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
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
Dec 31, 2018 -597,000.00