Pacwest Bancorp (PACW) Reports In-Line Q2 EPS

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PacWest Bancorp Announces Results for the Second Quarter of 2015

July 15, 2015 7:00 AM EDT

Highlights

Net Earnings of $85.1 Million, or $0.83 Per Diluted Share; Adjusted Net Earnings of $72.5 Million, or $0.70 Per Diluted Share Core Net Interest Margin at 5.27%; Core Tax Equivalent Net Interest Margin at 5.33% New Loan and Lease Originations of $658.7 Million Core Deposits Increased $387.2 Million in the Quarter and are 52% of Total Deposits

LOS ANGELES, July 15, 2015 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) today announced net earnings for the second quarter of 2015 of $85.1 million, or... More