PacWest Bancorp Company Profile (NASDAQ:PACW)

About PacWest Bancorp

PacWest 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:

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:

Date	Firm	Action	Rating	Price Target
9/16/2016	JMP Securities	Initiated Coverage	Outperform	$48.00
7/18/2016	BMO Capital Markets	Reiterated Rating	Hold
7/18/2016	DA Davidson	Downgrade	Buy -> Neutral	$45.00
7/18/2016	FBR & Co	Reiterated Rating	Outperform	$48.00 -> $46.00
5/17/2016	Piper Jaffray Cos.	Reiterated Rating	Overweight	$45.00
3/24/2016	Keefe, Bruyette & Woods	Lower Price Target	Buy	$50.00 -> $45.00
12/21/2015	Wells Fargo & Co.	Initiated Coverage	Outperform
10/19/2015	Royal Bank Of Canada	Lower Price Target	Sector Perform	$50.00 -> $48.00
2/13/2015	Stephens	Initiated Coverage	Equal Weight
11/20/2014	Sterne Agee CRT	Initiated Coverage	Buy

(Data available from 9/29/2014 forward)

Earnings History for PacWest Bancorp (NASDAQ:PACW)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/13/2016
7/15/2016	Q2	$0.69	$0.68	$266.01 million		View	N/A
4/14/2016	Q1	$0.70	$0.74			View	N/A
1/21/2016	Q4	$0.67	$0.70	$246.47 million		View	N/A
10/15/2015	Q315	$0.71	$0.63	$215.97 million		View	N/A
7/15/2015	Q215	$0.70	$0.70	$212.80 million	$222.20 million	View	N/A
4/16/2015	Q1	$0.68	$0.61	$207.22 million		View	N/A
1/22/2015		$0.70	$0.66			View	N/A
10/22/2014	Q3	$0.67	$0.66	$214.23 million	$205.15 million	View	N/A
7/22/2014	Q214	$0.62	$0.64	$191.37 million		View	N/A
4/23/2014		$0.48	$0.55	$95.10 million		View	N/A
1/23/2014	Q413	$0.50	$0.34	$84.41 million		View	N/A
10/16/2013	Q313	$0.49	$0.49	$83.76 million		View	N/A
7/23/2013	Q2 2013	$0.45	$0.39	$78.67 million		View	N/A
4/17/2013	Q113	$0.48	$0.37	$74.72 million		View	N/A
1/16/2013	Q412	$0.49	$0.54			View	N/A
10/17/2012		$0.46	$0.43			View	N/A
7/18/2012		$0.46	$0.42			View	N/A
4/18/2012		$0.39	$0.14			View	N/A
1/18/2012		$0.39	$0.38			View	N/A
10/20/2011		$0.34	$0.36			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for PacWest Bancorp (NASDAQ:PACW)

Current Year EPS Consensus Estimate: $2.89 EPS
Next Year EPS Consensus Estimate: $3.09 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	3	$0.67	$0.74	$0.71
Q2 2016	3	$0.68	$0.72	$0.71
Q3 2016	3	$0.69	$0.75	$0.72
Q4 2016	3	$0.72	$0.76	$0.74
Q1 2017	2	$0.71	$0.72	$0.72
Q2 2017	2	$0.74	$0.76	$0.75
Q3 2017	2	$0.77	$0.82	$0.80
Q4 2017	2	$0.78	$0.85	$0.82

(Data provided by Zacks Investment Research)

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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
8/1/2016	quarterly	$0.50	4.93%	8/11/2016	8/15/2016	8/31/2016
5/3/2016	Quarterly	$0.50		5/12/2016	5/16/2016	5/31/2016
2/2/2016	Quarterly	$0.50		2/11/2016	2/16/2016	2/29/2016
11/3/2015	quarterly	$0.50	4.34%	11/12/2015	11/16/2015	11/30/2015
8/6/2015	quarterly	$0.50	4.3%	8/13/2015	8/17/2015	8/28/2015
5/14/2015	quarterly	$0.50	4.32%	5/21/2015	5/26/2015	6/4/2015
2/12/2015	quarterly	$0.50	4.27%	2/19/2015	2/23/2015	3/5/2015
11/5/2014	quarterly	$0.50	4.38%	11/13/2014	11/17/2014	11/26/2014
8/6/2014	quarterly	$0.25	2.5%	8/14/2014	8/18/2014	8/26/2014
5/14/2014	quarterly	$0.25	2.52%	5/22/2014	5/27/2014	6/5/2014
2/12/2014	quarterly	$0.25	2.49%	2/20/2014	2/24/2014	3/5/2014
11/6/2013	quarterly	$0.25	2.61%	11/14/2013	11/18/2013	11/29/2013
8/7/2013	quarterly	$0.25	2.85%	8/15/2013	8/19/2013	8/30/2013
4/26/2013	quarterly	$0.25	3.62%	5/2/2013	5/6/2013	5/15/2013
2/13/2013	quarterly	$0.25	3.6%	2/21/2013	2/25/2013	3/5/2013

