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: $42.69
  • 50 Day Moving Average: $42.63
  • 200 Day Moving Average: $40.72
  • 52-Week Range: $120,416,000.00 - $29.05
  • Trailing P/E Ratio: 15.32
  • Foreward P/E Ratio: 13.86
  • P/E Growth: 1.49
  • Market Cap: $5.14B
  • Outstanding Shares: 120,416,000
  • Beta: 1.64
  • Net Margins: 30.41%
  • Return on Equity: 7.80%
  • Return on Assets: 1.65%
  • Debt-to-Equity Ratio: 0.22%
  • Current Ratio: 0.96%
  • Quick Ratio: 0.98%
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 (5.41% upside)

Analysts' Ratings History for PacWest Bancorp (NASDAQ:PACW)
DateFirmActionRatingPrice TargetDetails
10/4/2016Wells Fargo & Co.DowngradeOutperform -> Market PerformView Rating Details
9/16/2016JMP SecuritiesInitiated CoverageOutperform$48.00View Rating Details
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
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
(Data available from 10/24/2014 forward)


Earnings History for PacWest Bancorp (NASDAQ:PACW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/18/2016Q3$0.71$0.77$270.82 millionViewN/AView Earnings Details
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)


Earnings Estimates for PacWest Bancorp (NASDAQ:PACW)
Current Year EPS Consensus Estimate: $2.92 EPS
Next Year EPS Consensus Estimate: $3.08 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$0.68$0.76$0.72
Q1 20173$0.67$0.77$0.72
Q2 20173$0.72$0.81$0.76
Q3 20173$0.77$0.84$0.79
Q4 20173$0.78$0.84$0.80
(Data provided by Zacks Investment Research)


Current Dividend Information for PacWest Bancorp (NASDAQ:PACW)
Annual Dividend:$2.00
Dividend Yield:4.68%
Payout Ratio:71.68% (Based on Trailing 12 Months of Earnings)
68.49% (Based on Current Year Consensus EPS Estimate)
64.94% (Based on Next Year Consensus EPS Estimate)

Dividend History for PacWest Bancorp (NASDAQ:PACW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for PacWest Bancorp (NASDAQ:PACW)
Insider Ownership Percentage: 1.43%
Institutional Ownership Percentage: 92.29%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/20/2016Mark A ChristianEVPSell7,000$41.61$291,270.00View SEC Filing  
9/14/2016Daniel B PlattDirectorSell2,550$42.18$107,559.00View SEC Filing  
8/30/2016John M Eggemeyer IIIDirectorSell537,260$42.34$22,747,588.40View SEC Filing  
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)


