Plains Capital Corporation · Dallas, TX United States ·(NYSE: PCB)
Company Description
View Plains Capital Corporation Locations On A US Map
This link will open in a new window
This link will open in a new window When the wind comes sweeping down the plain, Plains Capital Corporation hopes money is in mix. The holding company includes PlainsCapital Bank, which has some 35 branches in and around Austin, Dallas, Fort Worth, Lubbock, and San Antonio, Texas. The bank offers personal and small business banking, commercial lending, trust services, and wealth and treasury management. Plains Capital Corporation also offers mortgage lending through its PrimeLending subsidiary. Its Dallas-based investment bank First Southwest, acquired in late 2008, specializes in public finance and advisory. Plains Capital Corporation filed to go public in 2009. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Plains Capital Corporation Financials
| Company Type | Private - NYSE: PCB Branch |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $312.5 |
| 2008 Employees | 1,862 |
Plains Capital Corporation Executives
42 executives listed for Plains Capital Corporation's Dallas, TX location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Alan White | Network |
| Vice Chairman; Chairman, PlainsCapital Bank West Texas Region | John Owens | Network |
| Vice Chairman, Chief of Staff, and Director | De Pierce | Network |
Competition
Competitive Landscape for Plains Capital Corporation
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 Plains Capital Corporation Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!