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Side-by-side financial comparison of BANC OF CALIFORNIA, INC. (BANC) and Federal Realty Investment Trust (FRT). Click either name above to swap in a different company.

Federal Realty Investment Trust is the larger business by last-quarter revenue ($336.0M vs $286.9M, roughly 1.2× BANC OF CALIFORNIA, INC.). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 25.1%, a 13.5% gap on every dollar of revenue. On growth, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs 7.9%). Over the past eight quarters, Federal Realty Investment Trust's revenue compounded faster (6.5% 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.

Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.

BANC vs FRT — Head-to-Head

Bigger by revenue
FRT
FRT
1.2× larger
FRT
$336.0M
$286.9M
BANC
Growing faster (revenue YoY)
FRT
FRT
+0.8% gap
FRT
8.7%
7.9%
BANC
Higher net margin
FRT
FRT
13.5% more per $
FRT
38.6%
25.1%
BANC
Faster 2-yr revenue CAGR
FRT
FRT
Annualised
FRT
6.5%
-23.7%
BANC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BANC
BANC
FRT
FRT
Revenue
$286.9M
$336.0M
Net Profit
$72.0M
$129.7M
Gross Margin
Operating Margin
53.8%
Net Margin
25.1%
38.6%
Revenue YoY
7.9%
8.7%
Net Profit YoY
34.3%
103.5%
EPS (diluted)
$0.39
$1.49

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
FRT
FRT
Q1 26
$286.9M
$336.0M
Q4 25
$458.5M
$336.0M
Q3 25
$466.8M
$322.3M
Q2 25
$453.1M
$311.5M
Q1 25
$440.3M
$309.2M
Q4 24
$453.5M
$311.4M
Q3 24
$431.4M
$303.6M
Q2 24
$492.4M
$296.1M
Net Profit
BANC
BANC
FRT
FRT
Q1 26
$72.0M
$129.7M
Q4 25
$77.4M
$129.7M
Q3 25
$69.6M
$61.6M
Q2 25
$28.4M
$155.9M
Q1 25
$53.6M
$63.8M
Q4 24
$56.9M
$65.5M
Q3 24
$8.8M
$61.0M
Q2 24
$30.3M
$112.0M
Operating Margin
BANC
BANC
FRT
FRT
Q1 26
53.8%
Q4 25
21.8%
53.8%
Q3 25
19.8%
34.3%
Q2 25
10.6%
65.1%
Q1 25
16.6%
35.0%
Q4 24
15.5%
35.1%
Q3 24
2.7%
34.9%
Q2 24
9.1%
53.0%
Net Margin
BANC
BANC
FRT
FRT
Q1 26
25.1%
38.6%
Q4 25
16.9%
38.6%
Q3 25
14.9%
19.1%
Q2 25
6.3%
50.0%
Q1 25
12.2%
20.6%
Q4 24
12.6%
21.0%
Q3 24
2.0%
20.1%
Q2 24
6.2%
37.8%
EPS (diluted)
BANC
BANC
FRT
FRT
Q1 26
$0.39
$1.49
Q4 25
$0.41
$1.49
Q3 25
$0.38
$0.69
Q2 25
$0.12
$1.78
Q1 25
$0.26
$0.72
Q4 24
$0.29
$0.74
Q3 24
$-0.01
$0.70
Q2 24
$0.12
$1.32

Balance Sheet & Financial Strength

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

Metric
BANC
BANC
FRT
FRT
Cash + ST InvestmentsLiquidity on hand
$2.2B
$107.4M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$3.6B
$3.2B
Total Assets
$34.7B
$9.1B
Debt / EquityLower = less leverage
1.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANC
BANC
FRT
FRT
Q1 26
$2.2B
$107.4M
Q4 25
$107.4M
Q3 25
$111.3M
Q2 25
$177.0M
Q1 25
$109.2M
Q4 24
$123.4M
Q3 24
$97.0M
Q2 24
$103.2M
Total Debt
BANC
BANC
FRT
FRT
Q1 26
$5.0B
Q4 25
$2.1B
$5.0B
Q3 25
$2.0B
Q2 25
$1.9B
Q1 25
$1.7B
Q4 24
$1.4B
$4.5B
Q3 24
$1.6B
Q2 24
$1.4B
Stockholders' Equity
BANC
BANC
FRT
FRT
Q1 26
$3.6B
$3.2B
Q4 25
$3.5B
$3.2B
Q3 25
$3.5B
$3.2B
Q2 25
$3.4B
$3.2B
Q1 25
$3.5B
$3.2B
Q4 24
$3.5B
$3.2B
Q3 24
$3.5B
$3.1B
Q2 24
$3.4B
$3.0B
Total Assets
BANC
BANC
FRT
FRT
Q1 26
$34.7B
$9.1B
Q4 25
$34.8B
$9.1B
Q3 25
$34.0B
$8.9B
Q2 25
$34.3B
$8.6B
Q1 25
$33.8B
$8.6B
Q4 24
$33.5B
$8.5B
Q3 24
$33.4B
$8.5B
Q2 24
$35.2B
$8.4B
Debt / Equity
BANC
BANC
FRT
FRT
Q1 26
1.53×
Q4 25
0.58×
1.53×
Q3 25
0.58×
Q2 25
0.56×
Q1 25
0.47×
Q4 24
0.40×
1.42×
Q3 24
0.46×
Q2 24
0.42×

Financial Flow Comparison

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

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