(Data available from 1/1/2013 forward)

Insider Trading History for PacWest Bancorp (NASDAQ:PACW)

Insider Ownership Percentage: 1.43%
Institutional Ownership Percentage: 92.31%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
9/14/2016	Daniel B Platt	Director	Sell	2,550	$42.18	$107,559.00
8/30/2016	John M Eggemeyer III	Director	Sell	537,260	$42.34	$22,747,588.40
8/25/2016	John M Eggemeyer III	Director	Sell	390,000	$42.13	$16,430,700.00
8/23/2016	John M Eggemeyer III	Director	Sell	270,000	$42.33	$11,429,100.00
8/22/2016	John M Eggemeyer III	Director	Sell	340,000	$41.89	$14,242,600.00
7/22/2016	Kori Ogrosky	EVP	Sell	2,000	$41.07	$82,140.00
4/20/2016	Suzanne R Brennan	EVP	Sell	20,000	$40.01	$800,200.00
3/10/2016	Matthew P Wagner	CEO	Buy	7,500	$34.60	$259,500.00
2/24/2016	James Pieczynski	EVP	Buy	5,000	$30.99	$154,950.00
2/23/2016	Matthew P Wagner	CEO	Buy	7,800	$31.95	$249,210.00
2/18/2016	Patrick J Rusnak	CFO	Buy	2,000	$31.49	$62,980.00
2/11/2016	Roger H Molvar	Director	Buy	2,000	$30.65	$61,300.00
2/1/2016	Robert A Stine	Director	Buy	5,500	$36.29	$199,595.00
1/26/2016	Daniel B Platt	Director	Buy	425	$34.84	$14,807.00
1/25/2016	Craig A Carlson	Director	Buy	125	$34.78	$4,347.50
1/25/2016	Matthew P Wagner	CEO	Buy	3,650	$34.81	$127,056.50
12/11/2015	Patrick J Rusnak	CFO	Buy	2,200	$43.79	$96,338.00
11/24/2015	Lynn M Hopkins	CAO	Sell	5,000	$46.92	$234,600.00
11/19/2015	Victor R Santoro	Insider	Sell	50,000	$45.64	$2,282,000.00
11/13/2015	Paul Robert Burke	Director	Sell	66,816	$44.50	$2,973,312.00
11/11/2015	Paul Robert Burke	Director	Sell	547,800	$46.83	$25,653,474.00
11/6/2015	Paul Robert Burke	Director	Sell	202,200	$47.21	$9,545,862.00
10/30/2015	Patrick J Rusnak	CFO	Buy	2,400	$44.75	$107,400.00
10/28/2015	John M Eggemeyer III	Director	Sell	165,710	$45.26	$7,500,034.60
10/27/2015	John M Eggemeyer III	Director	Sell	913,525	$45.04	$41,145,166.00
10/21/2015	Patrick J Rusnak	CFO	Buy	2,400	$43.09	$103,416.00
10/19/2015	Patrick J Rusnak	CFO	Buy	2,400	$42.49	$101,976.00
10/13/2015	John M Eggemeyer III	Director	Sell	52,000	$45.04	$2,342,080.00
10/9/2015	John M Eggemeyer III	Director	Sell	7,500	$45.04	$337,800.00
6/11/2015	Suzanne R Brennan	EVP	Sell	1,705	$47.21	$80,493.05
6/5/2015	Matthew P Wagner	CEO	Sell	81,584	$46.09	$3,760,206.56
6/3/2015	Daniel B Platt	Director	Sell	18,000	$45.82	$824,760.00
6/2/2015	Bryan M Corsini	EVP	Sell	8,000	$45.29	$362,320.00
5/27/2015	Victor R Santoro	CFO	Sell	10,000	$45.21	$452,100.00
5/8/2015	James Pieczynski	EVP	Sell	50,000	$45.62	$2,281,000.00
11/14/2014	James Pieczynski	EVP	Sell	48,504	$45.48	$2,205,961.92
10/31/2014	Suzanne R Brennan	EVP	Sell	15,524	$42.43	$658,683.32
8/20/2014	Mark A Christian	EVP	Sell	23,304	$40.89	$952,900.56
7/24/2014	Bryan M Corsini	EVP	Sell	25,000	$41.50	$1,037,500.00
3/10/2014	Jared Wolff	EVP	Sell	55,000	$44.62	$2,454,100.00
3/10/2014	John Eggemeyer III	Director	Sell	30,000	$44.48	$1,334,400.00
3/10/2014	Victor Santoro	CFO	Sell	5,000	$44.33	$221,650.00
1/29/2014	Stephen Dunn	Director	Sell	18,000	$41.50	$747,000.00
1/28/2014	Michael Perdue	President	Sell	16,565	$41.89	$693,907.85
1/27/2014	Mark Christian	EVP	Sell	13,433	$42.00	$564,186.00
1/27/2014	Susan Lester	Director	Buy	8,000	$42.60	$340,800.00
12/13/2013	Lynn Hopkins	EVP	Sell	10,000	$41.24	$412,400.00
12/12/2013	Michael Thompson	EVP	Sell	10,000	$41.96	$419,600.00
12/9/2013	Mark Christian	EVP	Sell	9,626	$42.46	$408,719.96
12/2/2013	Matthew Wagner	CEO	Buy	2,415	$41.30	$99,739.50
11/20/2013	Robert Dyck	EVP	Sell	10,000	$39.35	$393,500.00
11/4/2013	Susan E Lester	Director	Buy	2,000	$38.03	$76,060.00
9/16/2013	Barry Fitzpatrick	Director	Buy	3,000	$33.41	$100,230.00

