PacWest Bancorp (PACW) stock price, revenue, and financials

PacWest Bancorp market cap is $2.2 b, and annual revenue was $1.36 b in FY 2019

$2.2 B

PACW Mkt cap, 30-Jul-2020

$320.4 M

PacWest Bancorp Revenue Q1, 2020
PacWest Bancorp Net income (Q1, 2020)-1.4 B
PacWest Bancorp EBIT (Q1, 2020)-1.4 B
PacWest Bancorp Cash, 31-Mar-2020612.3 M
PacWest Bancorp EV3.9 B

PacWest Bancorp Income Statement

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2018FY, 2019

Revenue

31.4m15.9m4.2m42.2m883.9m1.0b1.3b1.4b

Revenue growth, %

127%25%15%

Cost of goods sold

60.6m54.6m

Gross profit

823.3m961.3m

Gross profit Margin, %

93%95%

Sales and marketing expense

2.3m2.5m3.3m251.9m

R&D expense

9.0m9.1m9.5m14.6m24.4m27.2m27.6m

Operating expense total

25.6m28.5m31.5m58.7m276.3m77.3m58.5m

Depreciation and amortization

5.4m6.3m22.5m18.7m

EBIT

45.5m170.5m480.1m961.3m465.3m468.6m

EBIT margin, %

1072%404%54%95%36%34%

Interest expense

32.6m19.6m12.2m42.4m120.8m205.3m

Interest income

36.9m47.3m111.6m115.6m

Pre tax profit

87.5m93.5m75.5m170.5m480.1m557.9m633.3m632.9m

Income tax expense

36.8m36.7m30.0m113.9m(180.5m)(205.8m)168.0m164.3m

Net Income

50.7m56.8m45.1m168.9m299.6m352.2m465.3m468.6m

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

11.2m7.1m3.3m4.9m5.7m2.8m203.0k5.1m4.7m212.8m16.3m20.9m19.6m15.8m84.3m34.5m22.1m26.9m112.5m35.1m35.3m31.4m128.6m316.3m328.2m329.6m335.6m365.4m340.6m320.4m

Cost of goods sold

11.8m

Gross profit

201.0m

Gross profit Margin, %

94%

Sales and marketing expense

595.0k548.0k638.0k581.0k635.0k736.0k798.0k756.0k934.0k45.1m

R&D expense

2.1m2.2m2.3m2.3m2.3m2.2m2.5m2.6m2.5m3.9m4.3m4.4m4.3m18.6m5.9m5.6m6.2m24.4m7.0m6.3m6.5m26.6m6.7m6.9m6.7m6.9m6.8m7.0m6.5m

Operating expense total

6.9m6.0m6.7m7.6m6.9m6.9m7.3m8.7m8.3m80.1m3.9m12.8m14.4m14.1m59.6m19.0m17.9m17.8m74.9m22.6m18.1m17.5m72.9m19.1m18.6m17.9m18.5m19.6m18.4m16.2m

Depreciation and amortization

1.5m1.4m1.7m1.6m1.5m1.5m1.5m9.4m4.7m4.4m4.2m16.5m3.1m3.1m3.0m14.2m6.3m5.6m5.6m4.9m4.9m4.8m3.9m

EBIT

4.4m24.1m25.9m73.1m85.1m69.6m299.6m90.5m82.2m93.9m352.2m78.7m93.6m101.5m118.3m115.7m116.3m112.6m128.1m110.0m(1.4b)

EBIT margin, %

2166%471%552%350%434%442%355%262%371%349%313%224%265%323%37%35%35%34%35%32%(447%)

Interest expense

8.5m8.1m6.7m4.5m4.4m3.6m3.2m2.9m2.3m192.5m13.5m15.2m15.9m15.2m60.6m14.6m13.3m13.2m54.6m15.0m17.1m19.3m72.9m21.3m26.2m32.3m49.7m53.6m55.0m41.6m

Interest income

8.2m8.4m9.9m10.8m192.5m12.2m14.6m14.0m64.4m22.5m22.4m22.2m90.6m23.0m24.7m24.8m98.2m26.1m27.7m28.1m29.7m28.9m28.8m27.4m

