Pacwest Bancorp (PACW) Tops Q3 EPS by 9c

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PacWest Bancorp Announces Results For The Third Quarter 2017

October 17, 2017 7:01 AM EDT

Highlights

Net Earnings of $101.5 Million, or $0.84 Per Diluted Share New Loan and Lease Production of $1.0 BillionCore Deposits Increase of $314 Million and Represent 81% of Total DepositsTax Equivalent Net Interest Margin of 5.08%All Approvals Received for CUB Acquisition; Expected to Close October 20

LOS ANGELES, Oct. 17, 2017 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) today announced net earnings for the third quarter of 2017 of $101.5... More