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    PacWest Bancorp

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    $PACW
    Major Banks
    Finance

    PacWest Bancorp operates as the bank holding company for Pacific Western Bank that provides various banking products and services. The company accepts demand, money market, and time deposits. It also provides real estate loans to professional developers and real estate investors for the acquisition, refinancing, renovation, and construction of commercial real estate properties; small business administration loans; asset-based loans for working capital needs; venture capital loans to support the operations of entrepreneurial and venture-backed companies; and equipment-secured loans and leases. In addition, the company offers consumer loans comprising personal loans, auto loans, home equity lines of credit, revolving lines of credit, and other loans. Further, it provides international banking and multi-state deposit services; money market sweep products; investment advisory and asset management services; treasury and cash management services; telephone banking, remote deposit, and online and mobile banking services; and automated teller machine services. The company offers its products and services to small and mid-sized companies, venture capital and private equity investors, professionals, and other individuals. It operates through 70 full-service branches located in California; one branch located in Durham, North Carolina; one branch located in Denver, Colorado; and various loan production offices. The company was formerly known as First Community Bancorp and changed its name to PacWest Bancorp in April 2008. PacWest Bancorp was founded in 1999 and is headquartered in Beverly Hills, California.

    IPO Year:

    Exchange: NASDAQ

    Website: pacwestbancorp.com

    Recent Analyst Ratings for PacWest Bancorp

    DatePrice TargetRatingAnalyst
    6/8/2023$8.75Hold
    Odeon
    5/4/2023$19.00 → $3.00Buy → Neutral
    DA Davidson
    3/13/2023$31.00 → $29.00Neutral → Buy
    DA Davidson
    12/15/2022$32.00 → $26.00Overweight → Equal Weight
    Wells Fargo
    12/9/2022$26.00Buy → Hold
    Truist
    10/6/2022$43.00 → $28.00Buy → Neutral
    DA Davidson
    7/22/2022$47.00 → $35.00Outperform → Mkt Perform
    Keefe Bruyette
    7/7/2022Strong Buy → Mkt Perform
    Raymond James
    1/21/2022$59.00 → $62.00Strong Buy
    Raymond James
    11/2/2021$57.00 → $59.00Strong Buy
    Raymond James
    See more ratings