PacWest Bancorp Company Profile (NASDAQ:PACW)

About PacWest Bancorp

PacWest Bancorp logoPacWest Bancorp is a bank holding company for Pacific Western Bank (the Bank). The Company is focused on relationship-based business banking to small, middle-market and venture-backed businesses. The Bank offers a range of loan and deposit products and services through approximately 80 branches located throughout the state of California. The Company provides commercial banking services, and deposit and treasury management services to small and middle-market businesses. It offers products and services under the brand names of Pacific Western, as well as its business groups, CapitalSource Inc. and Square 1 Bank. CapitalSource focuses on providing cash flow, asset-based, equipment and real estate loans and treasury management services to middle market businesses. Square 1 Bank focuses on providing a range of financial products to service entrepreneurial businesses and their venture capital and private equity investors.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Pacific Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: PACW
  • CUSIP: 69526310
Key Metrics:
  • Previous Close: $42.35
  • 50 Day Moving Average: $41.35
  • 200 Day Moving Average: $38.52
  • Trailing P/E Ratio: 15.76
  • Foreward P/E Ratio: 14.12
  • P/E Growth: 1.47
  • Market Cap: $5.10B
  • Outstanding Shares: 120,412,000
  • Beta: 1.76
Additional Links:
Companies Related to PacWest Bancorp:

Analyst Ratings

Consensus Ratings for PacWest Bancorp (NASDAQ:PACW) (?)
Ratings Breakdown: 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $45.00 (6.26% upside)

Analysts' Ratings History for PacWest Bancorp (NASDAQ:PACW)
Show:
DateFirmActionRatingPrice TargetDetails
7/18/2016BMO Capital MarketsReiterated RatingHoldView Rating Details
7/18/2016DA DavidsonDowngradeBuy -> Neutral$45.00View Rating Details
7/18/2016FBR & CoReiterated RatingOutperform$48.00 -> $46.00View Rating Details
5/17/2016Piper Jaffray Cos.Reiterated RatingOverweight$45.00View Rating Details
3/24/2016Keefe, Bruyette & WoodsLower Price TargetBuy$50.00 -> $45.00View Rating Details
12/21/2015Wells Fargo & Co.Initiated CoverageOutperformView Rating Details
10/19/2015Royal Bank Of CanadaLower Price TargetSector Perform$50.00 -> $48.00View Rating Details
2/13/2015StephensInitiated CoverageEqual WeightView Rating Details
11/20/2014Sterne Agee CRTInitiated CoverageBuyView Rating Details
9/26/2014WunderlichBoost Price TargetBuy$47.00 -> $52.00View Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for PacWest Bancorp (NASDAQ:PACW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/13/2016        
7/15/2016Q2$0.69$0.68$266.01 millionViewN/AView Earnings Details
4/14/2016Q1$0.70$0.74ViewN/AView Earnings Details
1/21/2016Q4$0.67$0.70$246.47 millionViewN/AView Earnings Details
10/15/2015Q315$0.71$0.63$215.97 millionViewN/AView Earnings Details
7/15/2015Q215$0.70$0.70$212.80 million$222.20 millionViewN/AView Earnings Details
4/16/2015Q1$0.68$0.61$207.22 millionViewN/AView Earnings Details
1/22/2015$0.70$0.66ViewN/AView Earnings Details
10/22/2014Q3$0.67$0.66$214.23 million$205.15 millionViewN/AView Earnings Details
7/22/2014Q214$0.62$0.64$191.37 millionViewN/AView Earnings Details
4/23/2014$0.48$0.55$95.10 millionViewN/AView Earnings Details
1/23/2014Q413$0.50$0.34$84.41 millionViewN/AView Earnings Details
