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66,000% upside on tiny biotech? (Ad)
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Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
66,000% upside on tiny biotech? (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
66,000% upside on tiny biotech? (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
66,000% upside on tiny biotech? (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
NASDAQ:PACW

PacWest Bancorp (PACW) Stock Forecast, Price & News

$7.11
+0.30 (+4.41%)
(As of 05/26/2023 ET)
Compare
Today's Range
$6.44
▼
$7.12
50-Day Range
$3.17
▼
$12.21
52-Week Range
$2.48
▼
$32.68
Volume
19.61 million shs
Average Volume
52.95 million shs
Market Capitalization
$839.26 million
P/E Ratio
N/A
Dividend Yield
0.56%
Price Target
$21.88
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

PacWest Bancorp MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
207.7% Upside
$21.88 Price Target
Short Interest
Bearish
24.09% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.13mentions of PacWest Bancorp in the last 14 days
Based on 34 Articles This Week
Insider Trading
Acquiring Shares
$1.09 M Bought Last Quarter
Proj. Earnings Growth
12.68%
From $1.42 to $1.60 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.87 out of 5 stars

Finance Sector

208th out of 911 stocks

National Commercial Banks Industry

34th out of 86 stocks

See Top Rated MarketRank™ Stocks Here

PACW stock logo

About PacWest Bancorp (NASDAQ:PACW) Stock

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.

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PACW Stock News Headlines

May 22, 2023 | marketbeat.com
A 2-Step Contrarian Move for 7.4% Dividends, 90% Returns
May 4, 2023 | marketbeat.com
PacWest, First Horizon Shares Plummet On Continued Bank Worries
Shares of PacWest Bancorp fell by over 41% as the company said it was in talks with investors, sparking concerns over the financial health of regional banks.
May 28, 2023 | Chaikin Analytics (Ad)
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert
Now, after years of big gains, he says one popular company's day in the sun is finally coming to an end. You must get off this sinking ship – NOW. 1 million people follow him for his surprisingly accurate predictions. His new sell alert could save your wealth in 2023.
May 27, 2023 | finance.yahoo.com
Michael ‘Big Short’ Burry’s Recent Stock Purchases
May 27, 2023 | americanbankingnews.com
PacWest Bancorp (NASDAQ:PACW) Shares Down 8.2%
May 26, 2023 | finance.yahoo.com
The Score: Target, Nvidia, and More Stocks That Defined the Week
May 26, 2023 | americanbankingnews.com
Equities Analysts Issue Forecasts for PacWest Bancorp's FY2023 Earnings (NASDAQ:PACW)
May 26, 2023 | americanbankingnews.com
PacWest Bancorp (NASDAQ:PACW) Forecasted to Earn Q2 2023 Earnings of $0.33 Per Share
May 28, 2023 | Chaikin Analytics (Ad)
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert
Now, after years of big gains, he says one popular company's day in the sun is finally coming to an end. You must get off this sinking ship – NOW. 1 million people follow him for his surprisingly accurate predictions. His new sell alert could save your wealth in 2023.
May 26, 2023 | americanbankingnews.com
Research Analysts Set Expectations for PacWest Bancorp's Q2 2023 Earnings (NASDAQ:PACW)
May 25, 2023 | americanbankingnews.com
PacWest Bancorp (NASDAQ:PACW) Sees Unusually-High Trading Volume After Analyst Upgrade
May 24, 2023 | americanbankingnews.com
PacWest Bancorp (NASDAQ:PACW) Shares Gap Up to $5.73
May 23, 2023 | markets.businessinsider.com
PacWest Bancorp Stock Is Surging: What's Going On?
May 23, 2023 | finance.yahoo.com
Why Shares of PacWest Bancorp Are Rising Today
May 23, 2023 | seekingalpha.com
PacWest Bancorp Surges On Win-Win Deal With Kennedy-Wilson Holdings
May 23, 2023 | finance.yahoo.com
These 2 Stocks Are Rising in a Down Market
May 23, 2023 | americanbankingnews.com
DA Davidson Raises PacWest Bancorp (NASDAQ:PACW) Price Target to $8.00
May 23, 2023 | americanbankingnews.com
PacWest Bancorp (NASDAQ:PACW) Receives $23.86 Consensus Price Target from Analysts
May 22, 2023 | proactiveinvestors.com
PacWest Bancorp soars after it strikes deal to sell $2.6 billion real estate loans to Kennedy-Wilson
May 22, 2023 | msn.com
Stocks making the biggest moves midday: PacWest, DraftKings, Pfizer, Foot Locker and more
May 19, 2023 | finance.yahoo.com
Regional bank stocks rise, Morgan Stanley stock dips amid CEO succession news
May 18, 2023 | americanbankingnews.com
PacWest Bancorp (NASDAQ:PACW) Shares Gap Up to $5.35
May 18, 2023 | americanbankingnews.com
PacWest Bancorp Target of Unusually Large Options Trading (NASDAQ:PACW)
May 17, 2023 | finance.yahoo.com
Western Alliance Gains on Deposit Growth. PacWest, Regional Banks Stocks Are Rising.
May 17, 2023 | americanbankingnews.com
PacWest Bancorp (NASDAQ:PACW) Trading Up 8.4%
May 16, 2023 | marketwatch.com
Panic Withdrawals at PacWest Bancorp: What is Next?
May 15, 2023 | barrons.com
PacWest, Regional Bank Stocks Bounce on FDIC Plan to Assess Bigger Lenders
See More Headlines
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PACW Company Calendar

