169.25M | $141.49M | $96.5M | $55.22M | $28M | $55.2M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $31.26B | $30.04B | $35.14B | $37.28B | $8.36B | $6.98B | $6.92B | $9.68B | $9.32B | $10.05B | $7.58B | $5.47B | $3.3B | $1.5B | $814.55M | $725.61M | $796.44M | $777.8M | $690.64M | $726.6M | $677.41M | $595.07M | $539.42M | $371.04M | $281.36M | $273.89M |
| Stockholders' Equity | ||||||||||||||||||||||||||
| Preferred Stock | $498.52M | $498.52M | $498.52M | $498.52M | $94.96M | $184.88M | $189.82M | $231.13M | $269.07M | $269.07M | $190.75M | $79.88M | $79.88M | $31.93M | $31.93M | $0 | $19.09M | $19.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.5M | $1.69M | $1.69M | $1.23M | $651K | $527K | $525K | $523K | $522K | $539K | $396K | $364K | $216K | $131K | $128K | $109K | $54K | $54K | $54K | $54K | $54K | $54K | $55K | $53K | $0 | $0 |
| Retained Earnings | -$242.02M | -$431.2M | -$518.3M | $1.42B | $147.89M | $110.18M | $127.73M | $140.95M | $144.84M | $134.51M | $63.53M | $29.86M | $16.98M | $26.55M | $27.62M | $35.77M | $35.52M | $38.5M | $42.19M | $41.99M | $39.96M | $37.38M | $34.14M | $31.3M | $28.67M | $0 |
| Comprehensive Income & Other | -$269.26M | -$354.78M | -$432.11M | -$790.9M | $7.74M | $7.75M | -$11.9M | -$24.12M | $5.23M | -$9.04M | -$3M | $373K | -$600K | $1.4M | -$939K | $2.6M | $1.67M | $209K | -$2.02M | -$2.73M | -$5.08M | -$6.15M | -$6.6M | -$4.31M | $52K | $0 |
| Other Stockholders' Equity | $3.78B | $3.93B | $3.91B | $2.53B | $916.75M | $786.5M | $778.99M | $804.06M | $866.95M | $845.18M | $588.48M | $473.36M | $307.67M | $162.08M | $156.74M | $100.13M | $61.92M | $60.17M | $41.83M | $39.69M | $37.75M | $41.95M | $50.35M | $57.52M | $52K | $26.46M |
| Total Equity | $3.54B | $3.5B | $3.39B | $3.95B | $1.07B | $897.21M | $907.25M | $945.53M | $1.01B | $980.24M | $652.4M | $503.59M | $324.87M | $188.76M | $184.5M | $136.01M | $97.48M | $98.72M | $84.08M | $81.74M | $77.77M | $79.39M | $84.54M | $88.88M | $28.72M | $26.46M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $34.8B | $33.54B | $38.53B | $41.23B | $9.43B | $7.88B | $7.83B | $10.63B | $10.33B | $11.03B | $8.24B | $5.97B | $3.63B | $1.69B | $999.04M | $861.62M | $893.92M | $876.52M | $774.72M | $808.34M | $755.18M | $674.46M | $623.96M | $459.92M | $310.08M | $300.35M |
| Supplementary Data | ||||||||||||||||||||||||||
| Total Debt | $3.02B | $2.33B | $3.85B | $2.63B | $816.12M | $816.76M | $1.39B | $1.69B | $1.87B | $733.3M | $1.19B | $726.57M | $332.32M | $156.94M | $20M | $75M | $135M | $175M | $111.7M | $151.2M | $164.2M | $135.5M | $200M | $90.1M | $28M | $53.8M |
| Net Debt | $708.59M | -$168.47M | -$1.53B | $390.89M | $588M | $595.94M | $1.02B | $1.3B | $1.48B | $292.79M | $1.03B | $493.47M | $220.36M | $43.27M | -$24.48M | $15.9M | $123.98M | $163.71M | $97.55M | $136.46M | $150.09M | $121.36M | $189.03M | $79.45M | $10M | $46.1M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 |
| Operating Activities | |||||||||||||||||||||||||
| Net Income | $228.97M | $126.89M | -$1.9B | $423.61M | $606.96M | $12.57M | $23.76M | $45.47M | $57.71M | $115.42M | $62.07M | $30.32M | -$84K | $6M | -$2.73M | $2.83M | -$999K | -$529K | $2.96M | $4.71M | $4.81M | $5.08M | $4.1M | $2.64M | $2.1M |
| Depreciation & Amortization | $101.03M | $121.4M | $91.29M | $97.4M | $95.33M | $17.82M | $18.62M | $13.88M | $16.35M | $16.53M | $14.99M | $10.91M | $6.93M | $2.41M | $650K | $390K | $446K | $447K | $434K | $441K | $488K | $502K | $635K | $675K | $445K |