10/16/2013Q313$0.49$0.49$83.76 millionViewN/AView Earnings Details
7/23/2013Q2 2013$0.45$0.39$78.67 millionViewN/AView Earnings Details
4/17/2013Q113$0.48$0.37$74.72 millionViewN/AView Earnings Details
1/16/2013Q412$0.49$0.54ViewN/AView Earnings Details
10/17/2012$0.46$0.43ViewN/AView Earnings Details
7/18/2012$0.46$0.42ViewN/AView Earnings Details
4/18/2012$0.39$0.14ViewN/AView Earnings Details
1/18/2012$0.39$0.38ViewN/AView Earnings Details
10/20/2011$0.34$0.36ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for PacWest Bancorp (NASDAQ:PACW)
Current Year EPS Consensus Estimate: $2.86 EPS
Next Year EPS Consensus Estimate: $3.00 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.67$0.74$0.71
Q2 20163$0.68$0.72$0.71
Q3 20163$0.69$0.75$0.72
Q4 20163$0.72$0.76$0.74
Q1 20172$0.71$0.72$0.72
Q2 20172$0.74$0.76$0.75
Q3 20172$0.77$0.82$0.80
Q4 20172$0.78$0.85$0.82
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for PacWest Bancorp (NASDAQ:PACW)
Annual Dividend:$2.00
Dividend Yield:4.72%
Payout Ratio:74.07% (Based on Trailing 12 Months of Earnings)
69.93% (Based on Current Year Consensus EPS Estimate)
66.67% (Based on Next Year Consensus EPS Estimate)

Dividend History for PacWest Bancorp (NASDAQ:PACW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/1/2016quarterly$0.504.93%8/11/20168/15/20168/31/2016
5/3/2016Quarterly$0.505/12/20165/16/20165/31/2016
2/2/2016Quarterly$0.502/11/20162/16/20162/29/2016
11/3/2015quarterly$0.504.34%11/12/201511/16/201511/30/2015
8/6/2015quarterly$0.504.3%8/13/20158/17/20158/28/2015
5/14/2015quarterly$0.504.32%5/21/20155/26/20156/4/2015
2/12/2015quarterly$0.504.27%2/19/20152/23/20153/5/2015
11/5/2014quarterly$0.504.38%11/13/201411/17/201411/26/2014
8/6/2014quarterly$0.252.5%8/14/20148/18/20148/26/2014
5/14/2014quarterly$0.252.52%5/22/20145/27/20146/5/2014
2/12/2014quarterly$0.252.49%2/20/20142/24/20143/5/2014
11/6/2013quarterly$0.252.61%11/14/201311/18/201311/29/2013
8/7/2013quarterly$0.252.85%8/15/20138/19/20138/30/2013
4/26/2013quarterly$0.253.62%5/2/20135/6/20135/15/2013
2/13/2013quarterly$0.253.6%2/21/20132/25/20133/5/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for PacWest Bancorp (NASDAQ:PACW)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/25/2016John M Eggemeyer IIIDirectorSell390,000$42.13$16,430,700.00View SEC Filing  
8/23/2016John M Eggemeyer IIIDirectorSell270,000$42.33$11,429,100.00View SEC Filing  
8/22/2016John M Eggemeyer IIIDirectorSell340,000$41.89$14,242,600.00View SEC Filing  
7/22/2016Kori OgroskyEVPSell2,000$41.07$82,140.00View SEC Filing  
4/20/2016Suzanne R BrennanEVPSell20,000$40.01$800,200.00View SEC Filing  
3/10/2016Matthew P WagnerCEOBuy7,500$34.60$259,500.00View SEC Filing  
2/24/2016James PieczynskiEVPBuy5,000$30.99$154,950.00View SEC Filing  
2/23/2016Matthew P WagnerCEOBuy7,800$31.95$249,210.00View SEC Filing  
2/18/2016Patrick J RusnakCFOBuy2,000$31.49$62,980.00View SEC Filing  
2/11/2016Roger H MolvarDirectorBuy2,000$30.65$61,300.00View SEC Filing  
2/1/2016Robert A StineDirectorBuy5,500$36.29$199,595.00View SEC Filing  
1/26/2016Daniel B PlattDirectorBuy425$34.84$14,807.00View SEC Filing  
1/25/2016Craig A CarlsonDirectorBuy125$34.78$4,347.50View SEC Filing  
1/25/2016Matthew P WagnerCEOBuy3,650$34.81$127,056.50View SEC Filing  
12/11/2015Patrick J RusnakCFOBuy2,200$43.79$96,338.00View SEC Filing  
