PacWest Bancorp
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Paul W. Taylor
- Full Time Employees
- 2,438
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 9701 Wilshire Boulevard Beverly Hills CA United States of America 90212
- IPO Date
- Jun 5, 2000
- CIK
- 0001102112
- Website
- pacwestbancorp.com
- Similar Companies
- Business
- PacWest Bancorp operates as a bank holding company with its wholly owned subsidiary, Pacific Western Bank, providing commercial banking products and services including deposit accounts such as checking, savings, money market accounts, and certificates of deposit; commercial lending, real estate loans, equipment lending and leasing, SBA lending, venture banking, warehouse lending, healthcare and education banking, HOA services, and payment processing solutions through Deepstack Technologies, primarily targeting small and medium-sized businesses, non-profits, and individuals. Headquartered in Beverly Hills, California, and founded in 1999, the company maintains 69 branches mainly in southern and central California, one branch each in Denver, Colorado, and Durham, North Carolina, plus loan production offices nationwide. In November 2023, PacWest Bancorp was acquired by Banc of California in an all-stock transaction valued at approximately $1.1 billion, accompanied by a $400 million equity investment from affiliates of Warburg Pincus and Centerbridge Partners to strengthen the combined entity's balance sheet; preceding the merger, the company divested non-core assets including its Civic Financial Services subsidiary in May 2023, $2.6 billion in real estate construction loans to Kennedy Wilson, $1.2 billion in New York City construction loan commitments to Cain International, and a $3.54 billion lender finance portfolio to Ares Management in June 2023.
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Banc of California Announces Completion of Transformational Merger with PacWest Bancorp and $400 Million Equity Raise
PacWest (PACW)-Banc of California (BANC) Deal Gets Shareholder Nod
Banc of California and PacWest Bancorp Receive Stockholder Approvals for their Merger
Banc of California and PacWest Bancorp Receive Stockholder Approvals for their Merger
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in PacWest Bancorp of Class Action Lawsuit and Upcoming Deadline - PACW
SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind PacWest Investors of a Lead Plaintiff Deadline of November 13, 2023
The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against PacWest Bancorp (PACW)
SHAREHOLDER ALERT: Levi & Korsinsky Notifies PacWest Bancorp(PACW) Investors of a Class Action Lawsuit and Upcoming Deadline
INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in PacWest Bancorp with Losses of $500,000 to Contact the Firm
SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in PacWest Bancorp with Losses of $100,000 to Contact the Firm
SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of PacWest Bancorp of a Class Action Lawsuit and a Lead Plaintiff Deadline of November 13, 2023 - (NASDAQ: PACW)
FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in PacWest Bancorp with Losses of $100,000 to Contact the Firm
PACW Investors Have Opportunity to Lead PacWest Bancorp Securities Fraud Lawsuit
SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind PacWest Investors of a Lead Plaintiff Deadline of November 13, 2023
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in PacWest Bancorp of Class Action Lawsuit and Upcoming Deadline - PACW