PacWest Bancorp

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

Earnings data Q1 2020

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PacWest Bancorp restructures for growth, faces deposit challenges ahead

PacWest Bancorp's Q4 call highlighted strategic shifts, financial goals, and a focus on stability amidst economic challenges.
Management's alignment with the new plan, commitment to technology, and solid credit quality position the company for growth.
Challenges in deposit gathering, potential Fed rate impacts, and criticized loans require attention for sustained performance.

PacWest Bancorp beats estimates, focuses on stability and growth

PacWest Bancorp navigated challenges with resilience, reporting strong financial performance and stable credit quality amidst deposit fluctuations.
The company's focus on liquidity, expense management, and capital optimization positions it well for future growth and profitability.
Strategic initiatives to enhance operational efficiency and explore new revenue streams underscore PacWest's commitment to long-term value creation.

PacWest Bancorp and Banc of California merger set for growth

The merger between PacWest Bancorp and Banc of California is poised to deliver immediate benefits and long-term value through enhanced financial metrics and operational efficiencies.
While facing challenges in a slow economy and cost savings targets, the combined company has clear strengths in product offerings, funding profile, and talent retention strategies.
Strategic initiatives, conservative growth projections, and a focus on technology integration and fee revenue generation present opportunities for sustainable growth and profitability post-merger.

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CIG International's staff is experienced in all aspects of residential development and finance. Their years of highly focused real estate and investment experience allow us to make informed decisions that will directly meet the needs and goals of their clients. Please click on a name below to read more about a staff member's background and experience.

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Some banks may be benefiting from the flight of First Republic's investors and depositors.

First Republic Stock Recovers for Now. PacWest and Other Regionals Are Mixed.

PacWest Bancorp (PACW) Q1 2023 Earnings Call Transcript.

PacWest Bancorp (PACW) Q1 2023 Earnings Call Transcript

PacWest has seen deposits stabilize. Meanwhile, First Republic reported $100 billion of deposit outflows in Q1.

Why Shares of PacWest Bancorp Are Rising and First Republic Are Falling Today

PacWest Bancorp: A Top Bank Recovery Play For 2023.

PacWest Bancorp: A Top Bank Recovery Play For 2023

PacWest (NASDAQ: PACW) stock price jumped by almost 20% in the pre-market trading after the company announced positive results. The shares jumped to a high of $12.13, the highest point since March 22.

PacWest stock price analysis after the surge: don't buy it yet

PacWest Bancorp has reported a first-quarter loss after it booked a massive goodwill impairment as recent market volatility resulted in a sharp fall in its share price. However, news of a recovery in bank deposits sent its shares higher in early trade.

PacWest Bancorp shares rise despite 1Q loss as it reports a recovery in deposits

PacWest Bancorp stock PACW is up 13.5% as the top gainer in premarket trades, according to the MarketWatch Premarket Screener, after the bank posted first-quarter results. Raymond James analysts said PacWest's stronger-than-expected first-quarter operating earnings of 66 cents a share beat the consensus estimate of 61 cents a share.

PacWest is among the leading gainers in pre-market on Q1 results

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First Republic Bank stock FRC continued its steep drop on Wednesday after losing nearly half its value in the previous session, while PacWest Bancorp PACW is rallying after it disclosed a rise in deposits with its first-quarter results. First Republic fell 17% to $6.62 a share, a fresh all-time low, on heavy volume of 2 million shares, while PacWest moved up by 10.7%.

First Republic stock slide continues but PacWest rallies

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Although the revenue and EPS for PacWest (PACW) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

PacWest (PACW) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

PacWest Bancorp (PACW) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $1.01 per share a year ago.

PacWest Bancorp (PACW) Q1 Earnings Beat Estimates

Shares of PacWest Bancorp were shooting 15% higher in Tuesday's aftermarket trading after the regional bank disclosed a rise in deposits in recent weeks.

PacWest stock surges 15% as bank says deposits have been building in recent weeks

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PacWest Bancorp  (NASDAQ:PACW) stock is up 1.8% at $9.88 this afternoon, but carries a 74.4% year-to-date deficit.

How Options Traders Are Playing This Bank Stock

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LOS ANGELES , April 10, 2023 /PRNewswire/ -- Pacific Western Bank (the "Bank"), the primary subsidiary of PacWest Bancorp (Nasdaq: PACW), announced today the release of its 2022 Environmental Social Governance (ESG) Report, which is available at:

Pacific Western Bank Releases 2022 ESG Report

NEW YORK , March 31, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, continues investigating potential securities claims on behalf of shareholders of PacWest Bancorp (NASDAQ: PACW) resulting from allegations that PacWest may have issued materially misleading business information to the investing public. SO WHAT: If you purchased PacWest securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A TOP RANKED LAW FIRM, Encourages PacWest Bancorp Investors to Inquire About Securities Class Action Investigation - PACW

LOS ANGELES, March 31, 2023 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (the “Company” or “PacWest”) will report its financial results for the quarter ended March 31, 2023 after the close of the stock market on Tuesday, April 25, 2023. The Company will file its quarterly financial results with the SEC via Form 8-K and issue a press release via newswire, which will also be posted on the SEC Filings section of its website at http://www.pacwestbancorp.com. Management will host a conference call at 8:00 AM PT/ 11:00 AM ET on Wednesday, April 26, 2023 to discuss the Company's performance.

PacWest Bancorp Announces First Quarter Earnings Release Date and Conference Call

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News for PacWest Bancorp Stock (PACW)