PacWest Bancorp Stock Forecast, Price & News

PacWest Bancorp (NASDAQ:PACW) Frequently Asked Questions

Is PacWest Bancorp a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last year. There are currently 1 hold rating, 8 buy ratings and 1 strong buy rating 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 top-rated stocks.

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

PacWest Bancorp's stock was trading at $25.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PACW stock has increased by 79.0% and is now trading at $45.12.
View which stocks have been most impacted by COVID-19.

Are investors shorting PacWest Bancorp?

PacWest Bancorp saw a increase in short interest during the month of October. As of October 29th, there was short interest totaling 3,910,000 shares, an increase of 18.8% from the October 14th total of 3,290,000 shares. Based on an average trading volume of 668,200 shares, the short-interest ratio is currently 5.9 days. Currently, 3.4% of the company's shares are short sold.
View PacWest Bancorp's Short Interest.

When is PacWest Bancorp's next earnings date?

PacWest Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, January 19th 2022.
View our earnings forecast for PacWest Bancorp.

How were PacWest Bancorp's earnings last quarter?

PacWest Bancorp (NASDAQ:PACW) released its earnings results on Sunday, October, 17th. The financial services provider reported $1.17 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.03 by $0.14. The financial services provider had revenue of $327.19 million for the quarter, compared to analyst estimates of $317.04 million. PacWest Bancorp had a trailing twelve-month return on equity of 15.74% and a net margin of 45.47%. The business's revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.38 earnings per share.
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 2nd. Investors of record on Monday, November 15th will be paid a dividend of $0.25 per share on Tuesday, November 30th. This represents a $1.00 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend is Friday, November 12th.
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 2.24%. PacWest Bancorp does not yet have a strong track record of dividend growth. The dividend payout ratio of PacWest Bancorp is 20.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PacWest Bancorp will have a dividend payout ratio of 23.31% 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?

10 analysts have issued 12 month price targets for PacWest Bancorp's stock. Their forecasts range from $40.00 to $62.00. On average, they anticipate PacWest Bancorp's share price to reach $51.20 in the next year. This suggests a possible upside of 13.5% from the stock's current price.
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:

• Matthew P. Wagner, President, Chief Executive Officer & Director
• Mark T. Yung, Chief Operating Officer, Director & Executive VP
• Bart R. Olson, Chief Financial Officer & Executive Vice President
• Bryan M. Corsini, Chief Credit Officer & Executive Vice President
• Christopher D. Blake, EVP, President & CEO-Community Banking Group (LinkedIn Profile)

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?

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

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. (8.19%), Cardinal Capital Management LLC CT (4.37%), Dimensional Fund Advisors LP (2.80%), Goldman Sachs Group Inc. (2.01%), Vaughan Nelson Investment Management L.P. (1.59%) and Ceredex Value Advisors LLC (1.44%). Company insiders that own PacWest Bancorp stock include Christopher D Blake, Daniel B Platt, James Pieczynski, 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 Vaughan Nelson Investment Management L.P., Two Sigma Investments LP, Cardinal Capital Management LLC CT, Barclays PLC, BlackRock Inc., Pinebridge Investments L.P., Los Angeles Capital Management LLC, and Two Sigma Advisers LP. Company insiders that have sold PacWest Bancorp company stock in the last year include Christopher D Blake, Daniel B Platt, and James Pieczynski.
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 William Blair Investment Management LLC, Balyasny Asset Management LLC, Balyasny Asset Management LLC, Millennium Management LLC, Citigroup Inc., FJ Capital Management LLC, Capitolis Advisors LLC, and Monarch Partners Asset Management 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.

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.
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What is PacWest Bancorp's stock price today?

One share of PACW stock can currently be purchased for approximately $45.12.

How much money does PacWest Bancorp make?

PacWest Bancorp has a market capitalization of $5.29 billion and generates $1.25 billion in revenue each year. The financial services provider earns $-1.24 billion in net income (profit) each year or $4.95 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 or via fax at 858-756-5797.