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PACW

PACW - PacWest Bancorp Stock Price, Fair Value and News

7.54USD Delayed

Market Summary

PACW
USD7.54
Delayed

PACW Stock Price

View Fullscreen

PACW RSI Chart

PACW Valuation

Market Cap

894.1M

Price/Earnings (Trailing)

-0.65

Price/Sales (Trailing)

0.45

EV/EBITDA

-2.19

Price/Free Cashflow

2.98

PACW Price/Sales (Trailing)

PACW Profitability

EBT Margin

-75.08%

Return on Equity

-56.96%

Return on Assets

-3.71%

Free Cashflow Yield

33.59%

PACW Fundamentals

PACW Revenue

Revenue (TTM)

2.0B

Rev. Growth (Yr)

8.79%

Rev. Growth (Qtr)

-17.37%

PACW Earnings

Earnings (TTM)

-1.4B

Earnings Growth (Yr)

-117.74%

Earnings Growth (Qtr)

88.18%

Breaking Down PACW Revenue

Last 7 days

-8.7%

Last 30 days

6.5%

Last 90 days

-8.5%

Trailing 12 Months

-70.8%

How does PACW drawdown profile look like?

PACW Financial Health

Debt/Equity

2.62

Debt/Cashflow

0.05

PACW Investor Care

Dividend Yield

6.9%

Dividend/Share (TTM)

0.52

Shares Dilution (1Y)

0.66%

Diluted EPS (TTM)

-11.93

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.8B1.9B2.0B0
20221.2B1.3B1.4B1.6B
20211.1B1.1B1.1B1.2B
20201.2B1.2B1.1B1.1B
20191.2B1.2B1.2B1.2B
20181.1B1.1B1.1B1.2B
20171.0B1.0B1.0B1.1B
2016928.9M957.5M997.6M1.0B
2015830.7M844.8M850.1M883.9M
2014329.0M461.7M578.9M704.8M
2013291.0M289.7M299.8M309.9M
2012295.0M290.7M293.3M296.1M
2011295.9M304.9M302.3M295.3M
20100276.7M283.5M290.3M
2009000269.9M

Tracking the Latest Insider Buys and Sells of PacWest Bancorp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 30, 2023
wagner matthew p
back to issuer
-
-
-33,885
executive chairman
Nov 30, 2023
jessen polly b
back to issuer
-
-
-18,535
-
Nov 30, 2023
black william j
back to issuer
-
-
-13,000
evp, strategy & corp. dev.
Nov 30, 2023
carlson craig a
back to issuer
-
-
-3,000
-
Nov 30, 2023
cordes rebecca h
back to issuer
-
-
-10,000
evp, human resources
Nov 30, 2023
eggemeyer john m iii
back to issuer
-
-
-28,500
-
Nov 30, 2023
wagner matthew p
back to issuer
-
-
-52,925
executive chairman
Nov 30, 2023
hosler c william
back to issuer
-
-
-81,721
-
Nov 30, 2023
blake christopher d
back to issuer
-
-
-222
pres. & ceo, community banking
Nov 30, 2023
taylor paul w
back to issuer
-
-
-3,000
president & ceo

1–10 of 50

Which funds bought or sold PACW recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
Beacon Capital Management, LLC
sold off
-100
-1,440
-
-%
May 03, 2024
HUNTINGTON NATIONAL BANK
unchanged
-
-
8.00
-%
May 01, 2024
Blue Trust, Inc.
sold off
-100
-3,000
-
-%
Mar 04, 2024
TUCKER ASSET MANAGEMENT LLC
sold off
-100
-997
-
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
sold off
-100
-319,000
-
-%
Feb 26, 2024
Virtu Financial LLC
sold off
-100
-222,000
-
-%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
sold off
-100
-649
-
-%
Feb 14, 2024
NinePointTwo Capital LLC
sold off
-100
-237,000
-
-%
Jan 16, 2024
WEALTHSOURCE PARTNERS, LLC
sold off
-100
-107,576
-
-%
Jan 09, 2024
IFP Advisors, Inc
unchanged
-
-74.00
1,508
-%

1–10 of 43

Are Funds Buying or Selling PACW?

