PacWest Bancorp Stock (NASDAQ:PACW)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$7.75

52W Range

$2.48 - $30.07

50D Avg

$7.66

200D Avg

$9.19

Market Cap

$904.52M

Avg Vol (3M)

$4.80M

Beta

1.43

Div Yield

$0.04 (0.13%)

PACW Company Profile


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 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, remote deposit, and online and mobile banking services; and automated teller machine services. The company offers its products and services to small and mid-sized companies, venture capital and private equity investors, professionals, and other individuals. As of February 1, 2022, it operated through 69 full-service branches located in California; one branch located in Durham, North Carolina; one branch located in Denver, Colorado; and various loan production offices. 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.

Show More

Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

2,438

IPO Date

Jun 05, 2000

Website

PACW Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 22Dec 21Dec 20
Service Charges On Deposit Accounts$13.99M$13.27M$10.35M
Other$947.00K$556.00K$2.00M
Other Commissions And Fees$15.75M$11.02M$13.41M
Noninterest Income$30.69M$24.84M$25.76M
Lease Equipment Income---
Interest---
Gain On Sale Of Securities---
Gain On Sale Of Loans---
Dividends and Gains (Losses) on Equity Investments---
Warranty Income---

Fiscal year ends in Dec 22 | Currency in USD

PACW Financial Summary


Dec 22Dec 21Dec 20
Revenue$1.29B$1.26B$1.13B
Operating Income$833.29M$822.33M$-1.16B
Net Income$423.61M$606.96M$-1.24B
EBITDA$882.53M$870.82M$-1.12B
Basic EPS$3.61$5.10$-10.59
Diluted EPS$3.61$5.10$-10.59

Fiscal year ends in Dec 22 | Currency in USD

Latest Earnings Call Transcripts


Q1 24Apr 23, 24 | 6:14 PM
Q4 23Jan 25, 24 | 4:48 PM
Q2 23Jul 26, 23 | 4:00 PM

Peer Comparison


TickerCompany
USBU.S. Bancorp
FHNFirst Horizon Corporation
TFCTruist Financial Corporation
HBANHuntington Bancshares Incorporated
KEYKeyCorp
ZIONZions Bancorporation, National Association
CMAComerica Incorporated
RFRegions Financial Corporation
WALWestern Alliance Bancorporation