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Side-by-side financial comparison of BANC OF CALIFORNIA, INC. (BANC) and Liberty Broadband Corp (LBRDA). 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 $261.0M, roughly 1.1× Liberty Broadband Corp). Liberty Broadband Corp runs the higher net margin — 146.7% vs 25.1%, a 121.7% gap on every dollar of revenue. On growth, BANC OF CALIFORNIA, INC. posted the faster year-over-year revenue change (7.9% vs 6.1%). Over the past eight quarters, Liberty Broadband Corp's revenue compounded faster (4.3% 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.

Liberty Global Ltd. is a British-Dutch-American multinational telecommunications company domiciled in Bermuda, with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Holdings Limited (UK), Liberty Global B.V. (Netherlands) and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).

BANC vs LBRDA — Head-to-Head

Bigger by revenue
BANC
BANC
1.1× larger
BANC
$286.9M
$261.0M
LBRDA
Growing faster (revenue YoY)
BANC
BANC
+1.8% gap
BANC
7.9%
6.1%
LBRDA
Higher net margin
LBRDA
LBRDA
121.7% more per $
LBRDA
146.7%
25.1%
BANC
Faster 2-yr revenue CAGR
LBRDA
LBRDA
Annualised
LBRDA
4.3%
-23.7%
BANC

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
BANC
BANC
LBRDA
LBRDA
Revenue
$286.9M
$261.0M
Net Profit
$72.0M
$383.0M
Gross Margin
Operating Margin
15.7%
Net Margin
25.1%
146.7%
Revenue YoY
7.9%
6.1%
Net Profit YoY
34.3%
96.4%
EPS (diluted)
$0.39
$2.68

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
LBRDA
LBRDA
Q1 26
$286.9M
Q4 25
$458.5M
Q3 25
$466.8M
Q2 25
$453.1M
$261.0M
Q1 25
$440.3M
$266.0M
Q4 24
$453.5M
$263.0M
Q3 24
$431.4M
$262.0M
Q2 24
$492.4M
$246.0M
Net Profit
BANC
BANC
LBRDA
LBRDA
Q1 26
$72.0M
Q4 25
$77.4M
Q3 25
$69.6M
Q2 25
$28.4M
$383.0M
Q1 25
$53.6M
$268.0M
Q4 24
$56.9M
$291.0M
Q3 24
$8.8M
$142.0M
Q2 24
$30.3M
$195.0M
Operating Margin
BANC
BANC
LBRDA
LBRDA
Q1 26
Q4 25
21.8%
Q3 25
19.8%
Q2 25
10.6%
15.7%
Q1 25
16.6%
16.2%
Q4 24
15.5%
4.9%
Q3 24
2.7%
11.5%
Q2 24
9.1%
8.5%
Net Margin
BANC
BANC
LBRDA
LBRDA
Q1 26
25.1%
Q4 25
16.9%
Q3 25
14.9%
Q2 25
6.3%
146.7%
Q1 25
12.2%
100.8%
Q4 24
12.6%
110.6%
Q3 24
2.0%
54.2%
Q2 24
6.2%
79.3%
EPS (diluted)
BANC
BANC
LBRDA
LBRDA
Q1 26
$0.39
Q4 25
$0.41
Q3 25
$0.38
Q2 25
$0.12
$2.68
Q1 25
$0.26
$1.87
Q4 24
$0.29
$2.04
Q3 24
$-0.01
$0.99
Q2 24
$0.12
$1.36

Balance Sheet & Financial Strength

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

Metric
BANC
BANC
LBRDA
LBRDA
Cash + ST InvestmentsLiquidity on hand
$2.2B
$180.0M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$3.6B
$10.4B
Total Assets
$34.7B
$16.6B
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANC
BANC
LBRDA
LBRDA
Q1 26
$2.2B
Q4 25
Q3 25
Q2 25
$180.0M
Q1 25
$226.0M
Q4 24
$163.0M
Q3 24
$168.0M
Q2 24
$73.0M
Total Debt
BANC
BANC
LBRDA
LBRDA
Q1 26
Q4 25
$2.1B
Q3 25
$2.0B
Q2 25
$1.9B
$3.1B
Q1 25
$1.7B
$3.8B
Q4 24
$1.4B
$3.8B
Q3 24
$1.6B
$3.7B
Q2 24
$1.4B
$3.6B
Stockholders' Equity
BANC
BANC
LBRDA
LBRDA
Q1 26
$3.6B
Q4 25
$3.5B
Q3 25
$3.5B
Q2 25
$3.4B
$10.4B
Q1 25
$3.5B
$10.1B
Q4 24
$3.5B
$9.8B
Q3 24
$3.5B
$9.5B
Q2 24
$3.4B
$9.3B
Total Assets
BANC
BANC
LBRDA
LBRDA
Q1 26
$34.7B
Q4 25
$34.8B
Q3 25
$34.0B
Q2 25
$34.3B
$16.6B
Q1 25
$33.8B
$17.0B
Q4 24
$33.5B
$16.7B
Q3 24
$33.4B
$16.3B
Q2 24
$35.2B
$16.0B
Debt / Equity
BANC
BANC
LBRDA
LBRDA
Q1 26
Q4 25
0.58×
Q3 25
0.58×
Q2 25
0.56×
0.30×
Q1 25
0.47×
0.38×
Q4 24
0.40×
0.38×
Q3 24
0.46×
0.39×
Q2 24
0.42×
0.39×

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
LBRDA
LBRDA
Operating Cash FlowLast quarter
$91.0M
Free Cash FlowOCF − Capex
$37.0M
FCF MarginFCF / Revenue
14.2%
Capex IntensityCapex / Revenue
20.7%
Cash ConversionOCF / Net Profit
0.24×
TTM Free Cash FlowTrailing 4 quarters
$-49.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BANC
BANC
LBRDA
LBRDA
Q1 26
Q4 25
$255.6M
Q3 25
$75.7M
Q2 25
$62.7M
$91.0M
Q1 25
$15.1M
$78.0M
Q4 24
$77.4M
$1.0M
Q3 24
$46.9M
$24.0M
Q2 24
$39.1M
$27.0M
Free Cash Flow
BANC
BANC
LBRDA
LBRDA
Q1 26
Q4 25
$234.8M
Q3 25
$75.5M
Q2 25
$61.4M
$37.0M
Q1 25
$13.6M
$13.0M
Q4 24
$64.3M
$-63.0M
Q3 24
$44.6M
$-36.0M
Q2 24
$34.4M
$-35.0M
FCF Margin
BANC
BANC
LBRDA
LBRDA
Q1 26
Q4 25
51.2%
Q3 25
16.2%
Q2 25
13.6%
14.2%
Q1 25
3.1%
4.9%
Q4 24
14.2%
-24.0%
Q3 24
10.3%
-13.7%
Q2 24
7.0%
-14.2%
Capex Intensity
BANC
BANC
LBRDA
LBRDA
Q1 26
Q4 25
4.5%
Q3 25
0.0%
Q2 25
0.3%
20.7%
Q1 25
0.3%
24.4%
Q4 24
2.9%
24.3%
Q3 24
0.5%
22.9%
Q2 24
1.0%
25.2%
Cash Conversion
BANC
BANC
LBRDA
LBRDA
Q1 26
Q4 25
3.30×
Q3 25
1.09×
Q2 25
2.21×
0.24×
Q1 25
0.28×
0.29×
Q4 24
1.36×
0.00×
Q3 24
5.34×
0.17×
Q2 24
1.29×
0.14×

Financial Flow Comparison

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

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