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

COVENANT LOGISTICS GROUP, INC. is the larger business by last-quarter revenue ($307.2M vs $286.9M, roughly 1.1× BANC OF CALIFORNIA, INC.). BANC OF CALIFORNIA, INC. runs the higher net margin — 25.1% vs 1.4%, a 23.6% gap on every dollar of revenue. On growth, COVENANT LOGISTICS GROUP, INC. posted the faster year-over-year revenue change (14.0% vs 7.9%). Over the past eight quarters, COVENANT LOGISTICS GROUP, INC.'s revenue compounded faster (3.4% 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.

Covenant Logistics Group, Inc. is an American company focused on truckload shipping. The company is headquartered in Chattanooga, Tennessee, and is publicly traded on the New York Stock Exchange. The company provides temperature controlled trucking, regional delivery, and longhaul team driver delivery.

BANC vs CVLG — Head-to-Head

Bigger by revenue
CVLG
CVLG
1.1× larger
CVLG
$307.2M
$286.9M
BANC
Growing faster (revenue YoY)
CVLG
CVLG
+6.2% gap
CVLG
14.0%
7.9%
BANC
Higher net margin
BANC
BANC
23.6% more per $
BANC
25.1%
1.4%
CVLG
Faster 2-yr revenue CAGR
CVLG
CVLG
Annualised
CVLG
3.4%
-23.7%
BANC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BANC
BANC
CVLG
CVLG
Revenue
$286.9M
$307.2M
Net Profit
$72.0M
$4.4M
Gross Margin
Operating Margin
2.0%
Net Margin
25.1%
1.4%
Revenue YoY
7.9%
14.0%
Net Profit YoY
34.3%
-32.7%
EPS (diluted)
$0.39
$0.17

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
CVLG
CVLG
Q1 26
$286.9M
$307.2M
Q4 25
$458.5M
$295.4M
Q3 25
$466.8M
$296.9M
Q2 25
$453.1M
$302.9M
Q1 25
$440.3M
$269.4M
Q4 24
$453.5M
$277.3M
Q3 24
$431.4M
$287.9M
Q2 24
$492.4M
$287.5M
Net Profit
BANC
BANC
CVLG
CVLG
Q1 26
$72.0M
$4.4M
Q4 25
$77.4M
Q3 25
$69.6M
$9.1M
Q2 25
$28.4M
$9.8M
Q1 25
$53.6M
$6.6M
Q4 24
$56.9M
Q3 24
$8.8M
$13.0M
Q2 24
$30.3M
$12.2M
Operating Margin
BANC
BANC
CVLG
CVLG
Q1 26
2.0%
Q4 25
21.8%
-8.2%
Q3 25
19.8%
2.7%
Q2 25
10.6%
3.8%
Q1 25
16.6%
2.8%
Q4 24
15.5%
3.1%
Q3 24
2.7%
5.6%
Q2 24
9.1%
5.4%
Net Margin
BANC
BANC
CVLG
CVLG
Q1 26
25.1%
1.4%
Q4 25
16.9%
Q3 25
14.9%
3.1%
Q2 25
6.3%
3.2%
Q1 25
12.2%
2.4%
Q4 24
12.6%
Q3 24
2.0%
4.5%
Q2 24
6.2%
4.2%
EPS (diluted)
BANC
BANC
CVLG
CVLG
Q1 26
$0.39
$0.17
Q4 25
$0.41
$-0.68
Q3 25
$0.38
$0.35
Q2 25
$0.12
$0.36
Q1 25
$0.26
$0.24
Q4 24
$0.29
$0.25
Q3 24
$-0.01
$0.47
Q2 24
$0.12
$0.44

Balance Sheet & Financial Strength

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

Metric
BANC
BANC
CVLG
CVLG
Cash + ST InvestmentsLiquidity on hand
$2.2B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$407.6M
Total Assets
$34.7B
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANC
BANC
CVLG
CVLG
Q1 26
$2.2B
Q4 25
$4.9M
Q3 25
$2.7M
Q2 25
$143.0K
Q1 25
$11.2M
Q4 24
$35.6M
Q3 24
$35.2M
Q2 24
$1.3M
Total Debt
BANC
BANC
CVLG
CVLG
Q1 26
Q4 25
$2.1B
$261.7M
Q3 25
$2.0B
$233.3M
Q2 25
$1.9B
$245.8M
Q1 25
$1.7B
$216.3M
Q4 24
$1.4B
$221.6M
Q3 24
$1.6B
$231.4M
Q2 24
$1.4B
$235.0M
Stockholders' Equity
BANC
BANC
CVLG
CVLG
Q1 26
$3.6B
$407.6M
Q4 25
$3.5B
$404.0M
Q3 25
$3.5B
$423.7M
Q2 25
$3.4B
$416.9M
Q1 25
$3.5B
$443.6M
Q4 24
$3.5B
$438.3M
Q3 24
$3.5B
$431.6M
Q2 24
$3.4B
$419.4M
Total Assets
BANC
BANC
CVLG
CVLG
Q1 26
$34.7B
$1.0B
Q4 25
$34.8B
$1.0B
Q3 25
$34.0B
$1.0B
Q2 25
$34.3B
$1.0B
Q1 25
$33.8B
$980.0M
Q4 24
$33.5B
$997.6M
Q3 24
$33.4B
$1.0B
Q2 24
$35.2B
$995.0M
Debt / Equity
BANC
BANC
CVLG
CVLG
Q1 26
Q4 25
0.58×
0.65×
Q3 25
0.58×
0.55×
Q2 25
0.56×
0.59×
Q1 25
0.47×
0.49×
Q4 24
0.40×
0.51×
Q3 24
0.46×
0.54×
Q2 24
0.42×
0.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BANC
BANC

Segment breakdown not available.

CVLG
CVLG

Freight revenue$281.9M92%
Other$25.2M8%

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