NASDAQ:PACW

PacWest Bancorp Stock Forecast, Price & News

$39.87
+0.62 (+1.58 %)
(As of 04/14/2021 12:00 AM ET)
Add
Compare
Today's Range
$39.25
Now: $39.87
$40.44
50-Day Range
$36.24
MA: $39.12
$41.25
52-Week Range
$14.52
Now: $39.87
$42.59
Volume621,063 shs
Average Volume1.16 million shs
Market Capitalization$4.66 billion
P/E RatioN/A
Dividend Yield2.50%
Beta1.67
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.
PacWest Bancorp logo

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:PACW
CUSIP69526310
Phone310-887-8500
Employees1,700
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.36 billion
Cash Flow$6.17 per share
Book Value$41.91 per share

Profitability

Net Income$468.64 million

Miscellaneous

Market Cap$4.66 billion
Next Earnings Date4/20/2021 (Estimated)
OptionableOptionable

Headlines

PacWest Bancorp (NASDAQ:PACW) Shares Gap Up to $37.91
March 30, 2021 |  americanbankingnews.com
PACW: Raising target price to $41.00
February 26, 2021 |  finance.yahoo.com
PACW Crosses Above Average Analyst Target
February 9, 2021 |  nasdaq.com
PacWest Bancorp Overweight
January 5, 2021 |  markets.businessinsider.com
See More Headlines

MarketRank

Overall MarketRank

2.08 out of 5 stars

Finance Sector

139th out of 1,953 stocks

National Commercial Banks Industry

23rd out of 164 stocks

Analyst Opinion: 1.4Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$39.87
+0.62 (+1.58 %)
(As of 04/14/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive PACW News and Ratings via Email

Sign-up to receive the latest news and ratings for PACW and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











PacWest Bancorp (NASDAQ:PACW) Frequently Asked Questions

Is PacWest Bancorp a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but PacWest Bancorp wasn't one of them. MarketBeat thinks these five stocks 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 Tuesday, April 20th 2021.
View our earnings forecast for PacWest Bancorp
.

How were PacWest Bancorp's earnings last quarter?

PacWest Bancorp (NASDAQ:PACW) announced its quarterly earnings results on Tuesday, January, 19th. The financial services provider reported $0.99 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.67 by $0.32. The financial services provider earned $299.06 million during the quarter, compared to the consensus estimate of $286.68 million. PacWest Bancorp had a negative net margin of 98.27% and a positive trailing twelve-month return on equity of 6.14%.
View PacWest Bancorp's earnings history
.

How has PacWest Bancorp's stock 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 58.2% and is now trading at $39.87.
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 declared a quarterly dividend on Wednesday, February 17th. Shareholders of record on Monday, March 1st will be given a dividend of $0.25 per share on Wednesday, March 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date of this dividend is Friday, February 26th.
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 2.50%. PacWest Bancorp does not yet have a strock track record of dividend growth. The dividend payout ratio of PacWest Bancorp is 25.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PacWest Bancorp will have a dividend payout ratio of 34.13% 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?

7 equities research analysts have issued 12 month price objectives for PacWest Bancorp's shares. Their forecasts range from $19.00 to $41.00. On average, they expect PacWest Bancorp's stock price to reach $29.13 in the next twelve months. This suggests that the stock has a possible downside of 27.0%.
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 & Director (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, Vice Chairman & Director (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 a variety of institutional and retail investors. Top institutional shareholders include Private Asset Management Inc. (0.04%), Louisiana State Employees Retirement System (0.03%), State of Alaska Department of Revenue (0.02%), Pacer Advisors Inc. (0.01%), Moody National Bank Trust Division (0.01%) and FDx Advisors Inc. (0.01%). Company insiders that own PacWest Bancorp stock include Christopher D Blake, Mark A Christian, Mark Yung, Paul Robert Burke, Robert A Stine and Susan E Lester.
View institutional ownership trends for PacWest Bancorp
.

Which major investors are selling PacWest Bancorp stock?

PACW stock was sold by a variety of institutional investors in the last quarter, including Private Asset Management Inc., State of Alaska Department of Revenue, and Pacer Advisors Inc..
View insider buying and selling activity for PacWest Bancorp
or view top insider-selling stocks.

Which major investors are buying PacWest Bancorp stock?

PACW stock was acquired by a variety of institutional investors in the last quarter, including Moody National Bank Trust Division, FDx Advisors Inc., Carolina Wealth Advisors LLC, Louisiana State Employees Retirement System, and Huntington National Bank. 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 $39.87.

How much money does PacWest Bancorp make?

PacWest Bancorp has a market capitalization of $4.66 billion and generates $1.36 billion in revenue each year. The financial services provider earns $468.64 million in net income (profit) each year or $3.90 on an earnings per share basis.

How many employees does PacWest Bancorp have?

PacWest Bancorp employs 1,700 workers across the globe.

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 4/14/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.