PacWest Bancorp
PacWest Bancorp (NASDAQ: PACW) is a publicly traded U.S. bank holding company that operates as Banc of California, a California-headquartered regional bank offering business banking, commercial real estate lending, treasury management, venture banking, payment processing (BancEdge), and personal banking to small businesses, middle-market firms, commercial clients, and consumers.
- Company typePrivate
- Founded1940
- HeadquartersLos Angeles, United States
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What PacWest Bancorp does
PacWest Bancorp (NASDAQ: PACW) is a publicly traded U.S. bank holding company founded in 1999 and headquartered in Los Angeles (with the operating bank, Banc of California, headquartered in Santa Ana). The company has built a diversified regional banking franchise through an extensive, multi-decade M&A program — completing approximately 19 acquisitions since 2001, including CapitalSource ($2.3B, 2013), Square 1 Bank ($849M, 2015), CU BanCorp ($705M, 2017), and El Dorado Savings Bank ($466.7M, 2018). As of March 31, 2013, the firm held $5.3 billion in assets; subsequent transactions materially expanded the balance sheet and product set. The operating bank is FDIC-insured and offers a full suite of business and personal banking services.
The core product portfolio spans business banking (small business, middle market, and commercial tiers), commercial real estate banking (construction, multifamily, warehouse lending), global treasury management (payables, receivables, information services, international banking, liquidity, and fraud prevention solutions), a lending suite (affordable housing, asset-based lending, corporate asset finance, lender finance, small business lending, fund finance, and venture banking), payment solutions under the BancEdge sub-brand, business credit cards, personal banking, and specialty deposit products (1031 Exchange, Master Deposit). Underlying technology combines traditional branch-based relationship banking with online and mobile channels, an integrated merchant payment processing platform (BancEdge), specialized lending portals, and partnerships with Clearwater Analytics (asset management), EzCardInfo (credit card management), and Cync Software (asset-based lending). Industry-specific banking teams serve more than 12 verticals including healthcare, government, media & entertainment, commercial aviation, community associations (HOA), attorneys, insurance, franchisees, CPAs, and others.
Revenue is generated through interest income from lending activities (commercial real estate, multifamily, construction, asset-based, small business, consumer DSCR loans), deposit service fees, treasury management fees, payment processing transaction fees (BancEdge), credit card interchange, and warehouse lending. The go-to-market is a hybrid of dedicated industry-specific relationship teams, branch-based relationship banking for SMB and middle-market clients, and self-service digital channels for personal and small business customers. A specialized venture banking division serves startups, technology and life sciences companies, and venture capital/private equity funds through programs including Build@Banc. In July 2024, the bank announced the sale of $2 billion in DSCR loans, signaling active portfolio rebalancing.
PacWest Bancorp firmographics
Firmographics- Name
- PacWest Bancorp
- Legal name
- Banc of California
- Website
- https://pacwestbancorp.com
- Company type
- Private
- Founded year
- 1940
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- PacWest Bancorp (NASDAQ: PACW) is a publicly traded U.S. bank holding company that operates as Banc of California, a California-headquartered regional bank offering business banking, commercial real estate lending, treasury management, venture banking, payment processing (BancEdge), and personal banking to small businesses, middle-market firms, commercial clients, and consumers.
- Ownership category
- akta.pro rank
PacWest Bancorp industry classification
Industry- Product category
- Commercial Banking
- NAICS
- Commercial Banking (52211), Commercial Banking (522110)
- SIC
- National Commercial Banks (6021), State Commercial Banks (6022), Commercial Banks, Nec (6029)
- akta.pro primary industry
- SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)
- akta.pro secondary industries
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Healthcare & Pharmaceuticals (FSABACAN), Consumer & Retail (CPG, Food, Apparel) (FSABACAM)
Keywords
Where PacWest Bancorp is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
PacWest Bancorp business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income from Lending: Traditional banking revenue from interest earned on loans including commercial real estate, construction lending, multifamily financing, asset-based lending, small business loans, corporate asset finance, and consumer loans (DSCR loans). Banc of California recently announced sale of $2B in DSCR loans indicating active loan portfolio management.
