PacWest Bancorp Overview
Pro stress-test →PacWest Bancorp is a bank holding company with one wholly-owned banking subsidiary, Pacific Western Bank. The bank operates tens of full-service branches mostly located throughout California and provides commercial banking services, including real estate, construction, and commercial loans, as well as comprehensive deposit and treasury management services, to small and midsize businesses.
Strategic Profile
Pro stress-test →The bank provides venture banking products including a comprehensive suite of financial services focused on entrepreneurial and venture-backed businesses. The vast majority of the bank's net revenue comes from net interest income.
Competitive Landscape
Pro stress-test →PacWest competes with larger regional banks and community banks across California, including Banc of California and other West Coast financial institutions. The bank differentiates through specialized venture banking services and relationship-based community banking, but faces competitive pressure from larger regional banks with greater capital bases and cost efficiency.
Industry Context
PacWest Bancorp operates in Regional commercial banking.
Key facts
Headquarters: Los Angeles, US · Employees: 2,482 · Revenue: 277M · Market cap: $891M