Ex-Dividend for 2/28 Dividend
2/14/2023
Dividend Payable
2/28/2023
Last Earnings
4/26/2023
Ex-Dividend for 5/31 Dividend
5/12/2023
Today
5/28/2023
Dividend Payable
5/31/2023
Next Earnings (Estimated)
7/19/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:PACW
CUSIP
69526310
CIK
1102112
Web
www.pacwestbancorp.com
Phone
(919) 597-7466
Fax
858-756-5797
Employees
2,438
Year Founded
1999

Price Target and Rating

Average Stock Price Forecast
$21.88
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+207.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($7.85)
Trailing P/E Ratio
N/A
Forward P/E Ratio
5.01
P/E Growth
N/A
Net Income
$423.61 million
Net Margins
-48.43%
Pretax Margin
-46.42%
Return on Equity
14.46%
Return on Assets
1.08%

Debt

Debt-to-Equity Ratio
5.61
Current Ratio
1.21
Quick Ratio
1.12

Sales & Book Value

Annual Sales
$1.63 billion
Price / Sales
0.51
Cash Flow
$5.64 per share
Price / Cash Flow
1.26
Book Value
$19.26 per share
Price / Book
0.37

Miscellaneous

Outstanding Shares
118,040,000
Free Float
116,562,000
Market Cap
$839.26 million
Optionable
Optionable
Beta
1.36

Key Executives

  • Paul W. Taylor
    President, Chief Executive Officer & Director
  • Mark T. Yung
    Chief Operating Officer & Executive VP
  • Kevin L. Thompson
    Chief Financial Officer & Executive Vice President
  • Bryan M. CorsiniBryan M. Corsini
    Chief Credit Officer & Executive Vice President
  • Christopher D. Blake
    EVP, President & CEO-Community Banking Group

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













PACW Stock - Frequently Asked Questions

Should I buy or sell PacWest Bancorp stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last twelve months. There are currently 6 hold ratings and 3 buy ratings 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 forecast for 2023?

9 Wall Street research analysts have issued twelve-month target prices for PacWest Bancorp's stock. Their PACW share price forecasts range from $8.00 to $35.00. On average, they anticipate the company's stock price to reach $21.88 in the next year. This suggests a possible upside of 207.7% from the stock's current price.
View analysts price targets for PACW or view top-rated stocks among Wall Street analysts.

How have PACW shares performed in 2023?

PacWest Bancorp's stock was trading at $22.95 on January 1st, 2023. Since then, PACW shares have decreased by 69.0% and is now trading at $7.11.
View the best growth stocks for 2023 here.

Are investors shorting PacWest Bancorp?

PacWest Bancorp saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 27,850,000 shares, an increase of 41.1% from the April 30th total of 19,740,000 shares. Based on an average daily volume of 29,040,000 shares, the days-to-cover ratio is presently 1.0 days. Currently, 24.1% of the company's stock are short sold.
View PacWest Bancorp's Short Interest.

When is PacWest Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our PACW earnings forecast.

How were PacWest Bancorp's earnings last quarter?

PacWest Bancorp (NASDAQ:PACW) announced its quarterly earnings data on Wednesday, April, 26th. The financial services provider reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.01. The financial services provider earned $315.69 million during the quarter, compared to analyst estimates of $311.72 million. PacWest Bancorp had a negative net margin of 48.43% and a positive trailing twelve-month return on equity of 14.46%. The business's revenue 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 declared a quarterly dividend on Friday, May 5th. Investors of record on Monday, May 15th will be given a dividend of $0.01 per share on Wednesday, May 31st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date is Friday, May 12th.
Read our dividend analysis for PACW.

What ETFs hold PacWest Bancorp's stock?

ETFs with the largest weight of PacWest Bancorp (NASDAQ:PACW) stock in their portfolio include Roundhill MEME ETF (MEME), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), Invesco KBW Regional Banking ETF (KBWR), First Trust Financial AlphaDEX Fund (FXO), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Direxion Daily Regional Banks Bull 3x Shares (DPST) and Invesco S&P SmallCap Financials ETF (PSCF).

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 0.56%.
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 Glassdoor.com. 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).

What is PacWest Bancorp's stock symbol?

PacWest Bancorp trades on the NASDAQ under the ticker symbol "PACW."

Who are PacWest Bancorp's major shareholders?

PacWest Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.85%), State Street Corp (7.69%), Dimensional Fund Advisors LP (3.36%), FMR LLC (2.27%), Fisher Asset Management LLC (2.13%) and Two Sigma Advisers LP (1.54%). Insiders that own company stock include Bryan M Corsini, C William Hosler, Christopher D Blake, Daniel B Platt, James Pieczynski, Mark Yung, Matthew P Wagner, Monica L Sparks, Paul W Taylor, Rebecca H Cordes and William J Black.
View institutional ownership trends.

How do I buy shares of PacWest Bancorp?

Shares of PACW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is PacWest Bancorp's stock price today?

One share of PACW stock can currently be purchased for approximately $7.11.

How much money does PacWest Bancorp make?

PacWest Bancorp (NASDAQ:PACW) has a market capitalization of $839.26 million and generates $1.63 billion in revenue each year. The financial services provider earns $423.61 million in net income (profit) each year or ($7.85) on an earnings per share basis.

How many employees does PacWest Bancorp have?

The company employs 2,438 workers across the globe.

How can I contact PacWest Bancorp?

PacWest Bancorp's mailing address is 9701 Wilshire Boulevard Suite 700, Beverly Hills CA, 90212. The official website for the company is www.pacwestbancorp.com. The financial services provider can be reached via phone at (919) 597-7466 or via fax at 858-756-5797.

This page (NASDAQ:PACW) was last updated on 5/28/2023 by MarketBeat.com Staff

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