Banc of California (BANC)

Overall impact
C (41)

Commentary

Banc of California is an average overall performer. With a 'C' rating of 40.6 for overall impact (bottom 25% of all companies), Banc of California ranks 29th out of 34 industry peers, behind SVB Financial, Cathay General Bancorp, Central Valley Community Bancorp and 25 others, and ahead of First Hawaiian, Western Alliance Bancorp, Northrim Bancorp and 2 others. On top material causes for Banc of California's industry (Banking), Banc of California performs well in Sustainable Use of Natural Resources (89.6 score) and Reduced Green House Gas Emissions (86.1) and performs poorly in Fair Labor Practices (26.7 score), Affordable, Safe Housing (0.0), Reduced Inequality (29.8) and 7 other causes where it received a 'D' or 'F' score.
Impact
Cause BANC
Peer rank
Overall impact

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Impact trend

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Company
Employees
1,904
Sector
Financials
Industry
Banks
Sub-industry
Regional Banks
SASB industry
Commercial Banks
Headquarters
Ca, United States
Share classes
BANC
Description
Banc of California, Inc. operates as the bank holding company for Banc of California that provides various banking products and services. The company offers deposit products, such as checking, savings, money market, demand, and time deposits; certificates of deposit; retirement accounts; and safe deposit boxes. It also provides real estate loans to professional developers and real estate investors for the acquisition, construction, refinancing, renovation, and ongoing operation of commercial real estate properties; commercial real estate mortgage, residential real estate mortgage, and real estate construction and land loans; commercial loans and leases, such as equipment and lender finance, other asset-based, venture capital, secured business, warehouse, and other lending services; small business administration lending; and consumer loans comprising personal, auto, and other loans, as well as home equity and revolving lines of credit. In addition, the company offers international banking, multi-state deposit, and asset and investment management services; automated bill payments; cash and treasury management, foreign exchange, card payment, mobile deposit capture, automated clearing house origination, wire transfer, and direct deposit services; and online, mobile, remote deposit, and telephone banking services. It serves small and middle-market businesses, venture capital and private equity firms, non-profit organizations, business owners, entrepreneurs, professionals, and high-net-worth individuals. The company offers its products and services through branches located throughout California; Denver, Colorado; and Durham, North Carolina, as well as through regional offices in the United States. The company was founded in 1941 and is headquartered in Los Angeles, California.
Material causes
Ethos considers the following causes material for Banc of California, based on its industry sub-industry Regional Banks. Learn more about material causes in our methodology overview.

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