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Side-by-side financial comparison of BANC OF CALIFORNIA, INC. (BANC) and BLACKBAUD INC (BLKB). Click either name above to swap in a different company.

BANC OF CALIFORNIA, INC. is the larger business by last-quarter revenue ($286.9M vs $281.1M, roughly 1.0× BLACKBAUD INC). BANC OF CALIFORNIA, INC. runs the higher net margin — 25.1% vs 11.1%, a 14.0% gap on every dollar of revenue. On growth, BANC OF CALIFORNIA, INC. posted the faster year-over-year revenue change (7.9% vs 4.2%). Over the past eight quarters, BLACKBAUD INC's revenue compounded faster (-1.1% CAGR vs -23.7%).

Banc of California is an American bank with 80 branches in California, as well as locations in Denver, Colorado, and Durham, North Carolina. The bank is headquartered in Los Angeles, California, with about 2,000 employees nationwide including in New York and Chicago. Banc of California offers a broad range of loan and deposit products and services, focusing on providing banking and treasury management services to small-, middle-market, and venture-backed businesses.

Blackbaud, Inc. is a cloud computing provider that supports nonprofits, foundations, corporations, education institutions, healthcare organizations, religious organizations, and individual change agents. Its products focus on fundraising, website management, CRM, analytics, financial management, ticketing, and education administration.

BANC vs BLKB — Head-to-Head

Bigger by revenue
BANC
BANC
1.0× larger
BANC
$286.9M
$281.1M
BLKB
Growing faster (revenue YoY)
BANC
BANC
+3.7% gap
BANC
7.9%
4.2%
BLKB
Higher net margin
BANC
BANC
14.0% more per $
BANC
25.1%
11.1%
BLKB
Faster 2-yr revenue CAGR
BLKB
BLKB
Annualised
BLKB
-1.1%
-23.7%
BANC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BANC
BANC
BLKB
BLKB
Revenue
$286.9M
$281.1M
Net Profit
$72.0M
$31.1M
Gross Margin
59.2%
Operating Margin
18.3%
Net Margin
25.1%
11.1%
Revenue YoY
7.9%
4.2%
Net Profit YoY
34.3%
620.3%
EPS (diluted)
$0.39
$0.67

