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Side-by-side financial comparison of BANC OF CALIFORNIA, INC. (BANC) and CATALYST PHARMACEUTICALS, INC. (CPRX). 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 $152.6M, roughly 1.9× CATALYST PHARMACEUTICALS, INC.). CATALYST PHARMACEUTICALS, INC. runs the higher net margin — 34.5% vs 25.1%, a 9.5% gap on every dollar of revenue. On growth, BANC OF CALIFORNIA, INC. posted the faster year-over-year revenue change (7.9% vs 7.6%). Over the past eight quarters, CATALYST PHARMACEUTICALS, INC.'s revenue compounded faster (24.5% 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.

Catalyst Pharmaceuticals, Inc. is a biopharmaceutical company based in Coral Gables, Florida, United States. The company develops medicines for rare diseases, including the phosphate salt of amifampridine for the treatment of Lambert–Eaton myasthenic syndrome (LEMS). The drug is referred to under the trade name Firdapse, which was approved by the FDA for approved use in children 6 years and older with LEMS in addition to the prior approval for use in adults with LEMS on November 28, 2018. Fir...

BANC vs CPRX — Head-to-Head

Bigger by revenue
BANC
BANC
1.9× larger
BANC
$286.9M
$152.6M
CPRX
Growing faster (revenue YoY)
BANC
BANC
+0.3% gap
BANC
7.9%
7.6%
CPRX
Higher net margin
CPRX
CPRX
9.5% more per $
CPRX
34.5%
25.1%
BANC
Faster 2-yr revenue CAGR
CPRX
CPRX
Annualised
CPRX
24.5%
-23.7%
BANC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BANC
BANC
CPRX
CPRX
Revenue
$286.9M
$152.6M
Net Profit
$72.0M
$52.7M
Gross Margin
82.9%
Operating Margin
40.5%
Net Margin
25.1%
34.5%
Revenue YoY
7.9%
7.6%
Net Profit YoY
34.3%
-5.8%
EPS (diluted)
$0.39
$0.40

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
CPRX
CPRX
Q1 26
$286.9M
Q4 25
$458.5M
$152.6M
Q3 25
$466.8M
$148.4M
Q2 25
$453.1M
$146.6M
Q1 25
$440.3M
$141.4M
Q4 24
$453.5M
$141.8M
Q3 24
$431.4M
$128.7M
Q2 24
$492.4M
$122.7M
Net Profit
BANC
BANC
CPRX
CPRX
Q1 26
$72.0M
Q4 25
$77.4M
$52.7M
Q3 25
$69.6M
$52.8M
Q2 25
$28.4M
$52.1M
Q1 25
$53.6M
$56.7M
Q4 24
$56.9M
$55.9M
Q3 24
$8.8M
$43.9M
Q2 24
$30.3M
$40.8M
Gross Margin
BANC
BANC
CPRX
CPRX
Q1 26
Q4 25
82.9%
Q3 25
84.7%
Q2 25
85.9%
Q1 25
87.3%
Q4 24
84.7%
Q3 24
85.0%
Q2 24
87.4%
Operating Margin
BANC
BANC
CPRX
CPRX
Q1 26
Q4 25
21.8%
40.5%
Q3 25
19.8%
44.7%
Q2 25
10.6%
45.2%
Q1 25
16.6%
44.8%
Q4 24
15.5%
44.3%
Q3 24
2.7%
39.6%
Q2 24
9.1%
44.2%
Net Margin
BANC
BANC
CPRX
CPRX
Q1 26
25.1%
Q4 25
16.9%
34.5%
Q3 25
14.9%
35.6%
Q2 25
6.3%
35.6%
Q1 25
12.2%
40.1%
Q4 24
12.6%
39.4%
Q3 24
2.0%
34.1%
Q2 24
6.2%
33.2%
EPS (diluted)
BANC
BANC
CPRX
CPRX
Q1 26
$0.39
Q4 25
$0.41
$0.40
Q3 25
$0.38
$0.42
Q2 25
$0.12
$0.41
Q1 25
$0.26
$0.45
Q4 24
$0.29
$0.44
Q3 24
$-0.01
$0.35
Q2 24
$0.12
$0.33