Pre tax profit

22.0m22.6m8.1m26.0m26.9m21.2m6.3m35.4m40.5m11.2m62.3m119.2m130.4m109.4m480.1m148.3m131.9m142.4m557.9m126.3m148.5m139.4m554.7m163.7m158.0m157.6m155.7m178.4m151.9m(1.4b)

Income tax expense

9.2m9.3m2.9m10.4m10.8m7.7m1.9m11.2m14.6m(14.8m)42.2m46.1m45.3m39.8m180.5m57.8m49.7m48.5m205.8m47.6m54.9m37.9m196.9m45.4m42.3m41.3m43.0m50.2m41.8m12.0m

Net Income

12.8m13.3m5.3m15.6m16.1m13.5m4.3m24.2m25.1m10.6m62.3m73.1m85.1m69.6m299.6m90.5m82.2m93.9m352.2m78.7m93.6m101.5m357.8m118.3m115.7m116.3m112.6m128.1m110.0m(1.4b)

PacWest Bancorp Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2018FY, 2019

Cash

295.6m164.4m147.4m313.2m396.5m419.7m385.8m637.6m

Accounts Receivable

3.4b3.0b11.8b161.6m17.8b18.7b

Inventories

PP&E

23.1m19.5m32.4m36.6m39.2m38.6m34.7m38.6m

Goodwill

39.1m79.9m208.7m1.7b2.2b2.2b2.5b

Total Assets

5.5b5.5b6.5b16.2b21.3b21.9b25.7b26.8b

Accounts Payable

15.9b

Short-term debt

30.7m436.0m440.7m

Long-term debt

12.6m113.7m383.4m1.4b1.8b

Total Debt

43.3m132.6m383.4m440.7m453.8m1.8b

Total Liabilities

5.0b4.9b5.7b12.7b17.4b20.9b21.8b

Common Stock

375.0k377.0k465.0k1.0m1.2m1.3m1.2m

Preferred Stock

Additional Paid-in Capital

1.1b1.1b1.3b3.8b4.4b4.2b3.7b3.3b

Retained Earnings

(556.3m)(499.5m)(454.4m)(285.5m)13.9m366.1m1.2b1.7b

Total Equity

546.2m589.1m809.1m3.5b4.4b4.5b4.8b5.0b

Debt to Equity Ratio

0.2 x0.1 x0.1 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

10.1 x9.3 x8.1 x4.6 x4.8 x4.9 x5.3 x5.4 x

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

150.5m167.3m133.8m123.5m160.4m131.7m218.8m144.0m342.1m363.4m260.9m391.9m640.6m236.3m396.5m519.5m445.4m540.4m419.7m296.5m287.5m270.0m398.4m547.8m451.6m381.8m556.9m607.7m736.0m612.3m

Accounts Receivable

3.6b3.6b3.5b2.8b3.0b2.9b11.5b12.2b11.9b12.3b14.4b14.4b14.5b14.6b15.3b15.4b15.4b15.5b16.8b16.3b16.8b17.1b18.2b18.3b18.6b19.5b

PP&E

23.3m22.9m22.9m21.6m18.1m19.0m33.6m32.7m29.9m40.4m38.4m36.0m36.0m36.5m39.2m39.7m38.7m39.0m38.6m28.9m29.1m28.9m31.9m33.7m34.5m34.0m37.8m38.2m37.9m39.8m

Goodwill

39.1m39.1m56.1m62.0m79.6m79.7m209.2m215.9m208.7m1.7b1.7b1.7b1.7b1.7b2.2b2.2b2.2b2.2b2.2b2.2b2.2b2.2b2.5b2.5b2.5b2.5b2.5b2.5b2.5b1.1b

Total Assets

5.4b5.5b5.4b5.3b5.5b5.3b6.7b6.6b6.5b15.7b15.9b16.6b16.7b16.8b21.3b21.0b21.1b21.3b21.9b21.9b22.2b22.2b25.0b24.1b24.5b24.8b26.3b26.3b26.7b26.1b

