Who is Square 1 Financial, Inc.?
Square 1 Financial, Inc. (NASDAQ:SQBK) operates as the holding company for Square 1 Bank that provides a range of banking and financial products and services to the entrepreneurial community, and venture capital and private equity firms in the United States. It offers depository products, including checking accounts, money market accounts, and certificates of deposit. The company also provides commercial lending products, such as term commercial loans, revolving lines of credit, equipment loans, asset-based loans, credit cards, and capital call loans; and real estate secured, government-guaranteed, and construction loans.
SQBK held an IPO on 3/26/2014 and opened to a 15% return. The stock has traded flat since the IPO. The main underwriters were...
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