Trade PacWest Bancorp
PacWest Bancorp (NASDAQ: PACW) is a bank holding company based in Los Angeles, California, with one wholly owned banking subsidiary, Pacific Bank West. Pacific Western Bank has 79 full service branches in California and one in Durham, North Carolina. Pacific Western provides commercial banking services, including real estate, construction, commercial loans, deposit management and treasury services to small and medium-sized businesses. Pacific Western offers additional products and services under the brands of its business groups, CapitalSource and Square 1 Bank, now known as National Lending and Venture Banking Groups, respectively. The National Lending Group provides cash flow, asset, equipment, real estate and treasury management services to companies established in the medium market on a national basis. The Banking Portfolio focuses on entrepreneurship, venture capital and private equity investors. as of 2019, the Western Pacific had $26 billion in assets and 79 locations in California, primarily in the southern and central parts of the state. The Western Pacific was primarily built through the acquisition of other banks. Bacast Bancorp was named the Best Bank in the United States for 2017 by Forbes.