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: $43.09
  • 50 Day Moving Average: $42.40
  • 200 Day Moving Average: $40.06
  • 52-Week Range: $29.05 - $48.00
  • Trailing P/E Ratio: 16.03
  • Foreward P/E Ratio: 13.94
  • P/E Growth: 1.50
  • Market Cap: $5.19B
  • Outstanding Shares: 120,412,000
  • Beta: 1.66
Profitability:
  • Net Margins: 29.59%
  • Return on Equity: 7.57%
  • Return on Assets: 1.60%
Debt:
  • Debt-to-Equity Ratio: 0.30%
  • Current Ratio: 0.98%
  • 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, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $45.43 (5.43% upside)

Analysts' Ratings History for PacWest Bancorp (NASDAQ:PACW)
Show:
DateFirmActionRatingPrice TargetDetails
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
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
(Data available from 9/29/2014 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: $2.89 EPS
Next Year EPS Consensus Estimate: $3.09 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:4.64%
Payout Ratio:74.07% (Based on Trailing 12 Months of Earnings)
69.20% (Based on Current Year Consensus EPS Estimate)
64.72% (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)
Insider Ownership Percentage: 1.43%
Institutional Ownership Percentage: 92.31%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for PacWest Bancorp (NASDAQ:PACW)
DateHeadline
stocksdaily.net logoPacWest Bancorp (NASDAQ:PACW) EPS Projection For FY2016 At $2.96 (NASDAQ:PACW)
www.stocksdaily.net - September 27 at 11:15 AM
capitalcube.com logoPacWest Bancorp breached its 50 day moving average in a Bearish Manner : PACW-US : September 27, 2016 (NASDAQ:PACW)
www.capitalcube.com - September 27 at 11:15 AM
News IconWhich way PacWest Bancorp (NASDAQ:PACW) earnings may go - The Voice Registrar (NASDAQ:PACW)
voiceregistrar.com - September 26 at 6:45 PM
News IconPiper Jaffray Begins Coverage on PacWest Bancorp (PACW) - Petro Global News 24 (NASDAQ:PACW)
petroglobalnews24.com - September 22 at 11:30 AM
thestreet.com logo[video]Here Are 4 Bank Stocks to Buy Right Now (NASDAQ:PACW)
www.thestreet.com - September 22 at 11:30 AM
finance.yahoo.com logoTaskEasy Announces New Credit Facilities (NASDAQ:PACW)
finance.yahoo.com - September 21 at 6:17 PM
finance.yahoo.com logoSquare 1 Bank Announces Credit Facility to HealPros (NASDAQ:PACW)
finance.yahoo.com - September 20 at 11:55 AM
finance.yahoo.com logoCoverage initiated on PacWest Bancorp by JMP Securities (NASDAQ:PACW)
finance.yahoo.com - September 16 at 6:28 PM
streetinsider.com logoForm 4 PACWEST BANCORP For: Sep 14 Filed by: PLATT DANIEL B (NASDAQ:PACW)
www.streetinsider.com - September 16 at 10:09 AM
fidaily.com logoJMP Securities Starts Coverage on PacWest Bancorp (PACW) With An Initial Rating Of “Market Outperform” (NASDAQ:PACW)
www.fidaily.com - September 16 at 10:09 AM
capitalcube.com logoETF’s with exposure to PacWest Bancorp : September 15, 2016 (NASDAQ:PACW)
www.capitalcube.com - September 15 at 6:43 PM
finance.yahoo.com logoSquare 1 Bank Announces Credit Facility to BAROnova (NASDAQ:PACW)
finance.yahoo.com - September 14 at 10:56 AM
stocksdaily.net logoPacWest Bancorp (NASDAQ:PACW) Rating At 1.86 (NASDAQ:PACW)
www.stocksdaily.net - September 12 at 6:23 PM
stocksdaily.net logoCan PacWest Bancorp (NASDAQ:PACW) Meet Analysts Expectations? (NASDAQ:PACW)
www.stocksdaily.net - September 11 at 10:42 AM
News IconOn Investments: Profit margins can offer hint that a stock is strong (NASDAQ:PACW)
www.omaha.com - September 7 at 10:13 AM
News IconResearch Reports Coverage on Banking Stocks -- Umpqua, PacWest Bancorp, SVB Financial, and Cathay General Bancorp (NASDAQ:PACW)
www.kswo.com - September 1 at 9:49 AM
finance.yahoo.com logoSquare 1 Bank Announces Credit Facility to Zavante Therapeutics (NASDAQ:PACW)
finance.yahoo.com - August 31 at 11:44 AM
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

Social

PacWest Bancorp (NASDAQ:PACW) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff