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PACW - PacWest Bancorp News Story

$42.74 2.3  5.6%

Last Trade - 5:35pm

Large Cap
Market Cap £3.46bn
Enterprise Value £3.69bn
Revenue £858.5m
Position in Universe 1443rd / 6857

PacWest Bancorp Announces Quarterly Dividend

Wed 17th February, 2021 10:00pm
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LOS ANGELES, Feb. 17, 2021 (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 March 10,
2021 to stockholders of record at the close of business on March 1, 2021.  


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. 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:  Phone:  Matthew P. Wagner President and CEO  303-802-8900  William J. Black EVP, Strategy and Corporate Development 919-597-7466  

GlobeNewswire, Inc. 2021
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