PacWest Bancorp (PACW) Stock Forecast, Price Target & Predictions
PACW Stock Forecast
PacWest Bancorp stock forecast is as follows: an average price target of $34.50 (represents a 357.56% upside from PACW’s last price of $7.54) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.
PACW Price Target
The average price target for PacWest Bancorp (PACW) is $34.50 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $51.00 to $26.00. This represents a potential 357.56% upside from PACW's last price of $7.54.
PACW Analyst Ratings
According to 2 Wall Street analysts, PacWest Bancorp's rating consensus is 'Hold'. The analyst rating breakdown for PACW stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
PacWest Bancorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Mar 13, 2023 | Andrew Terrell | Stephens | $32.00 | $9.75 | 228.21% | 324.40% |
| Feb 01, 2023 | - | Truist Financial | $29.00 | $27.66 | 4.84% | 284.62% |
| Dec 15, 2022 | - | Wells Fargo | $26.00 | $23.95 | 8.56% | 244.83% |
| Jun 15, 2022 | - | Truist Financial | $35.00 | $27.77 | 26.04% | 364.19% |
| Jun 13, 2022 | - | Truist Financial | $38.00 | $27.85 | 36.45% | 403.98% |
| Apr 21, 2022 | - | Wells Fargo | $50.00 | $38.10 | 31.23% | 563.13% |
| Apr 21, 2022 | - | Raymond James | $51.00 | $38.10 | 33.86% | 576.39% |
The latest PacWest Bancorp stock forecast, released on Mar 13, 2023 by Andrew Terrell from Stephens, set a price target of $32.00, which represents a 228.21% increase from the stock price at the time of the forecast ($9.75), and a 324.40% increase from PACW last price ($7.54).
PacWest Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $7.54 | $7.54 | $7.54 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of PacWest Bancorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to PacWest Bancorp's last price of $7.54. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 04, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Mar 13, 2023 | Wedbush | Neutral | Neutral | Hold |
| Dec 15, 2022 | Wells Fargo | - | Equal-Weight | Downgrade |
PacWest Bancorp's last stock rating was published by Wells Fargo on Oct 04, 2023. The company gave PACW a "Equal-Weight" rating, the same as its previous rate.
PacWest Bancorp Financial Forecast
PacWest Bancorp Revenue Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | $143.32M | $25.45M | $517.79M | $279.64M | $354.90M | $339.49M | $311.72M | $345.99M | $318.47M | $297.68M | $298.09M | $290.70M | $281.31M | $285.35M | $272.26M | $266.88M | $282.04M | $308.34M | $283.06M | $292.30M | $294.98M | $298.91M | $292.79M | $286.61M | $269.65M | $273.87M |
| Avg Forecast | $286.65M | $250.82M | $325.00M | $229.00M | $207.09M | $205.68M | $318.90M | $379.54M | $347.71M | $354.63M | $320.72M | $345.04M | $316.10M | $304.19M | $294.04M | $282.85M | $258.92M | $460.64M | $620.66M | $245.86M | $288.77M | $525.11M | $282.83M | $292.12M | $290.88M | $288.77M | $253.85M | $317.60M | $243.84M | $256.15M |
| High Forecast | $290.56M | $254.24M | $325.00M | $229.00M | $211.00M | $208.49M | $323.26M | $455.45M | $417.25M | $359.48M | $325.10M | $349.75M | $320.42M | $308.35M | $298.06M | $286.72M | $262.46M | $466.94M | $629.14M | $249.22M | $292.72M | $532.28M | $286.70M | $296.11M | $294.85M | $292.72M | $257.32M | $321.94M | $247.17M | $259.65M |
| Low Forecast | $282.79M | $247.44M | $325.00M | $229.00M | $200.00M | $202.91M | $314.61M | $303.64M | $278.17M | $349.86M | $316.40M | $340.40M | $311.85M | $300.10M | $290.08M | $279.04M | $255.44M | $454.45M | $612.31M | $242.55M | $284.88M | $518.04M | $279.03M | $288.19M | $286.96M | $284.89M | $250.43M | $313.32M | $240.56M | $252.71M |
| # Analysts | - | - | 1 | 3 | 5 | 4 | 8 | 17 | 20 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 8 | 10 |
| Surprise % | - | - | - | - | 0.69% | 0.12% | 1.62% | 0.74% | 1.02% | 0.96% | 0.97% | 1.00% | 1.01% | 0.98% | 1.01% | 1.03% | 1.09% | 0.62% | 0.44% | 1.09% | 0.98% | 0.59% | 1.00% | 1.00% | 1.01% | 1.04% | 1.15% | 0.90% | 1.11% | 1.07% |
PacWest Bancorp's average Quarter revenue forecast for Dec 23 based on 3 analysts is $229.00M, with a low forecast of $229.00M, and a high forecast of $229.00M. PACW's average Quarter revenue forecast represents a 59.78% increase compared to the company's last Quarter revenue of $143.32M (Sep 23).
