NASDAQ:PACW

PacWest Bancorp Stock Forecast, Price & News

$30.32

+0.32 (+1.07 %)

(As of 01/21/2021 12:00 AM ET)

Add

Compare

Today's Range

$30.07

Now: $30.32▼

$31.77

50-Day Range

$24.21

MA: $26.93▼

$32.31

52-Week Range

$13.84

Now: $30.32▼

$37.52

Volume1.59 million shs

Average Volume1.02 million shs

Market Capitalization$3.54 billion

P/E RatioN/A

Dividend Yield3.33%

Beta1.67

PacWest Bancorp operates as the holding company for Pacific Western 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, 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 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 ATM services. The company offers its products and services to small and mid-sized companies, venture-backed businesses, venture capital and private equity investors, professionals, and other individuals. As of October 14, 2020, it had 72 full-service branches located in the state of California, one branch in Durham, North Carolina, and one branch in Denver, Colorado; and 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.

MarketRank^™

Overall MarketRank^™

2.06 out of 5 stars

Finance Sector

197th out of 1,942 stocks

National Commercial Banks Industry

32nd out of 164 stocks

1.3 Analyst's Opinion

Consensus Rating
PacWest Bancorp has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.83, PacWest Bancorp has a forecasted downside of 14.8% from its current price of $30.32.
Amount of Analyst Coverage
PacWest Bancorp has only been the subject of 2 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
PacWest Bancorp has received 451 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
PacWest Bancorp has received 491 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
PacWest Bancorp has received 52.12% “underperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Yield
PacWest Bancorp pays a meaningful dividend of 3.33%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
PacWest Bancorp does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of PacWest Bancorp is 25.64%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
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.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PacWest Bancorp insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.39% of the stock of PacWest Bancorp is held by insiders.
Percentage Held by Institutions
82.38% of the stock of PacWest Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for PacWest Bancorp are expected to grow by 79.75% in the coming year, from $1.63 to $2.93 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PacWest Bancorp is -2.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of PacWest Bancorp is -2.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
PacWest Bancorp has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:PACW

Previous Symbol

CUSIP69526310

CIK1102112

Webwww.pacwestbancorp.com

Phone310-887-8500

Employees1,835

Debt

Debt-to-Equity Ratio0.15

Current Ratio0.89

Quick Ratio0.89

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio18.60

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.36 billion

Price / Sales2.60

Cash Flow$4.69 per share

Price / Cash Flow6.46

Book Value$41.91 per share

Price / Book0.72

Profitability

EPS (Most Recent Fiscal Year)$3.90

Net Income$468.64 million

Net Margins-98.27%

Return on Equity6.14%

Return on Assets0.86%

Miscellaneous

Outstanding Shares116,783,000

Market Cap$3.54 billion

Next Earnings Date4/20/2021 (Estimated)

OptionableOptionable

$30.32

+0.32 (+1.07 %)

(As of 01/21/2021 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.

PacWest Bancorp (NASDAQ:PACW) Frequently Asked Questions

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 20.3% and is now trading at $30.32.
View which stocks have been most impacted by COVID-19.

Is PacWest Bancorp a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PacWest Bancorp stock.
View analyst ratings for PacWest Bancorp or view MarketBeat's top 5 stock picks.

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.

What is Doug Parker's approval rating as PacWest Bancorp's CEO?

1,448 employees have rated PacWest Bancorp CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among PacWest Bancorp's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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) released its earnings results on Tuesday, January, 19th. The financial services provider reported $0.99 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.67 by $0.32. PacWest Bancorp had a positive return on equity of 6.14% and a negative net margin of 98.27%.
View PacWest Bancorp's earnings history.

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

PacWest Bancorp announced a quarterly dividend on Tuesday, November 10th. Shareholders of record on Monday, November 30th will be given a dividend of $0.25 per share on Thursday, December 10th. This represents a $1.00 dividend on an annualized basis and a yield of 3.30%. The ex-dividend date is Friday, November 27th.
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 3.33%. 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?

6 equities research analysts have issued 1-year target prices for PacWest Bancorp's shares. Their forecasts range from $19.00 to $37.00. On average, they expect PacWest Bancorp's share price to reach $25.83 in the next year. This suggests that the stock has a possible downside of 14.8%.
View analysts' price targets for PacWest Bancorp or view Wall Street analyst' top-rated stocks.

Who are some of PacWest Bancorp's key competitors?

Some companies that are related to PacWest Bancorp include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Western Alliance Bancorporation (WAL).
View all of PACW's 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).

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 $3.99M)
Mr. Mark T. Yung, Exec. VP, COO & Director (Age 47, Pay $1.61M)
Mr. Christopher D. Blake, Exec. VP, Pres & CEO of Community Banking Group (Age 61, Pay $1.53M)
Mr. Laird M. Boulden, Exec. VP & Vice Chairman - Pacific Western Bank (Age 63, Pay $1.53M)
Mr. Bart R. Olson, CFO, Exec. VP & Chief Accounting Officer (Age 52)
Ms. Monica L. Sparks, Exec. VP & Chief Accounting Officer (Age 41)
Ms. Kori L. Ogrosky, Exec. VP, Gen. Counsel & Corp. Sec. (Age 51)
Mr. William James Black Jr., Exec. VP of Strategy & Corp. Devel. (Age 45)
Ms. Rebecca H. Cordes, Exec. VP of HR (Age 65)
Mr. James J. Pieczynski, Exec. VP, Vice Chairman & Director (Age 58)

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 Smith Graham & Co. Investment Advisors LP (0.25%), Gilman Hill Asset Management LLC (0.14%), Private Asset Management Inc. (0.05%), Sippican Capital Advisors (0.04%), State of Alaska Department of Revenue (0.02%) and Pacer 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., Pacer Advisors Inc., Smith Graham & Co. Investment Advisors LP, Gilman Hill Asset Management LLC, TRUE Private Wealth Advisors, Crossmark Global Holdings Inc., State of Alaska Department of Revenue, and Baldwin Brothers Inc. MA.
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 Sippican Capital Advisors. 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.

What is PacWest Bancorp's stock price today?

One share of PACW stock can currently be purchased for approximately $30.32.

How big of a company is PacWest Bancorp?

PacWest Bancorp has a market capitalization of $3.54 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. PacWest Bancorp employs 1,835 workers across the globe.

What is PacWest Bancorp's official website?

The official website for PacWest Bancorp is 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.

This page was last updated on 1/22/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here