Bank of the West, founded in 1874 and headquartered in San Francisco, California, is a financial institution committed to providing innovative banking solutions to individuals and businesses across the western United States. As a subsidiary of BNP Paribas, one of the world's largest banking groups, Bank of the West offers a wide range of products and services, including personal banking, commercial banking, investment services, and wealth management.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Bank of the West began issuing bonds over a century ago, contributing significantly to its capital structure and funding activities. Notably, in 2020, the bank raised $500 million through a five-year senior unsecured bond issuance, which was met with strong investor demand, reflecting favorable market conditions. The current yield on their bonds is competitive compared to industry benchmarks, appealing to retail investors seeking stable income. Additionally, Bank of the West has issued green bonds aimed at sustainable projects, showcasing its commitment to environmental responsibility.