Are funds buying PACW calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PACW
No. of Funds

Unveiling PacWest Bancorp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
11.54%
13,591,315
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 07, 2023
state street corp
5.10%
6,010,920
SC 13G/A
Jan 23, 2023
blackrock inc.
10.3%
12,107,010
SC 13G/A
Dec 07, 2022
blackrock inc.
10.0%
11,799,412
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G
Feb 03, 2022
blackrock inc.
8.5%
9,909,030
SC 13G/A
Mar 10, 2021
blackrock inc.
10.2%
11,897,314
SC 13G/A
Feb 10, 2021
vanguard group inc
10.24%
11,964,264
SC 13G/A

Recent SEC filings of PacWest Bancorp

View All Filings
Date Filed Form Type Document
Feb 09, 2024
SC 13G/A
Major Ownership Report

PacWest Bancorp News

Latest updates
Yahoo News UK22 hours ago
Yahoo Movies UK15 May 202409:27 am
Yahoo News UK14 May 202402:33 pm
Yahoo Singapore News13 May 202407:20 pm
The Motley Fool8 months ago

PacWest Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-17.4%446540518473410351323315290281273272266274291294307315305303293
EBITDA Margin-379.6%-0.26*-0.05*0.26*1.23*1.44*1.54*1.64*1.71*1.70*1.60*1.41*----------
Interest Expenses-29.7%131186279323335324309300276266261259251254250247252261255262260
Income Taxes95.2%-3.22-67.03-64.9218.0044.0041.0042.0052.0048.0062.0054.0037.0014.0013.0012.0029.0042.0050.0043.0039.0041.00
Earnings Before Taxes90.0%-26.57-264-1,26067.0017516316218818824320415359.0046.00-1,421147152178156154158
EBT Margin-13.6%-0.75*-0.66*-0.49*0.36*0.49*0.55*0.65*0.71*0.71*0.60*0.43*----------
Net Income88.2%-23.34-197-1,19550.0013212212014612018115011746.0033.00-1,433118110128113115116
Net Income Margin-10.7%-0.69*-0.62*-0.51*0.27*0.37*0.40*0.47*0.52*0.51*0.45*0.32*----------
Free Cashflow-71.6%30.00105-30.2319622513412710815181.00145----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-3.8%36,87838,33744,30341,22941,40540,95139,25040,4434,36334,86832,85731,17729,49828,42727,36626,14326,77126,72526,34426,32425,731
    Cash Equivalents-9.4%6,0706,6986,6802,2402,4612,3902,0714,0573,6995,8585,695-3,1612,9531,921612638736608557386
  Net PPE-12.0%50.0057.0060.0054.0051.0051.0051.0047.0047.0040.0040.001.0039.0041.0042.0040.0039.0038.0038.0038.0035.00
  Goodwill----1,3771,4061,4061,4061,4062021,2041,2041251,0791,0791,0791,0792,5492,5492,5492,5492,549
Liabilities-3.7%34,47935,80441,53237,27837,52936,97235,59936,4444,12531,02129,20227,55325,90324,94023,91322,75321,81621,80521,49221,53320,906
  Long Term Debt-1.0%6,2956,35711,8821,7641,8651,592991--7.0020.0050.005.0060.0060.002,2951,7591,2531,9131,4811,371
Shareholder's Equity-5.3%2,3992,5332,7713,9513,8763,9783,6514,0003,6513,8473,654-3,5953,4863,4533,3904,9554,9204,8524,7914,826
  Retained Earnings-421.8%-25.408.002151,4211,3811,2591,1361,016880740560-4092932472141,6521,5341,4241,2961,183
  Additional Paid-In Capital0.0%2,9112,9112,9032,9282,9502,9712,9913,0133,0353,0573,077-3,1013,1263,1483,1713,3063,3713,4363,5363,723
Float------3,100---4,800----2,200---4,500-6,123
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-68.9%33.00105-20.9920322813713411116284.0014714169.00158116135168128152144157
  Share Based Compensation-97.1%0.009.005.008.0010.0010.008.008.009.009.006.005.007.006.006.007.007.007.006.007.008.00
Cashflow From Investing-87.6%7135,736133-22.03-617-1,626-1,304-37.57-3,196-1,689-791-823-44.4362.00-875-166-23479.00-308-914-364
Cashflow From Financing76.4%-1,374-5,8234,327-4014601,808-8162858761,7683,1798901,0081,088734-66.48195-156328774137
  Dividend Payments-25.8%1.001.0029.0030.0030.0030.0030.0030.0030.0030.0030.0029.0030.0030.0071.0072.0072.0072.0073.0074.0074.00
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PACW Income Statement

