PacWest Bancorp Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last year. There are currently 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PacWest Bancorp stock.
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PacWest Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, October 13th 2021.
View our earnings forecast for PacWest Bancorp.

PacWest Bancorp (NASDAQ:PACW) released its quarterly earnings results on Sunday, July, 18th. The financial services provider reported $1.52 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.98 by $0.54. PacWest Bancorp had a net margin of 39.30% and a trailing twelve-month return on equity of 13.62%. During the same period in the previous year, the firm earned $0.28 EPS.
View PacWest Bancorp's earnings history.

PacWest Bancorp's stock was trading at $25.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PACW shares have increased by 58.0% and is now trading at $39.82.
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PacWest Bancorp announced a quarterly dividend on Monday, May 3rd. Stockholders of record on Monday, May 17th will be paid a dividend of $0.25 per share on Friday, May 28th. 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, May 14th.
View PacWest Bancorp's dividend history.

PacWest Bancorp pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.51%. 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 23.70% next year. This indicates that PacWest Bancorp will be able to sustain or increase its dividend.
View PacWest Bancorp's dividend history.

6 brokerages have issued 12 month price targets for PacWest Bancorp's shares. Their forecasts range from $29.00 to $50.00. On average, they anticipate PacWest Bancorp's share price to reach $41.86 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price.
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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.

Some companies that are related to PacWest Bancorp include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), Zions Bancorporation, National Association (ZION), First Horizon (FHN) and Commerce Bancshares (CBSH).
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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).

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

PacWest Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (1.86%), Fisher Asset Management LLC (0.86%), Alliancebernstein L.P. (0.15%), Sippican Capital Advisors (0.03%), Oregon Public Employees Retirement Fund (0.03%) and Cozad Asset Management Inc. (0.03%). 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.

PACW stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, State of Michigan Retirement System, Alliancebernstein L.P., Sippican Capital Advisors, Zurcher Kantonalbank Zurich Cantonalbank , and Cozad Asset Management Inc..
View insider buying and selling activity for PacWest Bancorp or view top insider-selling stocks.

PACW stock was purchased by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., New Mexico Educational Retirement Board, USA Financial Portformulas Corp, Eagle Bay Advisors LLC, Oregon Public Employees Retirement Fund, and Carolina Wealth Advisors LLC. 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.

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.
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One share of PACW stock can currently be purchased for approximately $39.82.

PacWest Bancorp has a market capitalization of $4.66 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.

PacWest Bancorp employs 1,700 workers across the globe.

PacWest Bancorp was founded in 1999.

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

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

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.