11/24/2015Lynn M HopkinsCAOSell5,000$46.92$234,600.00View SEC Filing  
11/19/2015Victor R SantoroInsiderSell50,000$45.64$2,282,000.00View SEC Filing  
11/13/2015Paul Robert BurkeDirectorSell66,816$44.50$2,973,312.00View SEC Filing  
11/11/2015Paul Robert BurkeDirectorSell547,800$46.83$25,653,474.00View SEC Filing  
11/6/2015Paul Robert BurkeDirectorSell202,200$47.21$9,545,862.00View SEC Filing  
10/30/2015Patrick J RusnakCFOBuy2,400$44.75$107,400.00View SEC Filing  
10/28/2015John M Eggemeyer IIIDirectorSell165,710$45.26$7,500,034.60View SEC Filing  
10/27/2015John M Eggemeyer IIIDirectorSell913,525$45.04$41,145,166.00View SEC Filing  
10/21/2015Patrick J RusnakCFOBuy2,400$43.09$103,416.00View SEC Filing  
10/19/2015Patrick J RusnakCFOBuy2,400$42.49$101,976.00View SEC Filing  
10/13/2015John M Eggemeyer IIIDirectorSell52,000$45.04$2,342,080.00View SEC Filing  
10/9/2015John M Eggemeyer IIIDirectorSell7,500$45.04$337,800.00View SEC Filing  
6/11/2015Suzanne R BrennanEVPSell1,705$47.21$80,493.05View SEC Filing  
6/5/2015Matthew P WagnerCEOSell81,584$46.09$3,760,206.56View SEC Filing  
6/3/2015Daniel B PlattDirectorSell18,000$45.82$824,760.00View SEC Filing  
6/2/2015Bryan M CorsiniEVPSell8,000$45.29$362,320.00View SEC Filing  
5/27/2015Victor R SantoroCFOSell10,000$45.21$452,100.00View SEC Filing  
5/8/2015James PieczynskiEVPSell50,000$45.62$2,281,000.00View SEC Filing  
11/14/2014James PieczynskiEVPSell48,504$45.48$2,205,961.92View SEC Filing  
10/31/2014Suzanne R BrennanEVPSell15,524$42.43$658,683.32View SEC Filing  
8/20/2014Mark A ChristianEVPSell23,304$40.89$952,900.56View SEC Filing  
7/24/2014Bryan M CorsiniEVPSell25,000$41.50$1,037,500.00View SEC Filing  
3/10/2014Jared WolffEVPSell55,000$44.62$2,454,100.00View SEC Filing  
3/10/2014John Eggemeyer IIIDirectorSell30,000$44.48$1,334,400.00View SEC Filing  
3/10/2014Victor SantoroCFOSell5,000$44.33$221,650.00View SEC Filing  
1/29/2014Stephen DunnDirectorSell18,000$41.50$747,000.00View SEC Filing  
1/28/2014Michael PerduePresidentSell16,565$41.89$693,907.85View SEC Filing  
1/27/2014Mark ChristianEVPSell13,433$42.00$564,186.00View SEC Filing  
1/27/2014Susan LesterDirectorBuy8,000$42.60$340,800.00View SEC Filing  
12/13/2013Lynn HopkinsEVPSell10,000$41.24$412,400.00View SEC Filing  
12/12/2013Michael ThompsonEVPSell10,000$41.96$419,600.00View SEC Filing  
12/9/2013Mark ChristianEVPSell9,626$42.46$408,719.96View SEC Filing  
12/2/2013Matthew WagnerCEOBuy2,415$41.30$99,739.50View SEC Filing  
11/20/2013Robert DyckEVPSell10,000$39.35$393,500.00View SEC Filing  
11/4/2013Susan E LesterDirectorBuy2,000$38.03$76,060.00View SEC Filing  
9/16/2013Barry FitzpatrickDirectorBuy3,000$33.41$100,230.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for PacWest Bancorp (NASDAQ:PACW)
DateHeadline
reuters.com logoBRIEF-Donald Destino joins Pacwest Bancorp as executive vice president (NASDAQ:PACW)
www.reuters.com - August 29 at 11:10 AM
publicnow.com logoDonald D. Destino Joins PacWest Bancorp as Executive Vice President, Investor Relations and Corporate Development (NASDAQ:PACW)
www.publicnow.com - August 29 at 11:10 AM
247wallst.com logoHuge Insider Selling Continues With Markets Still Near Highs: Wal-Mart, Facebook, Juniper Networks, Home Depot and More (NASDAQ:PACW)
247wallst.com - August 28 at 10:42 AM
finance.yahoo.com logoSquare 1 Bank Announces Credit Facility to Revionics (NASDAQ:PACW)
