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PacWest Bancorp (PACW.OQ)

PACW.OQ on NASDAQ Stock Exchange Global Select Market

38.97USD
25 Apr 2019
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Latest Key Developments (Source: Significant Developments)

PacWest Bancorp Reports Q1 Earnings Per Share $0.92
Tuesday, 16 Apr 2019 07:02am EDT 

April 16 (Reuters) - PacWest Bancorp ::ANNOUNCES RESULTS FOR THE FIRST QUARTER 2019.Q1 EARNINGS PER SHARE $0.92.Q1 EARNINGS PER SHARE ESTIMATE $0.91 -- REFINITIV IBES DATA.NET INTEREST INCOME DECREASED BY $6.9 MILLION TO $254.9 MILLION FOR Q1 OF 2019 COMPARED TO $261.8 MILLION FOR Q4 OF 2018.  Full Article

Pacwest Bancorp Announces New Stock Repurchase Program With An Aggregate Purchase Price Not To Exceed $225 Million
Monday, 25 Feb 2019 05:43pm EST 

Feb 25 (Reuters) - PacWest Bancorp ::PACWEST BANCORP - NEW STOCK REPURCHASE PROGRAM NOT TO EXCEED $225 MILLION, WITH A PROGRAM MATURITY DATE OF FEBRUARY 29, 2020.  Full Article

Pacwest Bancorp Says Board Amended Its Existing Stock Repurchase Program
Friday, 16 Feb 2018 08:32am EST 

Feb 16 (Reuters) - Pacwest Bancorp ::PACWEST BANCORP SAYS ON FEB 14, 2018, BOARD AMENDED ITS EXISTING STOCK REPURCHASE PROGRAM - SEC FILING.PACWEST BANCORP - BOARD INCREASED AUTHORIZED REPURCHASE AMOUNT TO $350 MILLION EFFECTIVE AS OF FEB 15, 2018, EXTENDED PROGRAM MATURITY TO FEB 28, 2019.  Full Article

PacWest Bancorp Announces Loan Portfolio Sale
Monday, 11 Dec 2017 07:30am EST 

Dec 11 (Reuters) - Pacwest Bancorp ::PACWEST BANCORP ANNOUNCES LOAN PORTFOLIO SALE.PACWEST BANCORP - HAS AGREED TO SELL CASH FLOW LOANS WITH AN AGGREGATE CARRYING VALUE OF $1.49 BILLION AS OF NOVEMBER 30, 2017.PACWEST BANCORP - ‍ EXPECTS TO RECOGNIZE A PRE-TAX GAIN OF APPROXIMATELY $13 MILLION FROM SALE​.PACWEST BANCORP - EXPECTS TO SELL ADDITIONAL PORTFOLIO OF PERFORMING TECHNOLOGY CASH FLOW LOANS OF ABOUT $152 MILLION PRIOR TO YEAR-END.PACWEST BANCORP - WILL RETAIN NINE NON-SECURITY RELATED CASH FLOW LENDING RELATIONSHIPS WITH AN AGGREGATE CARRYING VALUE OF APPROXIMATELY $100 MILLION.PACWEST - WILL CONSIDER OPTIONS FOR REDEPLOYING LIQUIDITY GENERATED BY DEAL, INCLUDING POTENTIALLY REPLACING CURRENT $150 MILLION SHARE REPURCHASE PROGRAM.PACWEST BANCORP - ‍IN CONNECTION WITH DEAL, EXITING COMMERCIAL LENDING ORIGINATION OPERATIONS RELATED TO HEALTHCARE, TECHNOLOGY AND GENERAL CASH FLOWS​.PACWEST BANCORP - ‍IN CONNECTION WITH SALE OF PORTFOLIO, RETAINING SECURITY CASH FLOW BUSINESS​.  Full Article

Pacwest Bancorp board amends existing repurchase program
Thursday, 16 Nov 2017 05:10pm EST 

Nov 16 (Reuters) - Pacwest Bancorp ::Pacwest Bancorp - ‍on Nov 15, board amended existing repurchase program to reduce authorized repurchase amount, extend program maturity to Dec 31, 2018​.Pacwest Bancorp says ‍amended authorized repurchase amount is $150 million​ - SEC filing.  Full Article

PacWest Bancorp reports Q3 earnings per share of $0.84
Tuesday, 17 Oct 2017 07:00am EDT 

Oct 17 (Reuters) - PacWest Bancorp :PacWest Bancorp announces results for the third quarter 2017.Q3 earnings per share $0.84.Q3 earnings per share view $0.75 -- Thomson Reuters I/B/E/S.PacWest Bancorp - ‍net interest income decreased by $0.8 million to $241.7 million for Q3 of 2017 compared to $242.5 million for Q2 of 2017​.  Full Article

Pacwest Bancorp Q2 earnings per share $0.77
Tuesday, 18 Jul 2017 07:00am EDT 

July 18 (Reuters) - Pacwest Bancorp ::Pacwest Bancorp announces results for the second quarter 2017.Q2 earnings per share $0.77.Q2 earnings per share view $0.71 -- Thomson Reuters I/B/E/S.Pacwest Bancorp - qtrly ‍tax equivalent net interest margin increased five basis points to 5.21 pct​.Pacwest Bancorp - qtrly ‍net interest income increased by $10.0 million to $242.5 million in q2 of 2017 compared to $232.5 million in q1 of 2017​.  Full Article