- Deposit Services: Revenue from deposit accounts including business checking, personal checking, savings, and specialty deposit products such as 1031 Exchange Deposits and Master Deposit Accounts
- Treasury Management Fees: Fees for global treasury management services including payables solutions, receivables solutions, information services, international banking, liquidity solutions, and fraud prevention
- Payment Processing (BancEdge): Transaction fees from payment processing services for merchants accepting online, in-person, and mobile payments
- Credit Card Programs: Revenue from business credit card programs including interchange fees and program management
- Warehouse Lending: Financing solutions for warehouse operators providing rapid, flexible funding with direct access
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Business Banking Tiers |
| Subscription | Monthly | Personal Banking Tiers |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels6 records
PacWest Bancorp product offering
Product offeringCore offering
PacWest Bancorp, operating as Banc of California, is a commercial bank holding company that provides business banking, commercial real estate lending, venture banking, treasury management, payment solutions, and personal banking products and services. Its core products include deposits, commercial and consumer loans, specialty lending (construction, multifamily, warehouse, lender finance, asset-based lending, corporate asset finance), venture banking (technology, life sciences, fund finance), and treasury/payment services for businesses and individuals.
Product overview
Banc of California is a unified banking platform offering a comprehensive portfolio of commercial and personal banking services. The core offerings include Business Banking (Small Business, Middle Market, and Commercial), Commercial Real Estate Banking (Construction, Multifamily, Warehouse Lending), Global Treasury Management, Lending (Affordable Housing, Asset-Based Lending, Corporate Asset Finance, Lender Finance), Venture Banking (Build@Banc, Technology Banking, Life Sciences, Fund Finance), Payment Solutions (BancEdge), and Personal Banking. Specialty Deposit Products (1031 Exchange, Master Deposit) and Industry-Tailored Banking solutions serve specific verticals like Media & Entertainment, Healthcare, Government, and more.
Differentiator
Problem solved
Functional benefit
Brands
- BancEdge: Payment processing and merchant services including portal and gateway solutions
- Build@Banc
Products and services
- Small Business Banking Deposit accounts, credit, and treasury services tailored to small businesses.
- Middle Market Banking Deposit, lending, treasury, and payment services for middle-market operating companies.
- Commercial Real Estate Banking Construction, multifamily, and warehouse lending for commercial real estate developers and sponsors.
- Global Treasury Management Treasury management products and services for business banking clients, including cash management and payment services.
- Affordable Housing Lending Specialty lending for affordable housing projects and developers.
- Asset-Based Lending Asset-based lending products secured by business collateral.
- Corporate Asset Finance Corporate asset finance solutions for businesses acquiring capital assets.
- Lender Finance Specialty lending and credit facilities to non-bank and specialty finance lenders.
- Venture Banking (Build@Banc) Banking, lending, and treasury services tailored to venture-backed technology and growth-stage companies.
- Technology Banking Banking and lending products for technology companies and their investors.
- Life Sciences Banking Banking and credit products for life sciences companies.
- Fund Finance Lending and banking services for venture capital and private equity fund managers.
- BancEdge Payment Solutions Payment processing solutions for business banking clients.
- Personal Banking Deposit accounts, mortgages, and personal lending services for individual consumers.
- Specialty Deposit Products Specialty deposit products including escrow, custody, and other deposit services.
Companies that use PacWest Bancorp
Customer profileNamed customers4 records
Segments7 records
Ideal customer profiles4 records
PacWest Bancorp technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature5 records
PacWest Bancorp partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered supporting and core.
- Clearwater AnalyticssupportingIntegration for asset management services within treasury management offerings, enabling investment account management capabilities for business clients
- ezCardInfosupportingCredit card management platform provider for both card holders and program managers, supporting business credit card program operations
- BancEdge Payment PlatformcoreIntegrated merchant payment processing solution enabling acceptance of online, in-person, and mobile payments; includes merchant portal and payment gateway services
- HOA Bank ServicescoreSpecialized platform for homeowner association banking including online payment processing for homeowners and management login for HOA administrators
- Cync Software (Asset-Based Lending Portal)supportingPortal technology provider for asset-based lending clients to manage collateral, loans, and lending operations online
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
PacWest Bancorp competitors and assessment
Company assessmentDirect peers
- Western Alliance Bancorporation: Growth-oriented regional bank with material CRE, venture, and tech-banking exposure and a strong vertical-specialization model; directly comparable in niche lending franchises and middle-market strategy.
