Pacific Continental Corp.
PCBK
NASDAQ2.02
USD
-0.10
- -
Pacific Continental Corp.
PCBK
(NASDAQ)
Recent
price
2.02
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- Pacific Continental Corporation operates primarily as a financial services holding company through its subsidiary, Pacific Continental Bank. The company offers a comprehensive range of banking products and services including commercial loans for general operating purposes, fixed asset acquisition, equipment and machinery purchases, inventory financing, and accounts receivable financing. It also provides U.S. Small Business Administration loans, construction and permanent loans for commercial facilities, and specialized loans for dental professionals and various secured and unsecured purposes such as automobile and mobile home purchases, home improvement, education, and personal investments. Additional offerings include merchant and card services, cash management products, online banking, safe deposit services, debit and ATM cards, automated clearing house transactions, cashier's checks, notary services, and remote deposit capture. Wealth management services encompass individual investment advisory, company retirement plans, employee benefit programs, mutual funds, unit investment trusts, annuities, life insurance, long-term care, and disability insurance. The company targets community-based businesses, healthcare professionals, professional service providers, nonprofit organizations, and business owners. Geographically, Pacific Continental operates through approximately 15 banking offices in Oregon and Washington, with loan production offices in Tacoma, Washington, and Denver, Colorado. Founded in 1960, the corporation is headquartered in Eugene, Oregon. In terms of recent major changes, Pacific Continental Corporation was acquired by Columbia Banking System in a merger completed in late 2017, resulting in the integration of Pacific Continental Bank into Columbia's wholly owned subsidiary, Columbia State Bank. This consolidation expanded Columbia Banking System’s presence in the Pacific Northwest markets including key metropolitan areas such as Seattle, Portland, and Eugene. Since the acquisition, Pacific Continental operates under Columbia Banking System’s umbrella, which as of the merger reported over $12 billion in total assets and a network of over 150 branches across Washington, Oregon, and Idaho. The merger aligned both companies' focus on relationship banking and community engagement, reinforcing services to community-based businesses and nonprofit clientele. There have been no significant standalone operational changes reported for Pacific Continental within the most recent 1-2 years post-merger, as the company functions as part of the Columbia Banking System group. Overall, Pacific Continental Corporation is positioned within the financial services industry as a regional bank holding company that provides a wide array of commercial and consumer banking products along with wealth management services, targeting a diverse range of professional and business clients primarily on the U.S. West Coast, particularly in the Pacific Northwest region.