PacWest Bancorp is a bank holding company. The Company through its subsidiary, Pacific Western Bank, is focused on providing business banking and treasury management services to small, middle-market and venture-backed businesses. The Company operates through three segments: Commercial Banking, Civic Financial Services (Civic), and Others. Under Commercial Banking, its principal business activities are gathering retail and commercial deposits, originating and servicing loans and leases and investing in investment securities. Under Civic, the Company's principal business activity is the financing of business-purpose non-owner-occupied investor properties. The Company's loan and lease portfolio consists primarily of real estate mortgage loans, real estate construction and land loans, and commercial loans and leases. Its lending activities include real estate mortgage loans, real estate construction loans, commercial loans and leases, and purchased single-family residential mortgage loans.
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Latest Earnings Beat Consensus (Q2 ending 06/2023) | Next Earnings Announcement | ||||||
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Q2 Non-GAAP earnings GAAP vs. Non-GAAP EarningsTD Ameritrade displays two types of stock earnings numbers, which are calculated differently and may report different values for the same period. GAAP earnings are the official numbers reported by a company, and non-GAAP earnings are adjusted to be more readable in earnings history and forecasts. Announced July 25, 2023 | $0.22 | Q2 Consensus of 6 analysts | $0.19 | Difference from consensus | 16.40% | Q3 Earnings will announce | (Unconfirmed) October 17, 2023 |
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PACW's fiscal year ends in December
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