Latest Headlines for PacWest Bancorp (NASDAQ:PACW)
DateHeadline logoSell Recommendations For PacWest Bancorp (NASDAQ:PACW) At 0 - Investor Newswire (NASDAQ:PACW) - October 21 at 6:42 PM
News IconFlash in the Pan or Long Term Growth Play: PacWest Bancorp (NASDAQ:PACW) - CSZ News (NASDAQ:PACW) - October 19 at 6:59 PM logoETF’s with exposure to PacWest Bancorp : October 19, 2016 (NASDAQ:PACW) - October 19 at 6:59 PM logoPacWest Bancorp initiates repurchase of $400M common stock (NASDAQ:PACW) - October 19 at 11:45 AM
News IconTarget Price Review & Stock Update on PacWest Bancorp (NASDAQ:PACW) - Recall News (NASDAQ:PACW) - October 18 at 6:32 PM
News IconIn it For the Long Haul: Update on Dividend Darling: PacWest Bancorp (NASDAQ:PACW) - CSZ News (NASDAQ:PACW) - October 18 at 6:32 PM logoBRIEF-PacWest Bancorp Q3 earnings per share $0.77 - Reuters (NASDAQ:PACW) - October 18 at 6:32 PM logoPacWest Bancorp : PACW-US: Dividend Analysis : August 15th, 2016 (record date) : By the numbers : October 18, 2016 (NASDAQ:PACW) - October 18 at 6:32 PM logoPACWEST BANCORP : Results of Operations and Financial Condition, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (form 8-K) (NASDAQ:PACW) - October 18 at 11:58 AM logoPacwest Bancorp (PACW) Tops Q3 EPS by 6c; $400M Buyback Plan (NASDAQ:PACW) - October 18 at 11:58 AM logoPacWest Bancorp beats by $0.06, misses on revenue (NASDAQ:PACW) - October 18 at 11:58 AM logoBRIEF-PacWest Bancorp Q3 earnings per share $0.77 (NASDAQ:PACW) - October 18 at 11:58 AM logoPacWest beats 3Q profit forecasts (NASDAQ:PACW) - October 18 at 11:58 AM logoPacWest Bancorp Announces Results for the Third Quarter 2016 and $400 Million Stock Repurchase Authorization (NASDAQ:PACW) - October 18 at 11:58 AM logoPACWEST BANCORP Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Other Ev (NASDAQ:PACW) - October 18 at 11:58 AM logoWound Care Specialists Present Latest Clinical Findings in Wound Care Management at SAWC Fall (NASDAQ:PACW) - October 17 at 11:48 AM
News IconUpdate on PacWest Bancorp (NASDAQ:PACW) for the day (NASDAQ:PACW) - October 16 at 6:25 PM
News IconPacWest Bancorp (NASDAQ:PACW) Updated Broker Ratings - NewsDen (NASDAQ:PACW) - October 16 at 11:02 AM logoPacWest Bancorp (NASDAQ:PACW) Sales Estimate At $1099.257 - Investor Newswire (NASDAQ:PACW) - October 15 at 6:18 PM
News IconIn it for the Long Haul: Update on PacWest Bancorp (NASDAQ:PACW) - CSZ News (NASDAQ:PACW) - October 14 at 6:27 PM
News IconEarnings Analysis & Update for PacWest Bancorp (NASDAQ:PACW)? - CSZ News (NASDAQ:PACW) - October 14 at 6:27 PM logoResearch Reports Initiation on Banking Stocks -- Umpqua, PacWest Bancorp, SVB Financial, and Cathay General ... - PR Newswire (press release) (NASDAQ:PACW) - October 14 at 6:27 PM logoPacWest Bancorp breached its 50 day moving average in a Bearish Manner : PACW-US : October 14, 2016 (NASDAQ:PACW) - October 14 at 9:55 AM logoAnalyst Rating In Review: PacWest Bancorp Bid Up 1.6% Since Downgraded 7 Days Ago (PACW) (NASDAQ:PACW) - October 12 at 12:02 PM logoResearch Reports Initiation on Banking Stocks -- Umpqua, PacWest Bancorp, SVB Financial, and Cathay General Bancorp (NASDAQ:PACW) - October 12 at 12:02 PM
News IconSell-side Taking Aim at Shares of PacWest Bancorp (NASDAQ:PACW) - CSZ News (NASDAQ:PACW) - October 8 at 6:10 PM logoPacWest Bancorp (NASDAQ:PACW) Projected Sales At $1099.257 - Investor Newswire (NASDAQ:PACW) - October 8 at 6:10 PM
News IconOwnership Don't Lie: Pacwest Bancorp (NASDAQ:PACW): Positive Stock Sentiment - Post News (NASDAQ:PACW) - October 8 at 6:10 PM
News IconTop Earnings to Watch for: PacWest Bancorp (PACW) - The Voice Registrar (NASDAQ:PACW) - October 8 at 6:10 PM
News IconTop Earnings to Watch for: PacWest Bancorp (NASDAQ:PACW ... - The Voice Registrar (NASDAQ:PACW) - October 6 at 6:29 PM
News IconAnalysts Implying Upside & Long Term Growth for PacWest Bancorp (NASDAQ:PACW) - CSZ News (NASDAQ:PACW) - October 6 at 12:11 PM logoPacWest Bancorp (NASDAQ:PACW) Stock Rating At 1.75 (NASDAQ:PACW) - October 5 at 6:33 PM
News IconAnalysts Valuations For Two Stocks: TESARO Inc (NASDAQ:TSRO), PacWest Bancorp (NASDAQ:PACW) - The Voice Registrar (NASDAQ:PACW) - October 5 at 11:53 AM logoPacwest Bancorp (PACW) Unit Agrees to Sell Two Retail Branches - (NASDAQ:PACW) - October 5 at 11:53 AM logoAnalysts' Actions -- AES, CBOE, Las Vegas Sands, PacWest Bancorp and More - (NASDAQ:PACW) - October 5 at 11:53 AM logoWells Fargo Cuts Rating On PacWest Bancorp (PACW) (NASDAQ:PACW) - October 4 at 11:26 AM logoPacWest Bancorp sells two retail branches (NASDAQ:PACW) - October 4 at 11:26 AM
News IconConsensus Watch on PacWest Bancorp (NASDAQ:PACW) - Recall News (NASDAQ:PACW) - October 3 at 6:16 PM
News IconPacWest Bancorp Enters Into Agreement to Sell Two Retail Branches - EconoTimes (NASDAQ:PACW) - October 3 at 6:16 PM logoPacWest Bancorp Enters Into Agreement to Sell Two Retail Branches (NASDAQ:PACW) - October 3 at 6:16 PM
News IconPacWest Bancorp (NASDAQ:PACW) Updated Broker Price Targets - The De Soto Edge (NASDAQ:PACW) - September 30 at 11:53 AM
News IconPacWest Bancorp (NASDAQ:PACW) Updated Broker Price Targets (NASDAQ:PACW) - September 29 at 11:48 AM logoPacWest Bancorp (NASDAQ:PACW) EPS Projection For FY2016 At $2.96 (NASDAQ:PACW) - September 27 at 11:15 AM logoPacWest Bancorp breached its 50 day moving average in a Bearish Manner : PACW-US : September 27, 2016 (NASDAQ:PACW) - September 27 at 11:15 AM
News IconWhich way PacWest Bancorp (NASDAQ:PACW) earnings may go - The Voice Registrar (NASDAQ:PACW) - September 26 at 6:45 PM
News IconPiper Jaffray Begins Coverage on PacWest Bancorp (PACW) - Petro Global News 24 (NASDAQ:PACW) - September 22 at 11:30 AM logo[video]Here Are 4 Bank Stocks to Buy Right Now (NASDAQ:PACW) - September 22 at 11:30 AM logoTaskEasy Announces New Credit Facilities (NASDAQ:PACW) - September 21 at 6:17 PM logoSquare 1 Bank Announces Credit Facility to HealPros (NASDAQ:PACW) - September 20 at 11:55 AM logoCoverage initiated on PacWest Bancorp by JMP Securities (NASDAQ:PACW) - September 16 at 6:28 PM


PacWest Bancorp (NASDAQ:PACW) Chart for Monday, October, 24, 2016

Last Updated on 10/24/2016 by Staff