Balance Sheet & Financial Strength

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

Metric
BANC
BANC
CPRX
CPRX
Cash + ST InvestmentsLiquidity on hand
$2.2B
$709.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$954.3M
Total Assets
$34.7B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANC
BANC
CPRX
CPRX
Q1 26
$2.2B
Q4 25
$709.2M
Q3 25
$689.9M
Q2 25
$652.8M
Q1 25
$580.7M
Q4 24
$517.6M
Q3 24
$442.3M
Q2 24
$375.7M
Total Debt
BANC
BANC
CPRX
CPRX
Q1 26
Q4 25
$2.1B
Q3 25
$2.0B
Q2 25
$1.9B
Q1 25
$1.7B
Q4 24
$1.4B
Q3 24
$1.6B
Q2 24
$1.4B
Stockholders' Equity
BANC
BANC
CPRX
CPRX
Q1 26
$3.6B
Q4 25
$3.5B
$954.3M
Q3 25
$3.5B
$920.2M
Q2 25
$3.4B
$856.0M
Q1 25
$3.5B
$794.3M
Q4 24
$3.5B
$727.6M
Q3 24
$3.5B
$660.9M
Q2 24
$3.4B
$608.7M
Total Assets
BANC
BANC
CPRX
CPRX
Q1 26
$34.7B
Q4 25
$34.8B
$1.1B
Q3 25
$34.0B
$1.1B
Q2 25
$34.3B
$971.9M
Q1 25
$33.8B
$908.9M
Q4 24
$33.5B
$851.4M
Q3 24
$33.4B
$772.0M
Q2 24
$35.2B
$706.4M
Debt / Equity
BANC
BANC
CPRX
CPRX
Q1 26
Q4 25
0.58×
Q3 25
0.58×
Q2 25
0.56×
Q1 25
0.47×
Q4 24
0.40×
Q3 24
0.46×
Q2 24
0.42×

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
CPRX
CPRX
Operating Cash FlowLast quarter
$44.9M
Free Cash FlowOCF − Capex
$44.9M
FCF MarginFCF / Revenue
29.4%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
0.85×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BANC
BANC
CPRX
CPRX
Q1 26
Q4 25
$255.6M
$44.9M
Q3 25
$75.7M
$32.4M
Q2 25
$62.7M
$71.3M
Q1 25
$15.1M
$60.0M
Q4 24
$77.4M
$70.9M
Q3 24
$46.9M
$72.9M
Q2 24
$39.1M
$64.1M
Free Cash Flow
BANC
BANC
CPRX
CPRX
Q1 26
Q4 25
$234.8M
$44.9M
Q3 25
$75.5M
Q2 25
$61.4M
$71.3M
Q1 25
$13.6M
Q4 24
$64.3M
$70.8M
Q3 24
$44.6M
$72.6M
Q2 24
$34.4M
$64.1M
FCF Margin
BANC
BANC
CPRX
CPRX
Q1 26
Q4 25
51.2%
29.4%
Q3 25
16.2%
Q2 25
13.6%
48.6%
Q1 25
3.1%
Q4 24
14.2%
49.9%
Q3 24
10.3%
56.4%
Q2 24
7.0%
52.3%
Capex Intensity
BANC
BANC
CPRX
CPRX
Q1 26
Q4 25
4.5%
0.0%
Q3 25
0.0%
0.0%
Q2 25
0.3%
0.0%
Q1 25
0.3%
0.0%
Q4 24
2.9%
0.1%
Q3 24
0.5%
0.2%
Q2 24
1.0%
0.0%
Cash Conversion
BANC
BANC
CPRX
CPRX
Q1 26
Q4 25
3.30×
0.85×
Q3 25
1.09×
0.61×
Q2 25
2.21×
1.37×
Q1 25
0.28×
1.06×
Q4 24
1.36×
1.27×
Q3 24
5.34×
1.66×
Q2 24
1.29×
1.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BANC
BANC

Segment breakdown not available.

CPRX
CPRX

Firdapse$97.6M64%
Agamree$35.3M23%
Fycompa$19.6M13%

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