(Data available from 1/1/2013 forward)

Latest Headlines for PacWest Bancorp (NASDAQ:PACW)

Date	Headline
	PacWest Bancorp (NASDAQ:PACW) EPS Projection For FY2016 At $2.96 (NASDAQ:PACW) www.stocksdaily.net - September 27 at 11:15 AM
	PacWest 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
	Which way PacWest Bancorp (NASDAQ:PACW) earnings may go - The Voice Registrar (NASDAQ:PACW) voiceregistrar.com - September 26 at 6:45 PM
	Piper Jaffray Begins Coverage on PacWest Bancorp (PACW) - Petro Global News 24 (NASDAQ:PACW) petroglobalnews24.com - September 22 at 11:30 AM
	[video]Here Are 4 Bank Stocks to Buy Right Now (NASDAQ:PACW) www.thestreet.com - September 22 at 11:30 AM
	TaskEasy Announces New Credit Facilities (NASDAQ:PACW) finance.yahoo.com - September 21 at 6:17 PM
	Square 1 Bank Announces Credit Facility to HealPros (NASDAQ:PACW) finance.yahoo.com - September 20 at 11:55 AM
	Coverage initiated on PacWest Bancorp by JMP Securities (NASDAQ:PACW) finance.yahoo.com - September 16 at 6:28 PM
	Form 4 PACWEST BANCORP For: Sep 14 Filed by: PLATT DANIEL B (NASDAQ:PACW) www.streetinsider.com - September 16 at 10:09 AM
	JMP 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
	ETF’s with exposure to PacWest Bancorp : September 15, 2016 (NASDAQ:PACW) www.capitalcube.com - September 15 at 6:43 PM
	Square 1 Bank Announces Credit Facility to BAROnova (NASDAQ:PACW) finance.yahoo.com - September 14 at 10:56 AM
	PacWest Bancorp (NASDAQ:PACW) Rating At 1.86 (NASDAQ:PACW) www.stocksdaily.net - September 12 at 6:23 PM
	Can PacWest Bancorp (NASDAQ:PACW) Meet Analysts Expectations? (NASDAQ:PACW) www.stocksdaily.net - September 11 at 10:42 AM
	On Investments: Profit margins can offer hint that a stock is strong (NASDAQ:PACW) www.omaha.com - September 7 at 10:13 AM
	Research 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
	Square 1 Bank Announces Credit Facility to Zavante Therapeutics (NASDAQ:PACW) finance.yahoo.com - August 31 at 11:44 AM
	BRIEF-Donald Destino joins Pacwest Bancorp as executive vice president (NASDAQ:PACW) www.reuters.com - August 29 at 11:10 AM
	Donald 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
	Huge 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
	Square 1 Bank Announces Credit Facility to Revionics (NASDAQ:PACW) finance.yahoo.com - August 24 at 9:47 AM
	PacWest 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
	DecisionPoint Systems Announces New Credit Facility With Union Bank And CapitalSource Business Financial Group (NASDAQ:PACW) finance.yahoo.com - August 22 at 6:40 PM
	Square 1 Bank Announces Credit Facility to ShopRunner (NASDAQ:PACW) finance.yahoo.com - August 16 at 6:52 PM
	PACWEST BANCORP Financials (NASDAQ:PACW) finance.yahoo.com - August 16 at 6:52 PM
	PacWest Bancorp (PACW) Shares are Up 2.95% (NASDAQ:PACW) www.tradecalls.org - August 9 at 6:58 PM
