NASDAQ:PACW

PacWest Bancorp Stock Forecast, Price & News

$42.32
-1.35 (-3.09 %)
(As of 06/14/2021 12:00 AM ET)
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Today's Range
$42.01
$44.08
50-Day Range
$37.47
$46.39
52-Week Range
$15.62
$46.75
Volume719,017 shs
Average Volume1.02 million shs
Market Capitalization$4.95 billion
P/E Ratio14.49
Dividend Yield2.29%
Beta1.61
30 days | 90 days | 365 days | Advanced Chart
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PacWest Bancorp logo

About PacWest Bancorp

PacWest Bancorp operates as the bank holding company for Pacific Western Bank that provides various 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, renovation, and construction of commercial real estate properties; small business administration loans; asset-based loans for working capital needs; venture capital loans to support the operations of entrepreneurial and venture-backed companies; and equipment-secured loans and leases. In addition, the company offers consumer loans comprising personal loans, auto loans, home equity lines of credit, revolving lines of credit, and other loans. Further, it provides international banking and multi-state deposit services; money market sweep products; investment advisory and asset management services; treasury and cash management services; telephone banking, remote deposit, and online and mobile banking services; and automated teller machine services. The company offers its products and services to small and mid-sized companies, venture capital and private equity investors, professionals, and other individuals. It operates through 70 full-service branches located in California; one branch located in Durham, North Carolina; one branch located in Denver, Colorado; and various loan production offices. The company was formerly known as First Community Bancorp and changed its name to PacWest Bancorp in April 2008. PacWest Bancorp was founded in 1999 and is headquartered in Beverly Hills, California.

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Industry, Sector and Symbol

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MarketRank

Overall MarketRank

1.88 out of 5 stars

Finance Sector

271st out of 1,976 stocks

National Commercial Banks Industry

29th out of 167 stocks

Analyst Opinion: 1.6Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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PacWest Bancorp (NASDAQ:PACW) Frequently Asked Questions

Is PacWest Bancorp a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last year. There are currently 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PacWest Bancorp stock.
View analyst ratings for PacWest Bancorp
or view top-rated stocks.

What stocks does MarketBeat like better than PacWest Bancorp?

Wall Street analysts have given PacWest Bancorp a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but PacWest Bancorp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is PacWest Bancorp's next earnings date?

PacWest Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, July 15th 2021.
View our earnings forecast for PacWest Bancorp
.

How were PacWest Bancorp's earnings last quarter?

PacWest Bancorp (NASDAQ:PACW) announced its earnings results on Monday, April, 19th. The financial services provider reported $1.27 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.36. The financial services provider had revenue of $306.10 million for the quarter, compared to analysts' expectations of $291.40 million. PacWest Bancorp had a trailing twelve-month return on equity of 9.84% and a net margin of 27.74%.
View PacWest Bancorp's earnings history
.

How has PacWest Bancorp's stock price been impacted by COVID-19?

PacWest Bancorp's stock was trading at $25.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PACW stock has increased by 67.9% and is now trading at $42.32.
View which stocks have been most impacted by COVID-19
.

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

PacWest Bancorp announced a quarterly dividend on Monday, May 3rd. Shareholders of record on Monday, May 17th will be given a dividend of $0.25 per share on Friday, May 28th. This represents a $1.00 annualized dividend and a yield of 2.36%. The ex-dividend date of this dividend is Friday, May 14th.
View PacWest Bancorp's dividend history
.

Is PacWest Bancorp a good dividend stock?

PacWest Bancorp pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.29%. PacWest Bancorp does not yet have a strong track record of dividend growth. The dividend payout ratio of PacWest Bancorp is 47.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PacWest Bancorp will have a dividend payout ratio of 24.27% next year. This indicates that PacWest Bancorp will be able to sustain or increase its dividend.
View PacWest Bancorp's dividend history.

What price target have analysts set for PACW?

5 equities research analysts have issued 1-year target prices for PacWest Bancorp's shares. Their forecasts range from $29.00 to $50.00. On average, they expect PacWest Bancorp's share price to reach $42.17 in the next twelve months. This suggests that the stock has a possible downside of 0.4%.
View analysts' price targets for PacWest Bancorp
or view top-rated stocks among Wall Street analysts.

Who are PacWest Bancorp's key executives?

PacWest Bancorp's management team includes the following people:
  • Mr. Matthew P. Wagner, Pres, CEO & Director (Age 64, Pay $1.91M)
  • Mr. Mark T. Yung, Exec. VP & COO (Age 47, Pay $1.25M)
  • Mr. William James Black Jr., Exec. VP of Strategy & Corp. Devel. (Age 45, Pay $933.5k)
  • Mr. Christopher D. Blake, Exec. VP, Pres & CEO of Community Banking Group (Age 61, Pay $872.06k)
  • Mr. James J. Pieczynski, Exec. VP (Age 58)
  • Mr. Bart R. Olson, Exec. VP & CFO (Age 52)
  • Ms. Monica L. Sparks, Exec. VP & Chief Accounting Officer (Age 41)
  • Natasha Luddington, Sr. VP & Associate Gen. Counsel
  • Ms. Rebecca H. Cordes, Exec. VP of HR (Age 65)
  • Mr. Bryan M. Corsini, Chief Credit Officer & Exec. VP (Age 59)

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

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

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), 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.83%), Dimensional Fund Advisors LP (2.99%), Vaughan Nelson Investment Management L.P. (1.84%), Geode Capital Management LLC (1.38%), Goldman Sachs Group Inc. (1.38%) and Bank of New York Mellon Corp (1.12%). Company insiders that own PacWest Bancorp stock include Christopher D Blake, James Pieczynski, Mark A Christian, Mark Yung, Paul Robert Burke, Robert A Stine and Susan E Lester.
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 BlackRock Inc., Prudential Financial Inc., Arrowstreet Capital Limited Partnership, Carlson Capital L P, BHZ Capital Management LP, Morgan Stanley, Principal Financial Group Inc., and Principal Financial Group Inc..
View insider buying and selling activity for PacWest Bancorp
or view top insider-selling stocks.

Which institutional investors are buying PacWest Bancorp stock?

PACW stock was acquired by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Boston Partners, Artemis Investment Management LLP, Jennison Associates LLC, Kennedy Capital Management Inc., Peregrine Capital Management LLC, Stieven Capital Advisors L.P., and MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income. Company insiders that have bought PacWest Bancorp stock in the last two years include Christopher D Blake, Mark Yung, Paul Robert Burke, Robert A Stine, and Susan E Lester.
View insider buying and selling activity for PacWest Bancorp
or or view top insider-buying stocks.

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 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 $42.32.

How much money does PacWest Bancorp make?

PacWest Bancorp has a market capitalization of $4.95 billion and generates $1.25 billion in revenue each year. The financial services provider earns $-1,237,570,000.00 in net income (profit) each year or $2.10 on an earnings per share basis.

How many employees does PacWest Bancorp have?

PacWest Bancorp employs 1,700 workers across the globe.

When was PacWest Bancorp founded?

PacWest Bancorp was founded in 1999.

What is PacWest Bancorp's official website?

The official website for PacWest Bancorp is www.pacwestbancorp.com.

Where are PacWest Bancorp's headquarters?

PacWest Bancorp is headquartered at 9701 Wilshire Boulevard Suite 700, Beverly Hills CA, 90212.

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.


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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