PACW
PacWest Bancorp
$9.88
Earnings Summary
Revenue | $279.64Mn |
Net Profits | $49.51Mn |
Net Profit Margins | 17.7% |
PE Ratio | 3.15 |
Highlights
PacWest Bancorp’s revenue fell -19.18% since last year same period to $279.64Mn in the Q4 2022. On a quarterly growth basis, PacWest Bancorp has generated -31.8% fall in its revenue since last 3-months.
PacWest Bancorp’s net profit fell -63.61% since last year same period to $49.51Mn in the Q4 2022. On a quarterly growth basis, PacWest Bancorp has generated -59.49% fall in its net profits since last 3-months.
PacWest Bancorp’s net profit margin fell -54.97% since last year same period to 17.7% in the Q4 2022. On a quarterly growth basis, PacWest Bancorp has generated -40.6% fall in its net profit margins since last 3-months.
PacWest Bancorp’s price-to-earnings ratio after this Q4 2022 earnings stands at 3.15.
Earnings per share (EPS) Estimates
Earnings per share (EPS) estimates of the PacWest Bancorp post its latest quarter earnings
EPS Estimate Current Quarter | 0.99 |
EPS Estimate Current Year | 0.99 |
Highlights
PacWest Bancorp’s earning per share (EPS) estimates for the current quarter stand at 0.99 - a -6.6% fall from last quarter’s estimates.
PacWest Bancorp’s earning per share (EPS) estimates for the current year stand at 0.99.
Key Ratios
Key ratios of the PacWest Bancorp post its Q4 2022 earnings
Return on Assets (ROA) | 0.01 |
Return on Equity (ROE) | 0.11 |
Dividend Per Share (DPS) | 0.25 |
Highlights
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.
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 0.11.
PacWest Bancorp declared 0.25 dividend per share during the earnings announcement for Q4 2022.
Earnings Calendar
| Earnings Date | Estimated EPS | Reported EPS | Surprise % |
|---|---|---|---|
2022-02-28 | 1 | 1.14 | 14% |
2021-08-06 | 0.97 | 1.52 | 56.7% |
2021-05-10 | 0.91 | 1.27 | 39.56% |
2021-11-08 | 1.03 | 1.17 | 13.59% |
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 | 9701 Wilshire Boulevard, Beverly Hills, CA, United States, 90212 |
Employees | 2438 |
Industry | Finance |
CEO | Matthew Wagner |
