Latest On PacWest Bancorp (PACW):
| Date/Time | Type | Description | Signal | Details |
|---|---|---|---|---|
| 2023-11-10 04:50 EST | Dividend | A dividend of $0.01 has been announced on Nov 1, 2023. It will be paid Nov 27, 2023 with an ex-dividend date of Nov 10, 2023. | Neutral |  |
| 2023-08-14 05:51 EST | Dividend | A dividend of $0.01 has been announced on Aug 2, 2023. It will be paid Aug 31, 2023 with an ex-dividend date of Aug 14, 2023. | Neutral | |
| 2023-05-25 10:25 EST | News | PacWest: Asset Sale Likely A Major Win | N/A | |
| 2023-05-24 20:28 EST | News | PacWest stock gaps up on sale of property lending arm | N/A | |
| 2023-05-23 16:11 EST | News | PacWest Bancorp Surges On Win-Win Deal With Kennedy-Wilson Holdings | N/A | |
About PacWest Bancorp (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 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 bankin read more...g 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. It operates through 70 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.
General
- Name PacWest Bancorp
- Symbol PACW
- Type Common Stock
- Exchange NASDAQ
- Currency USD
- Country USA
- SectorFinancial Services
- IndustryBanks-Regional
- Full Time Employees 1,700
- Fiscal Year EndDecember
- IPO Date2000-06-02
- Gic SectorFinancials
- Gic GroupBanks
- Gic IndustryBanks
- Gic SubIndustryRegional Banks
- Web URLhttp://www.pacwestbancorp.com
Valuation
- Trailing PE 5.9
- Forward PE 10
- Price/Sales (Trailing 12 Mt.) 3.75
- Price/Book (Most Recent Quarter) 1.19
Financials
- Most Recent Quarter 2020-12-31
- Current Year EPS Estimate $3.58
- Next Year EPS Estimate $3.77
- Next Quarter EPS Estimate $0.72
- Profit Margin -151%
- Operating Margin 43%
- Return on Assets -4%
- Return on Equity -29%
- Revenue 821.62 million
- Earnings Per Share $3.84
- Revenue Per Share $7.03
- Gross Profit 821.62 million
- Quarterly Earnings Growth 6.7%
ESG Rating
Highlights
- Market Capitalization 4.85 billion
- PEG Ratio 1.56
- Analyst Target Price $38.5
- Book Value Per Share $30.78
Share Statistics
- Shares Outstanding 119.18 million
- Shares Float 113.99 million
- % Held by Insiders 171%
- % Held by Institutions 82.66%
- Shares Short 2.88 million
- Shares Short Prior Month 2.59 million
- Short Ratio 2.63
- Short % of Float 3%
- Short % of Shares Outstanding 2%
Technicals
- Beta 1.61
- 52 Week High $42.59
- 52 Week Low $13.34
- 50 Day Moving Average 36.15
- 200 Day Moving Average 26.07
Dividends
- Forward Annual Dividend Rate $1
- Forward Annual Dividend Yield 2.49%
- Payout Ratio 52%
- Dividend Date 2021-03-10
- ExDividend Date 2021-02-26
- Dividend Per Share $1.35
- Dividend Yield 0%
PacWest Bancorp (PACW) Dividend Calendar:
PACW's last dividend payment was made to shareholders on March 10, 2021.
PacWest Bancorp pays out 52% of its earnings out as a dividend.
PacWest Bancorp (PACW) Earnings History:
Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.
PacWest Bancorp (PACW) Company Financial Statements:
Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.
Income Statement:
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Cash Flow:
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Balance Sheet:
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PacWest Bancorp (PACW) Chart:
PacWest Bancorp (PACW) News:
Below you will find a list of latest news for PacWest Bancorp (PACW) from major news sources. You can filter the results to only show news from a specific source.
No recent news available
PacWest Bancorp (PACW) Options:
A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.
