Pacwest Bancorp (PACW) Tops Q1 EPS by 13c

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Pacwest Bancorp Announces Results for the First Quarter 2018

April 17, 2018 7:00 AM EDT

Highlights

Net Earnings of $118.3 Million, or $0.93 Per Diluted ShareTax Equivalent Net Interest Margin of 5.11% Nonaccrual Loans and Leases Reduced by $52.1 million, or 33% in Q118Classified Loans and Leases Reduced by $70.4 million, or 25% in Q118Core Deposits at 87% of Total DepositsNew Loan and Lease Production of $788.5 Million

LOS ANGELES, April 17, 2018 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq:... More