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PACW

Pacwest Bancorp

$29.44

Earnings Summary

Revenue
$339.49Mn
Net Profits
$122.36Mn
Net Profit Margins
36.04%
PE Ratio
6.97

Highlights

Revenue:

Pacwest Bancorp’s revenue jumped 14.05% since last year same period to $339.49Mn in the Q2 2022. On a quarterly growth basis, Pacwest Bancorp has generated 8.91% jump in its revenue since last 3-months.

Net Profits:

Pacwest Bancorp’s net profit fell -32.22% since last year same period to $122.36Mn in the Q2 2022. On a quarterly growth basis, Pacwest Bancorp has generated 1.86% jump in its net profits since last 3-months.

Net Profit Margins:

Pacwest Bancorp’s net profit margin fell -40.56% since last year same period to 36.04% in the Q2 2022. On a quarterly growth basis, Pacwest Bancorp has generated -6.47% fall in its net profit margins since last 3-months.

PE Ratio:

Pacwest Bancorp’s price-to-earnings ratio after this Q2 2022 earnings stands at 6.97.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Pacwest Bancorp post its latest quarter earnings

EPS Estimate Current Quarter
1.08
EPS Estimate Current Year
1.08

Highlights

EPS Estimate Current Quarter:

Pacwest Bancorp’s earning per share (EPS) estimates for the current quarter stand at 1.08 - a 1.89% jump from last quarter’s estimates.

EPS Estimate Current Year:

Pacwest Bancorp’s earning per share (EPS) estimates for the current year stand at 1.08.

Key Ratios

Key ratios of the Pacwest Bancorp post its Q2 2022 earnings

Earning Per Share (EPS)
1.02
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.13
Dividend Per Share (DPS)
1

Highlights

Earning Per Share (EPS):

Pacwest Bancorp’s earning per share (EPS) fell -32.89% since last year same period to 1.02 in the Q2 2022. This indicates that the Pacwest Bancorp has generated -32.89% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Pacwest Bancorp’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Pacwest Bancorp’s return on equity (ROE) stands at 0.13.

Dividend Per Share (DPS):

Pacwest Bancorp declared 1 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
1.06
1.02
-3.77%
2022-05-06
1.04
1.01
-2.88%

Company Information

PacWest Bancorp ('PacWest') is a bank holding company with over $29 billion in assets headquartered in Los Angeles, California, with executive offices in Denver, Colorado, with one wholly-owned banking subsidiary, Pacific Western Bank (the 'Bank'). The Bank has 70 full-service branches located in California, one branch located in Durham, North Carolina, and one branch located in Denver, Colorado. Its Community Banking group provides lending and comprehensive deposit and treasury management services to small and medium-sized businesses conducted primarily through its California-based branch offices and Denver, Colorado branch office. It offers additional products and services through its National Lending and Venture Banking groups. National Lending provides asset-based, equipment, and real estate loans and treasury management services to established middle market businesses on a national basis. Venture Banking offers a comprehensive suite of financial services focused on entrepreneurial or venture-backed businesses and their venture capital and private equity investors, with offices located in key innovation hubs across the United States.

Organisation
Pacwest Bancorp
Headquarters
Brea, California, United States
Employees
1.7K
Industry
Finance
CEO
Matthew Wagner