2023-09-30
Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Interest income:    
Loans and leases$ 310,392$ 346,550$ 1,150,049$ 907,595
Investment securities45,32653,135133,716159,459
Deposits in financial institutions90,36610,359219,99516,412
Total interest income446,084410,0441,503,7601,083,466
Interest expense:    
Deposits205,98261,288540,66382,858
Borrowings94,2343,081324,2705,683
Subordinated debt15,13910,49442,75027,102
Total interest expense315,35574,863907,683115,643
Net interest income130,729335,181596,077967,823
Provision for credit losses03,0005,00014,500
Net interest income after provision for credit losses130,729332,181591,077953,323
Noninterest income:    
Leased equipment income14,55412,83550,79838,264
Other commissions and fees7,64110,03429,22632,427
Service charges on deposit accounts4,0183,60811,90610,813
(Loss) gain on sale of loans and leases(1,901)58(157,820)130
Gain (loss) on sale of securities0860(1,019)
Dividends and gains (losses) on equity investments3,8373,2287,593(4,050)
Warrant (loss) income(88)292(545)2,536
LOCOM HFS Adjustment3070(11,636)0
Other income15,4408,47822,59514,682
Total noninterest income (loss)43,80838,619(47,883)93,783
Noninterest expense:    
Compensation71,642105,933242,999300,715
Occupancy15,29315,57445,74346,042
Lease Equipment Depreciation8,3338,90826,79627,031
Data processing11,1049,56833,00528,455
Other professional services5,59710,67421,64323,354
Federal Deposit Insurance Corporation Premium Expense38,2987,15975,65018,281
Customer related expense26,97112,67378,27837,076
Loan expense4,2436,22816,01218,422
Intangible asset amortization2,3893,6497,18910,947
Acquisition, integration and reorganization costs9,925030,8330
Goodwill impairment001,376,7360
Foreclosed assets income, net(609)(248)(244)(3,629)
Other expense7,91715,500139,90339,995
Total noninterest expense201,103195,6182,094,543546,689
(Loss) earnings before income taxes(26,566)175,182(1,551,349)500,417
Income tax (benefit) expense3,222(43,566)135,167(126,313)
Net (loss) earnings(23,344)131,616(1,416,182)374,104
Preferred Stock Dividends, Income Statement Impact9,9479,39229,8419,392
Net Income (Loss) Available to Common Stockholders, Diluted(33,291)122,224(1,446,023)364,712
Net Income (Loss) Available to Common Stockholders, Basic$ (33,291)$ 122,224$ (1,446,023)$ 364,712
(Loss) earnings per common share:    
Basic (usd per share)$ (0.28)$ 1.02$ (12.23)$ 3.04
Diluted (usd per share)$ (0.28)$ 1.02$ (12.23)$ 3.04

