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PacWest Bancorp (PACW.OQ)

PACW.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

PacWest Bancorp - Deal To Be Neutral To 2019 And 2020 GAAP EPS Earnings
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - PacWest Bancorp ::PACWEST BANCORP - DEAL TO BE NEUTRAL TO 2019 AND 2020 GAAP EPS EARNINGS - SEC FILING.  Full Article

Pacwest Bancorp Will Buy El Dorado In A Deal Valed At About $466.7 Million
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - PacWest Bancorp ::PACWEST BANCORP AND EL DORADO SAVINGS BANK AGREE TO MERGE.PACWEST BANCORP - PACWEST WILL ACQUIRE EL DORADO IN A DEAL VALUED AT ABOUT $466.7 MILLION.PACWEST BANCORP - NO EL DORADO BRANCHES ARE EXPECTED TO BE CONSOLIDATED AS A RESULT OF DEAL.PACWEST BANCORP - EL DORADO STOCKHOLDERS WILL RECEIVE 58.2209 SHARES OF PACWEST STOCK & $427.92 IN CASH FOR EACH SHARE OF EL DORADO.PACWEST BANCORP - TOTAL VALUE OF MERGER CONSIDERATION IS $3,341.29 PER EL DORADO SHARE.  Full Article

Pacwest Bancorp Reports Q2 Earnings Per Share Of $0.92
Tuesday, 17 Jul 2018 

July 17 (Reuters) - PacWest Bancorp ::ANNOUNCES RESULTS FOR THE SECOND QUARTER 2018.Q2 EARNINGS PER SHARE $0.92.Q2 EARNINGS PER SHARE VIEW $0.88 -- THOMSON REUTERS I/B/E/S.QTRLY TANGIBLE COMMON EQUITY RATIO (1) 9.86 PERCENT VERSUS 10.43 PERCENT AT END OF Q1.  Full Article

Pacwest Bancorp Q4 EPS $0.66
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Pacwest Bancorp ::ANNOUNCES RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2017.Q4 EARNINGS PER SHARE $0.66.Q4 EARNINGS PER SHARE VIEW $0.73 -- THOMSON REUTERS I/B/E/S.- QTRLY NET INTEREST INCOME $263.0 MILLION VERSUS $248.3 MILLION.- ‍EXPECTS CURRENT $150 MILLION SHARE REPURCHASE AUTHORIZATION WILL BE COMPLETED DURING Q1 OF 2018​.- ‍ANTICIPATES ADDITIONAL REPURCHASE PROGRAM WILL BE AUTHORIZED BY BOARD OF DIRECTORS IN 2018​.  Full Article

PacWest Bancorp Announces Loan Portfolio Sale
Monday, 11 Dec 2017 

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 

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 

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

BRIEF-Pacwest Bancorp Appoints James Pieczynski Vice Chairman

* PACWEST BANCORP APPOINTS JAMES PIECZYNSKI VICE CHAIRMAN AND LAIRD BOULDEN IS PROMOTED TO PRESIDENT, CAPITALSOURCE DIVISION Source text for Eikon: Further company coverage: