PacWest Bancorp

PacWest Bancorp operates as the holding company for Pacific Western Bank that provides commercial 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, and construction of commercial real estate properties; cash flow loans to finance business acquisitions and recapitalization activities; small business administration loans; asset-based loans for working capital needs; equipment-secured loans and leases; and venture-backed loans to support the start-up operations of entrepreneurial companies. 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, multi-state deposit, and asset management services; money market sweep products; investment advisory services; treasury and cash management services; telephone banking, and on-line and mobile banking services; and foreign exchange and ATM services. The company offers its products and services to small and mid-sized companies, private equity investors, professionals, and other individuals. As of February 1, 2016, it had 80 full-service branches in the state of California; and a branch in Durham, North Carolina. The company was formerly known as First Community Bancorp and changed its name to PacWest Bancorp in April 2008.

Company Growth (employees)
Type
Public
HQ
Beverly Hills, US
Founded
1999
Size (employees)
1,669 (est)
PacWest Bancorp was founded in 1999 and is headquartered in Beverly Hills, US

PacWest Bancorp Office Locations

PacWest Bancorp has an office in Beverly Hills
Beverly Hills, US (HQ)
700 9701 Wilshire Blvd

PacWest Bancorp Data and Metrics

PacWest Bancorp Financial Metrics

PacWest Bancorp's revenue was reported to be $282.5 m in Q1, 2017
USD

Revenue (Q1, 2017)

282.5 m

Gross profit (Q1, 2017)

267.6 m

Gross profit margin (Q1, 2017), %

95%

Net income (Q1, 2017)

78.7 m

EBIT (Q1, 2017)

232.5 m

Market capitalization (19-Sep-2017)

5.7 b

Cash (31-Mar-2017)

296.5 m
PacWest Bancorp's current market capitalization is $5.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

309.9 m704.8 m883.9 m1 b

Revenue growth, %

127%25%15%

Cost of goods sold

12.2 m2.6 m60.6 m54.6 m

Gross profit

297.7 m702.2 m823.3 m961.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

212.8 m218.7 m235.2 m238.1 m223.4 m293.8 m269.2 m274.8 m282.5 m

Cost of goods sold

11.8 m13.5 m15.2 m15.9 m15.2 m14.6 m13.3 m13.2 m15 m

Gross profit

201 m205.2 m219.9 m222.2 m208.3 m279.1 m255.9 m261.6 m267.6 m

Gross profit Margin, %

94%94%94%93%93%95%95%95%95%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

147.4 m313.2 m396.5 m419.7 m

Accounts Receivable

161.6 m

PP&E

32.4 m36.6 m39.2 m38.6 m

Goodwill

208.7 m1.7 b2.2 b2.2 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

243.6 m260.9 m391.9 m640.6 m236.3 m519.5 m445.4 m540.4 m296.5 m

Inventories

1.6 b

PP&E

40.4 m38.4 m36 m36 m36.5 m39.7 m38.7 m39 m28.9 m

Goodwill

1.7 b1.7 b1.7 b1.7 b1.7 b2.2 b2.2 b2.2 b2.2 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

45.1 m168.9 m299.6 m352.2 m

Depreciation and Amortization

31.5 m39.2 m54 m32.9 m

Cash From Operating Activities

50.3 m332.1 m593.9 m581.1 m

Cash From Investing Activities

412.9 m556.6 m(642.5 m)(958.6 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

10.6 m62.3 m73.1 m158.2 m227.8 m90.5 m172.6 m93.9 m78.7 m

Depreciation and Amortization

1.7 m1.6 m10.6 m22.1 m33.2 m22.5 m43.8 m

Cash From Operating Activities

126.5 m279 m403.3 m132.2 m274.2 m

Cash From Investing Activities

(2 m)(2.3 m)(409.3 m)(282.5 m)(843.5 m)341.2 m114.9 m
USDY, 2017

Revenue/Employee

169.3 k

Financial Leverage

4.9 x
Show all financial metrics

PacWest Bancorp Operating Metrics

PacWest Bancorp's Total Loans Issued was reported to be $15.4 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Total Loans Issued

$11.9 b$12.02 b$11.81 b$12.26 b$14.5 b$14.35 b$14.5 b$14.59 b$15.5 b$15.31 b$15.43 b

Bank Branches

8087

ATMs

25 k25 k25 k
Show all operating metrics

PacWest Bancorp Market Value History

Traffic Overview of PacWest Bancorp

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