S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:PACW

PacWest Bancorp Stock Forecast, Price & News

$46.28
-2.96 (-6.01%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$45.34
$47.13
50-Day Range
$41.15
$50.28
52-Week Range
$23.14
$50.42
Volume
721,346 shs
Average Volume
867,027 shs
Market Capitalization
$5.43 billion
P/E Ratio
9.35
Dividend Yield
2.03%
Beta
1.51
30 days | 90 days | 365 days | Advanced Chart
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PacWest Bancorp logo

About PacWest Bancorp

PacWest Bancorp is a bank holding company, which specializes in financial and banking solutions. Through the Pacific Western Bank, it offers commercial banking services including real estate, construction, commercial loans, comprehensive deposit, and treasury management services to small and middle-market businesses. The company was founded on October 22, 1999 and is headquartered in Beverly Hills, CA.

Headlines

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Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:PACW
CUSIP
69526310
Employees
1,700
Year Founded
1999

Sales & Book Value

Annual Sales
$1.25 billion
Cash Flow
$14.74 per share
Book Value
$33.42 per share

Profitability

Net Income
$-1.24 billion
Pretax Margin
60.97%

Debt

Price-To-Earnings

Miscellaneous

Free Float
115,734,000
Market Cap
$5.43 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/17/2021
Ex-Dividend
11/12/2021
Today
11/27/2021
Dividend Payable
11/30/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/19/2022

MarketRank

Overall MarketRank

2.83 out of 5 stars

Finance Sector

90th out of 1,340 stocks

National Commercial Banks Industry

9th out of 108 stocks

Analyst Opinion: 3.5Community Rank: 4.4Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












PacWest Bancorp (NASDAQ:PACW) Frequently Asked Questions

Is PacWest Bancorp a buy right now?

10 Wall Street 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 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 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 (WHO). Since then, PACW stock has increased by 83.6% and is now trading at $46.28.
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 daily trading volume, of 668,200 shares, the days-to-cover ratio is presently 5.9 days. Approximately 3.4% of the shares of the company 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 quarterly earnings results on Sunday, October, 17th. The financial services provider reported $1.17 EPS for the quarter, beating the consensus estimate of $1.03 by $0.14. The financial services provider earned $327.19 million during the quarter, compared to analysts' expectations 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 firm's revenue was up 13.0% compared to the same quarter last year. During the same period last year, the firm earned $0.38 EPS.
View PacWest Bancorp's earnings history
.

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

PacWest Bancorp declared a quarterly dividend on Tuesday, November 2nd. Investors of record on Monday, November 15th will be given a dividend of $0.25 per share on Tuesday, November 30th. This represents a $1.00 annualized dividend and a yield of 2.16%. The ex-dividend date 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 2.03%. 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 equities research analysts have issued 12-month target prices for PacWest Bancorp's shares. Their forecasts range from $40.00 to $62.00. On average, they expect PacWest Bancorp's stock price to reach $51.20 in the next year. This suggests a possible upside of 10.6% 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.

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 investors 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 purchased by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Balyasny Asset Management LLC, Millennium Management LLC, Citigroup Inc., FJ Capital Management LLC, Capitolis Advisors LLC, Monarch Partners Asset Management LLC, and BNP Paribas Arbitrage SA. 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 $46.28.

How much money does PacWest Bancorp make?

PacWest Bancorp has a market capitalization of $5.43 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.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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