PacWest Bancorp (PACW)

NASDAQ: PACW · IEX Real-Time Price · USD
24.07
+0.10 (0.42%)
Dec 7, 2022 4:00 PM EST - Market closed
0.42%
Market Cap 2.82B
Revenue (ttm) 1.41B
Net Income (ttm) 500.76M
Shares Out 117.77M
EPS (ttm) 4.18
PE Ratio 5.76
Forward PE 6.28
Dividend $1.00 (4.15%)
Ex-Dividend Date Nov 14, 2022
Volume 831,128
Open 23.81
Previous Close 23.97
Day's Range 23.49 - 24.37
52-Week Range 21.29 - 51.81
Beta 1.40
Analysts Buy
Price Target 29.75 (+23.6%)
Earnings Date Jan 18, 2023

About PACW

PacWest Bancorp operates as the bank holding company for Pacific Western Bank that provides various banking products and services. The company accepts demand, money market, and time deposits. It also provides real estate loans to professional developers and real estate investors for the acquisition, refinancing, renovation, and construction of commercial real estate properties; small business administration loans; asset-based loans for working capital needs; venture capital loans to support the operations of entrepreneurial and venture-backed c... [Read more]

Industry Banks
IPO Date Jun 2, 2000
CEO Matthew Wagner
Employees 2,200
Stock Exchange NASDAQ
Ticker Symbol PACW
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for PACW stock is "Buy." The 12-month stock price forecast is 29.75, which is an increase of 23.60% from the latest price.

Price Target
$29.75
(23.60% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PacWest Bancorp Announces Leadership Transitions

Paul W. Taylor, Current PacWest Bancorp President,  Appointed Chief Executive Officer

2 weeks ago - GlobeNewsWire

PacWest Bancorp Announces Quarterly Dividends

LOS ANGELES, Nov. 01, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) announced today that its Board of Directors has declared a quarterly cash dividend of $0.25 per common share. The cash divid...

1 month ago - GlobeNewsWire

PacWest Bancorp (PACW) Misses Q3 Earnings and Revenue Estimates

PacWest (PACW) delivered earnings and revenue surprises of -5.56% and 2.66%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

PacWest Bancorp Announces Results for the Third Quarter 2022

LOS ANGELES, Oct. 19, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) -

1 month ago - GlobeNewsWire

Analysts Estimate PacWest Bancorp (PACW) to Report a Decline in Earnings: What to Look Out for

PacWest (PACW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Pacific Western Bank Completes A Credit-Linked Notes Transaction

LOS ANGELES, Oct. 03, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (the “Company”) has announced that its subsidiary, Pacific Western Bank, completed a credit-linked notes transaction. The no...

2 months ago - GlobeNewsWire

PacWest Bancorp Announces Third Quarter Earnings Release Date and Conference Call

LOS ANGELES, Sept. 28, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (the “Company”) will report its financial results for the quarter and year-to-date period ended September 30, 2022 after th...

2 months ago - GlobeNewsWire

PacWest Bancorp (PACW) Q2 Earnings Lag Estimates

PacWest (PACW) delivered earnings and revenue surprises of -4.67% and 2.48%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

PacWest Bancorp Announces Results for the Second Quarter 2022

LOS ANGELES, July 20, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) -

4 months ago - GlobeNewsWire

PacWest Bancorp Announces Second Quarter Earnings Release Date and Conference Call

LOS ANGELES, July 05, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (the “Company”) will report its financial results for the quarter and year-to-date period ended June 30, 2022 after the clos...

5 months ago - GlobeNewsWire

Paul W. Taylor Named President of PacWest Bancorp and Pacific Western Bank

LOS ANGELES, June 13, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (the “Company”) and Pacific Western Bank (the “Bank”) announced today the appointment of Paul W. Taylor as President of both...

5 months ago - GlobeNewsWire

KBRA Releases U.S. Bank 1Q22 Compendium

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA releases its First-Quarter 2022 U.S. Bank Compendium. The Compendium provides our latest view of the U.S. banking sector and analyzes the 1Q22 results of U.S. ban...

6 months ago - Business Wire

PacWest Bancorp Announces Quarterly Dividend

$0.25 Per Share Cash Dividend Payable on May 31, 2022 to Stockholders of Record on May 16, 2022 $0.25 Per Share Cash Dividend Payable on May 31, 2022 to Stockholders of Record on May 16, 2022

7 months ago - GlobeNewsWire

PacWest Bancorp (PACW) Q1 Earnings and Revenues Miss Estimates

PacWest (PACW) delivered earnings and revenue surprises of -3.81% and 4.39%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

PacWest Bancorp Announces Results for the First Quarter 2022

LOS ANGELES, April 19, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) -

7 months ago - GlobeNewsWire

PACIFIC WESTERN BANK RELEASES 2021 Environmental Social Governance REPORT

PACIFIC WESTERN BANK (THE "BANK"), THE WHOLLY-OWNED BANKING SUBSIDIARY OF PACWEST BANCORP (NASDAQ: PACW), ANNOUNCED TODAY THE RELEASE OF THE 2021 ENVIRONMENTAL SOCIAL GOVERNANCE REPORT, WHICH IS AVAILAB...

8 months ago - PRNewsWire

PacWest Bancorp Announces First Quarter Earnings Release Date

LOS ANGELES, March 17, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (the “Company”) will report its financial results for the quarter ended March 31, 2022 after the close of the stock market ...

8 months ago - GlobeNewsWire

These banks stocks are a great pick amidst inflation and Ukraine war

The rising rate environment is broadly known to be good for the banks but not all banks were made equal, said KBW's Tom Michaud, as he suggested that investors be selective when picking stocks. Why regi...

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8 months ago - Invezz

Top 2 stocks to consider before Fed interest rate hikes this year

The Fed has announced that there will be rate hikes this year. We are not sure how many but there is talk that the central bank will be more aggressive.

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9 months ago - Invezz

4 Stocks Worth Buying After Strong Earnings Reports This Week

These four relatively safe buy-ranked stocks reported strong earnings results this week.

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10 months ago - Zacks Investment Research

PacWest Bancorp (PACW) Is Up 2.61% in One Week: What You Should Know

Does PacWest Bancorp (PACW) have what it takes to be a top stock pick for momentum investors? Let's find out.

10 months ago - Zacks Investment Research

PacWest Bancorp (PACW) Q4 Earnings and Revenues Surpass Estimates

PacWest (PACW) delivered earnings and revenue surprises of 7.55% and 3.74%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

PacWest Bancorp Announces Results for the Fourth Quarter and Full Year 2021

LOS ANGELES, Jan. 19, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) -

10 months ago - GlobeNewsWire

PacWest Bancorp (PACW) Earnings Expected to Grow: Should You Buy?

PacWest (PACW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

10 months ago - Zacks Investment Research

PacWest Bancorp Announces Fourth Quarter Earnings Release Date

LOS ANGELES, Dec. 16, 2021 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (the “Company”) will report its financial results for the quarter and year ended December 31, 2021 after the close of the st...

11 months ago - GlobeNewsWire