Taylor Capital Group, Inc. · Rosemont, IL United States ·(NASDAQ (GS): TAYC)
Company Description
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This link will open in a new window This company is tailor-made for small and midsized business owners. Taylor Capital Group is the holding company for Cole Taylor Bank, which specializes in commercial banking, real estate lending, and wealth management services aimed primarily at closely held and family-run businesses in the construction, manufacturing, retail distribution, and transportation industries. Commercial loans account for about 95% of the company's loan portfolio. Other lending activities include residential and commercial construction loans. With about nine branches in the Chicago metropolitan area, the bank also offers traditional banking services to individuals, from checking and savings accounts to personal lines of credit. To read the full description, subscribe now.
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Key Taylor Capital Group, Inc. Financials
| Company Type | Public - NASDAQ (GS): TAYC Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $104.8 |
| 2008 Employees | 451 |
Taylor Capital Group, Inc. Executives
20 executives listed for Taylor Capital Group, Inc.'s Rosemont, IL location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Bruce Taylor | Network |
| Vice Chairman | Jeffrey Taylor | Network |
| President and Director; President, CEO, and Director, Cole Taylor Bank | Mark Hoppe | Network |
Competition
Competitive Landscape for Taylor Capital Group, Inc.
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 Taylor Capital Group, Inc. Competitors
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