PacWest Bancorp EBITDA Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | 1 | 3 | 5 | 4 | 8 | 17 | 20 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 8 | 10 |
| EBITDA | - | - | - | - | $-15.84M | $-252.97M | $-901.94M | $228.49M | $298.63M | $236.84M | $200.97M | $227.38M | $225.29M | $280.32M | $239.58M | $188.40M | $96.11M | $88.53M | $-1.36B | $216.41M | $228.63M | $253.30M | $227.10M | $209.40M | $203.76M | $198.55M | $200.04M | $175.41M | $169.55M | $176.17M |
| Avg Forecast | $95.93M | $83.94M | $250.18M | $76.63M | $69.30M | $68.83M | $227.44M | $215.10M | $214.14M | $211.76M | $206.76M | $195.54M | $194.67M | $138.44M | $144.80M | $108.26M | $134.24M | $120.72M | $-1.89B | $191.82M | $231.08M | $218.27M | $224.61M | $207.12M | $199.33M | $189.53M | $167.53M | $194.37M | $149.21M | $161.28M |
| High Forecast | $97.24M | $85.08M | $300.22M | $76.63M | $70.61M | $69.77M | $272.93M | $258.12M | $256.97M | $254.11M | $248.11M | $234.65M | $233.61M | $166.13M | $173.76M | $129.91M | $161.09M | $144.86M | $-1.52B | $230.18M | $277.30M | $261.93M | $269.53M | $248.54M | $239.20M | $227.43M | $201.04M | $233.25M | $179.05M | $193.54M |
| Low Forecast | $94.64M | $82.81M | $200.15M | $76.63M | $66.93M | $67.90M | $181.95M | $172.08M | $171.31M | $169.40M | $165.41M | $156.44M | $155.74M | $110.76M | $115.84M | $86.61M | $107.39M | $96.57M | $-2.27B | $153.45M | $184.87M | $174.62M | $179.68M | $165.70M | $159.47M | $151.62M | $134.02M | $155.50M | $119.37M | $129.03M |
| Surprise % | - | - | - | - | -0.23% | -3.68% | -3.97% | 1.06% | 1.39% | 1.12% | 0.97% | 1.16% | 1.16% | 2.02% | 1.65% | 1.74% | 0.72% | 0.73% | 0.72% | 1.13% | 0.99% | 1.16% | 1.01% | 1.01% | 1.02% | 1.05% | 1.19% | 0.90% | 1.14% | 1.09% |
8 analysts predict PACW's average Quarter EBITDA for Mar 23 to be $227.44M, with a high of $272.93M and a low of $181.95M. This is -0.46% lower than PacWest Bancorp's previous annual EBITDA (Dec 22) of $228.49M.
PacWest Bancorp Net Income Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | 1 | 3 | 5 | 4 | 8 | 17 | 20 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 8 | 10 |
| Net Income | - | - | - | - | $-23.34M | $-197.41M | $-1.20B | $49.51M | $131.62M | $122.36M | $120.13M | $136.04M | $140.00M | $180.51M | $150.41M | $116.83M | $45.50M | $33.20M | $-1.43B | $117.88M | $110.03M | $128.13M | $112.60M | $115.04M | $116.29M | $115.73M | $118.28M | $84.04M | $101.47M | $93.65M |
| Avg Forecast | $182.27M | $158.67M | $149.55M | $141.57M | $146.37M | $140.89M | $135.95M | $128.70M | $133.06M | $128.08M | $123.59M | $117.00M | $120.97M | $89.15M | $90.90M | $67.13M | $63.56M | $45.28M | $-2.00B | $104.49M | $111.21M | $110.41M | $111.37M | $113.79M | $113.76M | $110.47M | $99.06M | $93.12M | $89.29M | $85.73M |
| High Forecast | $185.51M | $161.49M | $179.46M | $169.88M | $175.64M | $169.06M | $163.14M | $154.44M | $159.68M | $153.69M | $148.31M | $140.40M | $145.16M | $106.98M | $109.09M | $80.56M | $76.27M | $54.33M | $-1.60B | $125.38M | $133.45M | $132.49M | $133.64M | $136.55M | $136.51M | $132.57M | $118.87M | $111.75M | $107.15M | $102.88M |
| Low Forecast | $179.08M | $155.90M | $119.64M | $113.25M | $117.10M | $112.71M | $108.76M | $102.96M | $106.45M | $102.46M | $98.87M | $93.60M | $96.77M | $71.32M | $72.72M | $53.71M | $50.85M | $36.22M | $-2.40B | $83.59M | $88.97M | $88.32M | $89.09M | $91.03M | $91.01M | $88.38M | $79.24M | $74.50M | $71.43M | $68.59M |
| Surprise % | - | - | - | - | -0.16% | -1.40% | -8.79% | 0.38% | 0.99% | 0.96% | 0.97% | 1.16% | 1.16% | 2.02% | 1.65% | 1.74% | 0.72% | 0.73% | 0.72% | 1.13% | 0.99% | 1.16% | 1.01% | 1.01% | 1.02% | 1.05% | 1.19% | 0.90% | 1.14% | 1.09% |
PacWest Bancorp's average Quarter net income forecast for Mar 23 is $135.95M, with a range of $108.76M to $163.14M. PACW's average Quarter net income forecast represents a 174.60% increase compared to the company's last Quarter net income of $49.51M (Dec 22).
