This company has been acquired
PACW Stock Overview
Operates as the bank holding company for Banc of California that provides various banking products and services. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for PACW from our risk checks.
Community vs My Fair Value
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Banc of California, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$7.54 |
| 52 Week High | US$30.07 |
| 52 Week Low | US$2.48 |
| Beta | 0 |
| 1 Month Change | -8.50% |
| 3 Month Change | -8.50% |
| 1 Year Change | -70.88% |
| 3 Year Change | -70.47% |
| 5 Year Change | -79.43% |
| Change since IPO | -46.14% |
Recent News & Updates
Recent updates
Need To Know: Analysts Just Made A Substantial Cut To Their PacWest Bancorp (NASDAQ:PACW) Estimates
Mar 25
PacWest Bancorp's (NASDAQ:PACW) Dividend Will Be $0.25
Feb 04PacWest Bancorp GAAP EPS of $1.02 misses by $0.05, revenue of $373.8M misses by $7.02M
Oct 19PacWest Bancorp (NASDAQ:PACW) Is Paying Out A Dividend Of $0.25
Aug 05PacWest Bancorp Q2 2022 Earnings Preview
Jul 19Shareholder Returns
| PACW | US Banks | US Market | |
|---|---|---|---|
| 7D | -6.9% | 3.2% | 1.3% |
| 1Y | -70.9% | 16.0% | 8.2% |
Return vs Industry: PACW underperformed the US Banks industry which returned 0.5% over the past year.
Return vs Market: PACW underperformed the US Market which returned 14.1% over the past year.
Price Volatility
| PACW volatility | |
|---|---|
| PACW Average Weekly Movement | 7.0% |
| Banks Industry Average Movement | 4.7% |
| Market Average Movement | 7.9% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 4.1% |
Stable Share Price: PACW has not had significant price volatility in the past 3 months.
Volatility Over Time: PACW's weekly volatility has decreased from 21% to 7% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1941 | 2,438 | Paul Taylor | bancofcal.com |
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 mortgage loans, and real estate construction and land loans to professional developers and real estate investors for the acquisition, refinancing, renovation, and construction of commercial real estate properties; lender, equipment, and premium finance; other asset-based loans; venture capital loans to support the operations of entrepreneurial and venture-backed companies; and equipment-secured loans and leases.
Banc of California, Inc. Fundamentals Summary
| PACW fundamental statistics | |
|---|---|
| Market cap | US$894.15m |
| Earnings (TTM) | -US$1.41b |
| Revenue (TTM) | US$837.18m |
0.8x
P/B Ratio1.8x
P/S RatioIs PACW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PACW income statement (TTM) | |
|---|---|
| Revenue | US$837.18m |
| Cost of Revenue | US$0 |
| Gross Profit | US$837.18m |
| Other Expenses | US$2.24b |
| Earnings | -US$1.41b |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -11.87 |
| Gross Margin | 100.00% |
| Net Profit Margin | -168.07% |
| Debt/Equity Ratio | 298.9% |
How did PACW perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/03 00:33 |
| End of Day Share Price | 2023/11/30 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Banc of California, Inc. is covered by 26 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jared David Shaw | Barclays |
| Lana Chan | BMO Capital Markets Equity Research |
| Stephen Moss | B. Riley Securities, Inc. |