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.

PacWest Banc(NASDAQ:PACW) stock fell by 0.48% on Tuesday after the company reported its Q3 earnings results on Monday, October 18, 2021 at 04:30 PM. Here's what investors need to know about the announcement.

Recap: PacWest Banc Q3 Earnings

PacWest (PACW) delivered earnings and revenue surprises of 12.50% and 3.62%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

PacWest Bancorp (PACW) Q3 Earnings and Revenues Surpass Estimates

LOS ANGELES, Oct. 18, 2021 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) -

PacWest Bancorp Announces Results for the Third Quarter Of 2021

LOS ANGELES, Oct. 12, 2021 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (“PacWest”) announced today that its wholly-owned banking subsidiary, Pacific Western Bank (the “Bank”), completed the acquisition of MUFG Union Bank, N.A.'s (“Union Bank”) Homeowners Association (“HOA”) Services Division effective on October 8, 2021. The system conversion was completed over the weekend of October 9th – 11th. The HOA Services Division provides a full range of banking services to community management companies and their homeowners associations. This acquisition significantly expands the Bank's existing HOA banking practice, which provides lockbox, electronic receivables processing and other financial services to HOA management companies.

Pacific Western Bank Announces Close of Acquisition of Homeowners Association Services Division From MUFG Union Bank, N.A.

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PacWest (PACW) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

PacWest (PACW) Upgraded to Strong Buy: Here's What You Should Know

PacWest (PACW) delivered earnings and revenue surprises of 55.10% and 1.06%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

PacWest Bancorp (PACW) Surpasses Q2 Earnings and Revenue Estimates

Shares of PacWest Banc (NASDAQ:PACW) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 442.86% over the past year to $1.52, which beat the estimate of $0.97.

Recap: PacWest Banc Q2 Earnings

LOS ANGELES, July 19, 2021 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) -

PacWest Bancorp Announces Results for the Second Quarter of 2021

LOS ANGELES, July 07, 2021 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (the “Company”) will report its financial results for the quarter ended June 30, 2021 after the close of the stock market on Monday July 19, 2021. 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 Second Quarter Earnings Release Date and Regulatory Approval of HOA Acquisition

LOS ANGELES, June 15, 2021 /PRNewswire/ -- PacWest Bancorp (Nasdaq: PACW) (the "Company"), announced today the hiring of Angela Kelley as their new EVP, General Counsel and Corporate Secretary. She will also serve as the EVP, General Counsel for Pacific Western Bank, the wholly-owned banking subsidiary of the Company.

PacWest Bancorp Hires Angela Kelley As EVP, General Counsel And Corporate Secretary

It has returned 75% this year and has plenty more room to run.

This Is the Best Bank Stock Nobody's Talking About

A high allowance level and an improvement in the Californian market will likely keep the provision expense for loan losses subdued in the year ahead. The vaccine-driven economic recovery will likely drive loan growth in the year ahead.

PacWest Bancorp: Net Reversals Of Provisions To Drive Earnings

Is PacWest Bancorp (PACW) a great pick from the value investor's perspective right now? Read on to know more.

Can Value Investors Consider PacWest Bancorp (PACW) Stock?

PacWest (PACW) delivered earnings and revenue surprises of 41.11% and 5.04%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

PacWest Bancorp (PACW) Tops Q1 Earnings and Revenue Estimates

Shares of PacWest Banc (NASDAQ:PACW) decreased in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 309.68% year over year to $1.27, which beat the estimate of $0.91.

PacWest Banc: Q1 Earnings Insights

LOS ANGELES, April 20, 2021 (GLOBE NEWSWIRE) -- FIRST QUARTER 2021 RESULTS

PacWest Bancorp Announces Results for the First Quarter of 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: What to Know Ahead of Q1 Release

PacWest (PACW) seals deal to acquire MUFG Union Bank, N.A.'s HOA Services Division, in order to better cater to the specialized banking needs of community management companies and its HOA clients.

PacWest (PACW) to Acquire HOA Services Unit From Union Bank

NEW YORK, April 1, 2021 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of PacWest Bancorp (NASDAQ: PACW). If you are a shareholder of PacWest Bancorp and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: http://pjlfirm.com/pacwest-bancorp/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating PacWest Bancorp for Potential Breaches of Fiduciary Duty By Its Board of Directors

LOS ANGELES, April 01, 2021 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (“PacWest”) announced today that its wholly-owned banking subsidiary, Pacific Western Bank (the “Bank”), has entered into a definitive agreement to acquire MUFG Union Bank, N.A.'s (“Union Bank”) Homeowners Association (“HOA”) Services Division. The HOA Services Division provides a full range of banking services to community management companies and their homeowners associations. This acquisition will significantly expand the Bank's existing HOA banking practice, which provides lockbox, electronic receivables processing and other financial services to HOA management companies.

Pacific Western Bank Announces Agreement to Acquire Homeowners Association Services Division From MUFG Union Bank, N.A.

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Investing in high dividend-yielding stocks is always rewarding. Let's check First Hawaiian (FHB), Hope Bancorp (HOPE), PacWest (PACW), Provident Financial (PFS) & Umpqua Holdings (UMPQ) for earning solid dividend income.

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As of late, it has definitely been a great time to be an investor in PacWest Bancorp (PACW).

PacWest Bancorp's (PACW) Shares March Higher, Can It Continue?

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News for PacWest Bancorp Stock (PACW)