Latest PACW Trades:
PacWest Bancorp (PACW) SEC Filings:
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.
| Date | Form Type | View |
|---|---|---|
| 2020-10-14 | 8-K (Current report) | |
| 2020-08-24 | 3 (Initial statement of beneficial ownership of securities) | |
| 2020-08-13 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-08-10 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-07-16 | 8-K (Current report) | |
| 2020-07-06 | 3 (Initial statement of beneficial ownership of securities) | |
| 2020-07-06 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-06-26 | 11-K (Annual report of employee stock purchase, savings and similar plans) | |
| 2020-06-26 | 11-K (Annual report of employee stock purchase, savings and similar plans) | |
| 2020-06-24 | 8-K (Current report) | |
| 2020-05-14 | 8-K (Current report) | |
| 2020-05-14 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-14 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-14 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-14 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-14 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-14 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-14 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-14 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-14 | 4 (Statement of changes in beneficial ownership of securities) | |
PacWest Bancorp (PACW) Insider Transactions:
Here you will find a list of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of PacWest Bancorp (PACW). Company insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
Insider Ownership: 171%
Institutional Ownership: 8266%
| Transaction Date | Insider Name | Insider Title | Type | Shares Number | Shares Price | Total Transaction | Shares Held After Transaction | Link |
|---|---|---|---|---|---|---|---|---|
| 2020-08-12 | William J Black | EVP, Strategy & Corp. Dev. | Buy | 110,550.00 | 110,550.00 | | ||
| 2020-05-12 | Tanya M Acker | Director | Buy | 3,396.00 | 10,406.00 | | ||
| 2020-05-12 | JOHN M III EGGEMEYER | Director | Buy | 6,793.00 | 222,184.00 | | ||
| 2020-05-12 | ROGER H MOLVAR | Director | Buy | 3,396.00 | 23,044.00 | | ||
| 2020-05-12 | SUSAN E LESTER | Director | Buy | 3,396.00 | 31,452.00 | | ||
| 2020-05-12 | DANIEL B PLATT | Director | Buy | 3,396.00 | 3,396.00 | | ||
| 2020-05-12 | ROBERT A STINE | Director | Buy | 3,396.00 | 3,396.00 | | ||
| 2020-05-12 | Arnold W Messer | Director | Buy | 3,396.00 | 39,196.00 | | ||
| 2020-05-12 | Paul Robert Burke | Director | Buy | 3,396.00 | 39,239.00 | | ||
| 2020-05-12 | C WILLIAM HOSLER | Director | Buy | 3,396.00 | 50,497.00 | | ||
| 2020-05-12 | CRAIG A CARLSON | Director | Buy | 3,396.00 | 6,021.00 | | ||
| 2020-04-24 | Tanya M Acker | Director | Buy | 1,600.00 | 16.37 | 26,198.72 | 7,010.00 | |
| 2020-04-23 | SUSAN E LESTER | Director | Buy | 1,000.00 | 16.21 | 16,205.60 | 28,056.00 | |
| 2020-03-16 | Paul Robert Burke | Director | Buy | 1,500.00 | 19.76 | 29,640.15 | 1,500.00 | |
| 2020-03-16 | CRAIG A CARLSON | Director | Buy | 700.00 | 19.77 | 13,836.83 | 2,500.00 | |
| 2020-03-16 | CRAIG A CARLSON | Director | Buy | 375.00 | 19.80 | 7,426.43 | 2,700.00 | |
| 2020-03-12 | ROBERT A STINE | Director | Buy | 9,200.00 | 21.55 | 198,288.52 | 31,635.00 | |
| 2020-03-12 | MARK YUNG | EVP, Chief Operating Officer | Buy | 600.00 | 21.56 | 12,933.00 | 5,270.00 | |
| 2020-03-12 | MARK YUNG | EVP, Chief Operating Officer | Buy | 3,700.00 | 23.19 | 85,803.00 | 8,970.00 | |
| 2020-03-03 | PATRICK J RUSNAK | EVP, Chief Financial Officer | Buy | 3,000.00 | 31.00 | 93,000.00 | 118,127.00 | |