PACW Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS:  
Cash and due from banks$ 182,261$ 212,273
Interest-earning deposits in financial institutions5,887,4062,027,949
Total cash, cash equivalents, and restricted cash6,069,6672,240,222
Securities available-for-sale, at fair value (amortized cost of $5,443,677 and $5,654,617, respectively)4,487,1724,843,487
Debt Securities, Held-to-Maturity, Excluding Accrued Interest, after Allowance for Credit Loss2,282,586[1]2,269,135[2]
Federal Home Loan Bank stock, at cost17,25034,290
Total investment securities6,787,0087,146,912
Loans Receivable Held-for-sale, Amount188,86665,076
Gross loans and leases held for investment21,969,78928,726,016
Deferred fees, net(48,843)(116,887)
Allowance for loan and lease losses(222,297)(200,732)
Total loans and leases held for investment, net[3]21,698,64928,408,397
Equipment leased to others under operating leases352,330404,245
Premises and equipment, net50,23654,315
Foreclosed assets, net6,8295,022
Goodwill01,376,736
Core deposit and customer relationship intangibles, net24,19231,381
Deferred Tax Assets, Tax Deferred Expense506,248281,848
Other assets1,193,8081,214,782
Total assets36,877,83341,228,936
LIABILITIES AND STOCKHOLDERS' EQUITY  
Noninterest-bearing deposits5,579,03311,212,357
Interest-bearing deposits21,019,64822,723,977
Total deposits26,598,68133,936,334
Borrowings (including $123,782 at fair value)6,294,5251,764,030
Subordinated debt870,896867,087
Accrued interest payable and other liabilities714,454710,954
Total liabilities34,478,55637,278,405
Commitments and contingencies
Preferred stock par value (usd per share)$ 0.01$ 0.01
Preferred Stock, Shares Authorized5,000,0005,000,000
Preferred stock issued (shares)513,250513,250
Preferred stock outstanding (shares)513,250513,250
Preferred Stock $0.01 par value; 5,000,000 shares authorized; 513,250 Series A shares, $1,000 per share liquidation preference, issued and outstanding at June 30, 2023 and December 31, 2022$ 498,516$ 498,516
Common stock ($0.01 par value, 200,000,000 shares authorized at June 30, 2023 and December 31, 2022; 123,000,557 and 123,000,557 shares issued, respectively, including 3,082,495 and 2,778,500 shares of unvested restricted stock, respectively)1,2311,230
Additional paid-in capital2,910,7162,927,903
Retained (deficit) earnings$ (25,399)$ 1,420,624
Treasury Stock, Shares 3,082,495 and 2,778,500 shares at June 30, 2023 and December 31, 2022)3,106,9152,778,500
Treasury stock, at cost$ (112,105)$ (106,839)
Accumulated other comprehensive loss, net(873,682)(790,903)
Total stockholders' equity2,399,2773,950,531
Total liabilities and stockholders' equity$ 36,877,833$ 41,228,936
Preferred Stock, Liquidation Preference Per Share$ 1,000$ 1,000
Debt Securities, Available-for-sale, Amortized Cost$ 5,443,677$ 5,654,617
[1]Excludes accrued interest receivable of $11.3 million at September 30, 2023 which is recorded in "Other assets" on the condensed consolidated balance sheets
[2]Excludes accrued interest receivable of $13.5 million at December 31, 2022 which is recorded in "Other assets" on the condensed consolidated balance sheets
[3]Excludes accrued interest receivable of $95.4 million and $124.3 million at September 30, 2023 and December 31, 2022, respectively, which is recorded in "Other assets" on the condensed consolidated balance sheets.
PACW
PacWest Bancorp operates as the bank holding company for Pacific Western Bank that provides various banking products and services. The company accepts demand, money market, and time deposits. It also provides real estate mortgage loans, and real estate construction and land loans to professional developers and real estate investors for the acquisition, refinancing, renovation, and construction of commercial real estate properties; lender, equipment, and premium finance; other asset-based loans; venture capital loans to support the operations of entrepreneurial and venture-backed companies; and equipment-secured loans and leases. In addition, the company offers consumer loans comprising personal loans, auto loans, home equity lines of credit, revolving lines of credit, and other loans. Further, it provides international banking and multi-state deposit services; money market sweep products; investment advisory and asset management solutions; treasury and cash management services; telephone banking, remote deposit, and online and mobile banking services; and automated teller machine services. The company offers its products and services to small, middle-market, and venture-backed businesses. The company was formerly known as First Community Bancorp and changed its name to PacWest Bancorp in April 2008. PacWest Bancorp was founded in 1999 and is headquartered in Beverly Hills, California.
 CEO
 WEBSITEpacwestbancorp.com
 INDUSTRYBanks Diversified
 EMPLOYEES2438

PacWest Bancorp Frequently Asked Questions


What is the ticker symbol for PacWest Bancorp? What does PACW stand for in stocks?

PACW is the stock ticker symbol of PacWest Bancorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of PacWest Bancorp (PACW)?

As of Thu Nov 30 2023, market cap of PacWest Bancorp is 894.15 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PACW stock?

You can check PACW's fair value in chart for subscribers.

What is the fair value of PACW stock?

You can check PACW's fair value in chart for subscribers. The fair value of PacWest Bancorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of PacWest Bancorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PACW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is PacWest Bancorp a good stock to buy?

The fair value guage provides a quick view whether PACW is over valued or under valued. Whether PacWest Bancorp is cheap or expensive depends on the assumptions which impact PacWest Bancorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PACW.

What is PacWest Bancorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Nov 30 2023, PACW's PE ratio (Price to Earnings) is -0.65 and Price to Sales (PS) ratio is 0.45. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PACW PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on PacWest Bancorp's stock?

In the past 10 years, PacWest Bancorp has provided -0.122 (multiply by 100 for percentage) rate of return.