Name | Value |
---|---|
Revenues | 339.5M |
Cost of Revenue | 0.0M |
Gross Profit | 339.5M |
Operating Expense | 102.5M |
Operating I/L | 224.3M |
Other Income/Expense | -61.1M |
Interest Income | 350.5M |
Pretax | 163.1M |
Income Tax Expense | 40.8M |
Net Income/Loss | 122.4M |
PacWest Bancorp, through its subsidiary Pacific Western Bank, offers a range of banking products and services. The company generates revenue by accepting deposits, providing real estate loans, small business administration loans, asset-based loans, venture capital loans, consumer loans, international banking, multi-state deposit services, investment advisory and asset management services, treasury and cash management services, and various online and mobile banking services. Its customer base includes small and mid-sized companies, venture capital and private equity investors, professionals, and individuals.