Short-term debt

45.3m29.5m31.9m33.1m

Long-term debt

11.2m9.7m8.2m5.7m4.6m363.7m618.2m2.8m552.5m621.9m551.4m918.2m541.0m905.8m460.6m217.5m250.4m467.3m575.3m1.2b1.5b1.5b1.9b1.3b2.3b

Total Debt

45.3m29.5m43.1m42.8m132.5m132.8m4.6m433.5m431.4m433.9m435.4m621.9m438.7m439.3m441.1m905.8m442.5m445.7m250.4m467.3m575.3m1.2b452.9m454.5m1.9b1.3b2.3b

Total Liabilities

4.9b5.0b4.9b4.8b5.0b4.7b5.9b5.8b5.7b12.2b12.5b13.1b13.1b13.2b16.9b16.6b16.6b16.8b17.4b17.4b17.7b17.6b20.0b19.3b19.8b20.0b21.5b21.5b21.8b22.8b

Common Stock

375.0k375.0k376.0k377.0k377.0k375.0k465.0k465.0k465.0k1.0m1.0m1.0m1.0m1.0m1.2m1.2m1.2m1.2m1.2m1.2m1.2m1.2m1.3m1.3m1.3m1.3m1.2m1.2m1.2m1.2m

Preferred Stock

Additional Paid-in Capital

1.1b1.1b1.1b1.1b1.1b1.1b1.3b1.3b1.3b3.9b3.9b3.8b3.7b3.7b4.4b4.4b4.3b4.2b4.2b4.1b4.1b4.0b4.3b4.1b3.9b3.8b3.5b3.4b3.4b3.2b

Retained Earnings

(583.5m)(570.2m)(551.1m)(535.5m)(519.4m)(486.0m)(481.7m)(457.5m)(429.3m)(418.8m)(356.5m)(212.6m)(127.5m)(57.9m)13.9m104.4m186.5m280.4m366.1m444.3m538.0m639.4m723.5m835.6m951.3m1.1b1.3b1.4b1.5b213.9m

Total Equity

512.0m539.5m549.6m565.6m584.1m589.8m801.7m816.3m833.7m3.4b3.5b3.5b3.6b3.6b4.4b4.5b4.5b4.5b4.5b4.5b4.6b4.6b5.0b4.9b4.8b4.7b4.8b4.9b4.9b3.4b

Debt to Equity Ratio

0.2 x0.2 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x

Debt to Assets Ratio

0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x

Financial Leverage

10.5 x10.2 x9.9 x9.4 x9.5 x9 x8.4 x8.1 x7.8 x4.6 x4.6 x4.7 x4.7 x4.7 x4.8 x4.7 x4.7 x4.7 x4.9 x4.9 x4.9 x4.8 x5 x5 x5.1 x5.2 x5.5 x5.4 x5.4 x7.7 x

PacWest Bancorp Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2018FY, 2019

Net Income

50.7m56.8m45.1m168.9m299.6m352.2m465.3m468.6m

Depreciation and Amortization

20.1m5.4m31.5m39.2m54.0m32.9m57.7m57.8m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

170.3m118.0m50.3m332.1m593.9m581.1m608.0m582.7m

Purchases of PP&E

(5.9m)(4.9m)(3.6m)(2.7m)(12.4m)(15.1m)

Cash From Investing Activities

99.1m170.9m412.9m556.6m(642.5m)(958.6m)(917.2m)(631.3m)

Long-term Borrowings

228.1m

Dividends Paid

(7.6m)(28.8m)(41.0m)(114.2m)(288.2m)(289.0m)

Cash From Financing Activities

(82.3m)(420.1m)(480.2m)(722.9m)131.9m400.6m296.5m300.5m

Net Change in Cash

187.1m(131.2m)(17.0m)165.8m(12.7m)251.9m

Interest Paid

33.0m21.6m13.3m34.8m65.9m54.4m119.0m200.5m

Income Taxes Paid

19.1m40.8m27.7m98.6m123.5m

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

23.5m36.8m5.3m20.8m36.9m13.5m17.8m42.0m25.1m35.6m97.9m73.1m158.2m227.8m299.6m90.5m172.6m266.5m352.2m78.7m172.3m273.8m357.8m118.3m234.0m350.3m112.6m240.7m350.8m(1.4b)