PacWest Bancorp SG&A Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | 1 | 3 | 5 | 4 | 8 | 17 | 20 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 8 | 10 |
| SG&A | - | - | - | - | $109.94M | $108.52M | $100.19M | $113.33M | $122.66M | $117.43M | $107.36M | $112.90M | $109.14M | $102.31M | $91.74M | $84.95M | $85.58M | $78.39M | $71.98M | $85.58M | $82.57M | $79.87M | $81.81M | $80.43M | $84.52M | $82.14M | $83.41M | $84.13M | $75.57M | $76.48M |
| Avg Forecast | $87.29M | $76.38M | $133.65M | $117.49M | $114.11M | $135.21M | $121.50M | $106.81M | $103.73M | $122.92M | $110.46M | $97.10M | $94.30M | $50.53M | $55.45M | $48.82M | $119.53M | $106.89M | $100.47M | $75.85M | $83.46M | $68.83M | $80.91M | $79.56M | $82.68M | $78.41M | $69.86M | $93.23M | $66.51M | $70.02M |
| High Forecast | $88.48M | $77.42M | $160.38M | $140.98M | $136.93M | $162.25M | $145.80M | $128.17M | $124.48M | $147.50M | $132.55M | $116.52M | $113.16M | $60.63M | $66.54M | $58.58M | $143.44M | $128.27M | $120.56M | $91.02M | $100.15M | $82.59M | $97.09M | $95.47M | $99.22M | $94.09M | $83.83M | $111.88M | $79.81M | $84.02M |
| Low Forecast | $86.11M | $75.35M | $106.92M | $93.99M | $91.29M | $108.17M | $97.20M | $85.44M | $82.99M | $98.34M | $88.36M | $77.68M | $75.44M | $40.42M | $44.36M | $39.05M | $95.63M | $85.51M | $80.37M | $60.68M | $66.76M | $55.06M | $64.73M | $63.65M | $66.15M | $62.72M | $55.88M | $74.58M | $53.20M | $56.01M |
| Surprise % | - | - | - | - | 0.96% | 0.80% | 0.82% | 1.06% | 1.18% | 0.96% | 0.97% | 1.16% | 1.16% | 2.02% | 1.65% | 1.74% | 0.72% | 0.73% | 0.72% | 1.13% | 0.99% | 1.16% | 1.01% | 1.01% | 1.02% | 1.05% | 1.19% | 0.90% | 1.14% | 1.09% |
PacWest Bancorp's average Quarter SG&A projection for Dec 23 is $117.49M, based on 3 Wall Street analysts, with a range of $93.99M to $140.98M. The forecast indicates a 6.86% rise compared to PACW last annual SG&A of $109.94M (Sep 23).
