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

IDEX Corporation is the larger business by last-quarter revenue ($398.4M vs $286.9M, roughly 1.4× BANC OF CALIFORNIA, INC.). IDEX Corporation runs the higher net margin — 30.1% vs 25.1%, a 5.0% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (16.7% vs 7.9%). Over the past eight quarters, BANC OF CALIFORNIA, INC.'s revenue compounded faster (-23.7% CAGR vs -29.4%).

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.

IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.

BANC vs IEX — Head-to-Head

Bigger by revenue
IEX
IEX
1.4× larger
IEX
$398.4M
$286.9M
BANC
Growing faster (revenue YoY)
IEX
IEX
+8.8% gap
IEX
16.7%
7.9%
BANC
Higher net margin
IEX
IEX
5.0% more per $
IEX
30.1%
25.1%
BANC
Faster 2-yr revenue CAGR
BANC
BANC
Annualised
BANC
-23.7%
-29.4%
IEX

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
BANC
BANC
IEX
IEX
Revenue
$286.9M
$398.4M
Net Profit
$72.0M
$120.0M
Gross Margin
99.9%
Operating Margin
43.3%
Net Margin
25.1%
30.1%
Revenue YoY
7.9%
16.7%
Net Profit YoY
34.3%
25.7%
EPS (diluted)
$0.39
$1.61

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
IEX
IEX
Q2 26
$398.4M
Q1 26
$286.9M
$407.7M
Q4 25
$458.5M
$899.1M
Q3 25
$466.8M
$878.7M
Q2 25
$453.1M
$865.4M
Q1 25
$440.3M
$814.3M
Q4 24
$453.5M
$862.9M
Q3 24
$431.4M
$798.2M
Net Profit
BANC
BANC
IEX
IEX
Q2 26
$120.0M
Q1 26
$72.0M
$128.3M
Q4 25
$77.4M
$128.3M
Q3 25
$69.6M
$127.8M
Q2 25
$28.4M
$131.6M
Q1 25
$53.6M
$95.5M
Q4 24
$56.9M
$123.2M
Q3 24
$8.8M
$119.1M
Gross Margin
BANC
BANC
IEX
IEX
Q2 26
99.9%
Q1 26
94.9%
Q4 25
43.1%
Q3 25
44.5%
Q2 25
45.3%
Q1 25
45.3%
Q4 24
42.5%
Q3 24
44.3%
Operating Margin
BANC
BANC
IEX
IEX
Q2 26
43.3%
Q1 26
45.0%
Q4 25
21.8%
20.4%
Q3 25
19.8%
21.1%
Q2 25
10.6%
21.7%
Q1 25
16.6%
17.4%
Q4 24
15.5%
19.2%
Q3 24
2.7%
21.0%
Net Margin
BANC
BANC
IEX
IEX
Q2 26
30.1%
Q1 26
25.1%
31.5%
Q4 25
16.9%
14.3%
Q3 25
14.9%
14.5%
Q2 25
6.3%
15.2%
Q1 25
12.2%
11.7%
Q4 24
12.6%
14.3%
Q3 24
2.0%
14.9%
EPS (diluted)
BANC
BANC
IEX
IEX
Q2 26
$1.61
Q1 26
$0.39
$1.71
Q4 25
$0.41
$1.71
Q3 25
$0.38
$1.70
Q2 25
$0.12
$1.74
Q1 25
$0.26
$1.26
Q4 24
$0.29
$1.61
Q3 24
$-0.01
$1.57

Balance Sheet & Financial Strength

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

Metric
BANC
BANC
IEX
IEX
Cash + ST InvestmentsLiquidity on hand
$2.2B
$586.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$4.0B
Total Assets
$34.7B
$6.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANC
BANC
IEX
IEX
Q2 26
$586.2M
Q1 26
$2.2B
$580.0M
Q4 25
$580.0M
Q3 25
$593.8M
Q2 25
$568.2M
Q1 25
$594.1M
Q4 24
$620.8M
Q3 24
$633.2M
Total Debt
BANC
BANC
IEX
IEX
Q2 26
Q1 26
Q4 25
$2.1B
$1.8B
Q3 25
$2.0B
$1.9B
Q2 25
$1.9B
$1.9B
Q1 25
$1.7B
$2.0B
Q4 24
$1.4B
$2.0B
Q3 24
$1.6B
$2.1B
Stockholders' Equity
BANC
BANC
IEX
IEX
Q2 26
$4.0B
Q1 26
$3.6B
$4.0B
Q4 25
$3.5B
$4.0B
Q3 25
$3.5B
$4.0B
Q2 25
$3.4B
$4.0B
Q1 25
$3.5B
$3.9B
Q4 24
$3.5B
$3.8B
Q3 24
$3.5B
$3.8B
Total Assets
BANC
BANC
IEX
IEX
Q2 26
$6.9B
Q1 26
$34.7B
$6.9B
Q4 25
$34.8B
$6.9B
Q3 25
$34.0B
$7.0B
Q2 25
$34.3B
$6.9B
Q1 25
$33.8B
$6.8B
Q4 24
$33.5B
$6.7B
Q3 24
$33.4B
$7.0B
Debt / Equity
BANC
BANC
IEX
IEX
Q2 26
Q1 26
Q4 25
0.58×
0.45×
Q3 25
0.58×
0.48×
Q2 25
0.56×
0.46×
Q1 25
0.47×
0.50×
Q4 24
0.40×
0.52×
Q3 24
0.46×
0.55×

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
IEX
IEX
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$86.0M
FCF MarginFCF / Revenue
21.6%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$654.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BANC
BANC
IEX
IEX
Q2 26
Q1 26
Q4 25
$255.6M
$209.5M
Q3 25
$75.7M
$203.5M
Q2 25
$62.7M
$161.7M
Q1 25
$15.1M
$105.7M
Q4 24
$77.4M
$172.6M
Q3 24
$46.9M
$205.3M
Free Cash Flow
BANC
BANC
IEX
IEX
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$234.8M
$189.8M
Q3 25
$75.5M
$188.7M
Q2 25
$61.4M
$146.9M
Q1 25
$13.6M
$91.4M
Q4 24
$64.3M
$157.1M
Q3 24
$44.6M
$191.6M
FCF Margin
BANC
BANC
IEX
IEX
Q2 26
21.6%
Q1 26
46.6%
Q4 25
51.2%
21.1%
Q3 25
16.2%
21.5%
Q2 25
13.6%
17.0%
Q1 25
3.1%
11.2%
Q4 24
14.2%
18.2%
Q3 24
10.3%
24.0%
Capex Intensity
BANC
BANC
IEX
IEX
Q2 26
4.4%
Q1 26
15.6%
Q4 25
4.5%
2.2%
Q3 25
0.0%
1.7%
Q2 25
0.3%
1.7%
Q1 25
0.3%
1.8%
Q4 24
2.9%
1.8%
Q3 24
0.5%
1.7%
Cash Conversion
BANC
BANC
IEX
IEX
Q2 26
Q1 26
Q4 25
3.30×
1.63×
Q3 25
1.09×
1.59×
Q2 25
2.21×
1.23×
Q1 25
0.28×
1.11×
Q4 24
1.36×
1.40×
Q3 24
5.34×
1.72×

Financial Flow Comparison

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

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