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

IMMERSION CORP is the larger business by last-quarter revenue ($372.9M vs $286.9M, roughly 1.3× BANC OF CALIFORNIA, INC.). BANC OF CALIFORNIA, INC. runs the higher net margin — 25.1% vs -4.6%, a 29.6% gap on every dollar of revenue. On growth, IMMERSION CORP posted the faster year-over-year revenue change (750.4% vs 7.9%). Over the past eight quarters, IMMERSION CORP's revenue compounded faster (537.9% 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.

Immersion Corporation is an Aventura, Florida based developer and licensor of touch feedback technology, also known as haptic technology. Immersion Corporation has been accused of being a patent troll. Founded in 1993 by Louis Rosenberg, it is currently headed by lawyer Francis Jose, who serves as both chief executive officer and general counsel.

BANC vs IMMR — Head-to-Head

Bigger by revenue
IMMR
IMMR
1.3× larger
IMMR
$372.9M
$286.9M
BANC
Growing faster (revenue YoY)
IMMR
IMMR
+742.6% gap
IMMR
750.4%
7.9%
BANC
Higher net margin
BANC
BANC
29.6% more per $
BANC
25.1%
-4.6%
IMMR
Faster 2-yr revenue CAGR
IMMR
IMMR
Annualised
IMMR
537.9%
-23.7%
BANC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BANC
BANC
IMMR
IMMR
Revenue
$286.9M
$372.9M
Net Profit
$72.0M
$-17.0M
Gross Margin
Operating Margin
-2.8%
Net Margin
25.1%
-4.6%
Revenue YoY
7.9%
750.4%
Net Profit YoY
34.3%
-191.3%
EPS (diluted)
$0.39
$-0.57

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
IMMR
IMMR
Q1 26
$286.9M
Q4 25
$458.5M
Q3 25
$466.8M
Q2 25
$453.1M
$372.9M
Q1 25
$440.3M
$471.3M
Q4 24
$453.5M
$616.2M
Q3 24
$431.4M
Q2 24
$492.4M
$95.5M
Net Profit
BANC
BANC
IMMR
IMMR
Q1 26
$72.0M
Q4 25
$77.4M
Q3 25
$69.6M
Q2 25
$28.4M
$-17.0M
Q1 25
$53.6M
$24.1M
Q4 24
$56.9M
$30.8M
Q3 24
$8.8M
Q2 24
$30.3M
$26.4M
Operating Margin
BANC
BANC
IMMR
IMMR
Q1 26
Q4 25
21.8%
Q3 25
19.8%
Q2 25
10.6%
-2.8%
Q1 25
16.6%
7.5%
Q4 24
15.5%
11.4%
Q3 24
2.7%
Q2 24
9.1%
23.7%
Net Margin
BANC
BANC
IMMR
IMMR
Q1 26
25.1%
Q4 25
16.9%
Q3 25
14.9%
Q2 25
6.3%
-4.6%
Q1 25
12.2%
5.1%
Q4 24
12.6%
5.0%
Q3 24
2.0%
Q2 24
6.2%
27.7%
EPS (diluted)
BANC
BANC
IMMR
IMMR
Q1 26
$0.39
Q4 25
$0.41
Q3 25
$0.38
Q2 25
$0.12
$-0.57
Q1 25
$0.26
$0.73
Q4 24
$0.29
$0.93
Q3 24
$-0.01
Q2 24
$0.12
$0.81

Balance Sheet & Financial Strength

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

Metric
BANC
BANC
IMMR
IMMR
Cash + ST InvestmentsLiquidity on hand
$2.2B
$161.4M
Total DebtLower is stronger
$103.1M
Stockholders' EquityBook value
$3.6B
$298.1M
Total Assets
$34.7B
$1.1B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANC
BANC
IMMR
IMMR
Q1 26
$2.2B
Q4 25
Q3 25
Q2 25
$161.4M
Q1 25
$153.9M
Q4 24
$159.3M
Q3 24
Q2 24
$133.4M
Total Debt
BANC
BANC
IMMR
IMMR
Q1 26
Q4 25
$2.1B
Q3 25
$2.0B
Q2 25
$1.9B
$103.1M
Q1 25
$1.7B
Q4 24
$1.4B
Q3 24
$1.6B
Q2 24
$1.4B
Stockholders' Equity
BANC
BANC
IMMR
IMMR
Q1 26
$3.6B
Q4 25
$3.5B
Q3 25
$3.5B
Q2 25
$3.4B
$298.1M
Q1 25
$3.5B
$317.9M
Q4 24
$3.5B
$305.5M
Q3 24
$3.5B
Q2 24
$3.4B
$273.4M
Total Assets
BANC
BANC
IMMR
IMMR
Q1 26
$34.7B
Q4 25
$34.8B
Q3 25
$34.0B
Q2 25
$34.3B
$1.1B
Q1 25
$33.8B
$1.4B
Q4 24
$33.5B
$1.4B
Q3 24
$33.4B
Q2 24
$35.2B
$1.2B
Debt / Equity
BANC
BANC
IMMR
IMMR
Q1 26
Q4 25
0.58×
Q3 25
0.58×
Q2 25
0.56×
0.35×
Q1 25
0.47×
Q4 24
0.40×
Q3 24
0.46×
Q2 24
0.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BANC
BANC

Segment breakdown not available.

IMMR
IMMR

Course Material Sale$150.9M40%
General Merchandise Sale$138.0M37%
Rental Services$51.8M14%
Services And Other Revenue$25.6M7%
Per Unit Royalties$1.8M0%

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