PacWest Bancorp EPS Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | 1 | 3 | 5 | 4 | 8 | 17 | 20 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 8 | 10 |
| EPS | - | - | - | - | $-0.20 | $-1.67 | $-10.14 | $0.33 | $1.02 | $1.02 | $1.01 | $1.16 | $1.17 | $1.52 | $1.27 | $0.99 | $0.38 | $0.28 | $-12.23 | $0.98 | $0.92 | $1.07 | $0.92 | $0.93 | $0.94 | $0.92 | $0.93 | $0.66 | $0.84 | $0.77 |
| Avg Forecast | $1.54 | $1.34 | $0.16 | $-0.24 | $0.04 | $0.18 | $0.65 | $1.01 | $1.06 | $1.06 | $1.04 | $1.01 | $1.03 | $0.97 | $0.91 | $0.67 | $0.63 | $0.44 | $0.70 | $0.88 | $0.93 | $0.94 | $0.91 | $0.92 | $0.92 | $0.88 | $0.80 | $0.74 | $0.75 | $0.71 |
| High Forecast | $1.56 | $1.36 | $0.16 | $0.07 | $0.15 | $0.18 | $0.66 | $1.03 | $1.08 | $1.08 | $1.06 | $1.03 | $1.05 | $0.99 | $0.93 | $0.68 | $0.64 | $0.45 | $0.71 | $0.90 | $0.95 | $0.96 | $0.93 | $0.94 | $0.94 | $0.90 | $0.81 | $0.75 | $0.76 | $0.72 |
| Low Forecast | $1.51 | $1.31 | $-0.10 | $-0.24 | $-0.01 | $0.18 | $0.64 | $0.99 | $1.04 | $1.04 | $1.02 | $0.99 | $1.01 | $0.95 | $0.89 | $0.66 | $0.62 | $0.43 | $0.69 | $0.86 | $0.91 | $0.92 | $0.89 | $0.90 | $0.90 | $0.86 | $0.79 | $0.73 | $0.74 | $0.70 |
| Surprise % | - | - | - | - | -5.00% | -9.28% | -15.60% | 0.33% | 0.96% | 0.96% | 0.97% | 1.15% | 1.14% | 1.57% | 1.40% | 1.48% | 0.60% | 0.64% | -17.47% | 1.11% | 0.99% | 1.14% | 1.01% | 1.01% | 1.02% | 1.05% | 1.16% | 0.89% | 1.12% | 1.08% |
According to 8 Wall Street analysts, PacWest Bancorp's projected average Quarter EPS for Mar 23 is $0.65, with a low estimate of $0.64 and a high estimate of $0.66. This represents a 96.97% increase compared to PACW previous annual EPS of $0.33 (Dec 22).
PacWest Bancorp Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PACW | PacWest Bancorp | $7.54 | $34.50 | 357.56% | Hold |
| TFC | Truist Financial | $41.84 | $54.07 | 29.23% | Buy |
| CMA | Comerica | $57.49 | $73.42 | 27.71% | Buy |
| ZION | Zions Bancorporation, National Association | $46.49 | $58.00 | 24.76% | Hold |
| USB | U.S. Bancorp | $44.62 | $54.98 | 23.22% | Buy |
| KEY | KeyCorp | $16.09 | $19.63 | 22.00% | Buy |
| FHN | First Horizon | $15.81 | $18.61 | 17.71% | Buy |
| HBAN | Huntington Bancshares | $14.38 | $16.04 | 11.54% | Buy |
| RF | Regions Financial | $21.97 | $24.19 | 10.10% | Buy |
| WAL | Western Alliance Ban | $81.91 | $86.75 | 5.91% | Buy |
PACW Forecast FAQ
Is PacWest Bancorp a good buy?
No, according to 2 Wall Street analysts, PacWest Bancorp (PACW) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of PACW's total ratings.
What is PACW's price target?
PacWest Bancorp (PACW) average price target is $34.5 with a range of $26 to $51, implying a 357.56% from its last price of $7.54. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will PacWest Bancorp stock go up soon?
According to Wall Street analysts' prediction for PACW stock, the company can go up by 357.56% (from the last price of $7.54 to the average price target of $34.5), up by 576.39% based on the highest stock price target, and up by 244.83% based on the lowest stock price target.
Can PacWest Bancorp stock reach $11?
PACW's average twelve months analyst stock price target of $34.5 supports the claim that PacWest Bancorp can reach $11 in the near future.
What are PacWest Bancorp's analysts' financial forecasts?
PACW's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $960.68M (high $971.75M, low $946.52M), average EBITDA is $442.21M (high $489.94M, low $393.42M), average net income is $564.78M (high $677.73M, low $451.82M), average SG&A $488.31M (high $585.97M, low $390.64M), and average EPS is $0.63 (high $1.06, low $0.565).
Did the PACW's actual financial results beat the analysts' financial forecasts?
Based on PacWest Bancorp's last annual report (Dec 2022), the company's revenue was $1.29B, which missed the average analysts forecast of $1.4B by -8.33%. Apple's EBITDA was $882.53M, beating the average prediction of $847.75M by 4.10%. The company's net income was $423.61M, missing the average estimation of $513.43M by -17.49%. Apple's SG&A was $432.32M, missing the average forecast of $443.91M by -2.61%. Lastly, the company's EPS was $3.61, missing the average prediction of $4.17 by -13.43%. In terms of the last quarterly report (Sep 2023), PacWest Bancorp's revenue was $143.32M, missing the average analysts' forecast of $207.1M by -30.79%. The company's EBITDA was $-15.844M, missing the average prediction of $69.3M by -122.86%. PacWest Bancorp's net income was $-23.344M, missing the average estimation of $146.37M by -115.95%. The company's SG&A was $109.94M, missing the average forecast of $114.11M by -3.65%. Lastly, the company's EPS was $-0.2, missing the average prediction of $0.04 by -600.00%