Pacwest Bancorp (PACW) Tops Q2 EPS by 4c

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PacWest Bancorp Announces Results for the Second Quarter 2018

July 17, 2018 7:00 AM EDT

Highlights

Net Earnings of $115.7 Million, or $0.92 Per Diluted ShareTax Equivalent Net Interest Margin of 5.18%New Loan and Lease Production of $1.3 Billion; $430 Million of Net Loan Growth Core Deposits at 87% of Total Deposits

LOS ANGELES, July 17, 2018 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) today announced net earnings for the second quarter of 2018 of $115.7 million, or $0.92 per diluted share, compared to net earnings for the first quarter of 2018... More