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BANC
BANC
BLKB
BLKB
Q1 26
$286.9M
$281.1M
Q4 25
$458.5M
$295.3M
Q3 25
$466.8M
$281.1M
Q2 25
$453.1M
$282.0M
Q1 25
$440.3M
$269.9M
Q4 24
$453.5M
$302.1M
Q3 24
$431.4M
$286.6M
Q2 24
$492.4M
$287.3M
Net Profit
BANC
BANC
BLKB
BLKB
Q1 26
$72.0M
$31.1M
Q4 25
$77.4M
$36.7M
Q3 25
$69.6M
$47.5M
Q2 25
$28.4M
$26.5M
Q1 25
$53.6M
$4.3M
Q4 24
$56.9M
$-346.4M
Q3 24
$8.8M
$18.3M
Q2 24
$30.3M
$21.2M
Gross Margin
BANC
BANC
BLKB
BLKB
Q1 26
59.2%
Q4 25
58.3%
Q3 25
59.6%
Q2 25
59.7%
Q1 25
57.5%
Q4 24
53.8%
Q3 24
54.9%
Q2 24
56.0%
Operating Margin
BANC
BANC
BLKB
BLKB
Q1 26
18.3%
Q4 25
21.8%
20.0%
Q3 25
19.8%
19.4%
Q2 25
10.6%
20.3%
Q1 25
16.6%
7.3%
Q4 24
15.5%
-121.5%
Q3 24
2.7%
14.4%
Q2 24
9.1%
14.4%
Net Margin
BANC
BANC
BLKB
BLKB
Q1 26
25.1%
11.1%
Q4 25
16.9%
12.4%
Q3 25
14.9%
16.9%
Q2 25
6.3%
9.4%
Q1 25
12.2%
1.6%
Q4 24
12.6%
-114.6%
Q3 24
2.0%
6.4%
Q2 24
6.2%
7.4%
EPS (diluted)
BANC
BANC
BLKB
BLKB
Q1 26
$0.39
$0.67
Q4 25
$0.41
$0.75
Q3 25
$0.38
$0.98
Q2 25
$0.12
$0.55
Q1 25
$0.26
$0.09
Q4 24
$0.29
$-6.82
Q3 24
$-0.01
$0.35
Q2 24
$0.12
$0.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BANC
BANC
BLKB
BLKB
Cash + ST InvestmentsLiquidity on hand
$2.2B
$34.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$34.6M
Total Assets
$34.7B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANC
BANC
BLKB
BLKB
Q1 26
$2.2B
$34.1M
Q4 25
$38.9M
Q3 25
$38.3M
Q2 25
$41.6M
Q1 25
$37.2M
Q4 24
$67.6M
Q3 24
$34.6M
Q2 24
$30.4M
Total Debt
BANC
BANC
BLKB
BLKB
Q1 26
Q4 25
$2.1B
$1.1B
Q3 25
$2.0B
Q2 25
$1.9B
Q1 25
$1.7B
Q4 24
$1.4B
$1.1B
Q3 24
$1.6B
$1.0B
Q2 24
$1.4B
$1.0B
Stockholders' Equity
BANC
BANC
BLKB
BLKB
Q1 26
$3.6B
$34.6M
Q4 25
$3.5B
$85.1M
Q3 25
$3.5B
$108.2M
Q2 25
$3.4B
$72.7M
Q1 25
$3.5B
$17.5M
Q4 24
$3.5B
$126.8M
Q3 24
$3.5B
$544.8M
Q2 24
$3.4B
$577.5M
Total Assets
BANC
BANC
BLKB
BLKB
Q1 26
$34.7B
$2.1B
Q4 25
$34.8B
$2.4B
Q3 25
$34.0B
$2.1B
Q2 25
$34.3B
$2.6B
Q1 25
$33.8B
$2.1B
Q4 24
$33.5B
$2.5B
Q3 24
$33.4B
$2.6B
Q2 24
$35.2B
$3.0B
Debt / Equity
BANC
BANC
BLKB
BLKB
Q1 26
Q4 25
0.58×
13.06×
Q3 25
0.58×
Q2 25
0.56×
Q1 25
0.47×
Q4 24
0.40×
8.50×
Q3 24
0.46×
1.84×
Q2 24
0.42×
1.78×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BANC
BANC
BLKB
BLKB
Operating Cash FlowLast quarter
$51.5M
Free Cash FlowOCF − Capex
$37.0M
FCF MarginFCF / Revenue
13.2%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.65×
TTM Free Cash FlowTrailing 4 quarters
$294.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BANC
BANC
BLKB
BLKB
Q1 26
$51.5M
Q4 25
$255.6M
$58.0M
Q3 25
$75.7M
$139.2M
Q2 25
$62.7M
$66.9M
Q1 25
$15.1M
$1.4M
Q4 24
$77.4M
$73.6M
Q3 24
$46.9M
$104.0M
Q2 24
$39.1M
$53.1M
Free Cash Flow
BANC
BANC
BLKB
BLKB
Q1 26
$37.0M
Q4 25
$234.8M
$55.0M
Q3 25
$75.5M
$135.7M
Q2 25
$61.4M
$66.3M
Q1 25
$13.6M
$712.0K
Q4 24
$64.3M
$73.4M
Q3 24
$44.6M
$102.9M
Q2 24
$34.4M
$48.0M
FCF Margin
BANC
BANC
BLKB
BLKB
Q1 26
13.2%
Q4 25
51.2%
18.6%
Q3 25
16.2%
48.3%
Q2 25
13.6%
23.5%
Q1 25
3.1%
0.3%
Q4 24
14.2%
24.3%
Q3 24
10.3%
35.9%
Q2 24
7.0%
16.7%
Capex Intensity
BANC
BANC
BLKB
BLKB
Q1 26
Q4 25
4.5%
1.0%
Q3 25
0.0%
1.2%
Q2 25
0.3%
0.2%
Q1 25
0.3%
0.3%
Q4 24
2.9%
0.1%
Q3 24
0.5%
0.4%
Q2 24
1.0%
1.8%
Cash Conversion
BANC
BANC
BLKB
BLKB
Q1 26
1.65×
Q4 25
3.30×
1.58×
Q3 25
1.09×
2.93×
Q2 25
2.21×
2.53×
Q1 25
0.28×
0.32×
Q4 24
1.36×
Q3 24
5.34×
5.69×
Q2 24
1.29×
2.50×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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