finance.yahoo.com - August 24 at 9:47 AM
4-traders.com logoPacWest Bancorp : DecisionPoint Systems Announces New Credit Facility With Union Bank And CapitalSource Business Financial Group (NASDAQ:PACW)
www.4-traders.com - August 23 at 11:08 AM
finance.yahoo.com logoDecisionPoint Systems Announces New Credit Facility With Union Bank And CapitalSource Business Financial Group (NASDAQ:PACW)
finance.yahoo.com - August 22 at 6:40 PM
finance.yahoo.com logoSquare 1 Bank Announces Credit Facility to ShopRunner (NASDAQ:PACW)
finance.yahoo.com - August 16 at 6:52 PM
finance.yahoo.com logoPACWEST BANCORP Financials (NASDAQ:PACW)
finance.yahoo.com - August 16 at 6:52 PM
tradecalls.org logoPacWest Bancorp (PACW) Shares are Up 2.95% (NASDAQ:PACW)
www.tradecalls.org - August 9 at 6:58 PM
tradecalls.org logoPacWest Bancorp (PACW) Shares are Up 2.95% - Trade Calls (NASDAQ:PACW)
www.tradecalls.org - August 9 at 9:54 AM
biz.yahoo.com logoPACWEST BANCORP Files SEC form 10-Q, Quarterly Report (NASDAQ:PACW)
biz.yahoo.com - August 9 at 9:54 AM
biz.yahoo.com logoPACWEST BANCORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:PACW)
biz.yahoo.com - August 8 at 6:56 PM
investing.com logo5 Top Trade Ideas For The Week: CDNS, CINF, PACW, PTEN, URI (NASDAQ:PACW)
www.investing.com - August 8 at 11:22 AM
investornewswire.com logoStrong Sell Calls For PacWest Bancorp (NASDAQ:PACW) At 0 - Investor Newswire (NASDAQ:PACW)
www.investornewswire.com - August 7 at 6:20 PM
investornewswire.com logoPacWest Bancorp (NASDAQ:PACW) Yearly Sales Target At $1099.257 - Investor Newswire (NASDAQ:PACW)
www.investornewswire.com - August 7 at 6:20 PM
capitalcube.com logoPacWest Bancorp breached its 50 day moving average in a Bearish Manner : PACW-US : August 3, 2016 (NASDAQ:PACW)
www.capitalcube.com - August 3 at 7:03 PM
reuters.com logoBRIEF-PacWest bancorp declares quarterly cash dividend - Reuters (NASDAQ:PACW)
www.reuters.com - August 2 at 7:00 PM
publicnow.com logoPacWest Bancorp Announces Quarterly Dividend (NASDAQ:PACW)
www.publicnow.com - August 1 at 8:11 AM
investornewswire.com logoCan Shares Of PacWest Bancorp (NASDAQ:PACW) Hit $50? - Investor Newswire (NASDAQ:PACW)
www.investornewswire.com - July 30 at 9:35 AM
capitalcube.com logoETF’s with exposure to PacWest Bancorp : July 29, 2016 (NASDAQ:PACW)
www.capitalcube.com - July 29 at 1:45 PM
forbes.com logoPacWest Bancorp Named Top Dividend Stock With Insider Buying and 4.87% Yield (PACW) (NASDAQ:PACW)
www.forbes.com - July 25 at 5:01 PM
investornewswire.com logoPacWest Bancorp (NASDAQ:PACW) Analyst Rating Update - Investor Newswire (NASDAQ:PACW)
www.investornewswire.com - July 24 at 6:13 PM
investornewswire.com logoPacWest Bancorp (NASDAQ:PACW) Expected To Post Sales Of $1099.257 - Investor Newswire (NASDAQ:PACW)
www.investornewswire.com - July 24 at 10:53 AM
News IconPacWest Bancorp (NASDAQ:PACW): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NASDAQ:PACW)
www.engelwooddaily.com - July 22 at 6:36 PM
investornewswire.com logoIs $50 Price Target Attainable For PacWest Bancorp (NASDAQ:PACW)? - Investor Newswire (NASDAQ:PACW)
www.investornewswire.com - July 22 at 6:36 PM
news.cmlviz.com logoPacWest Bancorp (NASDAQ:PACW) Fundamental Star Rating Report - CML News (NASDAQ:PACW)
news.cmlviz.com - July 22 at 6:36 PM
tradecalls.org logoRevenue Update on PacWest Bancorp(NASDAQ:PACW) - Trade Calls (NASDAQ:PACW)
