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| 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 |
| Sep 30, 2018 | -5.31 Mn |