| Deferred Income Tax | $0 | $0 | $0 | $19.08M | $5.84M | -$9.26M | -$622K | -$5.91M | -$30.37M | $5.61M | $7.28M | -$17.16M | $7.57M | $100K | $1.95M | -$1.2M | $103K | -$5.4M | -$1.18M | $166K | $569K | -$269K | -$127K | -$110K | $30K |
| Stock-Based Compensation | $23.35M | $15.45M | $28.7M | $34.77M | $32.22M | $5.78M | $5.04M | $6.57M | $12.13M | $11.95M | $9.33M | $8.21M | $3.96M | $1.68M | $1.83M | $578K | $123K | $536K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $4.69M | $2.42M | $19.17M | -$15.45M | $24.86M | $2.6M | -$43.2M | -$23.61M | -$4.25M | -$5.87M | -$322K | -$38K | $460K | $263K | -$230K | $0 | $0 | $0 | $0 | $0 | $0 | $136K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$157.4M | -$375.74M | $45.04M | $78.23M | -$11.29M | -$28M | -$3.7M | -$5.26M | -$66.8M | $27.91M | $14.41M | -$8.6M | $5.35M | $346K | $4.86M | $431K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $53.52M | $167.97M | -$214.61M | -$88.35M | -$99.61M | $0 | $0 | $0 | $0 | $0 | $0 | -$7.17M | $3.89M | $5.03M | $1.02M | $12.76M | -$9.38M | -$861K | -$87K | -$1.11M | -$901K | $1.95M | -$450K | $369K | $7K |
| Total Working Capital Change | -$103.88M | -$207.76M | -$169.57M | -$5.43M | -$108.47M | -$8.83M | -$19.14M | $19.6M | -$64.2M | -$15.29M | -$9.2M | -$20.02M | $3.37M | $5.06M | $5.84M | $13.65M | -$9.11M | -$1.09M | -$87K | -$1.11M | -$901K | $1.95M | -$450K | $369K | $143K |
| Other Non-Cash Items | $6.13M | $21.4M | $2.08B | $132.55M | -$128.94M | $56.78M | $52.6M | $43.39M | $571.38M | -$116.1M | -$127.46M | -$639.66M | -$457.25M | -$48.21M | $6.1M | $7.03M | $16.44M | $12.97M | $1.41M | -$444K | $943K | $1.87M | $2.16M | $1.11M | -$1.41M |
| Net Cash from Operating | $255.6M | $77.37M | $135.77M | $701.97M | $502.96M | $74.86M | $80.25M | $123M | $563.01M | $18.11M | -$42.99M | -$627.52M | -$435.49M | -$32.97M | $13.64M | $23.28M | $7M | $6.94M | $3.54M | $3.77M | $5.91M | $9.12M | $6.32M | $4.68M | $1.3M |
| Investing Activities | |||||||||||||||||||||||||
| Capital Expenditures | -$20.83M | -$13.05M | -$15.22M | -$120.86M | -$48.05M | -$5.09M | -$10.48M | -$9M | -$15.32M | -$44.68M | -$83.26M | -$11.66M | -$54.97M | -$6.15M | -$4.89M | -$2.44M | -$295K | -$140K | -$297K | -$216K | -$409K | -$416K | -$632K | -$1.79M | -$676K |
| Acquisitions | $0 | $0 | $335.32M | $0 | $3.76B | $0 | $0 | $0 | $56.12M | $247.22M | -$46.73M | -$23.41M | -$443.25M | $43.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$605.39M | -$835.95M | -$13.44M | -$380.25M | -$6.86B | -$398.92M | -$210.06M | -$527.94M | -$998.22M | -$5.75B | -$2.55B | -$327.07M | -$71.13M | -$78.32M | -$128.97M | -$29.11M | -$40.61M | -$19.37M | -$166K | -$1.91M | -$6.19M | -$17.24M | -$19K | -$13.47M | -$31.61M |
| Sales of Investments | $498.2M | $938.31M | $3.29B | $2.67B | $1.21B | $80.96M | $1.29B | $1.08B | $1.69B | $4.32B | $1.1B | $154.14M | $238.19M | $64.23M | $89.18M | $23.19M | $10.04M | $4.52M | $13.56M | $3K | $74K | $12.66M | $11.76M | $6.68M | $33.83M |
| Other Investing Activities | -$1.35B | $1.8B | $9.01B | -$5.74B | -$3.77B | $56.14M | $1.73B | -$1.01B | -$578.63M | -$1.1B | -$672.12M | -$255.15M | -$972.33M | -$161.31M | -$122.91M | $47.63M | $21.66M | -$95.65M | $30.15M | -$49M | -$72.99M | -$43.72M | -$175.08M | -$149.13M | $0 |
