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PACW - PacWest Bancorp News Story

$39.87 0.6  1.6%

Last Trade - 9:00pm

Large Cap
Market Cap £3.34bn
Enterprise Value £3.57bn
Revenue £844.2m
Position in Universe 1473rd / 6848

PacWest Bancorp Announces Quarterly Dividend

Tue 10th November, 2020 10:00pm
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LOS ANGELES, Nov. 10, 2020 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW)
announced today that its Board of Directors has declared a quarterly cash
dividend of $0.25 per common share. The cash dividend is payable on December
10, 2020 to stockholders of record at the close of business on November 30,


PacWest Bancorp (“PacWest”) is a bank holding company with over $28
billion in assets with one wholly-owned banking subsidiary, Pacific Western
Bank (the “Bank”). The Bank has 71 full-service branches located in
California, one branch located in Durham, North Carolina, and one branch
located in Denver, Colorado. Our Community Banking group provides lending and
comprehensive deposit and treasury management services to small and
medium-sized businesses conducted primarily through our California-based
branch offices and Denver, Colorado branch office. We offer additional
products and services through our 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. For more information about PacWest
Bancorp or Pacific Western Bank, visit

Contact information:
Matt Wagner, President and Chief Executive Officer, (303) 802-8900
Bill Black, Executive Vice President, Strategy and Corporate Development,
(919) 597-7466 

GlobeNewswire, Inc. 2020
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