- Pinnacle Financial Partners: Growth-oriented regional commercial bank emphasizing industry-specialized teams, treasury management, and middle-market relationship banking; highly comparable operating model.
- East West Bancorp: California-headquartered commercial bank serving middle-market, CRE, and commercial clients with industry specialization; closest direct comparable in geographic footprint, target customer base, and product mix.
- Customers Bancorp: Mid-size commercial bank with comparable middle-market, CRE, and specialty lending franchises; overlapping client profiles and treasury management capabilities.
- BankUnited: Regional commercial bank with comparable CRE and commercial lending focus; similar middle-market orientation and treasury management offerings.
Broad incumbents
- Zions Bancorporation: Mid-size regional bank with commercial, CRE, and treasury management capabilities across multiple western states; comparable in product breadth and middle-market focus.
- Comerica: Large regional commercial bank with comparable middle-market, treasury management, and CRE capabilities; broader geographic footprint but similar relationship-banking go-to-market.
Regional players
- First Foundation: California- and Texas-based regional bank serving middle-market and venture-backed clients; comparable in geographic concentration and venture/private banking exposure.
- CVB Financial Corp / Citizens Business Bank: California-based regional commercial bank with comparable middle-market, CRE, and treasury management offerings; similar size and customer profile though narrower industry-vertical coverage.
Emerging players
- Live Oak Bancshares: Specialty commercial lender with verticalized expertise (small business and niche verticals); comparable industry-specialization philosophy though at smaller scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
PacWest Bancorp social profiles
Digital presencePacWest Bancorp compliance and trust
Trust signalCompliance1 record
PacWest Bancorp financial estimates
Financial estimateRevenue estimate
Valuation estimate
PacWest Bancorp leadership team
Management profileNumber of profiles
Profiles3 records
PacWest Bancorp funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PacWest Bancorp M&A and investment
M&A and investmentM&A19 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PacWest Bancorp
What does PacWest Bancorp do?
PacWest Bancorp, operating as Banc of California, is a commercial bank holding company that provides business banking, commercial real estate lending, venture banking, treasury management, payment solutions, and personal banking products and services. Its core products include deposits, commercial and consumer loans, specialty lending (construction, multifamily, warehouse, lender finance, asset-based lending, corporate asset finance), venture banking (technology, life sciences, fund finance), and treasury/payment services for businesses and individuals.
Is PacWest Bancorp a public or private company?
PacWest Bancorp is a private company. It is classified as public and is currently operating.
When was PacWest Bancorp founded?
PacWest Bancorp was founded in 1940. It employs 1,001 to 5,000 people.
Where is PacWest Bancorp based?
PacWest Bancorp is headquartered in Los Angeles, United States, in the North America region.
How does PacWest Bancorp make money?
Six revenue lines are on record. Interest Income from Lending is the primary driver. The others are deposit Services, treasury Management Fees, payment Processing (BancEdge), credit Card Programs and warehouse Lending.
Who are PacWest Bancorp's main competitors?
Direct peers on record are Western Alliance Bancorporation, Pinnacle Financial Partners, East West Bancorp, Customers Bancorp and BankUnited. Broad incumbents are Zions Bancorporation and Comerica. Regional players are First Foundation and CVB Financial Corp / Citizens Business Bank. Live Oak Bancshares is listed as an emerging player.
Does PacWest Bancorp have an API?
No public API is recorded for PacWest Bancorp.
What industry is PacWest Bancorp in?
PacWest Bancorp's product category is Commercial Banking. Its primary akta.pro industry code is FSABABAB, SME Business Lending (Term Loans, Lines of Credit, Overdrafts), with a secondary code of FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 52211 and its SIC code is 6021.