Bank of the West · San Francisco, CA United States
Company Description
Phone: 925-942-8300
Fax: 925-943-1224
Toll Free: 800-488-2265
View Bank of the West Locations On A US Map
This link will open in a new window
This link will open in a new window Bank of the West can't "bear" the thought of customers banking elsewhere. The bank (which uses a bear as its logo) has more than 700 branches in about 20 Western and Midwestern states. Catering to consumers and small to mid-sized companies, Bank of the West offers deposit accounts, credit cards, insurance, investment products, trust services, and financial planning. It focuses its lending on residential mortgages and consumer loans, which together make up about half of its loan portfolio. It targets businesses involved in agriculture, commercial real estate, financial services, and health care, as well as religious groups and public entities. Parent company BancWest is owned by French bank BNP Paribas . To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Bank of the West Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $3,598.3 |
| 2007 Employees | 11,000 |
Bank of the West Executives
79 executives listed for Bank of the West's San Francisco, CA location.
| Title | Name & Bio | Contact |
| Chairman | Don McGrath | Network |
| Vice Chairman, Finance Group | Thibault Fulconis | Network |
| Vice Chairman; Head, Commercial Banking Group | Gérard Denot | Network |
Competition
Competitive Landscape for Bank of the West
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top Bank of the West Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!