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PacWest Bancorp (PACW)

Stock Price: $19.67 USD 1.04 (5.58%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed
After-hours: $19.41 -0.26 (-1.32%) Aug 7, 6:47 PM

Stock Price Chart

Key Info

Market Cap 2.33B
Revenue (ttm) 889.44M
Net Income (ttm) -1.08B
Shares Out 118.38M
EPS (ttm) -10.00
PE Ratio n/a
Forward PE 8.61
Dividend $2.05
Dividend Yield 10.42%

Stock Quote

Trading Day Aug 7, 2020
Last Price $19.67
Previous Close $18.63
Change ($) 1.04
Change (%) 5.58%
Day's Open 18.42
Day's Range 18.21 - 19.68
Day's Volume 1,258,001
52-Week Range 13.84 - 40.14

More Stats

Market Cap 2.33B
Enterprise Value 4.47B
Earnings Date (est) Oct 20, 2020
Ex-Dividend Date May 19, 2020
Shares Outstanding 118.38M
Float 114.77M
EPS (basic) -9.26
EPS (diluted) -10.00
FCF / Share 4.24
Dividend $2.05
Dividend Yield 10.42%
Earnings Yield n/a
FCF Yield 21.27%
Payout Ratio n/a
Shares Short 3.64M
Short Ratio 2.65
Short % of Float 4.62%
Beta 1.61
PE Ratio n/a
Forward PE 8.61
P/FCF Ratio 4.70
PS Ratio 2.62
PB Ratio 0.64
Revenue 889.44M
Operating Income -943.84M
Net Income -1.08B
Free Cash Flow 495.25M
Net Cash -2.14B
Net Cash / Share -18.09
Gross Margin 127.63%
Operating Margin -106.12%
Profit Margin -105.60%
FCF Margin 55.68%
ROA -4.36%
ROE -28.22%
ROIC -3.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (10)

Buy 5
Overweight 0
Hold 5
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$23.00*
(16.93% upside)
Low
20.0
Current: $19.67
High
26.5
Target: 23.00
*Average 12-month price target from 10 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,1351,1451,0501,00886269330630526780.07
Revenue Growth-0.82%8.96%4.2%16.92%24.4%126.37%0.33%14.08%234.07%-
Gross Profit1,1351,1451,0501,00886269330630526780.07
Operating Income63363355555848028778.0011687.50-106
Net Income46946535835230016945.1256.8050.70-62.02
Shares Outstanding11812212912012010244.3235.7035.5035.35
Earnings Per Share3.903.722.912.902.791.921.081.541.37-1.77
EPS Growth4.84%27.84%0.34%3.94%45.31%77.78%-29.87%12.41%--
Dividend Per Share2.402.302.002.002.001.251.000.790.210.04
Dividend Growth4.35%15%0%0%60%25%26.58%276.19%425%-
Operating Cash Flow58360848458159433250.25118170234
Capital Expenditures-70.03-40.94-71.21-59.72-74.0931.58-3.57-4.21-5.91-5.24
Free Cash Flow51356741352152036446.68114164229
Cash & Equivalents638386398420396313147164296109
Total Debt2,2171,8259301,3471,058817246121354355
Net Cash / Debt-1,580-1,439-531-927-661-504-98.9543.56-58.65-246
Assets26,77125,73124,99521,87021,28816,2356,5335,4645,5285,529
Liabilities21,81620,90620,01717,39116,89112,7285,7244,8754,9825,050
Book Value4,9554,8264,9784,4794,3983,506809589546479
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name PacWest Bancorp
Country United States
Employees 1,835
CEO Matthew P. Wagner

Stock Information

Ticker Symbol PACW
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: PACW
IPO Date June 2, 2000

Description

PacWest Bancorp operates as the holding company for Pacific Western Bank, a state chartered bank that provides commercial 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, and construction of commercial real estate properties; small business administration loans; asset-based loans for working capital needs; venture capital loans to support the start-up operations of entrepreneurial companies; and equipment-secured loans and leases. In addition, the company offers consumer loans comprising personal loans, auto loans, home equity lines of credit, revolving lines of credit, and other loans. Further, it provides international banking and multi-state deposit services; money market sweep products; investment advisory and asset management services; treasury and cash management services; telephone banking, and online and mobile banking services; and foreign exchange and ATM services. The company offers its products and services to small and mid-sized companies, entrepreneurial businesses and their venture capital, private equity investors, professionals, and other individuals. As of January 31, 2019, it had 74 full-service branches located throughout the state of California; and 1 branch in Durham, North Carolina. The company was formerly known as First Community Bancorp and changed its name to PacWest Bancorp in April 2008. PacWest Bancorp was founded in 1999 and is headquartered in Beverly Hills, California.