	PacWest Bancorp (PACW) Shares are Up 2.95% - Trade Calls (NASDAQ:PACW) www.tradecalls.org - August 9 at 9:54 AM
	PACWEST BANCORP Files SEC form 10-Q, Quarterly Report (NASDAQ:PACW) biz.yahoo.com - August 9 at 9:54 AM
	PACWEST BANCORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:PACW) biz.yahoo.com - August 8 at 6:56 PM
	5 Top Trade Ideas For The Week: CDNS, CINF, PACW, PTEN, URI (NASDAQ:PACW) www.investing.com - August 8 at 11:22 AM
	Strong Sell Calls For PacWest Bancorp (NASDAQ:PACW) At 0 - Investor Newswire (NASDAQ:PACW) www.investornewswire.com - August 7 at 6:20 PM
	PacWest Bancorp (NASDAQ:PACW) Yearly Sales Target At $1099.257 - Investor Newswire (NASDAQ:PACW) www.investornewswire.com - August 7 at 6:20 PM
	PacWest 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
	BRIEF-PacWest bancorp declares quarterly cash dividend - Reuters (NASDAQ:PACW) www.reuters.com - August 2 at 7:00 PM
	PacWest Bancorp Announces Quarterly Dividend (NASDAQ:PACW) www.publicnow.com - August 1 at 8:11 AM
	Can Shares Of PacWest Bancorp (NASDAQ:PACW) Hit $50? - Investor Newswire (NASDAQ:PACW) www.investornewswire.com - July 30 at 9:35 AM
	ETF’s with exposure to PacWest Bancorp : July 29, 2016 (NASDAQ:PACW) www.capitalcube.com - July 29 at 1:45 PM
	PacWest Bancorp Named Top Dividend Stock With Insider Buying and 4.87% Yield (PACW) (NASDAQ:PACW) www.forbes.com - July 25 at 5:01 PM
	PacWest Bancorp (NASDAQ:PACW) Analyst Rating Update - Investor Newswire (NASDAQ:PACW) www.investornewswire.com - July 24 at 6:13 PM
	PacWest Bancorp (NASDAQ:PACW) Expected To Post Sales Of $1099.257 - Investor Newswire (NASDAQ:PACW) www.investornewswire.com - July 24 at 10:53 AM
	PacWest Bancorp (NASDAQ:PACW): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NASDAQ:PACW) www.engelwooddaily.com - July 22 at 6:36 PM
	Is $50 Price Target Attainable For PacWest Bancorp (NASDAQ:PACW)? - Investor Newswire (NASDAQ:PACW) www.investornewswire.com - July 22 at 6:36 PM
	PacWest Bancorp (NASDAQ:PACW) Fundamental Star Rating Report - CML News (NASDAQ:PACW) news.cmlviz.com - July 22 at 6:36 PM
	Revenue Update on PacWest Bancorp(NASDAQ:PACW) - Trade Calls (NASDAQ:PACW) www.tradecalls.org - July 22 at 6:36 PM
	Friday Session Wrap-up for PacWest Bancorp (NASDAQ:PACW) - Engelwood Daily (NASDAQ:PACW) www.engelwooddaily.com - July 22 at 6:36 PM
	PacWest Bancorp :PACW-US: Earnings Analysis: Q2, 2016 By the Numbers : July 21, 2016 (NASDAQ:PACW) www.capitalcube.com - July 21 at 11:31 AM
	Stock Strength in Focus for PacWest Bancorp (NASDAQ:PACW) - Press Telegraph (NASDAQ:PACW) presstelegraph.com - July 20 at 7:31 PM
	Long Term Value Play: PacWest Bancorp (NASDAQ:PACW) - TGP (NASDAQ:PACW) telanaganapress.com - July 19 at 6:50 PM
	Shares of PacWest Bancorp (PACW) Rally 4.97% - Trade Calls (NASDAQ:PACW) www.tradecalls.org - July 19 at 6:50 PM
	ETF’s with exposure to PacWest Bancorp : July 19, 2016 (NASDAQ:PACW) www.capitalcube.com - July 19 at 12:58 PM