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.

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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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PacWest Bancorp (NASDAQ:PACW ) Q2 2022 Earnings Conference Call July 21, 2022 11:00 AM ET Company Participants Bill Black - EVP, Strategy & Corporate Development Matt Wagner - CEO Bart Olson - CFO Mark Yung - EVP & COO Paul Taylor - President Conference Call Participants Jared Shaw - Wells Fargo Securities Andrew Terrell - Stephens Brandon King - Truist Securities Matthew Clark - Piper Sandler Gary Tenner - D.A. Davidson Christopher Marinac - Janney Montgomery Scott Chris McGratty - KBW Operator Good day and welcome to the PacWest Bancorp Second Quarter Earnings Conference Call.

PacWest Bancorp's (PACW) CEO Matt Wagner on Q2 2022 Results - Earnings Call Transcript

PacWest (PACW) delivered earnings and revenue surprises of -4.67% and 2.48%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

PacWest Bancorp (PACW) Q2 Earnings Lag Estimates

LOS ANGELES, July 20, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) -

PacWest Bancorp Announces Results for the Second Quarter 2022

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LOS ANGELES, June 13, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (the “Company”) and Pacific Western Bank (the “Bank”) announced today the appointment of Paul W. Taylor as President of both the Company and the Bank effective July 1, 2022. Mr. Taylor currently serves as a Director of the Company and the Bank and is a member of each of their respective Asset/Liability Management and Risk Committees. His appointment follows the Company's previously-announced plan to name a successor for Matthew P. Wagner, current President and Chief Executive Officer. Mr. Wagner will continue as Chief Executive Officer until December 31, 2023, with Mr. Taylor reporting directly to Mr. Wagner during this period. Upon Mr. Wagner's planned retirement as CEO on December 31, 2023, it is anticipated that Mr. Taylor will transition to the role of President and Chief Executive Officer of the Company and the Bank. Mr. Taylor will continue to serve on the Boards of Directors of the Company and the Bank. At the end of December 2023, it is anticipated that Mr. Wagner will transition to the role of Executive Chairman of the Company.

Paul W. Taylor Named President of PacWest Bancorp and Pacific Western Bank

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA releases its First-Quarter 2022 U.S. Bank Compendium. The Compendium provides our latest view of the U.S. banking sector and analyzes the 1Q22 results of U.S. banks with KBRA long-term ratings. This edition includes a spotlight on the pronounced inflationary pressure on vehicle prices, as well as auto loan exposures among the KBRA-rated bank population. In addition, the Compendium includes our quarterly environmental, social, and governance (ESG) Bulletin, which

KBRA Releases U.S. Bank 1Q22 Compendium

The combination of the management's team expansion efforts, digital platform enhancement, and economic factors will likely drive loan growth in the remainder of the year. The topline is moderately sensitive to interest rate changes.

PacWest Bancorp: Attractively Valued With Good Prospects Of Strong Loan Growth

$0.25 Per Share Cash Dividend Payable on May 31, 2022 to Stockholders of Record on May 16, 2022 $0.25 Per Share Cash Dividend Payable on May 31, 2022 to Stockholders of Record on May 16, 2022

PacWest Bancorp Announces Quarterly Dividend

PacWest (PACW) delivered earnings and revenue surprises of -3.81% and 4.39%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

PacWest Bancorp (PACW) Q1 Earnings and Revenues Miss Estimates

LOS ANGELES, April 19, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) -

PacWest Bancorp Announces Results for the First Quarter 2022

PACIFIC WESTERN BANK (THE "BANK"), THE WHOLLY-OWNED BANKING SUBSIDIARY OF PACWEST BANCORP (NASDAQ: PACW), ANNOUNCED TODAY THE RELEASE OF THE 2021 ENVIRONMENTAL SOCIAL GOVERNANCE REPORT, WHICH IS AVAILABLE AT: HTTPS://WWW.PACWEST.COM/SITES/DEFAULT/FILES/FILES/2021ENVIRONMENTALSOCIALGOVERNANCEREPORT.PDF LOS ANGELES , April 7, 2022 /PRNewswire/ -- PWB 2021 Environmental Social Governance Report Some of the key developments that are highlighted in the 2021 Report include: $1 billion in lending benefiting low- or moderate-income individuals and small businesses $3.5 million in charitable contributions to benefit local communities Outstanding CRA rating from the FDIC 2,896 Employee volunteer hours Our total workforce is 51% racially diverse Originated 2,032 Paycheck Protection Program loans to help small businesses in our communities "We believe that change is driven by empowering those we serve," said Matt Wagner, President and CEO. "Accordingly, we increased our efforts to deploy capital to businesses supporting sustainable development in their local communities and on a national level through our "Banking on the Future" initiative.

PACIFIC WESTERN BANK RELEASES 2021 Environmental Social Governance REPORT

LOS ANGELES, March 17, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (the “Company”) will report its financial results for the quarter ended March 31, 2022 after the close of the stock market on Tuesday April 19, 2022. 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 www.pacwestbancorp.com.

PacWest Bancorp Announces First Quarter Earnings Release Date

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PacWest's fourth quarter earnings were a little messy in some respects, but core pre-provision profits were better than expected and loan growth was exceptional. Strong demand for asset-backed lending, venture lending, and residential real estate should fuel strong loan growth in 2022 and double-digit pre-provision profit growth.

PacWest Still Undervalued As Opportunities To Deploy Excess Capital And Generate Profit Growth Continue To Improve

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Does PacWest Bancorp (PACW) have what it takes to be a top stock pick for momentum investors? Let's find out.

PacWest Bancorp (PACW) Is Up 2.61% in One Week: What You Should Know

PacWest (PACW) delivered earnings and revenue surprises of 7.55% and 3.74%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

PacWest Bancorp (PACW) Q4 Earnings and Revenues Surpass Estimates

LOS ANGELES, Jan. 19, 2022 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) -

PacWest Bancorp Announces Results for the Fourth Quarter and Full Year 2021

PacWest (PACW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PacWest Bancorp (PACW) Earnings Expected to Grow: Should You Buy?

LOS ANGELES, Dec. 16, 2021 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (the “Company”) will report its financial results for the quarter and year ended December 31, 2021 after the close of the stock market on Wednesday January 19, 2022. 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 www.pacwestbancorp.com.

PacWest Bancorp Announces Fourth Quarter Earnings Release Date

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News for PacWest Bancorp Stock (PACW)