PacWest Bancorp (PACW) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
50-Day Range
52-Week Range
24.72 million shs
Average Volume
12.98 million shs
Market Capitalization
$894.17 million
P/E Ratio
Dividend Yield
Price Target

PacWest Bancorp MarketRank™ Stock Analysis

Analyst Rating
2.17 Rating Score
8.1% Upside
$8.15 Price Target
Short Interest
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
Insider Trading
Proj. Earnings Growth
From $0.42 to $0.37 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.30 out of 5 stars

Finance Sector

837th out of 854 stocks

National Commercial Banks Industry

78th out of 78 stocks

PACW stock logo

About PacWest Bancorp Stock (NASDAQ:PACW)

PacWest Bancorp is a financial holding company headquartered in Los Angeles, California. The company provides banking products and services to individuals and businesses through its subsidiary, Pacific Western Bank. Founded in 1999, PacWest Bancorp has become one of the largest banks based in California, with over 75 full-service branches throughout the state. The company's mission is to provide its customers with personalized banking solutions while firmly committing to its local communities.

PacWest Bancorp is led by a team of experienced executives, including Chief Executive Officer Paul Taylor, who was elected president and CEO in 2023. Previously Mr. Taylor served as CEO of Opus Bank until PacWest Bancorp acquired it. He also had a seven-year tenure as CEO of Guaranty Bank and Trust Company, a subsidiary of Guaranty Bancorp. Another notable member of the PacWest Bancorp team is William J. Black Jr., the Vice President of Strategy and Corporate Development. Before coming to PacWest Bancorp, Mr. Black spent twelve years as the founder, managing partner, and portfolio manager of Consector Capital LP, a financial services hedge fund. 

Over the past few years, PacWest Bancorp has delivered solid financial performance, with consistent revenue growth and strong profitability. However, in Q1 of 2022, that started to change as PacWest Bancorp's stock fell quickly and significantly. This was primarily due to worries about a recession and disappointing announcements, including missed earnings numbers. The company has yet to deliver solid financial performance recently, disappointing investors and causing the stock to drop. PacWest Bancorp's market capitalization is $1.1 billion, and its price-to-earnings and price-to-book ratios are below the industry average. These valuation metrics suggest the company may be undervalued relative to its peers. The stock has not performed well recently, and the price has been relatively unstable. The one-year price range for 2022 is $46.50 as a high and $5 as a low, and this coincides with an increased trading volume reaching an average of approximately 17 million shares a day. 

PacWest Bancorp operates in the banking industry, which is highly regulated and competitive. The industry is undergoing significant transformation due to technological advancements, changing customer preferences, and increased competition from fintech companies. However, the banking industry remains a critical component of the economy, providing essential financial services to individuals and businesses.

PacWest Bancorp competes with other regional banks, such as Zions Bancorporation and Western Alliance Bancorporation, and larger national banks, such as JPMorgan Chase and Bank of America. The company's focus on personalized banking solutions and its substantial presence in California have helped it to differentiate itself from its competitors.

PacWest Bancorp is investing in technology to enhance its digital capabilities and improve the customer experience. The company recently launched a new online banking platform, which has received positive customer feedback.

Like all companies, PacWest Bancorp faces several potential risks and challenges. The company is exposed to credit, interest rates, and operational risks. In addition, the banking industry is subject to extensive regulation, which can increase compliance costs and limit growth opportunities.

PacWest Bancorp operates in a highly competitive market, which can limit its ability to attract and retain customers. The company may also face increased competition from fintech companies, disrupting traditional banking models by offering innovative digital products and services.

Another potential risk for PacWest Bancorp is the economic environment. The company's financial performance is tied closely to the economy's overall health, and a downturn could result in increased credit losses and reduced demand for banking products and services.

PacWest Bancorp's growth strategy may also need help. Expanding into new markets or pursuing acquisitions can be costly and time-consuming and may only sometimes result in success. The company must carefully evaluate potential growth opportunities and manage any associated risks.

PACW Stock News Headlines

PACW Mar 2024 6.000 put
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PACWEST DEADLINE ALERT: Bragar Eagel & Squire...
PacWest Bancorp declares $0.01 dividend
PacWest Bancorp Q3 2023 Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
Fiscal Year End

Industry, Sector and Symbol

National commercial banks
Regional Banks
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
6 Analysts


Net Income
$423.61 million
Pretax Margin


Sales & Book Value

Annual Sales
$1.63 billion
Cash Flow
$5.63 per share
Book Value
$16.03 per share


Free Float
Market Cap
$894.17 million
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Key Executives

PACW Stock Analysis - Frequently Asked Questions

Should I buy or sell PacWest Bancorp stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PACW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PACW, but not buy additional shares or sell existing shares.
View PACW analyst ratings
or view top-rated stocks.

What is PacWest Bancorp's stock price target for 2024?

6 Wall Street analysts have issued 12-month price objectives for PacWest Bancorp's stock. Their PACW share price targets range from $7.00 to $9.00. On average, they predict the company's stock price to reach $8.15 in the next twelve months. This suggests a possible upside of 8.1% from the stock's current price.
View analysts price targets for PACW
or view top-rated stocks among Wall Street analysts.

How were PacWest Bancorp's earnings last quarter?

PacWest Bancorp (NASDAQ:PACW) issued its quarterly earnings results on Wednesday, April, 26th. The financial services provider reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.01. The financial services provider had revenue of $315.69 million for the quarter, compared to analyst estimates of $311.72 million. PacWest Bancorp had a negative net margin of 65.68% and a positive trailing twelve-month return on equity of 8.68%. PacWest Bancorp's revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period last year, the company posted $1.01 earnings per share.

How often does PacWest Bancorp pay dividends? What is the dividend yield for PacWest Bancorp?

PacWest Bancorp announced a quarterly dividend on Wednesday, November 1st. Stockholders of record on Monday, November 13th will be given a dividend of $0.01 per share on Monday, November 27th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend is Friday, November 10th.
Read our dividend analysis for PACW

Is PacWest Bancorp a good dividend stock?

PacWest Bancorp (NASDAQ:PACW) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.53%.
Read our dividend analysis for PACW.

What is Matthew P. Wagner's approval rating as PacWest Bancorp's CEO?

1 employees have rated PacWest Bancorp Chief Executive Officer Matthew P. Wagner on Matthew P. Wagner has an approval rating of 100% among the company's employees. This puts Matthew P. Wagner in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of PacWest Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PacWest Bancorp investors own include Cisco Systems (CSCO), AT&T (T), Pfizer (PFE), Altria Group (MO), Wells Fargo & Company (WFC), Verizon Communications (VZ), AbbVie (ABBV), Enterprise Products Partners (EPD), Bank of America (BAC) and JPMorgan Chase & Co. (JPM).

Who are PacWest Bancorp's major shareholders?

PacWest Bancorp's stock is owned by many different retail and institutional investors. Top institutional shareholders include New Mexico Educational Retirement Board (0.02%). Insiders that own company stock include Bryan M Corsini, C William Hosler, Christopher D Blake, Daniel B Platt, Mark Yung, Matthew P Wagner, Monica L Sparks, Paul W Taylor, Rebecca H Cordes and William J Black.
View institutional ownership trends

This page (NASDAQ:PACW) was last updated on 5/19/2024 by Staff

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