Banc Of California (BANC) Deferred Taxes (2010 - 2023)
Banc Of California (BANC) posted quarterly Deferred Taxes of -$3.7 million for Q3 2023, down 48.45% year-over-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.
- 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 for Q3 2023 stood at -$3.7 million, down from $2.4 million in the prior quarter.
- The five-year high for Deferred Taxes was $20.6 million in Q4 2022, with the low at -$6.7 million in Q4 2020.
- The 5-year median for Deferred Taxes is -$727000.0 (2023), against an average of $682421.1.
- The sharpest annual moves came in 2020 and 2022: Deferred Taxes plunged 1250.0% in 2020, then jumped 478.46% in 2022.
- Banc Of California's Deferred Taxes stood at $2.0 million in 2019, then tumbled by 439.03% to -$6.7 million in 2020, then jumped by 238.98% to $9.3 million in 2021, then jumped by 121.3% to $20.6 million in 2022, then sank by 118.15% to -$3.7 million in 2023.
- Business Quant data shows BANC's Deferred Taxes at -$3.7 million in Q3 2023, $2.4 million in Q2 2023, and -$727000.0 in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 254.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | Banc Of California | 2.91 Bn | 96.24 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 |
| Sep 30, 2018 | -5.31 Mn |