Balboa Bank and Trust Company Profile and Market Analysis

Balboa Bank and Trust is a trusted financial institution with a rich history. It was founded in 2006 and is headquartered in San Diego, California.

The bank has a strong presence in Southern California, with multiple branches serving the community.

Balboa Bank and Trust is a subsidiary of Balboa Capital, a leading provider of equipment financing and leasing solutions.

Balboa Bank and Trust offers a range of financial services, including personal and business banking, investment services, and wealth management.

Their personal banking services include checking and savings accounts, credit cards, and loans. They also offer business banking services such as business checking and savings accounts, commercial loans, and cash management services.

Balboa Bank and Trust has a strong online banking platform that allows customers to manage their accounts, pay bills, and transfer funds securely and conveniently.

Annual Revenue is a key metric for any business, and Balboa Bank & Trust is no exception. The Balboa Bank & Trust annual revenue was $23.7 million in 2025.

We can see that their revenue is a significant figure, and it's essential to understand how it compares to other financial metrics. Balboa Bank & Trust's annual revenue remains steady, with no changes mentioned in available data.

Investors often look for companies with a strong financial foundation, which can be achieved through careful budgeting and expense management.

A well-planned budget can help businesses allocate resources effectively, making it easier to secure funding from investors.

Investors typically require a minimum investment of $10,000 to $50,000 to consider a business proposal.

To attract investors, businesses must have a clear financial plan and a solid understanding of their cash flow.

A company's financial health is often evaluated by its debt-to-equity ratio, which can be as high as 1:1 in some cases.

Investors may also consider a business's revenue growth rate, which can be as high as 20% in some industries.

A business's financial statements, including the balance sheet and income statement, are essential documents for investors.

Investors may also require a business plan that outlines projected financials, including revenue and expenses.

By understanding these financial requirements, businesses can better prepare themselves for investment opportunities.

Balboa Bank and Trust has a strong presence in the investment and acquisition scene.

The bank has made significant investments in the community, providing financial support to local businesses and organizations.

One notable acquisition was the purchase of the San Diego-based Pacific Western Bank's operations in 2011.

This acquisition marked a significant milestone for Balboa Bank and Trust, expanding its reach and services in the region.

The bank continues to grow and expand its services, providing a wide range of financial solutions to its customers.

Balboa Bank & Trust has a strong management team that drives the bank's success.

The Gerente General, or General Manager, of Balboa Bank & Trust is Ramón Martínez Stagg.

Balboa Bank and Trust offers a range of services to cater to the diverse needs of its customers. From personal banking to commercial banking, they have got it all covered.

Their personal banking services include checking and savings accounts, money market accounts, and certificates of deposit. They also offer credit cards, home loans, and auto loans.

Their commercial banking services include business checking and savings accounts, cash management services, and international trade services.

The NAICS code for Balboa Bank & Trust is 5221, which falls under the broader categories of 522 and 52.

Finding the right NAICS code is essential for businesses to accurately classify themselves and ensure compliance with industry regulations.

Balboa Bank & Trust's NAICS code of 5221 specifically indicates that it is a credit intermediation and related activities business.

Balboa Bank & Trust offers a range of services, including loans for commercial purposes.

One notable service is commercial loans, which can be used for various business needs.

The bank also provides credit lines, allowing businesses to access funds as needed.

In addition to these services, Balboa Bank & Trust offers commercial mortgage loans for businesses looking to purchase or refinance property.

They also provide overdrafts, which can help businesses cover unexpected expenses.

The bank's services also include letters of credit, which can be used to secure payments or shipments.

Interim construction loans are another service offered by the bank, providing funds for businesses during construction projects.

Surety bonds are also available, which can help businesses secure contracts or projects.

Heavy equipment loans can be used by businesses to purchase or lease equipment.

Warranties and promise letters are also services offered by the bank, providing assurance to customers or clients.

Balboa Bank & Trust was founded in 2003 and is based in Panama City, Panama.

As of March 2010, the bank operates as a subsidiary of Strategic Investors Group, Inc.

Here are some of the services offered by Balboa Bank & Trust:

Panama's economy is thriving, with the assets of its International Banking Center growing by 4.2% in November 2023. This growth is a testament to the country's business-friendly environment and its reputation as a financial hub.

The assets of Panama's International Banking Center reached a new milestone, outpacing previous growth rates. This growth is a result of increased investment and business activity in the country.

Panama's economy is driven by its strong financial sector, with a number of international banks operating in the country. This has created a stable and secure environment for businesses to operate.

The growth of Panama's International Banking Center is a key indicator of the country's economic health. It suggests that the country is a safe and attractive destination for investors and businesses.

Balboa Bank and Trust operates in a competitive market, with several commercial banks and financial service providers vying for customers' attention. Scotiabank1832, a Canadian bank, ranks as the top competitor with a Tracxn Score of 75/100.

Scotiabank1832 has received investment from Seaside Private Capital and Colpatria, giving it a solid financial foundation. Banistmo2013, another commercial bank, ranks second with a Tracxn Score of 61/100.

Banistmo2013 has secured funding from IDB Invest and has a strong presence in the market. Multibank1990, a commercial bank acquired by HSBC and Sumitomo Mitsui Banking Corporation, ranks third with a Tracxn Score of 57/100.

Global Bank1994, a commercial bank backed by J P Morgan, Citi, and three other investors, ranks fourth with a Tracxn Score of 56/100. Banco Nacional1911, a commercial bank, ranks fifth with a Tracxn Score of 52/100.

Here is a list of the top 5 competitors to Balboa Bank and Trust: