Banc Of California (BANC) Deferred Taxes (2010 - 2023)
Banc Of California (BANC) recorded quarterly Deferred Taxes of -$3.7 million in Q3 2023, down 256.26% quarter-over-quarter from $2.4 million in Q2 2023, and down 48.45% on a YoY basis from -$7.3 million in Q3 2022.
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.
- In Q3 2023, Deferred Taxes fell 48.45% year-over-year to -$3.7 million; the TTM figure through Sep 2023 stood at $18.6 million (up 138.65% YoY), while the FY2022 annual figure was $19.1 million, up 226.45% from the prior year.
- Deferred Taxes was -$3.7 million for Q3 2023 at Banc Of California, down from $2.4 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $20.6 million in Q4 2022 to a low of -$6.7 million in Q4 2020.
- Historically, Deferred Taxes has averaged $682421.1 across 5 years, with a median of -$727000.0 in 2023.
- The sharpest annual moves came in 2020 and 2022: Deferred Taxes sank 1250.0% in 2020, then surged 478.46% in 2022.
- A 5-year view of Deferred Taxes shows it stood at $2.0 million in 2019, then plunged 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 slumped by 118.15% to -$3.7 million in 2023.
- The last three Deferred Taxes figures came in at -$3.7 million (Q3 2023), $2.4 million (Q2 2023), and -$727000.0 (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | 3,357.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 671,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | -162,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | -1.07 Mn |
| 10 | Banc Of California | 3.22 Bn | 913.11 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2018 | -597,000.00 |