HIGHBuilt-inGeographic
73%
California (multi-family loans)
“10-K Item 1: 'Multi-family loans comprise 24%...with 73% concentrated in California as of December 31, 2025'”
BANC · Concentration risk · 10-K extracted
Banc of California (BANC) concentration risks
Updated
The most significant concentration Banc of California discloses is California (multi-family loans) at 73%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Banc of California’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH2
MEDIUM0
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHBuilt-inGeographic
67%
California (CRE mortgage loans)
“10-K Item 1: 'CRE loans comprise 17% and 19% of our total HFI loans...with 67% concentrated in California as of December 31, 2025'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's disclosed concentration profile is dominated by two reinforcing California real estate exposures that sit on top of each other within the loan portfolio. Multi-family loans carry a high-share geographic tilt: 73% of that loan category is concentrated in California as of December 31, 2025. Separately, commercial real estate mortgage loans show a similarly high-share California concentration: 67% of that category is concentrated in California as of the same date. Both are structural in character — the company operates as a California-focused institution and its lending book reflects the geographic markets it serves. The two exposures are not independent. A severe deterioration in California property values, a prolonged regional recession, or a state-level regulatory or tax change affecting real estate would stress both the multi-family and commercial real estate loan books simultaneously, creating correlated credit risk rather than offsetting diversification. This reinforcing dynamic is the most important feature of the disclosed profile: neither exposure operates in isolation. No customer, counterparty, supplier, or product concentration is disclosed outside of this loan portfolio geography. On balance, this is a classic regional bank concentration risk — high-share dependence on the California real estate market across two loan categories, both structural and both moving together in a stress scenario. The key monitoring variables are California commercial and residential property values, office vacancy rates, and broader economic conditions in the state.
For the engine’s reasoning on BANC’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Banks - Regional
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ASB | Associated Banc-Corp | 2 | 3 | 0 | 5 |
| BANC● | Banc of California, Inc. | 2 | 0 | 0 | 2 |
| AX | Axos Financial, Inc. | 1 | 1 | 0 | 2 |
| AUB | Atlantic Union Bankshares Corpo | 0 | 3 | 0 | 3 |
| BANR | Banner Corporation | 0 | 2 | 0 | 2 |
| ABCB | Ameris Bancorp | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.