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Side-by-side financial comparison of BANC OF CALIFORNIA, INC. (BANC) and Real Brokerage Inc (REAX). Click either name above to swap in a different company.

Real Brokerage Inc is the larger business by last-quarter revenue ($568.5M vs $286.9M, roughly 2.0× BANC OF CALIFORNIA, INC.). BANC OF CALIFORNIA, INC. runs the higher net margin — 25.1% vs -0.1%, a 25.2% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs 7.9%).

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.

Anywhere Real Estate Inc., formerly Realogy, was an American real estate services firm. It operated and franchised real estate brands that provided brokerage, relocation, title, insurance, and settlement services. Brands included Better Homes and Gardens Real Estate, Century 21 Real Estate, Coldwell Banker, Corcoran Group, ERA Real Estate and Sotheby's International Realty. In 2026, the company was acquired by Compass, Inc.

BANC vs REAX — Head-to-Head

Bigger by revenue
REAX
REAX
2.0× larger
REAX
$568.5M
$286.9M
BANC
Growing faster (revenue YoY)
REAX
REAX
+44.8% gap
REAX
52.6%
7.9%
BANC
Higher net margin
BANC
BANC
25.2% more per $
BANC
25.1%
-0.1%
REAX

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
BANC
BANC
REAX
REAX
Revenue
$286.9M
$568.5M
Net Profit
$72.0M
$-447.0K
Gross Margin
7.9%
Operating Margin
-0.1%
Net Margin
25.1%
-0.1%
Revenue YoY
7.9%
52.6%
Net Profit YoY
34.3%
82.7%
EPS (diluted)
$0.39
$0.00

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
REAX
REAX
Q1 26
$286.9M
Q4 25
$458.5M
Q3 25
$466.8M
$568.5M
Q2 25
$453.1M
$540.7M
Q1 25
$440.3M
$354.0M
Q4 24
$453.5M
Q3 24
$431.4M
$372.5M
Q2 24
$492.4M
Net Profit
BANC
BANC
REAX
REAX
Q1 26
$72.0M
Q4 25
$77.4M
Q3 25
$69.6M
$-447.0K
Q2 25
$28.4M
$1.5M
Q1 25
$53.6M
$-5.0M
Q4 24
$56.9M
Q3 24
$8.8M
$-2.6M
Q2 24
$30.3M
Gross Margin
BANC
BANC
REAX
REAX
Q1 26
Q4 25
Q3 25
7.9%
Q2 25
8.9%
Q1 25
9.6%
Q4 24
Q3 24
8.6%
Q2 24
Operating Margin
BANC
BANC
REAX
REAX
Q1 26
Q4 25
21.8%
Q3 25
19.8%
-0.1%
Q2 25
10.6%
0.3%
Q1 25
16.6%
-1.5%
Q4 24
15.5%
Q3 24
2.7%
-0.7%
Q2 24
9.1%
Net Margin
BANC
BANC
REAX
REAX
Q1 26
25.1%
Q4 25
16.9%
Q3 25
14.9%
-0.1%
Q2 25
6.3%
0.3%
Q1 25
12.2%
-1.4%
Q4 24
12.6%
Q3 24
2.0%
-0.7%
Q2 24
6.2%
EPS (diluted)
BANC
BANC
REAX
REAX
Q1 26
$0.39
Q4 25
$0.41
Q3 25
$0.38
$0.00
Q2 25
$0.12
$0.01
Q1 25
$0.26
$-0.02
Q4 24
$0.29
Q3 24
$-0.01
$-0.01
Q2 24
$0.12

Balance Sheet & Financial Strength

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

Metric
BANC
BANC
REAX
REAX
Cash + ST InvestmentsLiquidity on hand
$2.2B
$38.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$53.6M
Total Assets
$34.7B
$145.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANC
BANC
REAX
REAX
Q1 26
$2.2B
Q4 25
Q3 25
$38.7M
Q2 25
$49.7M
Q1 25
$24.7M
Q4 24
Q3 24
$22.6M
Q2 24
Total Debt
BANC
BANC
REAX
REAX
Q1 26
Q4 25
$2.1B
Q3 25
$2.0B
Q2 25
$1.9B
Q1 25
$1.7B
Q4 24
$1.4B
Q3 24
$1.6B
Q2 24
$1.4B
Stockholders' Equity
BANC
BANC
REAX
REAX
Q1 26
$3.6B
Q4 25
$3.5B
Q3 25
$3.5B
$53.6M
Q2 25
$3.4B
$49.2M
Q1 25
$3.5B
$32.8M
Q4 24
$3.5B
Q3 24
$3.5B
$29.8M
Q2 24
$3.4B
Total Assets
BANC
BANC
REAX
REAX
Q1 26
$34.7B
Q4 25
$34.8B
Q3 25
$34.0B
$145.2M
Q2 25
$34.3B
$149.4M
Q1 25
$33.8B
$100.5M
Q4 24
$33.5B
Q3 24
$33.4B
$102.5M
Q2 24
$35.2B
Debt / Equity
BANC
BANC
REAX
REAX
Q1 26
Q4 25
0.58×
Q3 25
0.58×
Q2 25
0.56×
Q1 25
0.47×
Q4 24
0.40×
Q3 24
0.46×
Q2 24
0.42×

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
REAX
REAX
Operating Cash FlowLast quarter
$8.8M
Free Cash FlowOCF − Capex
$8.4M
FCF MarginFCF / Revenue
1.5%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$71.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BANC
BANC
REAX
REAX
Q1 26
Q4 25
$255.6M
Q3 25
$75.7M
$8.8M
Q2 25
$62.7M
$41.0M
Q1 25
$15.1M
$15.9M
Q4 24
$77.4M
Q3 24
$46.9M
$7.2M
Q2 24
$39.1M
Free Cash Flow
BANC
BANC
REAX
REAX
Q1 26
Q4 25
$234.8M
Q3 25
$75.5M
$8.4M
Q2 25
$61.4M
$40.8M
Q1 25
$13.6M
$15.7M
Q4 24
$64.3M
Q3 24
$44.6M
$6.8M
Q2 24
$34.4M
FCF Margin
BANC
BANC
REAX
REAX
Q1 26
Q4 25
51.2%
Q3 25
16.2%
1.5%
Q2 25
13.6%
7.5%
Q1 25
3.1%
4.4%
Q4 24
14.2%
Q3 24
10.3%
1.8%
Q2 24
7.0%
Capex Intensity
BANC
BANC
REAX
REAX
Q1 26
Q4 25
4.5%
Q3 25
0.0%
0.1%
Q2 25
0.3%
0.0%
Q1 25
0.3%
0.1%
Q4 24
2.9%
Q3 24
0.5%
0.1%
Q2 24
1.0%
Cash Conversion
BANC
BANC
REAX
REAX
Q1 26
Q4 25
3.30×
Q3 25
1.09×
Q2 25
2.21×
27.13×
Q1 25
0.28×
Q4 24
1.36×
Q3 24
5.34×
Q2 24
1.29×

Financial Flow Comparison

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

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