Advertisement

PACW

PacWest Bancorp

Financial Services

Set alert

Price alert · PACW

All alert types
7.54 0.00 0.00%
As of Nov 30, 2023
7.46 Day range 8.00

52-week range unavailable

Open
7.92
Prev close
7.54
Mkt cap
904.52M
Vol
24.14M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
0.53%
More statistics
Low
7.46
High
8.00
Forward P/E
18.39
Beta
1.43
Short ratio
5.21
Inst. own
84.88%
Dividend
0.04
Ex-div date
Nov 9, 2023
Earnings
Jan 25, 2024
50-d avg
7.66
200-d avg
9.19
1y target
10.46

2Y chart

Chart tools
Interval

Chart is warming up

The two-year price history for PACW has not been loaded yet. Try again in a moment.

Key statistics

Market cap
904.52M
Enterprise value
2.64B
Trailing P/E
0.00
Forward P/E
18.39
PEG ratio
2.28
Price / sales
1.08
Price / book
0.47
EPS (TTM)
-11.90
Beta
1.43
Dividend yield
0.53%
Payout ratio
29.67%
Profit margin
-163.25%
Revenue (TTM)
837.18M
Revenue growth
-56.20%
Free cash flow
0
Total cash
6.07B
Total debt
7.32B
Return on equity
-43.56%
Shares outstanding
119.96M
Short % of float
27.01%
50-day average
7.66
200-day average
9.19

Analyst view

Consensus: hold

Hold
Price target (mean) 10.46 +38.7% upside
Target (low)
8.00
Target (mean)
10.46
Target (high)
14.00
Ratings (0m) 13 7 buy · 6 hold · 0 sell
  • Strong buy3
  • Buy4
  • Hold6
  • Sell0
  • Strong sell0

Next earnings

Jan 25, 2024

Expected Jan 25, 2024. Consensus EPS estimate -0.06.

Earnings history

Financials — quick view

All financials
PACW Revenue — quarterly 174.54M
2019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 2023
PACW Net income — quarterly -23.34M
2019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 2023
PACW EPS — quarterly -0.28
2019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 2023

Earnings

PACW recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Jan 25, 2024Dec 1, 2023-0.10———
Oct 24, 2023Sep 1, 20230.05———
Jul 25, 2023Jun 1, 20230.18———
Apr 25, 2023Mar 1, 20230.65———
Jan 26, 2023Dec 1, 20221.01———
Oct 19, 2022Sep 1, 20221.08———

Upgrades / downgrades

PACW analyst upgrades and downgrades
DateFirmActionFromTo
Oct 3, 2023Wells FargomainEqual-WeightEqual-Weight
Sep 26, 2023Truist SecuritiesmainHoldHold
Jul 25, 2023WedbushmainNeutralNeutral
Jun 28, 2023Truist SecuritiesmainHoldHold
Jun 26, 2023Truist SecuritiesreitHoldHold
Jun 7, 2023Odeon Capitalinit—Hold

About PacWest Bancorp

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 mortgage loans, and real estate construction and land loans to professional developers and real estate investors for the acquisition, refinancing, renovation, and construction of commercial real estate properties; lender, equipment, and premium finance; other asset-based loans; 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 solutions; 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, middle-market, and venture-backed businesses. 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.

Sector
Financial Services
Industry
Banks—Regional
Country
United States

News

Your note

Sign in to keep a note on PACW — it syncs with the Stock Master app.

Insider holders

PACW insider holders
InsiderRelationLatest transactionDateShares held
ACKER TANYA MDirectorStock Award(Grant)May 1, 202336,289
BURKE PAUL ROBERTDirectorStock Award(Grant)May 1, 202370,963
CARLSON CRAIG ADirectorStock Award(Grant)May 1, 202336,226
EGGEMEYER JOHN M IIIDirectorStock Award(Grant)May 1, 2023293,325
HOSLER C WILLIAMDirectorStock Award(Grant)May 1, 202381,721
JESSEN POLLY BDirectorStock Award(Grant)May 1, 202319,781

Institution ownership

PACW institution ownership
Holder% heldSharesValueReported
Blackrock Inc.13.59%16,108,677131.29MJun 29, 2023
Vanguard Group Inc11.86%14,065,069114.63MJun 29, 2023
State Street Corporation9.37%11,104,75890.50MJun 29, 2023
Cardinal Capital Management LLC2.53%2,993,90824.40MJun 29, 2023
Dimensional Fund Advisors LP2.20%2,603,05221.21MJun 29, 2023
Geode Capital Management, LLC2.06%2,441,71019.90MJun 29, 2023

Fund ownership

PACW fund ownership
Holder% heldSharesValueReported
SPDR (R) Ser Tr-S&P Regional Banking ETF5.56%6,592,45352.41MAug 30, 2023
iShares Core S&P Smallcap ETF4.68%5,547,72043.88MSep 29, 2023
Vanguard Total Stock Market Index Fund3.16%3,743,63930.51MJun 29, 2023
Vanguard Small-Cap Index Fund2.57%3,047,46824.84MJun 29, 2023
iShares Russell 2000 ETF2.34%2,769,98522.02MAug 30, 2023
Vanguard Small Cap Value Index Fund1.78%2,110,27917.20MJun 29, 2023
Advertisement