Depreciation and Amortization

8.7m13.7m3.9m10.7m18.3m7.3m15.2m23.8m6.7m18.0m28.4m10.6m22.1m33.2m54.0m22.5m43.8m66.1m49.4m11.6m22.1m33.0m46.3m15.1m29.4m43.3m14.2m28.3m42.8m14.9m

Cash From Operating Activities

64.1m123.7m10.7m50.1m72.7m25.8m42.0m66.4m27.2m50.6m147.3m126.5m279.0m403.3m593.9m132.2m274.2m431.3m581.1m143.2m185.2m358.2m484.0m136.0m306.5m463.8m151.9m280.0m447.6m115.6m

Purchases of PP&E

(3.4m)(4.4m)(955.0k)(1.8m)(2.2m)(742.0k)(1.3m)(2.2m)(1.1m)(1.5m)(3.4m)(5.9m)(8.9m)(2.9m)(4.0m)(6.2m)(8.2m)(1.9m)(4.0m)(5.9m)(7.9m)(4.0m)(7.3m)(9.2m)(5.6m)(8.6m)(11.0m)(4.3m)

Cash From Investing Activities

142.3m32.4m51.0m197.4m119.5m109.3m322.0m325.4m199.2m(2.0m)(2.3m)(409.3m)(282.5m)(843.5m)(642.5m)341.2m114.9m(7.2m)(958.6m)(218.8m)(507.2m)(567.8m)32.7m890.6m361.7m(2.5m)(308.9m)(229.6m)(464.3m)(875.1m)

Long-term Borrowings

47.7m225.2m222.7m1.4m2.8m

Dividends Paid

(726.0k)(1.1m)(6.5m)(13.1m)(19.7m)(9.1m)(18.3m)(29.6m)(11.3m)(37.0m)(62.7m)(51.4m)(102.9m)(154.4m)(215.1m)(60.9m)(121.8m)(182.7m)(243.4m)(60.8m)(121.7m)(182.5m)(247.4m)(63.7m)(139.7m)(214.1m)(73.2m)(145.1m)(217.0m)(71.2m)

Cash From Financing Activities

(164.4m)(97.3m)(223.5m)(419.7m)(327.4m)(167.9m)(309.6m)(412.2m)(31.8m)(1.1b)(920.3m)361.5m330.9m363.3m131.9m(350.4m)(340.2m)(280.2m)400.6m(47.5m)189.8m59.9m(537.9m)(877.2m)(615.1m)(477.9m)328.1m171.6m367.0m734.1m

Net Change in Cash

42.0m58.8m(161.9m)(172.1m)(135.2m)(32.7m)54.4m(20.4m)194.7m(215.9m)(113.4m)78.6m327.4m(76.9m)83.3m123.0m48.9m143.9m23.2m(123.2m)(132.2m)(149.7m)(21.2m)149.4m53.1m(16.7m)171.1m222.0m350.2m(25.4m)

Interest Paid

17.6m26.3m8.1m12.8m17.5m4.1m7.6m10.6m2.5m(12.4m)(24.0m)12.3m29.0m51.2m65.9m15.1m28.6m41.4m54.4m14.4m30.5m48.4m69.5m17.5m47.6m78.9m46.2m97.2m154.2m43.8m

Income Taxes Paid

22.3m30.0m6.2m17.9m13.6m16.7m16.6m15.8m44.9m82.7m133.9m2.8m118.9m146.3m208.1m3.8m23.3m62.5m2.8m68.3m89.5m2.0m

PacWest Bancorp Ratios

USDQ2, 2011

Financial Leverage

10.5 x

PacWest Bancorp Operating Metrics

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

ATMs

25 k25 k25 k

Bank Branches

80 87

Total Loans

$11.90 b$12.02 b$11.81 b$12.26 b$14.50 b$14.35 b$14.50 b$14.59 b$15.50 b$15.31 b$15.43 b