Banc Of California (BANC) Deferred Taxes (2010 - 2023)

Banc Of California's (BANC) quarterly Deferred Taxes came in at -$3.7 million in Q3 2023, down 48.45% year-on-year from -$7.3 million in Q3 2022, and down 256.26% quarter-over-quarter from $2.4 million in Q2 2023.

Banc Of California (BANC) Deferred Taxes (2010 - 2023) Analysis & Trends

Banc Of California's Deferred Taxes history runs 13 years deep, the most recent figure standing at -$3.7 million for Q3 2023.

  • On a quarterly basis, Deferred Taxes fell 48.45% year-over-year to -$3.7 million in Q3 2023; TTM through Sep 2023 was $18.6 million, a 138.65% increase from a year earlier, with the FY2022 full-year figure at $19.1 million, up 226.45% from the prior year.
  • Deferred Taxes slipped to -$3.7 million in Q3 2023 per BANC's latest filing, from $2.4 million in the prior quarter.
  • Across five years, Deferred Taxes topped out at $20.6 million in Q4 2022 and bottomed at -$6.7 million in Q4 2020.
  • The 5-year median for Deferred Taxes is -$727000.0 (2023), against an average of $682421.1.
  • Across the five-year window, Deferred Taxes sank 1250.0% in 2020 and jumped 478.46% in 2022, its largest moves.
  • Year by year, Deferred Taxes stood at $2.0 million in 2019, then slumped by 439.03% to -$6.7 million in 2020, then surged by 238.98% to $9.3 million in 2021, then surged by 121.3% to $20.6 million in 2022, then plunged by 118.15% to -$3.7 million in 2023.
  • Per Business Quant, the three latest BANC Deferred Taxes figures stand at -$3.7 million (Q3 2023), $2.4 million (Q2 2023), and -$727000.0 (Q1 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -424,226.09
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - 17.42 Mn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 346,782.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 671,000.00
8 Landmark Bancorp 187.97 Bn 187.94 Bn - -162,000.00
9 Pnc Financial Services 100.96 Bn 101.01 Bn - -102.00 Mn
10 Banc Of California 3.42 Bn 1.11 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2023 -3.74 Mn
Jun 30, 2023 2.40 Mn
Mar 31, 2023 -727,000.00
Dec 31, 2022 20.63 Mn
Sep 30, 2022 -2.52 Mn
Jun 30, 2022 -2.22 Mn
Mar 31, 2022 3.20 Mn
Dec 31, 2021 9.32 Mn
Sep 30, 2021 -1.51 Mn
Jun 30, 2021 -1.12 Mn
Mar 31, 2021 -845,000.00
Dec 31, 2020 -6.71 Mn
Sep 30, 2020 -2.48 Mn
Jun 30, 2020 -644,000.00
Mar 31, 2020 573,000.00
Dec 31, 2019 1.98 Mn
Sep 30, 2019 -4.44 Mn
Jun 30, 2019 56,000.00
Mar 31, 2019 1.79 Mn
Sep 30, 2018 -5.31 Mn