MASHINIi

FB Bancorp, Inc..

FBLA.US | Activities of holding companies

FB Bancorp, Inc. is a bank holding company. It provides a range of banking and financial services to individuals, families, and businesses. These services typically include deposit accounts (checking, savings, money market), loans (mortgage, commercial, consumer), and other related financial product...Show More

Ethical Profile

Mixed.

Is FB Bancorp ethical? The company shows a mixed ethical profile, with strengths in certain areas but limited public data in others. On worker respect, reports suggest CEO compensation is below the average for similar US companies, and employee engagement reportedly increased by 12 points from 2023 to 2024. FB Bancorp also maintains a code of ethics, a formal whistleblower protection policy, and a zero-tolerance stance on bribery and corruption. However, comprehensive data on living wages, pay equity, or environmental impact is not publicly available, making a full assessment challenging across many ethical dimensions.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect-10
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-60
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-20
-100100

Better Health for All

0

No evidence available to assess FB Bancorp, Inc. on Better Health for All.

Fair Money & Economic Opportunity

0

No specific, concrete data points for FBLA.US were found in the provided articles for any of the KPIs. The articles discuss general banking access, financial inclusion, the Bank On program, and predatory lending trends in the U.S., but do not provide company-specific performance metrics or initiatives for FBLA.US.

Fair Pay & Worker Respect

-10

Fidelity Bank has an overall employee rating of 3.2 out of 5 stars, based on 36 reviews.

1
Additionally, 81% of employees would recommend working at Fidelity Bank to a friend, and 89% approve of the CEO.
2
The company has a Code of Ethics and Business Conduct that applies to all employees, officers, and directors, and includes procedures for anonymous reporting of violations with a no-retaliation policy.
3
There have been no substantiated labor-law or human-rights violations reported for FB Bancorp, Inc. in the past two years.

Fair Trade & Ethical Sourcing

0

No specific, quantitative evidence regarding FBLA.US's fair trade and ethical sourcing practices, supplier audits, forced/child labor incidents, supply chain traceability, remediation speed, ethical clause coverage, materials risk, or supplier diversity spend was found in the provided articles.

1
The articles either contain no relevant data for FBLA.US or are statements of principles without performance metrics.

Honest & Fair Business

0

FB Bancorp, Inc. has a formal Anti-Bribery and Anti-Corruption (ABAC) Policy with zero tolerance for bribery and corruption, strictly prohibiting employees and third parties from offering or accepting bribes.

1
This policy includes requirements for accurate record-keeping, risk-based due diligence, and reporting of potential violations, with a prohibition on retaliation against good faith reporters.
2
The company also has established whistleblower procedures for employees regarding accounting, internal controls, and auditing matters, allowing for confidential and anonymous submissions to the Audit Committee, with a strict non-retaliation policy.
3
The company's Code of Ethics emphasizes the importance of accurate and timely financial records and reports, and prohibits unrecorded accounts, funds, or assets.
4
There is no evidence of financial restatements in the past five years.
5
The company defines a 'significant financial interest' for conflict of interest purposes as ownership by an employee and/or family members of more than 1% of a corporation's outstanding securities or more than 5% of the employee's total assets.
6

Kind to Animals

0

FB Bancorp, Inc. is a bank holding company providing financial services. Its core business model does not involve activities typically associated with animal welfare metrics, such as producing animal-derived products, engaging in animal testing, operating animal husbandry facilities, or directly sourcing animal products.

1
Therefore, all KPIs related to these activities are not applicable to the company's operations.

No War, No Weapons

0

No specific, concrete evidence was found in the provided articles regarding FBLA.US's association with arms manufacturing, military contracts, or conflict facilitation. The articles discuss general ESG risks in the defense sector

1
, investment strategies of other entities
2
, and FBLA.US's general corporate governance and ESG report announcement
3
, but none provide quantitative data or specific actions for FBLA.US relevant to any of the 'No War, No Weapons' KPIs.

Planet-Friendly Business

-60

The company's 2023 Corporate Sustainability Report, released in July 2024, aligns with the Task Force on Climate-Related Financial Disclosures (TCFD) framework.

1
However, the available information does not detail the completeness of this alignment, such as the inclusion of climate scenario analysis.
2
The company performs third-party environmental site assessments as part of due diligence for certain commercial transactions, but the number of such assessments is not specified beyond 1-2 per year.
3
In terms of biodiversity, First BanCorp has committed to donating $5,000 annually until 2026 to San Patricio Urban Forest for its conservation and rehabilitation, and its "Crece Verde" reforestation initiative has distributed approximately 33,400 trees since 2010.
4
The company is revamping its Vendor Management Program in 2023 to include ESG-related questions, indicating a nascent stage of supply chain climate transparency.
5

Respect for Cultures & Communities

0

The provided articles primarily focus on FB Bancorp, Inc.'s initial public offering and its compliance with the Community Reinvestment Act (CRA). While the company received a 'satisfactory' rating from the FDIC for CRA compliance in April 2024, and the CRA encourages banks to meet local credit needs, including those of low- and moderate-income neighborhoods, the articles do not provide specific quantitative data or details on any of the KPIs related to Respect for Cultures & Communities.

1
Therefore, no KPIs can be scored based on the evidence provided.

Safe & Smart Tech

0

No specific, concrete evidence was found in the provided articles to assess FBLA.US against any of the KPIs for the 'Safe & Smart Tech' ethical value. The articles discuss general cybersecurity trends, regulatory requirements for financial institutions, and industry-wide challenges, but do not provide company-specific data, actions, or performance metrics for FBLA.US.

1

Zero Waste & Sustainable Products

-20

The company has implemented numerous waste reduction initiatives, including recycling used technology and paper, participating in single-stream recycling, utilizing electronic signatures on over 8,000 documents, reducing paper printing by 785,000 pages in one year and 300,000 pages annually since 2019, delivering 500,000 statements electronically, and eliminating daily courier runs.

1
The company has not reported any waste disposal violations in the past three years.
2

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.