Pacwest Bancorp (PACW) Tops Q4 EPS by 3c

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PacWest Bancorp Announces Results for the Fourth Quarter and Full Year 2015

January 21, 2016 7:00 AM EST

Fourth Quarter 2015 Highlights

Square 1 Acquisition Closed October 6, 2015Net Earnings of $71.8 Million, or $0.60 Per Diluted Share; Adjusted Net Earnings of $83.9 Million, or $0.70 Per Diluted Share New Loan and Lease Production of $1.4 Billion for the QuarterCore Deposits Increased $3.8 Billion for the Quarter and Represented 67% of Total DepositsCore Tax Equivalent Net Interest Margin of 5.10%

Full Year 2015 Highlights

Net Earnings of $299.6 Million, or $2.79 Per Diluted Share; Adjusted Net... More