NASDAQ:PACW - PacWest Bancorp Stock Price, News, & Analysis

$38.39
+0.12 (+0.31 %)
(As of 06/16/2019 04:00 PM ET)
Today's Range
$37.74
Now: $38.39
$38.47
50-Day Range
$36.34
MA: $38.43
$40.55
52-Week Range
$31.16
Now: $38.39
$54.67
Volume558,926 shs
Average Volume674,419 shs
Market Capitalization$4.56 billion
P/E Ratio10.32
Dividend Yield6.25%
Beta1.48
PacWest Bancorp operates as the holding company for Pacific Western Bank, a state chartered bank that provides commercial banking products and services. The company accepts demand, money market, and time deposits. It also provides real estate loans to professional developers and real estate investors for the acquisition, refinancing, and construction of commercial real estate properties; small business administration loans; asset-based loans for working capital needs; venture capital loans to support the start-up operations of entrepreneurial companies; and equipment-secured loans and leases. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:PACW
CUSIP69526310
Phone310-887-8500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.31 billion
Cash Flow$4.4901 per share
Book Value$39.63 per share

Profitability

Net Income$465.34 million

Miscellaneous

Employees1,833
Market Cap$4.56 billion
Next Earnings Date7/16/2019 (Estimated)
OptionableOptionable

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PacWest Bancorp (NASDAQ:PACW) Frequently Asked Questions

What is PacWest Bancorp's stock symbol?

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

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

PacWest Bancorp announced a quarterly dividend on Wednesday, May 1st. Investors of record on Monday, May 20th will be paid a dividend of $0.60 per share on Friday, May 31st. This represents a $2.40 annualized dividend and a yield of 6.25%. The ex-dividend date is Friday, May 17th. View PacWest Bancorp's Dividend History.

How will PacWest Bancorp's stock buyback program work?

PacWest Bancorp declared that its Board of Directors has initiated a stock buyback program on Monday, February 19th 2018, which allows the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

How were PacWest Bancorp's earnings last quarter?

PacWest Bancorp (NASDAQ:PACW) announced its earnings results on Tuesday, April, 16th. The financial services provider reported $0.92 EPS for the quarter, topping the Zacks' consensus estimate of $0.91 by $0.01. The financial services provider earned $285.94 million during the quarter, compared to the consensus estimate of $291.86 million. PacWest Bancorp had a return on equity of 9.58% and a net margin of 34.47%. During the same period last year, the firm earned $0.93 EPS. View PacWest Bancorp's Earnings History.

When is PacWest Bancorp's next earnings date?

PacWest Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, July 16th 2019. View Earnings Estimates for PacWest Bancorp.

What price target have analysts set for PACW?

9 equities research analysts have issued twelve-month target prices for PacWest Bancorp's stock. Their forecasts range from $38.00 to $58.00. On average, they anticipate PacWest Bancorp's stock price to reach $44.8750 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price. View Analyst Price Targets for PacWest Bancorp.

What is the consensus analysts' recommendation for PacWest Bancorp?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last year. There are currently 5 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PacWest Bancorp.

Has PacWest Bancorp been receiving favorable news coverage?

News coverage about PACW stock has trended somewhat positive this week, InfoTrie reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PacWest Bancorp earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for PacWest Bancorp.

Who are some of PacWest Bancorp's key competitors?

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), General Electric (Ge), Intel (INTC), Micron Technology (MU), JPMorgan Chase & Co. (Jpm), Applied Materials (AMAT), Ford Motor (F), Procter & Gamble (PG), AT&T (T) and NVIDIA (NVDA).

Who are PacWest Bancorp's key executives?

PacWest Bancorp's management team includes the folowing people:
  • Mr. Matthew P. Wagner, Pres, CEO & Director (Age 62)
  • Mr. Patrick J. Rusnak, Exec. VP & CFO (Age 55)
  • Mr. James J. Pieczynski, Exec. VP & Vice Chairman (Age 56)
  • Mr. Bryan M. Corsini, Chief Credit Officer & Exec. VP (Age 57)
  • Mr. Laird M. Boulden, Exec. VP & Pres of National Lending Group (Age 61)

Who are PacWest Bancorp's major shareholders?

PacWest Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.68%), Principal Financial Group Inc. (3.82%), Wells Fargo & Company MN (3.79%), Janus Henderson Group PLC (3.27%), FMR LLC (2.13%) and Ceredex Value Advisors LLC (1.68%). Company insiders that own PacWest Bancorp stock include Bryan M Corsini, Christopher D Blake, Craig A Carlson, Daniel B Platt, James Pieczynski, John M Eggemeyer III, Mark Yung, Matthew P Wagner, Patrick J Rusnak, Stanley R Ivie and Tanya M Acker. View Institutional Ownership Trends for PacWest Bancorp.

Which institutional investors are selling PacWest Bancorp stock?

PACW stock was sold by a variety of institutional investors in the last quarter, including TimesSquare Capital Management LLC, BlackRock Inc., Victory Capital Management Inc., Vaughan Nelson Investment Management L.P., Monarch Partners Asset Management LLC, Janus Henderson Group PLC, Comerica Bank and FMR LLC. View Insider Buying and Selling for PacWest Bancorp.

Which institutional investors are buying PacWest Bancorp stock?

PACW stock was acquired by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Principal Financial Group Inc., Lazard Asset Management LLC, Raymond James & Associates, The Manufacturers Life Insurance Company, Federated Investors Inc. PA, First Trust Advisors LP and Seizert Capital Partners LLC. Company insiders that have bought PacWest Bancorp stock in the last two years include James Pieczynski, John M Eggemeyer III, Mark Yung, Matthew P Wagner, Patrick J Rusnak and Tanya M Acker. View Insider Buying and Selling for PacWest Bancorp.

How do I buy shares of PacWest Bancorp?

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

What is PacWest Bancorp's stock price today?

One share of PACW stock can currently be purchased for approximately $38.39.

How big of a company is PacWest Bancorp?

PacWest Bancorp has a market capitalization of $4.56 billion and generates $1.31 billion in revenue each year. The financial services provider earns $465.34 million in net income (profit) each year or $3.72 on an earnings per share basis. PacWest Bancorp employs 1,833 workers across the globe.View Additional Information About PacWest Bancorp.

What is PacWest Bancorp's official website?

The official website for PacWest Bancorp is http://www.pacwestbancorp.com/.

How can I contact PacWest Bancorp?

PacWest Bancorp's mailing address is 9701 Wilshire Boulevard Suite 700, Beverly Hills CA, 90212. The financial services provider can be reached via phone at 310-887-8500.


MarketBeat Community Rating for PacWest Bancorp (NASDAQ PACW)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  366 (Thanks for Voting!)
Underperform Votes:  359 (Thanks for Voting!)
Total Votes:  725
MarketBeat's community ratings are surveys of what our community members think about PacWest Bancorp and other stocks. Vote "Outperform" if you believe PACW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PACW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/16/2019 by MarketBeat.com Staff

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