Company Profile - PacWest Bancorp

Introduction

PacWest Bancorp (PacWest) is a provider of retail and commercial banking, and asset management solutions to individuals, corporates, SMEs, and high-net-worth families, primarily through its subsidiary, Pacific Western Bank. Its portfolio of products and services comprise a range of deposits and accounts such as checking, savings, certificate of deposits, individual retirement accounts; debit and credit cards; lending solutions for real estate, multifamily, aviation, healthcare, and venture capital/private equity, among others. PacWest also offers collection and disbursement services such as ACH, lockbox, remote deposit, merchant services, commercial bill payments, fraud prevention; wire transfers; international banking; investment advisory; and online banking. The company has an operational presence mainly in California, Colorado, and North Carolina. It also has numerous loan production offices across the US. PacWest is headquartered in Beverley Hills, California, the US.

Company info

Country (HQ): United States
Sector: Financial Services
Market Cap (US$ m): 656
Revenue (US$ m): 1,631 (2022)

Innovation ranking

245

Innovation score

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