| Net Cash from Investing | -$1.48B | $1.89B | $12.61B | -$3.57B | -$5.71B | -$266.92M | $2.8B | -$469.75M | $151.86M | -$2.32B | -$2.26B | -$463.15M | -$1.3B | -$137.88M | -$167.6M | $39.27M | -$9.21M | -$110.65M | $43.26M | -$51.13M | -$79.52M | -$48.71M | -$163.97M | -$157.72M | $1.54M |
| Financing Activities | |||||||||||||||||||||||||
| Debt Repaid | -$671.9M | $1.52B | -$185.78M | -$1.76B | -$339.1M | $141.43M | $125M | -$255M | -$397.32M | $71.83M | -$102.59M | -$237.84M | - | -$135.93M | $55M | $60M | $40M | -$100M | $39.5M | $13M | -$28.7M | $11.5M | -$56.9M | -$46M | -$7.46M |
| Common Stock Issuance | $77K | $308K | $382.97M | $498.52M | $300K | $0 | $0 | $0 | $0 | $175.08M | $0 | $168.62M | $67.79M | $0 | $26.54M | $52.86M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$187.73M | $0 | $0 | -$9.53M | -$100.83M | -$12.96M | -$1.02M | $0 | $0 | $0 | $0 | -$280K | -$5M | -$565K | -$55K | -$5K | -$45K | -$2.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$63.9M | -$68.3M | -$48.88M | -$120.26M | -$119.44M | -$11.85M | -$15.74M | -$32.73M | -$25.71M | -$21.84M | -$16.95M | -$10.67M | -$6.74M | -$4.66M | -$2.98M | -$1.72M | -$1.55M | -$3.08M | -$3.02M | -$1.93M | -$2.23M | -$1.83M | -$1.27M | $0 | $0 |
| Other Financing Activities | $647.73M | -$3.21B | -$10.09B | -$1.06B | $5.99B | $648.89M | -$2.49B | $620.57M | -$1.85B | $2.83B | $1.68B | $676.89M | $1.52B | $105.67M | $139.43M | -$8.96M | $60.13M | -$12.74M | $3.72M | $62.65M | $54.81M | $63.72M | $110.21M | $27.76M | $0 |
| Net Cash from Financing | $1.03B | -$4.84B | -$9.61B | $1.05B | $6.1B | $39.4M | -$2.89B | $350.64M | -$766.68M | $2.58B | $2.22B | $1.21B | $1.74B | $235.01M | $139.34M | -$38.04M | $17.57M | $101.15M | -$38.99M | $47.48M | $75.17M | $40.33M | $157.72M | $146.54M | $7.46M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$194.25M | -$2.88B | $3.14B | -$1.82B | $888.25M | -$152.65M | -$18.12M | $3.89M | -$51.81M | $283.39M | -$75.08M | $121.08M | $1.48M | $64.17M | -$14.63M | $24.5M | $15.36M | -$2.56M | $7.8M | $122K | $1.56M | $740K | $69K | -$6.5M | $10.3M |
| Supplementary Data | |||||||||||||||||||||||||
| Operating Cash Flow | $255.6M | $77.37M | $135.77M | $701.97M | $502.96M | $74.86M | $80.25M | $123M | $563.01M | $18.11M | -$42.99M | -$627.52M | -$435.49M | -$32.97M | $13.64M | $23.28M | $7M | $6.94M | $3.54M | $3.77M | $5.91M | $9.12M | $6.32M | $4.68M | $1.3M |
| Capital Expenditure | -$20.83M | -$13.05M | -$15.22M | -$120.86M | -$48.05M | -$5.09M | -$10.48M | -$9M | -$15.32M | -$44.68M | -$83.26M | -$11.66M | -$54.97M | -$6.15M | -$4.89M | -$2.44M | -$295K | -$140K | -$297K | -$216K | -$409K | -$416K | -$632K | -$1.79M | -$676K |
| Free Cash Flow | $234.77M | $64.33M | $120.55M | $581.11M | $454.91M | $69.77M | $69.78M | $114M | $547.69M | -$26.57M | -$126.25M | -$639.18M | -$490.45M | -$39.12M | $8.75M | $20.84M | $6.7M | $6.8M | $3.24M | $3.55M | $5.5M | $8.71M | $5.68M | $2.88M | $626K |
| Cash at Beginning | $2.5B | $5.38B | $2.24B | $4.06B | $3.16B | $373.47M | $391.59M | $387.7M | $439.51M | $156.12M | $231.2M | $110.12M | $108.64M | $44.48M | $59.1M | $34.6M | $19.24M | $21.8M | $13.99M | $13.87M | $12.31M | $11.57M | $11.51M | $18M | $7.7M |
| Cash at End | $2.31B | $2.5B | $5.38B | $2.24B | $4.05B | $220.82M | $373.47M | $391.59M | $387.7M | $439.51M | $156.12M | $231.2M | $110.12M | $108.64M | $44.48M | $59.1M | $34.6M | $19.24M | $21.8M | $13.99M | $13.87M | $12.31M | $11.57M | $11.51M | $18M |