www.tradecalls.org - July 22 at 6:36 PM
News IconFriday Session Wrap-up for PacWest Bancorp (NASDAQ:PACW) - Engelwood Daily (NASDAQ:PACW)
www.engelwooddaily.com - July 22 at 6:36 PM
capitalcube.com logoPacWest Bancorp :PACW-US: Earnings Analysis: Q2, 2016 By the Numbers : July 21, 2016 (NASDAQ:PACW)
www.capitalcube.com - July 21 at 11:31 AM
News IconStock Strength in Focus for PacWest Bancorp (NASDAQ:PACW) - Press Telegraph (NASDAQ:PACW)
presstelegraph.com - July 20 at 7:31 PM
News IconLong Term Value Play: PacWest Bancorp (NASDAQ:PACW) - TGP (NASDAQ:PACW)
telanaganapress.com - July 19 at 6:50 PM
tradecalls.org logoShares of PacWest Bancorp (PACW) Rally 4.97% - Trade Calls (NASDAQ:PACW)
www.tradecalls.org - July 19 at 6:50 PM
capitalcube.com logoETF’s with exposure to PacWest Bancorp : July 19, 2016 (NASDAQ:PACW)
www.capitalcube.com - July 19 at 12:58 PM
News IconShares Lower on the Year PacWest Bancorp (NASDAQ:PACW) - Press Telegraph (NASDAQ:PACW)
presstelegraph.com - July 19 at 7:35 AM
News IconAnalysts Pounding the Table on Shares of PacWest Bancorp (NASDAQ:PACW) - TGP (NASDAQ:PACW)
telanaganapress.com - July 19 at 7:35 AM
news.cmlviz.com logoPacWest Bancorp Stock Momentum Hits Strength - CML News (NASDAQ:PACW)
news.cmlviz.com - July 19 at 7:35 AM
benzinga.com logoPacWest Downgraded To Neutral By D.A. Davidson - Benzinga (NASDAQ:PACW)
www.benzinga.com - July 19 at 7:35 AM
feeds.benzinga.com logoPacWest Downgraded To Neutral By D.A. Davidson (NASDAQ:PACW)
feeds.benzinga.com - July 18 at 12:22 PM
investornewswire.com logoPacWest Bancorp (NASDAQ:PACW) Yearly Sales Target At $1133.706 - Investor Newswire (NASDAQ:PACW)
www.investornewswire.com - July 18 at 12:09 PM
News IconPacWest Bancorp (NASDAQ:PACW) to Report Quarterly Earnings: What's in the Cards? - Post Registrar (NASDAQ:PACW)
postregistrar.com - July 18 at 12:09 PM
finance.yahoo.com logoCompany News for July 18, 2016 (NASDAQ:PACW)
finance.yahoo.com - July 18 at 10:10 AM
4-traders.com logoPacWest Bancorp Announces Results for the Second Quarter 2016 (NASDAQ:PACW)
www.4-traders.com - July 16 at 9:58 AM
reuters.com logoBRIEF-PacWest Bancorp Q2 earnings per share $0.68 (NASDAQ:PACW)
www.reuters.com - July 16 at 9:58 AM
finance.yahoo.com logo7:02 am PacWest Bancorp misses by $0.02 (NASDAQ:PACW)
finance.yahoo.com - July 16 at 7:02 AM
finance.yahoo.com logoPacWest Bancorp Announces Results for the Second Quarter 2016 - Yahoo Finance (NASDAQ:PACW)
finance.yahoo.com - July 15 at 5:44 PM
News IconAnalyst Target and Average Rating Watch: PacWest Bancorp (NASDAQ:PACW) - Press Telegraph (NASDAQ:PACW)
presstelegraph.com - July 15 at 11:43 AM
News IconPacWest Bancorp (NASDAQ:PACW) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NASDAQ:PACW)
www.engelwooddaily.com - July 15 at 11:43 AM
News IconCardinal Capital Management LLC Increased Pacwest Bancorp Del (NASDAQ:PACW) by $6.98 Million as Shares ... - Consumer Eagle (NASDAQ:PACW)
www.consumereagle.com - July 15 at 11:43 AM
reuters.com logoBRIEF-PacWest Bancorp Q2 earnings per share $0.68 - Reuters (NASDAQ:PACW)
www.reuters.com - July 15 at 11:43 AM
News IconMarkets consolidate ahead of Bank of England policy tomorrow (NASDAQ:PACW)
www.fxstreet.com - July 13 at 7:04 PM

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PacWest Bancorp (NASDAQ:PACW) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff