Banc of California.
BANC.US | Other monetary intermediation
Banc of California, Inc. is a bank holding company for Banc of California, N.A. The bank provides a range of financial services to businesses, entrepreneurs, and individuals in California. Its services include commercial and retail banking, as well as wealth management. The bank offers deposit accou...Show More
Better Health for All
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Banc of California's principal services, while primarily banking, include financing 40 venture-backed companies totaling $713 million with primary concentrations in 'Good Health & Well-Being'.
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The company demonstrates significant reach to vulnerable populations, with $800 million in community development lending in 2024, a 15.4% increase from the prior year.
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This includes supporting affordable housing projects like the Weingart Tower, which is the largest project serving homeless populations in the U.S.
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and reserves 40 units for formerly unhoused veterans.
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The bank also partners with Food Finders, providing over 300,000 meals to vulnerable neighbors across Southern California.
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The company's business activities do not generate revenue from products with negative health outcomes, nor do they have direct safety implications, health risks requiring disclosure, or addiction potential. The company does not produce food or pharmaceutical products, nor does it conduct clinical trials or manage health-related data. While the company offers mental health support to its team members,
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its core business activities do not substantially affect public mental health outcomes.
Fair Money & Economic Opportunity
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No evidence available to assess Banc of California on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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Banc of California's CEO-to-median employee pay ratio was 132:1 in the 2024 fiscal year, based on the CEO's compensation of $12,129,275 and a median employee pay of $92,087.
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The company demonstrates strong worker engagement, with an overall employee rating of 4.5 out of 5 stars from 400 reviews on Glassdoor, and 88% of employees stating they would recommend the company.
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This rating is 21% above the average for the Financial Services industry.
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Additionally, Banc of California was recognized by Newsweek as one of America’s Greatest Workplaces for Women in 2024, earning five out of five stars in the small-size company category.
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Fair Trade & Ethical Sourcing
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Banc of California is a financial services company, and its core operations do not involve the procurement or trading of physical commodities. Therefore, key performance indicators related to fair-trade certifications, supplier audits for physical goods, child/forced labor incidents in supply chains, traceability of physical materials, remediation of sourcing violations, ethical clauses in physical goods contracts, and high-risk material sourcing are not applicable to its business model. No specific data was provided for supplier diversity spend.
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Honest & Fair Business
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No evidence available to assess Banc of California on Honest & Fair Business.
Kind to Animals
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As a financial services company, Banc of California's core business model does not involve activities typically associated with animal welfare, such as product manufacturing, animal agriculture, or animal testing. Therefore, most KPIs related to animal welfare are not applicable. The company explicitly states it conducts no animal testing.
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No War, No Weapons
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No specific, concrete data points related to the 'No War, No Weapons' ethical value were found in the provided articles for Banc of California. The articles explicitly state that no data is available regarding revenue from arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investment, or any other relevant metrics.
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Therefore, all KPIs for this value are omitted due to lack of evidence.
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Planet-Friendly Business
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The provided articles do not contain specific, quantitative, and company-wide data points for any of the Planet-Friendly Business KPIs. While one article details sustainability features of the Banc of California Stadium, such as LEED Gold certification
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, waste diversion
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, and recycled material use
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, this information pertains to a single facility and is not explicitly stated to be representative of Banc of California, Inc.'s overall operations or facilities. Another article mentions the bank's intention to publish a TCFD report in early 2026
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, but this is a forward-looking statement and not evidence of current alignment. The remaining articles either lack quantitative data
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or are inaccessible
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.
Respect for Cultures & Communities
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The provided articles do not contain specific, quantifiable data points relevant to the KPIs for 'Respect for Cultures & Communities'. While an investment in Clearinghouse CDFI is mentioned
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, and a community benefits plan is announced
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, these do not provide the required metrics such as percentages of revenue reinvested, number of formal partnerships with indigenous or local community groups, or details on cultural impact assessments or grievance mechanisms that have already occurred. The community benefits plan is a forward-looking announcement of goals and targets
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, not evidence of completed actions or achieved outcomes.
Safe & Smart Tech
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Banc of California has no documented data breaches, with the company stating that cybersecurity threats have not materially affected it
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and no recent security news or data breaches have been reported.
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The company reports compliance with federal and various state privacy laws, including California, Nevada, and Vermont, and responds to reportable events in accordance with legal requirements.
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Banc of California provides regular security education and training for employees, which includes practical exercises and recovery/resilience tests.
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The company emphasizes strong passwords and regular changes for authentication security.
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It engages cybersecurity experts, third-party specialists, and external auditors for regular assessments and periodic reviews of its systems.
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Furthermore, Banc of California adopts a "trust by design" framework for new products and services.
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No specific incidents of unauthorized data use have been mentioned.
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Zero Waste & Sustainable Products
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No specific quantitative data related to waste management, product recyclability, packaging sustainability, or any other KPI under the Zero Waste & Sustainable Products value was found in the provided articles. The articles mention general commitments to corporate sustainability and climate responsibility
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, and the existence of impact reports
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, but do not present concrete metrics or actions for any of the relevant KPIs.