PacWest Bancorp

Company Profile

PacWest Bancorp had its IPO on 2000-06-02 under the ticker symbol PACW.

The company operates in the Financial Services sector and Banks-Regional industry. PacWest Bancorp has a staff strength of 2,438 employees.

Stock update

Shares of PacWest Bancorp opened at $8.12 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $8.09 - $8.32, and closed at $8.14.

This is a +0.49% increase from the previous day's closing price.

A total volume of 2,074,528 shares were traded at the close of the day’s session.

In the last one week, shares of PacWest Bancorp have slipped by -1.21%.

PacWest Bancorp's Key Ratios

PacWest Bancorp has a market cap of $972.09 million, indicating a price to book ratio of 0.8431 and a price to sales ratio of 1.9105.

In the last 12-months PacWest Bancorp’s revenue was $1.03 billion with a gross profit of $1.34 billion and an EBITDA of $0. The EBITDA ratio measures PacWest Bancorp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, PacWest Bancorp’s operating margin was 20.58% while its return on assets stood at -3.06% with a return of equity of -37.22%.

In Q2, PacWest Bancorp’s quarterly earnings growth was a negative -71.1% while revenue growth was a negative 83.9%.

PacWest Bancorp’s PE and PEG Ratio

Forward PE

5.8582

Trailing PE

0

PEG

1.56

Its diluted EPS in the last 12-months stands at $-10.87 per share while it has a forward price to earnings multiple of 5.8582 and a PEG multiple of 1.56. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into PacWest Bancorp’s profitability.

PacWest Bancorp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 1.9105.

PacWest Bancorp stock pays annual dividends of $0.76 per share, indicating a yield of 0.51% and a payout ratio of 21.58%.

Balance sheet and cash flow metrics

Total Assets

$38.34 billion

Total Liabilities

$679.26 million

Operating Cash Flow

$5.74 billion

Capital Expenditure

$5.09 million

Dividend Payout Ratio

21.58%

PacWest Bancorp ended 2024 with $38.34 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $38.34 billion while shareholder equity stood at $2.53 billion.

PacWest Bancorp ended 2024 with $0 in deferred long-term liabilities, $679.26 million in other current liabilities, 1233000.00 in common stock, $7.89 million in retained earnings and $0.00 in goodwill. Its cash balance stood at $6.70 billion and cash and short-term investments were $11.41 billion. The company’s total short-term debt was $123,065,000 while long-term debt stood at $7.23 billion.

PacWest Bancorp’s total current assets stands at $11.41 billion while long-term investments were $6.99 billion and short-term investments were $4.71 billion. Its net receivables were $379.59 million compared to accounts payable of $679.26 million and inventory worth $0.

In 2024, PacWest Bancorp's operating cash flow was $5.74 billion while its capital expenditure stood at $5.09 million.

Comparatively, PacWest Bancorp paid $0.22 in dividends in 2024.

Other key metrics

Current Trading Price

$8.14

52-Week High

$29.7043

52-Week Low

$2.4719

Analyst Target Price

$11.56

PacWest Bancorp stock is currently trading at $8.14 per share. It touched a 52-week high of $29.7043 and a 52-week low of $29.7043. Analysts tracking the stock have a 12-month average target price of $11.56.

Its 50-day moving average was $8.45 and 200-day moving average was $14.52 The short ratio stood at 1.29 indicating a short percent outstanding of 0%.

Around 152.9% of the company’s stock are held by insiders while 8487.8% are held by institutions.